Distribution Option Sample Clauses

Distribution Option. Instead of the increase pursuant to item 2, a works agreement to be concluded by 31.7.2024 may stipulate that the actual salaries or wages be increased by 6.6% and, in addition, that the salaries or wages of individual employees be increased. If the actual salaries or wages increased in this way do not reach the new minimum salaries or wages, they shall be increased accordingly, whereby this increase cannot be offset against the distribution amount. Flat-rate overtime payments shall be increased by the percentage by which the respective actual salary or wage is increased. Time-off option
Distribution Option. Distributor shall have an exclusive option to enter into an exclusive distribution agreement with Supplier for the Products in Japan. The terms of the distribution agreement for Japan shall be as set forth in this Agreement. Distributor’s right to exercise such option shall expire at 11:59 p.m., Chicago time, on March 31, 2004. The term of such distribution agreement shall commence thirty (30) days after the date on which Distributor gives notice to Supplier that it is exercising its option. The prices at which Distributor buys Products from Supplier hereunder shall be as agreed between the parties subject to the provisions hereof and provided that such pricing shall be such that Distributor can earn a minimum gross profit (as defined in Section 3(b) below) of at least forty (40) percent of the existing reimbursement price published periodically by the Japanese Ministry of Health, Labor and Welfare (herein “MHLW”).
Distribution Option. (choose whichever shall apply) 1. ¨ Lump Sum and partial lump sum payments only.
Distribution Option. ECO is a distribution option under which a portion of the Contract's Current Value will automatically be surrendered and distributed each year.
Distribution Option. Instead of the increase pursuant to item 2, a works agreement to be concluded by 31.7.2023 may stipulate that the actual salaries or wages be increased by 9.7% (if the application of the minimum amount has resulted in an increase that exceeds 9.9%, the euro amount resulting from the excess must still be paid) and, in addition, that the salaries or wages of individual employees be increased. If the actual salaries or wages increased in this way do not reach the new minimum salaries or wages, they shall be increased accordingly, whereby this increase cannot be offset against the distribution amount. Flat- rate overtime payments shall be increased by the percentage by which the respective actual salary or wage is increased. In addition to the increase in actual salary or wage, at least 0.4% of the salary or wage total shall be used for internal distribution in the form of actual salary or wage increases (distribution amount).
Distribution Option. (a) The Bartram Board of Di▇▇▇▇▇▇▇ shall have a one time option to cause Gavella to distribute to the Gavella shareholders all or a portion of the Bartram common sto▇▇ ▇▇▇ed by Gavella at the time of such notice. Such distribution shall be in the form of a dividend (or such other method as determined by the Bartram Board of ▇▇▇▇▇▇ors, provided the Gavella Board of Directors agrees to such other method). (b) Bartram agrees to ▇▇▇▇ all actions required to ensure that the rights given to Bartram hereunder ▇▇▇ ▇▇fective and that it enjoys the benefits thereof, including but not limited to effecting the requisite filings with the federal, state and self- regulatory organizations, distribution of the dividend through its transfer agent to the shareholders, obtaining the requisite legal opinions from its counsel and all other matters of similar nature necessary to effectuate the dividend. (c) Bartram agrees to p▇▇▇▇▇▇▇ pay Gavella in advance for all costs associated with the dividend.
Distribution Option