Examples of Maximum Entitlement in a sentence
This Plan of Allocation contemplates a determination of eligibility and an allocation and Distribution to each Authorized Claimant of a share of the Compensation Fund calculated on the basis of the calculation set forth herein, up to the Maximum Entitlement for each Authorized Claimant.
The Maximum Entitlement shall then be rounded to the nearest $50.
The number of Options offered in the lapsed Offer shall be deducted from the Maximum Entitlement or the balance of the Maximum Entitlement of the eligible employee, and the eligible employee shall not be entitled to be offered the number of Options offered in the lapsed Offer, in any Offers made in the future.
The maximum entitlement of any one club to the C&S Grants Budget shall be reckoned according to the following formula: Maximum Entitlement = 1.5 × (Grants Budget ÷ Number of Clubs) + 500where the Grants Budget refers to the Grants budget line set by C&S Committee,Number of Clubs is the number of clubs affiliated to UMSU at the start of the calendar year.
If a Claimant disagrees with the Administrator’s decision relating to eligibility to share in the Distribution, the determination of the number of Qualified Shares, or the amount of his/her/its Maximum Entitlement (September Disclosure) and/or Maximum Entitlement (November Disclosure), a Claimant may elect a Reference by the Referee by delivering a written election for review to the Administrator within fifteen (15) days of receipt of the Administrator’s decision.
Maximum Entitlement of Shares of Each ParticipantThe total number of shares issued and to be issued upon exercise of the options granted to each Participant (including exercised, cancelled, lapsed and outstanding options) in any 12-month period shall not exceed 1% of the total number of shares in issue.
If a Claimant disagrees with the Administrator’s decision relating to eligibility to share in the Distribution, the determination of the number of Qualified Shares, or the amount of his/her/its Maximum Entitlement (July Disclosure) and/or Maximum Entitlement (August Disclosure), a Claimant may elect a Reference by the Referee by delivering a written election for review to the Administrator within fifteen (15) days of receipt of the Administrator’s decision.
Whether the allegation falls within the definition of research misconduct.
Maximum Entitlement of Each Eligible Participant The maximum entitlement of each eligible participant is that the total number of shares issued and to be issued upon exercise of the outstanding options granted and to be granted to such eligible participant (including both exercised, cancelled and outstanding options) under the 2012 Scheme and other scheme(s) of the Group in any 12-month period must not exceed 1% of the issued share capital of the Company at the date of grant.
Maximum Entitlement of a Participant Unless approved by our Shareholders, the total number of Class B Shares issued and to be issued upon exercise of the options granted and to be granted under the Post-IPO Share Option Scheme and any other share option scheme(s) of the Company to each selected participant (including both exercised and outstanding options) in any 12-month period shall not exceed 1% of the total number of Class B Shares in issue (the “Individual Limit”).