Service Requirement definition

Service Requirement means the Grantee must have been in the continuous employment of the Company (or a Subsidiary or Affiliate of the Company) from the Grant Date through the applicable vesting anniversary of the Grant Date as provided in Section 3(b) without incurring a Separation from Service.

Service Requirement means the continuous and on-going service requirement set out in clause 5.2;

Service Requirement means that the Executive remains employed by the Company pursuant to this Agreement on the vesting date.

Examples of Service Requirement in a sentence

• Changes in accrual rates shall be made effective at the beginning of the next payroll period following completion of the specified Length of Service Requirement.

• For purposes of determining changes in an employee's accrual rate, Length of Service Requirement shall not include periods of suspension, or unpaid non-medical leaves of absence, that are more than one full payroll period in duration.

• For purposes of determining changes in a supervisor's accrual rate, periods of suspension or unpaid non-medical leaves of absence shall not be deducted from the Length of Service Requirement unless they are one (1) full payroll period or more in duration.

• Changes in accrual rate shall be made effective at the beginning of the next payroll period following completion of the specified Length of Service Requirement.

• Seller shall provide and deliver to the Delivery Point and the Buyer shall receive at the Delivery Point the percent of the Requirements applicable to each Service Requirement as set forth on Appendix A during the Delivery Term.

More Definitions of Service Requirement

Service Requirement means the requirement that the Participant remain an Employee of (or, if the Participant is not an Employee, that the Participant perform services for) the Company and/or its Subsidiaries continuously from the Date of Grant until the Service Vesting Date as a condition to the vesting of Restricted Shares.

Service Requirement the relevant service requirements detailed in the notification of Contract Award;

Service Requirement means a load-following, wholesale power supply requirement, defined by a unique combination of Customer Group, load responsibility and Delivery Term as listed in Appendix A.

Service Requirement shall begin on the Grant Date and extend until the first anniversary of the Grant Date. A Participant must serve as a Board member during the entire period of the Service Requirement. Other terms used in this Agreement are defined pursuant to paragraph 8 or elsewhere in this Agreement or Plan.

Service Requirement means any period of employment within the Group as the Committee in its absolute discretion may determine is required and, unless otherwise determined, no such period of employment shall be required;

Service Requirement means that the Optionee shall have a continuous Relationship from the Date of Grant through December 31, 2015 (or, if the Optionee's Relationship is terminated by reason of the Optionee's Retirement, death or Permanent Disability (as those terms are defined in Section 6 below) on or after January 1, 2015 and before December 31, 2015, through the date of such termination of Relationship); (ii) “Performance Period” shall mean the period beginning on the Date of Grant and ending on December 31, 2018; (iii) “Total Shareholder Return” shall mean the increase, expressed as a percentage, in the closing price of the

Service Requirement. [Plan Sec. 3.1(a)]