If Xx. Xxxxx does not comply with the provisions of this agreement, this matter may be reopened by the Board and the Board may take such actions as it deems appropriate. /s/ Xxxx Xxxxx Dated: 4/11/2017 Xxxx Xxxxx, Lobbyist /s/ Xxxxxx Xxxxx Dated: 4/5/2017 Xxxxxx X. Xxxxx, Chair
If Xx. Xxx remains in the RTP at the conclusion of the tenth school month, the Board of Education will place her immediately in the Cadre Pool at the rate of pay set forth in Salary Schedule A1J.i. of the 2012-2015 collective bargaining agreement between the Chicago Teachers Union and the Board of Education, unless and until it is superseded by a subsequent collective bargaining agreement, at which point Xx. Xxx will receive the salary and benefits afforded to Cadre Pool teachers under that subsequent agreement. The Board of Education anticipates that at that time, absences to be filled with Cadre teachers by the Board of Education’s Talent Office will be made through an electronic system on a first- come, first-served basis. However, if no such electronic system is in place at the time Xx. Xxx enters the Cadre Pool, the Board of Education will ensure that Xx. Xxx is given first priority for assignments within Networks one (1), two (2), and four (4) in the northwest region of Chicago of which the Board of Education’s Talent Office is made aware. The Board of Education guarantees Xx. Xxx the position and pay described in this Paragraph for ten (10) school months, and guarantees Xx. Xxx will receive benefits associated with the position for one calendar year. Except as specified in this Paragraph, all other matters regarding Xx. Xxx’x employment in the Cadre, including pay and benefits, shall be governed by the collective bargaining agreement in effect at the time. If no such agreement is in effect at the time that Xx. Xxx serves in the Cadre, she shall be subject to the same rules, procedures, policies, and guidelines applicable to all other Cadre teachers, unless otherwise specified in this Paragraph.
If Xx. Xxx remains in the Cadre at the conclusion of the tenth school month then the Board of Education will place her immediately in the day to day substitute teacher pool. Except as specified in this Paragraph, all other matters regarding Xx. Xxx’x employment in the day to day substitute teacher pool, including pay and benefits, shall be governed by the collective bargaining agreement in effect at the time. If no such agreement is in effect at the time that Xx. Xxx serves in the day to day substitute teacher pool, she shall be subject to the same rules, procedures, policies, and guidelines applicable to all other day to day substitute teachers, unless otherwise specified in this Paragraph.
If Xx. Xxxxxxx conceives and reduces to practice after the Contract Research Period an invention within the Xxxxx, Xx. Xxxxxxx shall notify Pegas in writing. Following such notice:
If Xx. Xxxx'x employment is terminated by reason of Xx. Xxxx'x Disability as defined in section 11(c) during the Employment Period, this Agreement shall terminate without further obligations to Xx. Xxxx, other than for payment of the amounts and provision of the benefits under sections 9(b) (i), (ii) and (iii) including the extension of health, hospitalization and dental benefits to spouses, eligible dependents as well as the survivor, providing the eligibility rules are met in accordance with the Bank's Employee Handbook, Revised Edition January 1, 1997, page 7; provided, however, that in the event of Xx. Xxxx'x Disability during the Employment Period, the Bank will pay to her a lump sum amount equal to two times her then current salary under section 4 of this Agreement.
If Xx. Xxxxxx shall die during the term of this Agreement, this Agreement shall terminate as of the last day of the month of Xx. Xxxxxx’x death except as set forth in subsection (b) of this Section 10.
If Xx. Xxxxxx-XxXxxxx fails to comply with any of the terms of this Reentry Agreement, that failure shall constitute unprofessional conduct within the meaning of N.C. Gen. Stat. § 90- 14(a)(6) and shall be grounds, after any required notice and hearing, for the Board to annul, revoke, suspend or limit her license or to deny any application she might then have pending or might make in the future for a license.
If Xx. Xxxx elects to participate in this retirement incentive, an Employer Non-Elective Contribution into a school district established Internal Revenue Service Section 403(b) tax- sheltered annuity plan for the benefit of eligible employees as defined in the Administrators Collective Bargaining Agreement with the District, by which the District will contribute an amount calculated to be Xx. Xxxx’x accumulated unused sick leave or retirement incentive.
If Xx. Xxxxxx’x new place of employment hires anyone, within 12 months from the commencement of Xx. Xxxxxx’x employment, from the home office of the Company, Xx. Xxxxxx will provide to the Company upon request, a notarized sworn statement detailing any involvement and communications she had with 1) the employee regarding the Company and Xxxxxx’x new employer; and 2) her new employer concerning the Company’s employee. This statement shall be provided within ten (10) days of the receipt of the request by Xx. Xxxxxx by certified mail from the Company. The statement shall provide the content of the communications, date of such communications, all persons present, and identify the form of media of such communications. Xx. Xxxxxx’x failure to provide such a statement, or any hiring of any home office employee of the Company with whom Xxxxxx has communicated (directly or through another individual), will be considered a material breach of this Amendment and the Separation Agreement, the remedy for which shall be the forfeiture of all severance payments made to Xx. Xxxxxx, including all severance payments already paid to Xxxxxx under §§ 2 and 3 of the Separation Agreement.
If Xx. Xxxx and Xx. Xx have not completed the registration of industrial and commercial changes within 10 Business Days from the date of payment of the entire capital contribution made by the Company, the Company shall have the right to terminate the Capital Increase Agreement, in which case Xx. Xxxx and Xx. Xx shall be responsible for returning to the Company all the funds paid by the Company together with interest (calculated based on the lending interest rate as published by the bank prevailing over the same period and same type) and shall be jointly and severally liable for such obligation of repayment; and Capital contribution after Completion and operation of the Target Company The Parties have agreed that the Company and Xx. Xxxx will provide borrowings in a total amount of RMB20,000,000 to the Target Company as liquidity after Completion, of which the Company will provide borrowing amounting to RMB6,800,000 and Xx. Xxxx will provide borrowing amounting to RMB13,200,000. The Target Company, the Company and Xx. Xxxx will enter into separate agreements in relation to the borrowing obligations after Completion. The Company has agreed that the Target Company will continue to retain its existing management, technical officers and general employees. The Capital Increase will be used for the overall development of the Target Company. The proceeds from the Capital Increase will be invested in the development and comprehensive growth of the business of the Target Company in accordance with the future business development requirements of the Target Company. The specific authority to use the Target Company’s capital shall be delegated by the shareholders’ general meeting of the Target Company after the registration of the industrial and commercial changes to the board of directors or by the board of directors to the management who will proceed in accordance with the articles of association and other relevant policies. Income Guarantee and Equity Transfer The Company agrees that the Target Company continues to employ its existing management, technical officers and general employees. Upon Completion, the Target Company is required to guarantee that its subsequent annual (i) operating revenue after tax will not be less than the amount as audited in the previous accounting year and (ii) the return on net assets (i.e. net profit/net assets) will not be less than 12%. Where the results of the Target Company fail to meet the above criteria, the Company shall be entitled to ...
