MTBV definition

MTBV has the meaning specified in the introductory paragraph hereto.

Examples of MTBV in a sentence

  • MTBV agrees that it has elected Executive as a member of the Board of Directors of Employer.

  • Executive also agrees that in order to protect MTBV and Employer's confidential and proprietary information, for two (2) years following the termination of his employment, he will not, either directly or through others, render services to, contract with, or attempt to solicit business from any principal, customer or prospective customer of Employer or MTBV for products or services offered by Employer or MTBV at the time of Executive's termination of employment.

  • It is anticipated that the MTBV Supervisory Board will annually review Executive's benefits package and may, in its discretion, increase (but not decrease unless such decrease is done on an equitable pro rata basis for Employer's executives including its CEO) such perquisites.

  • Subject to Section 5.3, the provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto, any successor to or assign of Employer or MTBV, and upon Executive's heirs and the personal representative of Executive or Executive's estate.

  • Employer reserves the right to require Executive to fly coach class (regardless of trip length or duration) in any quarter in which MTBV reasonably expects to report a net loss, provided that such a requirement is generally applicable to all of Employer's executives.

  • The term of Executive's appointment as a Managing Director of MTBV shall be determined by the General Meeting of Shareholders of MTBV.

  • This Agreement shall not be terminated by a voluntary or involuntary dissolution of Employer or MTBV or the transfer of all or substantially all the stock or assets of Employer or MTBV or the merger of Employer or MTBV with or into another entity.

  • Executive hereby irrevocably consents to such exclusion and waives any and all claims or causes of action that he might otherwise assert against MTBV, its subsidiaries, officers, directors and shareholders based on, or arising out of, any provision of Netherlands law.

  • MTBV shall have the sole discretion to change or eliminate its annual incentive compensation plans, to determine the amount placed into the pool, to determine whether Executive is entitled to any compensation under these plans, and to determine the amount of any such compensation.

  • No waiver by MTBV shall be valid unless in writing and signed by the Chairman of the MTBV Supervisory Board.

Related to MTBV

  • Acquisition Sub shall have the meaning set forth in the Preamble.

  • Subco means 0731297 B.C. Ltd., a corporation existing under the laws of the Province of British Columbia and a wholly owned subsidiary of Kinder;

  • Transaction Size means Lot Size multiplied by number of Lots.

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • BaSAG means the Austrian Recovery and Resolution Act (Sanierungs- und Abwicklungsgesetz), as amended or replaced from time to time and any references in these Conditions to relevant provisions of the BaSAG include references to any applicable provisions of law amending or replacing such provisions from time to time.