PROCEDURE 3 definition

PROCEDURE 3. The Purchase Price of the shares being purchased which is payable to the Corporation pursuant to this notice shall be offset against the fair market value of that number of such shares which is an amount equal to the Purchase Price. For example, if the fair market value of the shares being purchased is $24.00 per share, then 50% of the shares being so purchased shall be retained by the Corporation as payment for the other 50% of the shares. This method of exercise is only available to the extent that it is consistent with the Plan and is permissible for incentive stock options under Sections 421 and 422 of the Internal Revenue Code.
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PROCEDURE 3. The Purchase Price of the shares being purchased which is payable to the Corporation pursuant to this notice shall be offset against the fair market value of that number of such shares which is an amount equal to the Purchase
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Examples of PROCEDURE 3 in a sentence

  • Discharge Grievance Policy Grievance , PROCEDURE 3 3 3 3 3 5 3 6 2 2 5 5 4 3 4 3 4 3 HOURS OF WORK .

  • ON BEHALF OF: ON BEHALF OF: 1 INTENT AND PURPOSE 1 2 COVERAGE 1 3 RECOGNITION AND UNION SECURITY 1 4 NO STRIKES AND LOCKOUTS 2 5 MANAGEMENT RIGHTS 2 6 STEWARDS 3 7 GRIEVANCE PROCEDURE 3 8 ARBITRATION 4 9 SENIORITY 5 10 INJURY ALLOWANCES 7 11 ADMISSION TO COMPANY PROPERTY 7 12 VOLUNTARY CHECK-OFF OF UNION DUES AND INITIATION FEES.

  • SECTION 125 PLAN 3 ARTICLE IV - GRIEVANCE PROCEDURE 3 STEPS OF GRIEVANCE PROCEDURE 4 STEP ONE 4 STEP TWO 5 STEP THREE 5 STEP FOUR 5 ARTICLE V - GENERAL TEACHER PROTECTION AND DUTIES 6 A.

Related to PROCEDURE 3

  • Procedure means one or more surgical procedures or medical therapy performed in a Center of Excellence.

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Staff Vetting Procedure means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.