Examples of Departing Manager in a sentence
Any successor Manager shall indemnify the Departing Manager as to all debts and liabilities of the Company arising on or after the effective date of the withdrawal or removal of the Departing Manager.
The Departing Manager shall be entitled to receive all reimbursements due such Departing Manager pursuant to Section 7.4, including any employee-related liabilities (including severance liabilities), incurred in connection with the termination of any employees employed by such Departing Manager for the benefit of the Company.
If at the end of the specified option periods --------------------- neither the Corporation nor the remaining Stockholders shall have exercised their respective options, the Departing Manager shall remain subject to the terms and conditions of this Agreement.
In making its determination, such third independent investment banking firm or other independent expert may consider the then current trading price of Units on any National Securities Exchange on which Units are then listed or admitted to trading, the value of the Company’s assets, the rights and obligations of the Departing Manager and other factors it may deem relevant.
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Upon written demand by the Corporation to the Departing Manager or his Legal Representative (as defined in Section 3.1 hereof), he or his estate shall sell and the Corporation shall purchase all of the Incentive Shares.
Except for a termination after a Severance Event as provided in Section 8, cause shall include neglect of duties, willful failure to abide by instructions or policies from or set by the Board of Directors, commission of a felony or serious misdemeanor offense or pleading guilty or nolo contendere to same, Employee's breach of this Agreement or Employee's breach of any other material obligation to the Company.
In either event, the Departing Manager shall be entitled to receive all reimbursements due such Departing Manager pursuant to Section 7.6, including any employee related liabilities (including severance liabilities), incurred in connection with the termination of any employees employed by the Departing Manager or its Affiliates (other than any Group Member)for the benefit of the Company or the other Group Members.
POA147 Certificate of Appreciation – Departing Manager - Yuri Guzman, Manager Information ServicesThe Mayor read the following in acknowledgement of departing Manager Information Services, Mr Yuri Guzman: Yuri Guzman has been a trusted and respected leader throughout his 17 years with Hume City Council.
In the event cessation of full time employment occurs by voluntary act of the Departing Manager prior to October 7, 1996, or at the request of the Corporation for Cause (as defined in Section 2.2 hereof), the purchase price of the Incentive Shares shall be the Book Value thereof (as defined in Section 5.2 hereof).