Examples of Nortel Networks Companies in a sentence
Unless the Committee determines otherwise, no notice of termination or payment in lieu thereof shall extend the period of employment for purposes of this Plan.The Committee and/or the Administrator may adopt and apply rules that in its opinion will ensure that Nortel Networks Companies will be able to comply with applicable provisions of any federal, provincial, state or local law relating to the withholding of tax, including on the amount, if any, included in income of a Participant.
No employee shall have any claim or right to receive Grants under the Plan, and the Grant and issuance of RSUs under the Plan shall not be construed as giving a Participant any right to continue in the employment of Nortel Networks Companies or to receive any additional Grants, or affect the right of Nortel Networks Companies to terminate the employment of any Participant.
Nortel Networks Companies or the Administrator may withhold from any amount payable to a Participant, either under this Plan, or otherwise, such amount as may be necessary so as to ensure that Nortel Networks Companies will be able to comply with applicable provisions of any federal, provincial, state or local law relating to withholding of tax or other required deductions, including on the amount, if any, includable in the income of a Participant.
Notwithstanding the foregoing, in the event that a Participant is employed by one or more Nortel Networks Companies other than the Corporation, the Corporation may request reimbursement from each such Nortel Networks Company of an amount equal to that portion of the costs of the Plan which the Corporation determines may reasonably be attributed to such Participant’s employment with any such Nortel Networks Company.
Nortel Networks Companies or the Administrator shall, in this connection, have the right in its discretion to satisfy any such withholding tax liability by retaining or acquiring any Shares which would otherwise be issued or provided to a Participant hereunder, or withholding any portion of any cash amount payable to a Participant hereunder.
Nortel Networks and Nortel Networks Companies shall be additional insureds under such insurance policy.
EDI transactions shall be made through a third-party computer network with which the Nortel Networks Companies and Supplier have a services agreement ("Network").
Except with respect to the Nortel Networks Companies and Arris Group, Inc., Seller does not own, either directly or indirectly, any material equity interest (which for the purpose of this Section shall mean 20% of the outstanding voting securities) in any Customer, or any organization which has an agreement with Seller relating to the manufacture, sale or support of the Products.
This Agreement shall not be construed to create or to authorize the creation of any employment, partnership or agency relation, or to authorize Nortel Networks, Nortel Networks Companies or Avanex to enter into or make any commitment, agreement, representation or warranty binding on the other, or to allow one Party to accept service of any legal process addressed to, or intended for, the other Party.
EDI transactions shall be made through a third-party computer network with which the Nortel Networks Companies and Avanex have a services agreement ("Network").