AND TERM Sample Clauses

AND TERM. This Agreement shall take effect from the date when the Parties sign this Agreement, with a term of ten (10) years and may be extended for another ten (10) years at the option by the WFOE. Unless notified by the WFOE to the Existing Shareholders and the Domestic Company in writing that it does not consent to an extension of this Agreement, this Agreement shall be automatically extended for another ten (10) years upon the expiration of term, and so on, without any restriction in extension times. The Existing Shareholders and the Domestic Company shall have no right of objection to the extension of term hereof. Article 6Termination
AutoNDA by SimpleDocs
AND TERM. The Board hereby recognizes the Association as the sole collective bargaining agent for all police members and cadets of the London Police Force, save and except the Chief of Police and Deputy Chiefs of Police. The Board agrees that there will be no discrimination, interference, restraint or coercion exercised or practised by the Board with respect to any member of the Police Force because of the member's membership or connection with the Association. The Association agrees that there will be no discrimination, interference, restraint or coercion exercised or practised upon members of the Police Force by any of its members or representatives. This agreement, as hereinafter provided, shall accrue to and apply to those Police members and Cadets on the active payroll of the London Police Force on or after January to December and such agreement will continue thereafter until replaced by a new decision, agreement or award.
AND TERM. Upon the approval of the Walton County voters, the 2022 TSPLOST tax referenced herein will be collected beginning on April 1, 2023 and terminating on March 31, 2028.
AND TERM. (a) Except as otherwise provided for herein, the term of the Warrants and the right to purchase Shares as granted herein shall vest in the following manner: (i) Warrants for one-third of the Shares will vest on the first anniversary of the Issue Date, (ii) Warrants for an additional one-third of the Shares will vest on the second anniversary of the 2 Issue Date and (iii) Warrants for an additional one-third of the Shares will vest on the third anniversary of the Issue Date. Notwithstanding the foregoing, all the Warrants shall automatically vest and become immediately exercisable (i) upon the occurrence of a "Change of Control" occurs or (ii) if the Company terminates the Consulting Agreement without Cause (as defined in the Consulting Agreement).
AND TERM. A temporary employee is excluded from the Collective Agreement and is defined as an individual hired for a period of six months or less, or a period of twelve months or less in the cases of special projects funded through the Federal or Provincial Government or Municipal/Regional Government funded special projects requiring joint administration by funding sources . An individual hired as a temporary employee under (a), whose position is extended for reasons such as extensions of leaves, shall become a term employee under Article after the sixth month only for the purposes of seniority (including completion of probation and accumulation and use of seniority as a term employee). An individual hired as a temporary employee under Article whose position is extended beyond thirty months due to Long Term Disability shall be considered the regular seniority employee in that position.
AND TERM. Before December 10, 1996, options granted under the Incentive Plan generally vest and become exercisable at the rate of 20% of the option shares on the first, second, third, fourth and fifth anniversary date of the grant conditioned upon continued employment with the Company. Options granted after December 10, 1996 are exercisable over a two year period, 25% every six months. Vesting is accelerated and options become exercisable in the event of a "change of control" of the Company as defined in the Incentive Plan. The options generally have a term of ten years (five years for employees owning more than 10% of the Company's Common Stock) from the date of grant.
AND TERM. So long as the and the County have equal voting rights as members, pursuant to Article Section 3@) above, two (2) directorships will be appointed by the City Director on behalf of the and two
AutoNDA by SimpleDocs
AND TERM. Subject to the terms and conditions hereof, the Company hereby contracts for the services of the Owner-Operator and the Owner-Operator hereby accepts such retainer for the exclusive use and operation of the Vehicle in connection with the Company's business operations. This Agreement shall commence on the date hereof and shall continue to full force and effect for a period of thirty-one (31) days. At the expiry of the said thirty-one (31) day period, this Agreement shall be automatically renewed for successive periods of thirty-one (3 1) days each until terminated by either the Company or the Owner-Operator, upon (15) days prior notice in writing given to the other party or unless otherwise terminated in accordance with the and conditions hereof.
AND TERM. TO HAVE AND TO HOLD said Premises for the term of sixty (60) months beginning August 1, 1995 and ending July 31, 2000, at and for the agreed rental, payable to and at the office of Landlord, 4752 N.W. 167th Street, Miami Dade, Florida 33014 as follows: X. Xxx xxxxxx Xxxx xxxxx xxxxx xx xxxx xxxxxxx in advance is as follows: Year 1 $4.08/square foot 2 $4.24/square foot 3 $4.41/square foot 4 $4.59/square foot 5 $4.77/square foot B. Tenant shall also pay at the same time and place as the rental installments such Florida State Sales Tax and other such applicable taxes due on rentals either city, state, county or federal as may be in effect from time to time. Tenant shall also make escrow payments as required by this Lease at the same time and place as the Rent installments. ARTICLE 2: TAX, INSURANCE, COMMON AREA MAINTENANCE AND SECURITY ESCROW A. Tenant shall pay to the Landlord as Additional Rent its proportionate share of the following ("Operating Expenses"): (i) Any real estate taxes and assessments (A) which shall or may become a lien upon, become due and payable to be assessed, imposed, or levied by lawful taxing authorities against the building, the building site and any other improvements on the building site; (B) which arise in connection with the use, occupancy, or possession of the building site or any part thereof, (C) which become due and payable out of or for the building site, or any part thereof, or (D) which are imposed, assessed, or levied in lieu of, in substitution for, or in addition to any or all of the foregoing (collectively referred to hereinafter as the "Tax Cost"). The Tax Cost shall not include any charge (such as water meter charge) which is measured by actual user consumption. A real estate tax bill or copy thereof submitted by Landlord to Tenant shall be conclusxxx evidence of the amount of any real estate taxes, assessments, or installment thereof, (ii) All premiums for public liability, fire and extended coverage or all risk, business interruption, and/or any other insurance coverage which may reasonably be carried by Landlord insuring the Premises, the building, the building site or any improvements thereon ("Insurance Cost"); and (iii) Expense of Common Area Maintenance as set forth in Article 30 hereunder. (iv) Tenant's proportional share of any charges incurred by Landlord for security related services. Landlord does not currently retain a security service, but, may do so in the future. In the event that Tenant shall be requ...
AND TERM. The Board hereby recognizes the Association as the sole collective bargaining agent for all civilian members of the London Police Service. The Board agrees that there will be no discrimination, interference, restraint or coercion exercised or practised by the Board with respect to any member of the Police Service because of the member's membership or connection with the Association. I The Association agrees that there will be no discrimination, interference, restraint or coercion exercised or practised upon members of the Police Service by any of its members or representatives. This Agreement, as hereinafter provided, shall accrue to and apply to those civilian members on the active payroll of the London Police Service on or after January to December and such Agreement will continue thereafter until replaced by a new decision, agreement or award. For the purpose of calculating retirement benefits, retirement means the date the member ceases to be on the payroll.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!