Officers of the Joint Venture Sample Clauses

Officers of the Joint Venture. The Parties agree to name the following as officers of the Joint Venture when the legal entity is formed: Xxxx X. Xxxxxx President, CEO Xxxxxxx Xxxxxxx Executive Vice President, Secretary Xxxxx Xxxxxx Chief Financial Officer, Treasurer Xxxxx Xxx Vice president Technology Joint Venture Sales Efforts The Parties agree only the Joint Venture shall have the authority to enter into an agreement to provide a BETA or Serial Numbered Unit. Final negotiation of such deals must be left to Managing Directors who agree to review all such deals before finally committing the Joint Venture. The Parties agree that any efforts by the employees of the parent companies will be considered informal and that no agreements reached by them associated with purchase of CAVD Tire Processing Units will be binding to the Joint Venture. The Parties agree that agreements made with funding organizations or individuals, agreements with buyers of CAVD products or any such deal that may impact the ability of the Joint Venture to secure the interests in Tire Process Units it may sell will not be binding on the Joint Venture. EFTI Sublease Assumption after Start-Up The parties agree that the Joint Venture shall “assume” EFTI's sublease at the end of the Joint Venture Technology Refinement Period if the Parties proceed with the Joint Venture. The Parties agree that if a third party agreement is reached that covers substantially all of the operating costs for the period of Alpha operations prior to and through the end of the Technology Refinement period that the Joint Venture will cover the sublease rent for the WESCO facilities as one of the costs to be paid by the third party company.
Sample 1
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Officers of the Joint Venture 
Sample 1

Related to Officers of the Joint Venture

  • Officers of the Company The officers of the Company shall be a chairman and chief executive officer, one or more vice-chairmen, a president, one or more vice-presidents, a treasurer, a secretary, and such other officers as may be elected or appointed from time to time by the Management Committee. Any two or more offices may be held by the same person. Each officer shall hold office until his successor shall have been duly elected or until his death or until he shall resign or shall have been removed by the Management Committee. Election of an officer shall not of itself create contract rights.

  • Officers of the Surviving Corporation The officers of the Company immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation, each to hold office until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

  • Directors and Officers of the Surviving Company From and after the Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable law, the directors and officers of the Merger Company immediately prior to the Effective Time shall be the directors and officers of the Surviving Company.

  • Directors and Officers of the Surviving Corporation The directors and officers of Merger Sub immediately prior to the Effective Time shall serve as the initial directors and officers of the Surviving Corporation, until their respective successors are duly elected or appointed and qualified.

  • Officers of Surviving Corporation The officers of the Company at the Effective Time shall, from and after the Effective Time, be the officers of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Charter and the Surviving By-Laws.

  • Affiliations of Trustees or Officers, Etc The fact that:

  • Directors and Officers of Surviving Corporation The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Corporation. The officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Corporation, each to hold office in accordance with the bylaws of the Surviving Corporation.

  • Officers, Directors and Employees JML has one officer and director, namely Xxxxx Polos, and has no employees.

  • Officers Generally The Company shall have the officers appointed by the Board in accordance with this Agreement. The same individual may simultaneously hold more than one office in the Company. Section 11.10 delegates to the Secretary, if such office be created and filled, the required responsibility of preparing minutes of the Board’s and the Member’s meetings and for authenticating records of the Company. If such office shall not be created and filled, then the Board shall delegate to one of the officers of the Company such responsibility.

  • Officers and Directors of the Surviving Corporation (a) From and after the Effective Time, the directors of Merger Sub at the Effective Time shall be the directors of the Surviving Corporation, each to hold office until their respective successors shall have been duly elected, designated or qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Surviving Corporation.

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