Transactions with Employees Sample Clauses
The "Transactions with Employees" clause governs the terms under which a company may enter into business transactions with its own employees. Typically, this clause outlines the procedures for approving such transactions, sets standards to prevent conflicts of interest, and may require disclosure or board approval for deals involving employees. By establishing clear guidelines, the clause helps ensure transparency and fairness, reducing the risk of self-dealing or unethical conduct within the organization.
Transactions with Employees. Except as set forth on Schedule 4.13, neither Asset Seller nor any Company has, or is currently, engaged in any transaction and is not a party to any contract with any employee, manager, member, director or officer of the Division or any Company or any of their affiliates, other than employment related agreements entered into in the ordinary course of business and listed on Schedules 4.8 or 4.9.
Transactions with Employees. Any amount paid, loaned or advanced by CCBG or any Subsidiary or asset transferred or leased to any employee by CCBG or any Subsidiary, except for normal compensation involving salary, wages and benefits and advances for work-related expenses;
Transactions with Employees. Any amount paid, loaned or advanced by TBG or its Subsidiary or asset transferred or leased to any employee by TBG or its Subsidiary, except for normal compensation involving salary, wages and
Transactions with Employees. None of the current officers or directors of the Company or any subsidiary and, to the knowledge of the Company, none of the current employees of the Company or any subsidiary, is presently a party to any transaction with the Company or any subsidiary (other than for services as employees, officers and directors), including any contract, agreement or other arrangement providing for the furnishing of services to or by, providing for rental of real or personal property to or from, providing for the borrowing of money from or lending of money to or otherwise requiring payments to or from, any officer, director or such employee or, to the knowledge of the Company, any entity in which any current officer, director, or any such employee has a substantial interest or is an officer, director, trustee, shareholder, member or partner, in each case in excess of $250,000 other than for (i) payment of salary or consulting fees for services rendered, (ii) reimbursement for expenses incurred on behalf of the Company and (iii) other employee benefits, including but not limited to equity award agreements under any equity incentive plan of the Company.
Transactions with Employees. Except as set forth in the SEC Reports and any purchase of the Units, none of the officers or directors of the Company and, to the knowledge of the Company, none of the employees of the Company is presently a party to any transaction with the Company or any Subsidiary (other than for services as employees, officers and directors), including any contract, agreement or other arrangement providing for the furnishing of services to or by, providing for rental of real or personal property to or from, or otherwise requiring payments to or from any officer, director or such employee or, to the knowledge of the Company, any entity in which any officer, director, or any such employee has a substantial interest or is an officer, director, trustee or partner, in each case in excess of $60,000 other than (i) for payment of salary or consulting fees for services rendered, (ii) reimbursement for expenses incurred on behalf of the Company and (iii) for other employee benefits, including stock option agreements under any stock option plan of the Company.
Transactions with Employees. Except as described in the Registration Statement, Preliminary Prospectus Supplement or the Prospectus Supplement, none of the officers or directors of the Company or any Subsidiary and, to the knowledge of the Company, none of the employees of the Company or any Subsidiary is presently a party to any transaction with the Company or any Subsidiary (other than for services as employees, officers and directors), including any contract, agreement or other arrangement providing for the furnishing of services to or by, providing for rental of real or personal property to or from, providing for the borrowing of money from or lending of money to or otherwise requiring payments to or from, any officer, director or such employee or, to the knowledge of the Company, any entity in which any officer, director, or any such employee has a substantial interest or is an officer, director, trustee, stockholder, member or partner, in each case in excess of $120,000 other than for (i) payment of salary or consulting fees for services rendered, (ii) reimbursement for expenses incurred on behalf of the Company and (iii) other employee benefits, including stock option agreements under any stock option plan of the Company, other than as disclosed in the Company’s financial statements.
Transactions with Employees. Notwithstanding anything in this Article V to the contrary, the Company may enter into Employee Agreements with the Company Employees to the effect that the Company Employees will, pursuant to stock grants and/or the exercise of outstanding stock options, all without payment of any cash consideration upon such grants or exercises, hold approximately 38% of the Company Shares immediately prior to the Effective Time of the Merger. Such Employee Agreements shall be substantially in the form attached hereto as Exhibit B and will contain provisions regarding the Company's right to inventions and release of the Company from liability.
Transactions with Employees. Except as set forth on Schedule 3.1(r), none of the officers or directors of the Company or any Subsidiary and, to the knowledge of the Company, none of the employees of the Company or any Subsidiary is presently a party to any transaction with the Company or any Subsidiary (other than for services as employees, officers and directors), including any contract, agreement or other arrangement providing for the furnishing of services to or by, providing for rental of real or personal property to or from, providing for the borrowing of money from or lending of money to or otherwise requiring payments to or from any officer, director or such employee or, to the knowledge of the Company, any entity in which any officer, director, or any such employee has a substantial interest or is an officer, director, trustee, stockholder, member or partner, in each case in excess of $120,000 other than for (i) payment of salary or consulting fees for services rendered, (ii) reimbursement for expenses incurred on behalf of the Company and (iii) other employee benefits, including stock option agreements under any stock option plan of the Company.