Comparable Offer definition

Comparable Offer means a binding offer of employment by the Company to the Executive on terms substantially the same as the terms of this Agreement, or on terms more beneficial to the Executive, including, without limitation, terms and provisions regarding (i) the Executive’s position, title, duties, authority, and responsibilities, (ii) base salary, annual bonus, options, restricted shares, severance payments and other compensation provided to the Executive, and (iii) health and medical, welfare, retirement, deferred compensation, perquisite, fringe benefit and other benefit plans in which the Executive will be eligible for participation.
Comparable Offer has the meaning set forth in Section 7.5(b).
Comparable Offer shall be an offer of employment that includes each of: (1) a geographic location of the principal place of employment that is within fifty (50) miles of the location of Employee’s principal place of employment as of the time immediately prior to the Change in Control, (2) a base salary not less than the base salary in effect immediately prior to the Change in Control and (3) Employee serving with a title of Chief Accounting Officer of Parent or Buyer following such Change in Control.

Examples of Comparable Offer in a sentence

  • If you have any concerns about your selection or treatment as a research participant, please contact Nicole Morse, Research Compliance Manager, Office of Research, Kepner Hall, University of Northern Colorado Greeley, CO 80639; 970-351-1910.

  • If a PSR Holder accepts that offer within the period permitted for acceptance, Members of the Pioneer Foods Group, funded by the Pepsi Offeror, will pay the Per PSR Holder Comparable Offer Consideration to that PSR Holder.

  • Fairvest has, therefore, proceeded to obtain Fairvest Shareholder approval in respect of, inter alia, the Fairvest Acquisition including the authority to acquire further AHB Shares and AHA Shares as may be required in respect of the Mandatory Offer and Comparable Offer that would be triggered as a result of the implementation of the Fairvest Acquisition.

  • As stated above, the Independent Board has appointed the Independent Expert to compile a report on the PepsiCo Offer, the Pioneer Foods Class A Share Comparable Offer, the PSR Comparable Offer and the BEE Trust Repurchase.

  • To the best of the knowledge of Alaris and the Consortium, the dealings of the providers of Irrevocable Undertakings Voting and the Irrevocable Undertakings Comparable Offer in Alaris securities during the six-month period prior to the Implementation Agreement Signature Date and the period from the Implementation Agreement Signature Date up to the Last Practicable Date are as set out in Annexure 7.


More Definitions of Comparable Offer

Comparable Offer has the meaning set forth in Section 6.4(a).
Comparable Offer means a comparable offer made or to be made to the holders of the Options in terms of section 125(2) of the Companies Act read with regulation 87(2) of the Companies Regulations, 2011 to the extent not waived by the Option Holders;
Comparable Offer means an offer of employment to the Participant with the Successor (as defined below) or the Employer, as applicable, on terms including (i) comparable position, (ii) at least the same base salary, and (iii) at least the same target annual bonus amount opportunity.
Comparable Offer means an offer of employment wherein the salary, bonus and overall compensation and benefits package (other than with respect to equity participation), job description and scope of duties (although not necessarily job title) are no less favorable than those applicable to the 2008 Employee Investor’s employment immediately prior to the Sale of the Company and pursuant to which the 2008 Employee Investor’s primary job location is within 25 miles of the individual’s primary job location immediately prior to the Sale of the Company.
Comparable Offer means a binding offer of employment by the Company to the Executive on terms substantially the same as the terms of this Agreement, or on terms more beneficial to the Executive, including, without limitation, terms and provisions regarding (i) the Executive’s position, title, duties, authority, and responsibilities, (ii) base salary, annual bonus, options, restricted shares, severance payments and other compensation provided to the Executive, and (iii) health and medical, welfare, retirement, deferred compensation, perquisite, fringe benefit and other benefit plans in which the Executivewill be eligible for participation.
Comparable Offer means the comparable offer, as contemplated in section 12⭯(2) of the Companies Act, to pay Share Incentive Scheme Participants holding unexercised, vested Share options in terms of the Share Incentive Scheme with an exercise price of less than R4.2⭯ per Share the Comparable Offer Consideration for each unexercised, vested Share option with an exercise price of less than R4.2⭯ per Share held by a Share Incentive Scheme Participant;
Comparable Offer means an offer of regular employment made by Buyer or a Subsidiary of Buyer to a Business Employee commencing on the Closing Date which offers a non-commissioned Business Employee a base salary equal to or greater than the base salary he or she was paid by Seller or a Subsidiary of Seller as of the date hereof or offers a commissioned Business Employee an on-target earnings opportunity equal to or greater than the on-target earnings opportunity he or she had with Seller or a Subsidiary of Seller as of the date hereof. Furthermore, to constitute a “Comparable Offer,” the terms of an offer must be substantially similar to the terms which Buyer or the applicable Subsidiary of Buyer, as the case may be, would normally offer to a new employee being hired for the same position with similar education and experience and located in the same geographic location, and Buyer or the applicable Subsidiary of Buyer, as the case may be, must (i) offer a Business Employee a position where, immediately following the Closing, the Business Employee’s principal place of work will be within thirty-five miles of the Business Employee’s principal place of work with Seller or a Subsidiary of Seller as of the date hereof, (ii) recognize the Service Date of such Business Employee for any benefits offered by Buyer or the applicable Subsidiary of Buyer, as the case may be, that relate to a start date of employment, (iii) provide credit for all vacation time and paid time off that such Business Employee accrued pursuant to the policies of Seller or a Subsidiary of Seller but did not forfeit or use prior to the Closing Date, and (iv) terms that comply with the provisions of Section 6.6(b) of this Agreement.