Corporate Constitution definition
Examples of Corporate Constitution in a sentence
The ERRC will review the issues and seek a satisfactory resolution, giving due consideration to the needs of the Employees and the Company and shall be consistent with the Employee’s Charter, Corporate Constitution, the Framework of Fairness and this Agreement.
CAW Attention: Hemi Mitic During negotiations, the parties discussed the Company’s existing practice of conducting anonymous employee opinion surveys (“EOS”) at its divisions to determine employees’ satisfaction regarding management’s performance in upholding the principles of the Employee’s Charter, the Corporate Constitution, the Framework of Fairness Agreement and the collective bargaining agreement (the “Agreement”), as well as the conditions under which employees work.
Should a matter be advanced to the full CRSC, the Committee shall review the issues and seek a satisfactory resolution, giving due consideration to the needs of the employees and the Company and such resolution shall be consistent with the Employee’s Charter, Corporate Constitution and the National Agreement.
CAW Attention: Xxxx Xxxxx During negotiations, the parties discussed the Company’s existing practice of conducting anonymous employee opinion surveys (“EOS”) at its divisions to determine employees’ satisfaction regarding management’s performance in upholding the principles of the Employee’s Charter, the Corporate Constitution, the Framework of Fairness Agreement and the collective bargaining agreement (the “Agreement”), as well as the conditions under which employees work.
The Company’s Corporate Constitution requires that 10% of its qualifying pre-tax profit before profit sharing (defined in its Corporate Constitution) for any fiscal period be allocated to an Employee Equity and Profit Participation Program (“EEPPP”) consisting of the Company’s deferred profit sharing plans and cash disbursements to eligible employees of the Company.
The Company shall have obtained necessary consents by the board and shareholders of the Company to approve this Agreement and other Transaction Documents and the transactions contemplated hereby and thereby (including, without limitation, the issuance and conversion of the Note), as required in the Corporate Constitution and applicable laws, and a copy of such approval shall be provided to the Investor.
This Warrant shall be governed by and construed under the laws of the State of California as applied to agreements among California residents, made and to be performed entirely within the State of California, except for provisions that apply to the regulation of the Company as a Delaware corporation, in which case Delaware General Corporate Law shall apply.
During 2001, Magna amended its Corporate Constitution to allow for the required contributions under its corporate constitution to be made to certain defined benefit pension plans in addition to the Magna deferred profit sharing plan and cash distributions to eligible employees.
The Corporate Constitution also allows for the required contributions to be made to certain defined benefit pension plans in addition to the Company’s deferred profit sharing plan and cash distributions to eligible employees.
This requires substantial upfront investment in research and development and increased risk taking which must be recouped.