Mercator Sample Clauses

Mercator shall have the right to terminate the Employee's employment under this Agreement, without Cause, at the discretion of the Board of Directors by Notice of Termination. If such termination occurs, Mercator shall pay or provide the Employee (i) unpaid salary and the monetary equivalent of any accrued but unused vacation days through the Date of Termination, (ii) from the Date of Termination a severance compensation of eighteen (18) months of Base Salary at the rate then in effect payable in accordance with Mercator's standard payroll practices, (iii) a bonus amount equal to her target bonus for the year of termination, pro rated through the Date of Termination, payable within 45 days after the Date of Termination; (iv) a bonus equal to one hundred and fifty percent (150%) of her annual target bonus, payable during the eighteen (18) month period referred to in paragraph 6.4(ii) at the same time as the severance compensation paid in paragraph 6.4(ii); (v) eighteen (18) months of continuance of the eligible benefits set forth in paragraph 3.1 and (vi) any additional amounts due hereunder or under any benefit plan, program or arrangement of Mercator. Nothwithstanding any provision in any option agreement or plan to the contrary, in the past or in the future, upon any such termination all of the Employee's Mercator stock options will immediately vest and shall remain exercisable for the remainder of their originally stated terms.
Sample 1
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Mercator shall have the right to terminate the Employee's employment under this Agreement, without Cause, at the discretion of the Board of Directors by Notice of Termination. If such termination occurs, Mercator shall pay or provide the Employee (i) unpaid salary through the Date of Termination, (ii) from the Date of Termination a severance compensation of twelve (12) months of salary at the rate then in effect payable in accordance with Mercator's standard payroll practices, (iii) twelve (12) months of continuance of the eligible benefits set forth in Paragraph 3.1 and (iv) any additional amounts due hereunder or under any benefit plan, program or arrangement of Mercator. Notwithstanding any provision in any option agreement or plan to the contrary, in the past or in the future, upon any such termination all of the Employee's Mercator stock options will immediately vest and shall remain exercisable for the remainder of their originally stated terms.
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Mercator. (EXHIBIT E-2) 48 Pakistan
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Mercator shall have the right to terminate the Employee's employment under this Agreement, without Cause, at the discretion of the Board of Directors by Notice of
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Mercator. Visual Basic 6 Microsoft -------------------------------------------------------------------------------- Batch Job Server 2.1 Camellia Software -------------------------------------------------------------------------------- Crystal Reports 6 Seagate -------------------------------------------------------------------------------- Data Junction 6 Datajunction -------------------------------------------------------------------------------- Excel 97 Microsoft -------------------------------------------------------------------------------- Access 97 Microsoft -------------------------------------------------------------------------------- Mercator 1.3e Mercator -------------------------------------------------------------------------------- SpecBuilder 3.2 Edifecs Commerce -------------------------------------------------------------------------------- Visual Foxpro 6 Microsoft --------------------------------------------------------------------------------
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Mercator directly or indirectly, beneficially owns all, or substantially all, of the issued and outstanding shares and other ownership interests of each of the Mercator Subsidiaries;
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Mercator shall have the right to terminate the Employee's employment under this Agreement, without Cause, at the discretion of the Board of Directors by Notice of Termination. If such termination occurs, Mercator shall pay or provide the Employee (i) unpaid salary and the monetary equivalent of any accrued but unused vacation days through the Date of Termination, (ii) from the Date of Termination a severance compensation of twelve (12) months of Base Salary at the rate then in effect payable in accordance with Mercator's standard payroll practices, (iii) a bonus amount equal to his target bonus for the year of termination, pro rated through the Date of Termination, payable within 45 days alter the Date of Termination; and any additional amounts due hereunder or under any benefit plan, program or arrangement of Mercator. Notwithstanding any provision in any option agreement or plan to the contrary, in the past or in the future, upon any such termination all of the Employee's Mercator stock options will immediately vest and shall remain exercisable for the remainder of their originally stated terms.
Sample 1
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Related to Mercator

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  • HORIZONR Gateway HORIZONR Gateway provides customers with the ability to (i) generate reports using information maintained on the Multicurrency HORIZONR Accounting System which may be viewed or printed at the customer’s location; (ii) extract and download data from the Multicurrency HORIZONR Accounting System; and (iii) access previous day and historical data. The following information which may be accessed for these purposes: 1) holdings; 2) holdings pricing; 3) transactions, 4) open trades; 5) income; 6) general ledger and 7) cash.

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  • Information Services The Custodian may rely upon information received from issuers of Securities or agents of such issuers, information received from Subcustodians or depositories, information from data reporting services that provide detail on corporate actions and other securities information, and other commercially reasonable industry sources; and, provided the Custodian has acted in accordance with the standard of care set forth in Section 6 (a), the Custodian shall have no liability as a result of relying upon such information sources, including but not limited to errors in any such information.

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