ADCI definition

ADCI means [CONFIDENTIAL PORTION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION]
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Examples of ADCI in a sentence

  • Effective July 1, 2019, employees assigned to the Port dive crew who maintain a current Association of Diving Contractors International (ADCI) certificate for Air Diver and/or other progressively advanced dive certifications offered by ADCI shall receive a new premium of three percent (“3%”).

  • Meetings of the stockholders of MHHI and of ADCI shall be held in accordance with the General Corporation Law of the State of Delaware.

  • The authorized capital stock of ADCI consists of 50,000,000 shares of ADCI Common Stock, of which 100,000 shares are outstanding.

  • Each share of common stock, par value $.001 per share, of ADCI (“ADCI Common Stock”) outstanding at the Effective Time shall be converted into and exchanged for 40 shares of common stock, par value $.001 per share, of MHHI (“MHHI Common Stock”).

  • The certificate of incorporation (as defined in Section 104 of the General Corporation Law of the State of Delaware) and the by-laws of ADCI as in effect at the Effective Time (as defined in Section 3.02) shall from and after the Effective Time be the certificate of incorporation and the by-laws of the Surviving Corporation until they are amended.

  • Approval of this Agreement, the Merger, and the other transactions contemplated hereby may be approved by written consent of the stockholders holding a majority of the voting power of MHHI and ADCI.

  • The directors and officers of ADCI at the Effective Time shall be the directors and the officers of the Surviving Corporation, each to serve, in each case (subject to the Surviving Corporation's by-laws), until his respective successor shall have been elected and qualified.

  • Until the Release Time, MHHI and Acquisition will cause the independent certified public accountants of MHHI and the MHHI Subsidiaries to make available to ADCI and its independent certified public accountants the work papers relating to the audits of MHHI and the MHHI Subsidiaries referred to in Section 6.02(c).

  • Subject to its fiduciary duty to stockholders, the Board of Directors of ADCI shall recommend to its stockholders that this Agreement, the Merger, and the other transactions contemplated hereby be adopted and approved.

  • The provisions of this Agreement shall be binding upon and inure to the benefit of MHHI, Acquisition, and ADCI and their respective successors and assigns and shall inure to the benefit of each MHHI Indemnitee and each ADCI Indemnitee and its successors and assigns (if not a natural person) and his assigns, heirs, and personal representatives (if a natural person).

Related to ADCI

  • Newco has the meaning set forth in the first paragraph of this Agreement.

  • SBS means the New York City Department of Small Business Services.

  • PubCo has the meaning set forth in the Preamble.

  • BTCo means Bankers Trust Company, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

  • PPB is the lump sum present value of the pension benefits (whether or not vested) that would be payable under the Pension Plans in the form of a straight life annuity beginning at the earliest date permitted under the Pension Plans, computed on the basis that the Executive’s actual age at termination of employment is his attained age as of his last birthday that would occur during the Remaining Unexpired Employment Period, that his service for benefit accrual purposes under the Pension Plans is equal to the aggregate of his actual service plus the Remaining Unexpired Employment Period, that his average compensation figure used in determining his accrued benefit is equal to the highest annual rate of salary achieved by the Executive during the period of three (3) years ending immediately prior to the date of termination, that the Executive’s life expectancy at the earliest date on which payments under the Pension Plans could begin is the Assumed Life Expectancy and that the interest rate assumption used is equal to the 30-Year Treasury Rate. The Pension Severance Payment shall be made within five (5) business days after the Executive’s termination of employment and shall be in lieu of any claim to any actual increase in his accrued benefit in the Pension Plans in respect of the Remaining Unexpired Employment Period;