Target Milestones definition
Examples of Target Milestones in a sentence
Awardee shall be responsible for all costs related to executing their Business Plan and fulfillment of the Target Milestones, Engagement requirements, Relocation requirements, legal fees, accounting fees, personnel costs, and any tax liability arising from Awardee’s receipt of the Award.
Awardee shall be solely responsible for such passports, visa and/or other immigration matters as may be necessary if Awardee’s Key Personnel are relocating into the United States pursuant to the Business Plan, Target Milestones and/or Engagement requirements.
Awardee represents and warrants that neither it nor any of its Key Employees are restricted in any manner by any law, rule, regulation or contract from performing: (i) the terms of this Agreement; (ii) the Terms and Conditions; (iii) its Business Plan; (iv) the Warrant, (v) owning or using its assets; (vi) the Target Milestones; (vii) the Engagement requirements; or (viii) the Relocation requirements (collectively the “Obligations”).
If selected as a winner of an Award, Awardee shall devote the whole of Awardee’s business efforts to its Business Plan and the Target Milestones and shall cause its personnel to devote the whole of their business efforts to the Business Plan.
The Board will, in its sole discretion, determine whether Executive achieved the Target Milestones, and the amount of Executive’s bonus, if any.
The Construction Manager will perform the Services in accordance with the Target Milestones and the Critical Path Milestones set forth in Exhibit C.
Awardee agrees that any material deviation from the Target Milestones, may be considered a breach of this Agreement, in the sole and absolute discretion of 43North.
Such Target Milestones shall be outlined in writing and agreed upon within ninety (90) days of the date of this Agreement.
Awardee shall headquarter its business at the 43North incubator location and operate in accordance with the Target Milestones (as hereinafter defined) at such location for a period of twelve (12) consecutive months.
If selected as a winner of an Award, Awardee shall devote the whole of Awardee’s business efforts to its Business Plan and the Target Milestones, and shall cause its personnel to devote the whole of their business efforts to the Business Plan.