Examples of Permitted Employee in a sentence
Except pursuant to the Permitted Employee Compensation Plan, no Party previously has paid or entered into any other commitment to pay, whether orally or in writing, any employee of any other Party, directly or indirectly, any consideration, compensation or benefits, monetary or otherwise, in connection with the transactions contemplated in the Transaction Documents.
Signature: /s/ Xxxxxxxx X’Xxxxx Print Name: Xxxxxxxx X’Xxxxx Title: President Address: SIGNATURE PAGE TO STRATEGIC ALLIANCE MASTER AGREEMENT LIST OF EXHIBITS Investor Rights Agreement Exhibit A Call Option Agreement Exhibit B Terms of Permitted Employee Compensation Plan Exhibit C Alternative Dispute Resolution Procedures Exhibit D Press Release Exhibit E EXECUTION VERSION EXHIBIT A INVESTOR RIGHTS AGREEMENT BY AND AMONG ISIS PHARMACEUTICALS, INC., IBIS BIOSCIENCES, INC.
Nothing in this Agreement, express or implied, shall create a contract of employment with any Ibis Employee or a third party beneficiary relationship or otherwise amend or create any employee benefit plan of AMI or Ibis or confer any benefit, entitlement, or right upon any person or entity other than the parties hereto or result in AMI or Ibis having any liability under any Plan (other than Ibis’ liability with respect to the Permitted Employee Compensation Plan).
Section 1.1 Permitted Employee Communications........................................................................
Unless notice is otherwise required pursuant to Section 6(g)(i) hereof, the Company shall send written notice to the holders of the Series E Preferred immediately upon any public announcement with respect to an open market repurchase program for, any self-tender offer for and any other repurchase of capital stock of the Company, other than Permitted Employee Repurchases.
Unless notice is otherwise required pursuant to Section 7(g)(i) hereof, the Company shall send written notice to the holders of the Series D Preferred immediately upon any public announcement with respect to an open market repurchase program for, any self-tender offer for and any other repurchase of capital stock of the Company, other than Permitted Employee Repurchases.SECTION 8.
Unless notice is otherwise required pursuant to Section 6(g)(i) hereof, the Company shall send written notice to the holders of the Series F Preferred immediately upon any public announcement with respect to an open market repurchase program for, any self-tender offer for and any other repurchase of capital stock of the Company, other than Permitted Employee Repurchases.SECTION 7.
Permitted Stock Issues shall mean: (a) the issuance of shares of Series A Common Stock in consideration of the payment of the fair market value thereof on the date of issuance as determined in good faith by the Company's board of directors; (b) the issuance of options (the "Permitted Employee Stock Options") to key employees (other than members of the Managing Group (excluding Josexx X.
This provision does not apply to the issuance of Newly Issued Stock to an employee of HBT in connection with a general compensation plan, so long as the aggregate of all transfers by HBT shareholders and any new issuances by HBT to the employee group does not exceed 5% of the outstanding shares, and the employee executes a counterpart of this First Refusal Agreement evidencing his agreement to be bound hereunder ("Permitted Employee").
Ibis Employees shall be employees at will, subject to Xxxxxx’x employment policies and nothing herein shall be construed to limit Xxxxxx’x ability to (a) terminate or alter the employment terms of any Ibis Employee for any reason, including without cause, or (b) modify, amend or terminate any employee benefit plan, policy or arrangement, except that neither Abbott nor AMI nor Ibis may make any material amendment to the terms and provisions of the Permitted Employee Compensation Plan.