Common use of Club Memberships Clause in Contracts

Club Memberships. (a) the payment by the Corporation of any personal club memberships held by the Executive will cease on the Effective Date; and (b) the payment of any corporate club membership dues in respect of the Executive will cease on the Effective Date, and the membership will remain with the Corporation.

Appears in 6 contracts

Samples: Severance Agreement (Norske Skog Canada LTD), Severance Agreement (Norske Skog Canada LTD), Severance Agreement (Norske Skog Canada LTD)

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Club Memberships. (a) the payment by the Corporation Company of any personal club memberships held by the Executive will cease on the Effective Date; and (b) the payment of any corporate club membership dues in respect of the Executive will cease on the Effective Date, and the membership will remain with the CorporationCompany.

Appears in 3 contracts

Samples: Severance Agreement (Norske Skog Canada LTD), Severance Agreement (Norske Skog Canada LTD), Severance Agreement (Norske Skog Canada LTD)

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Club Memberships. (a) the payment by the Corporation Company of any personal club memberships held by the Executive will cease on the Effective DateDate of Termination; and (b) the payment of any corporate club membership dues in respect of the Executive will cease on the Effective DateDate of Termination, and the membership will remain with the CorporationCompany.

Appears in 2 contracts

Samples: Executive Employment Agreement (Norske Skog Canada LTD), Executive Employment Agreement (Norske Skog Canada LTD)

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