Subsection B. The Company has contracted to provide its directors and the directors of its wholly-owned subsidiary, Negevtech, Inc. (the “Subsidiary”),with Directors and Officers liability insurance with a coverage limit of US$5 million. The Company provided its directors with Indemnification and Release Letters (whereby, inter alia, the Company released them from any liability due to a breach of their duty of care to the Company) with respect to acts or omissions taken or not taken in their capacity as directors and officers of the Company. In addition, the Founders and Arnon Gat received complementary Indemnification and Release Letters as Service Providers of the Company. Xxxx Xxxxx (previously a director of the Company) and Rafi Yizhar, (currently a director of the Company), were granted options to purchase Ordinary Shares of the Company, according to Option Agreements dated December 31, 2002 (Xxxx Xxxxx - 10,000 options and Rafi Yizhar -20,000 options). The Option Agreement with Xxxx Xxxxx was amended in order to extend the exercise period his options in December 2004 and again in May 2006. In June 2006, the Company granted Rafi Yizhar an additional option to purchase 40,000 Ordinary Shares. The Company is a party to the Transition Agreement (as amended) with the Founders. The Company is a party to Arnon’s Agreements and the Company’s US Subsidiary is a party to a Services Agreement with AGS Associates LLC, a limited liability company registered under the laws of Delaware (wholly-owned by Arnon Gat) dated December 2004. In addition to the foregoing, the Company entered into employment agreements with each of the following officers of the Company (and with respect to Glyn, Roi, Markus and Yanki - of a subsidiary of the Company): t Xxxx Xxxxxxx, dated September 23, 2003 as amended on November 1, 2003 and February 18, 2005; t Xxxxxx Xxxxxxxxxxx, dated December 15, 2004; t Xxxx Xxxxxxx, dated June 7, 2001, as amended on August 1, 2003, on January 1, 2005 and on January 1, 2006; t Oz Desheh, dated April 5, 2004, as amended on January 1, 2005, on April 1, 2005 and on January 1, 2006;
Subsection B. In the event that the company raises the price of a basic haircut during the life of this agreement, the amount needed to be brought in by each stylist will increase by $2.00 for every one dollar increase in the price of a haircut. For instance if the price of a basic haircut increase from $11.99 to $12.99, the commission starting level will increase from $25.00 to $27.00 per hour. If the price of a basic haircut increases from $11.99 to $13.99, the commission starting level will increase from $25.00 to $29.00 per hour, and so on. SCHEDULE "B" Position Title: Hair Stylist Reports To: Management Team Purpose: To perform high quality hair care services for all clients requesting such services and to assist the management team in creating and maintaining a pleasant, productive and clean shop atmosphere.
Subsection B. For purposes of this Section, "Work" means all reports, documents, research, drafts, materials, computer software, and data that are recorded in any form (including, without limitation, written, electronic, or photographic form) and that are prepared, developed, or generated by CroMedica in the course of performing its obligations under this Agreement.
Subsection B of Section 24 of the Agreement (CUSTOMER LISTS AND ------------------ INFORMATION) is hereby amended by deleting the last sentence thereof, ----------- which reads as follows: Upon termination of this Agreement, including the performance of any services pursuant to Section 29 hereof, the names of Program Customers shall be jointly owned by Licensor and Licensee and may be used by them in their respective marketing efforts.
Subsection B. If this is a replacement and there is a response to Questions 1 and 2 NOTE: The MetLife Target Maturity Investor Profile can be found using the FILI ---- Forms Selector tool. -------------- GUARANTEED INCOME ANNUITY INVESTOR PROFILE Refer to the table below to determine the required fields on the Guaranteed ---------- Income Annuity Investor Profile. ------------------------------- MISSING INFORMATION REQUIRES SECTION REQUIRED INFORMATION CONFIRMATION LETTER ---------------------- ---------------------------------------------------------- ---------------------------- SECTION 1 . DOB, if not provided on application Yes Contract Owner . Married . Retired . Employed . Occupation if applicable . Number of dependents NOTE: Owner can be confirmed by reviewing owner signatures and annuity application.
Subsection B of Section 6.8, Financial Statements and Reports, is hereby deleted in its entirety and replaced with the following:
Subsection B of Section 6.9 of the Loan Agreement is hereby deleted in its entirety and replaced with the following:
Subsection B. 1(a) of the Amended Agreement is amended to change the date of the Management Closing Time from May 31, 1996, to June 27, 1996.
Subsection B of Section 5 of the Agreement is hereby deleted in its entirety and the following is hereby substituted in its place:
Subsection B. Except as set forth on Schedule 3.11(b) of the Seller Disclosure Letter:
