Examples of Transition in a sentence
After the Transitional Work Period, you agree to be reasonably available on request of the Company to consult with the Company as needed in order to ensure a smooth and orderly transition (the “Post-Employment Transition Services”).
The Company and Executive have entered into that certain Transition Agreement, dated March 7, 2024 (the “Transition Agreement”).
You and the Company agree that the Post-Employment Transition Services will not exceed 8 hours per month in October 2024 after the end of the Transitional Work Period, 4 hours per month in November 2024, and 2 hours per month in each month thereafter for which you receive the Health Insurance Stipend, provided however that you agree to provide Post-Employment Transition Services through at least the end of 2024, even if the Health Insurance Stipend ends sooner.
Further, on behalf of the Issuer, the Administrator shall perform the duties and obligations related to a transition from the then-current Benchmark, including but not limited to the determination of a Benchmark Transition Event and its related Benchmark Replacement Date and any SOFR Adjustment Conforming Changes or Benchmark Replacement Conforming Changes pursuant to the terms of the Indenture.
The parties hereto hereby amend the Transition Agreement as follows, effective as of the Amendment Effective Date.