Treatment of Changes in Operations Sample Clauses

Treatment of Changes in Operations. The targets used herein are based on the existing operations of the Company, as such may change in the ordinary course of business. The targets may be adjusted for any extraordinary changes including, but not limited to, product transfers to/from the Company and significant new investment in product development funded by Thomson.
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Treatment of Changes in Operations. The targets used herein are based on the existing operations of the Company, as such may change in the ordinary course of business. The targets may be adjusted for any extraordinary changes including, but not limited to, product transfers to/from the Company and significant new investment in product development funded by Thomson. 10 C. Payment: Payment of LTIP pursuant to Section 3.3(a) and this Schedule 2 shall be made as soon as practicable after the determination of Revenue and Operating Income for the relevant period as provided above (but in no event later than ninety days after year end) and shall be subject to required withholdings. 11 SCHEDULE 3 Minimum Company Financial Performance Criteria: The Company's minimum financial performance criteria require that Revenue and Operating Income for each calendar year during the Term must exceed the previous year's Revenue and Operating Income by at least 5% and 10% respectively. The calculation for 1996 will be based on the Company's fiscal year 1995 results, except that in no event will the minimum Revenue and Operating Income requirements for 1996 be less than $20 million and $3.75 million respectively. Notwithstanding the foregoing, if the minimum growth rates are not met but the Company's overall performance exceeds the financial targets included in Schedule 1 (Section B.), then the Company's financial performance will be considered acceptable for purposes of this Schedule. 12 Attachment A CONSULTING AGREEMENT CONSULTING AGREEMENT (the "Agreement"), dated January __, 1996 between Thomson Information Services, Inc. (the "Company") and Robexx X. Xxxxx, Xx. (xxe "Consultant"). The Consultant has served as a key executive of SCS/Compute, Inc., an affiliate of the Company, and in recognition thereof it is the desire of the Company and the Consultant to enter into this Agreement in order to ensure that the services and advice of the Consultant will be available to the Company for the term of the Agreement and to reward the Consultant for his continuing contributions to the success of the Company on the terms and subject to the conditions hereinafter set forth. Accordingly, the parties agree as follows:

Related to Treatment of Changes in Operations

  • Changes in Management Except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, none of the persons who were officers or directors of the Company as of the date of the Pre-Pricing Prospectus has given oral or written notice to the Company or any of its subsidiaries of his or her resignation (or otherwise indicated to the Company or any of its subsidiaries an intention to resign within the next 24 months), nor has any such officer or director been terminated by the Company or otherwise removed from his or her office or from the board of directors, as the case may be (including, without limitation, any such termination or removal which is to be effective as of a future date) nor is any such termination or removal under consideration by the Company or its board of directors.

  • Changes in Name, etc Such Grantor will not, except upon 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of all additional executed financing statements and other documents reasonably requested by the Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein, (i) change its jurisdiction of organization or the location of its chief executive office or sole place of business or principal residence from that referred to in Section 4.3 or (ii) change its name.

  • Changes in Business, Management Control, or Business Locations. (a) Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Co-Borrowers and such Subsidiary, as applicable, or reasonably related thereto; (b) liquidate or dissolve; (c) fail to provide notice to Bank of any Key Person departing from or ceasing to be employed by a Co-Borrower within five (5) days after his or her departure from such Co-Borrower; or (d) permit or suffer any Change in Control. No Co-Borrower shall, without at least thirty (30) days prior written notice to Bank: (1) add any new offices or business locations, including warehouses (unless such new offices or business locations contain less than Two Hundred Fifty Thousand Dollars ($250,000) in such Co-Borrower’s assets or property) or deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Two Hundred Fifty Thousand Dollars ($250,000) to a bailee at a location other than to a bailee and at a location already disclosed in the Perfection Certificate, (2) change its jurisdiction of organization, (3) change its organizational structure or type, (4) change its legal name, or (5) change any organizational number (if any) assigned by its jurisdiction of organization. If a Co-Borrower intends to deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Two Hundred Fifty Thousand Dollars ($250,000) to a landlord or bailee, and Bank and such landlord/bailee are not already parties to a landlord/bailee agreement governing both the Collateral and the location to which such Co-Borrower intends to deliver the Collateral, then such Co-Borrower will use commercially reasonable efforts to have such landlord/bailee execute and deliver a landlord/bailee agreement in form and substance reasonably satisfactory to Bank.

  • Changes in General Partner 7.1 Transfer of the General Partner’s Partnership Interest.

  • Changes in Nature of Business Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement.

  • Changes in Business The Borrower and the Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted by the Borrower and the Subsidiaries, taken as a whole, on the 2014 July Repricing Effective Date and other business activities incidental or reasonably related to any of the foregoing.

  • Changes in the Work 6.1 Adjustments to the Guaranteed Maximum Price on account of changes in the Work may be determined by any of the methods listed in Subparagraph 7.3.3

  • Changes in Control (a) Notwithstanding any other provision in this Agreement to the contrary, all unvested options outstanding under this Agreement shall immediately vest and become exercisable upon a Change in Control.

  • Changes in Fiscal Year Make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

  • Changes in Locations, Name, etc Such Grantor shall not, except upon 30 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of (a) all additional financing statements and other documents reasonably requested by the Administrative Agent as to the validity, perfection and priority of the security interests provided for herein and (b) if applicable, a written supplement to Schedule 4 showing any additional location at which Inventory or Equipment shall be kept:

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