On the First Anniversary Sample Clauses

On the First Anniversary. Medex shall pay in full the Change in Control Benefits, including, without limitation, the continuation of medical insurance coverage in the manner contemplated by Section 6(c)(iv) of the Agreement, on the earlier of (i) the date Medex terminates your employment, (ii) the termination of your employment for Good Reason or on account of your death or disability or (iii) so long as you remain employed with Medex during the entire twelve months period following the Closing, the first anniversary of the Closing. Notwithstanding anything set forth in the Agreement to the contrary, the parties acknowledge and agree that the aggregate cash payment to be paid as part of the Change in Control Benefits shall include interest thereon at the prime rate as published in the Eastern edition of the Wall Street Journal from January 1, 2005 to the date of payment. If you agree with the terms and conditions of this letter, please return one original executed copy of this document to me. This letter shall become effective only at the Closing, and if the Merger Agreement is terminated for any reason whatsoever, the terms of this letter shall be of no force and effect. Sincerely, Smiths Medical Holdco Limited By: /s/ X. X. Xxxxx Name: X. X. Xxxxx Title: Authorized Signatory Medex, Inc. By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: CFO The above terms are accepted and approved: /s/ Xxxxxxxx X. Arena (Signature of the Employee) Dated: December 5, 2004
Sample 1See All (4)

Related to On the First Anniversary

  • CONTRACT ANNIVERSARY The same date in each subsequent year as your Contract Date.

  • Anniversary Date A regular employee’s initial date of current employment with the Employer as a regular employee shall be her anniversary date for the purpose of determining benefits and for the purpose of determining increment anniversary date. (Reference Article 6.05 - Superior Benefits and Article 12.03 - Increments).

  • The First Closing Date Delivery of certificates for the Firm Common Shares to be purchased by the Underwriter and payment therefor shall be made at the offices of Mxxxxx Xxxxxxx Xxxxxx & Brand, LLP, 90 Xxxxx 0xx Xxxxxx, Xxxxx 0000, Xxxxxxxxxxx, Xxxxxxxxx 00000 (or such other place as may be agreed to by the Company and the Underwriter) at 9:00 a.m., Minneapolis, Minnesota time, on ______, 2006, or such other time as the Underwriter shall designate by notice to the Company (the time and date of such closing are called the “First Closing Date”). The Company hereby acknowledges that circumstances under which the Underwriter may provide notice to postpone the First Closing Date as originally scheduled include, but are in no way limited to, any determination by the Company or the Underwriter to recirculate to the public copies of an amended or supplemented Prospectus.

  • Anniversary Fee A non-refundable anniversary fee of Two Hundred Thousand Dollars ($200,000) (the “Anniversary Fee”) is earned as of the Effective Date and is due and payable on the earliest to occur of (i) one quarter payable on each of the 1st, 2nd, 3rd and 4th anniversaries of the Effective Date (for avoidance of doubt Fifty Thousand Dollars ($50,000) of such fee shall be due on each such anniversary), (ii) the termination of this Agreement or (iii) the occurrence and continuance of an Event of Default and an acceleration by Bank of the Obligations under this Agreement and the other Loan Documents.

  • Due Dates Other Than the First of the Month Mortgage Loans having Due Dates other than the first day of a month shall be accounted for as described in this Section 4.04. Any payment due on a day other than the first day of each month shall be considered due on the first day of the month following the month in which that payment is due as if such payment were due on the first day of said month. For example, a payment due on August 15 shall be considered to be due on September 1 of said month. Any payment collected on a Mortgage Loan after the Cut-off Date shall be deposited in the Custodial Account. For Mortgage Loans with Due Dates on the first day of a month, deposits to the Custodial Account begin with the payment due on the first of the month following the Cut-off Date.

  • Anniversary Dates Except as may otherwise be provided for in deep class resolutions, anniversary dates will be set as follows:

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

  • Vesting Commencement Date The Vesting Commencement Date of the Option hereby granted is January 1, 2004.

  • Termination Date Termination Date: shall mean (i) if the Executive's employment is terminated by the Company for Disability, thirty (30) days after notice of termination is given to the Executive (provided that the Executive shall not have returned to the performance of the Executive's duties on a full-time basis during such thirty (30) day period), (ii) if the Executive's employment is terminated by the Company for any other reason, the date on which a notice of termination is given, or (iii) if the Agreement is terminated by the Executive, the date on which the Executive delivers the notice of termination to the Company.

  • FIFTH The Distributor shall act as an agent of the Company in connection with the sale and redemption of Shares. Except with respect to such sales and redemptions, the Distributor shall act as principal in all matters relating to the promotion of the sale of Shares and shall enter into all of its own engagements, agreements and contracts as principal on its own account. The Distributor shall enter into agreements with investment dealers and financial institutions selected by the Distributor, authorizing such investment dealers and financial institutions to offer and sell the Shares to the public upon the terms and conditions set forth therein, which shall not be inconsistent with the provisions of this Agreement. Each agreement shall provide that the investment dealer or financial institution shall act as a principal, and not as an agent, of the Company.