Examples of CLIR in a sentence
Effective as of the Time of Contribution, the Company shall continue to sponsor the Rockwell CLIR Fund and shall change the name of the Rockwell CLIR Fund to eliminate any reference to "Rockwell".
The Newco CLIR Fund shall contain provisions comparable in all material respects to and no less favorable in the aggregate to its participants than those of the Rockwell CLIR Fund.
The amount of assets transferred from the Rockwell CLIR Fund to the Newco CLIR Fund pursuant to this Section 8.12(c) shall have been based upon the proportionate values of the assets in the Rockwell CLIR Fund attributable to Newco Group Continuing Employees and Newco Group Former Employees as of the most recent actuarial valuation for the Rockwell CLIR Fund prepared by the Newco Actuary, subject to review by the Company Actuary.
Prior to the Time of Contribution, Newco shall have established a continued life insurance reserve fund (the "Newco CLIR Fund") covering Newco Group Continuing Employees and Newco Group Former Employees who are covered under the Continued Life Insurance Reserve Fund (the "Rockwell CLIR Fund").
Prior to the Time of Contribution, the Rockwell CLIR Fund shall have transferred to the Newco CLIR Fund assets attributable to the Newco Group Continuing Employees and Newco Group Former Employees covered under the Rockwell CLIR Fund.
Effective as of the Time of Contribution, Newco shall continue to sponsor the Newco CLIR Fund.
The single arbitrator shall be selected by mutual agreement of Executive and CLIR.
The timing and content of any and all press releases, public announcements and any other communications with CLIR’s employees, customers and vendors will be submitted to CLIR in advance for approval.
This Agreement does not affect Executive’s continuing obligations as set forth in paragraph 3(b) of the Employment Agreement (Proprietary Property; Confidential Information), which shall survive the termination of Executive’s employment with CLIR, or as otherwise mandated by applicable law.
On the Last Day of Employment, CLIR will pay to Executive: (a) Executive’s accrued but unpaid annual salary through the Last Day of Employment, equal to $9,982.00; (b) the value of Executive’s accrued but unused vacation pay through the Last Day of Employment, equal to $24,901.00; and (c) approved business expenses incurred prior to the Last Day of Employment and evidenced through proper documentation, if any.