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GRANDFATHER PROVISIONS Sample Clauses

GRANDFATHER PROVISIONS. 1. All teachers qualifying for placement on the MA+15 schedule per the 1997-2001 contract requirements prior to January 1, 2002 shall be placed and remain on this schedule as long as they remain continuously employed by the Vicksburg Community Schools. 2. Teachers who complete the requirements for moving to the MA+15 schedule under the 1997-2001 contract after January 1, 2002 but prior to the start of the 2002-03 school year may qualify for the MA+15 schedule without completing the Vicksburg Community Schools Professional Development Program as defined above as long as they complete at least one of the three required programs prior to the 2002-03 school year and complete all three within the following two years. O:\XXXXX\Negotiations\Negotiations\2017-18\2017-18 Contract.docx BA BA+20 MA MA+15 1 34,000 34,170 34,683 1 34,000 34,170 34,683 1 35,142 35,318 36,024 1 35,805 35,984 36,344 2 35,473 35,650 36,185 2 35,473 35,650 36,185 2 36,964 37,149 37,781 2 37,794 37,983 38,173 3 37,132 37,318 37,878 3 37,132 37,318 37,878 3 38,788 38,982 39,567 3 39,784 39,983 40,183 4 38,788 38,982 39,567 4 38,788 38,982 39,567 4 40,612 40,815 41,346 4 41,774 41,983 42,193 5 40,446 40,648 41,258 5 40,446 40,648 41,258 5 42,437 42,649 43,118 5 43,761 43,980 44,200 6 42,105 42,316 42,951 6 42,105 42,316 42,951 6 44,426 44,648 45,050 6 45,751 45,980 46,210 7 43,761 43,980 44,530 7 43,761 43,980 44,530 7 46,414 46,646 46,973 7 47,740 47,979 48,219 8 45,584 45,812 46,270 8 48,501 48,744 49,036 8 49,894 50,143 50,394 9 47,408 47,645 47,883 9 50,592 50,845 51,099 9 52,049 52,309 52,571 10 49,231 49,477 49,724 10 52,945 53,210 53,476 10 54,536 54,809 55,083 11 51,054 51,309 51,566 11 55,299 55,575 55,853 11 57,022 57,307 57,594 12 52,878 53,142 53,408 12 57,951 58,241 58,532 12 59,840 60,139 60,440 13 54,121 54,392 54,664 13 60,603 60,906 61,211 13 62,659 62,972 63,287 14 55,391 55,668 55,946 14 62,027 62,337 62,649 14 64,132 64,453 64,775 15 56,185 56,466 56,748 15 63,485 63,802 64,121 15 65,639 65,967 66,297 16 56,977 57,262 57,548 16 64,977 65,302 65,629 16 67,182 67,518 67,856 17 57,413 57,827 58,116 17 65,352 65,827 66,156 17 67,582 68,032 68,372 18 57,738 58,263 58,554 18 65,727 66,202 66,533 18 67,982 68,432 68,774 19 58,063 58,588 58,881 19 66,102 66,577 66,910 19 68,382 68,832 69,176 20 58,388 58,913 59,208 20 66,477 66,952 67,287 20 68,782 69,232 69,578 21 58,713 59,238 59,534 21 66,852 67,327 67,664 21 69,182 69,632 69,980 22 59,038 59,563 59,861 22 67,227 67,702 68,041 2...
GRANDFATHER PROVISIONS. 3.3.1. Nothing in this Section 3 shall be interpreted to require KPMG to withdraw, terminate, breach, curtail, change or amend any contracts, irrevocable offers or the project set forth on Exhibit F hereto which were entered into or bid prior to the date hereof, including any such contracts, offers or projects which would otherwise not be permitted hereunder. 3.3.2. In the event that, pursuant to Section 4.10 of the Stock Purchase Agreement, Cisco designates an entity as a Cisco Competitor which entity was not a Cisco Competitor in the prior period as (such newly-designated entity a "New Cisco Competitor") and KPMG has an existing contract with such New Cisco Competitor, then nothing in this Section 3 shall be interpreted to require KPMG to terminate, breach, curtail, change or amend any such contract; * * *
GRANDFATHER PROVISIONS. (1) A Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "Grandfathered Person"): (a) is the Beneficial Owner of 20 percent or more of the outstanding Voting Shares of the Corporation as at the Record Time; or (b) becomes the Beneficial Owner of 20 percent or more of the outstanding Voting Shares of the Corporation after the Record Time and such Person's Beneficial Ownership of Voting Shares of the Corporation does not exceed the number of Voting Shares of the Corporation Beneficially Owned by such Person immediately prior to the Record time by more than one percent of the then-issued and outstanding Voting Shares of the Corporation; provided, however, that the exceptions in clauses 1.5(1)(a) and (b) shall cease to be applicable to a Grandfathered Person who shall after the Record Time become, pursuant to one or more transactions or events, the Beneficial Owner of additional Voting Shares of the Corporation constituting in the aggregate more than one percent of the Voting Shares of the Corporation then outstanding, other than pursuant to Permitted Bid Acquisitions, Exempt Acquisitions or Pro Rata Acquisitions. (2) A Person shall not be and shall not be deemed to be an Acquiring Person if such Person (a "Grandfathered Person Transferee") becomes the Beneficial Owner of 20 percent or more of the outstanding Voting Shares of the Corporation solely as a result of the acquisition of all but not less than all of the Voting Shares of the Corporation Beneficially Owned immediately prior thereto by a Grandfathered Person or a Grandfathered Person Transferee (the "Transferor") and such Person's Beneficial Ownership of Voting Shares of the Corporation after giving effect to such acquisition does not exceed the number of Voting Shares of the Corporation Beneficially Owned by the Transferor immediately prior to such acquisition by more than one percent of the then-issued and outstanding Voting Shares of the Corporation; provided, however, that the exception in this subsection 1.5(2) shall cease to be applicable to a Grandfathered Person Transferee who shall after the time at which he becomes a Grandfathered Person Transferee (the "Transfer Time") become, pursuant to one or more transactions or events, the Beneficial Owner of additional Voting Shares of the Corporation constituting, together with the number of Voting Shares Beneficially Owned by such Grandfathered Person Transferee immediately prior to the Transfer Time, in the aggre...
GRANDFATHER PROVISIONS. 3.4.1 Unit members working less than 0.5 FTE and who were taking some form of pro rata benefit as of January 1, 1990 shall be "grandfathered" in that ability, provided their participation in the plan has been continuous. Any break in pro rata participation shall make the unit member ineligible for benefits unless they are working 0.5 FTE or greater. 3.4.2 All those regular unit members working more than 50% and having benefits paid 100% by the District as of June 30, 1976, will receive a benefit allowance on the same basis as full time unit members hired prior to 1990.
GRANDFATHER PROVISIONS. 1. All teachers qualifying for placement on the MA+15 schedule per the 1997-2001 contract requirements prior to January 1, 2002 shall be placed and remain on this schedule as long as they remain continuously employed by the Vicksburg Community Schools. 2. Teachers who complete the requirements for moving to the MA+15 schedule under the 1997-2001 contract after January 1, 2002 but prior to the start of the 2002-03 school year may qualify for the MA+15 schedule without completing the Vicksburg Community Schools Professional Development Program as defined above as long as they complete at least one of the three required programs prior to the 2002-03 school year and complete all three within the following two years.
GRANDFATHER PROVISIONS. A. The rights and features described in _______________________ (specify items to be grandfathered) of this Adoption Agreement are available for benefits accrued under the Plan on _________________ (specify date on which right or feature is to be discontinued with respect to future accrued benefits) but not for benefits accrued under the Plan subsequent to such date. [X] B. The following rights and features are available for benefits accrued under the Plan on JANUARY 1, 2001 (specify date on which right or feature is to be discontinued with respect to further accrued benefit) but not for benefits accrued under the Plan subsequent to such date. QUALIFIED JOINT AND SURVIVOR ANNUITY, QUALIFIED PRE-RETIREMENT SURVIVOR ANNUITY, LIFE ANNUITY AND INSTALLMENT PAYMENTS. (attach separate sheets if necessary).
GRANDFATHER PROVISIONSA 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 twenty percent (20%) or more of the outstanding Voting Shares as at January 1, 2001; provided, however, that the exception in this section 1.4 shall cease to be applicable to a Grandfathered Person who shall after January 1, 2001 become, pursuant to one or more transactions or events, the Beneficial Owner of additional Voting Shares constituting in the aggregate more than one per cent (1%) of the outstanding Voting Shares determined as at January 1, 2001, other than pursuant to Permitted Bid Acquisitions, Exempt Acquisitions or Pro Rata Acquisitions.
GRANDFATHER PROVISIONSFor purposes of determining withholding Taxes imposed under FATCA, from and after the Restatement Date, Borrowers and Administrative Agent shall treat (and Lenders hereby authorize Administrative Agent to treat) the Agreement as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).
GRANDFATHER PROVISIONS. 39 XXI. QUALIFICATION...........................................................................................39 SIGNATURES.......................................................................................................40
GRANDFATHER PROVISIONS. The pension benefit for any participant who, as of December 31, 1999, is (i) at least age fifty-five (55) and is credited with at least ten (10) years of vesting service, or (ii) has a combined number of years of vesting service and age equaling at least eighty-eight (88), shall be the greater of: (i) the accrued benefit calculated in accordance with the formula set forth in paragraph 1(a) above, or; (ii) the participant's accrued benefit calculated in accordance with the formula in effect as of December 31, 1998, based upon the participant's total years of benefit service and average annual compensation as of the date the participant retires.