Beginning on the Effective. Date of this Agreement, the Reinsurer will reinsure a quota share, as specified in the table below, of the Ceding Company's net liability on those variable annuities, and those riders attached to those variable annuities, which are issued by the Ceding Company on or after the Effective Date of this Agreement and described below: Issue Date Quota Share ---------- ----------- On or before March 31, 2009 50% On or after April 1, 2009 10% Base Annuities: Form Number Product (plus any state variation) Plan Code Issued On Or After ------- -------------------------- ----------- ------------------ Choice 2003 (unbundled) 1.5% 9/2/03 P1154 GECHC03 July 1, 2008 Choice 2003 (unbundled) 3.0% P1154 GECHOICE03 July 1, 2008 Choice LIP 2007 P1154 CHCLIP07 July 1, 2008 Choice LIP 2007 Joint P1154 CHCLIP07J July 1, 2008 Choice LIP 2008 P1154 4/00 CHCLIP08 July 1, 2008 Choice with LIPS 2008 Rider P1154 CHCLPS08 December 8, 2008 Choice Oregon 5/03 3% P1154 4/00 SPVCHCOR03 July 1, 2008 Choice Oregon 71+ 5/03 3.0% P1154 4/00 SPV2CHOR03 July 1, 2008 Selections 2003 (unbundled) 1.5% 9/2/2003 P1156 with P5176 GESHRT03 July 1, 2008 Selections 2003 (unbundled) 3.0% P1156 with P5176 GESHORT03 July 1, 2008 Selections LIP 2007 P1156 with P5176 SELLIP07 July 1, 2008 Selections LIP 2007 Joint P1156 with P5176 SELLIP07J July 1, 2008 Selections LIP 2008 P1156 with P5176 SELLIP08 July 1, 2008 Selections with LIPS 2008 Rider P1156 SELLPS08 December 8, 2008 Riders: Form Number Rider (plus any state variation) Plan Code Issued On Or After ----- -------------------------- -------------------------- ------------------ Greater of 5% Rollup or Annual Ratchet P5224 GMDB5C03 July 1, 2008 (5% Rollup), DB1RATC03 (Annual Ratchet), DB1CHC01 (Inherent 1 Year Ratchet) GMDB Optional 5% Rollup P5223 GMDB503 July 1, 2008 Lifetime Income Plus 2007 (LIP) P5339 LIPR07 July 1, 2008 Lifetime Income Plus Rider 2008 (LIP) P5362 LIPR08 July 1, 2008 Lifetime Income Plus 2008 with optional P5362DB LIPR08DB July 1, 2008 DB Rider Annual Step-Up (ASDB) P5222 DB1RAT03 July 1, 2008 Earnings Protection Rider (EPR) P5239 TEDBR01, TEDBR03 July 1, 2008 Lifetime Income Plus Solutions (LIPS) P5409 5/08 LIPS08 December 8, 2008 Rider 2008 Lifetime Income Plus Solutions Rider P5409DB 5/08 LIPS08DB December 8, 2008 2008 with optional DB Rider
Beginning on the Effective. Date and throughout the term of this Lease, LESSEE shall be entitled to use of the Leased Premises for the operation of common carrier rail service. KCS further warrants that as of the date of this Lease, there is no other rail carrier to which KCS has granted rights to use the Leased Premises other than pursuant to joint facility agreements or arrangements that are superior to those granted herein to LESSEE. During the term of this Lease, LESSEE shall not grant to any third party the right to operate over the Leased Premises, nor shall it enter into any commercial or other agreement to move the traffic of any third party, other than to perform its common carrier obligations under the Interstate Commerce Commission Termination Act.
Beginning on the Effective. Date of this Agreement, the Reinsurer will reinsure a quota share, as specified in the table below, of the Ceding Company's net liability on those variable annuities, and those riders attached to those variable annuities, which are issued by the Ceding Company on or after the Effective Date of this Agreement and described below: Issue Date Quota Share ---------------------------------------- On or before March 31, 2009 50% ---------------------------------------- On or after April 1, 2009 10% Base Annuities:
Beginning on the Effective. Date and until the expiration of the last of the Orion Patent Rights on a country by country basis in the Major Countries, GTX and GTX Affiliates undertake not to market or sell a Competing Product in such country, excluding those countries of the Major Countries within the European Union, in which countries GTX and GTX Affiliates undertake not to market or sell any Competing Product for a period of five (5) years from the Amendment Date.
Beginning on the Effective. Date and so long as this Agreement remains in effect, the Principal Investigator and Investigators shall carry out and perform the obligations related to the Collaborative Research Project in accordance with the Research Plan applicable to each Agreement Year."
Beginning on the Effective. Date until sixty (60) months after the Effective Date, the Salary shall be $112,000.00.
Beginning on the Effective. Date and thereafter during the term ------------ of Employee's employment, the Company will pay Employee a base salary of not less than $175,000 per year, payable biweekly or semi-monthly in accordance with the payroll practices of the Company in effect from time to time. Such base salary shall not be reduced and shall be subject to review and potential upward adjustment periodically, in accordance with the compensation policies of the Company in effect from time to time. Employee shall also, during the first year of the Initial Term of Employee's employment hereunder, be eligible for an annual discretionary incentive bonus of up to 50% of Employee's base salary. Thereafter, Employee shall be eligible for an annual discretionary incentive bonus of up to 30% of Employee's base salary. Such bonus to be awarded in accordance with the bonus policies established by the Company from time to time. All of Employee's compensation under this Agreement will be subject to deduction and withholding authorized or required by applicable law.
