Agreed Hold Periods Sample Clauses

Agreed Hold Periods. If the Conversion occurs and includes the Conversion Exchange, then each Shareholder receiving Pubco Common Shares in exchange for Class A Preferred Shares agrees that in the six month period immediately following the day on which the Conversion Exchange becomes effective, such Shareholder will not, without the prior written consent of Pubco, sell, offer to sell, grant any option or warrant for the sale of, or otherwise lend, transfer or dispose of (including without limitation making any short sale, engaging in any hedging transaction or entering into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of Pubco Common Shares) any of the Pubco Common Shares received by such Shareholder pursuant to the Conversion Exchange.
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Related to Agreed Hold Periods

  • Break Periods The parties agree that the paid rest period contemplated by Article 16(e) shall be taken during times that will not interfere with the operation of the Strong Start Centre.

  • Work Periods 10.02 Work Periods shall be:

  • Meal Periods (a) Meal periods shall be scheduled as closely as possible to the middle of the workday. The length of the meal period shall be not less than thirty (30) minutes and not more than sixty (60) minutes.

  • Relief Periods Employees will be allowed breaks within the shift without reduction in pay and without increasing the regular working hours as follows: Shift Length Breaks Up to, and including 5.5 hours 1 – 15 minute break More than 5.5 hours 2 – 15 minute breaks In addition to the above, any shift over five (5) hours will also have a half (½) hour unpaid lunch within the shift.

  • Preparation Periods 31-1 The School District agrees to maintain daily preparation periods during the student day in all junior and senior high schools. At schools where block scheduling is in effect, the total preparation time provided shall be equal to the preparation time provided at schools not operating on a block schedule.

  • Reporting periods The action is divided into the following reporting periods: - Reporting period 1: from month 1 to month [X][ - Reporting period 2: from month [X+1] to month [Y]][ - Reporting period 3: from month [Y+1] to month [Z]][ - Reporting period 4: from month [Z+1] to month [the last month of the action]]

  • Project Period The Project Period ("Project Period") is the time during which the Applicant will be conducting the Project. Unless this Investment Agreement is terminated earlier under Article 7 Termination, the Project Period commences on the Project Start Date and ends on the Project Completion Date.

  • Notice Periods The notice period (expressed in Working Days) to be given by the Customer in respect of Clause 38.1 shall be the number of whole days that is 20% of the total duration of the final SOW to be executed under this Contract, up to a maximum of 30 Working Days. Partial days shall be discounted in the calculation and the duration of the SOW shall be calculated in Working Days. For example, if the duration of the SOW is 10 Working Days: 20% of the SOW is 2 days. The Notice Period = 2 Working Days; or if the duration of the SOW is 62 Working Days, 20% of the SOW is 12.4. The Notice Period = 12 Working Days. The Parties acknowledge and agree that: the Customer’s right to terminate for convenience and without cause under Clause 38.1 is reasonable in view of the subject matter of this Contract and the Agile nature of the Services being provided; the Contract Charges paid during the notice period given by the Customer in accordance with Clause 38.1 are a reasonable form of compensation and are deemed to fully cover any costs or Losses incurred by the Supplier which may arise either directly or indirectly as a result of the Customer exercising the right to terminate without cause. The Customer shall have the right to terminate this Contract at any time with immediate effect by written notice to the other Supplier if: the Supplier commits a Supplier Default and if the Supplier Default is not, in the opinion of the Customer, capable of remedy; or the Supplier Default is a Material Breach of this Contract. the Supplier is unable to provide a change proposed by the Customer; Either Party may terminate this Contract at any time with immediate effect by written notice to the other Party if: the other Party commits a material breach of any term of this Contract (other than failure to pay any amounts due under this Contract) and, if such breach is remediable, fails to remedy that breach within a period of fifteen (15) Working Days of being notified in writing to do so; an Insolvency Event of the other Party occurs, or the other Party ceases or threatens to cease to carry on the whole or any material part of its business; or

  • week period If an employee fails to return at the end of the family care or medical leave, the CSU may require repayment of insurance premiums paid during the unpaid portion of the leave. The CSU shall not require repayment of premiums if the employee's failure to return is due to his/her serious health condition or due to circumstances beyond the employee's control.

  • Break Period All employees working in full time (7 or 7.5 hour) positions shall be permitted a fifteen (15) minute rest period both in the first half and the second half of a shift.

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