Company’s Obligation. Each RSU represents the right to receive a Share on the vesting date. Unless and until the RSUs vest, the Employee will have no right to receive Shares under such RSUs. Prior to actual distribution of Shares pursuant to any vested RSUs, such RSUs will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the Company.
Company’s Obligation a. Ensure submission of users’ data online on HireMee’s website i.e. xxx.xxxxxxx.xx.xx for registration within 7 days of signing of this Agreement.
b. Verification of the users’ data by an authorized representative of Company. Users’ data shall include company name, users’ name, contact details etc. Inability of Company to register and verify the users’ data shall not entitle the users in availing the services under this Agreement. Company shall be solely responsible for the submission of any wrong, incomplete or incorrect users’ data or profile in the xxx.xxxxxxx.xx.xx website.
c. The authorized representative of Company shall be responsible for incorporating the users’ data on the Hiremee's website and make changes from time to time in the event of any change in the users data and profile.
d. The company should inform HireMee for the opportunities/recruitment made as and when it happens.
e. The Company shall be responsible to make sure all the users/recruiters should download the Hiremee's mobile app.
f. This service is neither resalable nor transferable by the subscriber to any other person, corporate body, firm or individual
g. Engaging in any conduct prohibited by law or usage of services in any manner so as to impair the interests and functioning of HireMee or its users may result in withdrawal of service.
h. Company agrees using its logo in HireMee website for promotional purpose.
Company’s Obligation. All calculations, adjustments, conversions and other determinations under this Article 12 shall be the sole responsibility and obligation of the Company. The Trustee (a) shall have no obligation to review, verify, challenge or contest any such calculation, adjustment, conversion or other determination and (b) shall not be liable for any default or error by the Company under this Article 12.
Company’s Obligation. The Company’s obligation to make the severance payments and provide benefits in each case required under this Section 5 is conditioned upon Executive’s (i) execution and delivery to the Company of a general release of legal claims, including, but not limited to, employment-related claims (but not claims as a shareholder) in form satisfactory to the Company, and (ii) continued observance in all material respects of the covenants contained in Sections 6, 7, 8 and 9 of this Agreement.
Company’s Obligation. IF COVERAGE IS NOT DECLARED. If Executive is terminated without benefits under this Section 4 and it later becomes apparent that the termination occurred within a Control Change Window, Company shall make available to Executive the benefits to which Executive was entitled under this Section 4, by Notice, provided that benefits paid to Executive under Section 3.6.2 and 3.6.3 shall be offset against benefits otherwise due hereunder. If Executive's options do not as of the date of Notice have at least 30 days remaining in which they can be exercised (or if the options cannot be, or the Board determines it is inadvisable that they be, extended for such a period) then the Board may elect, instead of allowing the acceleration of unvested options otherwise contemplated hereunder, to provide Executive stock whose fair market value is equivalent to the in-the-money value of the unvested options that would accelerate hereunder, measured as of the last reported sale on the NASDAQ system of the Company's common stock on the day of (or if none, prior to the day of) termination.
Company’s Obligation. Subject to the provisions of subparagraph 22(d) hereof, if neither the Dealer nor the Company can arrange with a third party within ninety (90) days after the effective date of such termination or nonrenewal:
(1) In the case of Eligible Facilities which are owned by the Dealer, either a lease for one year commencing within such ninety (90) days at fair rental value or a sale within such ninety (90) days at fair market value; or
(2) In the case of Eligible Facilities which are leased by the Dealer, either an assignment of lease, or a sublease for one year (or for the balance of the term of the Dealer's lease if that is shorter) commencing within such ninety (90) days at the Dealer's rental rate (or, if the facilities are owned by an affiliate of the Dealer at fair rental value, if that is different); the Company shall offer either to make monthly payments to the Dealer, commencing with the ninety-first day, pursuant to subparagraph 22(e) hereof, or to make a lump sum payment to the Dealer pursuant to said subparagraph 22(e), or to accept for itself on the ninety-first day such a lease or sale from the Dealer-owner or such an assignment or sublease from the Dealer-lessee. For the purpose of this subparagraph 22(c), fair market or fair rental value shall mean value based on the use of the facilities in the conduct of DEALERSHIP OPERATIONS. In the event the Dealer and the Company are unable to agree on the fair market or rental value of any Eligible Facilities, such value shall be determined by an independent real estate appraiser selected by the Dealer and the Company.
Company’s Obligation. Nothing herein shall be construed to require Company to utilize Employee’s services hereunder and, in the event that the Company decides not to utilize Employee’s services during any period of the term of this Agreement, Company’s obligation shall be deemed fully satisfied by payment of the salary provided in Section 2(a) during such portion the term.
Company’s Obligation. Executive agrees and acknowledges that the obligations owed to Executive under this Agreement are solely the obligations of the Company, and that none of the Company's stockholders, directors, officers or lenders will have any obligations or liabilities in respect of this Agreement and the subject matter hereof.
Company’s Obligation. In connection with the Company's registration obligations hereunder, the Company shall:
(i) Prepare and file with the Commission such amendments, including post-effective amendments, to the Registration Statement and the prospectus used in connection therewith as may be necessary to keep the registration statement continuously effective as to the applicable Registrable Securities for the Effectiveness Period and prepare and file with the Commission such additional registration statements in order to register for resale under the Securities Act all of the Registrable Securities; (ii) cause any related prospectus to be amended or supplemented by any required prospectus supplement and as so supplemented or amended to be filed pursuant to Rule 424; (iii) respond as promptly as reasonably possible, and in any event within 20 trading days, to any comments received from the Commission with respect to a registration statement or any amendment thereto; and (iv) comply in all material respects with the provisions of the Securities Act and the Securities Exchange Act of 1934 with respect to the disposition of all Registrable Securities covered by the registration statement during the applicable period in accordance with the intended methods of disposition by the Holder set forth in such registration statement as so amended or in such prospectus as so supplemented.
(ii) Notify the Holder (which notice shall be accompanied by an instruction to suspend the use of the prospectus until the requisite changes have been made) as promptly as reasonably possible (u)(A) when a prospectus or any prospectus supplement or post-effective amendment to a registration statement is proposed to be filed; (B) when the Commission notifies the Company whether there will be a "review" of such registration statement and whenever the Commission comments in writing on such registration statement (the Company shall provide true and complete copies thereof and all written responses thereto to the Holder); and (C) with respect to the registration statement or any post-effective amendment, when the same has become effective; (v) of any request by the Commission or any other Federal or state governmental authority for amendments or supplements to the registration statement or prospectus or for additional information; (w) of the issuance by the Commission of any stop order suspending the effectiveness of a registration statement covering any or all of the Registrable Securities or the initiation of ...
Company’s Obligation. Subject to receipt of necessary information in writing from the Purchaser, including without limitation, a Questionnaire (a copy of which is attached hereto as Exhibit A) from the Purchaser, the Company will prepare and file with the SEC, as soon as practicable after the Initial Closing, but in no event later than thirty (30) days from the Initial Closing, the Registration Statement to enable the continuous or delayed resale (pursuant to Rule 415 promulgated under the Securities Act of 1933, as amended (the “Securities Act”)) of the Registrable Securities by the Purchaser from time to time during the Registration Period (defined below). The Company will use its commercially reasonable efforts to cause the Registration Statement to be declared effective by the SEC as soon as practicable after filing. The Company will use its commercially reasonable efforts to prepare and file with the SEC such amendments and supplements to the Registration Statement as may be necessary to keep the Registration Statement current and effective for a period not exceeding the earlier of (a) two years from the date of the last Closing to take place pursuant to the Purchase Agreement, (b) until all Registrable Securities may be sold without volume restrictions pursuant to Rule 144, or (c) the date on which neither the Purchaser nor any permitted assignee or transferee holds any Registrable Securities (the “Registration Period”). Thereafter, the Company shall be entitled to withdraw the Registration Statement and the Purchaser will have no further right to offer or sell any of the Registrable Securities pursuant to the Registration Statement. The parties understand and agree that the offer and sale of Registrable Securities pursuant to the Registration Statement will not be underwritten. The Company may defer for a period of not more than ninety (90) days effecting, or to taking any action to effect, any registration pursuant to this Section 2.1 if the Chief Executive Officer of the Company signs and delivers to the Purchaser a certificate stating that the Board of Directors of the Company in good faith reasonably believes, that proceeding with the registration would be materially detrimental to the Company.