U S E S. FIRST: SUBJECT OF THE AGREEMENT Bid Offer Advance Payment Performance
U S E S. FIRST. “TERM OF THE AGREEMENT”. The present Labor Agreement is executed for an Indefinite Term and may not be modified, suspended, breached, or terminated if not by the parties’ mutual agreement or as provided by the Federal Labor Law and its applicable regulations. The “EMPLOYEE” will commence its services as AVP Transportation of the “COMPANY” on March 15 of 2006.
U S E S. Cláusula 1.
U S E S. I. SCOPE OF LEASE AGREEMENT. On the express terms and conditions set forth hereinafter, the scope of this Lease Agreement is as follows: PIMSA hereby leases to COMPANY and COMPANY hereby leases from PIMSA the land in the Industrial Park as described on EXHIBIT "B", which is attached hereto and made a part hereof, and PIMSA's Improvements as more specifically described hereinafter in this Lease Agreement.
U S E S. The deadline to sign this agreement will be January 2nd (or August 2nd), year 20 , and once the due date has expired, this agreement will be considered as accepted and signed by both Parties.
U S E S. FIRST. The Trustor hereby irrevocably delivers and transfers to the Trustee, and the Trustee hereby receives and accepts delivery of the the share certificate representing the SBC Shares, in the trust and for the purposes set forth in this Agreement. The Trustee shall then grant to the Trustor the receipt that corresponds to the assets held in this trust. At any time, the Beneficiary may transfer to this Trust additional Series "AA" shares of Telmex in order to fulfill the purposes of this trust, and such shares shall become assets of this trust; provided, that the Beneficiary shall not transfer to this trust a higher percentage of Series "AA" shares than that allowed by Telmex's bylaws.
U S E S. FIRST: PURPOSE OF THE
U S E S. Clause 1. Purpose of This Amendment.
1.1 The purpose of this Amendment is to eliminate Clause 6.2 of the Agreement and amend Clause 6.4 of the Agreement to read as follows:
U S E S. 1.- Both parties are in agreement that the following abbreviations shall be used throughout the contract, "NORTH AMERICAN SHOE COMPANY S.A. DE C.V." shall be denoted by "THE COMPANY", the NORTH AMERICAN SHOE COMPANY WORKERS UNION "NASCO" shall be referred to as THE UNION and "THE LAW" shall be used to refer to the Federal Labor Law. 2.- Both parties mutually recognize their jurisdictional rights with all of the legal consequences inherent to said recognition and agree that the present contract shall determine their relationship conferring on THE COMPANY the right to direct and manage all that is not covered by the present contract.
U S E S. FIRST. “THE DURATION OF THIS AGREEMENT”. This Employment Agreement shall be executed for an indefinite period and may only be amended, suspended, rescinded, or terminated by the mutual agreement of the parties or under the terms set forth by the Federal Labor Law, and applicable regulations. The “EMPLOYEE” shall assume their duties as Vice-President of Operations for the “COMPANY” on January 1, 2006. The date of May 15, 2000 is hereby recognized for the purposes of the calculation of seniority. In the event the “COMPANY” terminates this Employment Agreement without just cause, the “COMPANY” and the “EMPLOYEE” hereby agree that the sole obligation of the “COMPANY” shall be to pay the “EMPLOYEE” a severance amount equal to one year base salary and any additional payment made to the “EMPLOYEE” as severance under the terms of the Federal Labor Law, respective applicable regulations, and this agreement, shall be included in the aforementioned severance amount of one year base salary, with the understanding that in the event the payment of one year’s salary were to represent an amount less than that awarded by the benefits conceded by law, the employee shall receive payment for said difference, without this in any manner being considered payment of lost wages, as said payment will be made on the date of termination.
