Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / term-sheet-v3-ntp-counter.docx
term-sheet-v3-ntp-counter.docx
Parties
Northgate Telecommunications PLC
Harkness LLP
Liddell LLP
NTP PLC
Moorfield Bates LLP
Annual Inc
Omnibus Inc
Annual Long-Term Inc
Dates
June 24, 2024
June 10, 2024
June 17, 2024
October 1, 2024
September 30, 2029
March 31, 2025
October 1, 2025
October 1, 2026
October 1, 2027
June 4, 2024
Amounts
$1,750,000
$3,062,500
$5,250,000
$1,528,082
$23,400,000
$5,000,000
$12,000,000
$6,400,000
$18,400,000
$15.87
Obligations
Unless otherwise indicated, capitalized terms used but not defined herein shall have the meanings ascribed to them in the Initial Term Sheet or as will be defined in the definitive Executive Employment Agreement (the "Agreement")
Where this revised term sheet is silent on a particular term addressed in the Initial Term Sheet, the Employer's position as stated in the Initial Term Sheet shall be deemed to continue in full force and effect for purposes of ongoing negotiations
Position and Duties Title: The Executive shall serve as Chief Executive Officer of Northgate Telecommunications PLC and President of Northgate Telecommunications US, Inc
The Executive shall hold both titles concurrently for the duration of his employment, and neither title shall be modified, diminished, or removed without the Executive's prior written consent
Reporting: The Executive shall report directly and exclusively to the Board of Directors of NTP PLC (the "Board")
The Executive shall not be required to report to any other officer, committee, or person other than the Board