GP Strategies definition
Examples of GP Strategies in a sentence
GP Strategies may modify, alter, terminate or otherwise change any benefit plan it has in effect at any time, to the extent permitted by law.
In this connection, each of Amen▇▇▇▇ ▇▇▇ GP Strategies understands that it is the position of the SEC that the statutory basis for such exemption would not be present if his or its representation merely meant that his or its present intention was to hold such securities for a short period, such as the capital gains period of tax statutes, for a deferred sale, for a market rise, assuming a market develops, or for any other fixed period.
GP Strategies and the Company hereby agree that the Assignment and Assumption of License Agreement is terminated concurrently with the termination of the License Agreement.
If GP Strategies terminates Employee’s employment for Cause then GP Strategies shall pay a pro rata portion of the Base Salary through the date of termination only and, except as provided by law or the terms of the applicable benefit plan, provide the other benefits set forth in section 4 through the date of termination only.
Five Star and GP Strategies shall each timely remit or cause to be remitted any Taxes due in respect of any Tax for which it is required to file a Return hereunder and shall be entitled to reimbursement for such payments only to the extent provided in Section 2(c).
Each of Amen▇▇▇▇ ▇▇▇ GP Strategies understands that even if a public market were to exist following the Company's proposed initial public offering for the Common Stock, Rule 144 (the "Rule") promulgated under the Act requires, among other conditions, a one year holding period prior to the resale (in limited amounts) of securities acquired in a nonpublic offering without having to satisfy the registration requirements under the Act.
During the Non-Competition Period Employee shall notify GP Strategies of the identity of any employer of Employee within 5 days after accepting employment and shall provide such employer with a copy of this section 9 upon or prior to being hired.
Such cooperation shall include making available, on a reasonable basis, employees of GP Strategies or Five Star, as the case may be, whose out-of-pocket costs, if any, such as travel and lodging, shall be reimbursed by the party to which such employees are made available.
At the end of the Employment Period, Employee shall promptly return to GP Strategies all Records and copies thereof which are in Employee’s possession or control without retaining any copies thereof.
During any period in which Employee is eligible to receive salary replacement payments under the provisions of any benefit plan(s) sponsored or maintained by GP Strategies, the Base Salary will be reduced by an amount equal to the amount of benefits paid or payable under such plan(s).