RECIXXXX. Pursuant to the Employment Agreement dated as of February 19, 2002 ("Employment Agreement"), of which this Agreement is attached as an Exhibit, Employee is employed as the "Chief Executive Officer" of the Operating Partnership. As a part of the transactions and Compensation Package, as defined in the Employment Agreement ("Compensation Package"), the Operating Partnership, acting through Crescent Real Estate Equities, Ltd. (the "General Partner"), wishes to provide Employee the ability to earn the right to purchase units of the Operating Partnership in order to encourage Employee to carry out his duties with vigor.
RECIXXXX. The Company and the Executive are parties to that certain letter agreement dated December 15, 2000 ("Severance Agreement").
RECIXXXX. Employer is a California corporation, and is a designer and manufacturer of high purity products and chemical process equipment. Employer is engaged in that business as a consequence of a corporate merger between Poly Concepts, Inc. ("PCI") and Kinetics Acquisition Corporation, both Oregon corporations, which in turn merged with Employer ("Merger").
RECIXXXX. As part of Employer's goals to provide long term incentives to retain the valuable skills of Employee, the Operating Partnership, acting through its General Partner, wishes to provide Employee the ability to earn the right to purchase units of the Operating Partnership in order to encourage Employee to carry out his duties with vigor.
RECIXXXX. It is the desire of the Company to retain the services of the Executive and to recognize the Executive's contribution to the Company.
RECIXXXX. The Employers and Employee are party to an Employment Agreement, dated as of October 11, 2006 (the "Employment Agreement") pursuant to which Employee is to be employed by the Employers on the Employment Date. Capitalized terms not otherwise defined herein shall have the respective meanings set forth in the Employment Agreement.
RECIXXXX. Bxxx xxxhes to employ Johnson as its Executive Vice President of Lending and Johnson wishex xx xxcept such employment under the terms and conditixxx xxx forth in this Agreement. IT IS AGREED as follows:
RECIXXXX. The parties hereto are parties to the Employment Agreement.
RECIXXXX. XXX xx in thx xxxxness of providing managemxxx xonsultants ("MIA Consultants") to Catuity. MIA is desirous of being engaged by Catuity to supply the full-time consulting, executive management, and other miscellaneous services ("Services") of Chris Leach ("Leach") to Catuity. Catuity is desirous of engaging MXX xx xxxxxde xxxxxtive level management services to Catuity, its Board of Directors and its businesses, including its Australian subsidiaries and in the Asia Pacific region. MIA represents that Chris Leach is desirous and willing to provide the services to Catuixx xxxx xxx described herein, under the terms and conditions herein, on a full-time basis. MIA shall be paid in accordance with Schedule 1, attached herein. This management services agreement ("Agreement") confirms MIA's appointment to provide the Services in accordance with the details set out below in this Agreement.
RECIXXXX. Xxxxxxxx Fine Foods, Inc., an Idaho corporation ("Company"), is engaged in the food processing business; and
