IT IS THEREFORE AGREED AS FOLLOWS. Each of the roommates agrees to follow the rules and conditions set out in the attached lease and in this Roommate Agreement.
IT IS THEREFORE AGREED AS FOLLOWS. The Company will pay to Employee the amount of $250,000.00, as consideration for the Employee remaining employed by the Company or its subsidiaries and continuing his or her duties until the completion of *.
IT IS THEREFORE AGREED AS FOLLOWS. That from and after the date of this agreement, the employees of the Company is St. Louis and St. Louis County shall be classified as follows: Operators in charge, Senior Operators, Junior Operators, Washers and Portors, Warehousemen and Maintenance men. These employees shall be guaranteed the following: MINIMUM WAGES: Operators in charge shall include all present operators now called managers or agents, and they shall receive not less than \ $112.50 per month and in addition $5.00 per month where a second I* full time helper is employed, and ($2.00) per month for every additional full time helper, and ($1.00) per month for every relief or part time helper. Every service station will have at least one man classified as an operator in charge and paid as above. Senior Operators shall include all other service station Xr« employees with over one years experience in stations now operated by the company and they shall receive not less than $107.50 per month. Junior Operators shall include all other service station employees with less than one years experience in stations now operated by the company$ They shall receice not less than $102.50 per month. i Part time Operators shall include all operators who work A\Part Time. The Part Time Operator with more than one years experience in stations now operated by the company, shall receive the same hourly wage rate as a senior operator. The Part Time Operator with less than one years experience in stations now operated by the company, shall receive the same hourly rate as a junior operator. Washers or Porters with more than one years experience in stations now operated by the company shall receive not less than $75.00 per month. Washers or portors with less than one years experience in stations now operated by the company, shall receive not less than $70.00 per month. If the Washers or portors be required to do sales or lubrication work his classification shall be changed to an operator and paid as such. Warehouse Men shall include all persons employed in or $140.00 per month. Warehouse men with more than six months and less than one years experience with the company, shall receive not less than $125.00 per month. Warehousemen with less than six months experience with the company, shall receive not less than $115.00 per month. ■L , Maintenance men shall include all persons who do repair or maintenance work in or about the warehouse or service stations of the company. They shall receive not less than $140.00 per month;...
IT IS THEREFORE AGREED AS FOLLOWS. 1.1 All capitalised words and phrases not specifically defined herein shall be interpreted, unless the context otherwise requires, in accordance with clause 1 of the Acquisition and Framework Agreement.
IT IS THEREFORE AGREED AS FOLLOWS. Section 14 of the Agreement is deleted in its entirety and replaced with the following Section 14:
IT IS THEREFORE AGREED AS FOLLOWS. A. The purchase price for the Demised Premises will be Ten million naira (N10,000,000.00) to be paid by The Purchaser by way of subscription to The Vendor.
B. The Purchaser has paid the sum of Two Million Naira (N2,000,000.00) for the Demised Premises, a receipt of which the Vendor hereby acknowledge.
C. The balance of the purchase price will be paid at (N200,000.00) Two hundred thousand naira per month for (40) forty months.
D. After the payment of the initial deposit, the Purchaser is expected to pay the balance monthly. Nonpayment monthly will be treated as fundamental breach of contract which can result to termination or revocation of contract. The Vendor is not required to put the Purchaser on notice for this purpose.
E. The Vendor hereby covenants to allocate the Demised Premises to the Purchaser, subject to the terms and conditions contained herein.
IT IS THEREFORE AGREED AS FOLLOWS. In furtherance of the Purpose, and subject to availability of funds and resources, the Parties hereby agree to collaborate within the framework of rules and regulations applicable to each of the Parties, and undertake the following responsibilities:
IT IS THEREFORE AGREED AS FOLLOWS. Prior to the Offering, the 34,344 shares of Class B Common Stock held by Consolidated will be exchanged for 34,344 shares of Class A Common Stock.
IT IS THEREFORE AGREED AS FOLLOWS. The Xxxxxxxx County Communications Commission shall continue to operate and provide 911 communication services for Xxxxxxxx County at the Marshalltown Police Department at 00 X Xxxxxx Xxxxxx, Xxxxxxxxxxxx, Xxxx, while that facility is still in use.
IT IS THEREFORE AGREED AS FOLLOWS. The Xxxxxx Community Center is hereby deemed to be a civic center for the purposes of Iowa Code Section 384.12(11);