Future Service Sample Clauses
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Future Service. The Company, the Employee and the Board may mutually agree to continue Executive’s Employment with or services to the Company beyond January 31, 2025. If:
(i) the Employee and the Board mutually agree, no later than November 1, 2024, on the compensation and other employment terms pursuant to which the Employee’s service as Executive Chairman shall continue beyond January 31, 2025, then such service shall continue; provided, however, that Employee’s termination benefits as set forth in Section 6 of the Agreement shall remain in place (for purposes of clarity, any mutually agreed upon compensation shall not be deemed to be an Involuntary Termination); or
(ii) the Employee and the Board mutually agree, no later than November 1, 2024, to end the Employee’s service as Executive Chairman as of the close of business on January 31, 2025, and the Board extends an offer to Employee to continue to serve as Chairman of the Board, then the Employee shall be entitled to receive cash and equity compensation for such service as Chairman of the Board pursuant to the Company’s non-employee director compensation program in effect at such time; in this scenario, this Agreement, and Employee’s employment, shall terminate as of the close of business on January 31, 2025, but such termination shall not be deemed to be an Involuntary Termination; and the Employee’s then-outstanding equity will continue to vest pursuant to the terms of the applicable equity incentive plans and award agreements as Employee continues to serve as a non-employee director on the Board; or
(iii) the Employee and the Board are unable to mutually agree, prior to November 1, 2024, to terms for the Employee’s continued service as Executive Chairman, but the Board extends an offer to Employee to continue to serve as Chairman of the Board, then the Employee shall be entitled to receive cash and equity compensation for such services pursuant to the Company’s non-employee director compensation program in effect at such time; this Agreement, and Employee’s employment, shall terminate as of the close of business on January 31, 2025; the Employee shall be entitled to receive the termination benefits for an Involuntary Termination in accordance with Section 6 hereof; and the Employee’s remaining then-outstanding equity will continue to vest pursuant to the terms of the applicable equity incentive plans and award agreements as Employee continues to serve as a non-employee director on the Board; or
(iv) the Employ...
Future Service. AGREEMENTS
Future Service. This Contract shall extend and apply to future services rendered to the Depositor by The Warehouse and to any additional Goods deposited with The Warehouse by Depositor.
Future Service. The City will consider AT&T for future communications services including high speed data, voice, Internet access and cellular, subject to applicable procurement laws and regulations.
Future Service. The parties wish to provide for a smooth succession, including providing the Company time for you and the Company to transition knowledge, relationships, and other matters that you acquired in your years with the Company. Accordingly, you agree that following your Resignation Date you will continue to assist the Company and Parent in the transition to new management (the “Services”) as set out in the Independent Contractor Services Agreement (set forth in Attachment A) (the “Independent Contractor Services Agreement”).
Future Service. For a period of twelve months from the Closing of the Offering, the Company grants the Representative the right of first refusal (provided the Offering is completed) to provide investment banking services to the Company on an exclusive basis and on terms that are the same or more favorable to the Company comparing to terms offered to the Company by other underwriters/placement agents (such right, the “Right of First Refusal”), which right is exercisable in the Representative’s sole discretion. For these purposes, investment banking services shall include, without limitation, (a) acting as lead manager for any underwritten public offering; and (b) acting as placement agent or initial purchaser in connection with any private offering of securities of the Company. The Representative shall notify the Company of its intention to exercise the Right of First Refusal within fifteen (15) business days following notice in writing by the Company. Any decision by the Representative to act in any such capacity shall be contained in separate agreements, which agreements would contain, among other matters, provisions for customary fees for transactions of similar size and nature, as may be mutually agreed upon, and indemnification of the Representative and shall be subject to general market conditions, provided the terms for such financing or transaction are the same or more favorable to the Company comparing to terms offered to the Company by other underwriters/placement agents. If the Representative declines to exercise the Right of First Refusal or is unable to provide same or more favorable terms to the Company under reasonable standard, the Company shall have the right to retain any other person or persons to provide such services on terms and conditions which are not more favorable to such other person or persons than the terms presented to and declined by the Representative. The Right of First Refusal granted hereunder shall be subject to FINRA Rule 5110(g)(5), including that it may be terminated by the Company for “Cause,” which shall mean a breach by the Representative of this Agreement or a material failure by the Representative to provide the services as contemplated by this Agreement. The services provided by the Representative hereunder are solely for the benefit of the Company and are not intended to confer any rights upon any persons or entities not a party hereto (including, without limitation, stockholders, employees or creditors of the Company) as again...
Future Service. An employee’s future service credit for each calendar year shall be determined on the following basis: Hours for Which Employee Future Service Credit Receives pay in Calendar Year for Calendar Year l800 and more l year 1300 to l799 3/4 year 750 to 1299 l/2 year 375 to 749 l/4 year 0 to 374 0 year In computing the hours for which an employee is to be credited under this paragraph, hours paid for at premium rate shall be counted only as straight time hours. An employee absent due to an injury attributable to service with the Company, for which he is in receipt of Worker’s Compensation benefits shall receive credit up to a maximum of 40 hours per week if he would otherwise have been scheduled to work for the Company.
Future Service a) Future service shall be credited to an Employee at the following respective rates for each 12 month period subsequent to June 30, 1968 until the date that his employment terminates:
i) one year for each 12 month period in which the Employee receives pay from the Company for 1,700 or more hours;
ii) a proportionate credit to the nearest one-tenth of a year for each 12 month period in which the employee receives pay from the Company for less than 1,700 hours.
b) i) For the purpose of computing hours for which an Employee receives pay from the Company under this section, an Employee who, after December 31, 2009, shall be absent from work because of occupational injury or disease incurred in the course of his employment and who, on account of such absence receives Worker's Compensation, shall receive future service credit based on 40 hours per week during such absence provided that no Employee shall be credited with service under this section after his employment has been terminated in accordance with the following schedule:
1) Employees with up to 20 years seniority at the date of disability may accrue up to 4 additional pension credits;
2) Employees with greater than 20 years of seniority at the date of disability will accrue up to 6 additional pension credits No employee shall be credited with service for any week during such absence in which he/she has obtained other employment while on the leave of absence.
ii) An Employee who, after December 31, 1981 shall be absent from work by reason of layoff, shall be credited with 40 hours for each complete calendar week of such absence during such year in addition to any other hours credited provided that such Employee shall have received pay from the Company during that year for at least 170 hours, and provided further, that if such layoff or sick leave continues after that year he shall be credited with 40 hours for each complete calendar week of absence after that year provided that such Employee shall have received pay from the Company during that year for at least 170 hours, not to exceed 1530 hours of credit for all such absence commencing with the calendar year in which the layoff occurred.
iii) an Employee with 10 or more years of seniority who is absent from work by reason of layoff, shall receive additional credited service of 40 hours for each complete week of layoff up to a maximum of 1700 hours of credit. This applies to employees who will have received the current maximum of 1530 hours of credit, a...
Future Service. From time to time Client may request that ▇▇▇▇▇ Systems perform a Future Service. Provided that the service is one which ▇▇▇▇▇ Systems offers or makes available to any other client of ▇▇▇▇▇ Systems, ▇▇▇▇▇ Systems shall provide the Future Service for the consideration specified in Section 8.
Future Service. The Application for this Account also serves as a request to receive offers of any related new services (such as access devices) which may be available from us at some future time and for which we consider you to be eligible in our sole discretion, reasonably exercised. You understand that this request is voluntary and that you may refuse any of these new services at the time they are offered. You further understand that the terms and conditions of this Agreement, together with any specific terms covering the new service, will govern any transactions made pursuant to any of these new services. Change In Terms: We may change any of the terms of your Account at any time (including, without limitation, any terms of this Agreement) subject to any required notice to you in compliance with applicable law. We will provide you with such notice as is required by law by mailing such notice to you at the last known address shown in our records for your Account, attention: Program Administrator. Subject to applicable law, and provided that we do not notify you otherwise, any changes will apply to the outstanding principal balances of your Account as well as to future advances.