Executive Privileges and Compensation Sample Clauses

Executive Privileges and Compensation. (a) Subject to the Orders, the Related Section 363 Transactions and the Cases, the Borrower shall cause each Group Member to comply with the following restrictions on executive privileges and compensation:
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Executive Privileges and Compensation. (a) During the Relevant Period, the Borrower shall comply with the following restrictions on executive privileges and compensation:
Executive Privileges and Compensation. During the Relevant Period, the Borrower shall submit a certification within 15 days after the conclusion of each fiscal quarter beginning with the fiscal quarter ended September 30, 2009, certifying that the Borrower has complied with and is in compliance with the provisions set forth in Section 5.16. Such certification shall be made to the Lender by an SEO of the Borrower, subject to the requirements and penalties set forth in Xxxxx 00, Xxxxxx Xxxxxx Code, Section 1001.
Executive Privileges and Compensation. (a) During the Relevant Period and subject to any Applicable Law of Canada or a province, the Borrower shall comply with the following restrictions on executive privileges and compensation:
Executive Privileges and Compensation. The Borrower shall submit a certification on the last day of each month beginning July 2009, certifying that the Borrower has complied with and is in compliance with the provisions set forth in Section 5.16. Such certification shall be made to the Lenders by an SEO of the Borrower, subject to the requirements and penalties set forth in Xxxxx 00, Xxxxxx Xxxxxx Code, Section 1001;
Executive Privileges and Compensation. The Borrower shall submit a certification on the last day of each fiscal quarter beginning with the first fiscal quarter of 2009, certifying that each Relevant Company has complied with and is in compliance with the provisions set forth in Section 7.17. Such certification shall be made to the TARP Compliance Office by an SEO of the Borrower, subject to the requirements and penalties set forth in Xxxxx 00, Xxxxxx Xxxxxx Code, Section 1001. Each notice pursuant to this Section 7.02 shall be accompanied by a certificate signed by a Responsible Person of the relevant Loan Party setting forth details of the occurrence referred to therein and stating what action such Loan Party has taken or proposes to take with respect thereto.
Executive Privileges and Compensation. From the Effective Date until the latest to occur of (i) the termination of the Loan Agreement and satisfaction of all Obligations thereunder, (ii) such time as the Lender ceases to own any Equity Interests of the Borrower acquired under any Loan Documents (including any Warrants and underlying Equity Interests acquired by the Lender upon exercise thereof), and (iii) the termination of the Warrant Agreement, the Borrower shall comply with the provisions of Section 7.17. Section 7.17 shall survive termination of the Loan Agreement and satisfaction of all Obligations thereunder.
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Executive Privileges and Compensation 

Related to Executive Privileges and Compensation

  • Services and Compensation Consultant agrees to perform for the Company the services described in Exhibit A (the “Services”), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • SALARIES AND COMPENSATION 47 Section 17.1. Base Pay and Merit Increases……………………………………….. 47 Section 17.2. Employee's Contribution to OPERS……………………………….… 49 Section 17.3. Salary Deductions……………………………………………………... 50 Section 17.4. Working Out of Classification.......................................................... 50 Section 17.5. Shift Differential............................................................................... 51 Section 17.6. Service Credit................................................................................. 51 Section 17.7. Adoption Assistance Program......................................................... 52 Section 17.8. Pre-Tax Dependent Care Program................................................. 53 Section 17.9. Wage Rate Adjustment.................................................................. 53 Section 17.10. Individual Classification Pay Grade Assignment Change…………… 53 ARTICLE 18 – INSURANCE…………………………………………………………. 53 Section 18.1. Health and Hospitalization, Prescription Drug, Disability, Dental and Vision Coverage…………………………………………………………………… 53 Section 18.2. Cost……………………………………………………………………... 58 Section 18.3. Life Insurance………………………………………………………….. 59 Section 18.4. Continuation of Benefits while on Unpaid Leave…………………… 60 Section 18.5. Terms of Insurance Policies to Govern……………………………... 60 Section 18.6. IRC Section 125 Plan…………………………………………………. 60 Section 18.7. Disability Leave………………………………………………………… 60 Section 18.8. Benefits Booklet……………………………………………………….. 62 Section 18.9. Training…………………………………………………………………. 62

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and long-term incentive plans which Company or an affiliate of Company may from time to time make available to Employee, Employee shall be entitled to the following during the Employment Term:

  • WAGES AND COMPENSATION Section 1:

  • Other Compensation and Benefits Except as may be provided under this Agreement,

  • Employees and Compensation Schedule 3.12 contains a true and complete list of all employees of the Station, their job description, date of hire, salary and amount and date of last salary increase. Schedule 3.12 also contains a true and complete list as of the date of this Agreement of all employee benefit plans or arrangements applicable to the employees of the Station and all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed by Seller at the Station, including pension or thrift plans, individual or supplemental pension or accrued compensation arrangements, contributions to hospitalization or other health or life insurance programs, incentive plans, bonus arrangements, and vacation, sick leave, disability and termination arrangements or policies, including workers' compensation policies, and a description of all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed at the Station or any person now or formerly retained as an independent contractor at the Station.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • Other Compensation or Benefits You acknowledge that, except as expressly provided in this Agreement, you will not receive any additional compensation, severance or benefits after the Separation Date.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period.

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