Description of the Plan Sample Clauses

Description of the Plan. The MPLX LP 2012 Incentive Compensation Plan (“MPLX 2012 Plan”) authorizes the MPLX GP board of directors (the “Board”) to grant unit options, unit appreciation rights, restricted units and phantom units, distribution equivalent rights, unit awards, profits interest units, performance units and other unit-based awards to the Partnership’s or any of its affiliates’ employees, officers and directors, including directors and officers of MPC. No more than 2.75 million MPLX LP common limited partner units may be delivered under the MPLX 2012 Plan. Units delivered pursuant to an award granted under the MPLX 2012 Plan may be funded through acquisition on the open market, from the Partnership or from an affiliate of the Partnership, as determined by the Board. Unit-based awards under the Plan The Partnership expenses all unit-based payments to employees and non-employee directors based on the grant date fair value of the awards over the requisite service period, adjusted for estimated forfeitures.
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Description of the Plan. 1. The Self-Funded Leave shall afford an employee the opportunity to enter into an agreement with the Employer to take a paid leave to the extent that funds have accrued during the funding period as a result of salary deductions to the Plan.
Description of the Plan. The Plan allows you to sell to CWG, and CWG hereby agrees to buy, the Device at the Buy Back Amount during the Plan Period according to the schedule and the terms and conditions set forth in this Agreement.
Description of the Plan. 2.2.1 Period of the Plan The “Period of the Plan” shall commence on the Effective Date of this Agreement and terminate upon termination of this Agreement for any reason; however, for each EXXX Eligible Engine, this guarantee shall not take effect until completion of such EXXX Eligible Engine’s Module Exchange, Miscellaneous or Heavy Maintenance Shop Visit under the EXXX. An “Annual Period” is each consecutive twelve (12) month period during the period of the IFSD Plan.
Description of the Plan. You will give us written approval of a written description of the Plan benefits and Plan provisions in a timely manner, so that we will be able to provide our services under this Agreement on the Effective Date.
Description of the Plan. The Plan allows you to trade-in your Device during the Plan Period thereby entitling you to receive the Trade-In Plus ™ Amount according to the terms and conditions set forth in this Agreement.
Description of the Plan. The Plan permits the grant of stock options and restricted stock of the Company’s common stock (each, an “Award”). The following summary of the material features of the Plan is entirely qualified by reference to the full text of the Plan. There are 12,067,859 shares of common stock reserved for issuance under the Plan. The Board shall have the power and authority to make Awards to employees, directors, consultants and independent contractors who serve the Company and its affiliates. Any stock options granted under the Plan shall have an exercise price equal to or greater than the fair market value of the Company’s shares of common stock. Unless otherwise determined by the Board, stock options shall vest over a four year period with 25% being vested after the end of one (1) year of service and the remainder vesting equally over a 36 month period. The Board may award options that may vest based upon the achievement of certain performance milestones. EXHIBIT E ACCREDITED INVESTOR QUESTIONNAIRE IN CONNECTION WITH INVESTMENT IN CONVERTIBLE NOTE IHOOKUP SOCIAL, INC., A NEVADA CORPORATION PURSUANT TO SECURITIES PURCHASE AGREEMENT DATED AUGUST ___, 2015 TO : Palladium Capital Advisors, LLC 000 Xxxx Xxxxxx, Xxxxx 000 Xxx Xxxx, XX 00000 Fax: (000) 000-0000 INSTRUCTIONS PLEASE ANSWER ALL QUESTIONS. If the appropriate answer is “None” or “Not Applicable”, so state. Please print or type your answers to all questions. Attach additional sheets if necessary to complete your answers to any item. Your answers will be kept strictly confidential at all times. However, Palladium Capital Advisors, LLC (the “Company”) may present this Questionnaire to such parties as it deems appropriate in order to assure itself that the offer and sale of securities of the Company will not result in a violation of the registration provisions of the Securities Act of 1933, as amended, or a violation of the securities laws of any state.
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Related to Description of the Plan

  • Description of the Project THIS SHOULD BE NO MORE THAN A TWO PARAGRAPH DESCRIPTION THAT PROVIDES A BACKGROUND OF THE PROBLEM, AS WELL AS HOW THE CONTRACTOR INTENDS TO SOLVE THE PROBLEM. KEEP IN MIND THAT THE CONTRACT SHOULD “STAND ON ITS OWN,” I.E. ANYONE SHOULD BE ABLE TO PICK IT UP AND FIGURE OUT WHAT IS GOING ON.)

  • DESCRIPTION OF THE PROPERTY 13.1 The Property as referred to in the Proclamation of Sale shall be deemed to have been correctly and sufficiently described.

  • Incorporation of the Plan All terms, conditions and restrictions of the Plan are incorporated herein and made part hereof as if stated herein. If there is any conflict between the terms and conditions of the Plan and this Agreement, the terms and conditions of the Plan shall govern. Unless otherwise indicated herein, all capitalized terms used herein shall have the meanings given to such terms in the Plan.

  • Administration of the Plan a. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Income and Taxes and stating that Profit was determined in accordance with GAAP and that Quarterly Profit was calculated in accordance with this Section.

  • Description of the service 9.1.1 Internet banking service implies an ability for the client to manage and receive remotely the following services from the bank by means of using the special Internet-site of the bank xxxxx://xxx.xxxxxxxxxxxxxxx.xx:

  • Termination of the Plan The Board may suspend or terminate the Plan at any time. No Incentive Stock Options may be granted after the tenth anniversary of the earlier of: (i) the Adoption Date, or (ii) the date the Plan is approved by the Company’s stockholders. No Awards may be granted under the Plan while the Plan is suspended or after it is terminated.

  • Description of Services (a) Services Provided on an Ongoing Basis, If Applicable.

  • Description of Service 2.14.1.1 BellSouth shall make available to <<customer_name>> loop makeup (LMU) data for BellSouth's network facilities. This section addresses LMU as a preordering transaction, distinct from <<customer_name>> ordering any other service(s). Loop Makeup Service Inquiries (LMUSI) for preordering loop makeup are likewise unique from other preordering functions with associated service inquiries (SI) as described in this Agreement.

  • Description of the Services 1.1 The scope of the service to be rendered is described more fully in the Annexures and Schedules referred to below: ❑ Annexure A – Scope / Specification ❑ Annexure C – Pricing Schedule 2 DELIVERABLES AND COMPLETION DATE The Deliverables, due for completion by and governed by this Schedule 1. In the event that the Service Provider fails to meet the delivery dates as agreed, the following penalties will be imposed:

  • Description of the Transfer The details of the transfer and of the personal data are specified in Annex B. The parties agree that Annex B may contain confidential business information which they will not disclose to third parties, except as required by law or in response to a competent regulatory or government agency, or as required under clause I(e). The parties may execute additional annexes to cover additional transfers, which will be submitted to the authority where required. Annex B may, in the alternative, be drafted to cover multiple transfers. ANNEX A

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