Change in domicile Sample Clauses

Change in domicile. The incumbent shall have the option of accepting or declining the changed or redescribed position. If the incumbent declines the position as described, he/she then becomes an unassigned regular until the posting is completed. When it is necessary that fixed schedule day(s) of work in the basic work week for a craft assignment be permanently changed, or the starting time for such assignment be changed by one and one-half hour or more, the affected assignment shall be reposted by notice of intent. If the incumbent in the assignment has more seniority for the preferred assignment than the senior employee on the preferred assignment eligibility register for those off days or hours the employee may remain in the duty assignment, if the employee desires.
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Change in domicile. The incumbent shall have the option of accepting or declining the changed or re- described position. If the incumbent declines the position as re-described, the incumbent then becomes an unassigned regular until the reposting is completed.
Sample 1
Change in domicile. In the event the Company shall at any time change its state or other jurisdiction of organization from Delaware, each reference herein to “Delaware” shall refer to such state or other jurisdiction of organization which rules and regulations the Company is then organized under and each reference herein to the “Delaware General Corporation Law” shall refer to such analogous statutes of such state or other jurisdiction of organization which the Company is then organized under.
Sample 1
Change in domicile. In the event of a Change in Domicile involving a merger between the Company and a corporation formed under the laws of the State of Nevada (the "Nevada Shell") for the purpose of merging with the Company to change the Company's domicile, the Company agrees that (i) the Nevada Shell shall be a new corporation formed specifically for purposes of the Change in Domicile, (ii) the shareholders of the Company shall receive one share of common stock in the Nevada Shell for each share of the Company's Common Stock that such shareholder held at the time of the Change in Domicile, and no other shares of common stock of the Nevada Shell shall be issued in conjunction with the Change in Domicile, (iii) the Nevada Shell shall receive all assets of the Company at the time of the Change in Domicile, and (iv) the Nevada Shell shall not have any liabilities or potential liabilities of any kind immediately prior to the Change in Domicile. As a condition of a Change in Domicile, the Company shall, prior to filing of the Registration Statement, both complete the Change in Domicile and obtain the written approval of the Nevada Shell to assume all of the Company's rights and obligations under this Agreement.
Sample 1
Change in domicile. In the event the Company shall at any time change its state or other jurisdiction of organization from Nevada, each reference herein to “Nevada” shall refer to such state or other jurisdiction of organization which rules and regulations the Company is then organized under and each reference herein to the “Nevada Revised Statutes” shall refer to such analogous statutes of such state or other jurisdiction of organization which the Company is then organized under.
Sample 1
Change in domicile. In the event the Company shall at any time change its state or other jurisdiction of organization from Wyoming, each reference herein to “Wyoming” shall refer to such state or other jurisdiction of organization which rules and regulations the Company is then organized under and each reference herein to the “Wyoming Business Corporation Act” shall refer to such analogous statutes of such state or other jurisdiction of organization which the Company is then organized under.
Sample 1
Change in domicile. In the event that a student while attending and/or enrolled in Valley Academy shall experience a change in their legal domicile from one participating school system to that of another participating school system, the Superintendents of the affected participating school systems hereby agree to collaborate and attempt to reach a mutually agreeable decision in regards to such issues as the reporting and recording of state test scores, graduation and dropout data and the allocation of ADM applicable to said student, with the intent and understanding that said decision shall take into consideration the best interest of the student and a good faith effort to preserve the student’s ability to remain enrolled at Valley Academy for the duration of their academic career. • District support. The host district DCBOE agrees to analyze district budgets to identify opportunities for support of Valley Academy implementation; provide adequate and equitable district financial resources to effectively support Valley Academy, including allocations for staff instructional supplies, professional development, etc. Participating districts agree to consider reasonable and appropriate requests from the Advisory Board for in-kind commitments that would support Valley Academy without detracting from the services of the participating districts to their own students following all North Carolina procurement laws and policies of the DCBOE.  Leadership and sustainability. The participating districts commit to provide continuous leadership and support in collaboration with the Advisory Board and the partners of Valley Academy, and to work to assure sustainability of Valley Academy.
Sample 1
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Related to Change in domicile

  • Change in Name The Purchaser shall intimate the Seller of any change in its name (on account reasons other than a change in its Control), immediately upon occurrence of name change. The Parties shall thereafter take necessary steps to record such change in the name of the Purchaser in the books and records of the Seller and shall also execute an amendment agreement to the Agreement to record such name change.

  • Change in Effective Control A Change in Effective Control occurs if, over a twelve (12) month period: (i) a person or group acquires stock representing thirty percent (30%) of the voting power of the corporation; or (ii) a majority of the members of the board of directors of the ultimate parent corporation is replaced by directors not endorsed by the persons who were members of the board before the new directors’ appointment, as defined in Treasury Regulations §1.409A-3(i)(5)(vi).

  • Change in Effective Control of the Company A change in the effective control of the Company which occurs on the date that a majority of members of the Board is replaced during any twelve (12) month period by directors whose appointment or election is not endorsed by a majority of the members of the Board prior to the date of the appointment or election. For purposes of this clause (ii), if any Person is considered to be in effective control of the Company, the acquisition of additional control of the Company by the same Person will not be considered a Change of Control; or

  • Change in Management Permit a change in the senior management of Borrower.

  • Change of Control/Change in Management (i) During any period of twelve (12) consecutive months ending on each anniversary of the Agreement Date, individuals who at the beginning of any such 12-month period constituted the Board of Trustees of the Parent Guarantor (together with any new trustees whose election by such Board or whose nomination for election by the shareholders of the Parent Guarantor was approved by a vote of a majority of the trustees then still in office who were either trustees at the beginning of such period or whose election or nomination for election was previously so approved) cease for any reason to constitute a majority of the Board of Trustees of the Parent Guarantor then in office; (ii) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting power of the then outstanding voting stock of the Parent Guarantor; (iii) The Parent Guarantor shall cease to own and control, directly or indirectly, at least a majority of the outstanding Equity Interests of the Borrower; or (iv) The Parent Guarantor or a Wholly-Owned Subsidiary of the Parent Guarantor shall cease to be the sole general partner of the Borrower or shall cease to have the sole and exclusive power to exercise all management and control over the Borrower.

  • Change in the Nature of Business The Borrower shall not, nor shall it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Borrower or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Closing Date.

  • Involuntary Termination in Connection with a Change in Control Notwithstanding anything contained herein, in the event of an Involuntary Termination prior to a Change in Control, if the Involuntary Termination (1) was at the request of a third party who has taken steps reasonably calculated to effect such Change in Control or (2) otherwise arose in connection with or in anticipation of such Change in Control, then the Executive shall, in lieu of the payments described in Section 4 hereof, be entitled to the Post-Change in Control Severance Payment and the additional benefits described in this Section 5 as if such Involuntary Termination had occurred within two (2) years following the Change in Control. The amounts specified in Section 5 that are to be paid under this Section 5(h) shall be reduced by any amount previously paid under Section 4. The amounts to be paid under this Section 5(h) shall be paid within sixty (60) days after the Change in Control Date of such Change in Control.

  • Change in Board During any period of two (2) consecutive years (not including any period prior to the execution of this Agreement), individuals who at the beginning of such period constitute the Board, and any new director (other than a director designated by a person who has entered into an agreement with the Company to effect a transaction described in clause (i), (iii) or (iv) of this definition of Change in Control) whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously so approved, cease for any reason to constitute at least a majority of the members of the Board;

  • Change in Nature of Business Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries on the date hereof or any business substantially related or incidental thereto.

  • Status Change Upon the termination of the Optionee’s Employment, this Option shall continue or terminate, as and to the extent provided in the Plan and this Agreement.

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