Limitation on Pay Increases. No employee shall receive more than a fifteen percent (15%) pay increase under Sections 2 and 3 of this Article. The amounts will be added to
Limitation on Pay Increases Sample Clauses
Related to Limitation on Pay Increases
Definitions For purposes of this Agreement:
Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and
NOW THEREFORE the parties hereto agree as follows:
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.
Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.
