Offers to Other Employees Sample Clauses

Offers to Other Employees. In addition to those individuals listed ------------------------- in Schedule 6.6(a), Purchaser may offer employment on the Closing by --------------- Purchaser or an affiliate of Purchaser to Xxxxx Xxxxxxx ("Xxxxxxx"), chief financial officer of OCI, on the condition that (i) Xxxxxxx shall be allowed to perform consulting services for Xxxxxxx X. Xxxxx and any entities controlled by the Stockholders for twelve months subsequent to Closing provided that such consulting services do not interfere with his employment by Purchaser or an affiliate of Purchaser, and (ii) Xxxxxxx shall waive any claims he may have for severance payments or other benefits on termination of his employment with OCI and any related entities. Should Xxxxxxx accept employment with Purchaser or an affiliate of Purchaser on Closing, the Purchaser or such affiliate may also offer employment to Xxxxx Xxxxxx, Xxxxxxx'x secretary, provided that the Purchaser or such affiliate shall provide her services on a half-time basis to act as secretary for Xxxxxxx X. Xxxxx for twelve months subsequent to Closing or such shorter period as Xxxxxxx X. Xxxxx shall desire her services for a fee of $1,500 per month. Except as provided in Sections 6.6(a) and (b), during the --------------- --- Noncompetition Period as defined in Section 6.13, Purchaser or any ------------ affiliate of Purchaser shall not offer to employ or employ, directly or indirectly, any individual employed on the Closing Date in any capacity by any entity listed in Schedule 3.5 except (i) with the prior written ------------ permission of Xxxxxxx X. Xxxxx or (ii) one year after such individual was last employed by an entity listed in Schedule 3.5. ------------
Sample 1
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Related to Offers to Other Employees

  • Transfers to Affiliates Notwithstanding the provisions of Section 7.1, a Partner may, without the consent of the other Partner, Transfer all or a portion of its Interest to an Affiliate of such Partner, so long as such Affiliate is admitted to the Partnership as a Partner pursuant to Section 7.3, and provided further that such Affiliate is not a Benefit Plan Investor.

  • Offers to Purchase Sections 4.15 and 4.16 of the Indenture provide that, after certain Asset Sales (as defined in the Indenture) and upon the occurrence of a Change of Control (as defined in the Indenture), and subject to further limitations contained therein, the Company will make an offer to purchase certain amounts of the Notes in accordance with the procedures set forth in the Indenture.

  • Relationship to Other Benefits No payment under the Plan shall be taken into account in determining any benefits under any pension, retirement, profit sharing, group insurance or other benefit plan of the Company except as otherwise specifically provided in such other plan.

  • Transfers to QIBs The following provisions shall apply with respect to the registration of any proposed transfer of a Note constituting a Restricted Security to a QIB (excluding transfers to Non-U.S. Persons):

  • Transfers to Non-U.S. Persons The following provisions shall apply with respect to any transfer of a Restricted Security to a Non-U.S. Person under Regulation S:

  • Coordination with Other Benefits The benefits provided for the Executive or the Beneficiary under this Agreement are in addition to any other benefits available to the Executive under any other plan or program for employees of the Employer. This Agreement shall supplement and shall not supersede, modify, or amend any other such plan or program except as may otherwise be expressly provided herein.

  • Amendments and Supplements to Permitted Section 5(d) Communications If at any time following the distribution of any Permitted Section 5(d) Communication, there occurred or occurs an event or development as a result of which such Permitted Section 5(d) Communication included or would include an untrue statement of a material fact or omitted or would omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances existing at that subsequent time, not misleading, the Company will promptly notify the Representatives and will promptly amend or supplement, at its own expense, such Permitted Section 5(d) Communication to eliminate or correct such untrue statement or omission.

  • No Other Benefits Executive understands and acknowledges that the compensation specified in Sections 2 and 3 of this Agreement shall be in lieu of any and all other compensation, benefits and plans.

  • OFFERS TO REPURCHASE (a) Upon the occurrence of a Change of Control Repurchase Event, the Issuers shall make an offer (a “Change of Control Offer”) to each Holder to repurchase all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase price equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest thereon, if any, to the date of purchase (the “Change of Control Payment”). The Change of Control Offer shall be made in accordance with Section 4.14 of the Indenture.

  • Relation to Other Benefits Any economic or other benefit to the Grantee under this Agreement or the Plan shall not be taken into account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Company or any of its Subsidiaries and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Company or any of its Subsidiaries.

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