MidAmerican Energy definition
Examples of MidAmerican Energy in a sentence
THIS GUARANTY (this “Guaranty”), dated as of , 20 , is made by (the “Guarantor”), a organized and existing under the laws of , in favor of MidAmerican Energy Company (the “Beneficiary”), a corporation organized and existing under the laws of the State of Iowa.
This Schedule 1 to the Form of Guaranty contains modifications to the Form of Guaranty that are acceptable to MidAmerican Energy Company.
THIS GUARANTY (this “Guaranty”), dated as of ____________________, 20__, is made by _________________ (the “Guarantor”), a ___________ organized and existing under the laws of _________________, in favor of MidAmerican Energy Company (the “Beneficiary”), a corporation organized and existing under the laws of the State of Iowa.
The Company is a subsidiary company of MidAmerican Energy Holdings Company which is a holding company which, together with the Company, is exempt from regulation under the Public Utility Holding Company Act of 1935, as amended, except under Section 9(a)(2) thereof.
With respect to the calculation of short-term incentives under this subparagraph, if it becomes apparent that the stated earnings thresholds cannot be achieved for unforeseen reasons and in spite of diligent management effort, the Employee may nonetheless be awarded short-term incentive payments, if approved by the Committee as recommended by the Chief Executive Officer of MidAmerican Energy Holdings Company, to reward exemplary performance.
The Trustee shall make payments to the MidAmerican Energy Company Tax Qualified Decommissioning Trust Fund created and existing pursuant to a certain trust agreement dated as of February 1, 1999 between the Company and the Trustee named therein within five business days of receipt of a Transfer Certificate.
If the Employee's employment continues subsequent to the fifth anniversary of the date of this Agreement, the Employee and the Chief Executive Officer of MidAmerican Energy Holdings Company shall negotiate the amount of the Employee's future base salary and the terms of any further short-term and long-term incentive arrangements at that time, with all such compensation to be subject to approval of the Committee.
This Amendment No. 1 (the "Amendment") to the Amended and Restated Employment Agreement dated as of May 10, 1999 (the "Employment Agreement") by and between MidAmerican Energy Holdings Company, an Iowa corporation (the "Company"), and ▇▇▇▇▇ ▇.
If to the Company: MidAmerican Energy Company ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ Attention: Treasurer Fax: ▇▇▇-▇▇▇-▇▇▇▇ If to the Agents: [CONTACT INFORMATION FOR AGENTS] or at such other address as such party or parties may designate from time to time by notice duly given in accordance with the terms of this Section 11.
Prior to the fifth anniversary of the Employment Agreement, MRSC shall be able to exercise the Call Option only in the event of corporate need, as defined and addressed by the MidAmerican Energy Holdings Company Board of Directors.