REASON FOR AGREEMENT Sample Clauses

REASON FOR AGREEMENT. This Agreement is created due to the Couple contemplating marriage with one another. If such marriage should become in effect, this Agreement shall be considered in a legally binding contract in accordance with Governing Law to the benefit of the Couple.
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REASON FOR AGREEMENT. This Agreement is an agreement drafted after conferences and negotiations, and represents a fair and amicable adjustment of the minimum wages and working conditions of commercial recording Performers, thus insuring more stable, harmonious and ethical conditions in the industry.
REASON FOR AGREEMENT. The Corporate Commission and Manager are entering into this Agreement for the purpose of complying with IGRA, and to obtain the approval of this Agreement by the NIGC as contemplated by IGRA.
REASON FOR AGREEMENT. The industrial gases and other businesses in which the Company participates are intensely competitive. All of the major companies that compete in these businesses are continually searching for competitive advantage that will give them a benefit over their competitors in the marketplace. The Company develops its employees by providing them with training, education, access to the Company’s intellectual property, systems, strategies and other confidential information in order to make them as competitive and effective as possible in performing their jobs for the benefit of the Company’s shareholders and other constituencies with an interest in the Company’s success: its employees, customers, suppliers and the communities in which the Company does business. The loss of an employee represents the loss of a significant investment and competitive asset to the Company, and if the employee is lost to a competitor, that investment could be used against the Company in the competitive marketplace. The purpose of this Agreement is to protect the Company’s investment in its employees, its trade secrets and other strategic Confidential Information (as defined herein) and customers, and to prevent that investment from being used against the Company for a reasonable period of time.
REASON FOR AGREEMENT. The primary reasons for the Development Agreement: ▪ The State Construction Department budget provided to Laramie County School District Number One (District) did not contain funding to fully program for the offsite financial requirements associated with the infrastructure improvements of Xxxxxxx Street. ▪ Allows the City to acquire a 3.3-acre parcel of land owned by the District situated on the southwest portion of the South High School property for the future extension of Cribbon Avenue and York Drive. Monument Home Builders, Inc. will be completing under a separate development agreement forthcoming to the governing body for approval as part of the Harmony Valley development. ▪ Both parties understand the mutual benefit associated with the construction of Coyote Ridge Elementary and Xxxxxxx Street to the community and children served by both the District and City Memorandum Honorable Mayor Xxxxxxx X. Xxxxxxx Members of City Council March 9, 2022
REASON FOR AGREEMENT. For purposes of the Servicemembers Civil Relief Act (“SCRA”), it is important for the Landlord to be advised of the military status of the Tenant. Further, the SCRA permits the waiver of certain rights under the SCRA, and this Agreement contains such a waiver.
REASON FOR AGREEMENT. You and Capital One desire to set forth the final terms relating to your employment with Capital One and your separation therefrom. Capital One has notified you of your job elimination effective at the close of business on December 31, 2011 (the “Job Elimination Date”). Notwithstanding the Job Elimination Date, and in exchange for your execution of this Agreement and your agreement to execute a “Supplemental General Release” after your separation (which form of agreement is attached hereto as Appendix A), Capital One will reassign you to a new role effective January 1, 2012, will continue your employment through March 31, 2012, subject to the terms below, and will provide severance payments and benefits as discussed herein. Your separation from service with Capital One will be effective April 1, 2012 (such date, or if earlier the date on which your employment with Capital One and all of its affiliates terminates, the “Separation Date”).
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REASON FOR AGREEMENT. The purpose of this Supplemental Release is to supplement, but not supersede that certain Separation Agreement and Release that you executed on [DATE] (the “Separation Agreement”), by and between you and Capital One, which is incorporated herein by reference. In the event that any inconsistencies occur between this Supplemental Release and the Separation Agreement, you agree that the terms of this Supplemental Release shall govern and be given full and binding effect. You further agree that to the extent not specifically set forth in this Supplemental Release the provisions set forth in the Separation Agreement, including, but not limited to Non-solicitation of Employees, Return of Company Assets, Confidentiality, and all other terms of the Separation Agreement shall be enforceable in their entirety and are fully incorporated herein by reference. Consideration Separation Payment You have concluded your Transition Period with Capital One (as that term is defined in the Separation Agreement) and agree that as of your Separation Date (as defined in the Separation Agreement) [INSERT DATE UPON TERMINATION], you are no longer employed by Capital One. As consideration for this Supplemental Release, and specifically, but without limitation, as consideration for your agreement to the provisions under “General Release of Claims,” Capital One shall pay you separation pay pursuant to the Capital One Financial Corporation Executive Severance Plan (the “Severance Plan”) in the amount of [INSERT AMOUNT], which amount reflects the severance payment provided for under the Severance Plan at the time you executed the Separation Agreement or such greater severance pursuant to the terms of the Severance Plan as of your Separation Date. Such amount shall be payable in one lump sum no later than 60 days after Capital One receives your fully executed Supplemental Release (such Supplemental Release shall be provided to you by Capital One within 7 business days following your Separation Date and shall be executed by you and Capital One within 28 days following your Separation Date). For the avoidance of doubt, the provision in the Severance Plan for delay in the payment of a portion of an associate’s severance payment until the end of the non-competition period under the NCA shall not apply to the separation payment to be made to you hereunder, and Capital One acknowledges that as of the Separation Date you are not subject to any non-competition or conflict-of-interest covenants. A...
REASON FOR AGREEMENT. In December 2010, the California Energy Commission (CEC) approved a license for the Rice Solar Energy Project (Project), a 150-megawatt (MW) solar thermal power plant on approximately 2,560 acres of private land in eastern Riverside County, California. Among the conditions of certification in the license is Condition of Certification BIO-10 Revegetation Plan and Compensation for Impacts to Native Vegetation Communities, which requires that areas cleared during construction be reseeded with a native seed mix and that the success of the revegetation be monitored for a minimum of two years or until the success criteria has been met. Initial project work was authorized by the CEC in a Limited Notice to Proceed (LNTP) issued in August 2013 to cut a perimeter road path and install desert tortoise exclusion fencing and storm water Best Management Practices (BMPs). The Project Owner was unable to secure funding to support any further work and the exclusion fence and BMPs were removed from the project site in June 2014. Native vegetation removed during work under the LNTP was not revegetated as required by BIO-10. Subsequently, the Project Owner’s land lease option agreement with the private property owner was terminated. The property owner requests that no restoration work be conducted on their property. The Project Owner posted a Letter of Credit for $139,017 as security for meeting the requirements of BIO-10, and the CEC exercised its option to collect these funds from the issuing bank, JPMorgan Chase. The funds are currently in a Special Deposit Fund established by the State Controller’s Office (account number 0942368-3360-1945-501). Since work could not occur at the site of disturbance, the CEC looked for other opportunities to restore/revegetate desert tortoise habitat. The CEC requirements to meet Condition of Certification BIO-10 includes work that occurs in the Colorado Desert, to restore/revegetate desert tortoise habitat through seed collection, plant propagation, planting and monitoring.
REASON FOR AGREEMENT. You and Capital One desire to set forth the final terms relating to your continued employment with Capital One, your role with Capital One during that time, and your separation therefrom. In exchange for your execution of this Agreement and your agreement to execute a “Supplemental General Releaseafter your Termination Date (as defined below) (which form of agreement is attached hereto as Exhibit A), Capital One will continue your employment through the Termination Date, subject to the terms below, and will provide severance payments and benefits and the Non-Compete Consideration as described herein. Your separation from service with Capital One will be effective on the Termination Date.
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