The Company’s Agreements Sample Clauses

The Company’s Agreements. If the Company becomes subject to the reporting requirements of Section 12 of the Exchange Act, the Company will file the reports required to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the SEC thereunder, to the extent required from time to time to enable the Participant to sell Stock or shares of Common Stock without registration under the Exchange Act within the limitations of the exemptions provided by (A) Rule 144 under the Securities Act, as such rule may be amended from time to time, or (B) any similar rule or regulation hereafter adopted by the SEC. Notwithstanding anything contained in this Section 10, the Company may de-register under Section 12 of the Exchange Act if it is then permitted to do so pursuant to the Exchange Act and the rules and regulations thereunder and, in such circumstances, shall not be required hereby to file any reports which may be necessary in order for Rule 144 or any similar rule or regulation under the Securities Act to be available. Nothing in this Section 10 shall be deemed to limit in any manner the restrictions on sales of Stock contained in this Agreement.
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The Company’s Agreements. Subject to the terms and conditions contained herein, the Company agrees to provide Employee with the following, to which Employee would not otherwise be entitled: 1. Separation pay in consideration for Employee’s releases and other promises herein in a single, lump sum gross aggregate payment of $312,000.00 after the Effective Date. The payment shall be subject to all applicable deductions, tax and reporting obligations of the Company. The payment shall not be salary, wages, or income for purposes of any 401(k) or other benefit plan of the Company. 2. Employee will be paid a bonus totaling $140,000.00 (gross) on January 5, 2009 associated with Port Orange, West Melbourne, and D’Iberville (in accordance with Employee’s incentive compensation formula) and in keeping with corporate guidelines in effect at the time of the bonus is issued. 3. Employee’s unvested stock grants will be fully vested as of January 2, 2009. Subject to and except for the provisions of this Agreement, including but not limited to the specific exception set forth directly below, the Company hereby releases and waives any and all claims, demands, or causes of action (collectively, “claims”) known or unknown, suspected or unsuspected, that, as of the date on which Employee signs this Agreement, Company has or could have against the Employee. Notwithstanding the preceding statement, the Company is not releasing and shall not be deemed to release Employee from any claim involving fraud on the part of the Employee.
The Company’s Agreements. In exchange for the consideration set forth in Section 2, including Xxxxxx’ agreements therein, the adequacy and sufficiency of which the Company hereby acknowledges, the Company agrees as follows:
The Company’s Agreements. 1. The Company agrees to pay Executive severance pay in the amount equivalent to twelve (12) months of Executive’s salary, minus applicable payroll deductions. Such payments shall be made in a lump sum amount. The Company will issue an appropriate W-2 Form for the payment made pursuant to this Agreement. 2. The Company agrees to pay three (3) months of Executive’s COBRA medical and dental insurance premium payments. Such payment shall be made in a lump sum amount, minus standard deductions. Effective July 1, 2003, Executive shall become responsible for all COBRA insurance policy premiums, if any. 3. The Company agrees Executive shall receive payment, at his regular rate of pay, minus applicable payroll deductions, for any accrued earned vacation time and/or sick leave pay, unused as of June 6, 2003.
The Company’s Agreements. The Company agrees to provide Transfer Agent with the following information.
The Company’s Agreements. 1. Employee will receive her regular salary through her Employment Termination Date, in accordance with the Company’s regular payroll practices. 2. Per the terms of the Employment Agreement, Employee will receive a severance benefit in cash equal to $1,671,584 which is two times (2x) the sum of (i) her annual base salary in effect for the 2022 year plus (ii) her Retention Bonus as defined in and as set forth in the Employment Agreement. Notwithstanding the terms of the Employment Agreement, this amount will be paid on the next administratively practicable regular Company payroll date following the later of the Employee’s termination date or the execution of this Agreement and will be subject to any withholding or other requirements pursuant to applicable Federal income tax rules and regulations. 3. Employee will remain eligible to receive the Corporate and Individual components of her cash AIP Bonus Payment for 2022 in accordance with the terms of the 2022 Annual Incentive Program (AIP) as adopted by the Company’s Compensation Committee and described in the Company’s proxy statement for its 2022 Annual Meeting of Stockholders. The amount payable to Employee pursuant to such Corporate and Individual components of her annual cash AIP Bonus Payment will be determined following December 31, 2022 and will be paid in a lump sum as soon as practical after final certification of the underlying performance results and approval of such payment by the Compensation Committee and shall be subject to any withholding or other requirements pursuant to applicable Federal income tax rules and regulations. 4. 22,500 or 50% of the shares of restricted Company common stock held by Employee as of the date of termination, which were awarded pursuant to Stock Restriction Agreement, shall vest in the Employee on the Effective Date pursuant to the terms of the Stock Restriction Agreement and shall be subject to any withholding or other requirements pursuant to applicable Federal income tax rules and regulations. 5. Per the PSU Agreement, Employee will remain eligible to earn applicable awards under the Emergence Equity Incentive Equity Award Program for the fiscal year ended December 31, 2022 (Year 1 Performance Period ending December 31, 2022) as described in the Company’s proxy statement for its 2022 Annual Meeting of Stockholders. In February 2022, Employee was initially awarded 15,278 PSUs applicable to the Year 1 Performance, which have been and will be increased pursuant to t...

Related to The Company’s Agreements

  • Companys Agreements The Company agrees not to effect any public sale or public distribution of its equity securities, or any securities convertible into or exchangeable or exercisable for such securities, during the ninety (90) day period following the effective date of a registration statement of the Company for an underwritten Public Offering (except as part of any such underwritten registration or pursuant to registrations on Form S-8 or Form S-4 or any successor forms thereto), unless the underwriters managing the Public Offering otherwise agree.

  • Consulting Agreements Buyer shall have entered into the Consulting Agreements with the Shareholders.

  • Limitations on the Company’s Activities This Section 9(j) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.

  • No Inconsistent Agreements Neither the Company nor any of its Subsidiaries has entered, as of the date hereof, nor shall the Company or any of its Subsidiaries, on or after the date of this Agreement, enter into any agreement with respect to its securities, that would have the effect of impairing the rights granted to the Holders in this Agreement or otherwise conflicts with the provisions hereof. Except as set forth on Schedule 6(i), neither the Company nor any of its Subsidiaries has previously entered into any agreement granting any registration rights with respect to any of its securities to any Person that have not been satisfied in full.

  • Shareholders Agreements Any agreement by and between the Shareholder and any Affiliate of the Company;

  • Transfer on the Company's Books Until this Warrant is transferred on the books of the Company, the Company may treat the registered holder hereof as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary.

  • Selected Dealers Agreements (a) The Distributor shall have the right to enter into selected dealer agreements with Selected Dealers for the sale of Shares. In making agreements with Selected Dealers, the Distributor shall act only as principal and not as agent for a Fund. Shares sold to Selected Dealers shall be for resale by such dealers only at the public offering price set forth in the Prospectus. With respect to Class A Shares, in such agreement the Distributor shall have the right to fix the portion of the applicable front-end sales charge which may be allocated to the Selected Dealers. (b) Within the United States, the Distributor shall offer and sell Shares only to Selected Dealers that are members in good standing of the NASD. (c) The Distributor shall adopt and follow procedures, as approved by each Fund, for the confirmation of sales of its Shares to investors and Selected Dealers, the collection of amounts payable by investors and Selected Dealers on such sales, and the cancellation of unsettled transactions, as may be necessary to comply with the requirements of the NASD, as such requirements may from time to time exist.

  • Underwriter Agreements The Company is not a party to any agreement with an agent or underwriter for any other “at-the-market” or continuous equity transaction.

  • Reliance and engagement letters Each Finance Party and Secured Party confirms that each of the Arranger and the Agent has authority to accept on its behalf (and ratifies the acceptance on its behalf of any letters or reports already accepted by the Arranger or Agent) the terms of any reliance letter or engagement letters relating to the Reports or any reports or letters provided by accountants in connection with the Finance Documents or the transactions contemplated in the Finance Documents and to bind it in respect of those Reports, reports or letters and to sign such letters on its behalf and further confirms that it accepts the terms and qualifications set out in such letters.

  • Adverse Agreements Company is not, and will not be as of the Closing Date, a party to any agreement or instrument or subject to any charter or other corporate restriction or any judgment, order, writ, injunction, decree, rule or regulation that materially and adversely affects the condition (financial or otherwise), operations, assets, liabilities, business or prospects of Company, the Business or the Assets.

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