Examples of APS in a sentence
The Company shall pay APS a retainer of $700,000 ($350,000 for each interim Executive Officer position) to be applied against Fees and expenses as set forth in this Schedule and in accordance with Section 2 of the General Terms and Conditions.
During the term of this Agreement and for a period of six months after the final invoice is rendered by APS with respect to this engagement (the “Restrictive Period”), the Company and its affiliates agree not to directly or indirectly hire, contract with, or solicit the employment of any of APS’s then current Managing Directors, Directors, or other employees/ contractors the Company or its affiliates had interactions with or gained knowledge about as a result of the services provided under this Agreement.
In addition to the above indemnification, APS employees serving as directors or officers of the Company or affiliates will receive the benefit of the most favorable indemnification provisions provided by the Company to its directors, officers and any equivalently placed employees, whether under the Company’s charter or by-laws, by contract or otherwise.
The Company acknowledges that it is retaining APS solely to assist and advise the Company as described in the Agreement.
APS shall pay damages and expenses as incurred, including reasonable legal fees and disbursements of counsel.