Integration Period Sample Clauses

Integration Period. During a period beginning thirty days before the Contractual Date of Substantial Completion and continuing until Final Completion, Design-Builder shall, in coordinating the Work on-site, give deference at all times to UGAA’s needs, including the need for continual and uninterrupted access by Separate Contractors and UGAA for their installation of UGAA Equipment – which deference may require Design-Builder to perform portions of the Work at night, on weekends, and holidays, or otherwise out-of- sequence, all at no additional cost to UGAA.
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Integration Period. 9.1 The Board of Directors has resolved that the governance and other provisions set forth in this Article II, Section 9 shall apply and be effective during the period beginning at the Effective Time (as defined in the Agreement and Plan of Merger, dated as of December 9, 2010, by and between the Corporation and Center Financial Corporation (“Center Financial”), as may be amended from time to time (the “Merger Agreement”)), and ending on a date not to be later than the second anniversary of the Effective Time or such earlier date, but not prior to the first anniversary of the Effective Time, as may be determined by the affirmative vote of at least a majority of the Board of Directors (the “Integration Period”). Terms defined in the Merger Agreement are used in this Article II, Section 9 as so defined. 9.2 The Board of Directors shall consist of 14 members. Effective as of the Effective Time, seven members of the Board of Directors shall be current members of the Board of Directors designated by the Corporation prior to the Effective Time, including each of the persons designated for specified board of director or officer positions with the Corporation or Nara Bank in this Article II, Section 9 (such seven persons and their replacements, if any, as determined in accordance with Article II, Section 9.5 being referred to in this Article II, Section 9 as the “Continuing Nara Directors”), and seven members of the Board of Directors shall be current members of the board of directors of Center Financial designated by Center Financial prior to the Effective Time, including each of the persons designated for board of director positions with the Corporation or Nara Bank in this Article II, Section 9 (such seven persons and their replacements, if any, as determined in accordance with Article II, Section 9.5 being referred to in this Article II, Section 9 as the “Continuing Center Financial Directors”), in each case, subject to such designee satisfying the eligibility criteria to serve as a Director of the Corporation as set forth in the Nomination and Governance Committee Charter of the Corporation (the “Eligibility Criteria”) as of the Effective Time. 9.3 Effective as of the Effective Time, Mr. Ki Suh Park shall serve as Chairman of the Board of Directors and Xx. Xxxxx Xxx Xxx shall serve as Vice Chairman of the Board of Directors. In the event that Mr. Ki Suh Park ceases to serve as Chairman of the Board of Directors for any reason during the Integration Period, hi...
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Integration Period. The parties agree that the following exceptions will apply to the above described compensation arrangements in order to facilitate the transition between the compensation system existing until effective date at the Company and the newly to be introduced HSI compensation system. (a) Year 1997: For the period starting on effective date until December 31, 1997, the Partner shall be compensated in accordance with the Company's compensation system in force as of effective date, which will be applied consistently with its application prior to the entering into force of this contract. (b) Advance against Bonus: Exceptionally in the year 1998, advances against 1998 bonus shall be paid to the Partner as follows: - in June 1998, an amount of DM 520,000.00 gross and - in October 1998, an amount of DM 520,000.00 gross. From these gross amounts, the compulsory withholding will be deducted, in conformity with legislation. These advances will be deducted from the 1998 bonus. If for any reason it appears that the advances exceed the final bonus, the excess shall be promptly repaid by the Partner to the Company. The partner agrees that the Company has the right to deduct the excess from any payment of any kind due to the Partner by the Company of by HSI. (c) Years 1998, 1999, 2000: For the integration period (years 1998, 1999, 2000), an equalisation mechanism shall apply as described in (S) 5 of the Purchase Agreement between the Partner and a subsidiary of HSI concerning the sale of the limited partnership interest in the Company to a subsidiary of HSI. During the integration period as an exception the level in the range of the guideline compensation formula which will be used for determining the Partner's total compensation shall not be influenced by the quality and partnership evaluation of the Partner but shall be the average level used for all the Partners of HSI. As of January 1, 2001, the Partner's compensation shall follow strictly the then Company compensation policy without any exception.
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Integration Period. A period of 30 minutes, unless specified otherwise, during which the electrical consumption of a consumer of electricity accumulates and is recorded.
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Integration Period. All employees of Xxxxxx (other than the directors of Sirius) will continue to be employed by Xxxxxx for a period of three months after Implementation (Integration Period) for the purposes of integrating the IGO and Sirius businesses, other than the Priority Selection Employees.
Sample 1
Integration Period. During a period beginning thirty days before the Contractual Date of Substantial Completion and continuing until Final Completion, CM shall, in coordinating the Work on-site, give deference at all times to UGAA’s needs, including the need for continual and uninterrupted access by Separate Contractors and UGAA for their installation of UGAA Equipment – which deference may require CM to perform portions of the Work at night, on weekends, and holidays, or otherwise out-of-sequence, all at no additional cost to UGAA.
Sample 1

Related to Integration Period

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Preparation Period During the preparation period, a teacher will have no other assignment except in an emergency situation. It is recognized that the preparation period is a scheduled part of the teacher's work day and the teacher is expected to be in his/her respective Building. If the teacher must leave the Building during his/her preparation and/or lunch period, he/she must notify the Building switchboard operator.

  • Planning Period All observations must be conducted openly and with full knowledge of the employee.

  • Evaluation Period Until 5:00 p.m. Eastern time on August 16, 2002 (the "Evaluation Period"), Purchaser and its authorized agents and representatives (for purposes of this Article V, the "Licensee Parties") shall have the right, subject to the right of any Tenants, to enter upon the Real Property at all reasonable times during normal business hours to perform an inspection of the Real Property, the Improvements and the Personal Property. Purchaser will provide to Seller notice (for purposes of this Section 5.1(a), an "Entry Notice") of the intention of Purchaser or the other Licensee Parties to enter the Real Property at least 24 hours prior to such intended entry and specify the intended purpose therefor and the inspections and examinations contemplated to be made and with whom any Licensee Party will communicate. At Seller's option, Seller may be present for any such entry and inspection. Purchaser shall not communicate with or contact any of the Tenants or any of the Authorities without the prior written consent of Seller, which consent shall not be unreasonably withheld or delayed. If Purchaser shall elect to communicate with any of the Authorities and Seller consents thereto, Purchaser shall give Seller prior notice thereof, and Seller and Seller's representatives shall have the right, but not the obligation, to attend, and participate in, all such meetings. Notwithstanding anything to the contrary contained herein, no so-called Phase II environmental physical testing or sampling shall be conducted during any such entry by Purchaser or any Licensee Party upon the Real Property without Seller's specific prior written consent, which consent shall not be unreasonably withheld or unduly delayed. TIME IS OF THE ESSENCE with respect to the provisions of this Section 5.1.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

  • Negotiation Period The Parties shall negotiate in good faith and attempt to resolve any dispute, controversy or claim arising out of or relating to this Agreement (a “Dispute”) within 30 days after the date that a Party gives written notice of such Dispute to the other Party.

  • Meal Period Employees shall receive a meal period which shall commence no less than two (2) hours nor more than five (5) hours from the beginning of the employee's regular shift or when the employee is called in to work on their regular day off. The meal period shall be no less than one-half (½) hour nor more than one (1) hour in duration and shall be without compensation. Should an employee be required to work in excess of five (5) continuous hours from the commencement of their regular shift without being provided a meal period, the employee shall be compensated two (2) times the employee's straight-time hourly rate of pay for the time worked during their normal meal period and be afforded a meal period at the first available opportunity during working hours without compensation.

  • Retention Period The Engineer shall maintain all books, documents, papers, accounting records and other evidence pertaining to costs incurred and services provided (hereinafter called the Records). The Engineer shall make the records available at its office during the contract period and for seven (7) years from the date of final payment under this contract, until completion of all audits, or until pending litigation has been completely and fully resolved, whichever occurs last.

  • HSR Waiting Period The waiting period applicable to the consummation of the Merger under the HSR Act shall have expired or been terminated.

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