Downsizing. If (i) the Firm terminates your Employment solely by reason of a “downsizing” (and you have not engaged in conduct constituting Cause) and (ii) you execute a general waiver and release of claims and an agreement to pay any associated tax liability, in each case, in the form the Firm prescribes, your Outstanding RSUs that are not yet Vested will become Vested. Whether or not your Employment is terminated solely by reason of a “downsizing” will be determined by the Firm in its sole discretion.
Downsizing. (i) Notwithstanding any other provision of this Award Agreement and subject to your executing such general waiver and release of claims and an agreement to pay any associated tax liability, both as may be prescribed by the Firm or its designee, if your Employment is terminated solely by reason of a “downsizing,” the condition set forth in Paragraph 4(b) shall be waived with respect to a portion of your Discount RSUs that were Outstanding but that had not yet become Vested prior to your termination of Employment by reason of “downsizing,” as a result of which you shall become Vested in a portion of such Discount RSUs, determined with respect to each remaining Vesting Date by multiplying the number of Discount RSUs that would become Vested on each remaining Vesting Date by a fraction, the numerator of which is the number of months from the Date of Grant to the date your Employment terminated and the denominator of which is the number of months from the Date of Grant to the applicable Vesting Date, but all other terms and conditions of this Award Agreement shall continue to apply. Your termination of Employment by reason of “downsizing” shall not affect your Base Shares, and the Transfer Restrictions shall continue to apply until the Transferability Date as provided in Paragraph 3(b)(i)(B).
Downsizing. All downsizing requests are reviewed on a case-by-case basis and shall become effective when and if approved by CEDIA.
Downsizing. An Exhibitor may elect to reduce space requirements for the Show. Notification must be made in writing by the Exhibitor and confirmed by Management. Through January 19, 2011, Exhibitor shall pay liquidated damages an amount equal to 50% of the difference between the originally contracted and new exhibit space rental fee of the exhibit space rental, sponsorships and advertising fees for which the Exhibitor has contracted. After January 19, 2011, Exhibitor shall pay liquidated damages an amount equal to 100% of the difference between the originally contracted and new exhibit space rental fee. Exhibitor shall make any additional payment required to aggregate such damages. In addition to the assessed damages, the booth location may be moved at the discretion of Management.
Downsizing. The amount of space reserved may be reduced by Exhibitor by giving written notice to BIOTECH Management, subject to the following: On or before 30 April 2017 Exhibitor must pay 50% of the original Contract price, which amount may be applied against the reduced space. Any remaining amounts previously paid by Exhibitor will be refunded. After 1 May 2017: Exhibitor must pay 100% of the original Contract price, which amount may be applied against the reduced space. Any payment in excess of the cost of the new space is non-refundable. INSTALLATION: Until full payment of the booth fee has been received, Exhibitor will not be allowed to set up, nor will freight be delivered to booth. BOOTH PERSONNEL: Exhibitor must have staff present at booth during all open exhibition hours. Exhibitor’s personnel shall conduct themselves in a professional manner at all times. All booth personnel must be dressed appropriately to conduct business. SECURITY: While the Organizer shall arrange necessary security precautions in the interest of the Exhibition as a whole, the Organizer shall not be liable for any loss or damage to exhibits or other properties of the Exhibitor or any injury to persons, whether before, during or after the Exhibition. Exhibitor warrants that nothing that he/she, his/her servants or agents shall do in or for the Exhibition shall contravene any law or regulations, encroach upon third parties’ rights, or pose any exceptional danger or risk which has not been previously disclosed to the Organizer with sufficient precautionary measures taken. INSURANCE & LIABILITY: The Exhibitor shall insure, indemnify and hold the Organizer and the venue managers harmless in respect of all costs, claims, demands and expenses for incidents incurred by the staff or agent of the Exhibitor upon any person or things at the exhibition venue. VENUE AND VENUE PROPERTY: The Exhibitor shall take all necessary precautions to prevent any harm done to the venue and venue property. The Exhibitor is liable to compensate the Organizer for any damage done to the venue or venue property.
Downsizing. 1) A downsizing of the operations shall occur when an employee or employees are permanently removed or transferred from their regular jobs or shift in such a way that no employee is permanently laid off. An employee first affected by downsizing shall receive two (2) weeks' written notice in advance of the downsizing. In the event of notice being less, Article 14.07 will apply.
Downsizing. If (i) the Firm terminates your Employment solely by reason of a “downsizing” (and you have not engaged in conduct constituting Cause) and (ii) you execute a general waiver and release of claims and an agreement to pay any associated tax liability, in each case, in the form the Firm prescribes, your Outstanding PSUs that are not yet Vested will become Vested and Paragraph 9(b)(i) (relating to forfeiture if you Associate With a Covered Enterprise) will not apply. Whether or not your Employment is terminated solely by reason of a “downsizing” will be determined by the Firm in its sole discretion.
Downsizing. If the Company’s Board of Directors has determined in good faith that Executive’s services are no longer needed due to the sale of four or more of the stations owned by the Company as of the date hereof, including station WTVK, (“Downsizing”), then the Company may terminate the Executive by notifying the Executive in writing and such notice shall provide a termination date (the “Termination Date”) which shall be no longer than ninety (90) days from the date of such notice (the “Notice Date”) and Executive shall continue to perform the services provided for hereunder through and including the Termination Date. Upon the Termination Date, the Executive shall be entitled to receive severance pay based upon his Base Salary in effect at the time of his termination, payable in semi-monthly installments in arrears and be provided all medical benefits for a period of six months plus the number of days less than ninety (90) between the Notice Date and the Termination Date (the “Severance Period”). The Company may, in its discretion, accelerate the Termination Date, but in such event, the six month severance (including benefits) shall be increased by the number of days that the Termination Date was accelerated by. As an example, if the Company provides the Executive a 90-day notice of termination of services on January 1, and then determines that such services are not required beyond February 1, the severance period will be extended by two months and cover the period from February 1 through September 30.
Downsizing. If Executive’s employment is terminated without Cause because of Downsizing, then Executive has no obligation to seek or accept employment elsewhere after any termination under this Amended Employment Agreement. However, to the extent that Executive accepts employment elsewhere after any termination under this Amended Employment Agreement, the Company will have the right to offset any amounts paid to Executive from such other employment during the remaining term hereof, including any benefits to which Employee is entitled under the other company’s benefit plans and programs.
Downsizing a) For the purpose of this Article only, upon completion of probation (or the review period as the case may be), Regular Crown Counsel will accumulate Branch wide seniority from the date they were last hired in a continuous employment relationship. Where Crown is originally hired into an auxiliary position and moves directly into a regular position with no break in service, the auxiliary hire date shall be used. In this Article, "senior" or “junior" relates to Branch seniority, not years of call.
