During Transition Period Sample Clauses

During Transition Period. The “Transition Period” shall be the period beginning on the Closing Date and ending on December 31, 2005. Medex shall pay in full the Compete Payment and the Bonus Payment, plus interest thereon at the prime rate as published in the Eastern edition of the Wall Street Journal from January 1, 2005 to the date of payment, on the earlier of (i) the date Medex terminates your employment, (ii) the termination of your employment for Good Reason or on account of your death or disability or (iii) so long as you remain employed with Medex during the entire Transition Period, December 31, 2005.
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During Transition Period a) The Operator shall obtain, install, and maintain at its cost, all utilities necessary for undertaking the construction/ rehabilitation of the relevant Project Facilities, including all temporary power and water connections, lighting facilities, telephone connections, internet connections, etc. at the relevant Effective Service Area. The Operator shall bear and pay the cost of all power, water, and other utilities consumed by it for construction/ rehabilitation of the relevant Project Facilities during the Transition Period, and the Operator shall not be entitled to claim any reimbursement from the Authority in this regard. b) The Operator may use the utilities available at the relevant Effective Service Area, to undertake the rehabilitation, operation, and maintenance of the relevant Existing Project Facilities, including existing power and water connections, lighting facilities, telephone connections etc. during the Transition Period. To the extent the Operator requires any additional utilities to undertake the rehabilitation, operation, and maintenance of the Existing Project Facilities, including any internet connection, power back-up arrangements etc., during the Transition Period, then the Operator shall obtain, install, and maintain such additional utilities at its own cost. The Operator shall bear and pay the cost of all power, water, and other utilities consumed by it for the rehabilitation of Existing Project Facilities during the Transition Period, and the Operator shall not be entitled to claim any reimbursement from the Authority in this regard. It is clarified that there will be no enhancement of the number or sanctioned load of power connections of Authority, which are already in place for the relevant Existing Project Facilities. c) The Operator shall not be entitled to any extension of time or costs to comply with its obligations in Article 11.3(a) and 11.3(b) above. d) The Authority shall at its own cost, apply for and obtain in the name of the Authority, the power connection for the operation of the Project Facilities, in its name. The Operator shall provide all necessary assistance to the authority in procuring the power connection, including by providing all documents and information necessary to complete the application process. The existing power connections for the Existing Project Facilities will, to the extent required, be maintained at the relevant Effective Service Area by the Authority for the Project Period. e) The Authority...
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During Transition Period. During the Transition Period, the Company shall furnish the Employee with (a) an office and secretarial and other facilities and services at the Company's headquarters in Salt Lake City, Utah, and (b) reimbursement for all actual expenses incurred in connection with all reasonably necessary and appropriate office equipment for use by the Employee at his residence in The Woodlands, Texas during the Transition Period, including, but not limited to, all necessary computer hardware and software, computer printer, facsimile machine and supplies, cellular telephone, Internet access, scanner and all related peripheral equipment as reasonably necessary and appropriate for the Employee to perform his duties and responsibilities under this Agreement during the Transition Period and consistent with the Employee's position as Chief Executive Officer of the Company.
Sample 1
During Transition Period. During the Transition Period, and any period after termination pursuant to 2(c)(ii) until the Separation Date, Employee shall continue to remain eligible to receive the compensation and benefits under, and subject to the terms and conditions of, Section 3 of the Employment Agreement.
Sample 1
During Transition Period. While employed under this Agreement during the period between June 30, 2014 and the Scheduled Separation Date (the “Transition Period”), you will perform such services as the Company may specifically request from time to time. During the Transition Period, you will not have authority to act on behalf of or otherwise bind the Company except as the Company may otherwise direct in writing.
Sample 1

Related to During Transition Period

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Transitional Period At the end of the transitional period as defined in Article 10(2) of the Directive, the contracting parties shall cease to apply the withholding/retention tax and revenue sharing provided for in this Agreement and shall apply in respect of the other contracting party the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive. If during the transitional period either of the contracting parties elects to apply the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive it shall no longer apply the withholding/retention tax and the revenue sharing provided for in Article 9 of this Agreement.

  • Lock-Up Period Participant hereby agrees that Participant shall not offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any Common Stock (or other securities) of the Company or enter into any swap, hedging or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Common Stock (or other securities) of the Company held by Participant (other than those included in the registration) for a period specified by the representative of the underwriters of Common Stock (or other securities) of the Company not to exceed one hundred and eighty (180) days following the effective date of any registration statement of the Company filed under the Securities Act (or such other period as may be requested by the Company or the underwriters to accommodate regulatory restrictions on (i) the publication or other distribution of research reports and (ii) analyst recommendations and opinions, including, but not limited to, the restrictions contained in NASD Rule 2711(f)(4) or NYSE Rule 472(f)(4), or any successor provisions or amendments thereto). Participant agrees to execute and deliver such other agreements as may be reasonably requested by the Company or the underwriter which are consistent with the foregoing or which are necessary to give further effect thereto. In addition, if requested by the Company or the representative of the underwriters of Common Stock (or other securities) of the Company, Participant shall provide, within ten (10) days of such request, such information as may be required by the Company or such representative in connection with the completion of any public offering of the Company’s securities pursuant to a registration statement filed under the Securities Act. The obligations described in this Section 4 shall not apply to a registration relating solely to employee benefit plans on Form S-1 or Form S-8 or similar forms that may be promulgated in the future, or a registration relating solely to a Commission Rule 145 transaction on Form S-4 or similar forms that may be promulgated in the future. The Company may impose stop-transfer instructions with respect to the shares of Common Stock (or other securities) subject to the foregoing restriction until the end of said one hundred and eighty (180) day (or other) period. Participant agrees that any transferee of the Option or shares acquired pursuant to the Option shall be bound by this Section 4.

  • Retention Period The Engineer shall maintain all books, documents, papers, accounting records and other evidence pertaining to costs incurred and services provided (hereinafter called the Records). The Engineer shall make the records available at its office during the contract period and for seven (7) years from the date of final payment under this contract, until completion of all audits, or until pending litigation has been completely and fully resolved, whichever occurs last.

  • 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.

  • Meal Period Employees shall receive a meal period which shall commence no less than two (2) hours nor more than five (5) hours from the beginning of the employee's regular shift or when the employee is called in to work on their regular day off. The meal period shall be no less than one-half (½) hour nor more than one (1) hour in duration and shall be without compensation. Should an employee be required to work in excess of five (5) continuous hours from the commencement of their regular shift without being provided a meal period, the employee shall be compensated two (2) times the employee's straight-time hourly rate of pay for the time worked during their normal meal period and be afforded a meal period at the first available opportunity during working hours without compensation.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

  • Probation Period It is understood and agreed that the first ninety days of employment shall constitute a probationary period during which period the Employer may, in its absolute discretion, terminate the Employee's employment, for any reason without notice or cause.

  • Employee leaving during notice period An employee given notice of termination in circumstances of redundancy may terminate their employment during the period of notice. The employee is entitled to receive the benefits and payments they would have received under this clause had they remained in employment until the expiry of the notice, but is not entitled to any payment in lieu of any remaining notice.

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