Xxxxxxxxx Benefits definition

Xxxxxxxxx Benefits. If Severance Benefits are payable in accordance with Section 7, within the Initial Term, the Severance Benefits shall be an amount equal to 12 month’s Base Salary in effect immediately before the Termination Date. After the Initial Term, the Severance Benefits shall be $0. The monthly amount of the Severance Benefits shall be calculated using the Employee’s Base Salary in effect immediately before the Termination Date divided by 12. Severance Period: Twelve (12) months. States Covered by Non-Compete Obligations: Texas and any additional states where the Company or its Affiliates involved in the Business had activities or provided products or services related to the Business during the Term. Period of Post-Termination Non- Compete Term: 12 months. AGREED: COMPANY EMPLOYEE By: By: /s/ Xxxxx Xxx Xxxxxx Name: Xxxxxxx Xxxxxx Title: President Name: Xxxxx Xxx Xxxxxx Date Signed: Date Signed: 5-22-18 EMPLOYMENT AGREEMENT PAGE 21 EXHIBIT B LIST OF EMPLOYEE EXISTING PERSONAL INVESTMENTS, EMPLOYEE MATERIALS, AND CONFIDENTIAL INFORMATION AS OF EFFECTIVE DATE TITLE DATE IDENTIFYING PATENT DATE/NUMBER AND/OR BRIEF DESCRIPTION No Existing Personal Investments as of the Effective Date No Employee Materials or Confidential Information as of the Effective Date Additional Sheets Attached Signature of Employee: /s/ Xxxxx Xxx Xxxxxx Print Name of Employee: Xxxxx Xxx Xxxxxx Date Signed: 5-22-18 EXHIBIT C AFFIRMATION AGREEMENT This Affirmation Agreement (this “Agreement”) is entered into as this day of , 20 (the “Effective Date”) by and between ProFrac Services, LLC, a Texas limited liability company (the “Company”) and (the “Employee”).
Sample 1
Xxxxxxxxx Benefits. (for the purposes of this sentence, "Severance Benefits" with respect to Hall and Xxxxxx, shall have the meaning reflected in the Hall Employment Agreement and the Xxxxxx Employment Agreement, respectively) pursuant to either of the employment agreements of even date herewith between the Company and Hall or Xxxxxx (the "Xxxx Employment Agreement" and the "Xxxxxx Employment Agreement," respectively); provided however that this subsection (d)(vii) shall not apply in the event any of Employee, Hall or Xxxxxx has taken the action which would require "Severance Benefits" to be paid to Hall and/or Xxxxxx under their respective employment agreements. Notwithstanding the forgoing, the parties acknowledge and agree that neither CenterPoint's exercise of authority pursuant to the last three sentences of Section 1.2(c) or the last sentence of Section 1.1(d) nor CenterPoint's selection of a replacement President and COO-BFS pursuant to Section 1.2(e) shall be a Constructive Termination.
Sample 1

Examples of Xxxxxxxxx Benefits in a sentence

  • In exchange for the foregoing Xxxxxxxxx Benefits, EMPLOYEE FULL NAME on behalf of himself/herself, his/her heirs, representatives, agents and assigns hereby RELEASES, INDEMNIFIES, HOLDS HARMLESS, and FOREVER DISCHARGES (i) Company Name.

  • Notwithstanding the foregoing, at the written request of Subtenant, Tenant shall, at Subtenant’s expense, use commercially reasonable efforts to cause Landlord (and, if applicable, to cause Landlord to cause the Board of Managers) to perform its obligations under the Lease and provide the Xxxxxxxxx Benefits to Subtenant with respect to the Subpremises if Landlord shall have failed to perform or provide same.

  • Subject to the provisions of this Section 13(a), Subtenant shall be entitled to receive all Xxxxxxxxx Benefits and Tenant grants to Subtenant Tenant’s right to receive all such Xxxxxxxxx Benefits with respect to the Subpremises.

  • Subtenant hereby agrees that Subtenant shall look solely to Landlord for the provisions and performance of any and all of the Xxxxxxxxx Benefits.

  • You irrevocably hereby waive any and all claims to the Xxxx Xxxxxxxxx Benefits.

  • The Xxxxxxxxx Benefits described above will be paid only following the expiration of the revocation period and only if Executive does not revoke this Release Agreement.

  • Purchaser covenants that Purchaser or Purchaser’s Affiliates shall offer severance benefits equivalent to the 2012 XX Xxxxxxxxx Benefits Plan attached hereto as Schedule 14.12 (the “Seller Severance Plan”) to any Transferred Employee who has actions taken against such Transferred Employee within eighteen (18) months after the expiration of the Transition Period that would make the Transferred Employee eligible for severance benefits under the involuntary terminations section of the Seller Severance Plan.

  • Xxxxxxxxx Benefits Payable Under Section 5.3: An amount equal to 6 months of Base Salary.

  • These amounts, if any, may be withheld from Xx. Xxxxxxxx’x Xxxxxxxxx Benefits.

  • Buyer shall establish a severance policy substantially similar to the 2001 XX Xxxxxxxxx Benefits Plan (the "XX Xxxxxxxxx Plan"), with respect to any Transferred Employee who has actions taken against such Transferred Employee within eighteen (18) months after the Closing Date that would make the Transferred Employee eligible for severance benefits under the involuntary terminations section of the XX Xxxxxxxxx Plan.

Related to Xxxxxxxxx Benefits

  • Xxxxxxx Xxxxxxx Policy means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.

  • Xxxxxxxxxx means Xxxxxxxxxx Broadcasting Corporation, a Maryland corporation.

  • Xxxxxxxxx means Xxxxxx X. Xxxxxxxxx.

  • Xxxxxxxx means Xxxxxxxx Nominees Pty. Ltd. a company incorporated in the State as trustee of The Xxxxxx Xxxxxxxx Family Trust;

  • Xxxxxxxxxxx means a corporation, association, company, joint-stock company or business trust.

  • Xxxxxxxx Xxxxxxxx has entered into a Management Agreement dated June 15, 1995 ("Management Agreement") with PaineWebber PACE Select Advisors Trust (formerly known as Managed Accounts Services Portfolio Trust ("Trust")), an open-end management investment company registered under the Investment Company Act of 1940, as amended ("1940 Act"), with respect to PACE GLOBAL FIXED INCOME INVESTMENTS ("Portfolio");

  • Xxxxxxxx Xxxxxxx “Xxxxxxx Xxx”

  • Xxxxx Xxxxxxxxxx means, with respect to XXXXX, 0.0326% per annum.

  • Xxxxxx Xxxxxxxxx “Xxxx Xxxxxx”

  • Xxxxxxx Xxxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxxxx means an employee elected or appointed by the Union who is authorized to represent the Union, an employee or both.

  • Xxxxx Xxxxxxxxx “Xxxx Xxxxxx” “X. Xxxx” “Xxxxxxx Xxxxx” LETTER #11 LETTER OF UNDERSTANDING Between THE CITY OF SAULT STE. XXXXX and LOCAL 67 C.U.P.E.

  • Xxxxxx Xxxxxxxx Xxx XxXxxx” ”Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxxxxx Xxxxxx “Xxxxxxxxx Xxxx”

  • Xxxxxxx Group means (i) any member of the Xxxxxxx Family, (ii) Xxxxxxx Energy Partners I, LP and SEP Management I, LLC, (iii) Xxxxxxx Parent, (iv) Xxxxxxx Investor, (v) Xxxxxxx Production Partners LP, (vi) Xxxxxxx Oil & Gas Corporation, (vii) Blackstone Newco and (viii) any Person Controlled by any one or more of the foregoing (other than the General Partner, the Partnership or any of their respective Subsidiaries).

  • Xxxx Xxxxxxxxx “Xxxxx Xxxx”

  • Xxxxxxxx Xxxx means the type of charge that a xxxxxxx has on somebody else’s goods when he does work on the goods. The xxxxxxx may keep the goods until he is paid for the work and if he is not paid he may sell them. A mechanic will have a xxxxxxx’x xxxx on your car if he does work on it at his garage. Any expression not described or defined in this agreement shall have the meaning given to it in the Credit Contracts and Consumer Finance Act 2003 unless the context requires otherwise. Unless the context prevents it, the singular shall include the plural and vice versa and one gender includes others to the effect that, for example, “he” includes “they”, “she” and “it”.

  • Xxxxxx Xxxxxxx Xxxxx Xxxxxxx”

  • Xxxxx Xxxxxxxx Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxx xxxxx xxx Xxxxxx xx Xxxxxxx Xxxxxxxxxx.

  • Xxxxxxxx-Xxxxx means the Xxxxxxxx-Xxxxx Act of 2002.

  • Xxxx Xxxxxxxx Xxxx Xxx”

  • Xxxxxxx Xxxx Xxxx Xxxxx”

  • Xxx Xxxxxxxx “Xxx Xxxxxxx”

  • Xxxxxxx Xxxxx means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.