DJSP definition

DJSP is defined in the preamble.
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Examples of DJSP in a sentence

  • To the extent that it is determined that a Payment constitutes an “excess parachute payment,” the Payment will be reduced to the highest amount permissible under Code Sections 280G and 4999 as necessary to prevent Executive from becoming subject to the excess parachute payment excise tax under Code Section 4999 and as necessary to prevent the Companies or DJSP from losing all or part of its compensation deduction for such payment to the extent such deduction is applicable.

  • It is intended that the payments under this Agreement shall be exempt from or in compliance with Code Section 409A, and DJSP and each Company reserves the right to amend the terms of the Agreement if necessary either to exempt the payments or comply with Section 409A, as applicable.

  • DJSP and the Companies shall each employ Executive, and Executive hereby accepts employment with each of DSJP and the Companies, upon the terms and conditions set forth in this Agreement, for the period beginning on the date of this Agreement and ending as provided in Section 5 of this Agreement (the “Employment Period”).

  • The submission of such written notification by Executive shall not constitute Cause for DJSP or any Company to terminate Executive.

  • It is the intent of the parties hereto that no amount payable pursuant to the terms of this Agreement shall cause any payment or transfer by the Companies or DJSP for the benefit of Executive, whether paid or payable (or transferred or transferable) pursuant to the terms of this Agreement or otherwise (a “Payment”), to be subject to taxation under Code Section 4999 as an “excess parachute payment” as defined in Code Section 280G.

  • However, in no event shall DJSP or the Companies be responsible for any tax or penalty owed by the Executive or Executive’s spouse or beneficiary, with regard to any benefit provided for under this Agreement.

  • On November 6, 2009, the Company changed its name from DJSP Acquisition LLC to DAL Group, LLC.

  • This Agreement will be binding upon and inure to the benefit of DJSP and each Company and any successor to any of them (to which this Agreement may be assigned), including without limitation any persons acquiring directly or indirectly all or substantially all of the business or assets of DJSP or any Company, whether by purchase, merger, consolidation, reorganization or otherwise (and such successor shall thereafter be deemed DJSP or a Company, as the case may be, for the purposes of this Agreement).

  • DJSP and/or any Company may withhold amounts from any payments made to Executive under this Agreement to satisfy all applicable Federal, State, local or other income (including excise) and employment withholding taxes.

  • Any breach of this subparagraph (a) shall be determined by the Board of Directors of DJSP acting in good faith.

Related to DJSP

  • Team Members means the members of the Team, jointly and severally;

  • ATS means an alternative trading system, as defined in Rule 300(a)(1) of Regulation ATS under the Exchange Act.

  • FIS means free into store delivery, which requires the Supplier to pay all costs and be responsible for all requirements associated with the supply and delivery of Goods to the Company at the delivery site described in the Order, including all costs associated with transport, insurances, licences, authorisations, duties and taxes.

  • ESI means any and all computer data or electronic recorded media of any kind, including “Native Files”, that are stored in any medium from which it can be retrieved and examined, either directly or after translation into a reasonably useable form. ESI may include information and/or documentation stored in various software programs such as: Email, Outlook, Word, Excel, Access, Publisher, PowerPoint, Adobe Acrobat, SQL databases, or any other software or electronic communication programs or databases that the CONSULTANT may use in the performance of its operations. ESI may be located on network servers, backup tapes, smart phones, thumb drives, CDs, DVDs, floppy disks, work computers, cell phones, laptops or any other electronic device that CONSULTANT uses in the performance of its Work or SERVICES hereunder, including any personal devices used by the CONSULTANT or any sub-consultant at home. “Native files” are a subset of ESI and refer to the electronic format of the application in which such ESI is normally created, viewed, and /or modified. The CONSULTANT shall include this section XX “Records Maintenance” in every subcontract it enters into in relation to this AGREEMENT and bind the sub-consultant to its terms, unless expressly agreed to otherwise in writing by the AGENCY prior to the execution of such subcontract. In witness whereof, the parties hereto have executed this AGREEMENT as of the day and year shown in the “Execution Date” box on page one (1) of this AGREEMENT. Signature Date Signature Date Project No.

  • BSC means the Balancing and Settlement Code designated by the Secretary of State with the approval of the Authority;