Should Xx. Xxxxx, Ms. Black and/or Xx. Xxxxxxxxx choose to remain as part-time employees, at their current hours, their vacated Security Monitor positions at the time of separation of either employee from the District (or transfer of either to a position other than Security Monitor), shall thereafter become full-time positions at the discretion of the Board, if or when determined to be filled by the Board.
Should Xx. Xxxx die during the term of this Service Agreement, his widow and his unmarried legitimate children, if and as long as they have not reached the age of 21 or if and as long as they are in education and have not reached the age of 27, have a right as joint and several creditors to an unreduced granting of monthly installments of the annual compensation according to Section II. 1. of this Agreement for the three months following the month in which the death occurred, however, at the latest until the planned end of the Service Agreement; and in addition a pro rata amount of the annual bonus
Should Xx. Xxxxxx Xxxxxxx vacate his research position at The Ohio State University or abandons his research work while at The Ohio State University, donor is not obligated to fulfill said commitment. DONOR(S): /s/ Xxxxxx X. Xxxxxxxxxxxx Xxxxxx X. Xxxxxxxxxxxx 4/18/2008 Signature Print Name Date ____________________________ _____________________ _________________ Signature Print Name Date THE OHIO STATE UNIVERSITY MEDICAL CENTER: /s/ Xxxxx Xxxxx Xxxxx Xxxxx 5/21/08 Signature Print Name Date THE OHIO STATE UNIVERSITY FOUNDATION: /s/ Xxxxx X. Xxxxxx Xxxxx X. Xxxxxx 5/30/08 Signature Print Name Date Fund number: ___________ Prepared by: ____________
Should Xx. Xxxxx acquire any Intellectual Property Rights (as hereinafter defined) arising out of the performance of his duties as Director of the Company, Xx. Xxxxx shall assign such rights to the Company, by way of an assignment contracts or a license granted to the Company. The compensation shall be provided by the Company to Xx. Xxxxx for the assignment of any Intellectual Property Right by way of deducting it from the Annual Remuneration for the year in which the Parties executed the respective License.
Should Xx. XxXxxxx'x status change from full-time to a part-time basis, this Agreement expressly authorizes and permits Xx. XxXxxxx to continue his relationship with Xxxxxxx Capital.
Should Xx. Xxxx die while the contract is in force, his widow or--if she is no longer living--his children shall be entitled to the fixed salary, per (S) 3, paragraph 1 a), for the duration of three months after the month of his death as well as to a prorated, profit-based bonus, per (S) 3, paragraph 1b).
Should Xx. Xxxx no longer be married at the time of his death, or should his widow die later, each child shall receive 30% of the payments arranged for in (S) 8 and (S) 9; however, together the children may receive no more than 60% of the pension entitlement described in (S) 8. The orphan's pension entitlement for each child ceases at age 21. If a child is still a student at this time, the orphan's pension entitlement will be extended to the end of his/her studies, but not beyond the 25th birthday. The entitlement to the orphan's pension ceases likewise when the child marries. Should the spouse be unable to earn a shared living wage, then [the entitlement shall be extended] up to but not beyond the 25th birthday.
Should Xx. Xxxxxxxx be unfit for work as a result of the actions of third parties, Xx. Xxxxxxxx shall transfer to the Company the amount of any claim for damages and / or compensation made on the person(s) liable corresponding to the remuneration and other benefits paid or being paid by the Company.
Should Xx. Xxxxxxxx die during the period of validity of this Contract of Employment his surviving dependents (widow and dependent children) have a claim as a single creditor to the continued payment of the basic salary as detailed in Section 3.1. of this Contract of Employment for the month in which death occurred and the three following months. The surviving dependents are entitled to the proportion of the bonus due up to and including the month in which death occurs. The bonus for the preceding period of the business year will be as detailed in Section 3.5.
Should Xx. Xxx, or anyone acting in her behalf or in concert with her, bring any demand, claim, suit, charge or process (each an “action”) against Company, Operating Partnership or any one of the Xxxxxx Released Parties, in any forum or venue, whether the action is brought in Xx. Xxx’x individual capacity, or in a representative capacity on behalf of Xx. Xxx or others, or as agents of disclosed or undisclosed principals, with respect to a claim released in Section 1 such action shall be in breach of this Release. Without limitation, in the event of a breach referenced in this Section 4.2, Xxxxxx shall be entitled to recover its reasonable attorneys’ fees, costs and expenses (including expert witness fees and costs) as a measure of its damages.
