Key Terms of the Agreement. The amount of your Special Bonus is $600,000, payable as provided below.
Key Terms of the Agreement. Commencement and end date This Agreement will continue for the term, commencing on …(insert date)… and ending on …(insert date)… subject to any earlier termination or extension granted in accordance with this Agreement.
Key Terms of the Agreement. Commencement Date and End Date
Key Terms of the Agreement. The key terms of the Agreement include the following:
Key Terms of the Agreement. It is important that we advise you of some of the key benefits provides for under this Agreement, including:
Key Terms of the Agreement. ELG has agreed to supply IperionX with 12 metric tons of titanium scrap metal generated from the consumer electronics and technology hardware sector. IperionX will warehouse the remaining 11 metric tons of unprocessed titanium scrap, which is intended for future programs following the completion of the two-phase scope of work under the Agreement. Any future programs will be subject to a new agreement. If no future agreement is entered into, IperionX will return the unprocessed titanium scrap to ELG. IperionX will invoice ELG for the work completed, which shall be US$150,000 for the completion of Phase A program and a further US$150,000 upon completion of the Phase B titanium manufacturing program. The Agreement will remain in force until June 30, 2026 unless terminated earlier.
Key Terms of the Agreement. The amount of your Transaction Bonus is $___________, payable as provided below.
Key Terms of the Agreement. The Agreement is between Alara, its wholly owned subsidiary Saudi Investments Pty Ltd (‘SIPL’) and Bayan. To address the potential cancellation of the Khnaiguiyah mining licence and/or inability of Khnaiguiyah Mining Company LLC (‘KMC’) to obtain access to surrounding areas under the existing 1 Refer Alara’s ASX market announcement dated 4 June 2014: “Khnaiguiyah Project Joint Venture Agreement has reached an impasse”. 2 Refer to page three of Alara’s Quarterly Report dated June 2015. Shareholders’ Agreement with Manajem, the parties have agreed (subject to all necessary licensing requirements being satisfied) to jointly develop and exploit mining opportunities at Khnaiguiyah. Under the Agreement, Alara/SIPL is to provide onshore and offshore technical and management services and be responsible for day to day management of the project. Xxxxx will also arrange funding up to and including project finance stage. Xxxxx will be responsible for obtaining and maintaining the mining licence/s and all other permits required for building and operating a mine. In connection with the aforementioned services, Alara and Xxxxx have agreed to share economic interests of the project, 70% in favour of Alara/SIPL and 30% in favour of Bayan. Consideration to Bayan is as follows:
Key Terms of the Agreement. The amount of your Retention Bonus is $ , payable as provided below.
Key Terms of the Agreement. The SPV is an investment holding company which after the completion of the Transactions, will own the Equity Interest and will be wholly-owned by the Vendor. Save for the Equity Interest, the SPV will have no other assets or be engaged in any business activities prior to the completion of the Agreement. The Purchase Consideration of up to S$180,922,063 will be satisfied by the issue of up to 1,945,398,531 new shares in the capital of the Company (“Consideration Shares”) to be issued to the Vendor at an issue price of S$0.093 per Consideration Share (“Issue Price”), being the volume weighted average price of the Company’s shares for the ten (10) consecutive market days immediately preceding the date of execution of the Agreement. The Purchase Consideration will be satisfied by:-
(i) the issue by the Company of 1,750,916,868 Consideration Shares (“First Tranche Shares”) to the Vendor, at the Issue Price; and
(ii) the issue by the Company of up to 194,481,663 Consideration Shares (“Second Tranche Shares”) to the Vendor at the Issue Price, subject to adjustments if the profit guarantee (see paragraph 6 below) is not met. The Purchase Consideration was arrived at on a ‘willing–buyer and willing-seller’ basis, having regard to, inter alia, the following factors:-
(a) Xxxxxxx’s audited net profit after tax of approximately RMB185 million for the twelve months ending 31 March 2007;
(b) Xxxxxxx’s audited net tangible asset value (“NTA”) as at 31 March 2007 of approximately RMB774.5 million, and
(c) the Board’s view as to the future prospects of Xxxxxxx. Save for a special audit that was undertaken by an international firm of auditors appointed by Xxxxxxx for the purposes of the Proposed Acquisition for the period commencing 1 April 2006 and ended on 31 March 2007 (“FP2007”), no independent valuation of Loudong was commissioned by the Company for the purposes of the Proposed Acquisition. As at 31 March 2007, the audited net asset value and net tangible assets of Loudong is RMB809.3 million and RMB774.5 million respectively. The audit report setting out the results of the special audit (the “Audit Report”) will be made available for inspection.
