Post-Transition Period. (i) If SCUSA meets each of the performance targets contemplated in Section 2.02 and Section 2.03(a)(i) regarding the Approval Rates and penetration rates, the remaining term of this Agreement through the First Break Date will become effective, subject to any other remedies, including rights of early termination, as provided in this Agreement.
Post-Transition Period. Upon commencement of any Financial Responsibility Period, all physical transactions that are Credit-Enabled Transactions shall be scheduled to BP and subsequently scheduled by BP on behalf of IDT under applicable ISO rules and procedures for ultimate delivery by IDT to Customers. Additionally, BP will submit, on behalf of IDT, all schedules required to be submitted to the ISO necessary to deliver the Energy or Related Electric Services to be sold to IDT pursuant to any outstanding Transaction. IDT is and will be obligated to accept and pay for delivery (physical or financial) of these products and volumes and any associated ISO charges or fees on the same terms accepted by BP and/or BPCNA.
Post-Transition Period. The post-transition period begins October 1, 2015. The performance targets of the Consolidated Regional E-911Communications System will be based on the Lifecycle of an Emergency Call for calls received on the emergency lines (911 lines). The County, Operator and Operational Planning/Implementation Workgroup members will collaborate to provide a recommendation to the County Administrator on the appropriate operational measures to be used to evaluate the System and establish annual performance targets to ensure incremental progress is being achieved. If an operational or efficiency performance standard is out of compliance in any month, the County shall provide a notice of non-compliance to the Operator. The County, in collaboration with the Operator, shall develop an action plan that may include changes to processes, practices and procedures; which the Operator shall implement to bring any measure back into compliance. In event the Operator is out of compliance for three (3) consecutive months, the Operator's contract may be terminated, at the discretion of the County, for failure to meet the established performance standards. In the event, the Operator's contract is terminated; the County may assume operation of the System or may choose to contract with another entity to operate the Consolidated System. PSAP employees that support the system will be transferred to the County or another operator of the System. Operational and efficiency performance standards shall be evaluated monthly using data from the previous month. Each Participating Community, Police Chief’s Association, and Fire Chief’s Association shall be provided a report on the Operator’s performance utilizing this data no later than 20 days following the end of the previous month. The County shall provide an annual report on the Operator’s performance to each Participating Community, Police Chief’s Association and Fire Chief’s Association. The Operator will be evaluated on its ability to achieve the necessary operational and efficiency performance standards, adherence to established actions and overall performance of the Consolidated Regional E-911 Communications System. Efficiency and operational measures may include the following: • Operational Cost per call for System (Target: $9.83) • Operational Cost per E911 call received (Target: $14.85) • Ninety percent (90%) of all 9-1-1 calls arriving at the Public Safety Answering Point (PSAP) during the busy hour shall be answered within ten (10) sec...
Post-Transition Period. For all Products sold after the ---------------------- expiration of the Transition Period, except as otherwise provided in the Supply Agreement, Purchaser shall be solely responsible for all administrative and financial obligations associated with any return of such Products.
Post-Transition Period. Subject to the terms and conditions of this Sections 9(c) and (d) set forth below, solely in the event that this Agreement and Executive’s employment hereunder is terminated after the Transition Period (y) by the LIN Companies Without Cause pursuant to the terms and subject to the conditions of Section 8(b) hereof; or (z) by Executive with Good Reason pursuant to the terms and subject to the conditions of Section 8(c) hereof, then:
(i) The Company shall pay to Executive a severance payment (the “Severance Payment”) in an amount equal to the sum of (A) Executive’s Base Salary in effect at the time of such termination and (B) the aggregate amount, if any, of the Performance Bonus most recently awarded to Executive pursuant to Section 5(b) prior to such termination; provided, however, that if such termination occurs prior to the award of Executive’s initial Performance Bonus under this Agreement (or the determination that no such award shall be made), the payment under this clause (B) shall be the maximum applicable Performance Bonus that would otherwise be due had Executive remained employed with the Company. The Severance Payment shall be due and payable in twenty six (26) substantially equal payments following such termination; provided, however, that the payment of the portion of the Severance Payment comprised of any Performance Bonus based upon the determination of the achievement of certain results may be deferred as necessary until the Compensation Committee has made the necessary determinations.
(ii) In addition, during the twelve-month period following a termination giving rise to the Severance Payment, the Company shall continue to pay the employer’s normal portion of the costs of Executive’s health and dental insurance premiums in an amount consistent with that paid on the date of termination, provided that Executive chooses to participate in COBRA or a similar health insurance continuation program and provides the Company with proof of such participation. If Executive chooses to receive COBRA coverage from the Company’s group health plans during this twelve-month period, such coverage shall count toward the maximum coverage period permitted under such plan.
(iii) The vesting of all Prior Options and Awards which are not otherwise exercisable or vested as of the effective date of termination shall accelerate and each such Prior Option and Award shall be deemed fully vested and exercisable as of the effective date of such termination.
Post-Transition Period. After the Transition Period, WebMD shall have no further obligation to provide data to Quintiles, nor shall WebMD initiate action with a court or governmental authority that is intended to restrict, prohibit, or otherwise impair Quintiles' use of data provided on or prior to February 28, 2002; provided, however, that nothing in this Section 4 or elsewhere in this Agreement shall be construed to prevent WebMD from (i) responding truthfully to inquiries from third parties; (ii) providing documents, information or testimony in response to subpoenas and other requests from governmental authorities or in connection with judicial or administrative proceedings; or (iii) raising any claim or defense in connection with enforcement or other actions initiated by governmental authorities or lawsuits filed by consumers, customers or other parties.
Post-Transition Period. During the period commencing January 1, 1999, and ending on Decexxxx 00, 0000, Xxxxx xxxll, subject to election by the Board of Directors, serve as Chairman of the Board of Directors and shall consult with the Company as determined by the Chief Executive Officer of Huffy and approved by the Board of Directors. Molex xxxll meet with the Chief Executive Officer each January, beginning January, 1999, and review and agree on the various responsibilities, projects or assignments to be undertaken by Molex xxxing that period, including, without limitation, responsibilities in assisting the Chief Executive Officer with Management transition and liaison with the Board of Directors. Such responsibilities, projects or assignments, number of days to be worked and such allocation of the days to be worked, and secretarial assistance needed, if any, shall be subject to review and approval by the Board of Directors. During such period, Molex xxxll receive, as consulting fees for such work, a monthly amount computed by dividing his annual base salary on December 31, 1998, by twelve (12) and then multiplying the result by the following appropriate percentage: DURING THE PERIOD PERCENTAGE ----------------- ---------- January 1, 1999 - December 31, 1999 66 2/3% January 1, 2000 - December 31, 2000 33 1/3% In addition, Molex xxxll also receive the following compensation.
(i) Under the Huffy Profit Sharing Bonus Plan, (i) on or about March 1, 2000, an amount equal to 66 2/3%, and (ii) on or about March 1, 2001, an amount equal to 33 1/3% of the Huffy Profit Sharing Bonus earned by Molex, xx any, in 1998 and paid in 1999.
(ii) Under the Long Term Incentive Plan, 100% of the payment, if any, earned by Molex xxx the award cycle ending December 31, 1998 and 66 2/3% of the payment, if any, that would have been earned by Molex xx Chief Executive Officer for the award cycle ending December 31, 1999. The benefit for each such award cycle shall be determined in accordance with the plan and paid to Molex xxxn paid to other Huffy Officers. On and after his retirement on December 31, 1998, Molex xxxll be entitled to receive the retirement benefits then provided under the provisions of the Huffy Salaried Employees' Retirement Plan and the Huffy Supplemental/Excess Benefits Plan. In addition, Molex xxxll be entitled to participate in the employee health care plan and in life, AD&D and travel insurance on the same basis as other early retirees under the Huffy Salaried Employees' Retirement Pla...
Post-Transition Period. After the Final Implementation Date for the Designated Zone, the Company shall enter true and accurate updates of customer lists to the Department on a weekly basis, by entering the required data on the Department’s Portal, in the form and manner directed by the Department.
Post-Transition Period. Following the Transition Period, any Award granted under the Plan that is intended to be “performance-based compensation” under Section 162(m) of the Code, shall be subject to the approval of the material terms of the performance goals under the Plan by a majority of the stockholders of the Company in accordance with Section 162(m) of the Code and the regulations promulgated thereunder. FOR GOOD AND VALUABLE CONSIDERATION, Annie’s, Inc. (the “Company”) has granted on the Date of Grant (set forth below), pursuant to the provisions of the Company’s Omnibus Incentive Plan, as may be amended from time to time (the “Plan”), to the Participant designated in this Notice of Grant of Stock Option Award (the “Notice”) an option to purchase the number of shares of the common stock of the Company set forth in the Notice (the “Shares”), subject to certain restrictions as outlined below in this Notice and the additional provisions set forth in the attached Terms and Conditions of Stock Option Award (collectively, the “Agreement”). Optionee: Date of Grant: Exercise Price per Share: $ Type of Option: Non-Qualified Stock Option
Post-Transition Period. Upon termination or expiration of this Agreement for any reason, each Party agrees to reasonably assist the other Party with any transition activities required as a result of any termination or expiration of this Agreement so as to avoid disruption of the ordinary course of the other Party's business. Any obligations of the Parties hereunder are conditioned on receiving timely written notice from the other Party for the transition assistance contemplated hereunder and the reimbursement of any costs required to provide such requested transition activities. Except as provided herein, the Parties shall not be required to provide any transition assistance under this Section I.C.4 for more than two (2) months following the effective date of the termination or expiration of this Agreement. The two
