DEATH OF XXXXXXX Sample Clauses

DEATH OF XXXXXXX. Upon the death of Xxxxxxx, the Company, in consultation with Xxxxxxx’x estate shall determine whether it is tax efficient to liquidate the Company and to distribute the remaining assets of the Company, pro rata, to the Shareholders. In the event it is determined that a liquidation of the Company is in the best interest of the Xxxxxxx Estate then (i) the operating agreement of M&N Group Holdings, LLC shall be amended to contain provisions that are substantially similar to the provisions of this Agreement to effectuate the intent of this Agreement, (ii) the Company shall be liquidated and (iii) the General Limit for such year shall be increased to allow the Shareholders (other than Xxxxxxx) the ability to have redeemed additional Vested Shares to afford such Shareholders the ability to pay all income taxes resulting for the liquidation of the Company.
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DEATH OF XXXXXXX. If Xxxxxxx shall die, and one of the following shall not have occurred within one hundred twenty (120) days following the death of Xxxxxxx: (i) the Estate of Xxxxxxx shall execute and deliver a replacement Guaranty Agreement in favor of Bank in an amount of at least Nine Million Dollars ($9,000,000.00); or (ii) Borrowers shall pledge such additional collateral to Bank as is acceptable to Bank, acting in its sole discretion; or
DEATH OF XXXXXXX. In view of the significance to the Company of the contribution made by Xxxxxxx in the performance of the Services, this Agreement shall terminate upon the death of E. Xxxxx Xxxxxxx ("Xxxxxxx"), the principal of ESB.
DEATH OF XXXXXXX. If Xxxxxxx dies at any time during the term of this ---------------- Agreement, the proxy granted by Xxxxxxx as set forth in Section 2 hereinabove shall remain in full force and effect and the parties inheriting Xxxxxxx'x Shares of Stock shall inherit same subject to such proxy. In addition, Xxxxxxx shall be afforded an option to purchase all or any portion of Xxxxxxx'x Shares of Stock as provided in Section 6 immediately hereinafter. The beneficiaries of Xxxxxxx'x estate shall inherit Xxxxxxx'x Shares of Stock subject to such option rights as well.
DEATH OF XXXXXXX. Pursuant to Section 7.2, the death of the ---------------- XXXXXXX shall cause this AGREEMENT to terminate. In such event the BENEFICIAL OWNER shall appoint a "termination trustee" to perform those services necessary to effectuate the termination of this AGREEMENT.

Related to DEATH OF XXXXXXX

  • SHOP XXXXXXX The Shop Xxxxxxx shall be a County employee as selected by the Union. A list of shop stewards will be kept current and sent by the Union to each department head and to Human Resources. Duties required by the Union of its stewards, except attendance at meetings with the County, supervisory personnel and aggrieved employees arising out of a grievance already initiated by an employee under Article 14 hereof, shall not interfere with their or other employees, regular work assignments as employees of the County. The shop xxxxxxx, or their designee, involved with a particular grievance must be identified at Step 1 of the grievance procedure and will be designated as the only bargaining unit employee who will be able to gather information pertaining to that particular grievance. The Union will make reasonable efforts to control the amount of investigative time spent between the shop xxxxxxx and the aggrieved employee. Meetings scheduled with management and other proper investigative procedures, and attendance at meetings specified in Steps 1 and 2 of the grievance procedure shall be considered hours worked for compensation purposes to the extent such meetings occur during the normal hours of work, and not otherwise. In order to use union leave for this purpose, Shop Stewards must notify the supervisor/department head of meetings and other commitments at the time these are scheduled. Attendance at meetings specified in Step 3 of the grievance procedure shall be considered hours worked during regularly scheduled business hours of the County for the xxxxxxx involved, witnesses and the grievant. The County shall not be liable for any overtime as a result of the meeting. Witnesses and the shop xxxxxxx involved shall be granted leave with pay to the extent their presence at the proceedings is required. If it is a discharge case the grievant shall not be paid except as provided in a remedy awarded.

  • Xx Xxxxxx No waiver or modification of this Agreement or any of its terms is valid or enforceable unless reduced to writing and signed by the party who is alleged to have waived its rights or to have agreed to a modification.

  • XX XXXXXXX XXXXXXX the parties hereof have caused this Agreement to be executed in duplicate on the day and year first above written.

  • Xxxxxx Xxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxx Xxxxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxxx Xxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxx Xxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxx Xxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxx Xxxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Sxxxxxxx-Xxxxx The Company is, or on the Closing Date will be, in material compliance with the provisions of the Sxxxxxxx-Xxxxx Act of 2002, as amended, and the rules and regulations promulgated thereunder and related or similar rules or regulations promulgated by any governmental or self-regulatory entity or agency, that are applicable to it as of the date hereof.

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