REXXXXXX Sample Clauses
REXXXXXX. Bank is a state-chartered Oregon financial institution, and is the wholly owned subsidiary of Columbia Bancorp ("Bancorp"). Bancorp's principal office is at 401 East Third Street, Suite 200, The Dalles, Oregon 97058.
REXXXXXX. On October 31, 2000, P.E.T.Net Pharmaceutical Services, Inc. ("P.E.T.Net Services") was mxxxxx xxxo P.E.T.Net Pharmaceuticals, Inc., x xxxxxy-owned subsidiary of CTI (txx "Xxxxxr"). Pursuant to a Merger Agreement between those parties dated October 10, 2000 ("Merger Agreement"), CTI agreed to issue CTI stock to the P.E.T.Net Services stockholders and the holders of Capital Event Stoxx xxxxx the P.E.T.Net Pharmaceutical Services Amended and Restated Long-Term Incxxxxxx Xxan. Participant was a stockholder in P.E.T.Net Services and/or a holder of Capital Event Stock in P.E.T.
REXXXXXX. 0.0 The Parxxxx xxxxxx xhat -
1.1.1 The Executive is employed by the Company as Chief Financial Officer in terms of the Current Employment Agreement, a copy of which is attached to this Agreement as Appendix "A". The parties record that, as from 1 December 2003, the Executive has also been employed as Chief Executive Officer.
1.1.2 The Parties now wish to enter into a new employment agreement to replace the Current Employment Agreement.
1.1.3 The Parties are accordingly replacing the Current Employment Agreement with this Agreement to give effect to CLAUSE 1.
1.2 The Parties further record that the Executive has been appointed as a Director of the Company which appointment shall continue in effect.
REXXXXXX. Executive is currently employed by the Company as a senior executive officer and is an integral part of its management. The Board of Directors of the Company recognizes the Executive as a key officer of the Company, and consequently has approved the terms and conditions of the continued employment of Executive as set forth herein and has authorized the execution and delivery of this Agreement.
REXXXXXX. The Company and Executive entered into an Employment Agreement dated July 21, 2003 (the "Original Agreement"), whereby the Company employed Executive on the terms and conditions set forth therein.
REXXXXXX. Xxx Xxxxxxx xxxxxxx xx secure the services and expertise of the Executive and to ensure the availability of the Executive to the Company; and
REXXXXXX. Xxxxphia, its wholly-owned subsidiary Adelphia Acquisition Subsidiary, Inc., a Delaware corporation ("Merger Sub"), and Century Communications Corp., a New Jersey corporation ("Century"), are parties to an Agreement and Plan of Merger, dated as of March 5, 1999 (the "Merger Agreement"), pursuant to which Century will merge (the "Merger") into Merger Sub on the terms and conditions provided therein.
REXXXXXX. Xxxxxxxx Xxxxxtality, Inc., a predecessor of Indemnitor's -------- parent, and Mercantile Bank National Association (the "Lender"), have entered into a Loan Agreement (as it may be amended, the "Loan Agreement") pursuant to which the Lender agreed to lend certain amounts to the Indemnitor. In connection with the Loan Agreement, Indemnitee executed a Guaranty Agreement dated April 10, 1996 and a Modification and Reaffirmation of Guaranty dated as of April 27, 2001 pursuant to which the Indemnitee guaranteed certain obligations of Supertel Hospitality, Inc. pursuant to the Loan Agreement (collectively, the "Guaranty").
REXXXXXX. Employee and the Company are entering into a Severance Agreement and Release (the "Agreement") on this date, which provide, among other things for the payment of certain compensation and for the repayment of a loan Employee owes to the Company (the "Loan").
REXXXXXX. 0. XX xxxxxxxx x xxxxx xxxxxx Xxxxxial Recovery Facility (MRF) and Transfer Station in Orange County and is a leading processor and recycler of the solid waste stream in Southern California.
2. As a solid waste collection services provider for a number of cities, TI is responsible for implementing diversion programs to reduce the amount of solid waste from landfill disposal in order to assist its public agency customers to meet the diversion goals and mandates of AB939.
3. TI currently employs many proprietary and commercially available means to recover material from the waste stream in order to provide diversion for its customers who utilize the facility.
4. TI is continually exploring means to enhance recovery efforts, provide additional diversion for its existing customers and provide diversion opportunity for future customers.
5. WWA is the exclusive licensee of a process, which recovers materials from the waste stream beyond the recovery levels of traditional solid waste processing.
6. WWA has worked closely with TI for several years to develop and test the viability of its exclusive licensed patented recovery process.
7. WWA is seeking a location for their first commercially viable facility that can receive, process and recover material from the residuals stream of the MRF.
8. TI desires to engage WWA's services on the terms and conditions set forth herein.
9. WWA desires to process waste materials received from TI and is willing to do so on the terms and conditions set forth herein. Confidential and Proprietary Subject to Confidentiality Agreement Prohibiting Disclosure
10. It is TI's intention to deliver the agreed upon average tonnage as it is WWA's intention to receive and process the agreed upon tonnage; however, from time to time circumstances may occur, such as holidays, which could briefly interrupt the intended even flow of waste materials. Both parties to this Agreement will make their best efforts to deliver and receive the agreed upon tonnage as it is in the best interest of both parties to do so.