FLMG definition
Examples of FLMG in a sentence
Prior to the Closing, FLMG’s Board of Directors has declared a FLMG dividend for the year ended December 31, 2010 in an aggregate amount equal to $20,080,656, and such dividend has been paid.
For purposes of paragraph (f) (“Set Off; No Mitigation”) of the FLMG Employment Agreement and the incorporation of such provision into this Agreement, the payments due under the FLMG Employment Agreement shall not be set off against payments due under this Agreement and the payments due under this Agreement shall not be set off against payments due under the FLMG Employment Agreement.
With effect from December 7, 2007, IAC hereby irrevocably guarantees the punctual payment of all sums, and the punctual performance of all obligations, by FLMG Holdings hereunder (the “IAC Guaranty”); provided, that, in connection with a Transfer of IAC’s Shares permitted by this Agreement, this IAC Guaranty may be transferred and assigned by IAC to the ultimate parent company of any such transferee without the consent of any of the Stockholders or the Company.
The Company agrees to include in the slate of nominees recommended by the Board, the Azoff Trust Designees, the FLMG Designees, the MMI Designees and the MSG Designee pursuant to Section 2.1(a) and to use its reasonable best efforts to cause the election of each such designee to the Board, including nominating such individuals to be elected as Directors as provided herein.
Such payments shall constitute payment in full under the FLMG Employment Agreement and the LNE Employment Agreement.
FLMG makes no representation that the Retained Personnel shall agree to be employed or engaged by Azoff after the Closing or for any specified period of time thereafter.
Delaware UCC-1 Financing Statement Fillmore Theatrical Services California UCC-1 Financing Statement FLMG Holdings Corp.
Azoff shall indemnify the LNE Companies against any claims by any of the Retained Personnel relating to their employment, including, without limitation, any claims for severance, but excluding any obligations of FLMG (a) pursuant to clause (ii) of the immediately preceding sentence and (b) pursuant to clause (1) of the immediately following paragraph.
Such “gross up” payment will be made, at LNE’s option, in cash or in shares of LNE Common Stock based on the LNE Closing Price, and shall satisfy any remaining obligations of FLMG under the Restricted Stock Award Agreement, dated as of June 8, 2007, between FLMG and ▇▇▇.
Executive will continue to receive base salary and annual bonuses under the FLMG Employment Agreement, subject to, and in accordance with, its terms.