Strategic Initiatives. The following initiatives are key to the University’s achieving recognition as a premier Jesuit Catholic, urban university:
Strategic Initiatives. At all times during the Fourth Forbearance Period, Borrowers shall use best efforts to pursue additional capital, financing and/or other investments in connection with Borrowers' ongoing restructuring efforts and shall update Lender (as and when requested by Lender from time to time) regarding such efforts and prospects.
Strategic Initiatives. Sponsor will work with the Company’s management and board of directors to evaluate and make recommendations regarding strategic initiatives determined by the Company. Such initiatives will include: (i) identifying, originating, and evaluating merger, acquisition and divestiture opportunities; and (ii) leading the negotiations and structuring of any merger, acquisition, divestiture, tender offer, exchange offer, recapitalization or material change in ownership of the Company. With respect to the foregoing, any issuance of securities, merger, acquisition, divestiture (in whole or in part), tender offer, exchange offer or recapitalization consummated between the Company and any other person or entity is herein defined as a “Financial Transaction”).
Strategic Initiatives. MEDICAL SERVICE FOR WORKERS PROJECT DESCRIPTION Provide medical services through social security (IMSS) to 5 employees to guarantee their right to health care and quality medical attention that covers all their care, treatment and follow-up needs. Currently, employees do not have a consistent health care benefit in case of injury, emergency, surgery, chronic degenerative diseases, or routine medical check-ups. ESTIMATED FUNDING <$5,000 PURCHASE OF KITCHEN UTENSILS PROJECT DESCRIPTION Currently there is a great need for better and sufficient kitchen utensils to be used mostly at mealtimes for the children, the current ones are not appropriate for the service of all children and the existing ones are in poor condition. To meet their need, 9 dozen soup spoons, 9 dozen coffee spoons, 9 dozen forks, 88 plastic cups and a knife sharpener are needed. ESTIMATED FUNDING <$5,000 LIGHT GENERATOR PROJECT DESCRIPTION Casa Hogar Sion has suffered several power outages for several years, because the area where the home is located is very vulnerable to frequent power outages due to factors such as wind, rain and the conditions of the area; when there is no light, the food in the refrigerator is spoiled, the water pumps stop, the telephone and internet system is paralyzed, which represents great losses for the home, especially in the area of food. ESTIMATED FUNDING <$5,000
Strategic Initiatives. A. Sale of Provant in its Entirety Drake Beam and Xxxxx ("DBM") Documentation in support of a transaction, and an update from Borrower with respect to the current status of negotiations is required by the earlier of 11/05/02 or the closing of the Amended Facility. Borrower has advised that, subject to SEC delays, this transaction, if approved by Borrower's and DBM's respective Boards of Directors and Borrower's stockholders, will be scheduled to close by 12/31/02 (subject to SEC delays, but in no event later than 3/31/03) and is the Strategic Initiative of choice for Borrower. Borrower shall use its best efforts to comply with all SEC requests. A definitive merger or buy-sell agreement between DBM and Borrower shall be delivered to Agent by 11/15/02. Agent and Banks reserve the right in their sole discretion to establish milestone events in connection with the DBM Sale, and failure to achieve any such milestone events shall constitute an Event of Default, except to the extent that such failure shall be the direct result of an SEC delay, provided that Borrower shall have used its best efforts to comply with all SEC requests. Appropriate legal arrangements and mechanisms satisfactory to Agent and Banks shall be established in order to ensure completion of this Strategic Initiative notwithstanding any Event of Default.
Strategic Initiatives. EXPANDING OUR KITCHEN PROJECT DESCRIPTION This will make for a better work environment for our cooks, be safer for the children (moving the cooking space from foot traffic), and set up GMAD to take better care of additional children in the future. Adding square footage to the back of the building and plumbing gas and water to the new area. ESTIMATED FUNDING <$5,000 HIRE A SOCIAL WORKER PROJECT DESCRIPTION The home needs additional psychological therapy support for the kids. A full-time social worker’s wage would be about $225 a month or $2,700 a year. ESTIMATED FUNDING <$5,000 INTERNET ACCESS AT THE HOME PROJECT DESCRIPTION The home does not currently have consistent internet access. They have the option to tie into the fiber optic line that runs near the property. New educational content, wifi, updated networks throughout GMAD, and local partners to maintain our laptops, tablets, and other tech. This is the upgrade we have been looking for! We believe that making this jump will make a huge difference in the educational experience of our students and will make GMAD more sustainable. ESTIMATED FUNDING $10,000-$15,000
Strategic Initiatives. Ref DCU Strategy: 1.1 Curriculum Reform; 1.3.
Strategic Initiatives. Ref DCU Strategy: 2.1, Research Priorities; 2.2 Human Capital; 2.3 Quality and Impact; 2.5.
Strategic Initiatives. The 2004 Annual Performance Bonus based on Strategic Initiatives is based on the Employee recruiting C&I Team Leaders and Producers as set forth below: Number of Team Leader Recruits 1 2 3 4 ------------------------------------ ---------- ---------- ----------- --------- Bonus ($20,000 per recruit) $20,000 $40,000 $60,000 $80,000 Number of Producer Recruits 3 6 9 12 Bonus ($3,000 per recruit) $9,000 $18,000 $27,000 $36,000 For the purposes of this Agreement, Team Leaders must be "A" quality lenders with a demonstrated performance record in one of CNB's target markets and approved by Nat Padget and Bill Blanton. Producers must be bankers of proven repxxxxxxx xxd proxxxxxxx, xx determined and approved by Nat Padget and Bill Blanton. Further, to count as a successful recruxxxxxx, xxe recxxxx xxxx xxmmit to employment with CNB during the 2004 calendar year and be on the payroll of CNB no later than February 15, 2005. 2005 ANNUAL PERFORMANCE BONUS PLAN For the 2005 calendar year and payable in January 2006, Employee's Annual Performance Bonus will be determined on the basis of the degree of achievement of performance goals which shall be established by the Compensation Committee of CNB Holdings, Inc.'s Board of Directors in its sole discretion, and which goals shall be stated in terms of the attainment of specified levels of ROE and certain strategic initiatives. Such performance goals shall xx in writing and communicated to the Employee STOCK OPTIONS - Awarded by the Compensation Committee of CNB Holdings, Inc.'s Board of Directors annually at its sole discretion. AUTO ALLOWANCE - The greater of actual miles driven paid at the IRS standard rate or $550/mo. CLUB MEMBERSHIP - Horseshoe Bend Country Club monthly dues. EXHIBIT B BUSINESS LOCATIONS OF CNB'S SUBSIDIARIES First Capital Bank 3320 Holcomb Bridge Road Suite A Norcross, Georgia 30092
Strategic Initiatives. The MarinMap Project will create a cooperative regional database. An initial framework for the cooperative database development includes the following:
