Examples of SBS Group in a sentence
Neither Convers nor any of its partners or employees shall have any power or authority to assume or create any obligation for or on behalf of the SBS Group to enter into any agreement or to make any representation with respect to the SBS Group or any of its products or services, except that the Executive shall have only such powers as are granted to him by the terms of this Agreement, the Board and/or the Chairman.
Convers agrees that during the Term and thereafter, it will not, and it will not permit any of its partners, employees, consultants, advisers or the Executive to, use for its or their purpose, disclose to any person or misappropriate any trade secret or other confidential information which they may obtain concerning any aspect of the business, management, financial position or operating results of the SBS Group.
The Company wishes to obtain certain management services from and through Convers, and Convers has agreed to provide such services by making available to the SBS Group (as hereinafter defined) the services of Xx. Xxxxxx Xxxxxxxxxx, hereinafter referred to as the "Executive".
Convers covenants that during the Term it will not, and it will not permit any of its partners employees, consultants, advisers or the Executive to, have any direct or indirect equity, debt or contractual relationship with or other interest in any customer, supplier or person who competes with the SBS Group.
During the Term, Convers will procure, for the exclusive benefit of the Company, the full-time services of the Executive, for the purpose of fulfilling the duties and responsibilities of Chief Executive Officer and President of the SBS Group.
The Executive shall report to the Chairman and the Board and shall keep the Chairman and the Board informed of the conduct of the affairs of SBS and any subsidiaries of SBS (the "SBS Group") and shall provide them with such information and explanations as may be requested from time to time by them.
This Agreement shall supersede and replace all previous agreements between the Company or any other member of the SBS Group and the Executive, if any, in relation to his employment including as from the Commencement Date, the Prior Agreement.
Except for the representations and warranties contained in this Section 3.1, neither SBS nor any other Person makes any other express or implied representation or warranty on behalf of any member of the SBS Group.
As of the Closing Date, Strateurop shall have no liabilities or obligations of any kind towards the SBS Group and shall have no net liabilities (excluding for the purposes of the calculation of net liabilities the value of the SBS TVN Shares).
Other than the SBS Entities, no SBS Group Member owns, leases or holds any assets necessary for or used in the conduct of the Business or the operation of the Station as currently conducted.