Management of Stock Sample Clauses

Management of Stock. The Supplier is responsible for the management of the stock levels of the Products and must undertake a stocktake of the Products on at least a monthly basis, in the presence of an Epworth representative. Such stocktakes must include making a record of any short dated or expired Products. At the completion of the stocktake, both parties must agree upon any discrepancies found and must sign the record of the stocktake. The Supplier must provide Epworth with a stocktake report within 7 days of the stocktake. If a stocktake of the Products reveals that there are Products lost that are not otherwise accounted for, the parties must work together to determine the source of the discrepancy within 30 days. If Epworth agrees that Products were delivered and have been lost at the Epworth site, an official purchase order will be provided by Epworth and the Supplier may invoice Epworth for the lost Products, however, it must do so within 30 days of the stocktake that revealed the discrepancy. For the avoidance of doubt, the Supplier is not entitled to invoice Epworth for any lost Products after 30 days from the discovery of the discrepancy. Removal of Products The Supplier must not remove any Products from an Epworth site without the written approval of a Epworth representative. It will be a material breach of this Agreement if the Supplier removes Products from an Epworth site other than in accordance with the terms of this Agreement. Epworth may, at any time, require the Supplier to collect any unused Products at the Supplier’s expense as soon as is reasonably practicable after receipt of a written request from Epworth. The Supplier must immediately remove (at its expense) any Products from Epworth sites that have expired or are short dated. Expired and short dated stock is the responsibility of the Supplier, and Epworth will not be liable to pay for any item of expired or short dated stock. In addition, if Epworth reasonably believes that any Products are not capable of use, the Supplier must (at its expense) collect such Products as soon as is reasonably practicable after receipt of a written request from Epworth. In the case of Products which Epworth reasonably believes are not capable of use, the Supplier will (at its expense) collect such Products as soon as is reasonably practicable after receipt of a written request from Epworth.
Sample 1
AutoNDA by SimpleDocs
Management of Stock in Agent’s hands Edit these practical arrangements as you require.
Sample 1
Management of Stock 
Sample 1

Related to Management of Stock

  • Grant of Stock The Company hereby grants to Executive an aggregate of ___________ shares of Restricted Stock (the “Shares”), subject to vesting as provided in Section 2.

  • Grant of Stock Award In accordance with the Plan, and effective as of , 2013 (the “Date of Grant”), the Company granted to the Participant, subject to the terms and conditions of the Plan and this Agreement, a Stock Award of shares of Common Stock (the “Stock Award”).

  • Treatment of Stock Options 6 ARTICLE III.

  • Grant of Stock Units Pursuant to the terms and conditions set forth in this Stock Award Agreement (including Section 1 above) and the Plan, the Administrator hereby grants to the Awardee named in Section 1, on the Grant Date set forth in Section 1, the number of Stock Units set forth in Section 1.

  • Replacement of Shares If any certificate or instrument evidencing any Shares is mutilated, lost, stolen or destroyed, the Company shall issue or cause to be issued in exchange and substitution for and upon cancellation thereof (in the case of mutilation), or in lieu of and substitution therefor, a new certificate or instrument, but only upon receipt of evidence reasonably satisfactory to the Company of such loss, theft or destruction. The applicant for a new certificate or instrument under such circumstances shall also pay any reasonable third-party costs (including customary indemnity) associated with the issuance of such replacement Shares.

  • Treatment of Shares Section 2.1 Effect of the Merger on Capital Stock.............................2 Section 2.2 Exchange of Certificates..........................................6

  • Payment of Shares At or prior to the time of delivery of any of our shares you will pay or cause to be paid to the Custodian, for our account, an amount in cash equal to the net asset value of such shares. In the event that you pay for shares sold by you prior to your receipt of payment from purchasers, you are authorized to reimburse yourself for the net asset value of such shares from the offering price of such shares when received by you.

  • Reservation of Stock The Company will at all times reserve and keep available, solely for issuance and delivery upon the exercise of this Warrant, such number of Warrant Shares and other securities, cash and/or property, as from time to time shall be issuable upon the exercise of this Warrant.

  • RESERVATION OF STOCK, ETC ISSUABLE ON EXERCISE OF WARRANT; FINANCIAL STATEMENTS. The Company will at all times reserve and keep available, solely for issuance and delivery on the exercise of the Warrants, all shares of Common Stock (or Other Securities) from time to time issuable on the exercise of the Warrant. This Warrant entitles the Holder hereof to receive copies of all financial and other information distributed or required to be distributed to the holders of the Company's Common Stock.

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

Time is Money Join Law Insider Premium to draft better contracts faster.