AFI Management definition
Examples of AFI Management in a sentence
The foregoing determination shall be jointly determined by MSA Group Management and AFI Management, subject to the ultimate authority of the Board of Directors of AFI MHC with respect to the management and control of the Surviving Corporation, and the applicable administrators of the plans shall be directed to take appropriate action to implement such determination.
The Advisory Board shall not have the authority to approve, initiate, or disapprove any actions on behalf of any entity, and neither the Board of Directors of the Surviving Corporation, AFI Management, nor MSA Group Management shall be under any obligation to accept any recommendations of the Advisory Board.
Subject to Section 6.10(e) hereof, as of the Closing Date, neither the Company nor the Purchaser shall have any liability with respect to any Benefit Arrangement (other than vacation and sick leave benefits), including but not limited to the American Fidelity Corporation Amended and Restated 1984 Stock Appreciation Plan, the American Fidelity Corporation 1988 Stock Units Plan, and the American Fidelity Insurance Companies, AFI Management Co., American Fidelity Credit Corp.
The Advisory Board shall consult with and provide advice to the Board of Directors of the Surviving Corporation, AFI Management, and MSA Group Management with respect to the business and operations of the MSA Subsidiaries and their integration with the business and operations of the other Subsidiaries of the Surviving Corporation.
Except as set forth in Section 6.7.4(ii), any involuntary change in the terms of employment or employment status of such employees shall be as jointly determined by MSA Group Management and AFI Management, based on the outcome of such joint operational reviews, subject to the ultimate authority of the Board of Directors of AFI MHC with respect to the management and control of the Surviving Corporation.