Payments to XXXXXXXXXX Sample Clauses

Payments to XXXXXXXXXX. In consideration of Xxxxxxxxxx’x resignation of employment, his agreement in Section 4 below, and his execution of the release attached hereto as Exhibit A, the Company agrees to provide Xxxxxxxxxx the following benefits. (a) The Company agrees to pay Xxxxxxxxxx the balance of the salary due to Xxxxxxxxxx under the Employment Agreement of $475,000 payable by wire transfer pursuant to instructions provided by Xxxxxxxxxx as follows: (i) $200,000 on October 12, 2009 (ii) $275,000 payable in 12 installments of $22,916.66 on the first of each month beginning November 1, 2009 with the final payment to be made on October 1, 2010. The Company shall deliver to Xxxxxxxxxx its promissory note in the form of Exhibit B evidencing the Company’s obligation to pay the balance of the salary due under the Employment Agreement as set forth in (ii) above. (b) The Company shall pay on behalf of Xxxxxxxxxx all applicable premiums necessary for continued group health plan coverage under COBRA, such continued coverage to include medical insurance and dental insurance through December 31, 2011, provided that Xxxxxxxxxx is not otherwise eligible for medical and dental benefits from a new employer which are comparable to the benefits provided by the Company during such period. Xxxxxxxxxx shall promptly notify the Company if during the remaining term of the Agreement he accepts a position of employment that offers such comparable medical benefits. (c) The Company shall pay the fees and out of pocket expenses of Xxxxxxxxxx’x counsel incurred in connection with the negotiation of this Agreement. (d) Xxxxxxxxxx shall be responsible for the payment of all taxes due on such amounts.
Sample 1
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Payments to XXXXXXXXXX. (a) Simultaneously with the execution of this Agreement, the Company is paying to Xxxxxxxxxx $600,000 (the "Settlement Amount") by cashier's or certified check, receipt of which Xxxxxxxxxx acknowledges. (b) Until the second anniversary of this Agreement (the "Second Anniversary"), the Company agrees to pay the annual premiums (and all increases in the annual premiums) for all insurance policies maintained by the Company on behalf of Xxxxxxxxxx that were in force as of September 30, 1996 including, but not limited to, life, medical, dental, group term, accidental death and dismemberment, and long term disability insurance, and medical executive reimbursement (collectively, the "Benefits"). The Company's obligation to provide the Benefits to Xxxxxxxxxx shall not exceed $30,000 for each 12-month period between the date of the payment of the Settlement Amount and the Second Anniversary. The parties agree that (i) Xxxxxxxxxx will continue to be reimbursed until the Second Anniversary for the $2,000,000 term life insurance policy currently in force on his life, subject to the $30,000 maximum, (ii) Xxxxxxxxxx'x rights under COBRA are fully preserved, and (iii) he may exercise all rights available to him under COBRA after the Second Anniversary. (c) Within five days after the payment of the Settlement Amount, the Company agrees to transfer to Xxxxxxxxxx title to the automobile currently provided to Xxxxxxxxxx pursuant to Section 5.3 of the Employment Agreement upon payment by Xxxxxxxxxx of a purchase price equal to the book value of such automobile on the Company's books as of the date of payment of the Settlement Amount. Such vehicle shall be transferred "as is" without any representations except as to title.
Sample 1
Payments to XXXXXXXXXX 
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Related to Payments to XXXXXXXXXX

  • XX XXXXXXX XXXXXXX the parties hereof have caused this Agreement to be executed in duplicate on the day and year first above written.

  • Xxx Xxxxxxxxx At the end of this document is a list of United States Code citations for the FCRA. Other information about user duties is also available at the Bureau’s website. Users must consult the relevant provisions of the FCRA for details about their obligations under the FCRA. The first section of this summary sets forth the responsibilities imposed by the FCRA on all users of consumer reports. The subsequent sections discuss the duties of users of reports that contain specific types of information, or that are used for certain purposes, and the legal consequences of violations. If you are a furnisher of information to a consumer reporting agency (CRA), you have additional obligations and will receive a separate notice from the CRA describing your duties as a furnisher.

  • Xxx Xxxxxxxx I certify that I am a legal United States citizen, or possess legal residency, or visitor status to be in the United States, and that I shall provide proof of said legal status if requested prior to or during any American Legion national-level ALB participation. I further understand that I shall be denied participation in any American Legion national-level youth programs if I refuse to comply with providing proof of said legal status, or are not legally in the United States. Player’s signature Player’s printed name Date I am a parent with legal custody or legal guardian of the above player and hereby consent and agree to the foregoing terms and provisions on the above player’s behalf. Parent’s or legal guardian’s signature Parent's or legal guardian's printed name Player’s name (first, middle, last) Parent’s home address (street address, city, state, ZIP) Parent’s telephone number Emergency contact person & phone number Medical Insurance Policy # Family physician & phone number High school attended Year of graduation School enrollment (grades 10, 11, 12) Player’s email address Player’s Birth Date (Month/Year) Primary position Player’s height Player’s weight

  • Xxxx Xxxxxxxxx Secondary Contact Title 3 Secondary Contact Email Secondary Contact Phone 5 Secondary Contact Fax Secondary Contact Mobile 1 Administration Fee Contact Name 8 Administration Fee Contact Email 1 Administration Fee Contact Phone 2 0

  • Xxxx Xxxxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxx Xxxxxxxxx Purchase Order and Sales Contact Email 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxxx Xxxxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxx Xxxxxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 6 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxxxx Xxxxxx Purchase Order and Sales Contact Email 2 2 Purchase Order and Sales Contact Phone 2 3 Company Website 4 Entity D/B/A's and Assumed Names 5 Primary Address 2 Primary Address City 7 Primary Address State 2 8 Primary Address Zip 9 Search Words Identifying Vendor Certification of Vendor Residency (Required by the State of Texas)

  • Xxxxxxxxx Xxxxx 19.1 Employees who lose time by reason of being required to attend Court or Coroner's inquest or to appear as witnesses, in cases in which the Corporation is involved, will be paid for time so lost. If no time is lost, they will be paid for actual time held with a minimum of two hours at one and one-half times the hourly rate. Necessary actual expenses while away from home terminal will be allowed when supported by receipts. 19.2 Any fee or mileage accruing shall be assigned to the Corporation.

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