Common use of Compensation and Other Arrangements Clause in Contracts

Compensation and Other Arrangements. The Company hereby agrees that for a period of three years from the Effective Date, all compensation and other arrangements between the Company and its officers, directors and affiliates shall be approved by the Compensation Committee of the Company's Board of Directors, a majority of the members of which shall have no affiliation or other relationship with the Company other than as directors.

Appears in 7 contracts

Samples: Underwriting Agreement (Teardrop Golf Co), Underwriting Agreement (Delicious Brands Inc), Underwriting Agreement (Dental Medical Diagnostic Systems Inc)

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Compensation and Other Arrangements. The Company hereby agrees that for a period of three years from the Effective Date, all the compensation and other arrangements between the Company and its officers, directors and affiliates shall be approved determined by the Compensation Committee a compensation committee of the Company's Board of Directors, a majority of whom are not employed by the members of which shall have no affiliation or other relationship with the Company other than as directorsCompany.

Appears in 2 contracts

Samples: Underwriting Agreement (Compu Dawn Inc), Compu Dawn Inc

Compensation and Other Arrangements. The Company hereby agrees that for a period of three years from the Effective Date, all the compensation and other arrangements between the Company and its executive officers, directors and affiliates shall be approved by the Compensation Committee a compensation committee of the Company's Board of Directors, a majority of whom are not employed by the members of which shall have no affiliation or other relationship with the Company other than as directorsCompany.

Appears in 2 contracts

Samples: Objectsoft Corp, Objectsoft Corp

Compensation and Other Arrangements. The Company hereby agrees that for a period of three years from the Effective Date, all compensation and other arrangements between the Company and its officers, directors and affiliates shall be approved by the Option Plan/Compensation Committee of the Company's Board of Directors, a majority of the members of which shall have no affiliation or other relationship with the Company other than as directors.

Appears in 1 contract

Samples: Underwriting Agreement (Pivot Rules Inc)

Compensation and Other Arrangements. The Company hereby agrees that for a period of three years from the Effective Date, all compensation and other arrangements between the Company and its officers, directors and affiliates shall be approved by the Compensation Committee of the Company's Board of Directors, a majority of the members of which shall have no affiliation or other relationship with the Company other than as directors.

Appears in 1 contract

Samples: Underwriting Agreement (Montana Mills Bread Co Inc)

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Compensation and Other Arrangements. The Company hereby agrees that for ----------------------------------- a period of three years from the Effective Date, all compensation and other arrangements between the Company and its officers, directors and affiliates shall be approved by the Compensation Committee of the Company's Board of Directors, a majority of the members of which shall have no affiliation or other relationship with the Company other than as directors.

Appears in 1 contract

Samples: Underwriting Agreement (Specialty Catalog Corp)

Compensation and Other Arrangements. The Company hereby agrees that that, ----------------------------------- for a period of three years from the Effective Date, all the compensation and other arrangements between the Company and its officers, directors and affiliates shall be approved by the a Compensation Committee of the Company's Board of Directors, a majority of the members of which shall have no affiliation or other relationship with the Company other than as directors.

Appears in 1 contract

Samples: Underwriting Agreement (U S Energy Systems Inc)

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