Ability to Substitute. The Management Compensation Committee shall have the ability to substitute, without receiving participant permission, Stock Appreciation Rights (SARs) paid only in stock for outstanding options; provided, that the number of substituted SARs equals the number of shares underlying the options and the Exercise Price of the SARs is equal to the Exercise Price of the options.
Ability to Substitute. If necessary to preserve for each Party the economic benefits bargained for under this Attachment, the Parties agree to consider, in good faith, alternate methods of computing payments under this Section 3.03 as a substitute for the present provisions. Any method substituted shall have as its objective to produce a fair estimate of the OPEB expense and other payments as set forth in this Section 3.03. The Parties may agree to substitute an alternative method of computing reimbursement under this Section 3.03.
Ability to Substitute. The Parties may agree to substitute an alternative method of computing reimbursement under this Attachment. The method substituted shall have as its objective to produce a fair estimate of the pension and OPEB expense and other reimbursement charges set forth in this Attachment, and should preserve for each Party, to the extent possible, the economic benefits bargained under this Attachment. Without limiting the rights of Ford and Visteon as provided above, the Parties agree to jointly evaluate and equitably refine the reimbursement mechanism described in this Attachment as applied to periods following the earlier to occur of (A) termination of the Agreement, and (B) the date, if any, on which all or a significant portion of the Ford Assigned Employees become Visteon Hourly Employees.
Ability to Substitute. Each of the parties hereby agrees that at any time after the date hereof but in any event no later than five Business Days prior to Completion (the “Substitution Date”) the Principal Purchaser may substitute up to 5 direct or indirect subsidiaries of the Purchasers (each a “Substitute Purchaser”) as the Purchasers of some or all of the Assets (the “Substituted Assets”) in place of the Principal Purchaser as if the Substitute Purchaser(s) had been a party to this Agreement ab initio, provided that:
(i) such substitution shall not cause or allow any burden, delay or cost to be incurred by the Sellers as a result of such substitution; and
(ii) each Substitute Purchaser is incorporated in the jurisdiction of the Assets to be acquired by such Substitute Purchaser or in another jurisdiction reasonably acceptable to the Sellers.
Ability to Substitute. A. An IPP/SNA may substitute for a teacher. The IPP/SNA must accept the sub assignment that has been submitted by the teacher in the substitute system. The IPP or SNA must be on the sub list at Human Resources.
B. The IPP/SNA would then indicate the day as a professional leave day on his/her timesheet and complete a blue sheet to be paid for the day. The IPP/SNA will be paid at the substitute rate or their regular hourly rate of pay, whichever is greater.
C. Once the administration is aware that the IPP/SNA is subbing then every attempt will be made to hire a sub for the IPP/SNA.
Ability to Substitute
