Employees of the Manager Sample Clauses

Employees of the Manager. Manager shall select, employ, pay compensation (including the payment of all social security taxes, unemployment taxes and similar payments related thereto) and any applicable severance (which severance shall be reimbursable by the Company to Manager) to, supervise and direct all personnel and employees of the Manager necessary for the performance of the Services.
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Employees of the Manager. The Manager shall comply with these terms and conditions regarding any employees engaged directly by the Manager (the “Manager Employees”):
Sample 1
Employees of the Manager. 22.1 The Manager shall in accordance with Good Industry Practice recruit such on-site staff for the Management Company as shall be reasonably necessary and proper to operate and control the supervision and management of the Estate and will account as necessary on behalf of the Management Company for any National Insurance PAYE or other statutory or legal deductions and will arrange any necessary insurance for all such staff including any agreed level of fidelity insurance as may be necessary for any such staff AND ALSO the Developer nor its agents nominees or employees will issue orders or directions to any such staff or interfere in any way with their employment
Sample 1
Employees of the Manager. Without regard to the amount of compensation received under this Agreement by the Manager, the Manager or its Affiliates shall be responsible for the wages and salaries of the Manager’s officers and employees. CBRE or Melody shall be responsible for any severance obligations that may arise prior to June 30, 2008 under the current employment agreements of the employees of the Manager listed on Schedule 1. The Company shall be responsible for any severance obligations related to all other employees that are employed by the Manager as of the date of this agreement. The Company on the one hand, and CBRE and Melody on the other hand, shall each share equally any severance obligations arising out of the termination of Xxx Xxxxxx’x employment with the Manager; provided, however, that to the extent the termination of Xx. Xxxxxx arises out of the acquisition of the Company or its assets (through a merger, consolidation, business combination or otherwise), CBRE, Melody or the Manager shall have no obligation in respect of any such severance payments if Xx. Xxxxxx secures employment from the acquirer in such acquisition or its affiliates.
Sample 1
Employees of the Manager. Without regard to the amount of compensation received under this Agreement by the Manager, the Manager shall be responsible for the wages and salaries of the Manager’s officers and employees.
Sample 1
Employees of the Manager. The Manager shall select, employ, pay compensation to, supervise and direct all personnel and employees of the Manager necessary for the performance of the Services, in each case in accordance with the terms of the Budget. Notwithstanding the foregoing, (i) Blackstone shall have the right to approve the identification or addition of any employee or personnel of the Manager providing the Services and any proposed compensation or terms and conditions thereof, as well as the inclusion of such compensation in the Budget and (ii) after prior consultation with the Manager, Blackstone may at any time, in its sole discretion with or without cause, direct that the Manager remove any particular employee or agent of the Manager from provision of the Services, and, following any such removal and the payment of all amounts properly owed to such employee or agent as of the date of such removal, the salary and other costs related to such employee or agent shall be excluded from the calculation of Allocable Overhead Costs or Out of Pocket Expenses, as applicable. Notwithstanding the foregoing, the Manager (i) shall not terminate any Manager Control Party without Cause without the prior written consent of Blackstone and (ii) shall use its commercially reasonable efforts to cure any circumstances which would constitute Good Reason with respect to any Manager Control Party.
Sample 1

Related to Employees of the Manager

  • Employees of the Company During the Restricted Period and thereafter for as long as the Executive shall remain an employee of or consultant to the Company, the Executive shall not, directly or indirectly, hire or solicit any employee or independent sales agent of the Company away from the Company or encourage any such employee or agent to leave such employment.

  • Employment of the Manager The Trust hereby employs the Manager to manage the investment and reinvestment of the Fund’s assets, to administer its affairs, and to provide or procure, as applicable, the administrative and other services described in Section 2.C. of this Agreement, as may be supplemented from time to time, subject to the direction of the Board of Trustees and the officers of the Trust, for the period and on the terms hereinafter set forth. The Manager hereby accepts such employment and agrees during such period to render the services and to assume the obligations herein set forth for the compensation herein provided. The Manager shall for all purposes herein be deemed to be an independent contractor and shall, except as expressly provided or authorized (whether herein or otherwise), have no authority to act for or represent the Fund or the Trust in any way or otherwise be deemed an agent of the Fund or the Trust.

  • Compensation of the Manager For the services to be rendered by the Manager as provided in this Agreement, the Fund shall pay to the Manager a fee computed on the aggregate net asset value of the Portfolio as of the close of each business day and payable monthly at the annual rate of 0.20%. In the event that this Agreement is terminated at other than a month-end, the fee for such month shall be prorated, as applicable.

  • Duties of the Manager (a) The Manager shall, subject to the direction and control of the Trust’s Board of Trustees (i) (except to the extent an investment subadviser (each, a “Subadviser”), as defined below, has been retained in respect of some or all of the assets of the Fund) furnish continuously an investment program for the Fund and make investment decisions on behalf of the Fund and place all orders for the purchase and sale of portfolio securities; and (ii) provide reports on the foregoing to the Board of Trustees at each Board meeting.

  • Activities of the Manager The services of the Manager to the Fund hereunder are not to be deemed exclusive, and the Manager and any of its affiliates shall be free to render similar services to others. Subject to and in accordance with the Agreement and Declaration of Trust and By-Laws of the Trust and Section 10(a) of the 1940 Act, it is understood that trustees, officers, agents and shareholders of the Trust are or may be interested in the Manager or its affiliates as directors, officers, agents or stockholders; that directors, officers, agents or stockholders of the Manager or its affiliates are or may be interested in the Trust as trustees, officers, agents, shareholders or otherwise; that the Manager or its affiliates may be interested in the Fund as shareholders or otherwise; and that the effect of any such interests shall be governed by said Agreement and Declaration of Trust, By-Laws and the 1940 Act.

  • Expenses of the Manager The Manager shall be responsible for the following expenses:

  • Committees of the Board The Board of Managers may from time to time appoint such standing or special committees as it may deem for the best interest of the Company, but no such committee shall have any powers, except such as are expressly conferred upon it by the Board of Managers.

  • Services of the Manager The Manager represents and warrants that it is registered as an investment adviser under the Investment Advisers Act of 1940 and will maintain such registration for so long as required by applicable law. Subject to the general supervision of the Board of Directors of the Fund, the Manager shall provide the following advisory, management, and other services with respect to the Series:

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