Maintaining and Augmenting Current Management Clause Samples

Maintaining and Augmenting Current Management. Keep the existing management team in place. Management will be augmented to bring in core expertise in any material lines of business added as a result of acquisitions. 263979582v.2
Maintaining and Augmenting Current Management. The Company has a highly experienced senior management team already in place, with 20+ years of average tenure, who will continue to run the business. Following completion of the Proposed Transaction, the management team will continue to be responsible for the day-to-day operations of the business, including account administration and servicing, and execution of the Company’s ongoing risk management strategy, including hedging, investment management and asset-liability management. Additionally, management will be asked to help diligence, value and potentially oversee the operation of books of business which the Company may acquire. Pursuing this growth strategy may require the Company to invest in additional staff and senior management with the expertise to evaluate and operate lines of business not currently on the Domestic Insurers’ balance sheets. Key members of the management team will be retained through employment agreements and long- term incentives that are aligned with continued excellence in service to policyholders, profitable growth and long-term value creation for the Company and its shareholders.

Related to Maintaining and Augmenting Current Management

  • Cloud Computing State Risk and Authorization Management Program In accordance with Senate Bill 475, Acts 2021, 87th Leg., R.S., pursuant to Texas Government Code, Section 2054.0593, Contractor acknowledges and agrees that, if providing cloud computing services for System Agency, Contractor must comply with the requirements of the state risk and authorization management program and that System Agency may not enter or renew a contract with Contractor to purchase cloud computing services for the agency that are subject to the state risk and authorization management program unless Contractor demonstrates compliance with program requirements. If providing cloud computing services for System Agency that are subject to the state risk and authorization management program, Contractor certifies it will maintain program compliance and certification throughout the term of the Contract.

  • Cloud Computing State Risk and Authorization Management Program (TX-RAMP In accordance with Senate Bill 475, Acts 2021, 87th Leg., R.S., pursuant to Texas Government Code, Section 2054.0593, Contractor acknowledges and agrees that, if providing cloud computing services for System Agency, Contractor must comply with the requirements of the state risk and authorization management program and that System Agency may not enter or renew a contract with Contractor to purchase cloud computing services for the agency that are subject to the state risk and authorization management program unless Contractor demonstrates compliance with program requirements. If providing cloud computing services for System Agency that are subject to the state risk and authorization management program, Contractor certifies it will maintain program compliance and certification throughout the term of the Contract.

  • Please see the current Washtenaw Community College catalog for up-to-date program requirements Conditions & Requirements

  • Monitoring and Audit 17.1 The Authority may monitor the provision of the Services and the Supplier shall co-operate, and shall procure that Staff and any Sub-contractors co-operate, with the Authority in carrying out the monitoring at no additional charge to the Authority. 17.2 The Supplier shall keep and maintain until 6 years after the end of the Contract Term full and accurate records of the Contract including the Services supplied under it and all payments made by the Authority. The Supplier shall allow the Authority, the National Audit Office and the Comptroller and Auditor General reasonable access to those records and on such terms as they may request. 17.3 The Supplier agrees to provide, free of charge, whenever requested, copies of audit reports obtained by the Supplier in relation to the Services.

  • Real and Reactive Power Control and Primary Frequency Response 9.5.1 Power Factor Design Criteria.