Managers and Employees Sample Clauses

Managers and Employees. (a) The day-to-day operational management of the Company may be exercised by such managers of the Company, who may also be titled “officers,” as may be appointed from time to time in accordance with this Section 4.3 (the “Managers”). The Board of Governors may appoint such Managers as it may determine from time to time. The Managers, subject to the direction and control of the Board of Governors, shall do all things and take all actions necessary to run the business of the Company. Notwithstanding anything to the contrary in the LLC Law, each Manager shall have the powers and duties as may be prescribed to him or her by the Board of Governors and, to the extent not so prescribed, as generally pertain to their respective offices. Each Manager shall hold office at the pleasure of the Board of Governors. Each Manager shall serve until the earlier of his or her death, resignation or removal, and any Manager may be removed at any time, with or without cause, by the Board of Governors. Any vacancy in any office shall also be filled by the Board of Governors. Any Manager may resign at any time by delivering his or her written resignation to the Board of Governors. For purposes of Section 10-32-88 of the LLC Law, as of the date of this Agreement, (i) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, ▇▇. shall exercise the functions of the office of “president” or “chief executive officer” or “chief manager” of the Company, (ii) ▇▇▇▇▇▇ ▇▇▇▇▇▇ shall exercise the functions of the office of “treasurer” of the Company, and (iii) ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ shall exercise the functions of the office of “secretary” of the Company. (b) The Company may employ such employees as the Managers or Governors of the Company deem reasonably necessary to effectuate the purpose of the Company as set forth in Section 1.3.

Managers and Employees. 7.6.1 Manager shall employ, train and supervise an adequate staff of personnel to provide efficient, prompt and courteous service to all users of the Parking Garage utilizing the services provided by the Manager. Manager shall appoint a qualified and experienced manager (or managers) to manage and supervise the day to day parking operation and be available on the Premises during all hours of operations. The manager(s) shall be vested with full power and authority to act for the Manager in matters relating to the parking operation. The manager(s) shall also be responsible for the appearance, conduct and demeanor of Manager’s employees, agents and guests who are admitting into the Parking Management office. Appointment of manager(s) 7.6.2 The Director may eject from the Premises any manager or employee of Manager who uses improper language or acts in any discourteous, loud, boisterous, inappropriate or offensive manner. The Director shall have the right to require Manager to provide an acceptable replacement within a reasonable time after such ejection. If the Manager is unable or unwilling to provide a replacement acceptable to the Director, this Agreement shall be deemed to have been breached and Anaheim shall have the right to terminate the Agreement.

Managers and Employees. (1) Party B and Party C guarantee that PayNow Inc. will sign written employment contracts with all employees before the Closing. (2) PayNow Inc. has legally provided labor insurance and health insurance for all employees. (3) For the termination of any employment relationships, aside from legally mandated severance payments (if applicable), PayNow Inc. is not liable for any compensation or indemnity for past directors, managers, or employees. (4) Except for bonuses or rewards in accordance with past business practices, PayNow Inc. has no outstanding contracts or agreements regarding the payment of dividends, bonuses, incentive compensation, or other similar matters to its directors or employees that have not yet been fulfilled, nor are there any other significant compensations due to employees that have not been disclosed. (5) Except for payments due during normal business operations, taxes, or other fees, PayNow Inc. has no other outstanding debts owed to its former or current employees, pension liabilities, or amounts, taxes, or fees owed to regulatory authorities arising from the employment of employees that have not yet been paid. (6) Unless otherwise specified in this Agreement, the share transaction will not grant any employee the right to any compensation or other rights related to their employment contract.

Managers and Employees. Schedule 5.17 sets forth: (i) the name, title and total Compensation of each officer of each Acquired Company; and (ii) the name, title and total Compensation of each other current employee, consultant, agent or other representative of the Acquired Companies whose total salary and bonuses for the calendar year 2004 exceeded or whose current or committed annual salary and bonuses (including commissions) equals or exceeds $100,000.

Managers and Employees. Schedule 4.25 contains a list of all officers, managers, employees and consultants of the Business who, individually, have received or are scheduled to receive compensation from Seller for the fiscal year ending July 2, 1999 or July 2, 2000, in excess of One Hundred Thousand Dollars ($100,000). In each case such Schedule includes the current job title and aggregate annual compensation of each such individual.

Managers and Employees. No manager or employee of SACC or the Subsidiary has any employment or profit sharing agreement with SACC or the Subsidiary that is not terminable at will without cost to SACC or has any interest in any material contract with SACC or the Subsidiary. Neither SACC nor the Subsidiary is the guarantor of the obligation of any manager, employee or other person. Schedule 3.13 is a true and complete list of all of the employees of SACC and the Subsidiary (listed separately) and their respective annual rates of compensation.

Managers and Employees