Grandfather Provision. For the purposes of determining whether a Person is an Acquiring Person and interpreting the definition of Acquiring Person, a Person shall not be and shall not be deemed to be an Acquiring Person if such Person:
Grandfather Provision. The parties agree that any current non-degreed vocational instructor who, under previous salary schedule placement guidelines and/or practices, attained salary schedule placement of BA + 135 with Masters as of the 2005-06 school year, shall be grandfathered at that education placement and shall be able to continue at that placement so long as employed with the Marysville School District or until the Association and District mutually agree at a later time to void or modify this grandfather commitment.
Grandfather Provision. Any employee in a classification that was in effect prior to June 1, 1991, who would be adversely affected by the 2011 collective agreement definitions (a), (b) and (c), will be placed in the classification corresponding to his wage rate regardless of these definitions.
Grandfather Provision. All regular full-time employees who hired into the County prior to December 31, 2012, having completed four (4) years of continuous permanent employment prior to December 1st of each calendar year shall be eligible to receive a longevity bonus for service with the County:
Grandfather Provision. For the purposes of determining whether a Person is an Acquiring Person and interpreting the definition of Acquiring Person, a Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "Grandfathered Person") is the Beneficial Owner of 20% or more of the outstanding Voting Shares of the Corporation determined as at the Record Time; provided, however, that this exception shall not be, and shall cease to be, applicable to a Grandfathered Person in the event that a Grandfathered Person shall, after the Record Time, become the Beneficial Owner of an additional 1% of the outstanding Voting Shares of the Corporation other than pursuant to share acquisitions or redemptions by the Corporation or a Subsidiary of the Corporation, Permitted Bid Acquisitions, Exempt Acquisitions, Pro-Rata Acquisitions or Convertible Security Acquisition; provided further that, in the event that this exception shall cease to be applicable to a Grandfathered Person as aforesaid, such a Grandfathered Person shall be and shall be deemed to be an Acquiring Person as at and from the time that this exception shall not be so applicable.
Grandfather Provision. Notwithstanding the foregoing, any person who has achieved 'A' List status as of June 30, 2006 shall automatically qualify for the 'A' List as of July 1, 2009.
Grandfather Provision. 17 1.4 HOLDER......................................................................................... 17 1.5 ACTING IN GOOD FAITH........................................................................... 17 1.6 ACTING JOINTLY OR IN CONCERT................................................................... 18 1.7
Grandfather Provision. Seller shall be incorporated into the genealogy system for determining commissions within Purchaser's systems. Two Seller representatives (Xxxxx Xxxx and Xxxxxx Xxxxxx) will be placed at the Fiji Double Diamond level. (Seller shall not be able to obtain any dream bonuses because of this Grandfather Provision. If Seller built out the structure to qualify for the dream bonuses, without the benefit of this Grandfather Provision, then such bonuses would be available to Seller.) This will enable Seller to receive regular commissions on the sales of distributors in Seller's downlines along with all distributors coming over as part of this Agreement. Each distributor will be in a like position as they were in the Escape International structure. Commissions will be calculated using Purchaser's regular commission structure and at regular intervals.
Grandfather Provision. The application of the provisions of this Section of the Plan shall not cause the maximum permissible benefit under Code Section 415 for any Participant to be less than the Participant’s accrued benefit under all the defined benefit plans of his Employer (or a predecessor employer) as of the end of the last Limitation Year beginning before July 1, 2007 under provisions of the plans that were bother adopted and in effect before April 5, 2007.
Grandfather Provision. The modifications to the PDI Plan described above shall not apply to any pilot who, on April 30, 2003, either is receiving PDI benefits or has incurred a disability with respect to which PDI benefits subsequently become payable.
