Company Commitment Sample Clauses

Company Commitment. During the 1999 negotiations the parties discussed the process for processing of life insurance benefits in a timely fashion. The Company commits to the following process, which will be used by both, the Company and the insurance carrier, for processing life insurance benefits. The Company will notify employees on extended leave annually for the purposes of ensuring their related information is up to date. This process will include the Company copying the union, of its notification of the employee’s beneficiary, that we are initiating a claim on behalf of the deceased bargaining unit member. If the Union, as an employee’s representative, wishes to inquire about the processing of a claim, the Company is willing to give the information, through inquiry to the human resources manager. Any concerns about delays in the processing should be brought forward immediately and the resolution will be expedited.

Company Commitment. The company is committed to the prevention of harassment in the workplace and recognizes that the responsibility to create an environment based on mutual respect, cooperation and understanding is shared among all employees. The company will make every effort to ensure that no employee or anyone having a work relationship with any employee is subject to any form of harassment. The company also accepts, without qualification, that every employee is entitled to a work environment that is free of any form of harassment.

Company Commitment. As part of the Project described above in Section III, Company commits to invest $5,000,000,000 in land, construction and/or building, equipment and other real and personal property, as well as create 7,500 net-new full-time jobs by December 31, 2030. Company may begin counting jobs and investment on December 6, 2021. The Company also intends to maintain operations at this specific facility in the Community for a minimum of 10 years. Furthermore, before the Project Development Grant is disbursed, the Company shall participate in a joint press release with the State and Community announcing the Project (which the GDEcD acknowledges has already been completed). Also, the Company agrees to provide the following to DCA within the time specified, or where no time is specified, within 60 days from the date DCA issues the Development Authority an application for the Project Development Grant: 1. At the time of execution of this MOU, a designated official Company contact, including title and all contact information, in order to further clarify Project activities related to the Project Development Grant and application, as well as facilitating the items listed below. 2. Description of the anticipated timeline for completion of the Project investment; 3. Description of the Company and type of business activity that will be conducted at this operation; 4. Primary NAICS Code for Company, and if different, the NAICS Code specific to the proposed operation or expansion; 5. Expected average wage rate(s) for the total number of jobs detailed above; 6. Description of the types and quality of jobs to be created by the operation or expansion and a list of benefits the Company offers to employees; 7. Access to the two most recent years-worth of 10k reports, or copies of audited financials or federal returns, for the Company’s ultimate parent, Rivian Automotive, Inc.; and 3 Any assets funded or partially funded with the Award Amount (“Grant-funded Assets”) must be publicly titled for the life of this grant. Furthermore, the Company shall not use publicly titled machinery and equipment as collateral for financing or to grant a security interest in the machinery and equipment to any other entity other than the Development Authority. 8. At the time of execution of this MOU, a signed version of Georgia’s Performance Accountability Agreement noted in Section VII (to be provided by the Georgia Department of Economic Development). A Grant Documentation Checklist which identifies docu...

Company Commitment. $1500 “co-pay” (Co-pay revenue will be applied to program expenses) • 12 months commitment • Complete initial export assessment & Export Action Plan* (establishes baseline) • Execute Export Action Plan*, which could include activities like training sessions, international trips, market research, export compliance, website modification, etc. • Attend a minimum of 6 meetings, including 1 Plan of Action meeting and 1 Exit Meeting. Other meetings could include KGTS coaching, US and KS government agency meetings, and conferring with professional services providers. • Complete the Exit Assessment • Export Goals • Planned Program Activity to meet defined goal, e.g. international trips, training, market research, etc. • Baseline indicators gathered on intake: o Actual annual int’l sales and % of total annual sales from int’l sales o # of employees in KS facilities o Confidence to enter new international market, Scale of 1-10

Company Commitment. During the Term, Company agrees that Company and its Affiliates shall not, directly or indirectly, [***] posaconazole [***] cyclodextrin [***].

Company Commitment. The Parties are committed to the prevention and elimination of harassment in the workplace. The Company, Union and all employees recognize and accept without qualification, that it is to everyone’s benefit that all staff feel safe from any kind of harassment in their working environment and that to create an environment free from harassment, work place relations need to be based on mutual respect, dignity, and cooperation. Therefore, the Company will make every effort to ensure that no employee or anyone having a work relationship with any employee is subject to any form of harassment.

Company Commitment. Notwithstanding anything to the contrary in the Agreement, Company agrees to distribute Product during the term of this Agreement up to the amount of One Million Dollars ($1,000,000) (“Commitment Amount”) and pay Interwise the Commitment Period Discount set forth in Section 3 below. Such Commitment Amount is guaranteed, non-cancelable, and non-refundable. During the Commitment Period, Company shall pay the license fees associated with the distribution of such as set forth in the Agreement, provided that, in the event Company does not distribute enough Product to offset the Commitment Amount on or before twelve (12) months after this First Amendment Effective Date, Company, shall, with delivery of the monthly Sales Report for such twelfth (12th) month, pay the remainder of the Commitment Amount to Interwise. In such event, such amount shall be deemed to be pre-paid license fees hereunder, and shall be non-refundable, and Company may continue, during the term of this Agreement, to distribute Product at the Commitment Period Discount set forth in Section 2 above until such pre-paid license fees are entirely offset. The period during with the Commitment Amount is not entirely offset shall be called the “Commitment Period”. After the Commitment Period, license fees shall be set at *% off Interwise’s then-current direct sales price list (“Price List”) set forth in Exhibit E of the Agreement as may be updated by Interwise from time to time upon thirty (30) days’ written notice. In the event Company is unable to offset the entire pre-paid license fees hereunder prior to expiration of the Agreement, the remaining pre-paid license fees not offset shall be non-refundable.

Company Commitment. As part of the Project described above in Section III, Company commits to invest $325,000,000 in land, construction and/or building, equipment and other real and personal property, as well as create 250 net-new full-time jobs within thirty-six (36) months from the earlier of (i) the date of the issuance of the Certificate of Occupancy for the Facility to, or (ii) the anticipated start-date of December 31, 2024. Company may begin counting jobs and investment on October 8, 2021. The Company also intends to maintain operations at this specific facility in the Community for a minimum of 10 years. Furthermore, before the Project Development Grant is disbursed, the Company shall participate in a joint press release with the State and Community announcing the Project. Also, the Company agrees to provide the following to DCA within the time specified, or where no time is specified, within 30 days from the date DCA issues the Development Authority an application for the Project Development Grant: 1 Net new full time job is defined as a new job that did not previously exist within the State of Georgia which has a minimum of 35 hours per week, with the opportunity for access to, but not necessarily paid or subsidized, medical benefits. 2 Any assets funded or partially funded with the Award Amount (“Grant-funded Assets”) must be publicly titled for the life of this grant. Furthermore, the Company shall not use publicly titled machinery and equipment as collateral for financing and shall not grant a security interest in such machinery and equipment to any entity other than the Development Authority. 1. At the time of execution of this MOU, a designated official Company contact, including title and all contact information, in order to further clarify Project activities related to the Project Development Grant/Loan and application, as well as facilitating the items listed below. 2. Description of the anticipated timeline for completion of the Project investment; 3. Description of the Company and type of business activity that will be conducted at this operation; 4. Primary NAICS Code for Company, and if different, the NAICS Code specific to the proposed operation or expansion; 5. Expected average wage rate(s) for the total number of jobs detailed above; 6. Description of the types and quality of jobs to be created by the operation or expansion and a list of benefits the Company offers to employees; 7. Copy of two most recent years-worth of Company’s 10k reports, OR if pr...

Company Commitment. The Parties are committed to the prevention and elimination of harassment in the workplace. The Company, Union and all Employees/Dependent Contractors recognize and accept without qualification, that it is to everyone's benefit that all staff feel safe from any kind of harassment in their working environment and that to create an environment free from harassment, work place relations need to be based on mutual respect, dignity, and cooperation. Therefore, the Company will make every effort to ensure that no Employee/Dependent Contractor or anyone having a work relationship with any Employee/Dependent Contractor is subject to any form of harassment.