Employment of Xxxxxx Xxxxxx Sample Clauses

Employment of Xxxxxx Xxxxxx. CDBeat shall have entered into an Employment Agreement with Xxxxxx Xxxxxx, effective as of the Closing Date, in form and substance reasonably satisfactory to him under which (i) Xx. Xxxxxx will serve as the Chairman, President and Chief Executive Officer of CDBeat, (ii) he will receive an initial base annual salary of $200,000 subject to such increases or bonuses as the new Board of Directors of CDBeat shall authorize; (iii) he will receive such other benefits and prerequisites as shall be consistent with his positions, (iv) he will receive options to purchase, for such consideration as may be agreed upon by him and by the new Board of Directors of CDBeat, 1,955,750 shares of CDBeat Common Stock (out of 2, 932,159 stock options to be reserved for management of CDBeat), of which one-third of such options will vest upon the signing of the Employment Agreement and one-third will vest after each anniversary thereof; (v) all unvested options will immediately vest upon a change of control of CDBeat; (vi) upon a change of control, Xx. Xxxxxx will have the right to resign and (vii) if Xx. Xxxxxx resigns upon a change of control or he is removed without cause he will receive a severance benefit equal to the greater of (A) the unexpired term of the Employment Agreement or (B) twice his then annual salary plus the immediate vesting of all unvested options.
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Employment of Xxxxxx Xxxxxx. (a) THP intends to retain the services of Xxxxxx Xxxxxx (“RB”), who has been an employee of SMC as of the Effective Date and will remain a part-time employee of SMC for a transitional period following the Effective Date. In the course of his SMC employment, RB has obtained SMC trade secrets and know-how pertaining to non-transgenic rabbit antibodies (“Rabbit Antibody Technology”). SMC agrees that RB, as an employee of THP, may disclose to THP such SMC trade secrets and know-how as he may recollect and which pertain to the Rabbit Antibody Technology in accordance with Section 13.4(a) of this Hematology Alliance Agreement, provided that he does not provide to THP any SMC biological or chemical materials, or any paper, electronic or other copies of information pertaining to the Rabbit Antibody Technology, without the prior written consent of an officer of SMC. Furthermore, such SMC trade secrets and know-how disclosed to THP may consist solely of technical information and may not consist of SMC business information, including, without limitation, SMC’s strategies, plans, costs, profits, personnel, vendor information, or sales or marketing information. Any SMC trade secrets and know-how disclosed to THP by RB will be maintained by THP as SMC Confidential Information in accordance with Article 13 of this hTG Collaboration Agreement.
Employment of Xxxxxx Xxxxxx. Within five (5) business days after the Closing Date, Buyer shall cause the Surviving Corporation to execute an employment agreement with Xxxxxx Xxxxxx.

Related to Employment of Xxxxxx Xxxxxx

  • Hart-Xxxxx-Xxxxxx Xxe provisions of the Hart-Xxxxx-Xxxxxx Xxx are not applicable to the transactions contemplated hereby and neither the Corporation nor Seller is required to make any filings or submissions to obtain any approvals thereunder in connection herewith.

  • Compensation of Xxxxx Xxxxx For the services, payments and facilities to be furnished hereunder by Xxxxx Xxxxx, Xxxxx Xxxxx shall be entitled to receive from the Trust the compensation described on Appendix A hereto.

  • Xxxxxxx Xxxxxxx Policy The terms of the Partnership’s xxxxxxx xxxxxxx policy with respect to Units are incorporated herein by reference.

  • XX XXXXXXX XXXXXXX xxx undersigned, being the sole trustee of the Trust, has executed this Certificate of Trust as of the date first above written. Wilmington Trust Company, not in its individual capacity but solely as owner trustee under a Trust Agreement dated as of February 13, 2002 By:_____________________________________ Name: Title: EXHIBIT C [FORM OF RULE 144A INVESTMENT REPRESENTATION] Description of Rule 144A Securities, including numbers: -------------------------------------------------------------- -------------------------------------------------------------- -------------------------------------------------------------- -------------------------------------------------------------- The undersigned seller, as registered holder (the "Seller"), intends to transfer the Rule 144A Securities described above to the undersigned buyer (the "Buyer").

  • 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.

  • Xxxxxx Xxxxxxx Copies of any notice given to the Company or the Selling Stockholder shall be given to Xxxxxx & Xxxxxxx LLP at 000 Xxxxxxxx Xxxxxx, XX, Xxxxx 0000, Xxxxxxxxxx, Xxxxxxxx of Columbia, (fax: (000) 000-0000); Attention: Xxxxxxx X. Xxxxxxx.

  • Xxxxx Xxxxxxxx The principal office may hereafter from time to time be moved to such other place in the United States of America as may be designated by the Sole Member and Managing Member, as hereinafter defined, with written notice to all Members. The books and records of the Company shall be maintained at the Company's principal place of business, or such other location in the United States of America as determined by the Sole Member and Managing Member with written notice to all Members.

  • Xxxxxxxx-Xxxxx The Company is in compliance, in all material respects, with all applicable provisions of the Xxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated thereunder.

  • Xxxxxxx Xxxxxx LIMITED (a company registered in England and Wales with registered number 2104188), whose registered office is at 00 Xxx Xxxxxx, London EC4M 7EN (“Xxxxxxx Xxxxxx”);

  • Xxxxxx Xxxxxx The term "

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