STATEMENT OF PURPOSE. The purpose of this Interlocal Cooperation Contract [Contract] is to allow DIR Customer to purchase information resources technologies through DIR Contracts.
STATEMENT OF PURPOSE. It shall be the policy of the Hospital that the safety of the employees, the protection of work areas, the adequate education and necessary safety practices, and the prevention of accidents are a continuing and integral part of its everyday responsibility. The Hospital is committed to a culture that reduces workplace exposures causing health effects and enhances overall safety and security in the workplace. Further, the Hospital is committed to providing employees a work environment that is free from hostile, abusive and disrespectful behavior and will make reasonable effort to provide employees with safe and adequate equipment, working environment and facilities.
STATEMENT OF PURPOSE. The evaluation of professional activities in a public institution of higher education is essential to the improvement of professional performance and to provide the basis for personnel recommendations by the department, division or other appropriate unit.
STATEMENT OF PURPOSE. The Village of Orland Park (the “Village”) is dedicated to providing safe, dependable, and efficient services to the general public while ensuring safe working conditions for its employees. The Village’s employees are its most valuable resource. As such, it is our goal to provide a work environment free from the presence of alcohol and drugs. The purpose of this policy is to:
STATEMENT OF PURPOSE. The Grant Activity is for scientific and/or educational purposes only and will not promote Novartis’ products, directly or indirectly. The Grant Amount is not being given in exchange for any explicit or implicit agreement to purchase, prescribe, recommend, influence or provide favorable formulary status for any of Novartis’ products. The Grant Amount is based upon a budget provided to Novartis by Grant Recipient reflecting a good faith estimate of the actual cost of the Grant Activity. The Grant Amount has not been determined in a manner that takes into account the volume or value of referrals or business, if any, generated between Novartis and Grant Recipient or any of their respective officers, directors, employees, agents, affiliates, parents or subsidiaries.
STATEMENT OF PURPOSE. The Company believes that it is in the best interest of the Company and its stockholders to foster Contractor's objectivity in making decisions with respect to any pending or threatened Change in Control of the Company and to ensure that the Company will have the continued dedication and availability of Contractor, notwithstanding the possibility, threat or occurrence of a Change in Control. The Company believes that these goals can best be accomplished by alleviating certain of the risks and uncertainties with regard to Contractor's financial and professional security that would be created by a pending or threatened Change in Control and that inevitably would distract Contractor and could impair his ability to objectively perform his duties for and on behalf of the Company. Accordingly, the Company believes that it is appropriate and in the best interest of the Company and its stockholders to provide to Contractor compensation arrangements upon a Change in Control that lessen Contractor's financial risks and uncertainties and that are reasonably competitive with those of other corporations. The purpose of this provision is to provide that, in the event of a "Change in Control," Contractor may become entitled to receive certain additional compensation, as described herein, in the event of his termination under specified circumstances.
STATEMENT OF PURPOSE. The parties acknowledge that the departments and/or facilities which may be open on a recognized National Holiday pose a number of scheduling problems. In an effort to specifically address and resolve their areas of concern, the parties have agreed to the following Coverage Program. The parties enter into this arrangement with the anticipation that it will reduce the coverage problems experienced in these areas.
STATEMENT OF PURPOSE. The Company and the Investor agree that the Contingent Purchase Right granted pursuant to this Section 3.1 is intended to provide the Investor the opportunity to maintain its ownership of Common Stock at the Target Percentage throughout the Contingent Right Term (as may be extended in accordance with this Section 3.1), unless the Investor’s ownership in the Company (i) decreases as a result of the issuance of Exempted Securities, (ii) decreases as a result of the Investor’s failure to exercise all or any portion of the Contingent Purchase Right, (iii) decreases because the Investor has sold any of the Shares, or (iv) increases as a result of one or more Cash Out Transactions. The parties further agree that, given the uncertainty surrounding the Company’s future financing transactions, the interpretation of NASDAQ Stock Market Rules and other factors, it is impossible to prepare this Section 3.1 in a manner which addresses each and every scenario or circumstance that may arise during the Contingent Right Term and impact the realization of this objective. As a result, the parties agree to work together in good faith to achieve this objective including, without limitation, making appropriate adjustments to account for stock splits, recapitalizations and similar transactions.
STATEMENT OF PURPOSE. The Trainee hopes to gain the following from this Program:
STATEMENT OF PURPOSE. This purpose of this Agreement is to describe the elements of the proposed conversion project including the proposed project area, amount of surface water required for the project, and detail conveyance requirements. The Agreement will also identify the responsibilities of each party and clarify monitoring and reporting requirements.