Minimum Number of Employees Sample Clauses

Minimum Number of Employees. (i) Not less than 75% of all auctioneers listed on Schedule 6.02(j)(A) and 80% of all sales representatives listed on Schedule 6.02(j)(B), shall have accepted the Purchaser's offer of employment pursuant to Section 5.06(a), (ii) Robexx Xxxxxxx, Xxeg Xxxxx, Xxotx Xxxxx, Xxchxxx Xxxx xxx Gary Xxxxxxx, xxall have accepted such offer of employment, as evidenced, in each case, by such Employees having executed the Purchaser's employment agreement in substantially the form attached as Exhibit G hereto (the effectiveness of which shall be conditioned upon the consummation of the Closing). Neither the failure of any of the persons referenced in clause (ii) in this Section 6.02(j) to pass any of the drug or medical exams under the terms of such person's employment agreement with the Purchaser, nor the death or disability of any such person prior to the Closing Date shall cause the Sellers to fail to meet the conditions set forth in this Section 6.02(j), which persons shall be treated as though they accepted employment hereunder.
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Minimum Number of Employees. The Owner shall use its commercially reasonable best efforts to meet direct hiring job goals of a minimum of 1,300 employees (minimum 953 full-time jobs (i.e., working at least 35 hours per week) and 347 part time jobs) at the Project upon Final Completion, and thereafter to provide meaningful Project employment opportunities necessary to sustain prudent business operations in accordance with revenues. The employment totals do not include the approximately 200 employees of onsite third party companies operating a business at the Project. In the event of a partial or total shutdown of the Project as a result of an event of Force Majeure, Owner shall not be required to meet the commitments contained in this subsection for any such period in which a partial or total shutdown of the Project occurs.
Minimum Number of Employees. Caesars Virginia agrees to employ a minimum number of employees, based on current labor models, either as employees or as independent contractors, during the development stage of the Project and upon Final Completion of the Project. During the development stage (based on a two-year development period), it is expected that a minimum of 900 individuals on an annualized basis will perform work related to the development of the Xxxxxxxxxxx Property and construction of the Project. Upon Final Completion, Caesars Virginia aims to employ one thousand three hundred (1,300) (but not less than nine hundred (900)) full-time equivalent (FTE) employees on an annualized basis, toward which figure shall be counted any individuals employed in conjunction with the Project by the regional and/or local culinary expert (as described in Section 3(b) above) provided that the wage floor and benefits requirements (set forth in Section 3(h) below) are satisfied with respect to such employees. In the event of a partial or total shutdown of the Project as a result of a natural disaster, pandemic, endemic, or other emergency situation, Caesars Virginia shall not be required to meet the commitments contained in this subsection for any such year in which a partial or total shutdown of the Project occurs. Caesars Virginia will also use its Commercially Reasonable Efforts to recruit such candidates for employment with a commitment to training, development and retention of same and to host multiple job fairs in the community.

Related to Minimum Number of Employees

  • Number of Employees The Union and the Employer agree that no more than one (1) position in each program shall be covered by a Job Sharing Agreement at any one time. No more than two (2) employees may share one (1) full-time position. The position being shared shall remain a regular full-time position within the bargaining unit.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Target Bonus Executive will be eligible to receive an annual bonus of up to forty percent (40%) of Executive’s Base Salary, less applicable withholdings, upon achievement of performance objectives to be determined by the Board in its sole discretion (the “Target Bonus”). The Target Bonus, or any portion thereof, will be paid as soon as practicable after the Board determines that the Target Bonus has been earned, but in no event shall the Target Bonus be paid after the later of (i) the fifteenth (15th) day of the third (3rd) month following the close of the Company’s fiscal year in which the Target Bonus is earned or (ii) March 15 following the calendar year in which the Target Bonus is earned.

  • Minimum Salaries 12.1 The minimum base salary for all Bargaining Unit members shall be as follows: 12.2 The minima defined in this Article shall apply to AAUP-represented adjuncts on a pro-rated basis proportional to their percent of full- time.

  • Estimated Number of Participating Households Approximately 6,460. This figure is based on loans with unpaid principal balances ranging from $200,000 to $400,000 with an average funding of $5,000.00.

  • Longevity Bonus After twenty (20) years of continuous service, an employee will receive a longevity bonus of seven hundred dollars ($700) per year, payable in one lump sum by the second pay period following the employee's anniversary date.

  • Annual Incentive The Employee shall be entitled to receive a percentage of the Employee's Target Incentive for the calendar year in which such termination occurs. Such percentage shall equal a fraction, the numerator of which shall be the number of days in such calendar year up to and including the date of such termination and the denominator of which shall be the number of days in such calendar year. Such amount shall be payable according to the normal practice of the Company with respect to the payment of bonuses.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION [Not applicable in School District No. 62 (Sooke)]

  • Reporting of Total Compensation of Subrecipient Executives 1. Applicability and what to report. Unless you are exempt as provided in paragraph d. of this award term, for each first-tier subrecipient under this award, you shall report the names and total compensation of each of the subrecipient's five most highly compensated executives for the subrecipient's preceding completed fiscal year, if-- i. in the subrecipient's preceding fiscal year, the subrecipient received-- (A) 80 percent or more of its annual gross revenues from Federal procurement contracts (and subcontracts) and Federal financial assistance subject to the Transparency Act, as defined at 2 CFR 170.320 (and subawards); and (B) $25,000,000 or more in annual gross revenues from Federal procurement contracts (and subcontracts), and Federal financial assistance subject to the Transparency Act (and subawards); and ii. The public does not have access to information about the compensation of the executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d)) or section 6104 of the Internal Revenue Code of 1986. (To determine if the public has access to the compensation information, see the U.S. Security and Exchange Commission total compensation filings at xxxx://xxx.xxx.xxx/answers/execomp.htm.) 2. Where and when to report. You must report subrecipient executive total compensation described in paragraph c.1. of this award term: i. To the recipient. ii. By the end of the month following the month during which you make the subaward. For example, if a subaward is obligated on any date during the month of October of a given year (i.e., between October 1 and 31), you must report any required compensation information of the subrecipient by November 30 of that year.

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