Travel Options. 2.3.1 The Contracting Body requires the Supplier's booking system to generate all options that satisfy the travel / accommodation need, based on the availability of travel / accommodation options adhering to the Contracting Body's business rules and traveller profile. Demonstration provided and compliant. 2.3.2 The Contracting Body requires online travel support for identifying split ticket options and more cost effective routing options. [REDACTED] Xxxxxxx believes this feature is unique and provides Contracting Bodies with further cost saving opportunities. [REDACTED]. 300 Words 2.3.3 The Contracting Body requires that prices are in GBP by default for bookings fulfilled in the UK. Supplier confirmed compliance. 2.3.4 The Contracting Body requires the option to display prices in local currency of origin for bookings made overseas (for example EUR in France). Supplier confirmed compliance. 2.3.5 The Contracting Body requires that routing preferences can be expressed, to pass through and/or not to pass through certain towns/cities/countries. Supplier confirmed compliance. 2.3.6 The Contracting Body requires preferential domestic and international Government programme rates (with last room availability and allocation) to be available to book. Available rates to include a range of: - Government Hotel Programme (GHP) - Government Air Programme (GAP) - Client solely or jointly negotiated with service providers of rail, air, ferry, hotels, serviced accommodation, vehicle hire, coaches or taxis - TMC negotiated rates, best available rate on the day etc. Supplier confirmed compliance. 2.3.7 The Contracting Body requires multi-mode travel deals (e.g. fly/drive or rail/hotel) to be offered where they meet all or part of the travel need. Demonstration provided and compliant. 2.3.8 The Contracting Body requires a price comparison of options generated to be presented via a single online booking tool (for example rail versus air including CO2 comparison). Demonstration provided and compliant. 2.3.9 The Contracting Body requires that the travel and accommodation rate options returned to the traveller can be restricted / limited by the Supplier on behalf of the Contracting Body. [REDACTED] The above are simple parameter examples. [REDACTED] Business rules are established in the system as part of the implementation process and can be amended as required by the Contracting Body’s authorised system administrators. [REDACTED] 299 Words 2.3.10 The Contracting Body requires jou...

Travel Options. 2.4.1 The Contracting Body requires the Supplier's booking system to generate all options that satisfy the travel / accommodation need, based on the availability of travel / accommodation options adhering to the Contracting Body's business rules and traveller profile. Demonstration provided and compliant 2.4.2 The Contracting Body requires online travel support for identifying split ticket options and more cost effective routing options. Supporting Split-ticketing – UK Rail HRG offline consultants are highly skilled rail specialists. Accumulated knowledge on fare ticket breaks, obtained by our consultants (and other external research), will be made available to the Contracting Body via the HRG Travel Portal. Travellers/bookers can then use the advice in the online environment to purchase the cheapest fares. HRG Online, our proprietary booking tool will offer single fare comparisons combining them into a single trip itinerary. This knowledge will also be applied to all offline bookings. Today this manual method outperforms all the so-called internet split ticketing sites. Assuming the Contracting Body can identify their top routes HRG can support you through: • Providing a dedicated page via the portal for split-ticketing suggestions • Selective emailing with key fare split suggestions • Educating travellers/bookers to ensure that split-ticket rules are fully understood At present neither Trainline nor Evolvi booking systems can automatically break a journey down into sectors in order to calculate all the fare break ticketing options. Air HRG Online gives the traveller the ability to book single journeys, with differing carriers and fare levels, and combine them into a one-trip itinerary. To assist the Contracting Body’s in maximising savings opportunities, HRG, both online and offline will provide the facility for all itineraries in excess of two sectors to be automatically routed to the HRG Global Pricing Desk where split-ticketing fare opportunities will be explored and where a price advantage exists will be offered to the traveller/xxxxxx. Screenshot We enclose a screenshot clearly showing a rail split-ticket as appendix 5. HRG Online, our proprietary online booking tool gives travellers/bookers: • Ability to view all options on one page • Both return and single fare options in one display to drive lowest fare 2.4.3 The Contracting Body requires that prices are in GBP by default for bookings fulfilled in the UK. Supplier confirmed compliance. 2.4.4 The ...

Travel Options. 2.3.1 The Contracting Body requires the Supplier's booking system to generate all options that satisfy the travel / accommodation need, based on the availability of travel / accommodation options adhering to the Contracting Body's business rules and traveller profile. 2.3.2 The Contracting Body requires online travel support for identifying split ticket options and more cost effective routing options. 2.3.3 The Contracting Body requires that prices are in GBP by default for bookings fulfilled in the UK. 2.3.4 The Contracting Body requires the option to display prices in local currency of origin for bookings made overseas (for example EUR in France). 2.3.5 The Contracting Body requires that routing preferences can be expressed, to pass through and/or not to pass through certain towns/cities/countries. 2.3.6 The Contracting Body requires preferential domestic and international Government programme rates (with last room availability and allocation) to be available to book. Available rates to include a range of: - Government Hotel Programme (GHP) - Government Air Programme (GAP) - Client solely or jointly negotiated with service providers of rail, air, ferry, hotels, serviced accommodation, vehicle hire, coaches or taxis - TMC negotiated rates, best available rate on the day etc. 2.3.7 The Contracting Body requires multi-mode travel deals (e.g. fly/drive or rail/hotel) to be offered where they meet all or part of the travel need. 2.3.8 The Contracting Body requires a price comparison of options generated to be presented via a single online booking tool (for example rail versus air including CO2 comparison). 2.3.9 The Contracting Body requires that the travel and accommodation rate options returned to the traveller can be restricted / limited by the Supplier on behalf of the Contracting Body. 2.3.10 The Contracting Body requires journey duration details (the time between initial departure and final arrival) to be presented. 2.3.11 The Contracting Body requires the ability to book and be presented with the full cost of the options for pre-booking of seat reservations, accompanied baggage and any other extra or unbundled charges. 2.3.12 The Contracting Body requires the baggage entitlement to be presented for the travel option selected. 2.3.13 The Contracting Body requires the ability to book excess, additional and overweight baggage for air travel, both offline and online where available. For example, for rail more than three pieces of additional luggage, non st...

Travel Options. 2.3.1 The Contracting Body requires the Supplier's booking system to generate all options that satisfy the travel / accommodation need, based on the availability of travel / accommodation options adhering to the Contracting Body's business rules and traveller profile. Demonstration required 2.3.2 The Contracting Body requires online travel support for identifying split ticket options and more cost effective routing options. The Xxxxxxx Intelligent Packaging System (tRIPS™) is designed to intelligently present all fare options in response to any availability request. In the case of rail, the system automatically searches for: • Return fares • Two singles • Split Tickets or Combination Fares (journeys where outbound and return elements are split to take advantage of savings. Xxxxxxx Travel Screenshot Ref 2_3_2 – Split Tickets shows the response to a request for a return ticket between Leeds and London travelling out and back on 13th September 2011. The display shows: • Return fares from £157.00 (Standard Off-Peak Return); • Two Standard Advance Singles at £22.00 each, saving £113.20 against the cheapest available Return ticket; • Split Tickets, the lowest price available being a Standard Off-Peak Return between Leeds and Peterborough, plus a Standard Anytime Return between Peterborough and Kings Cross. The total fare of £157.20 is more expensive than Two Standard Advance Singles, but can be used on a Peak Time train (07.15), which compares to the cheapest alternative fare available on these trains of £259.00, therefore saving £101.80 when compared on a like for like basis. Xxxxxxx believes this feature is unique and provides Contracting Bodies with further cost saving opportunities. Bookers are trained on the use of Split Tickets during the implementation process. In the case of airfares, tRIPS™ automatically takes into account the availability of single and return fares offering the xxxxxx the choice of flights that can be combined to achieve the lowest fare. All air requests automatically trigger a rail search where appropriate.. tRIPS™ searches all appropriate inventories across travel modes concurrently, returning results in no longer than the time normally associated with a single search. Bookers are offered the most cost effective travel options and tickets within a timescale that maximises the efficiency of the booking process. 300 Words 2.3.3 The Contracting Body requires that prices are in GBP by default for bookings fulfilled in the UK. 2.3.4 The C...

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Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.
Additional Options The NYS Contract Price for Additional Options offered under the Contract in accordance with Section III.2.7 Additional Options, shall be the Additional Options NYS Discount listed on the Contract Pricelist, or higher, applied to the MSRP on the current OEM Data Book or Contractor-Published Pricelist, as applicable. See Section III.1.2
Share Option Plans Each share option granted by the Company under the Company’s share option plan was granted (i) in accordance with the terms of the Company’s share option plan and (ii) with an exercise price at least equal to the fair market value of the Ordinary Shares on the date such share option would be considered granted under GAAP and applicable law. No share option granted under the Company’s share option plan has been backdated. The Company has not knowingly granted, and there is no and has been no Company policy or practice to knowingly grant, share options prior to, or otherwise knowingly coordinate the grant of share options with, the release or other public announcement of material information regarding the Company or its Subsidiaries or their financial results or prospects.
Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”) so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.
Employee Options A regular employee who is subject to displacement shall have the right to select one of the following options. Upon written presentation of the options, the employee shall have 3 full working days to select an option. This time limit may be extended by the mutual agreement of the Parties: (a) accept training, if applicable; or (b) accept placement in a vacant position, either within or outside the bargaining unit, in accordance with the provisions of this Article; or (c) exercise the bumping rights referred to in this Article; or (d) accept layoff, retaining the right to recall and to severance pay in accordance with this Agreement; or (e) accept severance in accordance with Article 9.03 of this Agreement.
Company Stock Options At the Effective Time, each Company Stock --------------------- Option shall be deemed to have been assumed by Evergreen, without further action by Evergreen, and shall thereafter be deemed an option to acquire, on the same terms and conditions as were applicable under such Company Stock Option, that number of shares of Surviving Corporation Common Stock that would have been received in respect of such Company Stock Option if it had been exercised immediately prior to the Effective Time (such Company Stock Options assumed by Evergreen, the "Assumed Chancellor Stock Options"); provided, however, that, for -------- ------- each optionholder, (i) the aggregate fair market value of Surviving Corporation Common Stock subject to Assumed Chancellor Stock Options immediately after the Effective Time shall not exceed the aggregate exercise price thereof by more than the excess of the aggregate fair market value of Company Common Stock subject to Company Stock Options immediately before the Effective Time over the aggregate exercise price thereof and (ii) on a share-by-share comparison, the ratio of the exercise price of the Assumed Chancellor Stock Option to the fair market value of the Surviving Corporation Common Stock immediately after the Effective Time is no more favorable to the optionholder than the ratio of the exercise price of the Company Stock Option to the fair market value of the Company Common Stock immediately before the Effective Time; and provided, -------- further, that no fractional shares shall be issued on the exercise of such ------- Assumed Chancellor Stock Option and, in lieu thereof, the holder of such Assumed Chancellor Stock Option shall only be entitled to a cash payment in the amount of such fraction multiplied by the closing price per share of Surviving Corporation Common Stock on the Nasdaq National Market on the business day immediately prior to the date of such exercise.
Stock Option Grants Pursuant to the following terms and conditions, the Executive shall be eligible to participate in Holdings’ stock option plan and Holdings agrees as follows: i. Holdings shall establish a stock option plan (“Stock Option Plan”) providing for grants of options (the “Stock Options”) to purchase the common stock of BD Investment Holdings Inc., par value $0.01 (the “Buyer Common Stock”) in amounts not less than (i) 2% of the Buyer Common Stock (on a fully-diluted post-exercise basis) in the aggregate per year for all executives, employees and financial advisors of the Company and its subsidiaries, including the Executive selected by the Board after consultation with, and based on the recommendation of, the CEO, for the calendar years beginning on January 1, 2008 and January 1, 2009 and (ii) 2.5% of the Buyer Common Stock (on a fully-diluted post-exercise basis) in the aggregate per year for all executives, employees and financial advisors of the Company and its subsidiaries, including the Executive, selected by the Board after consultation with, and based on the recommendation of, the CEO, for the calendar years beginning on January 1, 2010 and January 1, 2011. ii. Beginning in January 2008, each annual Stock Option grant shall be made between the first and fifteenth business day of the year, unless the CEO, in his sole discretion, shall agree with the Board to a later date during such year (the “Default Date”). If the Board does not approve Stock Option grants in the amounts set forth in Section 4(c)(i) by the Default Date, then Stock Options in such amounts shall be granted pro-rata to existing option holders and employee stockholders as of such date of grant, except that the CEO’s share of such Stock Option grants shall be reduced by 75% and the other four most highly compensated executives’ share of such Stock Option grants shall be reduced by 50%. iii. The per share exercise price of each Stock Option shall be equal to the Fair Market Value of a share of Buyer Common Stock on the date of grant. Each Stock Option granted shall vest in five equal tranches on each of the first five anniversaries of the date of grant subject to the option holder’s continued employment as of each such vesting date; provided, however, that all Stock Options shall automatically vest in full upon a “change in control” (as defined in the Option Plan, it being understood that an IPO shall in no event constitute a change in control). Notwithstanding any provision of this Agreement to the contrary, following an IPO, no additional Stock Options shall be granted pursuant to the Stock Option Plan. iv. Upon termination of his employment, the portion of any Stock Option granted to the Executive which has not yet vested shall terminate. In the event the Executive’s employment terminates for any reason other than for Cause, the Executive may exercise any vested portion of any Stock Option held by him on the date of termination provided that he does so prior to the earlier of (A) ninety (90) days following termination of employment and (B) the expiration of the scheduled term of the Stock Option. Notwithstanding the foregoing, if the Executive’s employment is terminated due to death or disability (as defined in Section 5(b)), then the Executive or, as applicable in the event of death, his beneficiary or estate, may exercise any vested portion of any Stock Option held by the Executive on the date employment terminates for the shorter of (A) the period of twelve (12) months following the termination date and, (B) with respect to each Stock Option individually, the expiration of the scheduled term of such Stock Option. Upon a termination of the Executive’s employment by the Company for Cause, all Stock Options shall be forfeited immediately. v. Holdings, the Company and the Executive agree to cooperate to structure the Stock Option Plan so as to minimize or avoid additional taxes and interest that would otherwise be imposed on the Executive with respect to options granted under the Stock Option Plan pursuant to Section 409A of the Internal Revenue Code as amended (the “Code”); provided, however, that the Company shall have no obligation to grant the Executive a “gross-up” or other “make-whole” compensation for such purpose.
Employee Stock Options Except as provided in this Agreement or pursuant to the provisions of any Plan or employee or director stock option agreement as in effect on the date hereof, from the date hereof Company will not accelerate the vesting or exercisability of or otherwise modify the terms and conditions applicable to the Employee Stock Options. At the Effective Time, each of the Employee Stock Options which is outstanding and unexercised at the Effective Time shall be converted automatically into an option to purchase Parent Shares in an amount and at an exercise price determined as provided below (and otherwise subject to the terms of the stock option plans of Company governing the Employee Stock Options (the "Company Stock Option Plans")): (1) The number of Parent Shares to be subject to the new option shall be equal to the product of the number of Shares subject to the original option and the Exchange Ratio, PROVIDED that any fractional Parent Shares resulting from such multiplication shall be rounded down to the nearest share and, except with respect to any options which are intended to qualify as "incentive stock options" (as defined in section 422 of the Code ("ISOs")), Parent shall pay an amount in cash to the holder of such Employee Stock Option equal to the fair market value immediately prior to the Effective Time of such fractional Parent Shares calculated based on the average closing price on the New York Stock Exchange for the last five trading days immediately preceding the day prior to the Effective Time; and (2) The exercise price per Parent Share under the new option shall be equal to the aggregate exercise price of the original option divided by the total number of full Parent Shares subject to the new option (as determined under (1) immediately above), PROVIDED that such exercise price shall be rounded up to the nearest cent. The adjustment provided herein with respect to any ISOs shall be and is intended to be effected in a manner that is consistent with section 424(a) of the Code. The duration and other terms of the new option shall be the same as that of the original option, except that all references to Company shall be deemed to be references to Parent. Parent shall file with the SEC a registration statement on Form S-8 (or other appropriate form) or a post-effective amendment to the Registration Statement as promptly as practicable after the Effective Time for purposes of registering all Parent Shares issuable after the Effective Time upon exercise of the Employee Stock Options, and shall have such registration statement or post-effective amendment become effective and comply, to the extent applicable, with state securities or blue sky laws with respect thereto at the Effective Time.
Layoff Options Affected employees who have completed their probationary period shall have the following options:
Options (a) Except as provided in paragraph (b) below with respect to the Company's 1996 Employee Stock Purchase Plan, as amended (the "Company ESPP"), at the Effective Time, each then outstanding and unexercised option (the "Company Options") exercisable for shares of Company Stock shall become fully vested and exercisable (by virtue of their terms) and Purchaser shall cause each holder of a Company Option to receive, by virtue of the Merger and without any action on the part of the holder thereof, options exercisable for shares of Purchaser Stock ("Purchaser Replacement Options") having the same terms and conditions as the Company Options (including such terms and conditions as may be incorporated by reference into the agreements evidencing the Company Options pursuant to the plans or arrangements pursuant to which such Company Options were granted) except that the exercise price and the number of shares issuable upon exercise shall be divided and multiplied, respectively, by the Conversion Fraction, and rounded to the nearest whole cent or number, respectively. Purchaser shall use all reasonable efforts to ensure that any Company Options that qualified as incentive stock options under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code") prior to the Effective Time continue to so qualify after the Effective Time. Purchaser shall take all corporate action necessary to reserve for issuance a sufficient number of shares of Purchaser Stock for delivery upon the exercise of Purchaser Replacement Options after the Effective Time. Promptly after the Effective Time, Purchaser shall file or cause to be filed all registration statements on Form S-8 or other appropriate form as may be necessary in connection with the purchase and sale of Purchaser Stock contemplated by such Purchaser Replacement Options subsequent to the Effective Time, and shall maintain the effectiveness of such registration statements (and maintain the current status of the prospectus or prospectuses contained therein) for so long as any of the Purchaser Replacement Options registered thereunder remain outstanding. As soon as practicable after the Effective Time, Purchaser shall qualify under applicable state securities laws the issuance of such shares of Purchaser Stock issuable upon exercise of Purchaser Replacement Options. Purchaser's Board of Directors shall take all actions necessary on the part of Purchaser to enable the acquisition of Purchaser Stock, Purchaser Replacement Options and subsequent transactions in Purchaser Stock after the Effective Time pursuant to Purchaser Replacement Options by persons subject to the reporting requirements of Section 16(a) of the Securities Exchange Act (as defined below) to be exempt from the application of Section 16(b) of the Securities Exchange Act, to the extent permitted thereunder. (b) The current offerings in process as of the date of this Agreement under the Company ESPP shall continue, and Company Shares shall be issued to participants thereunder on the next currently scheduled purchase dates thereunder occurring after the date hereof as provided under, and subject to the terms and conditions of, the Company ESPP. The Company may, consistent with past practice, commence new offering periods under the Company ESPP on or after the date hereof and prior to the Effective Time at an exercise price for each such offering not less than as is required under the Company ESPP. Immediately prior to the Effective Time, pursuant to the Company ESPP, all offerings under the Company ESPP shall be terminated, and each participant shall be deemed to have purchased immediately prior to the Effective Time, to the extent of payroll deductions accumulated by such participant as of such offering period end, the number of whole shares of Company Stock at a per share price determined pursuant to the provisions of the Company ESPP, and each participant shall receive a cash payment equal to the balance, if any, of such accumulated payroll deductions remaining after such purchase of such shares. As of the Effective Time, each participant shall receive, by virtue of the Merger, the number of whole shares of Purchaser Stock or cash into which the shares of Company Stock such participant has so purchased under the Company ESPP have been converted pursuant to the Merger as provided in Section 1.3(a) hereof, plus the cash value of any fraction of a share of Purchaser Common Stock as provided in Section 1.5(h) hereof, plus any dividends or distributions as provided in Section 1.

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