Participation in Other Entities Sample Clauses

Participation in Other Entities. In the event that North Star, EMEX or the Other Entities, or any of them, acquire an equity interest in any entity other than North Star that holds or proposes to hold any mineral rights in the State of Alaska (or any entity that holds such rights) North Star or EMEX or the Other Entities, as the case may be, shall offer to Doyon the right to acquire, on the same terms and for the xxxx acquisition cost, that portion of North Star's, EMEX's or the Other Entities' equity interest in the entity equal to the percentage interest of Doyon in the combined equity interest of Doyon and EMEX ix Xxxth Star. The provisions of this paragraph 4 shall not apply to acquisitions by North Star, EMEX or the Other Entities of (a) less than 1% of the equity in any publicly traded company, or (b) an equity interest in those companies holding the mineral rights listed on Schedule 1 attached hereto, unless any such company increases its interest in mineral rights in the State of Alaska after May 27, 1997. The parties recognize that pursuant to Section 3 of that certain Equity Participation Agreement dated May 27, 1997 among the parties hereto (the "Original Participation Agreement") the Other Investors or EMEX have heretofore granted equity interest to Doyon in the following entities in the following percentaxxx: Entity Doyon Shares % Ownership ------ ------------ ----------- North Star Exploration, Inc. 2,000,000 10% Zeus Consolidated 2,500 10% Holdings, Inc. Platinum Palladium 2,000,000 10% Holdings, Inc. Northway Holdings 200 10% Corporation Alaska Energy Fuels, Inc. 2,000,000 10% The parties intend that if pursuant to the Original Participation Agreement the Other Investors or EMEX fail to grant equity interests to Doyon in entities created by either EMEX or the Other Investors in accordance with the terms of the Original Participation Agreement, then EMEX shall promptly cause said grant to be made to Doyon and certificates evidencing the grant delivered to Doyon.
Sample 1
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Related to Participation in Other Entities

  • Participation in Other Plans Nothing contained in this Agreement shall be construed to alter, abridge, or in any manner affect the rights and privileges of the Executive to participate in and be covered by any pension, profit-sharing, group insurance, bonus or any other employee plan or plans which the Corporation may have or hereafter have.

  • Interests in Other Entities The Company does not own or control, directly or indirectly, an interest in any corporation, partnership, limited liability company, joint venture, trust or other entity.

  • Investments in Other Persons Make or hold, or permit any of its Subsidiaries to make or hold, any Investment in any Person, except:

  • No Participation in Management No Limited Partner (other than a General Partner if it has acquired an interest of a Limited Partner) shall take part in the management of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership.

  • Indemnification in Other Situations In the event that Section 8(a) is inapplicable, the Company shall also indemnify Indemnitee if Indemnitee has not failed to meet the applicable standard of conduct for indemnification.

  • Participation in Benefit Plans During the Term hereof, Executive shall be entitled to participate in any group insurance, hospitalization, medical, dental, health, accident, disability, or similar plan or program of the Company now existing or established hereafter to the extent that he is eligible under the general provisions thereof. The Company may, in its sole discretion and from time to time, amend, eliminate, or establish additional benefit programs as it deems appropriate. Executive shall also participate in all standard fringe benefits offered by the Company to its salaried executives.

  • ENGAGEMENT IN OTHER EMPLOYMENT Executive shall devote all of his working time, ability and attention to the business of the Corporation and the Bank and/or their subsidiaries or affiliates, during the term of this Agreement. The Executive shall seek approval of the President and CEO of the Corporation and of the Bank in writing before the Executive engages in any other business or commercial duties or pursuits, including but not limited to, directorships of other companies. Under no circumstances may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the Corporation, the Bank and/or any of their subsidiaries or affiliates nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Corporation, the Bank and/or any of their subsidiaries or affiliates. Executive shall not be precluded, however, upon written notification to the President and CEO, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the President and CEO’s reasonable opinion, not in conflict with or detrimental to the Executive’s rendition of services on behalf of the Corporation, the Bank and/or any of their subsidiaries or affiliates.

  • Participation in Plans Notwithstanding any other provision of this Agreement, the Executive shall have the right to participate in any and all of the plans or programs made available by the Company (or it subsidiaries, divisions or affiliates) to, or for the benefit of, executives (including the annual stock option and restricted stock grant programs) or employees in general, on a basis consistent with other senior executives.

  • Rights in Other Capacities The Collateral Agent, the Custodial Agent and the Securities Intermediary and their affiliates may (without having to account therefor to the Company) accept deposits from, lend money to, make their investments in and generally engage in any kind of banking, trust or other business with the Purchase Contract Agent, any other Person interested herein and any Holder (and any of their respective subsidiaries or affiliates) as if it were not acting as the Collateral Agent, the Custodial Agent or the Securities Intermediary, as the case may be, and the Collateral Agent, the Custodial Agent, the Securities Intermediary and their affiliates may accept fees and other consideration from the Purchase Contract Agent and any Holder without having to account for the same to the Company; provided that each of the Collateral Agent, the Custodial Agent and the Securities Intermediary covenants and agrees with the Company that it shall not accept, receive or permit there to be created in favor of itself and shall take no affirmative action to permit there to be created in favor of any other Person, any security interest, lien or other encumbrance of any kind in or upon the Collateral other than the lien created by the Pledge.

  • Participation in Public Offering No Shareholder may participate in any Public Offering hereunder unless such Shareholder (a) agrees to sell such Shareholder’s Registrable Securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents reasonably required under the terms of such underwriting arrangements and the provisions of this Agreement in respect of registration rights.

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