RETM definition

RETM as chairman of <PAGE> 2 the Board of Managing Directors of RETM ("Voorzitter van ▇▇ ▇▇▇▇ van Bestuur") at its first meeting after August 1, 2000. o The Executive in his position as President of the Company and chairman of the Board of Managing Directors of RETM will be responsible for the business unit Reliant Energy Europe. At the date of signing this agreement the position entails oversight over N.V. UNA and RETM. Over time it is expected that business will be expanded to other countries within Europe which will fall under his responsibility as well. HEREBY AGREE AS FOLLOWS: ARTICLE 1:
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RETM has the meaning ascribed to it in Recital (C);
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Examples of RETM in a sentence

  • The RETM long term disability policy provides coverage on annual salary in excess of EURO 37,789 (WAO ceiling--year 2000).

  • The RETM long term disability plan will provide on full disability, 70% of excess salary up to an annual salary cap of EURO 158,823, with proportional amounts for partial disability.

  • RETM has a group medical plan with NVS, which will provide medical coverage on the basis of the NVS policy with surplus supplement, at class 2b level without own risk deductible.

  • The Company (or RETM, as determined in the Company's discretion) shall take out a managing director's liability policy on behalf of the Executive in consultation with the Executive.

  • At the date of signing this agreement the position entails oversight over N.V. UNA and RETM.

  • The Executive agrees to devote at all times his best efforts, attentions and abilities to the business and to the affairs of the Company, RETM and their affiliates and to the business unit Reliant Energy Europe.

  • The Company hereby employs the Executive as President of the Company and as chairman of the Board of Managing Directors of RETM ("Voorzitter van ▇▇ ▇▇▇▇ van Bestuur") and the Executive hereby accepts such employment, upon the terms and conditions as set forth in this Agreement.