Adjustment Meeting Sample Clauses

Adjustment Meeting. If requested by either party, the parties shall meet not more than annually during the term of this Agreement to discuss possible adjustments to royalties payable under this Agreement. Such adjustments may take the form of credits for additional units under the Advance Payment Amount, or an adjustment of the running royalty rate, or both. Adjustment meetings shall take place during the first calendar quarter of each year and shall alternate between Wilmington, Delaware, USA and Seoul, Korea.
Sample 1
Adjustment Meeting. Since it is the wish of both parties to this agreement to settle any alleged grievance in the most expeditious and informal manner possible, a grievant shall take up an alleged grievance with his/her District Attorney or other supervisor within seventy-two (72) hours of the occurrence (or when the grievant should have reasonably been aware of the occurrence) of said grievance. The department head or designee shall adjust the matter or schedule an adjustment meeting within three (3) working days. Settlement in an adjustment meeting shall include the affected employee, the District Attorney or designated supervisor, the Union Xxxxxxx or Representative, and the Human Resources Director, who shall then attempt to adjust the matter within five (5) calendar days. If the matter has not been resolved and the union has determined that the grievance has merit, a formal grievance will be presented as outlined in Step 2. Oral warnings or Oral reprimands are not considered to be discipline and may not be protested through the grievance procedure. Progressive disciplinary Proceduresprocedures must be utilized in accordance with Article 14. Step 2. 2: If the grievance has not been resolved at Step 1, the employee, with or without the Association, must submit the grievance or dispute in writing to their immediate supervisor within fifteen (15) calendar days of its occurrence, or knowledge of its occurrence. The grievant shall set forth a clear statement of the facts giving rise to the grievance, the provisions of the Agreement violated, and the remedy sought. The Supervisor shall meet with grievant and Association representation within seven (7) calendar days to discuss the grievance. The Supervisor shall respond in writing to the employee within ten (10) calendar days of the meeting.
Sample 1
Adjustment Meeting. Since it is the wish of both parties to this agreement to settle any alleged grievance in the most expeditious and informal manner possible, a grievant shall take up an alleged grievance with his/her District Attorney or other supervisor within seventy-two (72) hours of the occurrence (or when the grievant should have reasonably been aware of the occurrence) of said grievance. The department head or designee shall adjust the matter or schedule an adjustment meeting within three (3) working days. Settlement in an adjustment meeting shall include the affected employee, the District Attorney or designated supervisor, the Union Xxxxxxx or Representative, and the Human Resources Director, who shall then attempt to adjust the matter within five (5) calendar days. If the matter has not been resolved and the union has determined that the grievance has merit, a formal grievance will be presented as outlined in Step 2. Oral warnings or Oral reprimands are not considered to be discipline and may not be protested through the grievance procedure. Progressive disciplinary Procedures must be utilized in accordance with Article 14.
Sample 1

Related to Adjustment Meeting

  • Adjustment for Change in Capital Stock If the Company: (1) pays a dividend or makes a distribution on its Common Stock in shares of its Common Stock; (2) subdivides its outstanding shares of Common Stock into a greater number of shares; (3) combines its outstanding shares of Common Stock into a smaller number of shares; (4) makes a distribution on its Common Stock in shares of its capital stock other than Common Stock; or (5) issues by reclassification of its Common Stock any shares of its capital stock; then the Exercise Price in effect immediately prior to such action and the number and kind of shares into which a Warrant is exercisable shall all be adjusted appropriately so that the holder of any Warrant thereafter exercised may receive the aggregate number and kind of shares of capital stock of the Company which he would have owned immediately following such action if such Warrant had been exercised immediately prior to such action. The adjustment shall become effective immediately after the record date in the case of a dividend or distribution and immediately after the effective date in the case of a subdivision, combination or reclassification. If after an adjustment a holder of a Warrant upon exercise of it may receive shares of two or more classes of capital stock of the Company, the Board of Directors of the Company shall determine the allocation of the adjusted Exercise Price between the classes of capital stock. After such allocation, the exercise privilege and the Exercise Price of each class of capital stock shall thereafter be subject to adjustment on terms comparable to those applicable to Common Stock in this Section. Such adjustment shall be made successively whenever any event listed above shall occur.

  • Adjustment for Stock Split All references to the number of Shares and the purchase price of the Shares in this Agreement shall be appropriately adjusted to reflect any stock split, stock dividend or other change in the Shares which may be made by the Company after the date of this Agreement.

  • Adjustment for Recapitalization If the Company shall at any time after the date hereof subdivide its outstanding shares of Common Stock by recapitalization, reclassification or split-up thereof, or if the Company shall declare a stock dividend or distribute shares of Common Stock to its shareholders, the number of shares of Common Stock subject to this Warrant immediately prior to such subdivision shall be proportionately increased, and if the Company shall at any time after the date hereof combine the outstanding shares of Common Stock by recapitalization, reclassification or combination thereof, the number of shares of Common Stock subject to this Warrant immediately prior to such combination shall be proportionately decreased.

  • Adjustments for Share Splits, Etc Wherever in this Agreement there is a reference to a specific number of shares of Preferred Shares or Ordinary Shares of the Company, then, upon the occurrence of any subdivision, combination or share dividend of the Preferred Shares or Ordinary Shares, the specific number of shares so referenced in this Agreement shall automatically be proportionally adjusted to reflect the effect on the outstanding shares of such class or series of shares by such subdivision, combination or share dividend.

  • Stock Adjustments In the event that during the term of the pledge any stock dividend, reclassification, readjustment or other changes are declared or made in the capital structure of Pledgee, all new, substituted and additional shares or other securities issued by reason of any such change shall be delivered to and held by the Pledgee under the terms of this Security Agreement in the same manner as the Shares originally pledged hereunder. In the event of substitution of such securities, Pledgor, Pledgee and Pledgeholder shall cooperate and execute such documents as are reasonable so as to provide for the substitution of such Collateral and, upon such substitution, references to "Shares" in this Security Agreement shall include the substituted shares of capital stock of Pledgor as a result thereof.

  • Adjustments for Stock Splits, Etc Wherever in this Agreement there is a reference to a specific number of shares of Common Stock or Preferred Stock of the Company of any class or series, then, upon the occurrence of any subdivision, combination or stock dividend of such class or series of stock, the specific number of shares so referenced in this Agreement shall automatically be proportionally adjusted to reflect the affect on the outstanding shares of such class or series of stock by such subdivision, combination or stock dividend.

  • Stock Split All references to numbers of shares in this Agreement shall be appropriately adjusted to reflect any stock dividend, split, combination or other recapitalization affecting the Capital Stock occurring after the date of this Agreement.

  • Adjustment of Warrant Price The price at which such shares of Warrant Stock may be purchased upon exercise of this Warrant shall be subject to adjustment from time to time as set forth in this Section 4. The Issuer shall give the Holder notice of any event described below which requires an adjustment pursuant to this Section 4 in accordance with the notice provisions set forth in Section 5.

  • Adjustments in Warrant Price Whenever the number of shares of Common Stock purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Common Stock purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Common Stock so purchasable immediately thereafter.

  • Adjustments for Stock Splits The parties acknowledge and agree that all share-related numbers contained in this Agreement shall be adjusted to take into account any stock split, stock dividend or similar event effected with respect to the Placement Shares.