primary focus definition

primary focus means that activity or objective within the sector upon which an organisation or body concentrates its efforts;
primary focus with respect to a Competitor means that more than twenty-five percent (25%) of the consolidated revenues of such Competitor were derived from such Competitor’s and its consolidated subsidiaries’ wireline telecommunications services, including but not limited to internet services, in the Service Area in the Competitor’s most recently completed fiscal year before any applicable date of determination. In consideration of the Executive’s undertakings set forth in this Section 8 with respect to periods after termination of employment, but only in the event that the Executive is entitled to the benefits and payments under Section 4(c) above, subject to subsection 4(c)(v) and Section 19 below, the Company will pay the Executive an amount equal to twenty-five percent (25%) of her Base Salary during the Termination Period, in such periodic installments, not less frequently than monthly, as her Base Salary was being paid immediately prior to termination of employment, with a lump sum payment on the sixtieth (60) day after termination of the Executive’s employment equal to the payments the Executive would have received had the payments commenced immediately following termination of the Executive’s employment and subsequent installments in equal periodic installments thereafter, no less frequently than monthly, less any sums which may be required to be deducted or withheld under applicable provisions of law. In the event the Executive is not entitled to the benefits and payments under Section 4(c) above, the Company will not pay the Executive any of the consideration set forth in this Section 8(i). In the event the Executive breaches any of the restrictions or provisions set forth in this Section 8, the Executive waives and forfeits any and all rights to any further payments under subsection (i) or otherwise under this Agreement and agrees to return to the Company the gross amount of any amounts previously paid, and the value of any benefits previously provided under this Agreement. This waiver and forfeiture shall be effective even in the event a court refuses to enforce the restrictions set forth in this Section 8. The Executive and the Company acknowledge and agree that no part of this Section 8 or of Sections 5, 6 or 7 are intended to (i) restrict the Executive’s right to practice law after the Executive’s employment with the Company ends or (ii) relieve the Executive from, or cause the Executive to violate, any of her duties or responsibilities (ethical or otherw...
primary focus with respect to a Competitor means that more than twenty-five percent (25%) of the consolidated revenues of such Competitor were derived from such Competitor’s and its consolidated subsidiaries’ wireless telecommunications services in the Service Area in the Competitor’s most recently completed fiscal year before any applicable date of determination.

More Definitions of primary focus

primary focus means that activity or objective within the sector

Related to primary focus

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  • primary school means a school classified as a primary school or an intermediate school under the Education Act 1989.

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