COMPANY PROGRAMS Clause Examples

COMPANY PROGRAMS. Where permanent workforce reductions have not been achieved through attrition, the following programs will apply as set out below:

COMPANY PROGRAMS. FRANCHISEE shall subscribe to, participate in and comply with any of the programs, promotions, campaigns or activities which COMPANY enters into, engages in or reasonably prescribes (e.g., credit card programs, telephone service programs or advertising programs). FRANCHISEE shall supervise and service such programs, promotions and activities pursuant to the terms thereof. FRANCHISEE shall contribute to the expenses thereof, if any, on the same pro rata basis as other franchisees. FRANCHISEE shall encourage and solicit vehicle rental customers to patronize other RENT-A-WRECK businesses, and will exclusively refer, commission free, all vehicle reservations to other franchisees or COMPANY rental locations, when there is such a franchisee or COMPANY rental location in the area concerned. FRANCHISEE also shall provide a 24-hour emergency road service. If COMPANY offers a national program, FRANCHISEE may be required to participate in such program. FRANCHISEE shall provide COMPANY with information about FRANCHISEE's emergency service providers and shall keep such information current so that COMPANY can make arrangements when and if necessary. FRANCHISEE is authorized to expend up to seventy dollars ($70) on behalf of another franchisee without his authorization. Any amount in excess of seventy dollars ($70) shall require the oral authorization from the other franchisee. FRANCHISEE agrees to ▇▇▇▇ the franchisee from whom such car was rented, only for the actual out-of-pocket cost of such servicing, and to promptly pay other franchisees who assist one of its customers.

COMPANY PROGRAMS. Section 3.12(c) of the Disclosure Schedule is a complete and accurate list of all current Company Programs in development by name and description. Such schedule shall specify whether each of such Company Programs were developed by or on behalf of the Company or provided by third parties (and if by third parties, the identity of such third parties (including, if applicable, UCSD) to the Company. The Spin-Out Assets do not relate in any way to the ARVC Program or the TNNI3-Associated HCM Program.

COMPANY PROGRAMS. Where permanent workforce reductions have not been achieved through attrition, the foIIowing programs wiII appIy as set out beIow: (a) VoIuntary EarIy Retirement Incentive (VERI) In the event of permanent downsizing or permanent job Ioss the Company wiII provide empIoyees, who are eIigibIe to retire under the terms of the Revised GeneraI Pension PIan, with the opportunity to take advantage of a VoIuntary EarIy Retirement Incentive (VERI) in order to minimize the number of permanent Iayoffs. The number of VERI’s offered wiII not be Iess than the number of anticipated Iayoffs and shaII be offered on a seniority basis: (i) Where the permanent reductions are to occur within a production occupation, to aII production empIoyees within that area of the Business Unit (i.e. Mines Operations, MiII Operations or SmeIter Operations) or; (ii) Where the permanent reductions are to occur within a SkiIIed Trades Occupation, to aII empIoyees within this trade across both Business Units. EmpIoyees who quaIify and are seIected according to their seniority wiII be scheduIed for retirement dates over a period not to exceed eight (8) months in order to meet the operating needs of the company. Those empIoyees who actuaIIy quaIify for the VERI and retire under the terms of the Revised GeneraI Pension PIan wiII be provided with a VoIuntary EarIy Retirement Incentive payment of $1,000 per year of service with a minimum payment of $20,000. It is understood that temporary workforce reductions and workforce reductions caused by attrition wiII not trigger the terms of the VoIuntary EarIy Retirement Incentive. (b) Severance pay Severance pay for an empIoyee shaII be caIcuIated based on a factor of $1,000 per year of service with a minimum payment of $4,000 and a maximum payment of $30,000. Severance pay shaII incIude any entitIement of an empIoyee under the EmpIoyment Standards Act of Ontario and appIicabIe reguIations. An empIoyee, upon receipt of severance pay shaII Iose his right to recaII and shaII be presumed to no Ionger have any seniority with the Company or be deemed to be an empIoyee of the Company. Severance pay wiII not be paid to any empIoyee who is terminated for just cause, or who Ieaves the empIoy of the Company prior to the effective date of his Iayoff.

COMPANY PROGRAMS. Where permanent workforce reductions have not been achieved through attrition, the following programs will apply as set out below: a) VOLUNTARY EARLY RETIREMENT INCENTIVE (VERI) In the event of permanent downsizing or permanent job loss the Company will provide employees, who are eligible to retire under the terms of the Revised General Pension Plan, with the opportunity to take advantage of a Voluntary Early Retirement Incentive (VERI) in order to minimize the number of permanent layoffs. The number of VERI’s offered will not be less than the number of anticipated layoffs and shall be offered on a seniority basis: • Where the permanent reductions are to occur within a production occupation, to all production employees within that area of the Business Unit (i.e. Mines Operations, Mill Operations or Smelter Operations) or; • Where the permanent reductions are to occur within a Skilled Trades Occupation, to all employees within this trade across both Business Units. Employees who qualify and are selected according to their seniority will be scheduled for retirement dates over a period not to exceed eight (8) months in order to meet the operating needs of the company. Those employees who actually qualify for the VERI and retire under the terms of the Revised General Pension Plan will be provided with a Voluntary Early Retirement Incentive payment of $1,000 per year of service with a minimum payment of $20,000. It is understood that temporary workforce reductions and workforce reductions caused by attrition will not trigger the terms of the Voluntary Early Retirement Incentive.

COMPANY PROGRAMS. (a) Schedule 4.12(a) sets forth a true, correct and complete list of: (i) all Company Programs that are owned in whole or in part by the Company or any of its Subsidiaries (each, an “Owned Program”); (ii) to the extent not constituting an Owned Program, the top ten revenue grossing Company Programs with respect to the gross revenue generated by the Company and its Subsidiaries in respect of such Company Program; (iii) all Company Programs in active development or production as of the date hereof. (b) All Company Programs have been developed, produced and exploited in material compliance with: (i) all applicable Contracts; (ii) all applicable Laws; (iii) any applicable collective bargaining, union or guild agreement; (iv) the Communications Act; (v) as applicable, the Television Code of the National Association of Broadcasters; and (vi) any applicable standards or codes set forth by the Motion Picture Association or the Motion Picture Association of America. (c) The Company and its Subsidiaries are in good standing and are not in default with all applicable union, guild or collective bargaining agreements, rules and regulations. (d) Each Company Program is covered by adequate and customary insurance, in accordance with standard custom and practice in the entertainment industry, and the Company or its Subsidiary, as applicable, are a named insured under such policies.