Stay and Pay Agreement definition

Stay and Pay Agreement means a "stay and pay" or retention agreement entered into in contemplation of a sale by the Company of a division or business unit.

Examples of Stay and Pay Agreement in a sentence

  • As of the Closing Date, Buyer shall assume all of Seller's obligations for vacation (including accrued vacation), holiday, sick (including accrued sick) and severance (if any) payable to all Transferred Employees, except under any Stay and Pay Agreement, to the extent such obligations are accrued on the Closing Balance Sheet.

Related to Stay and Pay Agreement

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Master Standby Agreement means the Master Agreement for Standby Letters of Credit dated as of the Closing Date among Borrowers, as Applicant(s), and GE Capital, as issuer.

  • Amending Agreement means the Agreement of which a copy is set out in the Third Schedule to the Iron Ore (Hamersley Range) Agreement Xxx 0000 (which Agreement was approved by the Iron Ore (Hamersley Range) Agreement Act Amendment Act 1968);

  • Separation and Distribution Agreement has the meaning set forth in the Recitals.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Amalgamation Agreement means the Amalgamation Agreement dated as of June 26, 2020 among Cybin, Clarmin and Subco relating to the Amalgamation, as amended on October 21, 2020, a copy of which is available under the Company’s profile on the SEDAR website at www.sedar.com.

  • Listing Agreement means an agreement that is to be entered into between a recognised stock exchange and the Company pursuant to Securities and Exchange Board (Listing Obligations and Disclosure Requirements), 2015

  • Memorandum of Agreement means the agreement executed by and between FFA and the Institution in which these Conditions have been incorporated by reference;

  • Member Agreement means collectively the Membership and Account Agreement and any other account information provided to you by us from time to time.

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • Amended and Restated Registration Rights Agreement has the meaning set forth in the Recitals.

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Continuing Disclosure Agreement means the Continuing Disclosure Agreement, as it may be modified from the form on file with the Clerk of Council and signed by the Mayor and the Fiscal Officer in accordance with Section 6, which shall constitute the continuing disclosure agreement made by the City for the benefit of holders and beneficial owners of the Bonds in accordance with the Rule.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Tax Agreement means the Tax Exemption Certificate and Agreement with respect to the Bonds, dated the date of delivery of the Bonds, among the Company, the Issuer and the Trustee, as from time to time amended and supplemented.

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Reorganization Agreement has the meaning set forth in the recitals.

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

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).