Qualification Period definition
Examples of Qualification Period in a sentence
Notwithstanding the foregoing, during any California Qualification Period, this Option may not be transferred in any manner other than by will, by the laws of descent and distribution, or, if it is designated as a Nonstatutory Stock Option, as permitted by Rule 701 of the Securities Act of 1933, as amended, as the Administrator may determine in its sole discretion.
During any California Qualification Period, the Awardee may not transfer the right to purchase Shares under this Award other than by will, by the laws of descent and distribution, or as permitted by Rule 701 of the Securities Act of 1933, as amended, as the Administrator may determine.
The parties covenant and agree to use their mutual best efforts throughout the term of this Agreement, following the Qualification Period, to assist SpatiaLight to obtain and procure LCoS Set components to be used by SpatiaLight in connection with this Agreement at lower costs than SpatiaLight currently incurs and to obtain other favorable procurement terms and conditions for SpatiaLight.
If both the Audit and the Qualification are not completed within the initial Qualification Period, then the Qualification Period will be automatically extended for an additional thirty (30) calendar days.
LGE shall have until October 31, 2004 (the "Determination Date"; and the Effective Date through the Determination Date, the "Qualification Period") to perform final qualification tests on the Qualification Sets.