Karp definition
Examples of Karp in a sentence
Karp ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Telecopy: (▇▇▇) ▇▇▇-▇▇▇▇ with a copy to: ▇▇▇▇▇▇ & ▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇ Attn: ▇▇▇▇▇▇ ▇.
Karp shall not be requir▇▇ ▇o mitigate damages by seeking other employment and payments required to be made hereunder shall not be reduced by any other income which Karp may receive or by a▇▇ ▇et-offs or claims which may exist against Karp for any reason what▇▇▇▇er.
Karp shall be entitled t▇ ▇▇rticipate in such bonus or other incentive compensation plan(s) as currently is or may hereafter be established by the Corporation or the Bank for their respective executive officers during the Employment Period.
Such payments shall be made by the Corporation to Karp, or in the event of ▇▇▇ subsequent death, to his beneficiary or beneficiaries, or his estate, as the case may be, in accordance with the customary payroll practices of the Corporation.
The amount payable to Karp or his beneficiary(▇) ▇nder this Section 6.2 shall equal the excess of (1) the benefits that would be paid to Karp or his beneficiarie▇, ▇nder all retirement plans of the Corporation in which Karp participates if Kar▇ ▇▇re fully vested u▇▇▇▇ such plans over (2) the benefits that are payable to Karp or his beneficiarie▇ ▇▇der all retirement plans of the Corporation in which Karp participates.
All of the terms and provisions of this Agreement shall be binding upon, shall inure to the benefit of, and be enforceable by and against Karp and his executors, ▇▇▇▇nistrators and heirs and the Corporation and their respective permitted successors and assigns.
If Karp's employment under ▇▇▇▇ ▇greement is terminated by the Corporation for "cause" (as defined in Section 4.1D), or if Karp voluntarily resigns ▇▇▇ employment other than pursuant to Section 4.1C, the Corporation shall pay to Karp his Base Salary as ▇▇▇▇ in effect that has accrued to the Date of Termination.
Karp shall contribute su▇▇ ▇mounts towards such benefits as are required of all employees so long as he receives such benefits.
Karp shall be entit▇▇▇ ▇▇ ▇▇ur (4) weeks' paid vacation per calendar year (prorated in any calendar year or in which Karp is employed hereund▇▇ ▇or less than such entire year).
Unless otherwise determined by the Board of Directors of the Corporation, Karp shall have no right ▇▇ receive compensation or other benefits under this Agreement after such a termination for "cause" or following a voluntary resignation except as otherwise provided in this Agreement.