Notice of Participation. To be eligible for the provisions of this article, an em- ployee must notify the Superintendent or his/her designee, in writing, by October 1st of his/her intention to participate in this matching program and the amount of the employee’s contribu- tion. This notice shall continue from year to year at the specified amount unless the employee notifies the Superintendent or his/her designee, in writing, otherwise.
Notice of Participation. Eligible teachers must give written notice of their intent to participate and retire no later than March 25, of the current school year, subject to the right to withdraw the notice of participation and retirement at any time before March 25, of the current school year. Notwithstanding the foregoing, retirement at other times may be allowed and will be allowed at other times when a teacher is eligible for disability retirement.
Notice of Participation. Each Purchaser holding Series Preferred or Common Stock shall have the right, exercisable upon written notice to the Company within fifteen (15) calendar days after the Notice is given, to participate in such sale of Co-Sale Stock on the same terms and conditions. Such notice shall indicate the number of shares of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock or Common Stock such Purchaser wishes to sell under his or her right to participate. To the extent one or more Purchasers exercises such right of participation in accordance with the terms and conditions set forth in this Section 6, the number of shares of Co-Sale Stock that may be sold in the transaction shall be computed as set forth below. Each Purchaser desiring to participate shall be referred to as a "Participant". If one or more Purchasers become Participants, each Participant shall sell that number of shares of Series Preferred or Common Stock equal to the product obtained by multiplying (a) the aggregate number of shares of Co-Sale Stock by (b) a fraction the numerator of which is the number of shares of Series Preferred or Common Stock owned by the Participant or the Section 6 Selling Purchaser, as the case may be, at the time of the sale of the transfer (on an as-converted to Common Stock basis) and the denominator of which is the total number of shares of Series Preferred or Common Stock owned by all Participants and the Section 6 Selling Purchaser at the time of the sale or transfer (on an as-converted to Common Stock basis).
Notice of Participation. To be eligible for the provisions of this article, a teacher must notify the District Office, in writing, by September 1 of each year, of his/her intention to participate in this matching program and the amount of the teacher’s contribution. This notice shall continue from year to year at the specified amount unless the teacher notifies the District Office, in writing, otherwise.
Notice of Participation. To be eligible for the provisions of this article, an employee must notify the School District, in writing, by the Friday preceding Labor Day of his/her intention to participate in this matching program and the amount of the employee’s contribution. This notice shall continue from year to year at the specified amount unless the employee notifies the district office, in writing, otherwise.
Notice of Participation. The School District shall notify eligible employees of their eligibility to participate in the matching deferred compensation plan (subject to eligibility as determined in Section 1). Those newly eligible for the provisions of this article must notify the School District, in writing, by September 8th of their intention to participate in this matching program and the amount of the coordinator's contribution by submitting a signed salary reduction form to the Business office. This notice shall continue from year to year at the specified amount unless the coordinator notifies the School District, in writing, otherwise. Failure to participate in any given year shall result in the loss of benefit for that year, which cannot be made up in subsequent years. If the employee stops their contribution at any time during the year, the plan cannot be reinstated until the following year.
Notice of Participation. The Parties receiving such notice shall have thirty (30) clear days after the receipt of such notice within which to notify the Desiring Party or Parties whether they elect to participate in the drilling of the said well at the said location. Failure of any Party receiving such notice to notify whether or not it elects to participate within the said period of thirty (30) clear days shall be deemed a refusal on its part of its right to participate in the drilling of the proposed well.
Notice of Participation. The Investor shall provide written notice (the "Participation Notice") to the Company of its desire to sell Common Stock to the Strategic Investor no less than 15 days prior to the Strategic Investment Date. The Participation Notice shall set forth the number of shares of Common Stock that the Investor elects to include in the sale to the Strategic Investor. The Participation Notice shall constitute the Investor's binding agreement to sell the shares of Common Stock specified in the Participation Notice on the terms and conditions applicable to the Strategic Investment; provided, however, that in the event that there is any material change in the material terms and conditions of such Strategic Investment applicable to the Investor (including, but not limited to, any decrease in the purchase price that occurs other than pursuant to an adjustment mechanism set forth in the agreement relating to the Strategic Investment) after the Investor gives its Participation Notice, then, notwithstanding anything herein to the contrary, the Investor shall have the right to withdraw from participation in the Strategic Investment with respect to all of its shares of Common Stock affected thereby.
Notice of Participation. Each Shareholder shall have the right, exercisable upon written notice (the “Tag-Along Exercise Notice”) to the Company and the Class B Selling Shareholder within 15 calendar days after the Tag-Along Notice is given, to participate in such Transfer of Tag-Along Stock on the same terms and conditions offered to the Class B Selling Shareholder, subject to any required regulatory approvals. Each Shareholder desiring to participate shall be referred to as a “Tag-Along Participant”. Such Tag-Along Exercise Notice shall acknowledge that the consideration received by the Tag-Along Participants shall be the same consideration per share to be received by the Class B Selling Shareholder, and the terms and conditions of such Transfer shall be the same as those upon which the Class B Selling Shareholder Transfers its Class B Shares; provided, however, that: (i) each Tag-Along Participant shall be solely liable with respect to any representations and warranties regarding (A) such Tag-Along Participant’s title and ownership of such Tag-Along Participant’s Class A Shares; (B) the authorization, execution and delivery of relevant documents by such Tag-Along Participant; and (C) the enforceability of such relevant documents against such Tag-Along Participant; (ii) any general indemnity given by any Tag-Along Participants applicable to liabilities not specific to a particular Tag-Along Participant shall be apportioned on a pro rata basis among the Tag-Along Participants and the Class B Selling Shareholder in accordance with the number of Ordinary Shares Transferred by each; (iii) no Tag-Along Participant shall be liable to indemnify the Tag-Along Purchaser or its Affiliates with respect to an amount in excess of the net cash proceeds paid to such Tag-Along Participant in connection with such Transfer; and (iv) if required by the Transfer agreement and reasonably described in the Tag-Along Notice, any escrow of proceeds shall be withheld on a pro rata basis among the Class B Selling Shareholder and the Tag-Along Participants in accordance with the number of Ordinary Shares Transferred by each.
Notice of Participation. Each Purchaser of Series B Preferred Shares and Subordinated Notes shall have the right, exercisable upon written notice to the Company within fifteen (15) calendar days after the Notice, to participate in such sale of Co-Sale Stock on the same terms and conditions. If the Co-Sale Stock is Common Stock, then each such Purchaser may sell all or any part of that number of Common Stock equal to the product obtained by multiplying (a) the aggregate number of shares of Co-Sale Stock by (b) a fraction the numerator of which is the number of shares of Common Stock owned by such Purchaser at the time of the sale or transfer (on an as-converted to Common Stock basis) and the denominator of which is the total number of shares of Common Stock owned by such Purchasers at the time of such sale or transfer (on an as-converted to Common Stock basis). If the Co-Sale Stock is Series C Preferred Stock, then each Purchaser may sell all or any part of that number of Series B Preferred Shares or Subordinated Notes equal to the product obtained by multiplying (x) the aggregate number of shares of Co-Sale Stock by (y) a fraction the numerator of which is the number of Series B Preferred Shares, including the Subordinated Notes on an as-converted basis, owned by such Purchaser at the time of the sale or transfer and the denominator of which is the total number of Series B Preferred Shares, including the Subordinated Notes on an as-converted basis, owned by such Purchasers at the time of such sale or transfer. Such notice shall indicate the number of Series B Preferred Shares, Subordinated Notes, or Common Shares such Purchaser wishes to sell under his or her right to participate. To the extent one or more Purchasers exercises such right of participation in accordance with the terms and conditions set forth in this Section 6, the number of shares of Co-Sale Stock that may be sold in the transaction shall be correspondingly reduced.
