LIMITATIONS AND CONDITIONS TO DRAWS. Xxxxx may not draw any funds that are not Available Funds, and the aggregate amount of all Draws at any time may not exceed the total amount of the MPB that has become Available Funds as of that time. Amounts previously borrowed may not be reborrowed, notwithstanding prior repayment. At any time that Xxxxx desires to draw Available Funds, Xxxxx must be an employee in good standing with Exult Ltd at such time and be in compliance with all written policies put in place by the Company and Exult Ltd from time to time (subject to provisions of the Employment Agreement that may supersede those policies). Draws may be made only for purposes of funding payments of income taxes payable by Xxxxx. Xxxxx shall sign a receipt in a form reasonably satisfactory to the Company evidencing his receipt of each Draw.
LIMITATIONS AND CONDITIONS TO DRAWS. Campxxxx xxx not draw any funds that are not Available Funds, and the aggregate amount of all Draws at any time may not exceed the total amount of the MPB that has become Available Funds as of that time. At any time that Campxxxx xxxires to draw Available Funds, Campxxxx xxxt (i) be an employee in good standing with the Company at such time and be in compliance with the Company's written policies put in place by the Company from time to time (ii) provide at least five days' written notice as to the amount of Available Funds to be drawn. Campxxxx xxxll sign a receipt in a form reasonably satisfactory to the Company evidencing his receipt of each Draw.
