Common use of LUNCHEON CLUB Clause in Contracts

LUNCHEON CLUB. Executives may join a luncheon club with the Corporation paying annual dues and assessments. Luncheon club memberships are taken in the Corporation's name so they may be reassigned to other individuals in the event the executive retires or leaves the Corporation.

Appears in 6 contracts

Samples: Executive Employment Contract (Gulf Canada Resources LTD), Executive Employment Contract (Gulf Canada Resources LTD), Executive Employment Contract (Gulf Canada Resources LTD)

AutoNDA by SimpleDocs

LUNCHEON CLUB. Executives may join a luncheon club with the Corporation paying annual dues and assessments. Luncheon club memberships are taken in the Corporation's name so they may be reassigned to other individuals in the event the executive executives retires or leaves the Corporation.

Appears in 3 contracts

Samples: Executive Employment Contract (Gulf Canada Resources LTD), Executive Employment Contract (Gulf Canada Resources LTD), Executive Employment Contract (Gulf Canada Resources LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!