Long Term Service Sample Clauses

Long Term Service. FCE represents that it is the uniform global policy of FCE to require the purchaser of the FCE Product to also purchase a long term service contract. POSCO Power agrees that it will require the purchaser of the FCE Products to also purchase a long-term service contract. The commercial terms and conditions, including pricing, shall be negotiated by POSCO Power in consultation with FCE, using the LTSA as a guide. FCE further agrees that, beginning on the third anniversary from the Effective Date of this Agreement, and provided that POSCO Power (or NewCo if applicable) has met FCE’s requirements to become a factory certified service provider, which determination shall be made in good faith, it shall appoint POSCO Power as the sole provider of service support for all POSCO Products, POSCO Parts and FCE Products (excluding the Fuel Cell Stack Modules) in Korea and as a provider of service support for all POSCO Products and POSCO Parts in the Non-Exclusive Territory, it being understood and agreed that, any outstanding long-term service contract of FCE in the Korean Market shall be assigned to POSCO Power, to the extent such assignment is permitted pursuant to any such contract.
AutoNDA by SimpleDocs
Long Term Service. Agreement between Avista Corporation, NorthWestern Energy, Talen Montana, LLC, PacifiCorp, Portland General Electric Company and Puget Sound Energy, Inc. (the “Pumping Station Agreement”), provided, in the event the Pumping Station Agreement is terminated before the Closing any successor agreement(s) then in effect.
Long Term Service. 7.2.1. The Administrator, in order to stimulate consumer demand for the use of the ARTESSERE Edutainment Subscription Service, may provide the consumer/User the opportunity to purchase the ARTESSERE Edutainment Subscription Service in the following package offers at special prices: 30 (thirty) days subscription; 180 (one hundred and eighty) days subscription; 365 (three hundred and sixty five) days subscription or other long period of time specified on the Service.
Long Term Service. Recognition – on January 1st of each year following attainment of their leave service anniversary date, regular employees will also receive: Floating Holiday (one additional) - completion of 15 years of service Floating Holiday (a second additional) - completion of 20 years of service Floating Holiday (a third additiona1) - completion of 25 years of service Regular full-time and regular part-time employees who have completed the probationary period (prior to September 1) will be credited with two (2) floating holidays annually. These holidays shall be used at the employee's discretion with prior approval of the appointing authority. Employees must take the floating holidays during the calendar year. If the employee timely requests to use a floating holiday and is denied by the appointing authority, the day will carry over to the next calendar year and must be used before taking a full day of annual leave.

Related to Long Term Service

  • Long-Term Incentives Executive shall be eligible to receive grants of long-term incentives, such as stock options, stock appreciation rights, restricted stock, rights to acquire stock or other securities of the Company or cash, all as commensurate with his position, and to the extent permitted by and in accordance with the terms of the Company’s long-term incentive plan or plans as in effect from time to time.

  • Long-Term Incentive The Company shall provide Employee an opportunity to participate in the Company’s applicable long term incentive plan as it may or may not exist from time to time.

  • Long-Term Disability The Employer agrees to provide Long Term Disability benefits for active full-time employees after fifty-two (52) weeks if an Employee is unable to perform any occupation (reasonably suited by means of training, education or experience). The Plan will provide for sixty-six and two thirds percent (66 2/3%) of an Employee's basic monthly earnings to a maximum of $1,500.00. Coverage would cease the date an Employee attains normal retirement age.

  • Long-Term Incentive Plans During the Employment Period, the Executive shall be eligible to participate in any long term incentive compensation plan maintained by the Company on the terms established from time to time by the Board or the Compensation Committee of the Board, as applicable.

  • Long Term Incentive Plan The Executive shall be entitled to participate in the Company’s long-term incentive plan in accordance with its terms that may be in effect from time to time and subject to such other terms as the Board, in its sole discretion, may approve.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!