Designated Executives Clause Samples

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Designated Executives. (i) Each Party shall designate one or more of its senior executives to serve as a high level point of contact to facilitate the efficient operation of the Program (each a "Designated Executive"). The initial Designated Executives are set forth in Schedule 3.1(a)(i) (Initial Designated Executives). (ii) The Designated Executives shall communicate as needed to discuss the Program and address any issues that may arise in connection therewith.
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Designated Executives. The aggregate $500,000 payment contemplated by Section 2.12(d)(y) shall be allocated as follows: (a) ROI shall allocate an aggregate of $250,000 among employees of the Business prior to the Closing ("Designated Executives") designated by it in its sole discretion. ROI shall notify Buyer of the amount allocated to each such Designated Executive at least two Business Days prior to the payment date. (b) Buyer shall allocate an aggregate of $250,000 among Designated Executives which remain employed by the Business following the Closing, designated by it in its sole discretion. (c) No Designated Employee shall be a third party beneficiary of the covenants set forth in this Article II. (d) All amounts paid pursuant to Section 2.12(d)(y) and this Section 2.13 shall be paid subject to withholding of applicable state, federal and local income and employment Taxes. (e) ROI and Buyer shall work in good faith to avoid any loss of deduction under Section 280G of the Code and the imposition of any excise tax under Section 4999 of the Code as a result of the allocations among the Designated Executives contemplated by this Section 2.13.
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Designated Executives. 17 Section 2.14 Incentive Program........................................18 Section 2.15 ▇▇▇▇ Reports.............................................18 ARTICLE III REPRESENTATIONS AND WARRANTIES OF ROI and SELLER
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Designated Executives. The agency shall provide total compensation to its designated executives in accordance with the legislation, directives, policies and guidelines applicable to them.
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Designated Executives. The term "Designated Executives" shall mean any and all of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ and ▇▇ ▇▇▇▇▇▇.
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Designated Executives. Each Party shall appoint a senior executive at the level of head of business line or above who shall have primary responsibility for the overall relationship established pursuant to this Agreement. The senior executives shall meet on a quarterly basis to discuss issues affecting the Products and Services and other work under this Agreement, such as design, development, testing and production of Products, development and implementation of new technologies and products, proposed regulatory and/or industry changes, marketing efforts and such other issues as the Parties may desire. In addition, at such meetings, the executives shall discuss their plans and objectives with respect to enhancing the Products and the development of new Product-related and TerreStar Network-related solutions. As part of such discussions (i) TerreStar shall share with Nokia Siemens its plans for potential future service offerings, potential market demand and anticipated product needs and (ii) Nokia Siemens shall share with TerreStar its plans regarding Product enhancements and evaluations as well as new Products under development. All such information shared between the Parties shall be deemed to be Confidential Information of the applicable disclosing Party.
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Designated Executives 
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Related to Designated Executives

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • The Executive This Agreement is personal to the Executive and, without the prior express written consent of the Company, shall not be assignable by the Executive, except that the Executive’s rights to receive any compensation or benefits under this Agreement may be transferred or disposed of pursuant to testamentary disposition, intestate succession or pursuant to a domestic relations order. This Agreement shall inure to the benefit of and be enforceable by the Executive’s heirs, beneficiaries and/or legal representatives.

  • Overtime-Eligible Employees Employees who are covered by the overtime provisions of state and federal law.

  • Period of Employment The “Period of Employment” shall be a period of three (3) years commencing on the Effective Date and ending at the close of business on the third anniversary of the Effective Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives written notice at least sixty (60) days prior to the expiration of the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Period of Employment (such notice to be delivered in accordance with Section 18). The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Good Reason” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

  • Executive Executive’s rights and obligations under this Agreement shall not be transferable by Executive by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Executive shall die, all amounts then payable to Executive hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee, or other designee, or if there be no such designee, to Executive’s estate.