Stand Down Period definition
Examples of Stand Down Period in a sentence
If an Employee is not ready, willing and available to perform work as requested by the Company prior to and during the Cyclone Stand Down Period, that Employee shall not be entitled to pay for that day.
In the event a Party undergoes a Change of Control, both the 5 Year Stand Down Period for Existing Products and the Arbitration Period and 3 Year Stand Down and Dispute Resolution Process for New Products will automatically terminate, but all other terms of this Agreement will remain in full force and effect.
During the Stand Down Period, the Company may maintain a website through which customers may directly enroll, operate a customer service line through which NGE can enroll customers through inbound calls initiated by the customer, and contact existing NGE customers via mail concerning renewal of service.
During the Reengagement Period, NGE may resume the sales and marketing activities that were restricted during the Stand Down Period and described in more detail in Section E, below, subject to the terms and conditions set forth herein.
Unless otherwise specified, this Compliance Plan will remain in full force and effect for two (2) years beginning with the last date of the Stand Down Period, as that term is defined herein (the “Reengagement Period” and collectively with the Stand Down Period, “the Compliance Plan Term”).
After the conclusion of the Stand Down Period, NGE will deliver a copy of the Compliance Plan to any in-house sales personnel marketing to Illinois customers and any third-party sales vendors and representatives marketing to Illinois customers prior to the beginning of any solicitations during the Reengagement Period.