FTFC definition
Examples of FTFC in a sentence
The Stock Option Award Agreement dated January 29, 1996, by and between FTFC and the OPTIONEE, is hereby terminated and is hereafter of no further force or effect.
The Stock Option Award Agreement dated January 29, 1997, by and between FTFC and the OPTIONEE, is hereby terminated and is hereafter of no further force or effect.
Regardless of the fact that the deliverable constitutes a non-recurrent obligation, the agreement – but only the agreement as a whole – can be terminated with effect as at the end of any quarter, giving one month’s written notice by registered letter.
This AGREEMENT has been duly executed and delivered by each of FTFC and FSB.
Prior to the Closing, Seller shall, as soon as reasonably practicable, notify Buyer (after Seller has notice thereof), and Buyer shall promptly notify Seller (after Buyer has notice thereof), and keep such other Party advised, as to any litigation pending or, to Seller’s Knowledge or the actual knowledge of Buyer, as applicable, threatened against such Party, FTFC, the Canadian Sub or Opco that challenges such Party’s or FTFC’s ability to effect the Transactions.
For a period of three years after the BKFC EFFECTIVE TIME, BKFC shall indemnify persons who served as directors and officers of FTFC on or before the BKFC EFFECTIVE TIME to the fullest extent permitted under the Articles of Incorporation and Bylaws of BKFC and applicable provisions of Kentucky law.
The STOCK OPTION PLANS were approved by the holders of the requisite majority of outstanding common shares of FTFC on January 29, 1996, and have not been amended since the date of such approval.
No representation question exists in respect of the employees of either FTFC or FSB and no labor grievance which might have a material adverse effect upon either FTFC or FSB or the conduct of its businesses is pending or, to the knowledge of FTFC, threatened.
This AGREEMENT may only be amended by the unanimous consent of FTFC, FSB, BKFC and the BANK by action taken by their respective Boards of Directors, at any time before or after approval of this AGREEMENT by the shareholders of FTFC, but after such approval no amendment shall be made which materially and adversely affects the rights of such shareholders without the further approval of such shareholders.
No arbitration proceeding arising out of or under any collective bargaining agreement is pending and no claim therefore has been asserted against either FTFC or FSB.