Common use of Of the Company Clause in Contracts

Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive’s full attention and dedication to the Company Group (as defined in Section 1) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be addressed appropriately. Therefore, in order to accomplish these objectives, the Board caused the Company to enter into this Agreement.

Appears in 4 contracts

Samples: Employment Agreement Agreement (State Street Corp), Employment Agreement Agreement (State Street Corp), Employment Agreement Agreement (State Street Corp)

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Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive’s 's full attention and dedication to the Company Group (as defined in Section 1) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be addressed appropriatelysatisfied and which are competitive with those of other corporations. Therefore, in order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 4 contracts

Samples: Executive Employment Agreement (Navidec Inc), Executive Supplemental Employment Agreement (Highwoods Realty LTD Partnership), Executive Employment Agreement (Navidec Inc)

Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of arising from the personal uncertainties uncertainty and risks created by a pending or threatened Change of Control and Control, to encourage the Executive’s 's full attention and dedication to the Company Group (as defined in Section 1) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with reasonable compensation and benefits benefit arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be addressed appropriatelyControl. Therefore, in In order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 2 contracts

Samples: Change of Control Agreement (Procyte Corp /Wa/), Change of Control Agreement (Procyte Corp /Wa/)

Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of arising from the personal uncertainties and risks created by a pending or threatened Change of Control and Control, to encourage the Executive’s 's full attention and dedication to the Company Group (as defined in Section 1) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with reasonable compensation and benefits benefit arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be addressed appropriatelyControl. Therefore, in In order to accomplish these objectives, the Board has caused the Company to enter into this Agreement.

Appears in 1 contract

Samples: Change of Control Agreement (Procyte Corp /Wa/)

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Of the Company. The Board Committee believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive’s 's full attention and dedication to the Company Group (as defined in Section 1) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be addressed appropriatelysatisfied and which are competitive with those of other bank holding companies. Therefore, in order to accomplish these objectives, the Board Committee caused the Company to enter into this AgreementAgreement with the Executive.

Appears in 1 contract

Samples: Agreement (Fleet Boston Corp)

Of the Company. The Board believes that it is imperative to diminish the inevitable distraction of the Executive by virtue of the personal uncertainties and risks created by a pending or threatened Change of Control and to encourage the Executive’s full attention and dedication to the Company Group (as defined in Section 12) currently and in the event of any threatened or pending Change of Control, and to provide the Executive with compensation and benefits arrangements upon a Change of Control which ensure that the compensation and benefits expectations of the Executive will be addressed appropriately. Therefore, in order to accomplish these objectives, the Board caused the Company to enter into this Agreement.

Appears in 1 contract

Samples: Confidential Employment Agreement Agreement (State Street Corp)

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