Operational Efficiencies. Within the framework provided by the FF Operative Documents, the Parties shall cooperate to ensure that there is no significant adverse effect on [***] as a result of the [***] Party’s exercise of [***]; provided, that the [***] corresponding to the applicable [***] shall not in and of itself constitute [***].
Operational Efficiencies. The Separation and the Distribution will provide us the opportunity to streamline the corporate organization of the entity that holds the LookSmart Business, which we believe will result in significant savings to the Company over the long term. For example, Group is incorporated in Nevada as opposed to Delaware, where LS is incorporated. Under Delaware law, the annual franchise tax is based upon the authorized capital of a company, or alternatively, upon the product of the authorized capital stock of a company and a fraction determined by the relationship between a company’s total assets and the number of authorized shares it has issued. In Nevada, there is no annual franchise tax. Although there are no assurances that we will use the funds that may arise from these tax savings effectively, such savings could also result in an increased trading value of our common stock. LS’ board of directors considered a number of potentially negative factors in evaluating the Merger Agreement and specifically, the Separation and the Distribution, including: · the decreased capital available for investment; · potential disruptions to the businesses as a result of the Separation and the Distribution; · risks of being unable to achieve the benefits expected to be achieved from the Separation and the Distribution; · the reaction of LS’ shareholders to the Separation and the Distribution; · the risk that the Separation, the Distribution and/or merger with Pyxis might not be completed; and · the one-time and ongoing costs of the Separation, the Distribution and/or merger with Pyxis might not be completed. Ultimately, LS’ board of directors concluded that the potential benefits of the Separation and the Distribution outweighed these risks. Neither we nor LS can assure you that, following the Separation and the Distribution, any of the enumerated opportunities or benefits will be realized to the extent anticipated or at all. In recognition of the wide variety of factors considered in connection with the evaluation of the Separation, the Distribution and the complexity of these matters, LS’ board of directors did not find it useful to, and did not attempt to, quantify, rank or otherwise assign relative weights to the factors considered. The individual members of LS’ board of directors may have given different weights to different factors. We expect the Distribution will be effective on the Distribution Date, provided that, among other conditions described in the Assignment and A...
Operational Efficiencies. The Separation and Distribution will provide us the opportunity to streamline the corporate organization of the entity that holds the LookSmart Business, which we believe will result in significant savings to the Company over the long term. For example, Group is incorporated in Nevada as opposed to Delaware, where LS is incorporated. Under Delaware law, the annual franchise tax is based upon the authorized capital of a company, or alternatively, upon the product of the authorized capital stock of a company and a fraction determined by the relationship between a company’s total assets and the number of authorized shares it has issued. In Nevada, there is no annual franchise tax. Although there are no assurances that we will use the funds that may arise from these tax savings effectively, such savings could also result in an increased trading value of our common stock. If you have any questions relating to the Distribution, you should contact VStock Transfer, LLC, our transfer and distribution agent. The contact information for our distribution agent is: VStock Transfer, LLC, 00 Xxxxxxxxx Xxxxx, Xxxxxxxx, XX 00000, telephone: (000) 000-0000. You can also contact us with any questions relating to the transactions described above. We are a Nevada corporation, and our contact information is: LookSmart Group, Inc., 00 Xxxxxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000, Attention: Investor Relations. Our principal phone number at this address is: (000) 000-0000. We maintain an Internet website at xxx.XxxxXxxxx.xxx. The website address has been included only as a textual reference. Our website and the information contained on that website, or connected to that website, are not incorporated by reference into this information statement.
Operational Efficiencies. Within the framework provided by the FF Operative Documents, the Parties shall cooperate to ensure that there is no significant adverse effect on **** as a result of the ****. **** Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Operational Efficiencies. As Contractor and County identify potential areas for operational improvement at a potential cost reduction to the County savings from these programs may be used to fund additional projects to support the County’s long term goals such as the introduction of consumer health care, eligibility audits and other programs which are expected to yield long term savings to the County and provide competitive benefit programs for the County employees.
1. Core Account Team Members Name Classification/Title
Operational Efficiencies. As Contractor and County identify potential areas for operational improvement at a potential cost reduction to the County savings from these programs may be used to fund additional projects to support the County’s long term goals such as the introduction of consumer health care, eligibility audits and other programs which are expected to yield long term savings to the County and provide competitive benefit programs for the County employees. Xxxxx Xxxxxxx Strategic Business Manager: Day to Day operations manager that is in regular contact with the Contractor’s account team and County project manager to proactively communicate and address issues an ensure contract requirements are being met on a daily basis. Manages the priorities, resources, and results of their team to ensure County objectives are met. Manage special and large projects, oversee day to day operations of subcontracted services, communicate changes that may affect both parties and ensure all interested parties are informed.
Operational Efficiencies. The parties agree to establish a joint committee to discuss operational efficiencies. This committee will have an equal number of employees and managers. The purpose of this committee will be to provide a forum for employees to propose operational efficiencies.
Operational Efficiencies. The parties support the introduction of the following operational efficiencies: - Suitably qualified employees to use scoop, and winches, to clear buildups if operators are unavailable, or delayed. - Establishment, in conjunction with the relevant Xxxxxxxxx Power personnel, of a priority permit system when obtaining morning permits. - Training for Electricians on stores ordering systems, so long led items can be delivered before required. - Where operational requirements dictate, Mine Maintenance and System Six employees will jointly support identified work. - Employees to work in mixed crews with all alliance partners where current and future operational requirements dictate.
Operational Efficiencies a. Productivity – Contribute to the NCCMA goal of a 10% productivity improvement
