Eligibility for Payout Sample Clauses

Eligibility for Payout. Payout of CSUs and the related earned Dividend Equivalents shall be made to each Participant:
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Eligibility for Payout. Payout of Restricted Units and DERs shall be made to each Participant:
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Eligibility for Payout. Participants must also work at least 1,000 hours in the Performance Period and be employed at the end of the Performance Period to be eligible for a payout.
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Eligibility for Payout. Payout of PSUs and the related earned Dividend Equivalents shall be made to each Participant who is eligible as described in Section 4.9 of the Plan.
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Eligibility for Payout. Upon termination of employment, employees who have worked for at least 12 continuous months since the last date of hire will be compensated for the “cash value” of accrued, unused PTO, as defined in this Section. Employees terminating with less than 12 months of continuous employment will not have cash value of their accrued PTO balance.
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Eligibility for Payout. Following any Change in Control, payout of Restricted Units and the related distribution equivalents shall be made to each Participant:
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Related to Eligibility for Payout

  • Eligibility for Benefits A member will not be eligible to receive Long Term Disability benefits until their Income Protection benefits have expired.

  • Bonus Eligibility The Executive shall be eligible to receive an annual bonus payment in addition to Base Salary and other compensation for each year of the Executive’s employment (the “Bonus”) as determined by the Board from time to time.

  • Eligibility for Severance Benefits The Corporation or its successor shall pay or provide to the Executive the Severance Benefits if the Executive’s employment is terminated voluntarily or involuntarily during the term of this Agreement, either:

  • Eligibility It will notify the Issuer and the Servicer promptly if it no longer meets the eligibility requirements in Section 5.1.

  • Distribution Eligibility Shares issued in a Fund after receipt of a completed purchase order shall be eligible to receive distributions of the Fund at the time specified in the prospectus pursuant to which the Shares are offered.

  • Ineligibility for Form S-3 In the event that Form S-3 is not available for the registration of the resale of Registrable Securities hereunder, the Company shall (i) register the resale of the Registrable Securities on another appropriate form reasonably acceptable to the Required Holders and (ii) undertake to register the Registrable Securities on Form S-3 as soon as such form is available, provided that the Company shall maintain the effectiveness of the Registration Statement then in effect until such time as a Registration Statement on Form S-3 covering the Registrable Securities has been declared effective by the SEC.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

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