Examples of Parent Executive in a sentence
This Agreement shall be binding upon and inure to the benefit of the Company, Parent, Executive and their respective successors, assigns, personnel and legal representatives, executors, administrators, heirs, distributees, devisees, and legatees, as applicable.
All Purchased Shares, shares purchased pursuant to the Investment Bonus, Restricted Shares, the Option Grant and Common Stock held by Executive pursuant to the vesting of Restricted Shares and the exercise of the Option Grant will be subject to the terms and conditions of the Management Investor Rights Agreement by and among the Parent, Executive, and other signatories thereto (the “Management Investor Rights Agreement”), including the restrictive covenants contained in Annex I to Section 8 thereof.
At the request and cost of the Parent, Executive agrees to execute any documents and take any actions that may be required to effect and confirm such transfer and assignment and waiver.
All Purchased Shares, shares purchased pursuant to the Restricted Shares, the Option Grant and Common Stock held by Executive pursuant to the vesting of Restricted Shares and the exercise of the Option Grant will be subject to the terms and conditions of the Management Investor Rights Agreement by and among the Parent, Executive, and other signatories thereto (the “Management Investor Rights Agreement”), including the restrictive covenants contained in Annex I to Section 8 thereof.
As a condition of receiving payments or benefits provided for in this Agreement, at the request of Company or Parent, Executive shall execute and deliver for the benefit of Company and Parent, and any subsidiary or affiliate of Company or Parent, a general release in the form set forth in Attachment A, and such release shall become effective in accordance with its terms.
In light of such reliance and expectation on the part of Company and Parent, Executive agrees to the provisions set forth below.
The parties hereby delegate to the Parent Executive Vice President-Human Resources, for periods before the Distribution Date, the authority to determine an appropriate methodology for adjusting such grants or awards in a manner that is, to the extent possible, consistent with the treatment of such awards and grants for U.S. employees.
The Association is governed by the bylaws of the Association and has a Parent Executive Board (also known as the “Board”) of elected officers who hold the roles of President, Vice-President, Secretary, Treasurer or Co-Treasurer, Fundraising Coordinator, and Registrar or Co-Registrar.
Except as provided in this Agreement, effective Immediately after the Distribution Date, ElderCare shall assume and be solely responsible for all liabilities to or relating to ElderCare Individuals under all Parent Executive Benefit Plans.
Further, the Parties acknowledge and agree that if Executive is terminated within twelve (12) months following the Effective Date and/or within three (3) months prior or twelve (12) months following a Change in Control of Parent, Executive will be entitled to severance benefits pursuant to Section 9(b) of the Employment Agreement.