Section II Sample Clauses

Section II. A.3 of the Agreement is hereby amended in its entirety to read as follows: “Grantee shall be notionally credited with cash per Restricted Stock Unit equal to the amount of each cash dividend paid by the Company (if any) to holders of Common Stock generally with a record date occurring on or after the Date of Grant and prior to the time when the Restricted Stock Units are settled in accordance with Section II.A.2 hereof. Any amounts notionally credited pursuant to the immediately preceding sentence shall be subject to the same applicable terms and conditions (including vesting, payment or forfeitability) as apply to the Restricted Stock Units based on which the dividend equivalents were notionally credited, and such amounts shall be paid in Common Stock at the same time as the Restricted Stock Units to which they relate. The number of shares so paid in Common Stock shall be rounded down to the nearest whole number and shall be determined by dividing the amounts so notionally credited by the Market Value per Share on the payment date. Notwithstanding the foregoing provisions of this Section II.A.3, Grantee shall not be entitled to the cash notionally credited at any time to the Restricted Stock Units (or the Common Stock representing the same, as the case may be) either legally or beneficially unless and until Grantee becomes entitled to receive the actual Common Stock in respect of this Award pursuant to Section II.A.2 of this Agreement.”
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Section II. A. These procedures should be processed as rapidly as possible; the number of days indicated for settlement or appeal at each level should be considered a maximum. The time limits can be extended by written mutual consent of the parties involved at any level of the procedures. B. All parties should attempt to complete the procedures by the end of the school year. The parties shall make a good faith effort to shorten the number of days provided at the various steps in order to finish by the end of the school year and avoid, if possible, carrying the process into the summer vacation period or the following school year. C. All parties in interest have a right to consultants or representatives of their own choosing at each level of these grievance procedures. D. There shall be no restraint, interference, discrimination, or reprisal exerted on any member choosing to use these procedures for resolution of grievances. E. Failure at any level of this procedure by the grievant to appeal a grievance to the next level within the specified time limits shall be deemed to be acceptance of the decision rendered at that level. Failure at any level of this procedure to communicate the decision in writing on a grievance within the specified time limits shall permit the grievance to proceed to the next level. F. All documents, communications and records of a grievance will be filed in the School District Office separately from the personnel files. References to the records, such as a summary, should be placed in the appropriate personnel file(s). G. Forms for processing grievances shall be mutually prepared by the Superintendent or their designated representative in cooperation with the Association and will be printed and given appropriate distribution by the parties as to facilitate operation of the grievance procedure. The grievance form shall be included as Appendix C. H. In the course of investigating any grievance, representatives of either party in interest who need to contact an employee or student in school will contact the building supervisor of the building being visited and will state the purpose of the visit immediately upon arrival. I. Every effort will be made by all parties to avoid interruption of classroom and/or any other school sponsored activities. J. Every effort will be made by all parties to avoid the unnecessary involvement of students in the grievance procedure. K. All parties in interest will process grievances after the regular workday or at other ...
Section II of the firefighters’ pension shall apply to all employees hired after May 28, 1992, Section II of the pension plan shall include, and the current pension ordinanc- es of the City shall be modified, to reflect the following concepts:  Non-Service related disability - same as Section I  Widows and survivors benefits - same as Section I  Income Offset - same as Section I  Retirement after 20 years - 50%  Retirement after 30 years – 75% (2% per year from 21 to year 25, and 3% per year from 26 and 30 years of service not to exceed 75% total.  No smoking as a condition of employment  Mandatory physical fitness program for all employees hired after May 28, 1992  Age at hiring - no less than 21 years of age and no greater than 30 years of age  Pension benefit based on the last three years of service. Effective January 1, 2005, pension benefits will be based upon the last year of service, which benefits shall be calculated by using daily pro-ration.  Any employee retiring between July 1, 2005, and September 18, 2005, shall have his or her pension calculated at 50% of creditable income for 20 years of service plus 3% for each year of service between years 21 and 30 to a maximum of 80% (pro- rated daily for partial years of service). After September 18, 2005, no employee shall retire at a percentage higher than 75%.  COLA capped at 3% annually  66⅔% for job-related disabilities of heart, lung, cancer and Social Security qualified disabilities in the same manner as prescribed in Section 4 (d) above.  Conclusive presumption language as in the present collective bargaining agreement  Funding for Section II Pension shall be 1/3 of the cost by the employee and 2/3 by the City. The initial contribution is expected to be 11% by the employee and 22% by the City.
Section II. B. to the Agreement shall be deleted in its entirety and replaced with the following:
Section II. A.2.b(v) shall be deleted and replaced with “proportion of malfunctioning water supplies;”. (h) Section II. A.2.b(vi) shall be deleted and replaced with “number of farmer households getting agricultural extension services;”. (i) Paragraph 31 of the Appendix to the Original Financing Agreement is amended by adding the words “or ‘LIG’” following the words “Local Investment Grant”. (j) An additional paragraph 71 is added to the Appendix to the Original Financing Agreement to read as follows: “Resettlement Policy Framework” or “RPF” means the instrument prepared by the Recipient, dated August 2007, in form and substance satisfactory to the Association, for use throughout the implementation of the pilot LIG component of the Project, and publicly disclosed in impacted areas, and setting out the resettlement and compensation policy, organizational arrangements and design criteria to be applied to meet the needs of the people who may be affected by activities under Local Investment Grants. On each May 15 and November 15: Commencing May 15, 2021, to and including November 15, 2030 1% Commencing May 15, 2031, to and including November 15, 2050 2% * The percentages represent the percentage of the principal amount of the Credit to be repaid, except as the Association may otherwise specify pursuant to Section 3.03(b) of the General Conditions.
Section II. TERM OF AGREEMENT is hereby amended extending the term five years from May 1, 2020 to April 30, 2025.
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Section II. N.1.e of the Settlement Agreement is amended to read as follows:
Section II. E. of the Agreement is hereby amended, in its entirety, to read as follows: E. Option Period: , 200 through , 20 (until 12:00 p.m. central).”
Section II. A.2. above shall not apply, and instead the Participant acknowledges and agrees that as part of his/her obligations hereunder, during the Participant’s employment with the Employer and after employment terminates for any reason (whether by the Participant or by the Employer), the Participant shall not, either directly or indirectly through others, use or disclose any Proprietary and Confidential Information in any effort to solicit, encourage, or attempt to solicit or encourage, any Company Customer to terminate, reduce, or forego that Company Customer’s relationship or prospective relationship with the Employer Group. For purposes of this Appendix B of the Award Agreement, “Company Customer” means any person or entity to whom the Employer Group provided services, or actively sought to provide goods or services, at any time during the Participant’s employment with the Employer Group.
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