Participation and Restrictive Covenant Agreement definition

Participation and Restrictive Covenant Agreement means the written agreement evidencing participation under this Plan and the restrictive covenants being agreed to as a condition to participate in this Plan between the Company and the applicable employee.
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Examples of Participation and Restrictive Covenant Agreement in a sentence

  • Each Participant’s participation in this Plan is conditioned upon Participant’s execution of a Participation and Restrictive Covenant Agreement within thirty (30) days after such agreement is delivered to such Participant (or such later date as permitted by the Plan Administrator).

  • The Plan Administrator shall from time to time, in its sole discretion, select and designate in writing, which of the Company’s (including any of its Affiliates) employees are eligible to participate in this Plan and such employee shall become a Participant under this Plan conditioned upon accepting and executing a Participation and Restrictive Covenant Agreement within 30 days after such agreement is delivered to such employee.

  • The Committee shall from time to time, in its sole discretion, select and designate in writing, which of the Company’s (including any of its Affiliates) employees are eligible to participate in this Plan and such employee shall become a Participant under this Plan conditioned upon accepting and executing a Participation and Restrictive Covenant Agreement within thirty (30) days after such agreement is delivered to such employee.

  • In the event the Participant breaches the Participation and Restrictive Covenant Agreement, the Participant shall forfeit and return to the Company all amounts and benefits paid or payable under this Plan other than the Accrued Obligations and the amounts provided under Section 4.01(b) and 5.02(b).

  • Each Participant’s participation in this Plan is conditioned upon Participant’s execution of a Participation and Restrictive Covenant Agreement within thirty (30) days after such agreement is delivered to such Participant (or such later date as permitted by the Committee).

  • For the avoidance of doubt, execution of a Participation and Restrictive Covenant Agreement is a condition of being eligible to participate in this Plan.

  • The only “Participants” in this Plan shall be employees of the Company or its Subsidiaries who (i) are designated as compensation grade Z in the HRIS system of the Company or its Subsidiaries, and (ii) have executed a Participation and Restrictive Covenant Agreement within 30 days after such agreement is delivered to such employee.

  • The Plan Administrator shall from time to time, in its sole discretion, select and designate in writing, which of the Employer’s (including any of its Affiliates) employees are eligible to participate in this Plan and such employee shall become a Participant under this Plan conditioned upon accepting and executing a Participation and Restrictive Covenant Agreement within 30 days after such agreement is delivered to such employee.

Related to Participation and Restrictive Covenant Agreement

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Restrictive Covenant Agreements has the meaning set forth in the Recitals.

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;

  • Noncompetition Agreement shall have the meaning set forth in Section 5.9 of this Agreement.

  • Diversion agreement means a mechanism designed to hold a child accountable for his or her behavior and, if appropriate, securing services to serve the best interest of the child and to provide redress for that behavior without court action and without the creation of a formal court record;

  • Standstill Agreement shall have the meaning set forth in Section 6.03.

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Non-Compete Agreement means that certain Non-Compete Agreement between the Company and the Executive in substantially the form attached hereto as Exhibit B.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section IX of this Agreement.

  • Restrictive Covenants means the restrictive covenants contained in Section 13(c) hereof.

  • 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.

  • Participation Agreement means, with respect to each Indenture, the "Participation Agreement" referred to therein.

  • Confidentiality Agreement has the meaning set forth in Section 6.3.

  • Non-Compete Agreements shall have the meaning provided in Section 5.05.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Existing Confidentiality Agreement has the meaning set forth in Section 4.01.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Exclusivity Agreement , in relation to land, means an agreement, by the owner or a lessee of the land, not to permit any person (other than the persons identified in the agreement) to construct a solar pv station on the land;”;

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BBP, the Holding Entities and others dated as of the date hereof;

  • Amendment and Restatement Agreement means the Amendment and Restatement Agreement, dated as of January 29, 2016, among the Borrowers, the Lenders party thereto and the Administrative Agent.

  • Nondisclosure Agreement has the meaning specified in Section 11.07.

  • Confidentiality Agreements shall have the meaning set forth in Section 6.7 hereof.

  • Reciprocal agreement means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act.