REASONS FOR AND BENEFITS OF THE ACQUISITIONS Sample Clauses

REASONS FOR AND BENEFITS OF THE ACQUISITIONS. The Group considers that the outlook for the private healthcare sector in the PRC is positive due to its favourable demographic (such as aging population) and macro factors (such growing middle class), low penetration of private healthcare institutions, and supportive government policies (such as the “Opinions on Promoting Further Reform of the Healthcare System (中共中央國務院關於深化醫藥衛生體制改革的意見)” which were promulgated by the State Council on March 17, 2009, the “Notice on the Implementation Measures for the Reform of the Healthcare System (2009 to 2011) (國務院關於印發醫藥衛生體制改革近期重點實施方案(2009-2011年)的通知)”, which was promulgated by the State Council on March 18, 2009 and the “Notice of the State Council on Forwarding the Opinions of the NDRC, the NHFPC and other Departments on Further Encouraging and Guiding Private Capital to Invest in Medical Institutions (關於進一步鼓勵和引導社會資本舉辦醫療機構意見的通知) (“Order No. 58”)”, which was promulgated by the General Office of the State Council on November 26, 2010)). Such was further reinforced by the grand planning of “To accelerate construction of Healthy China, deepen the reform of medical and health system, rationalize the price of medicines, carry out the linkage among medical treatment, health care and medicine, set up the basic medical and health care and modern hospital management systems and implement food safety strategy” under the latest communique of the Fifth Plenary Session of the 18th Communist Party of China Central Committee in 2015. Further, there is an increase in the public awareness of health and safety in the PRC. As such, private sector investments in medical institutions, a key part of the ongoing healthcare reform in the PRC, is expected to continue to provide the Tongren Group with significant growth opportunities. The Group believes that under the current management structure of Xxxxxx Xxxxxx the potential of the businesses of Xxxxxx Xxxxxx and Tongren Group as well as the value of its assets could never be realised and maximized. The Group would be unable to have complete control to develop the businesses of Xxxxxx Xxxxxx and Tongren Group according to its plan unless and until the Group makes Xxxxxx Xxxxxx its wholly-owned subsidiary. Taking into account the high potential of the businesses which are fully encouraged and supported by the policies of the central government of the PRC, following the Acquisitions, the Group will be able to maximize the potential of Xxxxxx Xxxxxx and Tongren Group by strengthening its managemen...
Sample 1
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REASONS FOR AND BENEFITS OF THE ACQUISITIONS. The Group is principally engaged in (i) money lending business; and (ii) wholesale and retail business. The Group currently operates a Korean restaurant in Hong Kong and considers that the Acquisitions provide a good opportunity for the Company to further enter into the restaurant business in Hong Kong. Despite the social distancing measures recently adopted by the HK government to curb the COVID-19 pandemic, the Board believes that the measures are for the interim period only. In the long run, the Board believes that the prospects of the food and beverage market in Hong Kong remain positive in a long run taking into account that in 2017 and 2018, the total value of the restaurants receipts in Hong Kong amounted to HK$112.7 billion and HK$119.6 billion respectively, with around 5% year-on-year increase. In 2019, the figure slightly dropped back to the level in 2017 due to the social movements but the Board considers that its expertise in sourcing quality grocery products including but not limited to frozen seafood, frozen meat and other food and beverage products would be an advantage for it to operate restaurants in a more cost-effectively way, and is expected to achieve vertical integration of the Group’s businesses. Further, despite relatively short operating history of the restaurants, three of them in total generated revenue of approximately HK$15.0 million and one of them already recorded a profit before and after tax after 21 months of operations. In view of the above, the Directors consider that the terms of the Agreements are fair and reasonable and the Acquisitions are in the interests of the Group and the Shareholders as a whole. IMPLICATIONS UNDER THE GEM LISTING RULES While all applicable percentage ratios set out in Rule 19.17 of the GEM Listing rules in respect of each of the Acquisitions on a standalone basis are less than 5%, the Acquisitions are required to be aggregated as one transaction under Rule 19.22 of the Gem Listing Rules given one of the Vendors are associated with another. As the percentage ratios of the Acquisitions, if aggregated, exceed 5% but are less than 25%, the Acquisitions constitute a discloseable transaction for the Company and are subject to the reporting and disclosure requirements under Chapter 19 of the GEM Listing Rules.
Sample 1
REASONS FOR AND BENEFITS OF THE ACQUISITIONS. One of the main business areas of the Group is investment in and development of properties in Hong Kong. The Acquisitions by the Group of interests in the Target Group, which indirectly owns the Property, is consistent with the core business strategies of the Group. The Directors believe that the Acquisitions are viable investments and will broaden the asset and earnings base of the Group. The respective terms of the Agreements were determined through arm’s length negotiations between the respective Vendors and the Purchaser and reflect normal commercial terms. The Directors (including the independent non-executive Directors) consider that the terms of the Agreements including the OH Consideration, the GS Consideration and the TT Consideration, which have been arrived at after arm’s length negotiations, are fair and reasonable and are in the interests of the Group and the Shareholders as a whole. LISTING RULES IMPLCATIONS Xxxx Xxxx, the vendor under the OH Agreement, is a wholly-owned subsidiary of Xxxxxx Xxxx. As Xxxxxx Xxxx is an associate of CTFE, which in turn together with its subsidiaries own approximately 43.95% of the issued share capital of the Company as at the date of this announcement, Xxxx Xxxx is a connected person of the Company and the OH Acquisition constitutes a connected transaction for the Company under Chapter 14A of the Listing Rules. As Xxxxxx Xxxx indirectly owns 50% interest in Broad Reach, the GS Acquisition and the TT Acquisition also constitute connected transactions for the Company pursuant to Rule 14A.28 of the Listing Rules. Given that the Agreements are inter-conditional and related to the acquisition of the entire interest in Broad Reach, the Acquisitions are aggregated pursuant to Rule 14A.81 of the Listing Rules. As one of the applicable percentage ratios (as defined in the Listing Rules) is more than 0.1% but less than 5%, the Acquisitions are only subject to the reporting and announcement requirements but are exempt from the independent shareholders’ approval requirement under the Listing Rules. Xx. Xxxxx Xxx-Xxxx, Xxxxx, Xx. Xxxxx Xxx-Xxxx, Xxxxxx, Xx. Xxxxx Kar-Xxxxx, Xxxxx and Xx. Xxxxx Chi-Xxxx, each a Director, are also directors of CTFE. They and their associates, being Mr. Doo Xxx-Xxx, Xxxxxxx and Xx. Xxxxx Chi-Man Xxxxx, were not present at the meeting of the executive committee of the Board held for the approval of the Acquisitions and accordingly they did not vote on the relevant resolution approving the Acqui...
Sample 1
REASONS FOR AND BENEFITS OF THE ACQUISITIONS. The Group comprises of multi-line businesses in the industry connected to multimedia animation entertainment in the PRC. The Group engages in the business of sales and development of animation-derived products featuring a wide range of popular animation characters, including toys of different nature. The Group is also a developer over gaming applications and platforms. Last but not least, the Group operates amusement park and VR theme park, further build up the animation businesses of the Group. For future expansion and development of businesses of the Group, it has been part of the Group’s business plan to development online entertainment and mobile applications. The Group intends to develop such application in which it will act as a platform with all the animation, entertainment, gaming applications, toys and products in connection to the Group’s intellectual property rights (whether licensed to utilise or owned by the Group) including the Target Assets and the IP Rights encompassed on such platform, for the users’ and consumers’ entertainment and purchases. In support of the development of the above platform, the Group has actively sought opportunities in relation to intellectual property rights of gaming applications and animation, and acquired the same, in order to broaden the foundations of the platform with games and diversifying animation characters, thus broadening as well the potential base for clientele on animation entertainment. On the platform aforementioned, the gaming applications (including but not limited to those under the Target Assets) and the sales of products and toys connected to animation will also be boosted by the element of social media available on such platform given the interaction between (i) online live hosts and key opinion leaders, who will discuss the gaming strategies in those gaming applications and the animation online together with the products featuring such games or animation; and (ii) users and consumers on the platform. It is part of the Group’s business plan to proceed with music animation concerts. The IP Rights, featuring Chinese female animation figures with elements of animation, music and popular culture, will host online music animation concerts in addition to the potential products to be developed and their animation to be promoted on the platform aforementioned. In that way, the IP Rights are not merely integrated into the Group, it promotes the operation of animation of the Group by leading the Group’s ...
Sample 1
REASONS FOR AND BENEFITS OF THE ACQUISITIONS. The Group is principally engaged in property development and investment as well as financial assets and other investments. The Group’s property business is primarily focused on the PRC market. PRC Co 1 has been providing property development consultancy services to the Group in relation to the Group’s Chengdu Project, Tianjin Project and Xinjiang Project. PRC Co 2 is licensed and qualified to carry out property management business and after Acquisition 2, it is anticipated that PRC Co 2 will provide property management services to the Chengdu Project. The Chengdu Project is a mixed use development project consisting of hotel, commercial, office, service apartments and residential components with an overall total gross floor area of approximately 497,000 square metres, which is being developed in stages spanning over a period to 2017. The Tianjin Project is being developed on a site with a total site area of approximately 31,700 square metres which is presently planned to include commercial, office, hotel and residential components with total gross floor area of about 145,000 square metres, and is anticipated to be completed in stages before end of 2016. The Xinjiang Project is a re-forestation and land grant project for a land parcel with a site area of about 7,600 mu in accordance with the relevant laws and policies in Urumqi City, Xinjiang Uygur Autonomous Region, the PRC. For further details of the Chengdu Project, the Tianjin Project and the Xinjiang Project, please refer to the annual report of the Company for the nine-month period ended 31 December 2013. The Company considers that the Acquisitions would facilitate the development and management of the Group’s property projects in the PRC, in particular the Chengdu Project, the Tianjin Project and the Xinjiang Project. The Directors (including the independent non-executive Directors) consider that the terms of the S&P Agreement 1 and S&P Agreement 2, and the transactions contemplated thereunder, are fair and reasonable and in the interests of the Company and its shareholders as a whole. Given that Xx. XX Xxx Xxx, Xx. Xxxxx XX Xxxx To, Xxxx XX Po Man and Mr. Xxxxxxx XX Xxxx Kai (all being executive Directors) are executive directors of Century City, Paliburg and Regal, Mr. Xxxxxxx XXXX Xx Xxx (being an executive Director) is an executive director of Paliburg, Mr. Xxxxxx XXXXX Xx Xx (being an executive Director) is an executive director of Century City and Xxx. Xxxxxxx XXXX Xxx Him (being an independent...
Sample 1
REASONS FOR AND BENEFITS OF THE ACQUISITIONS. The Group is principally engaged in (i) business of jazz and ballet and pop dance academy in Hong Kong and the PRC; and (ii) operation of kindergartens in Hong Kong and Singapore. As the Business are well established in prime locations in Singapore, where the Premises are designated for education purpose by the local government which were unique in such areas, the Company considers that the Acquisition is in line with its strategic plan to build up the Group’s presence in the early childhood business in Singapore local market. In addition, the Directors intend to promote and integrate its dancing programs into the childcare programs, and believe that there will be synergy effect arising from the combination of early childhood business and the extra curriculum of jazz and ballet and pop dance academy experience of the Group, which may further enhance competitiveness and profitability of the Group. The Directors consider that the terms of the Sale and Purchase Agreement are fair and reasonable and on normal commercial terms and the Acquisition is in the interests of the Company and the Shareholders as a whole. GEM LISTING RULES IMPLICATIONS As the relevant applicable percentage ratios (as defined under Chapter 19 of the GEM Listing Rules) in respect of the Acquisition exceed 5% but are less than 25%, the Acquisitions constitute discloseable transactions under Rule 19.06(2) of the GEM Listing Rules and are subject to the reporting and announcement requirements under Chapter 19 of the GEM Listing Rules.
Sample 1
REASONS FOR AND BENEFITS OF THE ACQUISITIONS. The Group is principally engaged in outlets commercial operation and development and operation of featured commercial properties (such as tourism property, senior care property and wine chateaus), development of high-end residential properties as well as property management. Key projects of the Group include (i) a residential and commercial property project in Yinchuan City, Ningxia Hui Autonomous Region, the PRC; and (ii) the Qinhuangdao Project, being a comprehensive project in Qinghuangdao, the PRC. The Group’s property development business, including the projects located in Yinchuan City and Qinghuangdao, was adversely affected by the tightened government policies on the property industry and market in recent years. As discussed in the 2022/2023 interim report of the Company, the policy orientation of housing for accommodation rather than speculation was never wavered even amid the periods severely stricken by the pandemic. The Group’s future development fundamentally hinges on identifying ways to fully use funds and proactively broaden revenue sources. In view of the uncertainties in the future development of the property market, the Group will enhance cooperation with financing institutions, government agencies and other parties of the same or different industries to activate its various projects with concerted efforts. The Qinhuangdao Project has a total planned GFA of 672,110 sq.m. (includes both plot ratio based floor area and non plot ratio based floor area) and the Group has only completed partial construction of Phase 1 of the project, covering a total GFA of approximately 163,227 sq.m. It is expected that massive investment will be required to completion the development of the whole Qinhuangdao Project. In addition, given the difficult operating environment of the PRC property industry in recent years, the development of the Qinhuangdao Project has been adversely affected. The Project Company did not generate revenue and recognised a net loss for the past two years ended 31 March 2022. As at 30 September 2022, the Project Company recorded a net liabilities position of approximately RMB21.3 million. Given the current financial position of the Project Company, it is difficult for the Group to continue to raise additional debt financing to support the future development of the Qinhuangdao Project. Through the Cooperation Agreement, the Purchaser and Qinhuangdao Arirang, as new investors, have committed to provide the necessary fundings for the de...
Sample 1
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Related to REASONS FOR AND BENEFITS OF THE ACQUISITIONS

  • REASONS FOR AND BENEFITS OF THE ACQUISITION The principal activities of the Group are investment holding, manufacturing and trading of printed circuit boards (the “Printed Circuit Boards Business”), trading of petroleum and energy products and related business (the “Petroleum and Energy Business”), and vessel chartering. In view of the ongoing trade war between the PRC and the US and the recent global coronavirus outbreak, there have been adverse impacts on the Printed Circuit Boards Business and the Petroleum and Energy Business. The Board expects that the Petroleum and Energy Business may be further affected due to (i) the increase of volatility of the oil price; (ii) the intensified competition in the oil trading business arising from slowing down of the international trade and the demand for oil and oil products; (iii) tightening of bank credits available to the Group; and (iv) ongoing legal proceedings against the Company. Therefore, the Group considers to diversify its business into other business sectors. The Acquisition is a good opportunity for the Group to diversify its business stream and mitigate the risks arising from the international trade. The Target Group’s business in the manufacturing and trading of printing and packaging products is based in Guangdong-Hong Kong-Macao Greater Bay Area and its clients are mainly from Hong Kong and the PRC. Over the years, with implementation of a series of operational strategies, including focusing more on sales orders for high-quality printing and packaging products with higher profit margin, stringent cost control measures and upgrading the manufacturing base by investing in new and advanced printing and packaging equipment, the Target Group has established its own brand and a long-term loyalty client base, which contributes to more than 50% of the Target Group’s revenue. Furthermore, in negotiating the Acquisition, the Vendor agreed to provide profit guarantees to the Purchaser as set out in the section headed “Profit guarantees and compensation” above, which provides a safeguard for the Company to closely monitor the development of the Target Group. The management of the Company believes that the printing and packaging business of the Target Group will have a synergy effect on the Group’s current business. With the new business sector, the Company would be able to provide printing and packaging, brand labelling and other logistics services to its existing customers. As the Group has an existing vessel chartering business, the management of the Company will further explore the possibility of transforming the existing vessels or hiring vessels to shipping cargoes such that the Group could further use its own resources to extend its business into logistics services. With the view to strengthen the Group’s long-term competitiveness and value, the Group plans to combine the high-quality printing business with intellectual property marketing to achieve a total marketing solution model to provide creative solution to its clients. In this way, the printing and packaging business is able to create a vertically integrated business to include selecting/designing intellectual property products which fit brand image, licensing from intellectual property holder and providing printed marketing materials and packages, etc. Currently, the Group is in the process of hiring staff who are experienced in marketing intellectual property products such as cartoon and movie images. The Consideration, which would be partially settled by the issue of Promissory Note, will not require substantial immediate cash outflow of the Group, therefore easing the financial burden of the Company. In the view of all above, the Board (including the independent non-executive Directors) considers that the Acquisition is fair and reasonable and is in the interests of the Company and its Shareholders as a whole.

  • REASONS FOR AND BENEFITS OF THE TRANSACTIONS Xxxxxxx Xxxxxxx entered into the transaction contemplated under the New Entrusted Operation Management and Marketing Agreement to outsource cold chain management services and business promotion to a professional service provider aiming to save management resources. The negotiation of the terms of New Entrusted Operation Management and Marketing Agreement was conducted by the parties on an arm’s length basis with reference to the market rate of cold chain properties of comparable size and facilities. No Director has any material interest in the transactions contemplated under the New Entrusted Operation Management and Marketing Agreement. The Board (including the independent non- executive Directors) considers that the New Entrusted Operation Management and Marketing Agreement was entered into in the ordinary and usual course of business of Xxxxxxx Xxxxxxxxx, and the terms contained therein are fair and reasonable, and such transactions are on normal commercial terms and in the interests of the Company and the Shareholders as a whole. IMPLICATIONS UNDER THE LISTING RULES Xxxxxxx Xxxxxxx is held as to 60% indirectly by the Company and 20% by Xxxxx Xxxxxxx and 20% by Xxxxx Xxxxxxx respectively. Xxxxxxx Xxxxxxxxx is owned by two shareholders, namely, Xxxxx Xxxxxxx (55% equity interest) and Xxxxx Xxxxxxx (45% equity interest). Therefore, Xxxxxxx Xxxxxxxxx is an associate of Xxxxx Xxxxxxx and Xxxxx Xxxxxxx, which in turn is a connected person of the Company. Accordingly, the New Entrusted Operation Management and Marketing Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. Since the transactions contemplated under the New Entrusted Operation Management and Marketing Agreement are entered into on normal commercial terms and one or more of the applicable percentage ratios (other than the profits ratio) as set out in Rule 14.07 of the Listing Rules are, on an annual basis, more than 1% but all of them are less than 5%, the transactions contemplated under the New Entrusted Operation Management and Marketing Agreement are only subject to the reporting, announcement and annual review requirements but are exempt from the circular, the independent financial advice and the independent shareholders’ approval under Chapter 14A of the Listings Rules.

  • REASONS FOR AND BENEFITS OF THE TRANSACTION The Group is principally engaged in the development, sale, lease, investment and management of properties in the PRC and the sales of electronic and electrical related products and sales of building related materials and equipment. Each of the Merchants Nanjing and Nanjing Changmao would benefit from the cooperation in order to exert their strengths, grasp market opportunities and enhance their investment portfolio in the property market in the PRC, which would improve the capital efficiency and effectiveness, reduce the investment risks and thus a greater return could be created for the Shareholders. The terms of the Cooperation Agreement have been arrived at after arm’s length negotiations between the parties. The Directors (including the independent non-executive Directors) have confirmed that the Acquisition and the terms of the Cooperation Agreement (including the financing and profit distribution arrangements) and the transactions contemplated thereunder are fair and reasonable, on normal commercial terms and in the interests of the Company and its Shareholders as a whole.

  • REASONS FOR AND BENEFITS OF THE DISPOSAL The Board considers that the online media advertising agency business operated by Xxxx Media is not the core business that the Group is focusing on. The disposal of Xxxx Media will allow the Group to concentrate its financial and management resources on its core business, hence would effectively reduce the Group’s operating risks outside its main business. The Directors (including the independent non-executive Directors but excluding Xx. Xxx who has abstained from voting in the Board), are of the view that the terms of the Equity Transfer Agreement are fair and reasonable and the transaction contemplated thereunder is on normal commercial terms or better and is in the interests of the Company and its shareholders as a whole. FINANCIAL EFFECTS OF THE DISPOSAL AND USE OF PROCEEDS Upon completion of the Disposal, Xxxx Media will cease to be a subsidiary of the Company and the Group will cease to have any interest in Xxxx Media. The financial results of Xxxx Media will no longer be consolidated into the financial statements of the Group. With reference to the net assets of Xxxx Media of approximately RMB57.9 million as at 30 April 2021, the Group is expected to record a net gain of approximately RMB10.3 million from the Disposal after deducting expenses in relation to the Disposal. The actual gain or loss from the Disposal may be different from the above and subject to the review and final audit by the Company’s auditor. It is expected that the net proceeds from the Disposal will be used for re-investment for other potential investments and/or business opportunities that may arise and as general working capital of the Group. INFORMATION OF THE PARTIES The Group The Company is a company incorporated in the Cayman Islands with limited liability, and the shares of which are listed on the Main Board of the Stock Exchange. The Group is principally engaged in (i) the construction and operation of B2B e-commerce platforms for the trading of, among others, consumer goods, agricultural products, chemicals, plastic raw materials, and black and non-ferrous metals; and (ii) the provision of related services such as finance, logistics, cross-border trading, warehousing and supply chain management in the PRC. The Group is also engaged in the development and operation of large-scale, consumer product-focused wholesale shopping malls in the PRC. The Purchaser Xxxx Venture is a company established under the laws of the PRC with limited liability and principally engages in the provision of venture capital consulting services and venture management services for venture enterprises. As at the date of this announcement, the Purchaser is held as to 99.95% by Xx. Xxx, who is the ultimate beneficial owner of the Purchaser. Xxxx Media Xxxx Media is a company established in the PRC with limited liability and is an indirect non- wholly-owned subsidiary of the Company. Xxxx Media principally engages in the provision of online advertising and integrated marketing solutions consulting services in the PRC. As at the date of this announcement, Xxxx Media is owned as to 86%, 3.6324%, 3.6324%, 3.6317%, 1.7414% and 1.3621% by the Company, Xxx Xxx (劉焱), Xxxx Xxxxxxxxx (趙向東), Xxxx Xxxxxx (陳作濤), Xxxx Xxxxx (陳程) and Xx Xxxxxxx (齊志平), respectively. Set out below is the unaudited financial information of Xxxx Media for the year ended 31 December 2019 and the financial information of Xxxx Media for the year ended 31 December 2020 which is obtained from the Group’s audited consolidated financial statements: For the year ended 31 December 2020 2019 RMB’000 RMB’000 Revenue 32,486 10,711 Net profit before taxation 8,334 2,050 Net profit after taxation 6,210 1,967 The net asset value of Xxxx Media as at 30 April 2021 was approximately RMB57,871,000. LISTING RULE IMPLICATIONS As at the date of this announcement, Xx. Xxx holds 99.95% equity interest in the Purchaser. Xx. Xxx is an executive Director, co-chairman of the Board, co-chief executive officer and a controlling shareholder (as defined under the Listing Rules) of the Company. Accordingly, the Purchaser is a connected person of the Company and the Disposal constitutes a connected transaction of the Company. As one or more of the applicable percentage ratios in respect of the Disposal is higher than 0.1% but less than 5%, the Disposal is subject to the reporting and announcement requirements and is exempt from the circular, independent financial advice and independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

  • Risks and Benefits of Therapy Psychotherapy is a process in which Therapist and Patient discuss a myriad of issues, events, experiences and memories for the purpose of creating positive change so Patient can experience his/her life more fully. It provides an opportunity to better, and more deeply understand oneself, as well as, any problems or difficulties Patient may be experiencing. Psychotherapy is a joint effort between Patient and Therapist. Progress and success may vary depending upon the particular problems or issues being addressed, as well as many other factors. Participating in therapy may result in a number of benefits to Patient, including, but not limited to, reduced stress and anxiety, a decrease in negative thoughts and self-sabotaging behaviors, improved interpersonal relationships, increased comfort in social, work, and family settings, increased capacity for intimacy, and increased self-confidence. Such benefits may also require substantial effort on the part of Patient, including an active participation in the therapeutic process, honesty, and a willingness to change feelings, thoughts and behaviors. There is no guarantee that therapy will yield any or all of the benefits listed above. Participating in therapy may also involve some discomfort, including remembering and discussing unpleasant events, feelings and experiences. The process may evoke strong feelings of sadness, anger, fear, etc. There may be times in which Therapist will challenge Patient’s perceptions and assumptions, and offer different perspectives. The issues presented by Patient may result in unintended outcomes, including changes in personal relationships. Patient should be aware that any decision on the status of his/her personal relationships is the responsibility of Patient. During the therapeutic process, many patients find that they feel worse before they feel better. This is generally a normal course of events. Personal growth and change may be easy and swift at times, but may also be slow and frustrating. Patient should address any concerns he/she has regarding his/her progress in therapy with Therapist. Professional Consultation Professional consultation is an important component of a healthy psychotherapy practice. As such, Therapist regularly participates in clinical, ethical, and legal consultation with appropriate professionals. During such consultations, Therapist will not reveal any personally identifying information regarding Patient.

  • Decisions of the Board The decision of the majority shall be the decision of the Board. Where there is no majority decision, the decision of the Chairperson shall be the decision of the Board. The decision of the Board of Arbitration shall be final and binding and enforceable on all parties, but in no event shall the Board of Arbitration have the power to change this Agreement or to alter, modify or amend any of its provisions. However, the Board shall have the power to dispose of any discharge or a discipline grievance by any arrangement which in its opinion it deems just and equitable.

  • Conditions of Employment It is a term and condition of employment and of the obligations and rights occurring under this Agreement, that an employee:

  • Reciprocal Compensation Arrangements Pursuant to Section 251(b (5) of the Act

  • GENERAL TERMS AND CONDITIONS OF EMPLOYMENT This Agreement is subject to all applicable laws of the State of California, the rules and regulations of the Board of Governors of the California Community Colleges, and the rules, regulations, policies, and procedures of the District, all of which shall be made a material part of the terms and conditions of this Agreement as if set forth in full. This agreement shall prevail over any conflicting District rules, regulations, policies or procedures.

  • Benefit of the Agreement This Agreement shall enure to the benefit of and be binding upon the respective successors and permitted assigns of the parties hereto.

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