Paragraph 5A Sample Clauses

Paragraph 5A. Paragraph 5A of the Note Agreement is amended in its entirety to read as follows:
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Paragraph 5A. The following language from Paragraph 5(a) of the Agreement is hereby deleted from the Agreement: “Employee may opt, at Employee’s sole discretion, to receive a portion of his salary in the form of common stock, in lieu of cash, at a value determined by the Board of Directors in their reasonable discretion, provided the Company has common stock available to be issued to Employee and has a plan in place for such issuances and is otherwise able to issue stock to Employee at that time. In the event Employee opts to receive a portion of his salary in the form of common stock and the Company is not able to issue common stock to Employee, whether due to the absence of available common stock or otherwise, Employee may defer that portion of his salary until such time as the Company is able to issue common stock to Employee, provided that if the Company is unable to issue common stock to Employee within one year of the Employee’s election to defer his salary, then the Company shall pay the Employee the deferred amount in cash on a date that is one year from Employee’s election to defer.” In addition: the language “and equity compensation” is hereby deleted from the heading of Paragraph 5(a), which previously read “Annual Salary and equity compensation.” Paragraph 5(a) of the Agreement now reads as follows:
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Paragraph 5A. The penultimate sentence of the penultimate paragraph of paragraph 5A is hereby amended by deleting the words “clause (ii)” occurring therein and replacing such words in their entirety with the words “clause (iii)”.
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Paragraph 5A. Paragraph 5A is hereby amended by inserting the following new clause “(i)” and punctuation, renumbering existing clauses “(i)” through “(xiv)” as clauses “(ii)” through “(xv)”, respectively.
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Paragraph 5A. Paragraph 5A of the Agreement is amended by replacing clause (ii) of such Paragraph with the following:
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Paragraph 5A. Paragraph 5A(1) is amended in its entirety to read as follows:
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Paragraph 5A. Paragraph 5A(iii) of the Agreement is amended by inserting “6A(6),” after the reference to “6A(5)”.
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Paragraph 5A 
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Related to Paragraph 5A

  • Paragraph 1st If, after the procedure foreseen in this clause, Anatel considers inconvenient or unfeasible the implementation of the specific universalization goal by means of the Concessionaire, it will hire the responsibility from another, doing it by means of specific grants and delimiting the service, complying with the economic parameters obtained in the procedure foreseen in this clause.

  • PARAGRAPH TWO The amount determined in accordance with the provisions of item I, clause “b” or item II shall be payable quarterly, on the fifteenth (15th) day of February, May, August, and November of each year, during the period between November 15, 2014 and February 15, 2017, and monthly, beginning on and including March 15, 2017, together with the principal amount repayment installments, and at the maturity or settlement of this Agreement, subject to the provisions of Section Eighteen. FIVE

  • Paragraph 3rd It is up to Anatel to assure the protection of the economic situation of the Concessionaire, as per terms of Chapter XIII of this Contract.

  • Paragraph 2nd The changes mentioned in the present clause do not exclude the possibility of revision, at any time, of the present Contract as a result of the supervenience of relevant fact, at Anatel’s criterion.

  • Section 4 04 Distribution of Reports to the Trustee and the Company; Advances by the Master Servicer.......................................................65 Section 4.05 Allocation of Realized Losses.........................................66 Section 4.06 Reports of Foreclosures and Abandonment of Mortgaged Property.........66 Section 4.07 Optional Purchase of Defaulted Mortgage Loans.........................67 Section 4.08 Surety Bond...........................................................67

  • Section 6 03. Limitation on Liability of the Depositor, the Seller, the Master Servicer and Others......................................................................................1 SECTION 6.04. Limitation on Resignation of Master Servicer................................................2

  • Section 7 11(a) of the Credit Agreement is hereby amended to read as follows:

  • Paragraph 1 of the Agreement with respect to the Term is hereby amended by extending the Term to expire on December 15, 2003.

  • Section 3 Trustee's Good Faith Action, Expert Advice, No Bond or Surety................................... 15 Section 4. Insurance..................................................... 15

  • Subparagraph (a) of this Paragraph 15 shall not preclude a party from assigning, charging or otherwise dealing with all or any part of its interest in any sum payable to it under Paragraph 11 hereof.

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