Applicable Restricted Period means, in the event of any termination of the Executive’s employment during the Term of Employment, the twelve (12) month period immediately following the Date of Termination, provided that the Executive is in timely receipt of all compensation payable hereunder.
Applicable Restricted Period means the period ending (a) twelve (12) months after the Closing with respect to the first one-third (1/3) of the shares of the HSW Stock, (b) eighteen (18) months after the Closing with respect to the next one-third (1/3) of the shares of the HSW Stock, (c) twenty-four (24) months after the Closing with respect to the remaining one-third (1/3) of the shares of the HSW Stock.
Applicable Restricted Period means (a) with respect to Competitive Activities related to the portion of the Business transferred pursuant to Purchased Contracts, twenty-four (24) months after the Principal Closing Date and (b) with respect to Competitive Activities related to the portion of the Business transferred pursuant to Business Renewal Rights, the longer of (i) twenty-four (24) months after the Principal Closing Date and (ii) for each such Business Renewal Right, the end of the first renewal period in respect of the applicable Business Policy to which such Business Renewal Right relates.
Examples of Applicable Restricted Period in a sentence
During the Applicable Restricted Period, XXX XXXX may not make or solicit any Sale of, or create, incur or assume any Encumbrance with respect to, at least four million (4,000,000) shares of the Common Stock issued to XXX XXXX pursuant to the Merger Agreement (the “Restricted Zhou Stock”); provided that the restrictions contained in this Section 2.02 shall terminate and be of no further force and effect on the date that is twelve (12) months after the Closing.
The Applicable Restricted Period means the period during which the holder may not dispose of any shares underlying the Covered Instrument without triggering unfavorable tax or social security charge consequences for any company in the Purchaser group.
During the Applicable Restricted Period, Sapphire and Emerald shall not, and shall cause the Restricted Companies not to, directly or indirectly, solicit Customers in respect of any Competitive Activity.
More Definitions of Applicable Restricted Period
Applicable Restricted Period means twenty-four (24) months after the Principal Closing Date.
Applicable Restricted Period means the twelve (12) month period following the Termination Date.
Applicable Restricted Period means the period ending on the later of (i) the five (5) year anniversary of the Closing Date (as defined in the Merger Agreement) or (ii) the period ending on the second anniversary of the Termination Date.
Applicable Restricted Period means: (A) Other than in connection with a Change in Control, either (1) in the event of a termination without Good Cause or For Good Reason, the Severance Period or (2) in the event of a termination for Good Cause or without Good Reason or due to Disability, one (1) year; and (B) In connection with a Change in Control, the CIC Severance Period. (ii) “Brand Company Product” means a Company Product that is marketed (or anticipated to be marketed) under a New Drug Application, with the exception of any authorized generic product, which will be considered a “Generic Company Product.” (iii) “Company Products” means the pharmaceutical products that are manufactured, marketed, distributed, sold or licensed by the Company or are in the Company's pipeline of products as of the Termination Date; provided, that a product (other than Corticotropin) shall not be deemed a “Company Product” as that term is used herein if the revenues and/or projected revenues attributable to such product accounted for (or are projected to account for) less than 5% of the net revenues of the Company for the most recent period of 12 complete calendar months preceding the Termination Date and for any period of 12 complete calendar months beginning on the first day of the calendar month in which the Termination Date occurs and ending on the second anniversary of such date. For the avoidance of doubt, Corticotrophin shall be deemed a Company Product regardless of the net revenues accounted for or projected to be accounted for by it. (iv) “Competitive Activity” - means, as of any relevant date: (A) With respect to the Generic Company Products, the development, manufacturing, marketing, distribution or sale, or licensing of any pharmaceutical product in the Territory (1) that is an AB-rated generic equivalent of the same Reference Listed Drug product as a Generic Company Product and for which there are four or fewer AB-rated generic equivalent competitors or (2) that is a direct competitor of any Company Product that is a DESI Product and that utilizes the same active pharmaceutical ingredients as such DESI Product; (B) With respect to the Brand Company Products, the development, manufacturing, marketing, distribution or sale, or licensing of: (1) any pharmaceutical product in the Territory that is an AB-rated generic equivalent of a Brand Company Product and (2) for which either (I) there are three or fewer AB-rated generic equivalent competitors or (II) AB-rated generic equivalents have been...
Applicable Restricted Period means the twelve (12) month period following
Applicable Restricted Period means: (i) with respect to 50% of the Closing Shares the Closing Shares and any Providence Shares to which such Closing Shares are exchanged, the period beginning on the Closing Date and ending on the first (1st) anniversary of the Closing Date; (ii) with respect to 50% of the
Applicable Restricted Period means the three (3)-year period commencing on the Closing Date.