and Crits definition
Examples of and Crits in a sentence
Klaus and/or Crits, as the case may be, shall, however, not be restricted from becoming an employee of entity conducting mortgage business operations at any time following the termination of their relationship with the Company, the Bank or any of its affiliates unless ▇▇▇▇▇ and Crits become subject to the Joint Restrictive Covenant.
In addition, ▇▇▇▇▇ and Crits will be employed by the Bank for the purpose of providing certain regular services, including the provision of strategic advice to the Bank with respect to its position in the mortgage and related businesses, and will make themselves available to the Bank from time to time for such additional services as may reasonably be requested by the Bank.
Each of ▇▇▇▇▇ and Crits will be paid for these services a salary of $12,000 per year, or such other amount as may be mutually agreed to by the parties.
Notwithstanding the foregoing, as long as ▇▇▇▇▇, Crits and the Bank' hold units of Membership Interest as set forth in Section 3.03, ▇▇▇▇▇ and Crits shall each be entitled to designate one Manager, and the Bank shall be entitled to designate two Managers.
Notice of Deadlock must be in the form of a written notice provided by the Notifying Member or Members to the Responding Member or Members and the Responding Members' principal place of business, which shall, with respect to ▇▇▇▇▇ and Crits, be the principal place of business of the Company, and, with respect to the Bank, shall be the principal place of business of the Bank.
At any time, ▇▇▇▇▇ and Crits (acting together) or the Bank may declare that a "Deadlock" in the management of the Company has occurred and that the Member or Members declaring the Deadlock (the "Notifying Member or Members") have determined that they are no longer willing to operate the Mortgage Business as Members of the Company along with the other Member or Members (the "Responding Member or Members").