– Issuance of Tools Sample Clauses

– Issuance of Tools. An employee required by the Company to use tools in the performance of the employee's job shall be issued and provided with the necessary tools by the Company. Tools requiring replacement because of normal wear will be replaced by the Company as needed. An employee who has been issued tools shall be responsible for the replacement costs of any lost tools necessitated by the gross neglect or abuse by the employee. Tools provided by the Company to employees shall not be removed from Joint Base Xxxxxxx except in cases where employees are directed by the Company to travel to off-base work sites using Company or government-provided vehicles. If an employee is terminated from employment with the Company for any reason (including retirement, resignation, or involuntary discharge), the tools issued by the Company to the employee shall be returned to the Company. The costs of replacing any tools not returned by the employee upon a termination of employment will be reimbursed by a charge against and deduction from the employee's final pay, as agreed in the issuance documents, and, if that charge or deduction is inadequate to reimburse the Company, from direct recovery from the employee through appropriate and necessary legal recourse.
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– Issuance of Tools. ‌ An employee required by the Company to use tools in the performance of the employee’s job shall be issued and provided with the necessary tools by the Company at its cost. Employees whose job duties require use of hand tools will receive a $400 tool allowance per year (payable on November 1st of each year and following Employee’s submission of an expense report) to purchase hand tools only. This would not be applied to power tools or specialty tools which are purchased by the Company. Employees working in jobs which do not require use of hand tools to perform their job are excluded from this tool allowance. Tools requiring replacement because of normal wear (other than hand tools for which the above-referenced tool allowance is provided) will be replaced by the Company as needed. An employee who has been issued tools shall be responsible for the replacement costs of any lost tools necessitated by the neglect or abuse by the employee. The costs of tools replacement necessitated by the neglect or abuse by the employee, shall be borne by the employee, with payment of the cost to be made through payroll deduction. If an employee is terminated from employment with the Company for any reason (whether by retirement, resignation, or involuntary discharge), the tools issued by the Company to the employee shall be returned to the Company. The costs of replacing any tools not returned by the employee upon a termination of employment will be reimbursed by a charge against and deduction from the employee’s final pay, as agreed in the issuance documents, and, if that charge or deduction is inadequate to reimburse the Company, from direct recovery from the employee through appropriate and necessary legal recourse.
Sample 1

Related to – Issuance of Tools

  • Issuance of Notes The Owner Trustee is hereby authorized and directed on behalf of the Trust to execute, issue and deliver the Notes pursuant to the Indenture.

  • Reissuance of Securities The Company agrees to reissue certificates representing the Securities without the legends set forth in Section 5.8 above at such time as:

  • Issuance of Bonds Subject to the satisfaction of and compliance with all of the provisions, covenants and requirements of this Agreement, in order to provide funds for the payment of the Project Costs, the Issuer has authorized the issuance and delivery of the Bonds to the Initial Purchaser in accordance with the Indenture.

  • Issuance of Shares The Conversion Shares are duly authorized and reserved for issuance and, upon conversion of the Note in accordance with its respective terms, will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

  • Issuance of Certificates No later than three (3) business days following the exercise of any Warrant and the clearance of the funds in payment of the Warrant Price pursuant to Section 3.3.1 or cashless exercise pursuant to Section 3.3.2, the Company shall issue, or cause to be issued, to the Registered Holder of such Warrant a certificate or certificates representing (or at the option of the Registered Holder, deliver electronically through the facilities of the Depository Trust Corporation) the number of full shares of Common Stock to which he, she or it is entitled, registered in such name or names as may be directed by him, her or it, and, if such Warrant shall not have been exercised or surrendered in full, a new countersigned Warrant for the number of shares as to which such Warrant shall not have been exercised or surrendered. Notwithstanding the foregoing, the Company shall not deliver, or cause to be delivered, any securities without applicable restrictive legend pursuant to the exercise of a Warrant unless (a) a registration statement under the Act with respect to the shares of Common Stock issuable upon exercise of such Warrants is effective and a current prospectus relating to the shares of Common Stock issuable upon exercise of the Warrants is available for delivery to the Registered Holder of the Warrant or (b) in the opinion of counsel to the Company, the exercise of the Warrants is exempt from the registration requirements of the Act and such securities are qualified for sale or exempt from qualification under applicable securities laws of the states or other jurisdictions in which the Registered Holder resides. Warrants may not be exercised by, or securities issued to, any Registered Holder in any state in which such exercise or issuance would be unlawful. In addition, in no event will the Company be obligated to pay such Registered Holder any cash consideration upon exercise or otherwise “net cash settle” the Warrant.

  • Issuance of Securities The Convertible Debentures are duly authorized and, upon issuance in accordance with the terms hereof, shall be duly issued, fully paid and nonassessable, are free from all taxes, liens and charges with respect to the issue thereof. The Conversion Shares issuable upon conversion of the Convertible Debentures have been duly authorized and reserved for issuance. Upon conversion or exercise in accordance with the Convertible Debentures the Conversion Shares will be duly issued, fully paid and nonassessable.

  • Issuance of Payments Payments shall be delivered as follows:

  • Notification of Acceptance of General Offer of Terms Upon execution of Exhibit “E”, General Offer of Terms, Subscribing LEA shall provide notice of such acceptance in writing and given by personal delivery, or e-mail transmission (if contact information is provided for the specific mode of delivery), or first-class mail, postage prepaid, to the designated representative below. The designated representative for notice of acceptance of the General Office of Privacy Terms is: Name: Title: Contact Information:

  • Issuance of New Rights Certificates Notwithstanding any of the provisions of this Agreement or of the Rights to the contrary, the Company may, at its option, issue new Rights Certificates evidencing Rights in such form as may be approved by the Board of Directors to reflect any adjustment or change in the Purchase Price and the number or kind or class of shares or other securities or property purchasable under the Rights Certificates made in accordance with the provisions of this Agreement. In addition, in connection with the issuance or sale of shares of Common Stock following the Distribution Date and prior to the redemption or expiration of the Rights, the Company (a) shall, with respect to shares of Common Stock so issued or sold pursuant to the exercise of stock options or under any employee plan or arrangement, granted or awarded as of the Distribution Date, or upon the exercise, conversion or exchange of securities hereinafter issued by the Company, and (b) may, in any other case, if deemed necessary or appropriate by the Board of Directors of the Company, issue Rights Certificates representing the appropriate number of Rights in connection with such issuance or sale; provided, however, that (i) no such Rights Certificate shall be issued if, and to the extent that, the Company shall be advised by counsel that such issuance would create a significant risk of material adverse tax consequences to the Company or the Person to whom such Rights Certificate would be issued, and (ii) no such Rights Certificate shall be issued if, and to the extent that, appropriate adjustment shall otherwise have been made in lieu of the issuance thereof.

  • Notification of Acceptance of General Offer of Privacy Terms Upon execution of Exhibit “E”, General Offer of Privacy Terms, Subscribing LEA shall provide notice of such acceptance in writing and given by personal delivery, or e-mail transmission (if contact information is provided for the specific mode of delivery), or first-class mail, postage prepaid, to the designated representative below. The designated representative for notice of acceptance of the General Offer of Privacy Terms is: Name: Xxxxx Xxxxxxxx Title: Technology Director Contact Information: xxxxx.xxxxxxxx@xxxxxxxxx.x00.xx.xx (000)000-0000 xxx 000

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