Purpose of Award. The Award is intended to promote goodwill between the Participant and the Company and shall not be considered as salary or other remuneration for any employment or other services the Participant may perform for the Company or any of its affiliates. The Company's grant of the Award does not confer any contractual or other rights of employment or service with the Company. Benefits granted under the Plan shall not be considered as part of the Participant's salary in the event of severance, redundancy or resignation. Granting of the Award shall also not be construed as creating any right on the part of Participant to receive any additional benefits including awards in the future, it being expressly understood and agreed that any future awards shall be made solely at the discretion of the Company.
Purpose of Award. The purpose of the Plan pursuant to which your shares of Dexia Restricted Stock have been awarded is to enable the Company to retain and attract executives and employees who will contribute to the Company’s success by their ability, ingenuity and industry, and to enable such executives and employees to participate in the long-term growth of the Company and Dexia by obtaining a proprietary interest in the Company or Dexia and/or the cash equivalent thereof.
Purpose of Award. The purpose of the Plan pursuant to which this award of Performance Shares has been granted is to enable the Company to retain and attract executives and employees who will contribute to the Company’s success by their ability, ingenuity and industry, and to enable such executives and employees to participate in the long-term growth of the Company and Dexia S. A. by obtaining a proprietary interest in the Company or Dexia S. A. and/or the cash equivalent thereof.
Purpose of Award. B.2.1 The Recipient shall use the Award only for the delivery of the programme/project and in accordance with the terms and conditions set out in this Agreement.
B.2.2 The Recipient shall not make any material change to the scope of the programme/project without the Authority's prior written agreement.
B.2.3 Where the Recipient intends to apply to a third party for other funding for the programme/project, it will notify the Authority in advance of its intention to do so and, where such funding is obtained, it will provide the Authority with written details of the amount and purpose of that funding. The Recipient agrees and accepts that it shall not apply for duplicate funding in respect of any part of the or any related administration costs that the Authority is funding in full under this Agreement.
B.2.4 Subject to clause B.2.3 above, where the Recipient has obtained funding from a third party in relation to its delivery of the Programme/project (including without limitation funding for associated administration and staffing costs), the amount of such funding shall be included in this Funding Agreement (and clearly identified as third party funding) together with a clear description of what that funding shall be used for and any relevant obligations or duties owed to the fund provider. For the avoidance of doubt, in the event of default or other liability to any third party by the Recipient, the Authority will not become liable on behalf of the Recipient in this regard.
Purpose of Award. The purpose of this Award is to provide an inducement material to the Optionee entering into employment with the Company. This Award is intended to encourage ownership in the Company by an individual whose long-term employment or other service relationship with the Company is considered essential to the Company’s continued progress and, thereby, encourage the recipient to act in the shareholders’ interest and share in the Company’s success. This Award is intended to be exempt from the shareholder approval requirements pursuant to the “inducement grant exception” provided by Rule 5635(c)(4) of the Nasdaq Listing Rules.
Purpose of Award. The purpose of this grant is for the general support of Grantee in providing funding for Grantee’s management organization that supports all of the charter schools operated by the Grantee in carrying out its charitable tax-exempt purposes (the “Project”). This Grant Award Agreement summarizes the terms and conditions pursuant to which the Grantor has awarded this grant to Grantee.
Purpose of Award. 1.1 Please summarise the intended improvement in healthcare that this research award will facilitate, what is the theory of change underpinning the project, and what do you anticipate learning from the project?
Purpose of Award. Subject to terms and conditions set forth in this MOU, SQACC agrees to employ funds awarded through this agreement to support programs and services designed to serve the Latinx community. This agreement authorizes SQACC to use Grant funds to achieve these objectives and expenses outlined in Article 3.
Purpose of Award. Subject to terms and conditions set forth in this MOU, the YWCA agrees to employ funds awarded through this agreement to support increased vaccination for communities of color and, in turn, the County as a whole. This agreement authorizes YWCA to use Grant funds to achieve this objectives and expenses outlined in Article 3.
Purpose of Award. The Sub-Recipient, hereafter, referred to as the Recipient, will implement the activities and complete the reporting requirements outlined in Exhibit A (Statement of Objectives).
