Business Transaction Sample Clauses

A Business Transaction clause defines the terms and conditions under which commercial exchanges or dealings between parties will occur. It typically outlines the scope of the transaction, the obligations of each party, payment terms, delivery schedules, and any relevant procedures for performance or dispute resolution. By clearly specifying these elements, the clause ensures that both parties understand their responsibilities and helps prevent misunderstandings or disputes related to the business arrangement.
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Business Transaction. If Executive’s employment hereunder is terminated (other than on account of Cause as defined in Section 3.3 hereof) in connection with a Business Transaction, then notwithstanding any provision of this Agreement to the contrary, the Company shall pay or provide to Executive benefits as described in Section 4.2.
Business Transaction. If Executive's employment hereunder is terminated (other than on account of Cause as defined in Section 3.3 hereof) in connection with a Business Transaction, then notwithstanding any provision of this Agreement to the contrary, the Company shall pay or provide to Executive (a) the amount described in Section 3.1a hereof, payable not later than three days after his termination of employment, (b) the amounts determined under Sections 3.1b and 3.1d hereof, payable in not more than two equal installments, one-half not later than 30 days after termination and the other one-half six months after such termination, and (c) the benefits described in Sections 3.1e and 3.1f and 4.2e and 4.2f hereof.
Business Transaction. The Borrower acknowledges that this is a business transaction and that the proceeds of the loan are being utilized for business purposes and that this is not a consumer transaction.
Business Transaction. For purposes of this Agreement, the “Business Transaction” shall be defined as assisting Client in finding clients on the terms and conditions acceptable to Client. The Client reserves all rights, in its sole and absolute discretion, and without any obligation to pay a Finder’s Fee or any other sum to Finder, to withdraw from negotiations concerning any proposed Business Transaction, and/or accept or reject any finding by the Finder, or all or part of any proposed Business Transaction, at any time, with or without cause. As used herein, “consummation” of the Business Transaction shall not be deemed to have occurred unless and until, among other things: [Describe Conditions to be Paid the Finder’s Fee] 3. Term and Retention Period. The non-exclusive right granted by this Agreement shall commence on November 30, 2020 (“Effective Date”) and the “Retention Period” shall continue for [Insert the Term of the Agreement] at which point either party may indicate to the other, in writing, its prospective intention to terminate this Agreement. Finder shall be entitled to its Finder’s Fee during the Retention Period, or, in the event a Business Transaction is consummated after the termination of the Retention Period, and under the terms of this Agreement, within 30 days of the consummation of the Business Transaction. 4.
Business Transaction. The Company shall purchase Products from the Supplier and sell to customers in the name and account of the Company.
Business Transaction. Duly authorized representatives of the Association and their respective affiliates shall be permitted to transact official Association business on school property during the regular school day, with the approval of the Principal, provided such business shall not interfere with or interrupt school operations or performance responsibilities. The Principal will ascertain the availability of staff members and assign an available room upon request where the conference may be held.
Business Transaction. If you accept the award and your Termination of Employment that constitutes a Separation from Service occurs after the Grant Date as a result of (i) the outsourcing of a function; (ii) the sale of all or substantially all of the assets of a Participating Company to another employer outside of the Company’s controlled group (whether or not you are offered or accept employment with the other employer); (iii) your transfer of employment to a company or other entity in which the Company owns, directly or indirectly, less than a 50% interest; or (iv) any other sale of assets determined by the granting Committee to be considered a divestiture for purposes of this award under the Plan, the granting Committee may, in its sole discretion, determine that all or a portion of the unvested RSUs shall not be canceled and instead accelerate the vesting of all or a portion of the RSUs to the first day of the seventh month after the date of such Termination of Employment or, if earlier, the date of your death or the fourth anniversary of the Grant Date or may deem the outsourcing vendor, buyer, or other post-transaction employer to remain a Participating Company until your Termination of Employment or other settlement of the award in accordance with its terms. If you are employed by a Participating Company that ceases to be a Subsidiary due to the sale or transfer of all or a portion of the equity interests of the Participating Company then the granting Committee may, in its sole discretion, determine that all or a portion of the unvested RSUs shall not be canceled and instead accelerate vesting and settlement of unvested RSUs in accordance with the requirements of Code section 409A or deem the divested entity (or its successor) to remain a Participating Company until your Termination of Employment or other settlement of the award in accordance with its terms. If you transfer employment to a Subsidiary that is not a Participating Company or otherwise have a Termination of Employment that does not constitute a Separation from Service in connection with a divestiture or other business transaction, the granting Committee may, in its sole discretion, deem the successor employer to remain a Participating Company until your Termination of Employment or other settlement of the award in accordance with its terms. Any determination by the granting Committee in accordance with the foregoing must be documented in writing and need not apply on the same basis to all award recipients un...
Business Transaction. In the event of any consolidation or merger of the Company with or into another entity ("Entity"), or the sale of all or substantially all of the assets of the Company to another Entity (a Transaction"), you are unable to reach a reasonable agreement of employment with the Entity, you shall be entitled to receive severance pay of your Base Salary for a period of six months from the date of termination, payable in equal monthly installments, provided, however, you agree to make reasonable efforts to assist the Entity in its transition in connection with the Transaction for a reasonable period of time. If you are in agreement with the foregoing, please sign and return to the Company one copy of this letter agreement, which will constitute our agreement with respect to the subject matter of this letter. Integrated Surgical Systems, Inc. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ---------------------------------------- ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, Chief Executive Officer and President Accepted and Agreed this 14th day of February, 2003.
Business Transaction. For purposes of this Agreement, the “Business Transaction” shall be define as assisting Client in finding client on the terms and conditions accepted to Client reserves all rights, in its sole and absolute discretion, and without any obligation to pay a Finder’s Fee or any other sum to Finder, to withdraw from negotiations concerning any proposed Business Transaction, and/or accept or reject any finding by the Finder, or all or part of any proposed Business Transaction, at any time, with or without cause. As used herein, “consummation” of the Business Transaction shall not be deemed to have occurred unless and until, among other things.
Business Transaction. If Sign It Now LLC is involved in a merger, acquisition or asset sale, your Personal Data may be transferred. We will provide notice before your Personal Data is transferred and becomes subject to a different Privacy Policy. Under certain circumstances, Sign It Now LLC may be required to disclose your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).