Examples of Acquisition Election in a sentence
The Company may make a Qualified Acquisition Election no more than once during the life of this Agreement.
In the absence of a Stock Acquisition Election, all Compensation shall be paid to the Non-Employee Director in cash in accordance with the Company's policies and procedures.
Moreover, the scope of integration still remains across islands in the economic or environmental system.
With respect to each Confidential Acquisition that is a Pooling Acquisition, ECA will provide AYE with a written notification (each, a "Pooling Acquisition Election") as to whether ECA elects to exercise its rights pursuant to Section 2.03 not fewer than 30 calendar days prior to the Estimate Date.
Certificates for Capital Stock acquired by the Non-Employee Director pursuant to a Stock Acquisition Election shall be issued quarterly following the period during which such Capital Stock is acquired, as provided above.
The Committee may, in its sole discretion, establish a period of time (the "Restricted Period") that all or any portion of the shares of Capital Stock issued pursuant to a Stock Acquisition Election or shares of Capital Stock distributed with respect to Stock Credits pursuant to Section 2.7 hereof may not be sold, assigned, transferred, pledged or otherwise disposed of.
If a Non-Employee Director makes a Stock Acquisition Election, the Non-Employee Director shall receive, on the date that the Compensation otherwise would have been paid, the number of shares of Capital Stock that could have been purchased on that date based on the amount of Compensation subject to the Stock Acquisition Election and the Fair Market Value of the Capital Stock on that date, rounded up to the nearest whole share.
Upon the return to a Total Leverage Ratio of 4.50:1.00 after any Qualified Acquisition Election, such level must be maintained for at least two Test Periods before the Parent Borrower may elect to increase such level for a subsequent time pursuant to any Qualified Acquisition Election.
Certificates for Capital Stock acquired by the Participant pursuant to a Stock Acquisition Election shall be issued as soon as practicable following the award of Bonus Compensation.
Notwithstanding the foregoing or any provision of this Plan to the contrary, that the Board may, in its sole discretion and without the Participant’s consent, modify or amend the terms of the Plan or a Stock Acquisition Election, or take any other action it deems necessary or advisable, to cause the Plan to comply with Section 409A (or an exception thereto).