UNICCO definition
Examples of UNICCO in a sentence
UNICCO may at any time waive any restriction imposed by this Section 4 with respect to all or any portion of such shares.
Notwithstanding the foregoing provisions, if (a) UNICCO terminates the Purchaser's employment without cause and (b) UNICCO or Stev▇▇ ▇.
The closing of any purchase and sale of Shares required under the provisions of Section 2 shall be held within a reasonable time, not to exceed sixty (60) days, after the termination of the Purchaser's employment with UNICCO.
The Purchaser agrees that, during the term of his employment with UNICCO, he will not sell, assign, give, transfer, pledge, hypothecate, mortgage or otherwise encumber or dispose of all or any of the Shares (or any interest therein) transferred to him pursuant hereto.
The purchase price of the Shares sold pursuant to this Section 2 shall be the book value of such shares, determined by UNICCO's independent public accountants (the "Accountants") as of the last day of the month next preceding the month in which the termination of Purchaser's employment with UNICCO shall have occurred, which determination shall be final and binding on all parties hereto in the absence of manifest error.
Very truly yours, THE BORROWERS: UNICCO SERVICE COMPANY By: /s/ Geor▇▇ ▇.
Any communication or notice required or permitted to be given under this Agreement shall be in writing and mailed by registered or certified mail or delivered in hand, if to UNICCO and the Existing Stockholders, to UNICCO's Treasurer at 4 Co▇▇▇▇ ▇▇▇▇▇, Boston, Massachusetts 02116 or such other address as UNICCO may specify in writing to the Purchaser, and if to the Purchaser, to such address as the Purchaser shall last have furnished to UNICCO.
At the closing, UNICCO shall make payment for the Shares being purchased by delivering the full amount of the total purchase price in cash or by certified or bank check, and the Purchaser (or his legal representative, in the event of the Purchaser's death) shall deliver to UNICCO the certificates for the Shares being sold, free and clear of all liens and encumbrances, together with duly executed stock powers.
Upon the execution of this Agreement, UNICCO shall issue and deliver to the Purchaser a certificate representing 27 Shares in consideration of the Purchaser's payment of $8,035.42 per share (for a total of $216,945.00) to be paid by delivery of a Promissory Note in the form of EXHIBIT A hereto.
If at any time the Purchaser's employment with UNICCO is terminated for any reason (including, without limitation, voluntary termination, involuntary termination by UNICCO with or without cause, or death or disability), the Purchaser shall be required to sell, and UNICCO shall be required to purchase, for the purchase price described below, all of the Shares sold to the purchaser hereunder.