Employees and Officers. The Trustee shall not be liable for any error of judgement made in good faith by responsible officer(s) or employee(s) of the Trustee, unless the Trustee fails to show the degree of care and diligence required of it as a trustee.
Employees and Officers. Xxxx shall take reasonable steps to ensure that, during the One Year Lock-Up Period, employees and officers of either Xxxx or its affiliates (other than employees who hold, in the aggregate, less than 50,000 shares Common Stock, after giving effect to the Post-IPO Reorganization) may not, without the prior written consent of the Company, directly or indirectly: (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant for the sale of, or otherwise dispose of or transfer any of the equity in the Company or the Operating Partnership held at the Closing Date, received in connection with the Offering or received from Xxxx pursuant to Section 3, or (ii) enter into any swap or any other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of the Securities, whether any such swap or transaction is to be settled by delivery of Common Stock or other securities of the Company or the Operating Partnership, in cash or otherwise, other than transfers upon death or incapacity of the employee or officer or transfers for estate planning purposes to trusts or other vehicles, as long as, in each case, the transferee agrees to the One Year Lock-Up Period.
Employees and Officers. The Partnership shall have such agents and employees as the General Partner may deem appropriate and such employees may be designated by the General Partner as officers of the Partnership. Any management employee or any officer of the Partnership may be and remain an employee of the General Partner or an Affiliate of the General Partner. In such event, the General Partner or its Affiliate shall be responsible for all compensation and benefits ("EMPLOYEE COSTS") of such employee or officer, except that the Partnership shall reimburse the General Partner or its Affiliate a percentage of such Employee Costs determined by the General Partner in good faith. Such percentage is intended to represent the estimated percentage of the applicable employees' time which is devoted to services for the Partnership. The General Partner may fill any employee or officer vacancy or remove any employees or officers of the Partnership with or without cause.
Employees and Officers. I understand that compliance with this Code is a condition of my continued employment. I further understand that violation of the Code of Conduct and Ethics may result in disciplinary action up to and including termination. Initials: ____
Employees and Officers. 10 9.5 Authority of the General Partner.........................................................................10
Employees and Officers of First Affirmative agree that in keeping with this code of ethics they will not take inappropriate advantage of their positions.
Employees and Officers. Annex 4.15 sets forth for the Company and the Subsidiary a complete and accurate ---------- list of all the employees and officers, together with their name, year of birth, position, salary and other remuneration and advantages, as well as their year of entry in the Company or the Subsidiary. Neither the Company nor the Subsidiary has granted or promised to grant any increase in salary or any additional advantage to any of said employees or officers, in connection with what is set forth in Annex 4.15. ---------- Neither the Company nor the Subsidiary has issued any stock option plan for the benefit of its employees or legal representatives. Neither the Company nor the Subsidiary has any outstanding obligation to any employee or officer for a termination of any contract or service or for a severance pay or for severance pay in the event of a dismissal without cause or for non-compliance with an obligation to reinstate an employee. The Company and the Subsidiary have complied with all instructions and obligations imposed by the competent labour and social security authorities and with all other applicable regulations governing employment agreements, including health and safety regulations. The regulations governing workers' councils, personnel representatives and similar organisations have been complied with. No current employment agreement or contract with a legal representative provides for "abnormal" provisions such as severance pay exceeding importantly that provided for in the collective bargaining agreement or the applicable regulations, or grants exceptional specific advantages to the beneficiary including specific social advantages. At the date hereof there are no strikes, nor any conflict or labour unrest within the Company or the Subsidiary and no prior notice or threat or warning or such has been notified to the Company or the Subsidiary. Neither the Company nor the Subsidiary book any reserves in their accounts for the pension indemnity of its employees. No warranty shall be due on this matter by the Seller to the Buyer. At the date hereof, and except for the resignation planned as under section 2.2a).5 and 6 hereabove, no senior personnel (cadres) or legal representative has resigned or been dismissed or revoked of his functions within the Company or the Subsidiary nor has made known his intention to resign. Annex 4.15 sets forth a complete true and accurate description of the number ---------- type and remuneration of the consultants and agents...
Employees and Officers. Schedule 4.26 contains a complete and correct list of the names, current compensation rates and other compensation and amount of accrued sick time and vacation time of all individuals presently employed by Seller and the names and titles of the officers of Seller. To Seller’s Knowledge, no key management employee of Seller intends or has discussed or threatened to leave his or her employment or engagement with Seller, due to the Transaction or otherwise. Except as set forth on Schedule 4.26, Seller has not received any notice of any claims regarding any violations by Seller of any minimum wage and overtime requirements with respect to its employees, including, but not limited to, the Fair Labor Standards Act and compliance with standards for exempt and non-exempt employees.
Employees and Officers. This waiver applies only to Sections 6.2(a)(i) and 6.16(a) of the Credit Agreement to the extent referenced herein and does not otherwise modify or waive any other covenant or agreement contained in the Credit Agreement.
Employees and Officers. As of the date hereof, GLBR’s officers are as follows: (1) Xxx Xxxxxxxx, Chief Executive Officer; (2) Xxxxxx Xxxxx, Chief Financial Officer; (3) Xxxxxxxx Xxxxxxxx, Chief Accounting Officer; (4) Xxxxx Xxxxxx, Chief Operating Officer; and (5) Xxxxx Xxxxxxx, Secretary and General Counsel. As of December 31, 2016, the FXCM Entities had a total of 787 full-time employees and 72 full-time contractors, 488 of which were based in the U.S. It is anticipated that, as of the Effective Date, all of the officers of GLBR will resign with the exception of Xx. Xxxxxxxx, GLBR’s Chief Executive Officer, who at such time will continue to be GLBR’s only employee.
