Interpretation Contract Clauses (8,445)
Grouped Into 95 Collections of Similar Clauses From Business Contracts
This page contains Interpretation clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Interpretation. You acknowledge that the Compensation Committee has the authority to construe and interpret the terms of the Plan and this Agreement if and when any questions of meaning arise under the Plan or this Agreement, and any such construction or interpretation shall be binding on you, your heirs, executors, administrators, personal representatives and any other persons having or claiming to have an interest in the Units or Shares. 10. Withholding (a)If you become vested in any Units that are awarded
... under a restricted stock unit award granted to you pursuant to the Plan, then CBI shall distribute to you (or, in the event of your death before the payment, the executor, administrator, or other personal representative of your estate) a number of Shares equal to the number of such Units in which you are vested (but subject to the tax withholding requirements included in the Plan). (b) Any taxes required to be withheld upon you (or the executor, administrator, or other personal representative of your estate) becoming entitled to the distribution of any Shares in connection with Units awarded to you under this Agreement must be paid in full at the time of such distribution. The procedures for meeting such requirements shall be established under the provisions of section 15 of the Plan.
View More
Interpretation. You acknowledge that the Compensation Committee has the authority to construe and interpret the terms of the Plan and this Agreement if and when any questions of meaning arise under the Plan or this Agreement, and any such construction or interpretation shall be binding on you, your heirs, executors, administrators, personal representatives and any other persons having or claiming to have an interest in the Units or Shares.
10. Withholding (a)If you become vested in any Units that are awarded... under a restricted stock unit award granted to you pursuant to the Plan, then CBI shall distribute to you (or, in the event of your death before the payment, the executor, administrator, or other personal representative of your estate) a number of Shares equal to the number of such Units in which you are vested (but subject to the tax withholding requirements included in the Plan). (b) Any taxes required to be withheld upon you (or the executor, administrator, or other personal representative of your estate) becoming entitled to the distribution of any Shares in connection with Units awarded to you under this Agreement must be paid in full at the time of such distribution. The procedures for meeting such requirements shall be established under the provisions of section 15 of the Plan.
View More
View Variation
Interpretation. The interpretation and construction of any provision of the Option Plan and this Option shall be made by the Board of Directors or the Committee and shall be final, conclusive and binding on the Optionee and all other persons.
Interpretation. The interpretation and construction of any provision of the
Option Plan and this Option shall be made by the Board of Directors or the Committee and shall be final, conclusive and binding on the
Optionee Recipient and all other persons.
View Variation
Interpretation. Captions and headings of the sections and paragraphs of this Agreement are intended solely for convenience and no provision of this Agreement is to be construed by reference to the caption or heading of any section or paragraph. Moreover, this Agreement shall not be construed against either Party as the author or drafter of the Agreement.
Interpretation.
Captions The captions and headings
of the sections and paragraphs of this Agreement are intended solely for convenience and no provision of this Agreement is to be construed by reference to
the any such caption or
heading of any section or paragraph. heading. Moreover, this Agreement shall not be construed against either Party as the author or drafter of the Agreement.
View Variation
Interpretation. The Committee will have the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Restricted Stock Units have vested). All actions taken and all interpretations and determinations made by the Committee in good faith will be final and binding upon Participant, the
... Company and all other interested persons. Neither the Committee nor any person acting on behalf of the Committee will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 12 27. Modifications to the Award Agreement. This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this Award of Restricted Stock Units.
View More
Interpretation. The
Committee Administrator will have the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the determination of whether or not any
Restricted Stock Performance Units have vested). All actions taken and all interpretations and determinations made by the
Committee Administrator in good faith will be
... final and binding upon Participant, the Company and all other interested persons. Neither the Committee Administrator nor any person acting on behalf of the Committee Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 12 27. Modifications Agreement.21.Captions. Captions provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement.22.Amendment, Suspension or Termination of the Plan. By accepting this Award, Participant expressly warrants that he or she has received an Award of Performance Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time.23.Modifications to the Award Agreement. This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this Award of Restricted Stock Units. Performance Units.24.Governing Law; Venue; Severability. This Award Agreement and the Performance Units are governed by the internal substantive laws, but not the choice of law rules, of California. For purposes of litigating any dispute that arises under these Performance Units or this Award Agreement, the parties hereby submit to and consent to the jurisdiction of the State of California, and agree that such litigation will be conducted in the courts of Los Angeles County, California, or the federal courts for the United States for the Central District of California, and no other courts, where this Award Agreement is made and/or to be performed. In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, this Award Agreement shall continue in full force and effect.25.Recovery. This Award and any shares issued in settlement of this Award are subject to recoupment in accordance with the Company's Incentive Compensation Recoupment Policy, any clawback policy adopted pursuant to the listing standards of any national securities exchange or association on which the Company's securities are listed or is otherwise adopted pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act or other applicable law. No recovery of compensation under such a clawback policy will be an event giving rise to a right to resign for "good reason" or "constructive termination" (or similar term) under any plan or agreement, including but not limited to the Employment Agreement, with the Company.
View More
View Variation
Interpretation. 9.1 Section 16 Compliance. To the extent applicable, the Plan is intended to comply with Rule 16b-3 promulgated under the Exchange Act, and the Committee is required to interpret and administer the provisions of the Plan or any Award Agreement in a manner consistent therewith. Any provisions inconsistent with such Rule will be inoperative and will not affect the validity of the Plan. 9.2 Compliance with Section 409A and Section 457A. All Awards granted under the Plan are intended to be either
... exempt from Section 409A and Section 457A of the Code or, if subject to Section 409A or Section 457A of the Code, administered, operated, and construed in compliance therewith. Notwithstanding this or any other provision of the Plan to the contrary, the Committee may amend the Plan or any Award granted hereunder in any manner or take any other action that it determines, in its sole discretion, is necessary, appropriate, or advisable (including replacing any Award) to cause the Plan or any Award granted hereunder to comply with Section 409A or Section 457A of the Code or to be exempt from Section 409A or Section 457A of the Code. Any such action, once taken, will be deemed effective from the earliest date necessary to avoid a violation of Section 409A or Section 457A of the Code and will be final, binding, and conclusive on all Eligible Individuals and other individuals having or claiming any right or interest under the Plan.
View More
Interpretation.
9.1 Section 16 Compliance. To the extent applicable, the Plan is intended to comply with Rule 16b-3 promulgated under the Exchange Act, and the Committee is required to interpret and administer the provisions of the Plan or any Award Agreement in a manner consistent therewith. Any provisions inconsistent with such Rule will be inoperative and will not affect the validity of the Plan. 9.2 Compliance with Section 409A and Section 457A. All Awards granted under the Plan are intended
either not to
... be either exempt from subject to Section 409A and or Section 457A of the Code or, if subject to Section 409A or Section 457A of the Code, to be administered, operated, operated and construed in compliance therewith. with Section 409A or Section 457A of the Code, as applicable, and all regulations and other guidance issued thereunder. Notwithstanding this or any other provision of the Plan to the contrary, the Committee may amend 12 the Plan or any Award granted hereunder in any manner or take any other action that it determines, in its sole discretion, is necessary, appropriate, appropriate or advisable (including replacing any Award) to cause the Plan or any Award granted hereunder to comply with Section 409A or Section 457A of the Code and all regulations and other guidance issued thereunder or to not be exempt from subject to Section 409A or Section 457A of the Code. Any such action, once taken, will shall be deemed to be effective from the earliest date necessary to avoid a violation of Section 409A or Section 457A of the Code and will shall be final, binding, binding and conclusive on all Eligible Individuals and other individuals having or claiming any right or interest under the Plan.
View More
View Variation
Interpretation. The terms contained in this letter agreement are subject to interpretation under the laws of the State of California, without giving effect to that body of laws pertaining to conflict of laws, and can be amended only in writing and by joint agreement of both you and the Company. If any provision of this letter agreement is determined by any court or arbitrator of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent
... possible given the intent of the parties hereto. If such provision cannot be so enforced, such provision shall be stricken from this letter agreement and the remainder of this letter agreement shall be enforced as if such invalid, illegal or unenforceable provision had (to the extent not enforceable) never been contained in the letter agreement. This letter agreement constitutes the complete and exclusive understanding and agreement of you and the Company and supersedes all prior understanding and agreements, whether written or oral, with respect to the subject matter hereof. This letter agreement may be executed in counterparts, including by facsimile or electronic signature transmission, with the same force and effect as if each of the signatories had executed the same instrument. If the foregoing represents your understanding of your role as an advisor to the Company, please sign below and return the executed letter agreement to me. The enclosed copy is for your files. Once again, we appreciate your interest in Biond Photonics and look forward to a stimulating and mutually beneficial association with you. Very truly yours, Biond Photonics Inc. By: /s/ Jonathan Klamkin Name: Jonathan Klamkin Title: AGREED AND CONSENTED TO: /s/ Steven DenBaars [Signature] Steven DenBaars [Printed Name] 3 EXHIBIT A DEFEND TRADE SECRETS ACT, 18 U.S. CODE § 1833 NOTICE: 18 U.S. Code Section 1833 provides as follows: Immunity From Liability For Confidential Disclosure Of A Trade Secret To The Government Or In A Court Filing. An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A) is made, (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Use of Trade Secret Information in Anti-Retaliation Lawsuit. An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (A) files any document containing the trade secret under seal; and (B) does not disclose the trade secret, except pursuant to court order. EX-10.11 7 ea148824ex10-11_aelumainc.htm ADVISORY AGREEMENT BETWEEN BIOND PHOTONICS, INC. AND MR. DENBAARS, DATED DECEMBER 31, 2020 Exhibit 10.11 BIOND PHOTONICS INC December 31, 2020 Steven B. DenBaars [Address] [Address] Re: Advisory Services to Biond Photonics Inc. Dear Steven: This letter agreement is to confirm our understanding with respect to your role as an advisor to Biond Photonics Inc. (the "Company"). On behalf of the Company, I would like to state that we are delighted by your interest in the Company and your willingness to advise the Company. The Company looks forward to a continued mutually beneficial association with you on the following terms: 1. Informal Management Consultations. From time to time, I and possibly other members of the Company's management may contact you informally to provide advice relating to the Company's business. You agree to be available to the Company's management for consultations by telephone, mail or in person, as your time and other business activities permit. You also agree to use reasonable efforts to attend meetings, if any, of the Company's advisors, which we anticipate will occur infrequently.
View More
Interpretation. The terms contained in this letter agreement are subject to interpretation under the laws of the State of California, without giving effect to that body of laws pertaining to conflict of laws, and can be amended only in writing and by joint agreement of both you and the Company. If any provision of this letter agreement is determined by any court or arbitrator of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such provision will be enforced to the maximum extent
... possible given the intent of the parties hereto. If such provision cannot be so enforced, such provision shall be stricken from this letter agreement and the remainder of this letter agreement shall be enforced as if such invalid, illegal or unenforceable provision had (to the extent not enforceable) never been contained in the letter agreement. This letter agreement constitutes the complete and exclusive understanding and agreement of you and the Company and supersedes all prior understanding and agreements, whether written or oral, with respect to the subject matter hereof. This letter agreement may be executed in counterparts, including by facsimile or electronic signature transmission, counterparts with the same force and effect as if each of the signatories had executed the same instrument. instrument, and counterparts may be delivered via electronic mail (including pdf or any electronic signature complying with the U.S. ESIGN Act of 2000, e.g., www.docusign.com) or other transmission method. If the foregoing represents your understanding of your role as an advisor to the Company, and your commitment to participation in a private placement facilitated by MCP, please sign below and return the executed letter agreement to me. The enclosed copy is for your files. Once again, we appreciate your interest in and support of Biond Photonics and look forward to a stimulating and mutually beneficial association with you. association. Very truly yours, Biond Photonics Inc. By: /s/ Jonathan Klamkin Name: Jonathan Klamkin Title: AGREED AND CONSENTED TO: /s/ Steven DenBaars [Signature] Signature Steven DenBaars [Printed Name] 3 EXHIBIT A Description of Advisory Services The Advisor will provide general technical and strategic guidance for the benefit of the Company. When applicable, the Advisor will assist to identify potential future strategic business partners, employees, and customers. EXHIBIT B NEAR AND MEDIUM TERM GOALS AND OBJECTIVES The Advisor will assist with the ongoing financing and support due diligence inquiries from investors. EXHIBIT C DEFEND TRADE SECRETS ACT, 18 U.S. CODE § 1833 NOTICE: 18 U.S. Code Section 1833 provides as follows: Immunity From Liability For Confidential Disclosure Of A Trade Secret To The Government Or In A Court Filing. An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a trade secret that (A) is made, (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal. Use of Trade Secret Information in Anti-Retaliation Lawsuit. An individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the trade secret to the attorney of the individual and use the trade secret information in the court proceeding, if the individual (A) files any document containing the trade secret under seal; and (B) does not disclose the trade secret, except pursuant to court order. EX-10.11 7 ea148824ex10-11_aelumainc.htm EX-10.12 8 ea148824ex10-12_aelumainc.htm ADVISORY AGREEMENT BETWEEN BIOND PHOTONICS, INC. AND MR. DENBAARS, DATED DECEMBER 31, 2020 JUNE 10, 2021 Exhibit 10.11 10.12 BIOND PHOTONICS INC December 31, 2020 June 10, 2021 Steven B. DenBaars [Address] [Address] Re: Advisory Services to Agreement with Biond Photonics Inc. Dear Steven: This letter agreement is to confirm our understanding with respect to your role as an a business advisor to Biond Photonics Inc. (the "Company"). On behalf of the Company, I would like to state that we are delighted by your interest in the Company and your willingness to advise provide advisory services to the Company. The Company looks We look forward to a continued mutually beneficial association with you on the following terms: 1. Informal Management Consultations. From time to time, I and possibly other members of the Company's management may contact you informally to provide advice relating Advisory Services. As an advisor to the Company's business. You Company, you agree to perform the services listed in Exhibit A (the "Services"). [The Services will, in part, be available performed to achieve the Company's management for consultations by telephone, mail or near and medium-term objectives listed in person, as your time and other business activities permit. You also agree to use reasonable efforts to attend meetings, if any, of the Company's advisors, which we anticipate will occur infrequently. Exhibit B.]
View More
View Variation
Interpretation. This Agreement is intended to comply with Rule 16b-3 of the Exchange Act and the Committee shall interpret and administer the provisions of this Agreement in a manner consistent therewith. Any provision inconsistent with such rule shall be inoperative and shall not affect the validity of this Agreement. CVR Energy, Inc. Incentive Unit Award – Page 5 14. Modification or Termination of Agreement. This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be
... waived, but only by a written instrument executed by the parties hereto; provided, however, that the Company may modify or amend this Agreement without the written consent of the Grantee to the extent that such action (i) does not materially impair the Grantee's rights or (ii) is necessary for compliance with an applicable law, regulation or exchange requirement that impacts this Agreement. No waiver by either party hereto of any breach by the other party hereto of any provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at the time or at any prior or subsequent time.
View More
Interpretation. This Agreement is intended to comply with Rule 16b-3 of the Exchange Act and the Committee shall interpret and administer the provisions of this Agreement in a manner consistent therewith. Any provision inconsistent with such rule shall be inoperative and shall not affect the validity of this Agreement.
CVR Energy, Inc. Incentive Unit Award – Page 5 6 14. Modification or Termination of Agreement. This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may
... be waived, but only by a written instrument executed by the parties hereto; provided, however, that the Company may modify or amend this Agreement without the written consent of the Grantee to the extent that such action (i) does not materially impair the Grantee's rights or (ii) is necessary for compliance with an applicable law, regulation or exchange requirement that impacts this Agreement. No waiver by either party hereto of any breach by the other party hereto of any provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at the time or at any prior or subsequent time.
View More
View Variation
Interpretation. The terms of the Stock Option are as set forth in this Agreement and in the Plan. The Plan is incorporated into this Agreement by reference, which means that this Agreement is limited by and subject to the express terms and provisions of the Plan. In the event of a conflict between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control. 6 11. Facsimile or Electronic Signature. The parties may execute this Agreement by means of a facsimile or electronic
... signature.
View More
Interpretation. The terms of the
Stock Option PBRSUs are as set forth in this Agreement and in the Plan. The Plan is incorporated into this Agreement by reference, which means that this Agreement is limited by and subject to the express terms and provisions of the Plan. In the event of a conflict between the terms of this Agreement and the terms of the Plan, the terms of the Plan shall control. 6
11. 16. Facsimile
or and Electronic Signature. The parties may execute this Agreement by means of a facsimile or
... electronic signature.
View More
View Variation
Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed or resolved against any Party, whether under any rule of construction or otherwise. No Party to this Agreement shall be considered the draftsman. The Parties acknowledge and agree that this Agreement has been reviewed, negotiated, and accepted by each Party and their respective attorneys and shall be construed and interpreted according to the ordinary meaning of the words used so as fairly to accomplish the
... purposes and intentions of the Parties. Wherever used herein, a pronoun in the masculine gender shall be considered as including the feminine gender unless the context clearly indicates otherwise. The captions contained in this Agreement are for reference purposes only and are not part of this Agreement.
View More
Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed or resolved against any
Party, party hereto, whether under any rule of construction or otherwise. No
Party party to this Agreement shall be considered the draftsman. The
Parties parties acknowledge and agree that this Agreement has been reviewed, negotiated, and accepted by
each Party all parties and their
respective attorneys
and and, unless otherwise defined herein, the words used shall be construed and
... interpreted according to the their ordinary meaning of the words used so as fairly to accomplish the purposes and intentions of the Parties. Wherever used herein, a pronoun in the masculine gender shall be considered as including the feminine gender unless the context clearly indicates otherwise. The captions contained in all parties hereto. Section headings of this Agreement are for reference purposes only and are not part to be given no effect in the construction or interpretation of this Agreement. Whenever the context may require, any pronoun used herein shall include the corresponding masculine, feminine or neuter forms.
View More
View Variation
Interpretation. If this Guarantee is signed by more than one Person as "Guarantor", then the term "Guarantor" as used in this Guarantee shall refer to all such Persons jointly and severally, and all promises, agreements, covenants, waivers, consents, representations, warranties and other provisions in this Guarantee are made by and shall be binding upon each and every such undersigned Person, jointly and severally and Agent may pursue any Guarantor hereunder without being required (i) to pursue any other
... Guarantor hereunder or (ii) pursue rights and remedies under the Purchase Agreement or any other Transaction Documents.
View More
Interpretation. If this
Guarantee Guaranty is signed by more than one Person as "Guarantor", then the term "Guarantor" as used in this
Guarantee Guaranty shall refer to all such Persons jointly and severally, and all promises, agreements, covenants, waivers, consents, representations, warranties and other provisions in this
Guarantee Guaranty are made by and shall be binding upon each and every such undersigned Person, jointly and severally and
Agent Lender may pursue any Guarantor hereunder without being
... required (i) to pursue any other Guarantor hereunder or (ii) pursue rights and remedies under any Security Instrument and/or applicable Legal Requirements with respect to the Purchase Agreement Property or any other Transaction Loan Documents.
View More
View Variation