Form of Reimbursement Sample Clauses

Form of Reimbursement. 3.4.1 For each Claim qualifying for a reimbursement payment under this Settlement Agreement, HMA (for Hyundai Class Vehicles) or KA (for Kia Class Vehicles) shall mail to the Settlement Class Member, at the address on the Claim Form, no later than sixty (60) days after the Effective Date, a check or a reimbursement debit card as decided upon by the Settlement Class Member. Alternatively, HMA (for Hyundai Class Vehicles) or KA (for Kia Class Vehicles) may provide reimbursement payments to consenting Settlement Class Members via electronic payment.
AutoNDA by SimpleDocs
Form of Reimbursement. Subject to the exception set forth in this subsection (a), all payments due either party under Section 12 shall be satisfied by the return of or the issuance of UTI common stock, as the case may be, in such amounts as determined according to the principles and procedures set forth in this section. All payments due and owing from UTI to Buyer or from Buyer to UTI, as the case may be, in reimbursement for judgments or settlements that must be satisfied by cash shall be made in the form of a cash payment from UTI to Buyer or Buyer to UTI, as the case may be.
Form of Reimbursement. 6.1 For purposes of sharing costs as provided herein, the Controlling Company shall submit to each of the Corporations, until the 5th (fifth) Business Day of each month, their reports of Expenses (“Expense Reports”) for the month immediately preceding in the form of the model in Annex 6.1 to this Agreement, this presentation shall be effected via electronic mail to the electronic address that each one if the Corporations indicate for this purpose.
Form of Reimbursement. Reimbursement shall be solely in the form of Company Shares ("Reimbursement Shares") and shall be paid to Employee on the respective dates that Restricted Stock was scheduled to (i) vest and become Fully Vested Shares or (ii) be released from the additional two-year period as described in Section 3.4(a), and solely for the value of that number of shares of such Restricted Stock which EDS withholds or fails to deliver. The number of Reimbursement Shares to be issued to Employee shall be based on the value of the Restricted Stock for which the Company is providing reimbursement hereunder divided by the average closing price of the Company Common Stock over the twenty (20) trading days immediately prior to the date on which the Reimbursement Shares are issuable to Employee. Notwithstanding the foregoing, the Company shall have no obligation to reimburse Employee (i) for any shares of Restricted Stock that are (x) Fully Vested Shares or (y) Retained Shares which, due to the passage of the additional two year period, are no longer subject to a possible forfeiture; and (ii) with respect to any shares of Restricted Stock after termination of Employee's employment with the Company by reason of a Voluntary Termination or a Termination For Cause; provided, that the Company's obligation to reimburse Employee shall continue if -------- Employee's employment with the Company ceases by reason of death, disability or expiration of the Term of this Agreement pursuant to Section 5.3 and any such obligation shall, in accordance with Section 5.7 hereof, inure to the benefit of Employee's executors, administrators, heirs, successors and assigns in the event of Employee's death or disability. Prior to the date any such Reimbursement Shares are to be issued, Company shall file with and have declared effective by the Securities and Exchange Commission ("SEC") a registration statement covering the issuance of such Reimbursement Shares; provided, however, that if the volume -------- ------- limitations of Rule 144 under the Securities Act of 1933 will not permit the sale by Employee, over the twelve (12) month period following the issuance of any Reimbursement Shares, of a sufficient number of such Reimbursement Shares for Employee to pay from the proceeds of such sale the federal and State of California income taxes owing with respect to the issuance of such Reimbursement Shares, then the Company shall file with and have declared effective by the SEC a registration statement cove...
Form of Reimbursement. The form and timing of reimbursement shall depend upon whether the Developer or the PID pays the actual, reasonable costs for oversizing the infrastructure. The following criteria shall apply to the reimbursement of actual, reasonable costs of the oversized infrastructure:

Related to Form of Reimbursement

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

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