Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, five percent (5%) or less of a publicly-traded entity; or (ii) own, directly or indirectly, less than five percent (5%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business. EXHIBIT B
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity that has a market capitalization of $1 billion or more; (ii) own, directly or indirectly, five percent (5%) or less of a publicly-traded entity that has a market capitalization of less than $1 billion; or (iii) own, directly or indirectly, less than ten percent (10%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B FORM OF RELEASE GENERAL RELEASE OF CLAIMS
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity; or (ii) own, directly or indirectly, less than five percent (5%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B COMPENSATION Performance Bonus: Up to One Hundred Percent (100%) of Employee’s Base Salary Equity Compensation: Employee shall be eligible for equity compensation as approved by the Compensation Committee of the Board of Directors. EXHIBIT C FORM OF RELEASE GENERAL RELEASE OF CLAIMS
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity that has a market capitalization of $1 billion or more; (ii) own, directly or indirectly, five percent (5%) or less of a publicly-traded entity that has a market capitalization of less than $1 billion; or (iii) own, directly or indirectly, less than ten percent (10%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B COMPENSATION Base Salary: Five Hundred and Fifty Thousand Dollars Performance Bonus: Target of One Hundred Percent (100%) of Employee’s Base Salary with a Maximum Bonus potential of Two Hundred Percent (200%) of Employee’s Base Salary Equity Compensation: Employee’s annual equity compensation grant target amount shall be at least $2.4 million, subject to the approval of the Compensation Committee of the Board of Directors. EXHIBIT C FORM OF RELEASE GENERAL RELEASE OF CLAIMS 1. _______________ (“Employee”), for himself and his family, heirs, executors, administrators, legal representatives and their respective successors and assigns, in exchange for the consideration received pursuant to Section 5.[ ] of the Employment Agreement to which this release is attached as Exhibit C (the “Employment Agreement”), does hereby release and forever discharge _____________________ (“Employer”), its subsidiaries, affiliated companies, successors and assigns, and its current or former directors, officers, employees, shareholders or agents in such capacities (collectively with Employer, the “Released Parties”) from any and all actions, causes of action, suits, controversies, claims and demands whatsoever, for or by reason of any matter, cause or thing whatsoever, whether known or unknown including, but not limited to, all claims under any applicable laws arising under or in connection with Employee’s employment or termination thereof, whether for discrimination, harassment, retaliation, tort, breach of express or implied employment contract, wrongful discharge, intentional infliction of emotional distress, or defamation or injuries incurred on the job or incurred as a result of loss of employment. Employee acknowledges that Employer encouraged him to consult with an attorney of his choosing, and through this General Release of Claims e...
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1(a) for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity; or (ii) own, directly or indirectly, less than five percent (5%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B COMPENSATION Base Salary: $450,000.00. Performance Bonus: Up to Seventy-Five Percent (75%) of Employee’s Base Salary based upon Employee meeting certain goals and objectives, as set forth by Employee’s Supervisor.
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity that has a market capitalization of $1 billion or more; (ii) own, directly or indirectly, five percent (5%) or less of a publicly-traded entity that has a market capitalization of less than $1 billion; or (iii) own, directly or indirectly, less than ten percent (10%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B COMPENSATION Performance Bonus: Up to 50% of Employee’s Base Salary. Equity Compensation: Employee shall be eligible for equity compensation as approved by the Compensation Committee of the Board of Directors of MEDNAX, Inc. EXHIBIT C FORM OF RELEASE GENERAL RELEASE OF CLAIMS
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity that has a market capitalization of $1 billion or more; (ii) own, directly or indirectly, five percent (5%) or less of a publicly-traded entity that has a market capitalization of less than $1 billion; or (iii) own, directly or indirectly, less than ten percent (10%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B COMPENSATION Base Salary: One Million US Dollars ($1,000,000). Performance Bonus: Target of One Hundred and Fifty Percent (150%) of Employee’s Base Salary with a Maximum Bonus potential of Two Hundred Percent (200%) of Employee’s Base Salary, and opportunity for threshold bonus. Employee’s 2020 performance bonus shall be prorated (on a daily basis relative to 366) based on the Effective Date and payable at 150% of Employee’s Base Salary (as so prorated).
Certain Ownership Interests. Except as disclosed to Buyer in Schedule 4.21, such Owner does not own, directly or indirectly, any equity or other ownership interest in any Person (i) who is engaged in any business of any Buyer Affiliated Company, or (ii) who is a client of Seller, other than such Owner’s ownership of (A) the interests indicated on Schedule 4.2(a), or (B) five percent (5%) or less of the combined voting power of all issued and outstanding voting securities of any publicly held corporation whose stock is traded on a major stock exchange or quoted on NASDAQ.
Certain Ownership Interests. On or before June 9, 1999, Borrowers shall deliver to Agent (a) all original certificates evidencing the ownership interests held by Nobel Learning Communities, Inc. in Nobel Education Dynamics Florida, Inc., together with executed transfer powers with respect thereto, and (b) either (i) all original certificates evidencing the ownership interests held by Xxxx Learning Communities, Inc. in Nobel Learning Solutions, LLC, together with executed transfer powers with respect thereto or (ii) a copy of a fully executed amendment to the Agreement of Operation of Nobel Learning Solutions, LLC providing that the ownership interests therein will not be evidenced by certificates.
Certain Ownership Interests. It shall not be deemed to be a violation of Section 8.1 for Employee to: (i) own, directly or indirectly, one percent (1%) or less of a publicly-traded entity; or (ii) own, directly or indirectly, less than five percent (5%) of a privately-held business or company, if Employee is at all times a passive investor with no board representation, management authority or other special rights to control operations of such business or company. EXHIBIT B COMPENSATION Performance Bonus: Up to One Hundred Percent (100%) of Employee’s Base Salary
