Release from Duties Sample Clauses

Release from Duties. Any negotiations held during the school day on behalf of the Association and the District, the employees on the negotiation team shall be released from regular duties without loss of salary or benefits.
AutoNDA by SimpleDocs
Release from Duties. All community officers are subject to release from duties by UCF Alumni for non-compliance with the office’s policies and procedures. Community officers who engage in behavior and/or activities that do not represent the University in a positive and professional manner are also subject to release from duties at the discretion of UCF Alumni. Community officers who have not met the duties and requirements for their role are subject to release from duties at the discretion of UCF Alumni.
Release from Duties. In consideration of the assumption by --------------------- Energizer, from and after the Effective Date, the Bank confirms that Xxxxxxx shall be discharged from all of its duties and obligations as Borrower under the Bridge Agreement and the other documents, instruments and agreements entered into in connection therewith and that from and after the Effective Date, Xxxxxxx shall have no further obligations or liabilities thereunder to the Bank.
Release from Duties. If the Board deems it necessary to involve employees during the school day in negotiating on behalf of the Association, such employees may be released from regular duties without loss of salary. The number of employees so released will not exceed two (2).
Release from Duties. The time gained when professional employees are released from duties is expected to be used for student related needs.
Release from Duties. The Employee and the Company expressly agree that nothing in this Agreement shall prohibit the Company from relieving the Employee of his duties as President and Chief Executive officer for any reason, and that any such action ("Action") will not constitute a breach of this Agreement. If the Company takes such Action for any reason other than as set forth in Section 5.1 or 5.2 hereof, the Company will pay to the Employee the greater of the remaining salary payments due the Employee for the remainder of the Employment Period, or an amount equal to one year's salary payments at Employee's base rate of pay upon date of such Action, plus the portion of the Operating Income Bonus payable pursuant to Section 3.2 hereof through the date of such Action. The Employee shall be paid the foregoing salary bimonthly. In addition, the Company will provide Employee life and health insurance and such other similar benefits as Employee is receiving upon the date of discharge for the remaining term of the Employment Period or one year, whichever is longer. Employee shall be deemed to have "Continuing Status as an Employee" for all purposes under the Stock Option Plan for the duration of the period in which Employee is entitled to receive salary payments under this Section 5.3. As a consequence, Options unvested as of the date of such Action will continue to vest during said period.
Release from Duties. If this Agreement expires or is terminated, both Parties shall be released from all obligations and duties imposed or assumed hereunder to the extent so terminated, except as expressly provided to the contrary in this Agreement.
AutoNDA by SimpleDocs
Release from Duties. In consideration of the assumption by Energizer, from -------------------- and after the Effective Date, Bank One, NA on behalf of itself, the Agents and the other Lenders confirms that Xxxxxxx shall be discharged from all of its duties and obligations as Borrower under the Credit Agreements and the other documents, instruments and agreements entered into in connection therewith and that from and after the Effective Date, Xxxxxxx shall have no further obligations or liabilities thereunder to the Lenders or the Agents.

Related to Release from Duties

  • Additional Duties (a) In addition to the duties of the Administrator set forth above, the Administrator shall (i) perform all duties and obligations applicable to or required of the Issuer as set forth in Appendix A to the Sale and Servicing Agreement in accordance with the terms and conditions thereof, (ii) perform such calculations and shall prepare or shall cause the preparation by other appropriate persons of, and shall execute on behalf of the Issuer or the Owner Trustee, all such documents, reports, filings, instruments, certificates and opinions that it shall be the duty of the Issuer or the Owner Trustee to prepare, file or deliver pursuant to the Related Agreements or Section 5.04(a), (b), (c) or (d) of the Trust Agreement, and at the request of the Owner Trustee shall take all appropriate action that it is the duty of the Issuer or the Owner Trustee to take pursuant to the Related Agreement and perform such duties and obligations as required under the Asset Representations Review Agreement. In furtherance thereof, the Owner Trustee shall, on behalf of itself and of the Issuer, execute and deliver to the Administrator and to each successor Administrator appointed pursuant to the terms hereof, one or more powers of attorney substantially in the form of Exhibit A hereto, appointing the Administrator the attorney-in-fact of the Owner Trustee and the Issuer for the purpose of executing on behalf of the Owner Trustee and the Issuer all such documents, reports, filings, instruments, certificates and opinions. Subject to Section 5 of this Agreement, and in accordance with the directions of the Owner Trustee, the Administrator shall administer, perform or supervise the performance of such other activities in connection with the Collateral (including the Related Agreements) as are not covered by any of the foregoing provisions and as are expressly requested by the Owner Trustee and are reasonably within the capability of the Administrator. Such responsibilities shall include providing to the Depositor and the Indenture Trustee the monthly servicing report in an appropriate electronic form.

  • Resignation from All Positions Upon the termination or resignation of the Executive’s employment with the Company for any reason, the Executive shall be deemed to have resigned, as of the date of such termination or resignation, from and with respect to all positions the Executive then holds as an officer, director, employee and member of the Board of Directors (and any committee thereof) of the Company and any of its Affiliates.

  • Rights, Duties and Responsibilities of Escrow Agent It is understood and agreed that the duties of the Escrow Agent are purely ministerial in nature, and that:

  • Performance of Duties and Responsibilities Executive shall serve the Company faithfully and to the best of his ability and shall devote his full working time, attention and efforts to the business of the Company during his employment with the Company hereunder. While Executive is employed by the Company during the Term, Executive shall report to the Chairman, Chief Executive Officer or to such other person as designated by the Board of Directors of Texas Roadhouse, Inc. (the “Board”). Executive hereby represents and confirms that he is under no contractual or legal commitments that would prevent him from fulfilling his duties and responsibilities as set forth in this Agreement. During his employment with the Company, Executive shall not accept other employment or engage in other material business activity, except as approved in writing by the Board. Executive may participate in charitable activities and personal investment activities to a reasonable extent, and he may serve as a director of business organizations as approved by the Board, so long as such activities and directorships do not interfere with the performance of his duties and responsibilities hereunder.

  • Duties and Responsibilities of the Escrow Agent The Escrow Agent's duties and responsibilities shall be subject to the following terms and conditions:

  • Certain Duties and Responsibilities of the Trustee In entering into this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee, whether or not elsewhere herein so provided.

  • Employment Duties The Company hereby employs the Executive for the Term (as defined in Section 2.1), to render exclusive (except as otherwise provided herein) and full-time services to the Company as Executive Vice President or in such other executive position as may be mutually agreed upon by the Company and the Executive, and to perform such other duties consistent with such position as may be assigned to the Executive by the Board of Directors or any officer of the Company senior to the Executive.

  • Employment, Position and Duties (a) The Company shall employ Executive and Executive hereby accepts employment with the Company, upon the terms and conditions set forth in this Agreement for the Employment Period.

  • Resignation from Positions Upon termination of the Executive’s employment with the Company for any reason, the Executive shall, as may be requested by the Company, resign from any position he then holds as an officer, director or fiduciary of the Company or any Company-related entity. In furtherance of the foregoing, the Executive shall execute and deliver to the Company any letters, documents and other instruments necessary or appropriate to effect such resignation.

Time is Money Join Law Insider Premium to draft better contracts faster.