Further Understanding Sample Clauses

Further Understanding. A. The Foundation is not subject to any interest withholding requirements and pursuant to Internal Revenue Service (IRS) regulations does not need to file an exemption certificate. The Financial Institution shall not issue an IRS Form 1099 to the Foundation on any interest earned and paid on IOLTA accounts to the Foundation. Financial Institutions should use the Foundation’s taxpayer identification number: 00-0000000 for any reports to taxing authorities.
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Further Understanding. The time limits provided in this article shall be strictly observed by may be extended by mutual written consent of the Superintendent or his/her designee and the Association. Adjustment of any grievance as described herein shall not be inconsistent with the provisions of the is agreement. In event a grievance is filed after May 15 of any year and strict adherence to the time limits may result in hardship to any party, the Board shall use its best efforts to process such grievance prior to the end of the school term or as soon thereafter as possible. A grievant will not compelled to attend meetings on days that are not workdays, unless the grievance regards termination or suspension without pay. In cases of termination or suspension without pay the grievance steps will be conducted as quickly as practical for both parties, upon mutual consent of the parties. No reprisals of any kind shall be taken by either party or by any member of the administration against any party in interest, any school representative or any other participants in the grievance procedure by reason of such participation. All grievances may be filed and /or lodged by the grievant during the normal school day, provided that such filing shall be during non-instructional time and/or such filing does not disrupt the educational process. If the grievant, principal, the immediate supervisor, Superintendent or his/her designee or the hearing officer is ill, or on approved leave, the time limits may be extended to such time that the grievant, principal, the immediate supervisor, Superintendent or his/her designee and hearing officials involved with the dispute and resulting grievance have the right to have representation at conference and hearing as outline in Article III, H-K. All documents pertaining to a grievance shall be filed separately from the grievant’s personnel folder(s). All provisions of this procedure shall be strictly adhered to except where they are mutually altered in writing by the Board and the Association. Grievances can be lodged and/or filed concerning only and limited to the terms of this contract.
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Further Understanding. The Employee understands and agrees that --------------------- the covenants in this Section 6 prohibit him from owning (other than ownership of less than one percent (1%) of the outstanding capital stock of a publicly- owned company), directly or indirectly, any business involved in the sale, distribution or development of arthroscopic and sports medicine surgical devices (or any person or entity that owns any capital stock or equity interest in any such business), or from accepting employment with or rendering services to any such business either as a director, officer, agent, representative, employee or consultant for the period of time specified in Section 6 (c).
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Further Understanding. 28.1. It is hereby agreed and understood between the Parties that the purchase of the shares of the Company is required to be done in two tranches aggregating to a total of 15% of the issued and paid up share capital of the Company on a fully diluted basis which is equivalent to 6.186% (“Aggregate Purchaser Shareholding”) of the indirect beneficial equity interest in the Operating Company on a fully diluted basis (excluding the conversion of the Class A Preference Shares held by Anant Investments and an issuance for or in connection with the employee stock option scheme by the Operating Company). Further, the Parties have agreed that the Aggregate Purchaser Shareholding shall be purchased in the following manner:
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Further Understanding. The Union and the Employer further agree that all terms and conditions of the Affiliates’ collective bargaining agreements, not addressed in this document, shall be recognized and adhered to. Language changes in the trades agreements negotiated after the effective date of this memorandum shall not apply to the University without the written consent of an authorized representative of Employer.
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Related to Further Understanding

  • Prior Understandings This Agreement and the other Loan Documents supersede all prior and contemporaneous understandings and agreements, whether written or oral, among the parties hereto relating to the transactions provided for herein and therein.

  • Further Undertakings The Executive hereby undertakes to the Company that he will not at any time:

  • Prior Understanding This Agreement and the other Loan Documents supersede all prior understandings and agreements, whether written or oral, between the parties hereto and thereto relating to the transactions provided for herein and therein, including any prior confidentiality agreements and commitments.

  • Other Undertakings 1. The Recipient shall:

  • Certain Understandings Each of the parties is a sophisticated legal entity or person that was advised by experienced counsel and, to the extent it deemed necessary, other advisors in connection with this Agreement. Accordingly, each of the parties hereby acknowledges that (i) no party has relied or will rely in respect of this Agreement or the transactions contemplated hereby upon any document or written or oral information previously furnished to or discovered by it or its representatives, other than this Agreement (including the Company Disclosure Schedule), (ii) there are no representations or warranties by or on behalf of any party hereto or any of its respective affiliates or representatives other than those expressly set forth in this Agreement, and (iii) the parties’ respective rights and obligations with respect to this Agreement and the events giving rise thereto will be solely as set forth in this Agreement.

  • Complete Understanding The terms and conditions set forth in this Agreement represent the full and complete understanding between the parties. The terms and conditions may be modified only through the written mutual consent of the parties.

  • Additional Understandings You agree, for yourself and others acting on your behalf, that you (and they) have not disparaged and will not disparage, make negative statements about, or act in any manner which is intended to or does damage to the good will of, or the business or personal reputations of the Company or any of its incumbent officers, directors, agents, consultants, employees, successors and assigns or any of the Covered Parties. The Company agrees that, except as necessary to comply with applicable law or the rules of the New York Stock Exchange or any other stock exchange on which the Company’s stock may be traded (and any public statements made in good faith by the Company in connection therewith), it and its corporate officers and directors, employees in its public relations department or third party public relations representatives retained by the Company will not disparage you or make negative statements in the press or other media which are damaging to your business or personal reputation. In the event that the Company so disparages you or makes such negative statements, then notwithstanding the “Additional Understandings” provision to the contrary, you may make a proportional response thereto. In addition, you agree that the Company is the owner of all rights, title and interest in and to all documents, tapes, videos, designs, plans, formulas, models, processes, computer programs, inventions (whether patentable or not), schematics, music, lyrics and other technical, business, financial, advertising, sales, marketing, customer or product development plans, forecasts, strategies, information and materials (in any medium whatsoever) developed or prepared by you or with your cooperation in connection with your employment by the Company (the “Materials”). For purposes of clarity, Materials shall not include any music or lyrics written (in the past or in the future) by you, and shall not include any documents, tapes or videos that relate to such music or lyrics or the performance of such music or lyrics other than music or lyrics written in connection with your employment. The Company will have the sole and exclusive authority to use the Materials in any manner that it deems appropriate, in perpetuity, without additional payment to you. If requested by the Company, you agree to deliver to the Company upon the termination of your employment, or at any earlier time the Company may request, all memoranda, notes, plans, files, records, reports, and software and other documents and data (and copies thereof regardless of the form thereof (including electronic copies)) containing, reflecting or derived from Confidential Information or the Materials of the Company or any of its affiliates which you may then possess or have under your control. If so requested, you shall provide to the Company a signed statement confirming that you have fully complied with this Paragraph. Notwithstanding the foregoing, you shall be entitled to retain your contacts, calendars and personal diaries and any materials needed for your tax return preparation or related to your compensation.

  • Additional Agreements and Understandings Even though FICO will provide consideration for me to settle and release My Claims, the Company does not admit that it is responsible or legally obligated to me. In fact, the Company denies that it is responsible or legally obligated to me for My Claims, denies that it engaged in any unlawful or improper conduct toward me, and denies that it treated me unfairly.

  • Full Understanding Executive acknowledges that Executive has been afforded the opportunity to seek legal counsel, that Executive has carefully read and fully understands all of the provisions of this Agreement and that Executive, in consideration for the compensation set forth herein, is voluntarily entering into this Agreement.

  • Representations and Understandings The undersigned hereby makes the following representations, warranties and agreements and confirms the following understandings:

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