Annual Appraisal definition

Annual Appraisal has the meaning given in Section 3.02(b)(i) hereof.

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Annual Appraisal means an update (which update shall be a desktop appraisal) of the Initial Appraisal from an Appraiser received pursuant to the terms of the Lease on each annual anniversary of the Document Closing Date, setting forth as of such annual anniversary the Fair Market Value of each Item of Equipment then subject to the Lease, in form and substance reasonably satisfactory to Agent and the Required Participants and using appraisal methods consistent with the methods used in the Initial Appraisal. Each such appraisal shall be prepared at the sole cost and expense of Lessee.

Annual Appraisal shall have the meaning assigned to such term in Section 2.3(e)(6) hereof.

Examples of Annual Appraisal in a sentence

• Tier II: Self-Directed Professional Growth Plan Components The teacher will have a meeting with his/her administrator, only if mutually agreed upon, 30 days prior to the last day of school of each year and discuss the Annual Appraisal of Progress, otherwise 30 days prior to the last day of school during the final evaluation appraisal year.

• This time is to be used in conjunction with their Annual Appraisal and provided to enable employees to maintain their professional portfolio or to apply for competent or proficient or expert/accomplished.

• The Annual Appraisal documents the objectives achieved in this component for workload.

• Each review is made in line with the INC Annual Appraisal review and the Company shall not be obliged to make any increase.

• The Company acknowledges and agrees that, prior to the IPO Closing Date, so long as any Company Shares are held by the Trust and the Class B Common Stock is not eligible for trading in an established securities market, the Company Shares will be appraised by an independent appraiser, as defined in Section 401(a)(28) of the Code, at least once each Plan year, as required by Article I, paragraph (x), of the Plan (the "Annual Appraisal").

• The Company shall provide a copy of the Annual Appraisal to the Management Stockholders within 30 days after its completion but in no event later than the annual anniversary of the date hereof.

• Members must have displayed satisfactory performance as documented on their Annual Appraisal by their Supervisor.

• Employees who receive a Satisfactory rating in their 2004-2005 Annual Appraisal shall receive a 1.6% base salary increase.

• The Put Option Purchase Price shall be based on the Fair Market Value determined in the mostly recently completed Annual Appraisal determined pursuant to Section 2(d) as of the Put Notice Date.

• The costs and expenses of the Annual Appraisal shall be borne solely by the Company.

More Definitions of Annual Appraisal

Annual Appraisal. An Annual Appraisal Report will be prepared by second party on the basis of monthly report, which shall also form basis of extensions of agreement period shall be under condition No1. and annual revision under condition No. 5 of the agreement. HRA: First party shall not be entitled for any Government accommodation. No deduction towards RPMF/GPF/SI/Accidental Group Insurance Scheme shall be paid from package of first party. First party shall not be entitled for any regularization or any special preference in regular recruitment. First shall not be provided any loans and advances by the second party. No bonus shall be payable to first party. The first party shall get himself/herself covered under any accidental insurance scheme. For this purpose, first party can join the accidental insurance scheme form SI Department or opt for accident insurance coverage from any other insurance company for which an annual premium of Rs. 150/- shall be reimbursed by the second party on production of receipt. No terminal leave shall be admissible on termination of the contract. TDS on income, if due, shall be recovered from package payable to first party. General conditions, ethics and observance: The First party shall observe general satisfactory conducts and ethics at the level expected under orders/rules and instructions issued by higher authorities/second party. The first party shall be non-transferable. The first party will not accept any full time/part time employment or engage in any other work, business occupation or pursue any study course without the prior approval of the second party. All manufacturing or construction departments / organizations / consultancies etc, with which the first might be associated with, will not be eligible to participate in bidding for any goods or works/consultancy etc. from or associated with the project of which this first party assignment forms a part. In case uniform/livery is compulsory, the first party will comply the instructions, for which no extra payment will be made by second party.

Annual Appraisal means a written valuation of the Company and/or its outstanding shares of Common Stock at and as of the last day of any fiscal year of the Company prepared by an independent evaluator selected by the Committee. Without limiting the generality of the foregoing, with respect to any Option granted prior to October 1, 1996, the term "Annual Appraisal" means the value of the Company at and as of September 30, 1995 as

Annual Appraisal has the meaning specified in Section 2.15(d).

Annual Appraisal means the MAI appraisal, prepared annually with respect to each Real Property Asset in connection with each Valuation Date, by an appraisal company selected in the manner customarily used by Borrower in the selection of such appraisal companies.

Annual Appraisal contained in Section 1.1 hereof shall be deleted in its entirety.