Minimum Service Required Sample Clauses

Minimum Service Required. The condition to vesting based on the Grantee’s continued service shall be satisfied only if: (1) the Grantee is Employed in the same position or in a capacity of equal or greater responsibility on January 5, 2017; (2) incurred a Termination of Service while so Employed on or after December 31, 2015 by reason of the Grantee’s death, Disability, or Retirement as defined in the Plan; or, (3) to the extent provided in Section 14.1 of the Plan, incurred a Termination of Service on or after the date of a Change in Control of the Corporation that occurs after the Date of Grant.
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Minimum Service Required. The condition to vesting based on the Grantee’s continued service shall be satisfied only if the Grantee is Employed in the same position or in a capacity of equal or greater responsibility on ________, 2___, or incurred a Termination of Service while so Employed, by reason of the Grantee’s death, Disability, or Retirement as defined in the Plan, or, to the extent provided in Section 14.1 of the Plan, a Change in Control of the Corporation.
Minimum Service Required. The condition to vesting based on the Grantee’s continued service shall be satisfied only if the Grantee is Employed in the same position or in a capacity of equal or greater responsibility at the end of the Vesting Period or incurred a Termination of Service while so Employed by reason of the Grantee’s death, Disability, or Retirement as defined in the Plan; or, to the extent provided in Section 14.1 of the -2- Plan, a Change in Control of the Corporation. Notwithstanding anything in paragraph 3.a. to the contrary, in the event that the Grantee incurs a Termination of Service while so employed prior to the end of the Vesting Period by reason of the Grantee’s death, Disability, or Retirement as defined in the Plan and the financial performance of the Corporation condition set forth in paragraph 3.a. above is met, the Grantee shall vest in the Units on a pro rata basis based on the number of days employed during the period beginning on the Date of Grant and ending on the date of Termination of Service, over the total number of days in the Vesting Period. Vested Units will be rounded to the next highest whole unit.
Minimum Service Required. The condition to vesting based on the Grantee's continued service shall be satisfied only if the Grantee has not incurred a Termination of Service on or before December 31, ______, except in case of a Termination of Service by reason of the Grantee's death, Disability, or Retirement, or, to the extent provided in Section 12.1 of the Plan, a Change in Control of the Corporation.

Related to Minimum Service Required

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • Service Requirements Grantee shall:

  • SPECIALIZED SERVICE REQUIREMENTS In the event that the Participating Entity requires service or specialized performance requirements not addressed in this Contract (such as e- commerce specifications, specialized delivery requirements, or other specifications and requirements), the Participating Entity and the Supplier may enter into a separate, standalone agreement, apart from this Contract. Sourcewell, including its agents and employees, will not be made a party to a claim for breach of such agreement.

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

  • Invoice Requirements Contractor hereby waives the right to enforce any term which contradicts or modifies any term of the solicitation or any Contract that may result, including subsequent amendments to the Contract, or would result in an unencumbered expense if enforced against the state. Contract quote and invoice must contain, at a minimum:

  • Coverage Minimum Requirement Commercial General Liability Insurance, including Bodily Injury, Personal Injury, Property Damage, Advertising Injury, and Medical Payments Each Occurrence General Aggregate $ 1,000,000 $ 2,000,000 Automobile Liability Insurance - Any Auto Each Occurrence General Aggregate $ 1,000,000 $ 2,000,000 Professional Liability $ 1,000,000 Workers Compensation Statutory Limits Employer’s Liability $ 1,000,000

  • Performance Requirements A. There is no guaranteed minimum amount of work which will be ordered under this Contract. B. The total Contract amount will not exceed $4,900,000. C. This is a Contract for work specified in individual Job Orders. Work ordered prior to but not completed by the expiration of the Contract period, and any additional work required as a result of unforeseen conditions encountered during construction up to six (6) months after the contract expiration date, will be completed with all provisions of this Contract still in force. Performance time for each Job Order issued under this Contract will be determined in accordance with the Contract. This performance time will be determined and agreed upon by both Parties for each individual Job Order. Contractor must self-perform 20% of the Work under this Contract for ‘A’ and ‘B’ licenses. Contractor must self-perform 75% of the Work under this Contract, unless otherwise approved by the County, for ‘C’ licenses. D. This is an indefinite-quantity Contract for the supplies or services specified and effective for the period stated. Work or performance shall be made only as authorized by Job Orders issued in accordance with the ordering procedures clause. The Contractor agrees to furnish to the County when and if ordered, the supplies or services specified in the Contract up to and including the quantity designated in the Job Orders issued as the maximum designated in the Contract.

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties to this Agreement of its intent to terminate which notice shall set forth the basis for such termination. Furthermore, in the event that any termination is based upon the provisions of Article VII, or the provision of Section 10.1(a), 10.1(i) or 10.1(j) of this Agreement, such prior written notice shall be given in advance of the effective date of termination as required by such provisions; and

  • Service Requests In support of services outlined in this Agreement, the Service Provider will respond to service related incidents and/or requests submitted by the Customer within the following time frames:

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage:

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