MEMORANDUM OF AGREEMENT This Memorandum of Agreement (herein referred to as “Agreement”) is made and entered into the City of Cabanatuan‚ Philippines by and between: Land Bank of the Philippines “Land Bank of the Philippines” with office address at 3/F Land Bank Building‚ Gabaldon St.‚ Cabanatuan City‚ Represented by its Department Manager II‚ Nueva Ecija Lending Center‚ Mr. Eduardo N. Reyes‚ Jr.‚ herein after referred to as Land Bank of the Philippines. -and- WESLEYAN UNIVERSITY – PHILIPPINES
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MEMORANDUM OF LAW To: Brenda Young‚ Supervising Attorney From: Steven Carp ‚ Legal Assistant Date: September 26‚ 2012 Re: Enforcement of non-competition agreement against Brett Young I.QUESTIONS PRESENTED Whether the restrictive covenant is enforceable against Brett Young for working with a competitor of Finance R Us. II. SHORT ANSWER: No‚ the covenant is not enforceable against Brett Young for leaving Finance R Us and working for Titles Unlimited when the III. STATEMENT
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Interoffice Memo HRM/531 November 18‚ 2010 Connye Harper Interoffice Memo TO: Sales Management Team FROM: RE: Merger between EnviroTech an InterClean First of all‚ I would like to take the time to say “thank you” to each one of you for your outstanding efforts‚ it has been very enjoyable to work alongside with each of you in contributing to the success of InterClean. You are all well aware of the strategic movement as announced by David Spencer is very near on the horizon. As this merger
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SUPPLEMENTARY MEMORANDUM OF UNDERSTANDING THIS SUPPLEMENTARY MEMORANDUM OF UNDERSTANDING entered into at Hyderabad on this 5th day of December‚ 2012. Between:- USHODAYA ENTERPRISES PRIVATE LIMITED‚ a company incorporated under the provisions of the Companies Act‚ 1956‚ having registered office at Eenadu Complex‚ Somajiguda‚ Hyderabad – 500 082‚ represented by their Assistant General Manager-Marketing‚ Mr. K. Srinivasa Rao‚ hereinafter referred to as USHODAYA‚ which expression‚ unless repugnant
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MEMORANDUM TO: Senior Partner FROM: Paralegal RE: Natalie Attire DATE: July 3‚ 2013 QUESTION PRESENTED Did Natalie Attire act in a professional manner when she got the full length tattoo on her arm‚ and was she rightfully terminated from her job because of the incident? BRIEF ANSWER Ms. Attire had asked another waitress at the establishment‚ when she should have went straight to her supervisor (Ms. Biddy Baker) and asked about getting a tattoo that would take up the
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DUTIES OF DIRECTORS Directors of a company normally have exclusive power to manage the company’s business and exercise its powers. At common law‚ the duties were owed to the company‚ to employees‚ to individual shareholders and creditors. 1.0 Duties of Directors to the company It is convenient to categorise the duties of directors into fiduciary duties which arise because they are quasi-trustees of the assets of the company. The word ‘fiduciary’ refers to trust and confidence. ‘A fiduciary is
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Hampton Park Pty Ltd (HP) Synopsis. In the case study of Hampton Park Pty Ltd (HP) has four directors; William (Managing Director); Susan‚ Jack and Gail (Non-executive directors). As HP’s financial position begins to deteriorate‚ George‚ the Chief Financial Officer of the company advises the accounts still show a profit and the company would have a solid base to pay out a dividend to its members. In July 2010cHP’s financial state worsens however George declares a technical profit and advises HP
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boards of directors. 1 I would require the board of directors degree of involvement in strategic management be active participation (approves‚ questions and makes final decisions on mission‚ strategy‚ policies and objectives) or be that of a catalyst (takes the leading role in establishing and modifying the mission‚ objectives‚ strategies and policies). This would ensure that the board of directors takes a hands on approach (Wheelen‚ p. 47). 2 I would require the board of directors to set
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what have Don breached his directors’ duties under the act in good faith and best interest of the company as well as disclosure personal interest. The second issue is possible remedies for Bryan while he has been conducted unfair and oppressive. ISSUE 1: WHAT HAS DON BREACHED? Fiduciary duties to disclose personal interests Directors are under both fiduciary and statutory duties to avoid conflicts between their personal interests and the interests of the company. The director is to declare the “nature
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the board has two major jobs: to monitoring the decision making of management as a representative of shareholders and to initiate and implement of decisions. The board of directors is a major mechanisms used to solve agency problem‚ which arises when the management and ownership is separated in the company. The board of directors is an internal control mechanism to make sure the company’s decision making is align with the interest of shareholders. In US and UK‚ in order to improve the effectiveness
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