NOOF definition

NOOF means NOOF as herein before defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise.
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Examples of NOOF in a sentence

  • Such plan shall provide the Executive with the opportunity to earn a bonus based on satisfaction of performance criteria of EBITDA for NOOF as set out below.

  • During the Employment Period, the Executive shall be entitled to participate in long-term incentive plans and programs applicable generally to other peer executives of ITN and/or NOOF.

  • The Executive's Annual Base Salary shall not be less than the base salary paid to any other executive of ITN or NOOF during the term of this Agreement.

  • Such stock options shall be evidenced by a written stock option award agreement between NOOF and the Executive, the terms of which shall be agreed to by the parties in good faith as soon as practical.

  • The bonus payable pursuant to this Section 2(B)(ii) for any fiscal year shall be paid to the Executive no later than the 30th day following the issuance of the audited financial statements of NOOF for such year.

  • The Executive shall receive a grant of non statutory stock options of fifty thousand (50,000) shares of NOOF common stock.

  • Executive represents and warrants that he is not subject to any duties or restrictions under any prior agreement with any previous employer or other person, and that he has no rights or obligations except as previously disclosed to ITN or NOOF which may conflict with the interests of ITN or with the performance of the Executive's duties and obligations under this Agreement.

  • Executive hereby agrees that she will return all such materials, including copies, to NOOF upon demand, or upon the cessation of her employment.

  • During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of NOOF as in effect generally from time to time after the Effective Date with respect to other peer executives of NOOF, provided that the vacation will not be not less than four (4) weeks per year.

  • During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of ITN and/or NOOF as in effect generally from time to time after the Effective Date with respect to other peer executives of ITN and/or NOOF, provided that the vacation will not be not less than four (4) weeks per year.