During the term of this Agreement Sample Clauses

During the term of this Agreement a. The Company shall pay the Executive a base salary at an annual rate of $450,500, which shall be payable periodically in accordance with the Company's then prevailing payroll practices, or such greater amount as the Company may from time to time determine; b. The Executive shall be entitled to participate in the Company's Supplemental Executive Retirement Plan ("SERP") according to its terms, as modified by Schedule A hereto; c. The Executive shall be entitled to participate in the Company's Officers Incentive Compensation Plan, Stock Option Plan and Performance Share Unit Plan, and any successors thereto, in accordance with the terms thereof; and d. The Executive shall be entitled to such expense accounts, vacation time, sick leave, perquisites of office, fringe benefits, insurance coverage, and other terms and conditions of employment as the Company generally provides to its employees having rank and seniority at the Company comparable to the Executive. 4.
During the term of this Agreement the Employer shall provide each bargaining unit employee coverage under a group life and AD and D insurance policy with a maximum benefit of twenty thousand dollars ($20,000). The Employer shall pay the dollar cost of the single employee premiums in effect during the term of this Agreement.
During the term of this Agreement. Executive's salary and other compensation shall be comprised of compensation payable by Employer to Executive. Accordingly, the parties agree that Employer will pay Executive the annual salary of , less withholdings required by law and as agreed to by Executive. Payments to Executive shall be made on Employer regular paydays over a twelve month period. Executive shall take one continuous month off during the fiscal year. The month off is not an accrued benefit and would be lost if not taken as expected.
During the term of this Agreement a. LTC shall pay to Executive a base salary at an annual rate of not less than Four Hundred Thousand Dollars ($400,000) per annum, paid in approximately equal installments at intervals based on any reasonable Company policy. LTC agrees from time to time to consider increases in such base salary in the discretion of the Board of Directors. Any increase, once granted, shall automatically amend this Agreement to provide that thereafter Executive's base salary shall not be less than the annual amount to which such base salary has been increased.
During the term of this Agreement. THE PARTIES SHALL INDEMNIFY AND HOLD HARMLESS EACH OTHER TOGETHER WITH THEIR DIRECTORS, OFFICERS, AGENTS, EMPLOYEES, AFFILIATES AND SUBSIDIARIES FROM ANY AND ALL LOSS, DAMAGE, EXPENSE, JUDGMENT, LIEN, SUIT, CAUSE OF ACTION, DEMAND OR LIABILITY (COLLECTIVELY, "LOSS") FOR PERSONAL INJURY (INCLUDING DEATH) AND TANGIBLE PROPERTY DAMAGE WHICH MAY BE IMPOSED ON OR INCURRED BY ONE PARTY ARISING DIRECTLY OUT OF THE INTENTIONAL MISCONDUCT OR NEGLIGENT ACTS OR OMISSIONS OF THE OTHER, ITS AGENTS, SUBCONTRACTORS, OR EMPLOYEES DURING THE PERFORMANCE OF ANY WORK HEREUNDER. THE INDEMNIFYING PARTY SHALL, AT ITS SOLE EXPENSE, DEFEND ANY SUIT BASED UPON A CLAIM OR CAUSE OF ACTION WITHIN THE FOREGOING INDEMNITY PROVISION AND SATISFY ANY JUDGMENT THAT MAY BE RENDERED AGAINST THE OTHER RESULTING THEREFROM, PROVIDED THAT THE INDEMNIFYING PARTY SHALL BE GIVEN (I) PROMPT NOTICE OF ANY SUCH CLAIM OR SUIT; AND (II) FULL OPPORTUNITY TO DEFEND SUCH CLAIM OR SUIT; PROVIDED, HOWEVER, THAT FAILURE TO PROVIDE SUCH NOTICE SHALL NOT RELIEVE THE INDEMNIFYING PARTY OF LIABILITY UNDER THIS SECTION EXCEPT TO THE EXTENT THE INDEMNIFYING PARTY WAS PREJUDICED THEREBY. THE INDEMNIFIED PARTY MAY, AT ITS ELECTION, PARTICIPATE IN THE DEFENSE OF ANY SUIT, AND SHALL COOPERATE FULLY IN DEFENDING ANY CLAIM OR SUITS. THE INDEMNIFYING PARTY SHALL PAY ALL COSTS, EXPENSES, AND REASONABLE ATTORNEY'S FEES INCURRED BY THE INDEMNIFIED PARTY IN CONNECTION WITH ANY SUCH SUIT OR IN ENFORCING THIS INDEMNITY PROVISION, PROVIDED A VALID CLAIM IS PRESENTED. WITHOUT LIMITING THE FOREGOING PARAGRAPH, EACH PARTY SHALL INDEMNIFY AND HOLD HARMLESS THE OTHER PARTY, ITS DIRECTORS, OFFICERS, AGENTS, EMPLOYEES, AFFILIATES AND Motorola/Nextel International/[See schedule Item 3 ] 33 Equipment Purchase Agreement * Confidential portions omitted and filed separately with the Securities and Exchange Commission pursuant to an application for confidential treatment pursuant to Rule 24b-2 under the Securities Act of 1934, as amended.
During the term of this Agreement the Licensee shall have the non-exclusive use of the Premises for the following purpose(s): Vendor Bazaar
During the term of this Agreement. 6.2 For the purposes of the Agreed Purposes as listed in clause 2.3 of this Agreement, each Party shall ensure that it Processes Shared Personal Data on the basis of one of the following legal grounds:
During the term of this Agreement the Union and the bargaining unit members agree there shall be no strike, slowdown, picketing or other economic action and the Employer agrees there shall be no lockout.
During the term of this Agreement. 1. The Parties agree to negotiate, actively and in good faith, a lease extension for the Premises.
During the term of this Agreement the Employer’s occasional inadvertent failure to exercise, or inconsistent exercise, of any right prerogative or function reserved to it in Section 1, above, shall not constitute a waiver of the Employer’s right to exercise such right in the future in a manner consistent with, and provided by, the terms of this Agreement.