Amendment of Letter Agreement a. The Letter Agreement is hereby amended by adding a new Section 8 as follows:
Amendment of Letter Agreement a. A new Section 13 of the Letter Agreement is hereby added as follows:
Amendment of Letter Agreement. No change or modification of this Letter Agreement shall be valid unless the same be in writing and signed by both parties. No waiver of any provision of this Letter Agreement shall be valid unless in writing and signed by the person or party to be charged.
Amendment of Letter Agreement. Each of Charter and A/N agree that it will not amend, modify or change the terms of the Letter Agreement (together with Annex A thereto), or waive any right or obligation thereunder, without the prior written consent of Liberty, such consent not to be unreasonably withheld or conditioned.
Amendment of Letter Agreement. The letter agreement between Tanklage and LV Foods dated May 2, 1997 (the "Letter Agreement") is hereby amended in the manner set forth below, which amendment shall be effective upon the Closing. The LV Foods Owner shall cause LV Foods to execute an instrument acknowledging its agreement to such amendment at or prior to the Closing.
Amendment of Letter Agreement. In consideration for the release of claims set forth herein, you and the Group hereby agree to the following amendments to the Letter Agreement: • SHUSA waives the Notice Period set forth in the Letter Agreement, and your employment shall terminate as of the Separation Date. • You waive any severance benefits that would be payable to you pursuant to the Letter Agreement from the Group, including SHUSA and SC, in connection with your separation of employment on the Separation Date. • You waive any deferred compensation and incentive compensation, whether in the form of cash or equity awards, that is unvested as of the Separation Date (including unvested amounts deferred under the Special Regulatory Incentive Program and any deferred bonus). • You will not receive a bonus for performance year 2019. • SHUSA waives the non-compete restriction set forth in the Restrictive Covenants attached to the Letter Agreement provided that you do not (i) have a present intention of working in a position other than Xxxxx Fargo COO in the next twelve months; and you do not (ii) become the head of Xxxxx Fargo’s vehicle finance business within twelve (12) months following the Separation Date. December 2, 2019 Page 2 of 6 • You agree that, for a period of eight (8) months following the Separation Date, you will not hire or engage, either directly or indirectly, or encourage or cause any other person or entity to hire or engage, either directly or indirectly, any person listed on Schedule A attached hereto. By way of clarification, the restriction described in the previous sentence shall apply, whether or not such person is employed by or providing services to the Group in any capacity, including during any notice period applicable to such person. • The Non-Solicitation Agreement attached to the Letter Agreement will remain in effect except that paragraph 2) thereof, relating to Santander employees, shall not apply. Notwithstanding the foregoing, nothing in this paragraph shall limit your ability, in the ordinary course, to deal with existing Xxxxx Fargo clients so long as the purpose of your dealings is not to, and you do not, directly or indirectly, solicit, encourage or cause them to replace the services provided by the Group with services provided by Xxxxx Fargo or its affiliates. • Nothing contained herein limits or in any way relieves you from your applicable obligations under previously paid and vested incentive compensation payments, grants and/or awards except to the ex...
Amendment of Letter Agreement. The Letter Agreement is deleted in its entirety and replaced with the Letter Agreement that is attached hereto.
Amendment of Letter Agreement. SVFII shall not be deemed a party to the Letter Agreement, and all references to SVFII shall be deleted, so that SVFII shall no longer have rights or obligations thereto.
Amendment of Letter Agreement. Paragraph 1 of the Letter Agreement is hereby amended by deleting the following therefrom: "September 30, 2002" and substituting the following therefor: "June 30, 2003". All references to "Revolving Maturity Date" in the Letter Agreement or any related document shall hereafter be deemed to refer to June 30, 2003.
Amendment of Letter Agreement. During the Employment Period, the Base Salary shall satisfy the cash retainer payable under Section 2 of the Letter Agreement, and you will not be eligible for any additional cash retainers payable to outside directors of the Company. Following the Employment Period, the cash retainer payments under Section 2 of the Letter Agreement shall resume.
