Western Atlas definition
Examples of Western Atlas in a sentence
Subject to the effectiveness of the Merger, the Consultant hereby agrees to provide such consulting services to the Parent and to the Company as the President of the Western Geophysical Division of Western Atlas International, Inc.
All communications hereunder shall be delivered to the respective parties at the following addresses: If to the Parent, to: Western Atlas Inc.
Accounting Firm's fees and expenses shall be borne equally by Western Atlas and UNOVA.
UNOVA shall be entitled to receive from Western Atlas, upon presentation of invoices therefor, reimbursement for all direct costs of providing such Services, including such amounts relating to supplies, disbursements and other out-of-pocket expenses.
UNOVA shall promptly notify Western Atlas of any inquiries by any taxing authority or any other administrative, judicial or other governmental authority that relate to any Tax that may be imposed on any member of the Western Atlas Group or any liability of any member of the Western Atlas Group that might arise under this Agreement.
Western Atlas and UNOVA have prepared, and UNOVA has filed with the Commission, the Form 10, which includes or incorporates by reference the Information Statement.
On or about April 30, 1998, UNOVA shall pay to Western Atlas, or Western Atlas shall pay to UNOVA, as appropriate, a sum equal to the difference (if any) between (i) Western Atlas's estimate of the UNOVA Group Separate Tax Liability for the 1997 Stub Period, and (ii) an amount equal to all payments previously made by the UNOVA Group or any member thereof.
This Agreement and the consummation of each of the transactions provided for herein shall be subject to approval of the Western Atlas Board.
Western Atlas shall pay a portion of the cash bonus prior to the Distribution Date (the bonus amount that is up to 50% of the employee's base salary earned for 1997 prior to the Distribution Date), and UNOVA shall pay the balance of the bonus following the Distribution Date in installments pursuant to the terms of the Western Atlas Bonus Plans.
This Agreement may be amended, modified or supplemented only by a written agreement signed by Western Atlas and UNOVA, Inc.