Examples of Applicable Companies in a sentence
The Executive’s employment with, provision of services to, or status as the Chief Legal Officer of any of the Applicable Companies other than Employer may be terminated at any time, with or without cause or for any reason at all, and without any liability to the Executive, it being acknowledged that the provisions of this Section 5 do not apply to any such termination.
Following the Closing, the Applicable Companies shall use their best efforts to prohibit any of their direct or indirect subsidiaries from taking any action that is or is reasonably likely to be material to the Applicable Companies without the prior approval of the board of directors of the Applicable Companies.
Starting at the Effective Date, the Applicable Companies for the Goodyear, Coldwater, Friendly (Alumitech), and Saginaw facilities shall maintain an OM&M Plan and SSMP for their respective Covered Facilities that meet the requirements of 40 C.F.R. §§ 63.1510(b), 63.6(e)(3), and 63.1516(a), and that are updated to reflect the results of the relevant performance tests conducted prior to the Effective Date.
Holdings and the Shareholders desire to enter into this Agreement to govern certain rights and obligations of Holdings and the Shareholders with respect to the governance of the Applicable Companies (as defined below) and the Holdings Shares immediately following the Closing.
In no event will the Applicable Companies be liable for any additional tax, interest or penalties that may be imposed on the Executive under Section 409A of the Code or for any damages for failing to comply with Section 409A of the Code.
The compensation payable to the Executive pursuant to this Agreement, together with the Multi-Year Options and the Performance RSUs, constitutes 6 the entire compensation to which Executive is entitled in respect of the services to be provided by the Executive to the Applicable Companies, Starz and any other entities to which Executive provides services at the request of the Company in accordance with Section 3.1(b) of this Agreement.
Confidential complaints will not be accepted from Applicable Companies.
For all services that Executive renders to, or at the direction of, Employer pursuant to this Agreement, including in respect of the other Applicable Companies, the Executive’s initial base salary is $901,000 per annum during the Employment Period (the “Base Salary”).
To Holdings’ knowledge, there is no action, suit, arbitration, unsatisfied order or judgment, government investigation or proceeding pending against Holdings or any of the Applicable Companies which, if adversely determined, could individually or in the aggregate materially interfere with the issuance of the Membership Interests to HomeFed or the business, operations, properties, assets or financial condition of Holdings or any of the Applicable Companies.
This will be achieved by raising the awareness of the employees of the Applicable Companies (the “Employees”) toward the business performance and stock value of the Company.