Executives and Key Employees definition

Executives and Key Employees means the senior officers and employees of TX International at various posts, including but not limited to chief executive officer, chief operating officer, chief engineer, financial controller, plant manger, who play critical role to TX China's business.
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Executives and Key Employees means the senior officers and employees of TX International at various posts, including but not limited to chief executive officer, chief operating officer, chief engineer, financial controller, plant manger, who play critical role to TX China's business. "Governmental Authority" shall mean any PRC or non-PRC national, supranational, state, provincial, local or similar government, governmental, regulatory or administrative authority, agency or commission or any court, tribunal or <PAGE> judicial or arbitral body. "TX China" shall mean Hunan TX Enterprise Co., Ltd. "Intellectual Property" shall mean patents, copyrights, trademarks and service marks, exclusive of know-how, trade secrete, and confidential and proprietary processes and technology. "Laws" shall mean all applicable statutes, rules, regulations, ordinances, orders, writs, injunctions, judgments, decrees and awards of the PRC, USA or other applicable jurisdictions. "Liabilities" of any Person shall mean all obligations of such Person (i) for borrowed money, (ii) evidenced by notes, bonds, debentures or similar instruments, (iii) for the deferred purchase price of goods or services (other than trade payables, installment payments or accruals incurred in the ordinary course of business), (iv) under capital leases, or (v) in the nature of guarantees of the obligations described in clauses (i) through (iv) above of any other Person. "Major Assets" shall mean any tangible and intangible assets owned by TX China or TX China subsidiaries worth RMB 1,000,000 or more. "Memorandum and Articles" shall mean the Memorandum and Articles of Association of TX International mutually agreed by AAAC and TX China. <PAGE> "Permits" shall mean all governmental registrations, licenses, permits, authorizations and approvals. "Person" shall mean an individual, partnership, corporation, joint venture, unincorporated organization, cooperative or a governmental entity or agency thereof. "PRC" shall mean the People's Republic of China, for the purposes of this Agreement, excluding the Hong Kong Special Administrative Region and the Macao Special Administrative Region and Taiwan. "Representatives" of either Party shall mean such Party's employees, accountants, auditors, actuaries, counsel, financial advisors, bankers, investment bankers and consultants. "RMB" shall mean the official currency of the PRC. "Securities Act" shall mean the US Securities Act of 1933, as amended. "Security Interest" shall mean any mortgage, pledge, a...
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Examples of Executives and Key Employees in a sentence

  • The Company will obtain at Company expense, life insurance and reasonable disability policies for Executives and Key Employees and Executive shall participate therein on a basis comparable to other executives.

  • At the first board meeting of TX International, the Board will discuss and decide upon an incentive plan with certain Executives and Key Employees to urge TX China to achieve a predetermined level of net income for fiscal years 2008 and 2009.

  • AAAC shall execute Key Employees Employment Agreements with certain Executives and Key Employees by issuing stocks of AAAC according to its compensation plan, incentive plan, and stock option (warrant) plan, as AAAC considers necessary.

  • Employment Agreement AAAC shall execute Key Employees Employment Agreements with certain Executives and Key Employees by issuing stocks of AAAC according to its compensation plan, incentive plan, and stock option (warrant) plan, as AAAC considers necessary.

  • This Indemnification Agreement (Executives and Key Employees) (this “Agreement”) is made and entered into on [ ], by and between ▇▇▇▇▇▇▇ Biotech, Inc., a Delaware corporation with a principal business address of ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Suite 701, Pittsburg, PA 15203 (the “Company”), and [ ], an individual resident of the State of [ ] with a residential address as set forth on the signature page hereto (“Indemnitee”), to be effective as of [ ], 20[ ] (the “Effective Date”).

  • All of the Founders, Key Executives and Key Employees (1) shall have satisfied Buyer’s customary employee background investigation (which includes the absence of a record of any criminal conviction in all applicable court and police records), (2) shall have executed Buyer’s Inventions and Proprietary Rights Assignment Agreement and Code of Conduct, and (3) if currently working in the United States, shall be eligible to work in the United States.

  • EXECUTIVE shall be entitled to vest any unvested stock options which have been granted to the EXECUTIVE under the Company's various Stock Option Plans for Executives and Key Employees, (the "Stock Option Plans"), through December 31, 1998.

  • At the first board meeting of TX International, the Board will <PAGE> discuss and decide upon an incentive plan with certain Executives and Key Employees to urge TX China to achieve a predetermined level of net income for fiscal years 2008 and 2009.