Executive Employees Clause Samples
The "Executive Employees" clause defines which individuals within an organization are considered executive-level staff for the purposes of the agreement. Typically, this clause outlines the specific titles or roles that qualify as executive employees, such as Chief Executive Officer, Chief Financial Officer, or other senior management positions. By clearly identifying who is included as an executive employee, the clause ensures that certain rights, responsibilities, or benefits—such as severance, confidentiality, or non-compete obligations—are properly allocated to the appropriate personnel, thereby reducing ambiguity and potential disputes.
Executive Employees. 20 3.18 Employees................................................. 20 3.19
Executive Employees. (a) Annexed hereto as Schedule 4.25 is a correct and complete list of the names, titles and current annual salary rates of and bonuses paid or payable to all present non-union officers and employees of GBGC and IMG whose 1998 annual salary (including bonuses paid or payable in 1997 or thereafter) is expected to exceed $50,000 USD ("Executive Employees").
(b) GBGC and IMG do not have any employment agreement with, and do not maintain any Plan with respect to, any Executive Employees, except as disclosed on Schedule 4.25.
Executive Employees. 21 Section 4.26 Employees.............................................................................21 Section 4.27 Environmental Laws....................................................................22 Section 4.28 Bank Accounts, Letters of Credit and Powers of Attorney...............................23 Section 4.29
Executive Employees. (a) Annexed hereto as Schedule 4.25 is a correct and complete list of the names, titles and current annual salary rates of and bonuses paid or payable (including the value of any stock-based compensation) to all present non-union officers, employees and consultants of each of Lottery and its Subsidiaries whose 1999 annual salary or compensation (including bonuses paid or payable in 1998 or thereafter) is expected to exceed $50,000 ("Executive Employees").
(b) Neither Lottery nor any of its Subsidiaries has any employment agreement with, and does not maintain any Plan with respect to, any Executive Employees or other employees, except as disclosed on Schedule 4.25.
(c) All information and other relevant documentation relating the financial condition of Lottery and its Subsidiaries provided to Parent or Merger Sub by Lottery accurately reflect all outstanding liability relating to compensation for length of service, overtime (including, without limitation, banked overtime), vacation or holiday pay, salary, bonuses, stock options or any other compensation owed or owing to any and all employees and consultants of each of Lottery and its Subsidiaries.
Executive Employees. (a) Schedule 3.16(a) lists the names, titles and current annual salary rates of and bonuses paid during the 1999 fiscal year or payable to all present officers and employees of each of the Company whose 1999 annual base salary exceeded $75,000 ("Executive Employees").
(b) Except as set forth in Schedules 3.15(a) or 3.16(b), the Company does not have any employment agreement with, or maintain any employee benefit plan (within the meaning of Section 3(3) of ERISA) with respect to, any of its Executive Employees. Except as set forth on Schedule 3.16(b), there are no agreements with respect to Executive Employees which are subject to Section 280G of the Code or which would obligate the Company to make any payment or provide any benefit that could be subject to tax under Section 4999 of the Code.
Executive Employees. (a) Schedule 3.17 lists the names, titles and current annual salary rates of and bonuses paid or payable to all present officers and employees of the Company or CN Ltd. whose 1999 annual base salary exceeded $75,000 ("Executive Employees").
(b) Except as set forth in Schedules 3.16 or 3.17, neither the Company nor CN Ltd. has any employment agreement with, or maintains any employee benefit plan (within the meaning of Section 3(3) of ERISA) with respect to, any of its Executive Employees. There are no agreements with respect to Executive Employees which would obligate the Company or CN Ltd. to make any payment or provide any benefit the deduction of which is limited by Section 280G of the Code or that could be subject to tax under Section 4999 of the Code.
Executive Employees. (a) SCHEDULE 2.16(a) lists the names, titles and current annual salary rates of and bonuses paid in the years 2000 through 2002 or currently payable to all present officers and employees of Acquired Corp whose annual base salary in such year exceeded $50,000 (the "Executive Employees").
(b) SCHEDULE 2.16(b) lists Acquired Corp's employment agreements and employee benefit plan (within the meaning of section 3(3) of ERISA) with respect to, any Executive Employees. There are no agreements with respect to any Executive Employees which would obligate Acquired Corp to make any payment or provide any benefit the deduction of which is limited by section 280G of the Code or that could be subject to tax under section 4999 of the Code.
Executive Employees. (a) SCHEDULE 2.16 lists the names, titles and current annual salary rates of and bonuses paid in the years 1999 through 2001 or currently payable to all present officers and employees of each Acquired Entity and Acquired Corp whose annual base salary in such year exceeded $50,000 (the "Executive Employees").
(b) None of the Acquired Entities or Acquired Corp has any employment agreement with, or maintains any employee benefit plan (within the meaning of section 3(3) of ERISA) with respect to, any Executive Employees. There are no agreements with respect to any Executive Employees which would obligate Acquired Corp or any of the Acquired Entities to make any payment or provide any benefit the deduction of which is limited by section 280G of the Code or that could be subject to tax under section 4999 of the Code.
Executive Employees. Micron Singapore shall make a written offer of employment as provided in Section 1.12(c) to each Relevant Employee who will not be a Transferred Employee (each an “Executive Employee”), which offer shall be conditional upon the Closing (such offer shall hereinafter be referred to as “MSA’s Offer”). If any such Executive Employee accepts MSA’s Offer and commences employment with Micron Singapore as a result, the employment of the Executive Employee with IMFS will be deemed to be terminated by mutual consent with effect from the close of business on the day before the Closing. **** will not pay to any **** as a result of such termination any payment for **** nor any **** which would otherwise fall due for payment after the Closing Date. The document recording the terms upon which the Executive Employee’s employment with IMFS terminates by mutual consent shall be in the form customarily used by IMFS (the “Termination Agreement”).
Executive Employees. (a) Target has previously furnished to Merger Sub and Parent a correct and complete list of the names, titles and current annual salary rates of and bonuses paid or payable to all present non-union officers and employees of Target whose 1996 annual salary (including bonuses paid or payable in 1996 or thereafter) is expected to exceed $50,000 ("Executive Employees").
(b) Target has no employment agreement with, or maintains any Plan with respect to, any Executive Employees.