Playa definition
Examples of Playa in a sentence
This area includes downtown L.A., Inglewood, L.A. International Airport, Playa del Rey, Venice, Santa ▇▇▇▇▇▇, Brentwood, West L.A., Westwood Village, ▇▇▇▇▇▇ City, ▇▇▇▇▇▇▇ Hills, Century City, West Hollywood and Hollywood.
The amount, if any, of each Discretionary Annual Bonus payable to Executive shall be determined by the Playa Board in its sole and absolute discretion, taking into account such criteria as the Playa Board shall deem appropriate.
The effectiveness of this Agreement is subject to the approval of the Playa Board.
The terms and amounts of any EIP awards granted to Executive shall be determined by the Playa Board in its sole and absolute discretion.
The Playa Board shall make its determination of the amount of the Discretionary Annual Bonus (if any) payable to Executive promptly after the Playa Board’s acceptance of the financial results for the applicable year.
The Playa Board shall review Executive’s Base Salary annually in conjunction with its regular review of executives’ salaries and make such increases, if any, to his Base Salary as the Playa Board shall deem appropriate in its sole and absolute discretion.
Playa Resorts and its successors and assigns may enforce these restrictive covenants.
Playa Resorts shall bear all costs incurred in connection with the performance of the calculations contemplated by this Section 11(a).
At Playa Resorts’ sole and absolute discretion, it may substitute sixty (60) days’ salary in lieu of notice.
Further, Playa Resorts shall pay the Additional Amount for a period of twelve (12) months following the date of termination of his employment; provided, however, that if such insurance coverage becomes available under another group insurance plan during the twelve (12)-month period, payment of the Additional Amount shall cease.