Mutual Promises. The Company undertakes the obligations contained in the Employment Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other employment benefits.
Mutual Promises. The Company undertakes the obligations contained in the Severance Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee's promises and obligations contained herein. The Company's obligations are undertaken in lieu of any other severance benefits.
Mutual Promises. No property interest created: Parent and Student acknowledge that because the Student is not a resident of LA XXXXX INDEPENDENT SCHOOL DISTRICT, any right of the Student to become or remain enrolled or to receive any educational services is based on this Agreement rather than on residence or on state eligibility criteria or any federal or state property interest. This Agreement does not create any property interest in favor of the student in becoming or remaining enrolled in any District school. This Agreement does not create any enforceable interest beyond its termination or revocation.
Mutual Promises. No property interest. Parent and Student acknowledge that because the Student is not a resident of BISD, any right of the Student to become or remain enrolled or to receive any educational services is based on this agreement and not on residence, state eligibility criteria, or entitlement provided by law. This agreement does not create any property interest in favor of the Student to become or remain enrolled in the BISD.
Mutual Promises. The Company undertakes the compensation and benefit obligations contained in Sections 7(b) and 9(a) of the Employment Agreement, which are in addition to any compensation to which Employee might otherwise be entitled, in exchange for Employee’s promises and obligations contained herein. The Company’s obligations are undertaken in lieu of any other compensation or employment benefits, and Employee acknowledges and agrees that, except as set forth in this Section 3, all of Employee’s outstanding and unvested restricted stock unit, performance unit and performance cash awards shall terminate as of the Retirement Date.
Mutual Promises. Each Party agrees:
(a) to diligently conduct its part of the Activities and observe and perform its respective obligations and commitments set out in this agreement and the Constitution;
(b) to carry out its part of the Activities to a reasonable standard, and in doing so, actively promote both the Centre Objectives and the CRC Program Objective and raise the profile of the CRC Program;
(c) to provide its Contributions to the Centre in accordance with the terms of this agreement and Project Details to which it is a party (including Third Party Project Agreements);
(d) to apply the Centre Funds and Centre Resources only for the purpose of carrying out the Activities in accordance with this agreement and Project Details to which it is a party (including Third Party Project Agreements);
(e) not unreasonably delay any action, approval, direction, determination or decision which is required of it in relation to the Centre;
(f) use reasonable efforts to ensure that its directors, officers, employees, agents, contractors, students and other representatives involved in any way with the Centre give full force and effect to the provisions of this agreement including the other provisions of this clause 6;
(g) that all Activities will be carried out by or through the Company; and
(h) to act reasonably and in good faith in performing its obligations under this agreement.
Mutual Promises. The Company undertakes the obligations contained in the Early Retirement Agreement in exchange for Employee's promises and obligations contained herein. The Company's obligations are undertaken in lieu of any other severance benefits, including, but not limited to, the benefits provided under the Severance Agreement executed by the parties on July 27, 1998.
Mutual Promises. In exchange for the promises which EMPLOYEE makes in this Agreement below, EMPLOYER agrees to provide to EMPLOYEE the additional benefits which are described below. In exchange for the promises which EMPLOYER makes in this Agreement, EMPLOYEE agrees to certain confidentiality and post-employment obligations to EMPLOYER. These obligations are explained below.
Mutual Promises. (a) Landlord and Tenant, for themselves and their respective heirs, assignees, subrogees, successors and assigns, each hereby waive the right of recovery against the other, and the other's directors, officers, employees and business guests, and their respective heirs, administrators, executors, successors and assigns, for such loss or damage to the Premises and to any personal property situated thereon as is caused by fire or by those casualties which are described in the extended coverage provisions of the insurance contracts, as the case may be, or in the absence of such provisions in said contracts, by those casualties which commonly are described in the extended coverage provisions of insurance carried by the party, to the extent such loss or damage is covered by such party's insurance. Landlord and Tenant hereby agree that all insurance policies which each of them shall carry to insure the leased Premises and the contents therein against casualty loss, damage or theft, and all liability policies which each of them may carry pertaining to the use and occupancy of the leased Premises, shall contain waivers of the right of subrogation against the other and their respective heirs, administrators, successors and assigns, to the extent permitted by their insurance carriers.
(b) Landlord and Tenant each agree to obtain and maintain standard, all-risk comprehensive fire and extended coverage casualty loss insurance and liability insurance, as each deems reasonable and adequate, for their respective protection. Tenant shall be named as an additional insured under Landlord's property and liability policies, and Landlord shall provide Tenant with a certificate of insurance upon Tenant's request.
(c) Tenant shall be responsible for and shall indemnify and hold harmless Landlord, its officers, directors, employees, and/or agents from all liability arising out of or resulting from the negligent or wrongful acts or omissions of Tenant, its officers, directors and employees. Landlord shall be responsible for and shall indemnify and hold harmless Tenant, its officers, directors and employees from all liability arising out of or resulting from the negligent or wrongful acts or omissions of Landlord, its officers, directors and employees.
Mutual Promises. Each Party must:
(a) diligently conduct its part of the Activities and observe and perform its respective obligations and commitments set out in this Agreement;
(b) carry out its part of the Activities to a high standard, and in doing so, actively promote the IMOS Objectives;
(c) provide its Contributions to IMOS in accordance with this Agreement and Project Agreements to which it is a party;
(d) apply IMOS Funds and IMOS Resources only for the purpose of carrying out the Activities in accordance with this Agreement and Project Agreements to which it is a party;
(e) not unreasonably delay any action, approval, direction, determination or decision required of it in relation to IMOS;
(f) use reasonable efforts to ensure that its directors, officers, employees, agents, contractors, students and other representatives involved with IMOS give full force and effect to this Agreement;
(g) act reasonably and in good faith in performing its obligations for IMOS under this Agreement.
