Employee Members Sample Clauses

Employee Members. Currently this translates into the following numbers: Country No. of members xxx.xxxxXxx-xxxxxx.xx 4 Finland 1 ** France 1 Italy 1 Germany 1 Spain 1 The Xxxxxxxxxxx 0 Xxxxxxx 0 Xxxxxx 1 United Kingdom 1 ** Represented by Sweden Should the current number of employees exceed the current formula for membership additional members may be added at the annual meeting. Membership will be reviewed annually at the face to face meeting. xxx.xxxx-xx.xx
Sample 1
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Employee Members. The Persons from time to time admitted as Employee Members in accordance with this Agreement, and their respective permitted successors and assigns, for so long as each such Person is an Employee Member. The names of the Employee Members on the date hereof are set forth on Exhibit A. Each Employee Member shall be further designated with a series number, such as "Series 1 Employee Member," which series number shall correspond to the numerical designation of the series of Employee Interests owned by such Employee Member, with respect to such Employee Interests. The term "Employee Members" shall refer to all Employee Members, without regard to such series designations.
Sample 1
Employee Members. Series 1 Employee Members Net Asset Value at Issue Series 1 Employee Interests Employee Percentage Participating Percentage Employee Liquidation Preference Mxxxx Xxxxxx $5,000,000 500 5.000 % 5.000 % $250,000 Pxxx Xxxxxx $5,000,000 200 2.000 % 2.000 % $100,000 Mxxxx Xxxxxxxx $5,000,000 200 2.000 % 2.000 % $100,000 Sxxxx Xxxxxxx $5,000,000 100 1.000 % 1.000 % $50,000 Sxxxx Xxxxxxx $5,000,000 100 1.000 % 1.000 % $50,000 Mxxxxxx Xxxxx $5,000,000 100 1.000 % 1.000 % $50,000 Mxxx Xxxxxxx $5,000,000 50 0.500 % 0.500 % $25,000 Lxx Xxxxxxx $5,000,000 100 1.000 % 1.000 % $50,000 Dxxxxxx Xxxxxx $5,000,000 50 0.500 % 0.500 % $25,000 Dxxxx Xxxx $5,000,000 50 0.500 % 0.500 % $25,000
Sample 1
Employee Members s/ XXXXX X. XXXXXXX ----------------------------- Xxxxx X. Xxxxxxx /s/ XXXXXXX XXXXX ----------------------------- Xxxxxxx Xxxxx /s/ XXXXXX XXXXX ----------------------------- Xxxxxx Xxxxx GROVE INVESTORS LLC
Sample 1
Employee Members. To the extent the Employee Members have not had the opportunity to obtain certain additional Class A Units (the "UNVESTED CLASS A UNITS") pursuant to the Management Incentive Plan because the date of such opportunity has not yet arisen as of the date of the Reconstitution, the Reconstituted Company shall enter into a plan with such Employee Members to replace such Unvested Class A Units with options to purchase Equity Securities in the Reconstituted Company, which will have exercise prices comparable to the price inherent in such employee Member's Exercise Price Equivalent.
Sample 1
Employee Members. Notwithstanding any provision to the contrary contained in this Agreement, but subject to the terms of any employment agreement or other independent agreement between a Member and the Company (the terms of which shall supersede this Section 9.04), in the event of any Termination of Employment of a Management Member, the Company shall purchase and redeem, and the Management Member shall sell and transfer, all of the Units standing in the name of the Management Member as of the end of the calendar month in which Termination of Employment occurs. The per-Unit purchase price for the Units shall be determined in accordance with the terms of the Management Member’s employment agreement August 10, 1999 Restated October 26, 2004 with the Company or, in the absence of any such price, at the Member’s adjusted Capital Account balance.
Sample 1
Employee Members 
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Related to Employee Members

  • Committee Members See Section 3.5(a). -----------------

  • Committee Membership 1. Local representatives on committees specifically established by this Collective Agreement shall be appointed by the local.

  • New Members No person may be admitted as a member of the Company without the approval of the Member.

  • Employer The term “

  • Project Employment 1. The Employer may appoint employees into project positions for which employment is contingent upon state, federal, local, grant, or other special funding of specific and of time-limited duration. The Employer will notify the employees, in writing, of the expected ending date of the project employment.

  • Key Employees The Adviser is not aware that (i) any of its executives, key employees or significant group of employees plans to terminate employment with the Adviser or (ii) any such executive or key employee is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by either the Adviser’s present or proposed business activities, except, in each case, as would not reasonably be expected, individually or in the aggregate, to have an Adviser Material Adverse Effect.

  • Company Employees Each Party shall not, directly or indirectly solicit for employment, any employee of the other Party who has been directly involved in the performance of this Agreement during the Term and for one year after the earlier of the termination or expiration of this Agreement or the termination of such individual's employment, with the other Party. It shall not be a violation of this provision if any employee responds to a Party's general advertisement of an open position.

  • Summer Employment 26.1 In selecting teaching staffs for summer programs, employment shall be offered to teachers who are certified and “Highly Qualified” in the subject area(s).

  • Other Members The Holding Company may offer the Offer Shares, if any, remaining after the Subscription Offering, in the Community Offering on a priority basis to natural persons residing in the New Jersey counties of Cumberland and Gloucester; to the Minority Stockholders as of the Voting Record Date, and then to the general public. In the event a Community Offering is held, it may be held at any time during or immediately after the Subscription Offering. Depending on market conditions, Offer Shares available for sale but not subscribed for in the Subscription Offering or purchased in the Community Offering may be offered in the Syndicated Community Offering to members of the general public through a syndicate of registered broker-dealers under the terms set forth on Exhibit A (“Assisting Brokers”) that are members of the Financial Industry Regulatory Authority (“FINRA”) managed by Stifel as the sole book running manager. It is acknowledged that the number of Offer Shares to be sold in the Offering may be increased or decreased as described in the Prospectus (as hereinafter defined); that the purchase of the Offer Shares in the Offering is subject to maximum and minimum purchase limitations as described in the Plan and the Prospectus; and that the Holding Company may reject, in whole or in part, any subscription received in the Community Offering and Syndicated Community Offering. The Holding Company has filed with the U.S. Securities and Exchange Commission (the “Commission”) a Registration Statement on Form S-1 (File No. [__________]) in order to register the Shares under the Securities Act of 1933, as amended (the “1933 Act”), and the regulations promulgated thereunder (the “1933 Act Regulations”), and has filed such amendments thereto as have been required to the date hereof (the “Registration Statement”). The prospectus, as amended, included in the Registration Statement at the time it initially became effective is hereinafter called the “Prospectus,” except that if any prospectus is filed by the Holding Company pursuant to Rule 424(b) or (c) of the 1933 Act Regulations differing from the prospectus included in the Registration Statement at the time it initially becomes effective, the term “Prospectus” shall refer to the prospectus filed pursuant to Rule 424(b) or (c) from and after the time said prospectus is filed with the Commission and shall include any supplements and amendments thereto from and after their dates of effectiveness or use, respectively. In connection with the Conversion, the MHC filed with the OTS an application for conversion to a stock company (together with any other required ancillary applications and/or notices, the “Conversion Application”) and amendments thereto as required by the OTS in accordance with the Home Owners’ Loan Act, as amended (the “HOLA”), and 12 C.F.R. Parts 575 and 563b (collectively with the HOLA, the “Conversion Regulations”). The Holding Company has also filed with the OTS its application on Form H-(e)1-S (together with any interim merger applications and any other required ancillary applications and/or notices, the “Holding Company Application”) to become a unitary savings and loan holding company under the HOLA and the regulations promulgated thereunder. Collectively, the Conversion Application and the Holding Company Application may also be termed the “Applications.” Concurrently with the execution of this Agreement, the Holding Company is delivering to the Agent copies of the Prospectus dated [______________], 2010 to be used in the Subscription Offering and Community Offering (if any), and, if necessary, will deliver copies of the Prospectus and any prospectus supplement for use in a Syndicated Community Offering.

  • Employee Benefit Plans; Employment Agreements Except in --------------------------------------------- each case as set forth in SCHEDULE 4.10, (i) there has been no "prohibited transaction," as such term is defined in Section 406 of the Employee Retirement Income Security Act of 1975, as amended ("ERISA") and Section 4975 of the Code, with respect to any employee pension plans (as defined in Section 3(2) of ERISA, any material employee welfare plans (as defined in Section 3(1) of ERISA), or any material bonus, stock option, stock purchase, incentive, deferred compensation, supplemental retirement, severance and other similar fringe or employee benefit plans, programs or arrangements (collectively, the "COMPANY EMPLOYEE PLANS") which could result in any liability of the Company or any of its Subsidiaries; (ii) all Company Employee Plans are in compliance in all material respects with the requirements prescribed by any and all Laws (including ERISA and the Code), currently in effect with respect thereto (including all applicable requirements for notification to participants or the Department of Labor, Pension Benefit Guaranty Corporation (the "PBGC"), Internal Revenue Service (the "IRS") or Secretary of the Treasury), and the Company and each of its Subsidiaries have performed all material obligations required to be performed by them under, are not in any material respect in default under or violation of, and have no knowledge of any material default or violation by any other party to, any of the Company Employee Plans; (iii) each Company Employee Plan intended to qualify under Section 401(a) of the Code and each trust intended to qualify under Section 501(a) of the Code is the subject of a favorable determination letter from the IRS, and nothing has occurred which may reasonably be expected to impair such determination; (iv) all contributions required to be made to any Company Employee Plan pursuant to Section 412 of the Code, or the terms of any Company Employee Plan or any collective bargaining agreement, have been made on or before their due dates; (v) with respect to each Company Employee Plan, no "reportable event" within the meaning of Section 4043 of ERISA (excluding any such event for which the 30-day notice requirement has been waived under the regulations to Section 4043 of ERISA) nor any event described in Section 4062, 4063 or 4041 of ERISA has occurred; (vi) no withdrawal (including a partial withdrawal) has occurred with respect to any multiemployer plan within the meaning set forth in Section 3(37) of ERISA that has resulted in, or could reasonably be expected to result in, any withdrawal liability for the Company or any of its Subsidiaries; (vii) neither the Company nor any of its Subsidiaries has incurred, or reasonably expects to incur, any liability under Title IV of ERISA (other than liability for premium payments to the PBGC, and contributions not in default to the respective plans, arising in the ordinary course), (viii) none of the Company or any of its Subsidiaries is a party to any employment, consulting or similar agreement; and (ix) none of the Company or any of its Subsidiaries is or will be liable for any severance or other payments to any of its employees as a result of this Agreement or the consummation of the transactions contemplated hereby.

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