UNGL definition

UNGL includes United National Group, Ltd., its subsidiaries, affiliates and related entities (including without limitation Fox Paine Capital Fund II GP, LLC, Fox Paine Capital Fund II, L.P., Fox ▇▇▇▇e Capital International Fund ▇▇, Ltd. and all persons and entities that are partners, shareholders, members or agents of any such related entities) (collectively, the "Related Entities"), and all partners, members, directors, employees, shareholders, affiliates and agents of UNGL, FPC or any other Related Entities. Notwithstanding anything herein to the contrary, this Agreement may be assigned by UNGL to any of its affiliates (including a Bermuda entity), and such assignee shall be the employer of the Executive.
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UNGL shall be understood to mean United National Group, Ltd. or any successor of such entity.
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Examples of UNGL in a sentence

  • The conversion of the Target Integration Bonus into UNGL Shares shall be based on the Merger Price.

  • The UNGL Shares comprising the Annual Integration Bonus shall be subject to a shareholder-approved plan, which plan shall have been approved prior to or at the time of the approval of the Merger Transaction, and available for resale under an S-8 filed with the Securities and Exchange Commission.

  • The UNGL Shares comprising the Annual Integration Bonus shall be subject to Stock Ownership Guidelines, in the form attached hereto as Exhibit D, and shall otherwise be free of any and all restrictions on sale or resale, except as such sale or resale may be restricted under applicable securities laws and regulations.

  • The Target Integration Bonus shall be payable in UNGL Shares as provided for below.

  • Notwithstanding any other provision of this Agreement to the contrary, UNGL Shares paid in satisfaction of the Annual Integration Bonus shall not be sold, transferred or otherwise disposed of by Executive for a period of eighteen (18) months following the payment of such shares, except to the extent necessary to satisfy any tax liability associated with such payment.

  • Executive agrees that, in addition to all other obligations commensurate with his employment with the Company, he shall devote his full business time, energies and talents to the business of the Company, and comply with each of the Company's corporate governance and ethics guidelines, conflict of interests policies and code of conduct applicable to all Company employees or senior Executives as adopted by the Board and by the UNGL Board from time-to-time.

  • Payment of such UNGL Shares shall be made in two installments, the first installment on or before April 1, 2006, and the second installment on or before April 1, 2007; or with respect to each such year at such later date as the financial statements for such years have been completed and certified by Penn-America's outside auditors.

  • Upon the completion of each of the Company’s 2005 and 2006 fiscal years, Executive shall, to the extent then actively employed, be paid a total (over two years) of $l65,000 (the “Target Integration Bonus”), but only upon the satisfaction of those integration milestones set forth in Exhibit C hereto, as determined in good faith by the Chairman of the Board of Directors of UNGL and approved by UNGL’s Compensation Committee (such resulting figure, the “Annual Integration Bonus”).

  • All disputes between UNGL and Executive shall be resolved by binding confidential arbitration held in Bermuda, Philadelphia, Pennsylvania or New York City (selected by MR.

  • Upon the completion of each of the Company’s 2005 and 2006 fiscal years, Executive shall, to the extent then actively employed, be paid a total (over two years) of $ (the “Target Integration Bonus”), but only upon the satisfaction of those integration milestones set forth in Exhibit C hereto, as determined in good faith by the Chairman of the Board of Directors of UNGL and approved by UNGL’s Compensation Committee (such resulting figure, the “Annual Integration Bonus”).