After End of Fiscal Year of Grant Sample Clauses

After End of Fiscal Year of Grant. If a Participant dies after the end of the fiscal year in which the grant was made, all of the vesting conditions described in Section 3 hereof shall be waived and the Performance Units shall be fully vested as of the date of Participant’s death. Settlement of the Vested Amount determined in accordance with this Section 6(a) shall occur as soon as practicable following Participant’s death, but in no event later than March 15th following the end of year in which Participant died.
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After End of Fiscal Year of Grant. If a Participant’s service is terminated due to Disability after the end of the fiscal year in which the grant was made, the Committee may, in its discretion, waive all or a portion of the vesting conditions described in Section 3 hereof. Settlement of the Vested Amount determined in accordance with this Section 6(a) shall occur as soon as practicable following Participant’s Disability, but in no event later than March 15th following the end of year in which Participant become Disabled.
After End of Fiscal Year of Grant. If a Participant Retires or the Participant’s service is terminated by the Company without Cause after the end of the fiscal year in which the grant was made, the Committee may, in its discretion, waive all or a portion of the vesting conditions described in Section 3 hereof. If the Committee waives the vesting conditions described in Section 3 hereof, settlement of the Vested Amount determined in accordance with this Section 6(c) shall occur as soon as practicable following Participant’s Retirement or termination of service, but in no event later than March 15th following the end of year in which Participant Retires or Participant’s service was otherwise terminated.

Related to After End of Fiscal Year of Grant

  • End of Fiscal Years The Parent and the Borrower will maintain their fiscal year ends as in effect on the Effective Date.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

  • Fiscal Year End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • Change of Fiscal Year Seller shall not, at any time, directly or indirectly, except upon ninety (90) days’ prior written notice to Purchaser, change the date on which its fiscal year begins from its current fiscal year beginning date.

  • Vacation Earnings for Partial Years (1) During the first partial year of service a new employee will earn vacation at the rate of three and two-thirds (32/3) days for each month for which the employee earns ten (10) days pay. (2) Subject to Clause 17.8, any unused vacation earned during the first (1st) partial year will be paid to the employee at December 31st of that year. (b) During the first (1st) and subsequent vacation years an employee will earn one-twelfth (1/12) of the annual entitlement for each month in which the employee has received at least ten (10) days' pay at straight-time rates. Where an employee has taken more vacation than earned, the unearned portion taken shall be charged against future earned credits or recovered upon termination whichever occurs first.

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Accounting Period The Company’s accounting period shall be the calendar year.

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