RECIXXXX Sample Clauses
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. 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. 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. 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. X.X. Edxxxxx is engaged in the business of developing, marketing and xxxxxxting enterprise software and supply chain computing solutions.
RECIXXXX. Seller is a corporation having its principal office and place of business at USA, Seller is a corporation duly organized, validly existing and in good standing under the laws of the State of Nevada. USA, with the corporate power to own property and carry on its business as contemplated by this Agreement. Seller is engaged in the manufacture, marketing and sale of "YOGEN" ("Products") throughout the world.
RECIXXXX. Xxx Company desires to have Optionee become Chairman of the Board of Directors of the Company, encourage the stock ownership of Optionee and increase Optionee's proprietary interest in the Company.
RECIXXXX. The Company and Employee entered into an Employment Agreement dated January 1, 1994 (the "Levy Agreement"), which was subsequently amended effective January 1, 1996 by Amendment No. 1 thereto, Amendments No. 2 and No. 3 thereto dated as of April 12, 1996 and by Amendment No. 4 dated December 6, 1996. The Company and Employee now wish to amend and restate the employment relationship between the Company and Employee by terminating the Levy Agreement and Amendments No. 1, No. 2, No. 3 and No.4 thereto, and replacing the same with the xxxxx xxx xxxxxxxxns set forth below as of the date first written above.