One-Year Buy Back Sample Clauses

One-Year Buy Back. If the Agreement is terminated by me or by Plexus, Plexus will repurchase (less appropriate set offs, legal claims, if any, and a $15.00 re stocking fee) currently marketable Products purchased for resale, promotional materials, sales aids, tools, and kits purchased by me in the twelve (12) months prior to the date on which my Agreement is terminated. Products are “currently marketable” if they are commercially reusable and within the applicable shelf-life period. If Plexus advised me when I purchased them that the Products were seasonal, discontinued, or special promotion Products I may not return them for buy- back.
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One-Year Buy Back. I acknowledge that if I terminate this Agreement, Plexus will repurchase on reasonable commercial terms currently marketable inventory, in the possession of and purchased by me for resale prior to termination date of my business relationship with Plexus. For purposes of this Policy, “reasonable commercial terms” shall include repurchase of currently marketable inventory purchased within 12 months from my date of termination less appropriate set offs, legal claims and a $15.00 restocking fee. Products shall not be considered “currently marketable” if returned for repurchase after the productscommercially reasonable usable or shelf life period has passed; nor shall products be considered “currently marketable” if Plexus clearly discloses prior to purchase that the products are seasonal, discontinued, or special promotion products and are not subject to the repurchase obligation. If I am in breach of this Agreement, Plexus reserves the right to stop or delay the buy back process.

Related to One-Year Buy Back

  • Qualifying Period If a regular employee is promoted or transferred to a position, then that employee shall be considered a qualifying employee in her new position for a period of ninety (90) calendar days. If a regular employee is promoted or transferred to a position either within or outside the certification and is found to be unsatisfactory, she shall be returned to her previously held position. If a regular employee is promoted to a position, either within or outside the certification, and finds the position to be unsatisfactory, she shall be returned to her previously held position.

  • One Year All full-time employees who have been continuously employed by the Employer for one (1) year shall receive one (1) week’s vacation with full pay.

  • Unpaid Leave - After Three Years For every three (3) years' continuous service, an employee may request, in writing, an extended unpaid leave of absence, giving the longest possible advance notice. Every reasonable effort shall be made to comply with such requests providing that replacements to ensure proper operation of the Employer's business can be found. Notice of the Employer's decision shall be in writing.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • Xxxxx Period After payment of the first Dues, the Subscriber is entitled to a grace period of 30 days for the pay- ment of any Dues due. During this grace period, the Agreement will remain in force. However, the Sub- xxxxxxx will be liable for payment of Dues accruing during the period the Agreement continues in force.

  • Leave Allowed Before Due Date 7.1.10(a) An employer may allow an employee to take annual leave either wholly or partly in advance before the leave becomes due. In such case, a further period of annual leave will not commence to accrue until after the expiration of the 12 months in respect of which the annual leave or part of it had been taken before it accrued.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • TAX LIMITATION ELIGIBILITY In order to be eligible and entitled to receive the value limitation identified in Section 2.4 for the Qualified Property identified in Article III, the Applicant shall:

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Period of Continuous Service Period of Notice Up to 1 Year 1 Week More than 1 Year but less than 3 Years 2 Weeks More than 3 Years but less than 5 Years 3 Weeks More than 5 Years 4 Weeks

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