Earning Requirements Sample Clauses

Earning Requirements. In order to earn the full Special Bonus, I must both: (i) remain employed with the Company through the Bonus Date and (ii) [***]. Should I [***] but not remain employed through the Bonus Date, I shall be entitled to retain $100,000 of the Special Bonus. I understand my compliance with this commitment is the “Earning Requirement” for the Special Bonus. I agree not to accept employment with another employer, quit, abandon, resign or otherwise terminate my employment relationship with the Company prior to the Bonus Date, and agree to avoid engaging in conduct that would be “cause” (as defined in the Executive Employment Agreement, dated as of the date hereof, between the Company and me (the “Employment Agreement”)) to terminate my employment through the Bonus Date. The Special Bonus is not earned incrementally. Remaining employed for any portion of time prior to the Bonus Date will not entitle me to a portion of the Special Bonus. Notwithstanding the above, if my employment is terminated by me for any reason or the Company for cause prior to the Bonus Date, the Special Bonus will be unearned in its entirety.
Sample 1
AutoNDA by SimpleDocs

Related to Earning Requirements

  • Testing Requirements 12.1. Workplaces - 12.2. On workplaces where the value of the Commonwealth’s contribution to the project that includes the building work is at least $5,000,000, and represents at least 50% of the total construction project value or the Commonwealth’s contribution to the project that includes the building work is at least $10,000,000 (irrespective of its proportion of the total construction project value) the following minimum testing requirements must be adhered to.

  • Operating Requirements Any operating and technical requirements that may be applicable due to Regional Transmission Organization, Independent System Operator, control area, or the Connecting Transmission Owner’s requirements, including those set forth in the Small Generator Interconnection Agreement. Operating Requirements shall include Applicable Reliability Standards.

  • Vesting Requirements The vesting of this Award (other than pursuant to accelerated vesting in certain circumstances as provided in Section 3 below or vesting pursuant to Section 6 below) shall be subject to the satisfaction of the conditions set forth in each of subsections A and B, as applicable, and, in each case, subsection C of this Section 2:

  • Forecasting Requirements 19.5.1 The Parties shall exchange technical descriptions and forecasts of their Interconnection and traffic requirements in sufficient detail necessary to establish the Interconnections necessary for traffic completion to and from all Customers in their respective designated service areas.

  • Staffing Requirements Licensee will be in full compliance with the main studio staff requirements as specified by the FCC.

  • Listing Requirements The Company shall not be obligated to deliver any certificates representing any shares until all applicable requirements imposed by federal and state securities laws and by any stock exchanges upon which the shares may be listed have been fully met.

  • Reporting Requirements The Company, during the period when the Prospectus is required to be delivered under the 1933 Act or the 1934 Act, will file all documents required to be filed with the Commission pursuant to the 1934 Act within the time periods required by the 1934 Act and the 1934 Act Regulations.

  • Bonding Requirements The Contractor is required to furnish a performance bond on the form in a form acceptable to the City, in a sum of not less than [insert bonding level] of the annual amount of the contract to guarantee the faithful performance of this contract. The bond must be approved as to sufficiency and qualifications of the surety by the Controller.

  • Trunking Requirements The Parties will provide designed Interconnection facilities that meet the same technical criteria and service standards, such as probability of blocking in peak hours and transmission standards, in accordance with current industry standards.

  • Posting Requirements Seller shall post the Development Security in accordance with the following terms and conditions: (i) Seller shall post one-half of the Development Security within thirty

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!