Existing CIC Agreement definition

Existing CIC Agreement shall have the meaning set forth in the recitals hereof.
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Examples of Existing CIC Agreement in a sentence

  • Effective as of the Effective Date, the Existing CIC Agreement shall terminate and shall cease to be of any further force or effect.

  • Effective as of the Effective Date, the Existing CIC Agreement shall terminate and shall cease to be of any further force or effect and the Executive waives all rights that may have accrued thereunder.

  • The Existing CIC Agreement is hereby terminated and replaced in its entirely by this Agreement; and the Existing CIC Agreement shall be of no further force and effect.

  • The Existing CIC Agreement shall be of no further force or effect upon the occurrence of the Separation and the Executive waives all rights that may have accrued thereunder.

  • Xxxxxxx Date: March 1, 2018 Parent hereby acknowledges and agrees to perform all of its obligations hereunder, including without limitation obligations with respect to the Board hereunder and with respect to Stock and all options, stock appreciation rights, and/or other stock rights held by Executive; and (ii) termination of the Existing CIC Agreement.

  • No benefits shall be provided under this Agreement to the extent already provided under the Existing CIC Agreement.

  • The Existing CIC Agreement shall continue in effect in accordance with its terms, subject to any termination thereof in accordance with its terms.

  • This Agreement does not supersede the Existing CIC Agreement but is an additional benefit being entered into between the Executive and the Company.

  • On and following the second anniversary of the Effective Date, Executive’s employment with the Company (if any) shall be at will and, subject to the terms of the Existing CIC Agreement if still then in effect and any other applicable policies of the Company that may then be in effect, Executive shall not be entitled during such period to severance payments upon termination of employment.

  • However, in the event of a subsequent change in the ownership or effective control of Newco following the Merger, if any payments under this Agreement at any time would constitute “excess parachute” payments under Section 280G Code, Newco’s obligations to you with respect to such payments will be determined in accordance with applicable provisions of your Existing CIC Agreement which require that you be provided with a gross-up for any excise taxes imposed under Sections 280G and 4999 of the Code.

Related to Existing CIC Agreement

  • Existing Agreement has the meaning set forth in the Recitals.

  • Existing Agreements has the meaning as set forth in Section 3.2 hereof.

  • Original Agreement has the meaning set forth in the recitals.

  • Existing LLC Agreement is defined in the recitals to this Agreement.

  • Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement, dated as of July 17, 2015, by and among the Borrower, the other Loan Parties, the Administrative Agent, the Lenders party thereto and the other parties thereto.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Employment Agreement means any employment, severance, retention, termination, indemnification, change in control or similar agreement between the Company or any of its Subsidiaries, on the one hand, and any current or former employee of the Company or any of its Subsidiaries, on the other hand.

  • Prior Agreement has the meaning set forth in the Recitals.

  • Existing Credit Agreement as defined in the recitals hereto.

  • Severance Agreement means the Amended and Restated Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Existing Confidentiality Agreement means, collectively, the Non-Disclosure Agreement between FibroGen and AstraZeneca dated June 21, 2012, as amended February 7, 2013, and May 23, 2013, and the Non-Disclosure Agreement between FibroGen and AstraZeneca dated April 1, 2013.

  • Initial Agreement has the meaning set forth in the recitals to this Agreement.

  • Original LLC Agreement has the meaning set forth in the recitals to this Agreement.

  • Existing Security Agreement has the meaning set forth in the recitals hereto.

  • Continuing Disclosure Agreement means the Continuing Disclosure Agreement, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Fiscal Officer in accordance with Section 6, which shall constitute the continuing disclosure agreement made by the City for the benefit of holders and beneficial owners of the Bonds in accordance with the Rule.

  • Offer Letter means the letter given to the Trainee providing him/her with an offer to join Infosys after the successful completion of the Program as a full-time employee in the capacity of a systems engineer, subject to terms and conditions contained in the offer letter.

  • Additional Agreement has the meaning assigned to such term in Article 8.

  • Existing Credit Agreements means, collectively, that certain (a) Amended and Restated Revolving Credit Agreement dated as of September 25, 2015 among the Borrower, Citibank, N.A., as administrative agent, and the lenders from time to time party thereto, and (b) Credit Agreement dated as of October 30, 2017 among the Target, Bank of America, N.A., as administrative agent, the guarantors party thereto and the lenders from time to time party thereto.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Existing Term Loan Agreement means that certain Term Loan Agreement, dated as of April 9, 2020, by and among the Borrower, the lenders from time to time party thereto and Crédit Agricole Corporate and Investment Bank, as administrative agent for the lenders, as amended, modified, supplemented or replaced from time to time.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Acquisition Agreements has the meaning specified in the Recitals.

  • the first supplementary agreement means the agreement of which a copy is set out in the Second Schedule;