Final Period Sample Clauses

Final Period. The Stockholders'Representative shall on the first day of the ------------ Final Period deliver to the Escrow Agent an Allocation Notice to transfer to each of the Former Creditors (or to purchasers of their shares under the Registration, if the Former Creditors so instruct), a number of Merger Consideration Escrow Shares equal to the Authorized Number of such Former Creditor. If the number of Merger Consideration Escrow Shares to be transferred according to the Stockholders' Representative's instruction exceeds the total number of Merger Consideration Escrow Shares, the Merger Consideration Escrow Shares shall be transferred pro rata to the Former Creditors in the proportion that the Authorized Number of each bears to the total Authorized Number of all; and the Preferred Holders shall receive nothing from this Escrow. If the number of Merger Consideration Escrow Shares transferred to the Former Creditors shall have equaled their total Authorized Number, the Allocation Notice shall instruct the Escrow Agent to transfer the Residual Shares. To determine the allocation of the Residual Shares, the Stockholders' Representative shall add to the number of Residual Shares (x) the total number of Merger Consideration Escrow Shares transferred in respect of Withholding Amounts and (y) the Merger Consideration Escrow Shares transferred to Vault Holdings, LLC pursuant to subparagraph (c), and the resulting sum shall be multiplied by 15% ("Incentive Plan Allotment"). The Allocation Notice shall instruct the Escrow Agent to (i) transfer to each Incentive Plan Participant a number of Merger Consideration Escrow Shares equal to the percentage of the Incentive Plan Allotment set forth opposite the name of such Incentive Plan Participant in Exhibit A hereto, less the number of Merger Consideration Escrow Shares transferred to the Stockholders' Representative as agent of such Incentive Plan Participant pursuant to Paragraph 5(a); the Escrow Agent shall notify Parent of any transfers to Incentive Plan Participants pursuant to this subparagraph at least ten business days prior to the transfer, and any stock certificate issued with respect to such shares which Parent prior to issuance shall notify the Escrow Agent to be unvested under the Incentive Plan shall be retained by the Escrow Agent until receipt of notification from Parent either (x) that vesting has been satisfied, in which case those shares shall then be released to the Incentive Plan Participant, or (y) that vestin...
Final Period. If You are employed by Aquila on September 30, 2002, unless Your supervisor indicates in writing that You have not performed the responsibilities for which You have been retained, You will be paid $150,000, which is one-half of the amount specified in paragraph 2 above.

Related to Final Period

  • Meal Period A Contractor shall schedule an unpaid period of not more than 1/2 hour duration at the work location between the 3rd and 5th hour of the scheduled shift. A Contractor may, for efficiency of operation, establish a schedule which coordinates the meal periods of two or more crafts. If an employee is required to work through the meal period, the employee shall be compensated in a manner established in the applicable Schedule A.

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

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

  • week period During each bi-weekly pay period there shall be four (4) days off of which two (2) shall be scheduled as consecutive days off. The Employer will endeavour to provide schedules of not more than five

  • ▇▇▇▇▇ Period After payment of the first Dues, the Subscriber is entitled to a grace period of 30 days for the payment of any Dues due. During this grace period, the Agreement will remain in force. However, the Subscriber will be liable for payment of Dues accruing during the period the Agreement continues in force.