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Assignment of, agreement - download
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Ingebritsen Title: President and Chief Executive officer pacific office properties,. By: pacific office properties trust, inc., its general partner By: /s/ Matthew. Root Name: Matthew. Root Title: Chief Investment Officer /s/ James. Tib financial Corporation bill of Sale and Assignment and Assumption Agreement (March 14th, 2006). For value received, the receipt, sufficiency and adequacy of which hereby are acknowledged, tib bank, a bank chartered under the laws of the State of Florida (the "Bank hereby does sell, transfer, assign, bargain, convey, deliver, abandon, and set over unto nova information systems, inc. And nova (the "Merchant Asset Purchase Agreement which is incorporated herein by this reference).
Assumption, agreement - sample contracts and, business
The second sentence of Section 9 shall be deleted in its entirety. The fourth sentence of Section 16 shall deleted in its entirety and replaced with the following: neither the Executive nor the company nor the arbitrator shall disclose the existence, content, or results of any arbitration hereunder without the prior written consent of all parties, except. The following sentence shall be added at the end of Section 16: Nothing in this Agreement shall be construed as precluding Executive from filing a claim for workers compensation or unemployment compensation benefits. In Section 22, the phrase pop entities shall be replaced with the phrase popt and/or any of its subsidiaries or affiliates. In the event that the Internal Management Date does not occur on or prior to february 28, 2011, then this Agreement shall automatically terminate on February 28, 2011 and shall thereafter be of no further force or effect.
All questions concerning the construction, validity and interpretation of this Agreement and the performance of the obligations imposed by this Agreement shall be governed by the internal laws of the State of Illinois applicable to agreements made and wholly to be performed terbaik in such state. remainder of this Page Intentionally left Blank 4 in witness whereof, the parties hereto have entered into this Assignment and Assumption Agreement on the date first written above. Pacific office properties trust, inc. By: /s/ James. Ingebritsen Name: James.
Any provisions of the Employment Agreement necessary or convenient to interpret or enforce this Agreement, including without limitation the provisions relating to mandatory arbitration are hereby incorporated as if originally a part hereof. Specific Amendments to Employment Agreement. The Employment Agreement is hereby amended in the following particulars:. All references to Change of Control shall be to Change in Control. Section 1(h) shall be deleted in its entirety and replaced with the following: (h) The term Pro rata bonus means a payment equal to the most recently paid Annual Performance cash Bonus pro rated on a per diem basis (the number of days employed during the.
The last paragraph of Section 7(a) shall be deleted in its entirety and replaced with the following: Except as may be provided by section 21(b), if applicable, the severance payment and Pro rata bonus provided herein, shall be paid in a single lump sum on the sixtieth. If the release has not become irrevocable on or before such sixtieth (60th) day, the Executive shall forfeit any right to the severance payment and the benefits set forth in subparagraphs (ii) and (iii) above. If the Executive should die after amounts become payable under this Section 7(a), such amounts shall thereafter be paid to the Executives estate. Section 7(c) shall be deleted in its entirety and replaced with the following: (c) Voluntary termination. The Executive may terminate his employment voluntarily at any time by a notice pursuant to section 9 of this Agreement. In the event that the Executive voluntarily terminates his employment other than pursuant to a resignation for good reason or Change in Control event ( Voluntary termination the company shall only be obligated to the Executive for the amount of any unpaid Accrued Compensation, awarded.
Assumption, agreement, form for Tenant and, rental
Effective as set forth in Section 3, popt hereby conveys, assigns, transfers and sets over to paper the Operating Partnership, all of popts rights and obligations under the Employment Agreement. Effective as set forth in Section 3, the Operating Partnership hereby assumes, and agrees to perform and to indemnify, defend and hold harmless popt from and against, all of popts obligations under the Employment Agreement. The assignment and assumption described above shall, in each case, become effective as of the Internal Management Date (such time of effectiveness, the effective time ). Following the Effective time, the Executive shall be employed as the Chief Financial Officer of the Operating Partnership, reporting to the Operating Partnerships Chief Executive officer, and is appointed as Chief Financial Officer of popt, reporting to popts Chief Executive officer and the board. Each of the Executive and the Operating Partnership hereby acknowledges and agrees that, from and after the Effective time, except as the context otherwise requires, (i) the term Company, as used in the Employment Agreement, shall mean the Operating Partnership, and all references in the Employment. This Agreement and the Employment Agreement contain the entire agreement of the parties hereto with respect to the subject matter hereof. This Agreement shall not be amended or modified in any respect unless agreed to in writing by each of the parties hereto. Incorporation of Employment Agreement Provisions.
of the independent directors of popt have previously determined that, upon the consummation of the Offering, it shall become an internally-advised real estate investment trust and directly hire employees to manage the day-to-day operations of popt and the Operating Partnership. On the date hereof, popt, the Operating Partnership and pomi have entered into that certain Amended and Restated Advisory Agreement Termination Agreement, which provides for the termination upon the consummation of the Offering of the Amended and Restated Advisory Agreement, dated as of March 3, 2009. The date of the consummation of the Offering shall accordingly constitute the Internal Management Date (as such term is defined in the Employment Agreement). In accordance with the terms of the Employment Agreement, on the Internal Management Date, the term Company, as used in the Employment Agreement, shall mean popt, and all references in the Employment Agreement to the company shall be references to popt. Pursuant to section 11(a) of the Employment Agreement, the company (as such term is defined in the Employment Agreement) may assign any of its rights and obligations under the Employment Agreement to an Affiliate of the company. In connection with such internalization, popt desires to assign to the Operating Partnership, and the Operating Partnership desires to assume from popt, in each case as of the Internal Management Date, all of popts rights and obligations under the Employment Agreement. Agreements, now, therefore, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby agreed and acknowledged, the parties hereto agree as follows:.
In real estate, an assignment agreement will be used by a lessee to assign the remaining term of a lease to a subtenant. Assignment agreements are also frequently found assignment in employment agreements when companies require employees to assign all inventions conceived and developed in the course of their employment to the employer. Exhibit.49, amendment, assignment and assumption agreement, this amendment, assignment and assumption agreement (this. Agreement dated as of January 3, 2011, by and among. Pacific Office Properties Trust, Inc., a maryland corporation popt pacific Office Properties,. P., a delaware limited partnership (the. Operating Partnership and, together with popt, the, company and, james. Pacific Office management, Inc., a delaware corporation (. Pomi popt and the Executive previously entered into that certain Employment Agreement dated as of April, 2010 (the.
Exhibit(s) 1 (Asset Purchase, agreement ) Trademark
Interpretation, translation assignment and assumption agreement, usa assignment and assumption agreement, Also called an assignment and assumption. An agreement in which one party transfers its contractual rights and obligations to another party. For forms of assignment and assumption agreements for bank loans, see standard Document, Assignment and Assumption: Single Assignment of loans (m/ ) and Standard Document, Assignment and Assumption: Multiple Assignments of loans (m/ ). For more revelation information on assignments and participations of bank loans, see practice note, assignments and Participations of loans (m/ ) and Standard Clauses, loan Agreement: Assignment and Participation Clauses (m/ ). For a form of an assignment and assumption agreement used in connection with an asset purchase, see standard Document, Assignment and Assumption Agreement (m/ ). Glossary of uk, us and international legal terms. An assignment agreement transfers and assigns one party's property rights to another.