SMTC definition
Examples of SMTC in a sentence
For the fiscal year ending December 31, 1999, the EBITDA Targets shall be calculated on a pro forma basis as if the combination of HTM and SMTC had occurred on January 1, 1999.
The Executive is currently serving as Chair of the Board of Directors (the “Board”) of SMTC Corporation and the Executive shall resign his position as Chair of the Board upon the request of the Board but shall remain as a board member.
You acknowledge that information obtained by you during your employment with the Company (including during the term prior to the Employment Period) concerning the business or affairs of the Company or any member of the SMTC Group ("CONFIDENTIAL INFORMATION") is the property of the Company.
You agree to serve, if elected or appointed thereto, in one or more positions as an officer or director of any one or more current or future members of the SMTC Group, or any one or more of the present or future subsidiaries or affiliates of Holdings, or as an officer, trustee, director or other fiduciary of any pension or other employee benefit plan of the Company, or any one or more of the present or future subsidiaries or affiliates of Holdings.
A distribution made under this Agreement to the Congress Parties that would have been made to the Subordinated Parties is not, as between the SMTC Parties and the Subordinated Parties, a payment or distribution in respect of the Subordinated Obligations.
During the Employment Period, you shall render such services of a senior executive nature to the SMTC Group and shall have such powers, duties and responsibilities as may from time to time be prescribed by the Holdings Board of Directors (the "BOARD").
Any determination by the Board of Directors in its reasonable discretion concerning any provision hereto shall be binding upon the Corporation, SMTC Corporation, and the Executive.
Except as set forth in this paragraph 4, you shall not be entitled to any compensation or other payment from any current or future member, or affiliate of any such member, of the SMTC Group in connection with the termination of your employment.
Each such List shall be delivered to the Trustee promptly after receipt by SMTC Canada of such request or the record date for such meeting or seeking of consent, as the case may be, and in any event within sufficient time to enable the Trustee to perform its obligations under this agreement.
Failing appointment of a successor trustee by SMTC and SMTC Canada, a successor trustee may be appointed by an order of the Ontario Superior Court of Justice upon application by one or more parties hereto.