THE BUSINESS OF THE COMPANY. The Company is engaged in the business of investing and operating in software and technology-enabled businesses, including a continuous program of research, development, production and marketing (collectively the “Business” of the Company). Employee acknowledges that the Company has a legitimate interest in protecting its Confidential Information, trade secrets, customer relationships, customer goodwill, employee relationships, and the special investment and training given to Employee.
THE BUSINESS OF THE COMPANY. For information about the Company, please refer to the annual report prepared by the Company which was sent to you earlier, particularly Amendment No. 4 to the Form S-4 filed by Empire State Realty Trust, Inc. on Nov. 02, 2012, Item 2 of Form 10-K, the Quarterly Reports on Form 10-Q, Schedule 14A and any other materials sent to you by the Company. These documents contain updated information concerning the Company, including detailed information regarding the properties owned, including mortgages, rental rates, operations, management, and taxes. In addition, the Company is subject to the information and reporting requirements of the Exchange Act and information about the Company can be obtained on the Commission’s XXXXX system, at its internet web site at xxx.xxx.xxx, and are available for inspection at the Commission’s principal office in Washington, D.C.
THE BUSINESS OF THE COMPANY. For information about the Company, please refer to the annual report prepared by the Company which was sent to you earlier, particularly Item 2 of Form 10-K, the Quarterly Reports on Form 10-Q, and any other materials sent to you by the Company. These documents contain updated information concerning the Company, including detailed information regarding the properties owned, including mortgages, rental rates, operations, management, and taxes. In addition, the Company is subject to the information and reporting requirements of the Exchange Act and information about the Company can be obtained on the Commission’s XXXXX system, at its internet web site at xxx.xxx.xxx, and are available for inspection at the Commission’s principal office in Washington, D.C.
THE BUSINESS OF THE COMPANY. 2.1 The business of the Company is to undertake activities for commercial purposes and to trade within the District and beyond (the “Business”).
2.2 The Business may be modified to include such further activities as the Council may designate.
2.3 The Business shall be carried out by the Company in accordance with any Business Plan adopted and any Business Case adopted under that Business Plan or otherwise approved by the Council.
2.4 The Company shall at all times:
2.4.1 comply with any adopted Business Plan;
2.4.2 comply with the provisions of this Agreement and the Articles.
THE BUSINESS OF THE COMPANY. 2.1 The Company shall acquire and hold the Properties either directly or indirectly by way of an Indirect Investment Vehicle for investment purposes on the terms set out in this agreement.
2.2 The Business shall be carried on by the Company solely in Jersey.
2.3 Each of the Shareholders shall use reasonable endeavours (but without any obligation to incur any costs, expenses or liabilities, except where required in connection with fulfilling the duties and obligations set out elsewhere in this agreement or the documents referred to in this agreement):
2.3.1 to ensure that the Business is carried on in accordance with the then current Business Plan in respect of the Company and Asset Plan in respect of each Property; and
2.3.2 to promote and develop the Business to the best advantage of the Shareholders in accordance with good business practice.
THE BUSINESS OF THE COMPANY. 3.1 The Shareholder and the Company agree that unless and until they agree otherwise, the business of the Company shall be to carryout activities entrusted to it by the Shareholder in accordance with the Business Plan on sound commercial profit-making principles so as to generate the maximum achievable maintainable profits available for distribution.
3.2 The first Business Plan of the Company is set out in schedule 2 to this Agreement. The Company shall circulate a revised version of the then current Business Plan to the Shareholder by the end of November in each year and invite the Shareholder to provide comments on the proposed Business Plan or to provide Shareholder Consent. The Shareholder will use reasonable endeavours to respond by the end of the following February. Subject to the receipt of Shareholder Consent, before the end of each Accounting Period the Directors shall (in accordance with this Agreement) consider and, if appropriate, adopt an updated and revised Business Plan. No adoption, variation or replacement of any Business Plan shall take effect unless such adoption, variation or replacement has received Shareholder Consent.
3.3 Each Business Plan shall be substantially in the format of the first Business Plan and shall be for a three year period.
3.4 Notwithstanding any other provision of this clause 3, following the requisite approval by the Directors of a new proposed Business Plan or an amended or updated and revised Business Plan, such draft Business Plan shall become, or such amended or updated Business Plan shall become, the Business Plan for the relevant Accounting Periods. For any period when a proposed Business Plan presented under clause 3.3 has not been approved and adopted by the Directors in accordance with this Agreement the relevant existing Business Plan shall continue to be the Business Plan of the Company.
3.5 The Company shall circulate a draft Remuneration Policy to the Shareholder on or before 10 October 2017.
THE BUSINESS OF THE COMPANY. 2.1 The business of the Company shall be to carry out business of the type contemplated by the Collaboration Agreement and business and activities in furtherance thereof (the “Business”).
THE BUSINESS OF THE COMPANY. 5.1 The following shall be the objectives of the HFL Group (the "Objectives"):
5.1.1 Building more and better homes to help tackle the housing crisis;
5.1.2 Investing resources efficiently to maximise housing and regeneration outcomes;
5.1.3 Providing high quality services for residents;
5.1.4 Maximising partnerships with public and private sector organisations;
5.1.5 Being a strategic delivery partner for the Council;
5.1.6 Building and maintaining financial strength to deliver more homes; and
5.1.7 Engaging with local communities and investing for the long term.
5.2 The objectives for HFL Homes shall be the provision of social housing in England as a registered provider of social housing regulated by the Regulator. HFL Homes shall not trade for profit and any surpluses it makes will be reinvested in the Company in furtherance of its objectives.
5.3 Each Company hereby acknowledges that the Objectives are common objectives of each Company and hereby agrees to work with the other Companies to further the common Objectives, except in circumstances where it would breach any rule, regulation or Laws by doing so.
THE BUSINESS OF THE COMPANY. 2.1 The business of the Company is to undertake activities for commercial purposes and to trade within the Borough and beyond and in particular, but without limitation, to act as a private market residential landlord with the Borough (the “Business”). In undertaking the Business the Company will seek to maximise commercial returns to the Shareholder and to set new standards in terms of the quality of private rented stock offered and service delivered to residents.
2.2 The Business may be modified to include such further activities as the Council may designate.
2.3 The Business shall be carried out by the Company in accordance with any Business Plan adopted and any Business Case adopted under that Business Plan or otherwise approved by the Council.
2.4 The Company shall at all times:
(a) comply with any adopted Business Plan;
(b) comply with the provisions of this Agreement and the Articles.
THE BUSINESS OF THE COMPANY.
2.1 The business of the Company is to undertake activities for commercial purposes and trading within the District of Newark and Sherwood and beyond (the “Business”).
2.2 The Business may be modified to include such further activities as the Council may designate.
2.3 The Business shall be carried out by the Company in accordance with any Business Plan adopted and any Business Case adopted under that Business Plan or otherwise approved by the Council.
2.4 The Company shall at all times:
(a) comply with any adopted Business Plan;
(b) ensure that social and ethical considerations are taken into account in decision making and all other matters;
(c) comply with the provisions of this Agreement and the Articles.
