Examples of Remaining Principals in a sentence
This new regime should apply to all workers in an employment relationship – including dependent contractors and gig and platform workers, however defined.We believe these are appropriate guiding principles for developing a sectoral bargaining system.
Upon a Deceased Principal’s death, the Interest of the Deceased Principal shall be deemed offered to the Company, and then to the Remaining Principals, in that order.
Notwithstanding the foregoing, in the event the Remaining Principals do not elect to purchase the entire Interest of the Disabled Principal, the Company shall purchase the share of the Interest of the Disabled Principal not purchased by the Remaining Principals.
Notwithstanding the foregoing, in the event the Remaining Principals do not elect to purchase the entire Interest of the Deceased Principal, the Company shall purchase the share of the Interest of the Deceased Principal not purchased by the Remaining Principals.
From and after the Closing, the Remaining Principals shall continue to be signatories for and retain full access to the bank accounts of the Company for the receipt of any Accounts Receivable arising from the business of the Company prior to the Closing Date and payment of accounts payable arising from the business of the Company prior to the Closing Date (the “Pre-Closing Accounts”).
For the receipt of any Accounts Receivable or the payment of any accounts payable of the Company arising on or after the Closing Date, the Company shall establish new bank accounts (the “New Accounts”), for which Buyer shall appoint signatories and shall determine access in its sole discretion, with the Remaining Principals having read-only access to the New Accounts.
Under the Employment Agreements, each of the Remaining Principals shall serve as an Executive Vice President of the Company and each shall be entitled to receive an annual base salary equal to $150,000.
If the Company does not exercise its option, the Remaining Principals may exercise their respective options to purchase the Interest of the Disabled Principal by notifying the Disabled Principal or his or her representative in writing of their exercise thereof within one hundred fifty (150) days after the date the Company is made aware of the Disabled Principal’s Incapacity (but not prior to a redemption decision being made by the Company as provided above).
Online education requires students to be able to reflect on the feedback and suggestions of their course instructor and to make personal adjustments accordingly.