ELP Sample Clauses

ELP. 1. There is a limit of 8 new participants in the ELP per fiscal year (i.e. year 1: 8 officers; year 2 original 8 officers plus 8 additional (new) officers, and year 3 original 8 officers, plus 8 officers from year 2 plus 8 additional (new) officers for a total of 24 officers. The number of participants shall not exceed 24 in any fiscal year after the second year of the plan.) 2. An officer interested in applying to participate in the ELP must submit her/her application to the Human Resources Director during the application period (December 1 – December 30). 3. In the event that more eligible officers apply than there are spaces available, the officers with the greatest department seniority will be taken first up to the annual maximum of eight new officers per fiscal year. 4. An officer may participate only once in the ELP. Officers who participate in the ELP shall not be eligible for sick leave buy back pursuant to Article VI, paragraph 9 upon separation from employment. 5. An officer participates in the ELP for three-consecutive fiscal years unless the officer is removed from the ELP in accordance with the ELP or the officer retires, resigns, is terminated, or dies during the three-year period. 6. An officer shall receive an additional $38.31 compensation per week while participating in the ELP; the additional $38.31 compensation shall be added to the officer’s base pay for purposes of overtime due under the contract, Xxxxx/education incentive, and any other contractual benefits. 7. If any participant in the Plan uses more than nine (9) sick leave days for non-occupational illness or injury during any fiscal year in which he/she is a participant in the Plan, he/she shall be terminated from any further participation in the Plan. However, any such days of absence that are attributable to a serious health condition as defined on page 4 of the Form WH-380 issued by the Wage and Hour Division of the Employment Standards Administration of the United States Department of Labor, as revised in December 1999 shall not be included in the computation of the Plan Participant’s sick leave utilization for the purposes of this paragraph. A copy of page 4 of the said Form WH-380 is attached hereto (Appendix) and made a part hereof. In addition, the Town’s Director of Human Resources shall have the authority to exempt from the foregoing computation of a Plan Participant’s sick leave utilization any other such days which do not fall within the Department of Labor’s aforesai...
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Related to ELP

  • No Partnership, Etc The Lenders and Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement, the Notes or in any of the other Credit Facility Documents shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by or between the Lenders and Borrower or any other Person.

  • Operating Partnership Agreement The Operating Partnership Agreement, in substantially the form attached hereto as Exhibit B, shall have been executed and delivered by the partners of the Operating Partnership and shall be in full force and effect and, except as contemplated by Section 2.03 or the other Formation Transaction Documents, shall not have been amended or modified.

  • Operating Partnership Operating Partnership shall have the meaning set forth in the preamble of this Agreement.

  • Partnership Name The name of the Partnership is “OZ Management LP.” The name of the Partnership may be changed from time to time by the General Partner.

  • Partnership The Partnership shall be given days’ notice to purchase the ownership interest under the same terms agreed upon by the potential buyer.

  • COVID-19 Vaccine Passports Pursuant to Texas Health and Safety Code, Section 161.0085(c), Contractor certifies that it does not require its customers to provide any documentation certifying the customer’s COVID-19 vaccination or post-transmission recovery on entry to, to gain access to, or to receive service from the Contractor’s business. Contractor acknowledges that such a vaccine or recovery requirement would make Contractor ineligible for a state-funded contract.

  • Covenants of the Company and the Operating Partnership The Company and the Operating Partnership, jointly and severally, covenant with each Underwriter as follows:

  • CORPORATE AND PARTNERSHIP AUTHORITY If Tenant is a corporation or partnership, or is comprised of either or both of them, each individual executing this Amendment for the corporation or partnership represents that he or she is duly authorized to execute and deliver this Amendment on behalf of the corporation or partnership and that this Amendment is binding upon the corporation or partnership in accordance with its terms.

  • REIT A “real estate investment trust” under Sections 856 through 860 of the Code or as may be amended. Sale or Sales. Any transaction or series of transactions whereby: (i) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, transfers, conveys, or relinquishes its ownership of any Real Property or portion thereof, including the lease of any Real Property consisting of a building only, and including any event with respect to any Real Property which gives rise to a significant amount of insurance proceeds or condemnation awards; (ii) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, transfers, conveys, or relinquishes its ownership of all or substantially all of the interest of the Corporation or the Operating Partnership in any Joint Venture in which it is a co-venturer or partner; (iii) any Joint Venture directly or indirectly (except as described in other subsections of this definition) in which the Company or the Operating Partnership as a co-venturer or partner sells, grants, transfers, conveys, or relinquishes its ownership of any Real Property or portion thereof, including any event with respect to any Real Property which gives rise to insurance claims or condemnation awards; or (iv) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, conveys or relinquishes its interest in any Real Estate Related Asset or portion thereof (including with respect to any Mortgage, all payments thereunder or in satisfaction thereof other than regularly scheduled interest payments) of amounts owed pursuant to such Mortgage and any event which gives rise to a significant amount of insurance proceeds or similar awards; or (v) the Company or the Operating Partnership directly or indirectly (except as described in other subsections of this definition) sells, grants, transfers, conveys, or relinquishes its ownership of any other asset not previously described in this definition or any portion thereof, but not including any transaction or series of transactions specified in clauses (i) through (v) above in which the proceeds of such transaction or series of transactions are reinvested by the Company in one or more assets within 180 days thereafter.

  • GROUP COMPANIES Guangzhou Yiyan Cosmetics Co., Ltd. (广州逸妍化妆品有限公司) (Seal) By: /s/ Xxxxxxx Xxx Name: XXX Xxxxxxx (吕建华) Title: Legal Representative Shanghai Yizi Cosmetics Co., Ltd. (上海逸姿化妆品有限公司) (Seal) By: /s/ Xxxxxxx Xxx Name: XXX Xxxxxxx (吕建华) Title: Legal Representative Shanghai Yiqing Commercial and Trading Co., Ltd. (上海逸清商贸有限公司) (Seal) By: /s/ Xxxxxxx Xxx Name: XXX Xxxxxxx (吕建华) Title: Legal Representative Yatsen (Guangzhou) Culture Creative Co., Ltd. (逸仙(广州)文化创意有限公司) (Seal) By: /s/ Xxxxx Xxxx Name: XXXX Xxxxx (陈宇文) Title: Legal Representative

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