Portec definition

Portec means Defendant Portec Rail Products, Inc., a West Virginia corporation headquartered in Pittsburgh, Pennsylvania, its successors and assigns, and its subsidiaries,
Portec means Portec Rail Products, Inc., a West Virginia corporation.

Examples of Portec in a sentence

  • All such notices, demands, consents, requests, instructions and other communications will be sent to the following addresses or facsimile numbers as applicable: If to Company: Portec Rail Products, Inc.

  • Immediately prior to the Effective Time, each outstanding option to purchase Common Shares (each, a "Stock Option") granted under the 1988 Portec, Inc.

  • The Executive Employment Duties shall include serving as the President of the Company and the Division and such other duty as the Chief Executive Office of Portec (the "Portec CEO") shall designate from time to time consistent with such position.

  • A salary ("Base Salary") for all services rendered by the Executive under this Agreement of Eleven Thousand Dollars ($11,000.00) per month, subject to annual review by the Portec CEO.

  • All notices, requests, demands and other communications ------- in connection with this Agreement shall be made in writing addressed as follows: To Seller: --------- Portec, Inc.

  • Portec Rail has full corporate power and authority to carry on its business as now conducted and is duly licensed or qualified to do business in the states of the United States and foreign jurisdictions where its ownership or leasing of property or the conduct of its business requires such qualification.

  • In connection with that certain Termination Agreement entered into by and between the Company, Portec, Inc.

  • Portec Rail shall use all commercially reasonable efforts to obtain as soon as practicable all consents and approvals of any Governmental Entity or other person necessary or desirable for the consummation of the transactions contemplated by this Agreement.

  • Except as approved by the Portec CEO, the Executive shall not be entitled to any interest in such project, program or venture or to any commission, finder's fee or other compensation in connection therewith other than the Salary to be paid to the Executive as provided in this Agreement.

  • The Board will reimburse teachers for any reasonable loss, damage, or destruction of clothing or personal property of the teacher while in the direct performance of their professional duty in the school or on the school premises.