Conversion Terms. As of the Effective Time, by virtue of the Merger and without any action on the part of any Stockholder or any stockholder of Mergerco:
Conversion Terms. Citizens may decide to hire a Contingent Worker as a Citizens’ employee. If Citizens decides to convert a Contingent Worker, then Citizens shall compensate Vendor as set forth in the schedule below. The conversion fee is based upon the starting base annual salary of the Contingent Worker for the position which they are being hired and will not take into consideration any relocation benefits or other sums. Job Category Calendar Days Worked Conversion Fee Non-exempt as defined by Citizens Position Description 1 – 30 Days 9% conversion fee 31 – 60 Days 7% conversion fee 61 – 90 Days 4% conversion fee 91 Days or more 0% conversion fee Job Category Calendar Days Worked Conversion Fee Exempt as defined by Citizens Position Description 1 – 365 Days Citizens reserves the right to negotiate the conversion fee up to a maximum of 18% conversion fee 366 Days or more 0% conversion fee
Conversion Terms. As of the Effective Time, by virtue of the Merger and without any action on the part of any stockholder of the Company or AcquisitionCo:
Conversion Terms. The terms and procedures for conversion, including the form of Notice of Conversion, are set out in the Conditions.
Conversion Terms. Citizens may decide to hire a Contingent Worker as a Citizens’ employee. If Citizens decides to convert a Contingent Worker, then Citizens shall compensate Vendor as set forth in the schedule below. The conversion fee is based upon the starting base annual salary of the Contingent Worker for the position which they are being hired and will not take into consideration any relocation benefits or other sums. Non-exempt as defined by Citizens Position Description 1 – 30 Days 9% conversion fee 31 – 60 Days 7% conversion fee 61 – 90 Days 4% conversion fee 91 Days or more 0% conversion fee Exempt as defined by Citizens Position Description 1 – 365 Days Citizens reserves the right to negotiate the conversion fee up to a maximum of 18% conversion fee 366 Days or more 0% conversion fee
Conversion Terms. Subject to Section 4.7 hereof, each Special Warrant issued hereunder will entitle the holder thereof, upon the conversion thereof in accordance with the provisions of Article 4 hereof, and without payment of any additional consideration, to be issued, one (1) Common Share and one quarter of one (0.25) of one Warrant.
Conversion Terms. On the terms and subject to the conditions of this Agreement, as of the Effective Time, by virtue of the Merger and without any action on the part of the Parties or any Stockholder, the following shall occur:
Conversion Terms. Client acknowledges the Therapist named herein is an employee of Epic Special Education Staffing and that any hiring or employment scenario - permanent hire, interim, contract or otherwise - within 12 months of this placement, will be arranged through Epic Special Education Staffing and Client agrees to pay a conversion fee of 35% of the subject Therapist’s annual salary as liquidated damages to Epic Special Education Staffing within 30 days of being invoiced for the same. Contract conversion terms available upon request. Client acknowledges and agrees that this Staffing Confirmation Agreement contains the specific terms of the individual contractor’s assignment for services in accordance with the terms of the Epic Special Education Staffing
Conversion Terms. The aggregate consideration for the Shares shall be the $1,123,500 loan previously provided by the Lender to the Company (the “Consideration”).
Conversion Terms. 12.1 Each Bondholder may exercise one or more of his Conversion Right(s) at the Conversion Price at any time during the Exercise Period provided that notification thereof is given pursuant to clause 12.4. Conversion Rights may not be exercised (i) following the giving of notice by the Bond Trustee pursuant to clause 17 or (ii) in respect of a Bond which the relevant Bondholder has exercised its right to require the Issuer to redeem pursuant to the terms set forth in this Bond Agreement.
