SMSL definition
Examples of SMSL in a sentence
During the Employment Period the Executive will promptly disclose to the Board any conflict of interest involving the Executive, upon the Executive becoming aware of such conflict, it being understood and agreed that the Executive’s activities on behalf of or in connection with SMSL and its Subsidiaries, Tiger Management Limited and its Subsidiaries and Greater China Investments shall be deemed not to constitute a conflict of interest for this purpose.
Aggregate beneficial ownership of 20% or more but not more than 30% of the company’s common shares (excluding any Series A Securities and SMSL Common Shares, each as defined below) by ▇▇▇▇▇▇ ▇.
The Company acknowledges that the Executive may invest and own or hold equity interests in SMSL and its Subsidiaries (including SSML), Greater China Investments and/or Tiger Management Limited and its Subsidiaries, and that such interests may be significant.
During the Employment Period the Executive will promptly disclose to the Board any conflict of interest involving the Executive, upon the Executive becoming aware of such conflict, it being understood and agreed that the Executive’s activities on behalf of or in connection with SC, SMSL and its Subsidiaries, Tiger Management Limited and its Subsidiaries and Greater China Investments shall be deemed not to constitute a conflict of interest for this purpose.
In order to induce the Members to enter into this Agreement, concurrently with the execution of this Agreement, SMSL, ▇▇▇▇▇ ▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ are each executing and delivering to the Company a Non-Competition Agreement in substantially the form attached hereto as Exhibit E.
The Company acknowledges that the Executive may invest and own or hold equity interests in SC, SMSL and its Subsidiaries, Greater China Investments and/or Tiger Management Limited and its Subsidiaries, and that such interests may be significant.
Notwithstanding the forgoing, if (a) pursuant to Section 2.5, the Executive transfers his primary location to the greater Hong Kong metropolitan area and (b) such assignment will not result in increased costs or expenses to the Company or its controlled Affiliates, the Company shall assign this Agreement to SMSL.