Material Employment Agreement definition

Material Employment Agreement means an Employment Agreement pursuant to which Target or any of its Subsidiaries has or could have an obligation to provide compensation and/or benefits (including, without limitation, severance pay or benefits) in an amount or having a value in excess of $100,000 per year or $500,000 in the aggregate.

Material Employment Agreement means an Employment Agreement pursuant to which the Company or any of its Subsidiaries has or would reasonably be expected to have any obligation to provide compensation and/or benefits (including without limitation severance pay or benefits or payments related to change in control of the Company) in an amount or having a value in excess of $150,000 per year or $250,000 in the aggregate.

Material Employment Agreement means a contract, offer letter or agreement of the Company or any Company Subsidiary with or addressed to any individual who is rendering or has rendered services thereto as an employee or consultant pursuant to which the Company or any Company Subsidiary has any actual or contingent liability or obligation to provide compensation and/or benefits in consideration for past, present or future services (including without limitation severance pay or benefits) in an amount or having a value in excess of $150,000 per year or $300,000 in the aggregate.

Examples of Material Employment Agreement in a sentence

• The Target LLCs have delivered to the Internalization Subs a correct and complete copy of each Material Employment Agreement.

• The Company has delivered or made available to Parent a true, correct and complete copy of each Material Employment Agreement.

• The Company has delivered or made available or will make available upon request to Newco true, correct and complete copies of each such Material Employment Agreement, as amended to date.

• Except for the Executive Change of Control Agreements and the agreements and arrangements set forth in Section 4.11(a) of the Disclosure Letter, neither the Company nor its Subsidiaries is a party to any Material Employment Agreement.

• Except as specifically provided in the foregoing documents made available to Parent, there are no amendments to any Plan or Material Employment Agreement that have been adopted or approved nor has the Company or any of its Subsidiaries undertaken to make any such amendments or to adopt or approve any new Plan or Material Employment Agreement.

More Definitions of Material Employment Agreement

Material Employment Agreement has the meaning specified in Section 2.14(b).

Material Employment Agreement means an Employment Agreement pursuant to which Franco-Nevada or any of its Subsidiaries has or could have an obligation to provide compensation and/or benefits (including, without limitation, severance pay or benefits) in an amount or having a value in excess of $100,000 per year or $250,000 in the aggregate.

Material Employment Agreement means an Employment Agreement pursuant to which Target has or could have an obligation to provide compensation and/or benefits (including, without limitation, severance pay or benefits) in an amount or having a value in excess of $100,000 per year.

Material Employment Agreement means an Employment Agreement that provides (i) severance, other than pursuant to a severance plan set forth in Section 3.14(a) of the Disclosure Schedules or (ii) specified future payments, whether conditional or guaranteed, other than base salary.

Material Employment Agreement means an Employment Agreement with respect to the employment or service of any current or former director or officer of the Company or any other member of the AB Group, or any Employment Agreement with a current or former director, officer or Employee with change-in-control or severance or other provisions which could, on or following the date hereof, result in or cause the acceleration of any compensation or benefit upon a change-in-control or termination of employment following a change-in-control.

Material Employment Agreement means any employment agreement filed as an Exhibit to any of the Company SEC Documents.

Material Employment Agreement shall have the meaning set forth in Section 4.19.