Settlement of Contract. Options shall correspond to the settlement of the relevant exchange traded option in accordance with the market rules and terms and conditions applicable to the relevant exchange traded option. For Contract Options on cash settled options, final settlement requires payment of the cash difference between the value of the underlying option and the strike price. For Contract Options regarding physically settled options, the Contract Options will settle into the respective contract, stock or other security. Contract Options regarding options on futures will settle into a future acquired at the strike price. EVM PRIME will o n l y allow the Client to trade Contract Options on Contracts with physical delivery if the Contract Option expires before the underlying Contract. EVM PRIME will require Clients to close any Contract with physical delivery of commodities before they can be exercised (i.e. EVM PRIME does not support physical delivery ofcommodities).
Settlement of Contract. The agreement will come into being when IsoLife has received the signed order from the client.
Settlement of Contract. The parties acknowledge that the SUPERINTENDENT has certain rights granted by law, including, but not limited to, the right to a hearing and other procedural safeguards relative to the termination of this Contract. However, the parties acknowledge that there may exist circumstances during the term of this Contract when the BOARD may desire a change of administrative leadership, and consequently, with or without cause, seek the SUPERINTENDENT'S dismissal. The BOARD may accordingly desire to cancel this Contract, and if so, the SUPERINTENDENT desires to safeguard her professional reputation. In this event, the BOARD may cancel and rescind this Contract at any time, if voted by resolution of a majority of the full membership of the BOARD; and it shall serve written notice of this resolution on the SUPERINTENDENT by personal delivery. The written notice need not state reasons for this action. This Section 10 will not apply in the event the BOARD gives the SUPERINTENDENT notice that it will not renew the Contract upon the Contract’s expiration date. The SUPERINTENDENT waives any and all rights of hearing, service of reasons for the BOARD's action, tenure, right to continued employment, and the like, whether provided by law, policy, custom, or practice of the BOARD. Upon the BOARD’S cancellation and rescission of this Contract as set forth above, and notice being served on the SUPERINTENDENT, the BOARD shall pay the SUPERINTENDENT within twenty (20) days the remaining amount of TRS creditable earnings payable to the SUPERINTENDENT pursuant to this Contract for the one hundred eighty (180) day period that follows the date said notice is given. The BOARD shall also pay premiums for continued participation in the District’s group health, dental and vision insurance as provided by the Administrative Benefit Plan for the SUPERINTENDENT and eligible dependents from the date of termination to the sooner of the end of the one hundred eighty (180) day period after notice is given or until which time the SUPERINTENDENT is employed by an employer that provides and pays family health insurance. The parties acknowledge and agree that the payments to the SUPERINTENDENT required by this section are not a penalty, but are liquidated damages and compensation for a release of rights. Upon faithful and perfect compliance with the provisions of this Section, the parties agree:
1) To release each other unconditionally from any claim against each other.
2) To make no public statement...
Settlement of Contract. Options shall correspond to the settlement of the relevant exchange traded option in accordance with the market rules and terms and conditions applicable to the relevant exchange traded option. For Contract Options on cash settled options, final settlement requires payment of the cash difference between the value of the underlying option and the strike price. For Contract Options regarding physically settled options, the Contract Options will settle into the respective contract, stock or other security. Contract Options regarding options on futures will settle into a future acquired at the strike price. PALMA STREET will o n l y allow the Client to trade Contract Options on Contracts with physical delivery if the Contract Option expires before the underlying Contract. PALMA STREET will require Clients to close any Contract with physical delivery of commodities before they can be exercised (i.e. PALMA STREET does not support physical delivery ofcommodities).
Settlement of Contract. 1. Until the Termination Date, the monthly fix salary, based on an annual salary in the amount of 486,510.00 EUR gross, will be accounted for and paid to the Claimant in accordance with the terms of his Employment Contract, i.e. a monthly amount of 40,542.50 EUR gross until the Termination Date.
2. For the fiscal year 2016, the Defendant II pays to the Claimant the annual incentive earned under the 2016 Annual Incentive Plan of the Defendant I, at the actual performance of the Defendant I in the fiscal year 2016 of 102%, i.e. an amount of 545,864.00 EUR gross. The payment will be made in a lump sum at the point in time regulated in the 2016 Annual Incentive Plan, no later than in March 2017.
3. For the fiscal year 2017, the Defendant II pays to the Claimant – pro rata temporis for the period of time between January 1st, 2017 to March 31st, 2017 – 3/12 of the annual incentive earned under the 2017 Annual Incentive Plan of the Defendant I, under the fiction of an actual performance of the Defendant I in the fiscal year 2017 of 100%, i.e. an amount of 133,790.25 EUR gross. The payment will be made on the Termination Date.
4. The Claimant’s participation in the pension scheme according to the Pension Plan of the Defendant II will remain unchanged until the Termination Date.
5. Any further claims to remuneration or bonus payments of the Claimant do not exist.
6. The Defendant II will continue to pay for the Claimant’s expenses for housing and utilities (natural gas, water, electric, phone, cable) based on the currently applicable expatriate assignment agreement until July 15th, 2017. In case of a repatriation until end of May 2018, the Claimant will be reimbursed for the following costs according to the Assignment Agreement: • Relocation allowance equal to 10,000.00 USD (net of taxes) • Costs of business class airfare for the Employee and accompanying dependent family members • Costs for moving and shipment of household goods and personal effects (similar quantity and capacity as way to the USA)
7. The Claimant is entitled to use for private purposes in accordance with the existing arrangements the company car (2015 BMW X5, AWD 4dr xDrive 35l) provided to him until the Termination Date. In accordance with the Teradata “Vehicle Lease/Allowance Policy” the Employee is entitled to use the company car for private purposes. The private use of the company car will be subject to taxation according to tax laws applicable from time to time and the Claimant shall be resp...
Settlement of Contract. Options shall correspond to the settlement of the relevant exchange traded option in accordance with the market rules and terms and conditions applicable to the relevant exchange traded option. For Contract Options on cash settled options, final settlement requires payment of the cash difference between the value of the underlying option and the strike price. For Contract Options regarding physically settled options, the Contract Options will settle into the respective contract, stock or other security. Contract Options regarding options on futures will settle into a future acquired at the strike price. GRAND CAYMAN CAPITAL LTD will o n l y allow the Client to trade Contract Options on Contracts with physical delivery if the Contract Option expires before the underlying Contract. GRAND CAYMAN CAPITAL LTD will require Clients to close any Contract with physical delivery of commodities before they can be exercised (i.e. GRAND CAYMAN CAPITAL LTD does not support physical delivery of commodities).
Settlement of Contract. Options shall correspond to the settlement of the relevant exchange traded option in accordance with the market rules and terms and conditions applicable to the relevant exchange traded option. For Contract Options on cash settled options, final settlement requires payment of the cash difference between the value of the underlying option and the strike price. For Contract Options regarding physically settled options, the Contract Options will settle into the respective contract, stock or other security. Contract Options regarding options on futures will settle into a future acquired at the strike price. Junle Capital Limited will only allow the Client to trade Contract Options on Contracts with physical delivery if the Contract Option expires before the underlying Contract. Junle Capital Limited will require Clients to close any Contract with physical delivery of commodities before they can be exercised (i.e. Junle Capital Limited does not support physical delivery of commodities).
Settlement of Contract. Options shall correspond to the settlement of the relevant exchange traded option in accordance with the market rules and terms and conditions applicable to the relevant exchange traded option. For Contract Options on cash settled options, final settlement requires payment of the cash difference between the value of the underlying option and the strike price. For Contract Options regarding physically settled options, the Contract Options will settle into the respective contract, stock or other security. Contract Options regarding options on futures will settle into a future acquired at the strike price. Tickmill Ltd will only allow the Client to trade Contract Options on Contracts with physical delivery if the Contract Option expires before the underlying Contract. Tickmill Ltd will require Clients to close any Contract with physical delivery of commodities before they can be exercised (i.e. Tickmill Ltd does not support physical delivery of commodities).
Settlement of Contract variations shall immediately take place on final settlement, unless parties have agreed otherwise in writing.
