Participation Point definition

Participation Point means, with respect to a Participant, the unit measurement used to determine the Participant’s share of the Performance Pool generated with respect to a Performance Period.
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Participation Point means one percent of the Plan Cash Flow for any Plan Year; 100 Participation Points shall be awarded to Participants in any Plan Year during which any awards are made.
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Participation Point means a hypothetical unit designated by the Company as a metric for determining the portion of the Retention Bonus Pool to which a Participant is entitled. For the avoidance of doubt, Participation Points do not represent shares of the Company’s common stock or any other equity security of the Company or any of its affiliates, nor does a Participation Point provide any rights to obtain ownership of any shares of the Company’s common stock or any other equity security of the Company of any of its affiliates.
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Examples of Participation Point in a sentence

  • Your institution hereby designates the electronic device that accesses the Reserve Bank’s systems using the RTN/ETI listed in Section 3 as the Service Participation Point for the RTNs and services listed in Section 3.1.

  • Your institution hereby designates the electronic device that accesses the Reserve Bank’s systems using the RTN listed in Section 3 as the Service Participation Point for the RTNs and services listed in Section 3.1.

  • Part 6E: Designation of Service Participation Point‌ This agreement enables an institution who is participating in the FedPayments Reporter Service and/or the FedACH Risk RDFI Alert Service to designate a Service Participation Point (SPP) to have access to and administer one or both of these services for them.

  • Prior to the Full Participation Point, La Jolla shall use diligent efforts to implement the Operating Plan/Budget in a prompt and expeditious manner and in a manner designed to obtain Marketing Approvals for the existing Product in the United States and the European Union; and La Jolla shall use diligent efforts to ensure that the Operating Plan/Budget provides at all times for adequate activities, resources and funding to achieve such results in an expeditious and efficient manner.

  • Notwithstanding the foregoing, prior to the Full Participation Point, except as the Parties may otherwise agree, La Jolla shall conduct any commercialization activities to be conducted with respect to the Products for all or any portion of the Territory at La Jolla’s sole expense.

  • To effect the election to make such payments in the form of equity, BioMarin CF shall so notify La Jolla in writing within fifteen (15) days after receiving the Completion Notice that triggered such payment, specifying the amount of the payment relating to the Full Participation Point that BioMarin CF so elects to make in the form of such equity purchase (“Equity Election Notice”).

  • Participation Point Manager is submitting this form and designated an electronic connection associated with Participating Institution’s RTN listed in Section 2 of this form.

  • From and after the Full Participation Point, except as expressly provided in Section 5.1(a) and (b), BioMarin CF shall be responsible for filing, obtaining and maintaining, in its own name, all other INDs, Marketing Applications, Marketing Approvals and other regulatory filings related to the development and commercialization of Products within the Territory, provided that La Jolla will fully support and cooperate with BioMarin CF in connection with such activities to the extent requested by BioMarin CF.

  • Notwithstanding the foregoing prior to the Full Participation Point, such obligations shall not require La Jolla to initiate or conduct an efficacy trial in humans other than the ASPEN Study.

  • For example, if BioMarin CF provides a notice of termination under this Section 7.8(a) after receipt of a Completion Notice from La Jolla of a P-Value Achievement at the Second Interim Efficacy Analysis, but prior to the date on which the corresponding payment in respect of the Full Participation Point becomes due (i.e., thirty (30) days after such notice from La Jolla), then this Agreement shall terminate and such payment in respect of the Full Participation Point shall not be due.