GLR definition
Examples of GLR in a sentence
The Borrower, the Lenders and the Administrative Agent executed and delivered that certain Credit Agreement dated as of October 6, 2006, as amended by instruments dated as of January 2, 2007, November 9, 2007, March 13, 2008 and August 4, 2008.
To the extent that any Qualtrics Employees, including any Transferring Employees, are subject to any SAP Labor Agreements, whether prior to or following the IPO, Qualtrics shall coordinate all communications with the applicable Works Council through SAP’s Global Labor Relations Department (“GLR”) and Qualtrics shall not communicate directly with the applicable Works Council without the prior written consent of GLR, unless otherwise required by law.
The Option shall be binding in accordance with its terms upon any successors of GLR and upon the heirs, executors, administrators and successors of Employee.
All of the unexercised rights of Employee under the Option shall lapse if Employee's employment with GLR or a subsidiary is terminated for any reason, except for leaves of absence approved in writing by the President of GLR, or if such employment is terminated by reason of Employee's permanent total disability, retirement or death, as described below.
This Agreement shall not affect in any way the right or power of GLR to make adjustments, reclassifications, reorganizations or changes of its capital or business structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its business or assets.
For the avoidance of doubt, SAP and Qualtrics acknowledge that Qualtrics may be subject to Labor Agreements that are independent of SAP in certain jurisdictions and that, as of the IPO, Qualtrics shall be responsible for compliance with all such Labor Agreements and shall not be required to coordinate with GLR with respect to any such Labor Agreements, unless otherwise required by law.
GLR and Employee have executed this Agreement as of the day and year first above written.
Except as provided in paragraph 4(b), below, at the time of any exercise of the Option, Employee must be an employee of GLR or its subsidiary.
Employee agrees to borrow from GLR, and GLR agrees to lend to Employee, the sum of $__________ under the general terms specified in the promissory note (the "Note") in the form attached hereto as EXHIBIT A.
Employee covenants that Employee will cause GLR's share transfer agent to deliver such certificate(s) directly to the then-serving Secretary of GLR upon GLR's written notice to Employee that GLR requires such delivery of the certificate(s).