Second Anniversary Sample Clauses

Second Anniversary. On the second anniversary date of this Agreement an additional __________ of the Optioned Shares will vest provided that Grantee provides services to the Company or a subsidiary of the Company on a continuous basis until such anniversary date.
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Second Anniversary. If BofA pays the full amount of the License Fee, and BAC (or such Affiliate of BAC as shall be permitted by the Subscription Agreement) subscribes for and pays to 724 the full subscription price for the 2000 Shares in accordance with the terms and conditions of the Subscription Agreement, but does not elect, or is deemed (pursuant to Section 2.3) not to have elected, to enter into the Continuing Alliance as at the Second Anniversary, the Licensed Technology shall include, in addition to all components previously licensed hereunder, all 724 Technology developed up to the Second Anniversary and the first version of each 724 Channel that is significantly completed as at the Second Anniversary.
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Second Anniversary. On the Adjustment Date occurring on the second anniversary of the Commencement Date (the "Second Adjustment Date"), the Monthly Base Rent shall be determined by multiplying the Rentable Area by the sum of (A) $5.00, plus (B) the Year One Adjustment, plus (C) an amount determined by multiplying the CPI Increase for the Second Adjustment Date by the sum of (A) and (B) (such amount being the "Year Two Adjustment"), plus (D) $.05; provided, however, that in no event shall the Monthly Base Rent be adjusted on the Second Adjustment Date to an amount that is less than one hundred three and five/tenths percent (103.5%) of the amount obtained by multiplying the Rentable Area by the sum of $5.00 plus the Year One Adjustment, nor to an amount that is more than one hundred five and five/tenths percent (105.5%) of the amount obtained by multiplying the Rentable Area by the sum of $5.00 plus the Year One Adjustment.
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Second Anniversary. After the Second Anniversary, if BMO exercises the 1999 Technology Right and pays the 1999 Licence Fee, but does not exercise its right to enter into the Continuing Alliance after the Second Anniversary, "LICENSED TECHNOLOGY" shall be extended to include the first version of each 724 Channel that is partially completed as at the Second Anniversary and that is finally released to 724's customers generally.
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Second Anniversary. On the second anniversary of the Closing Date, the Escrow Agent will pay to the Company an aggregate amount equal to the excess, if any, of (i) the amount held by the Escrow Agent in the escrow account on the second anniversary of the Closing Date, over (ii) the aggregate dollar amount of all claims made (but not paid as of the second anniversary of the Closing Date) by the Purchaser or the Purchaser Indemnified Persons under Section 3.03(c) or Section 11.01(a); provided, however, that such payment or release shall not limit or affect the rights of the Purchaser or any other Purchaser Indemnified Persons under this Article XI or otherwise.
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Second Anniversary. Effective April 9, 2017, Basic Weekly Wage Rates will be increased 3.0% at the maximum rate, exponentialized with no change in the start rate.
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Second Anniversary. Upon the occurrence of any single Event of Default after the first anniversary but before the second anniversary of the date of this Agreement, the sole remedy of Secured Party shall be to take possession of and retain all of the Dippy Common Shares listed opposite the defaulting Pledgor's name in Column C on Schedule I hereto.
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Second Anniversary. Upon the second anniversary of the date of this Agreement ("Milestone II"), Secured Party shall cause Pledgeholder to return to each Pledgor the number of Dippy Common Shares listed in Column C opposite such Pledgor's name on Schedule I hereto, plus all non-cash distributions distributed in respect of or in exchange therefor; provided, however, that if any Advisory Member has resigned from the Advisory Board, without simultaneously accepting appointment to an office of Secured Party or the board of directors of Secured Party (or otherwise elects to resign from office of Secured Party or the board of directors of Secured Party without simultaneously accepting reappointment to the Advisory Board), or Hermann has resigned from office of Secured Party and from Secured Party's board of directors without simultaneously accepting appointment to the Advisory Board (or otherwise resigns from the Advisory Board without accepting appointment to an office of Secured Party or the board of directors of Secured Party), on or prior to Milestone II, then Secured Party shall have the remedy provided in Section 9.2 above.
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Second Anniversary. On the second anniversary of the date of this Agreement (or if such date is not a business day, the first business day after such second anniversary), in the event that on such date any SARs remain outstanding, the Company shall repurchase all of the outstanding SARs for a cash purchase price equal to the product of (i) the number of SARs then outstanding, multiplied by (ii) $284.80 (as such amount shall appropriately be adjusted in the case of stock splits, stock dividends, recapitalizations, reorganizations and other similar events), less the Value per share actually received by the Recipient pursuant to Section 6 hereof (the amount referred to in clause (ii) being the “SAR Repurchase Price”), payable by wire transfer of immediately available funds to the account set forth on Annex I hereto.
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Related to Second Anniversary

  • CONTRACT ANNIVERSARY An anniversary of the Contract Date.

  • Anniversary Fee A fully earned, non-refundable fee of $33,750, on the first anniversary of the Effective Date; and if this Agreement is terminated prior to the first anniversary of the Effective Date, either by Borrower or Bank, Borrower shall pay such Anniversary Fee to Bank in addition to any Termination Fee.

  • Exercise Period Vesting Unless expired as provided in Section 3 of this Agreement, this Option may be exercised from time to time after the Date of Grant set forth above (the "DATE OF GRANT") to the extent the Option has vested in accordance with the vesting schedule set forth below. The Shares issued upon exercise of the Option will be subject to the restrictions on transfer set forth in Section 11 below. Provided Participant continues to provide Continuous Service to the Company or any Affiliate, the Option will become vested as follows: PERCENTAGE OF VESTING DATE VESTED SHARES ------------ ------------- % % %

  • FIFTH The Distributor shall act as an agent of the Company in connection with the sale and redemption of Shares. Except with respect to such sales and redemptions, the Distributor shall act as principal in all matters relating to the promotion of the sale of Shares and shall enter into all of its own engagements, agreements and contracts as principal on its own account. The Distributor shall enter into agreements with investment dealers and financial institutions selected by the Distributor, authorizing such investment dealers and financial institutions to offer and sell the Shares to the public upon the terms and conditions set forth therein, which shall not be inconsistent with the provisions of this Agreement. Each agreement shall provide that the investment dealer or financial institution shall act as a principal, and not as an agent, of the Company.

  • Restriction Period and Vesting (a) The restrictions on the Award shall lapse on the earliest of the following: (i) with respect to one-fifth of the aggregate number of shares of Stock subject to the Award on February 19, 1998 and as to an additional one-fifth of such aggregate number of shares on each anniversary thereof during the years 1999 through 2002, inclusive, or (ii) in accordance with Section 6.8 of the Plan (the "Restriction Period").

  • Month A period commencing at 10:00 a.m., Eastern Standard Time, on the first Day of a calendar month and extending until 10:00 a.m., Eastern Standard Time, on the first Day of the next succeeding calendar month. Monthly shall have the correlative meaning.

  • Current Per Share Market Value For the purpose of any computation hereunder, the “Current Per Share Market Value” of any security (a “Security” for the purpose of this Section 11.4.1) on any date shall be deemed to be the average of the daily closing prices per share of such Security for the thirty (30) consecutive Trading Days (as such term is hereinafter defined) immediately prior to such date; provided, however, that in the event that the current per share market price of the Security is determined during any period following the announcement by the issuer of such Security of (i) a dividend or distribution on such Security payable in shares of such Security or securities convertible into such shares or (ii) any subdivision, combination or reclassification of such Security, and prior to the expiration of

  • Vesting Commencement Date Exercise Price per Share: Total Number of Shares Subject to the Option: Total Exercise Price: Expiration Date: Type of Option: Nonstatutory Stock Option

  • Liquidity Event If there is a Liquidity Event before the termination of this Safe, this Safe will automatically be entitled (subject to the liquidation priority set forth in Section 1(d) below) to receive a portion of Proceeds, due and payable to the Investor immediately prior to, or concurrent with, the consummation of such Liquidity Event, equal to the greater of (i) the Purchase Amount (the “Cash-Out Amount”) or (ii) the amount payable on the number of shares of Common Stock equal to the Purchase Amount divided by the Liquidity Price (the “Conversion Amount”). If any of the Company’s securityholders are given a choice as to the form and amount of Proceeds to be received in a Liquidity Event, the Investor will be given the same choice, provided that the Investor may not choose to receive a form of consideration that the Investor would be ineligible to receive as a result of the Investor’s failure to satisfy any requirement or limitation generally applicable to the Company’s securityholders, or under any applicable laws. Notwithstanding the foregoing, in connection with a Change of Control intended to qualify as a tax-free reorganization, the Company may reduce the cash portion of Proceeds payable to the Investor by the amount determined by its board of directors in good faith for such Change of Control to qualify as a tax-free reorganization for U.S. federal income tax purposes, provided that such reduction (A) does not reduce the total Proceeds payable to such Investor and (B) is applied in the same manner and on a pro rata basis to all securityholders who have equal priority to the Investor under Section 1(d). In connection with Section 1(b)(i) , the Purchase Amount will be due and payable by the Company to the Investor immediately prior to, or concurrent with, the consummation of the Liquidity Event. If there are not enough funds to pay

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

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