Cytec definition
Examples of Cytec in a sentence
The purpose of this Executive Income Continuity Plan (this Plan) is to retain the services of executives in the senior management group of Cytec Industries Inc.
The Sterling Parties hereby agree to reimburse the Cytec Parties for the actual wages or salary of each person who becomes an Acquired Employee and who was on temporary disability leave as of the Closing Date for the period commencing on the Closing Date through the return date of such person.
Notwithstanding anything in this Agreement to the contrary, none of the Cytec Parties shall, directly or indirectly, enter into any Material Contract, including any Material Contract for the purchase of capital assets, without the prior written consent of Purchaser (which consent shall not be unreasonably withheld).
Except for Contracts listed on Schedule 4.01(r)(i) through (xviii), which correspond to the numbered categories in the definition of "Material Contract" provided below, 4.01(s), 4.01(x), 4.01(y) or 4.01(z), and except for Excluded Contracts, none of the Cytec Parties is a party to or bound by any Material Contract.
Each of the Sterling Parties and the Cytec Parties further agrees that service of any process, summons, notice or document by U.S. registered mail to such party's respective address set forth in Section 9.01 shall be effective service of process for any action, suit or proceeding in Delaware with respect to any matters to which it has submitted to jurisdiction as set forth above in the immediately preceding sentence.
If, as of January 31, 1997, or any date thereafter prior to February 14, 1997, a Services Agreement Issue arises, the Cytec Parties and the Sterling Parties shall use commercially reasonable efforts to identify alternative arrangements for the provision of the applicable Service.
Except to the extent required to enforce any order (including any order for injunctive relief), award or judgment of or by a Delaware state court or a Federal court located in Delaware, each of the Sterling Parties and the Cytec Parties agrees not to pursue any legal action against any party to this Agreement in respect of the Transactions or any matter related thereto other than in a Delaware state court or a Federal court located in Delaware.
Each of the Cytec Parties shall have performed or complied in all material respects with all obligations, conditions and covenants required to be performed by it under this Agreement at or prior to the Closing, and Purchaser shall have received a certificate signed by an authorized officer of each Cytec Party to such effect.
In the event that Seller chooses not to terminate this Agreement notwithstanding its right to do so pursuant to Section 5.21(b), or Seller does not have the right to terminate this Agreement pursuant to Section 5.21(b), on the last day of the Cytec Evaluation Period, Seller shall deliver the Pilko Assessment and a description of the Cytec Determined Actions to Purchaser.
Such counsel need not express any opinion, however, as to any violation of any law or regulation which may have become applicable to a Cytec Party as a result of the involvement of Purchaser in the Transactions because of Purchaser's legal or regulatory status or because of any other facts specifically pertaining to Purchaser.