Example ContractsClausesIndustry Standard Bottle Agreement Acknowledgement
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Industry Standard Bottle Agreement Acknowledgement. Buyer and ABI hereby acknowledge and agree that the terms of the SMBA as amended and restated effective as of satisfy the terms that ABI and Buyer agreed to implement in such amendment pursuant to [Section 5.17] of the Purchase Agreement.

Acknowledgement and Agreement. The Grantee hereby acknowledges receipt of this Award and agrees to the terms herein. Without in any way limiting the authority of the Committee with respect to this Award, including [Section 4] hereof, the Grantee agrees that:

Industry Classification Groups. For purposes of this Agreement, the Borrower shall in its reasonable determination assign each Portfolio Investment to an Industry Classification Group. To the extent that any Portfolio Investment is not correlated with the risks of other Portfolio Investments in an Industry Classification Group established by S&P or MSCI, such Portfolio Investment may be assigned by the Borrower to the Industry Classification Group that is most closely correlated to such Portfolio Investment. In the absence of any correlation, the Borrower shall be permitted, upon notice to the Administrative Agent and each Lender to create up to three additional industry classification groups for purposes of this Agreement.

Industry Groups Costs. Commencing on the date hereof and continuing each year thereafter, Saul Company and shall respectively determine the monthly costs (“Industry Employee Cost”) of each employee in the Industry Groups (individually, an “Industry Employee” and collectively, the “Industry Employees”). The Industry Employee Cost will be calculated by adding the following and dividing it by twelve (12) months:

Industry Classification Groups. For purposes of this Agreement, the Borrower, in its reasonable determination, shall assign each Portfolio Investment included in the Borrowing Base to an Industry Classification Group. To the extent that the Borrower reasonably determines that any Portfolio Investment included in the Borrowing Base is not adequately correlated with the risks of other Portfolio Investments in an Industry Classification Group, such Portfolio Investment may be assigned by the Borrower to an Industry Classification Group that is more closely correlated to such Portfolio Investment. In the absence of adequate correlation, the Borrower shall be permitted, upon notice to the Administrative Agent for distribution to each Lender, to create up to three (3) additional industry classification groups for purposes of this Agreement.

Unit” means, a ​ bottle or such alternative bottle size as set forth in the applicable Product Specifications.

Performance Standard. Consultant represents and warrants that Services will be performed in a thorough and professional manner, consistent with high professional and industry standards by individuals with the requisite training, background, experience, technical knowledge and skills to perform Services.

At any time the Transfer Price for bottle sizes, other than the ​ ounce and ​ ounce bottles, shall be determined as follows: the sum of # the product of # the price of the ​ bottle multiplied by # a fraction, the numerator of which is 16 minus the number of ounces in the new bottle size and the denominator of which is 15 (the “​ Bottle Percentage”), plus # the product of # the price of the ​ bottle, multiplied by # 1 minus the ​ Bottle Percentage. For example, to determine the price of a ​ bottle, the ​ size price would be multiplied by 73.333% and the ​ size price would be multiplied by 26.667%. Accordingly, the resulting Transfer Price for the ​ size would be (73.333%) (​) + (26.667%) (​) or ​, which price would be increased as provided in [Section 6.3(a)(ii)], at the same time as Transfer Price of the ​ and ​ bottles are increased.

Acknowledgement. The Company acknowledges that the changes to the Executive’s compensation herein, reflect a significant waiver of potential compensation by the Executive being made as an accommodation to the Company. Accordingly, and without any assurances, the Company will consider these accommodations in any future negotiation or grant of equity compensation to the Executive and agrees that discussion on a new contract will occur in .

Acknowledgement. Except as explicitly set forth in this Agreement, Employee acknowledges and agrees that Employee is not entitled to receive any severance compensation or post-termination benefits from the Company Group. Employee hereby acknowledges that without this Agreement, Employee is not otherwise entitled to the consideration listed in this [Section 1] or any other severance or separation benefits from the Company Group.

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