SUBSECTION A Sample Clauses

SUBSECTION A. OF SECTION V of the Contract, CONTRACT NOT-TO-EXCEED AMOUNT AND PAYMENT PROCESSES, is amended to reflect a total not-to-exceed amount for the Contract is $675,810 and to add the following:
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SUBSECTION A. All grantees under the Company’s Share Ownership and Option Plan (2001, as amended 2003 & 2004 & 2005 & 2006) (the “IL Plan”) have provided Xx. Xxxxxx Xxxxxx and/or Mr. Yehuda Zviel with a proxy for the exercise of all rights granted to them with respect to their shares and options, including voting rights, until the consummation of an IPO. All grantees under the Company’s Employee Share Option Plan (2002, as amended 2003 & & 2004 & 2005 & 2006) (the “US Plan”) have provided the Company’s President with a proxy for the exercise of all rights granted to them with respect to their shares and options, including voting rights, until the consummation of an IPO. See also the Current Articles, the Series BB-1/2 SPA, the Series BB-3 SPA, the Series BB-4 SPA and the Current SRA, with respect to appointment of directors and observers. During the Term of the Plenus Loan Agreement, Plenus is entitled to nominate a non-voting observer to the Board of Directors of the Company. Pursuant to the Intel Side Agreement dated July 31, 2002, Intel is entitled to appoint a non-voting observer to the Board of Directors of the Company and all committees thereof. Subsection (b) TheCompany has contracted to provide its directors and the directors of its wholly-owned subsidiary, Negevtech, Inc. (the “Subsidiary”), with Directors and Officers liability insurance with a coverage limit of US$5 million. TheCompany provided certain of its directors with Indemnification and Release Letters (whereby, inter alia, the Company released them from any liability due to a breach of their duty of care to the Company) with respect to acts or omissions taken or not taken in their capacity as directors and officers of the Company. As of Closing, the Company shall enter into Indemnification and Release Letters with additional three of its directors, subject to the approval of the shareholders of the Company for such engagement. In addition, the Founders and Arnon Gat received complementary Indemnification and Release Letters as Service Providers of the Company. Xxxx Xxxxx (previously a director of the Company) and Rafi Yizhar, (currently a director of the Company), were granted options to purchase Ordinary Shares of the Company, according to Option Agreements dated December 31, 2002 (Xxxx Xxxxx – 10,000 options and Rafi Yizhar – 20,000 options). The Option Agreement with Xxxx Xxxxx was amended on December 2004 and again on May 2006 in order to extend the exercise period of his options. In June 2006, th...
SUBSECTION A. Please see Sections 2.2 and 2.3 for certain agreements listed therein. Subsection (a), (b), (c) and (d)
SUBSECTION A of Section 1.5 of the Credit Agreement is hereby amended in its entirety to read as follows:
SUBSECTION A of Section 2.2 is hereby amended in its entirety to read as follows:
SUBSECTION A. All grantees under the Company’s Share Ownership and Option Plan (2001, as amended 2003 & 2004 & 2005 & 2006) (the “IL Plan”) have provided Xx. Xxxxxx Xxxxxx and/or Mr. Yehuda Zviel with a proxy for the exercise of all rights granted to them with respect to their shares and options, including voting rights, until the consummation of an IPO. All grantees under the Company’s Employee Share Option Plan (2002, as amended 2003 & & 2004 & 2005 & 2006) (the “US Plan”) have provided Wilson, Sonsini, Xxxxxxxx & Xxxxxx with a proxy for the exercise of all rights granted to them with respect to their shares and options, including voting rights, until the consummation of an IPO. See also the Current Articles, the Series BB-1/2 SPA, the Series BB-3 SPA and the SRA, with respect to appointment of directors and observers. During the Term of the Plenus Loan Agreement, Plenus is entitled to nominate a non-voting observer to the Board of Directors of the Company. Pursuant to the Intel Side Agreement dated July 31, 2002, Intel is entitled to appoint a non-voting observer to the Board of Directors of the Company and all committees thereof.
SUBSECTION A. (3) of Section 4. of the Plan Agreement is hereby amended effective April 1, 1999, by striking said subsection in its entirety and substituting the following new paragraph in lieu thereof:
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SUBSECTION A 

Related to SUBSECTION A

  • Section A Additional Payments payable wholly by the Allottee

  • Subsection 5(f) of the Termination Agreement is hereby deleted in its entirety, and replaced with a new subsection 5(f) to read in its entirety as follows:

  • Section B The Employer agrees that local Union representative officers, and AFSCME staff representatives shall have reasonable access to the Employer's premise for the sole purpose of the administration of this Agreement, provided that said Union personnel obtain prior approval from the Employer and that said access does not substantially interfere with the operating needs of the Employer. By mutual agreement of the parties, and prior arrangement with the Employer, Union staff representatives may call a meeting during working hours to prevent, resolve, or clarify emergency matters. SECTION C Local Union representatives shall be allowed time off without pay for legitimate Union business, such as State and National Conventions, Union meetings, Committee and/or Board meetings, training sessions, or conferences, and shall be allowed such time off as does not unreasonably interfere with the operating needs of the Employers and provided that the employee gives prior notice to the employer and receives prior approval therein. One (1) of the permitted days off may be considered a “paid day off” for one local representative officer during each calendar year. Nothing shall prevent an employee from using any accumulated time to cover such approved absence.

  • Subparagraph (a) of this Paragraph 15 shall not preclude a party from assigning, charging or otherwise dealing with all or any part of its interest in any sum payable to it under Paragraph 11 hereof.

  • Paragraph (c) of sub‑clause (1) of clause 8 is amended by adding thereto a new paragraph as follows:

  • Clause A. The work to be performed under this contract is subject to the requirements of Section 3 of the Housing and Urban Development Act of 1968, as amended, 12 U.S.C. § 1701u (Section 3). The purpose of Section 3 is to ensure that employment and other economic opportunities generated by HUD assistance or HUD- assisted projects covered by Section 3, shall, to the greatest extent feasible, be directed to low- and very low-income persons, particularly persons who are Subrecipients of HUD assistance for housing.

  • Clauses In this Agreement any reference to a “Clause” or a “Schedule” is, unless the context otherwise requires, a reference to a Clause or a Schedule to this Agreement.

  • Section 5.1 24 It is agreed and understood that matters appropriate for negotiation between the District and the 25 Association are matters relating to or affecting wages, hours, grievance procedures and general working 26 conditions of employees in the bargaining unit subject to this Agreement.

  • Section I Definitions

  • SECTION 402 Application of Trust Money.....................................22 ARTICLE FIVE REMEDIES

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