Agreement Effective Date. This Agreement shall become effective and binding upon each Party immediately following the occurrence of the following conditions (the “Agreement Effective Date”):
Agreement Effective Date. This Agreement shall be effective on, the first day of my employment, consultancy, and/or tenure as an independent contractor with the Company and shall continue in effect throughout my employment, consultancy, and/or tenure as an independent contractor (the “Agreement Period”). As an inducement to and in consideration of my acceptance and/or continuation of employment, consultancy, and/or tenure as an independent contractor with the Company, and the Company’s compensating me for services and extending to me certain other benefits of a compensatory nature, but without any obligation on the Company’s part to continue such employment, compensation or benefits for any specified period whatsoever, I agree to protect, safeguard and maintain the integrity and confidentiality of the Company’s valuable assets and legitimate business interests in accordance with the terms and conditions set forth in this Agreement.
Agreement Effective Date. The effective date of this Agreement established pursuant to Section 7.01 of this Agreement.
Agreement Effective Date. This Agreement shall become effective and binding upon each of the Parties as of 12:01 a.m., prevailing Eastern Time, on the first day on which:
Agreement Effective Date. This Agreement shall become effective and binding upon each of the Parties upon the execution and delivery of counterpart signature pages (such date, the “Agreement Effective Date”).
Agreement Effective Date. The Company hereby agrees to employ the Executive, and the Executive hereby agrees to remain in the employ of the Company subject to the terms and conditions of this Agreement, during the period (the "Employment Period") beginning on the earlier of the Effective Time of the Merger (as defined in the Merger Agreement) or the occurrence of a Change in Control (as defined below) (the date of the earlier of such events, the "Agreement Effective Date") and ending on the later of the third anniversary of the Agreement Effective Date or January 1, 2006; provided, that if the Merger Agreement is terminated as a result of a Change in Control occurring before the Effective Time of the Merger, the Employment Period shall not begin unless and until the Executive expressly reaffirms by written notice to the Company the waiver of vesting of the Deferred Options set forth in Section 1(b) below; and provided further that if the Merger Agreement is terminated as a result of a Change in Control occurring before the Effective Time of the Merger, this Agreement shall immediately be null and void ab initio and of no further effect unless the Executive expressly reaffirms the waiver of vesting of the Deferred Options within ten business days after (i) in the case of a Change of Control as described in Section 1(c)(iii) below, the date the Company publicly announces that it has entered into a definitive agreement pursuant to which the Change of Control will occur, and (ii) in the case of any other Change of Control, the date of such Change of Control.
Agreement Effective Date. This Agreement shall become effective as of the date (the "Agreement Effective Date") when each of the following shall have occurred:
Agreement Effective Date. This Agreement shall become effective and binding upon each of the Parties at 12:00 a.m., prevailing Eastern Time, on the date (such date, the “Agreement Effective Date”) on which: (a)(i) the Company Parties shall have executed and delivered counterpart signature pages of this Agreement to counsel to the Supporting Creditors; (ii) the Original Parties holding greater than 50% of the outstanding principal amount of the Term Loan Claims held by the Original Parties shall have executed and delivered to counsel to the Debtors counterpart signature pages of this Agreement; (iii) the Original Parties holding greater than 50% of the outstanding principal amount of the RBL Claims held by the Original Parties shall have executed and delivered to counsel to the Debtors counterpart signature pages of this Agreement; and (iv) the holders of 54.71% of the aggregate outstanding principal amount of the 2020 Notes, the 2023 Notes, and the 2021 Notes issued under the Prepetition Notes Indentures shall have executed and delivered to counsel to the Debtors counterpart signature pages of this Agreement; (b) the Company Parties have given notice to counsel to the Supporting Creditors in accordance with Section 10.09 hereof that each of the foregoing conditions set forth in this Section 1, in each case, has been satisfied, all signature pages held by such Company Parties as contemplated above shall have been released for attachment to the relevant agreements, and this Agreement is declared effective as to all Parties; (c) the Company Parties shall have paid all fees and expenses invoiced and required to be paid pursuant to Section 9 hereof. If the Agreement Effective Date shall not have occurred on or before June 14, 2019, all signature pages referred to in this Section 1 shall be returned to the Party providing the same and this Agreement, and all documents to which such signature pages apply (excluding, for the avoidance of doubt, the Original RSA and the Definitive Documentation (as defined in the Original RSA)), shall have no force or effect.4 Upon the Agreement Effective Date, this Agreement shall amend and restate the Original RSA in its entirety.
Agreement Effective Date. This Agreement shall be effective and binding with respect to each of the Parties on the date on which (i) SAE and Management shall have executed and delivered counterpart signature pages of this Agreement to counsel for the Supporting Holders and (ii) Supporting Holders representing not less than 66% of the aggregate principal amount of Existing Notes outstanding shall have executed and delivered counterpart signature pages of this Agreement to counsel for SAE (such date, the “RSA Effective Date”). After the RSA Effective Date, the terms and conditions of the Restructuring Transactions, the terms and conditions of the Definitive Documents (defined below) set forth in Exhibits to this Agreement, and this Agreement may only be amended, modified, waived, or otherwise supplemented as set forth in Section 7 herein.
Agreement Effective Date. November 1, 2011. The commencement dates for specific plans are shown below.
