Common use of Of the Company Clause in Contracts

Of the Company. The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive's full attention and dedication to the Company currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporations. Therefore, in order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 4 contracts

Samples: Executive Employment Agreement (Navidec Inc), Executive Supplemental Employment Agreement (Peach Auto Painting & Collision Inc), Executive Employment Agreement (Navidec Inc)

AutoNDA by SimpleDocs

Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive's ’s full attention and dedication to the Company Group (as defined in Section 1) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporationsaddressed appropriately. Therefore, in order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 4 contracts

Samples: Employment Agreement Agreement (State Street Corp), Employment Agreement Agreement (State Street Corp), Employment Agreement Agreement (State Street Corp)

Of the Company. The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of arising from the personal uncertainties uncertainty and risks created by a pending or threatened Change of Control and Control, to encourage the Executive's full attention and dedication to the Company currently and in the event of any threatened or pending Change of Control, and to provide the Executive with reasonable compensation and benefits benefit arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporationsControl. Therefore, in In order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Procyte Corp /Wa/), Change of Control Agreement (Procyte Corp /Wa/)

Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive's ’s full attention and dedication to the Company Group (as defined in Section 2) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporationsaddressed appropriately. Therefore, in order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 1 contract

Samples: Confidential Employment Agreement Agreement (State Street Corp)

AutoNDA by SimpleDocs

Of the Company. The Board believes it is imperative to diminish the inevitable distraction of the Executive by virtue of arising from the personal uncertainties and risks created by a pending or threatened Change of Control and Control, to encourage the Executive's full attention and dedication to the Company currently and in the event of any threatened or pending Change of Control, and to provide the Executive with reasonable compensation and benefits benefit arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be satisfied and which are competitive with those of other corporationsControl. Therefore, in In order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 1 contract

Samples: Change of Control Agreement (Procyte Corp /Wa/)

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