Employees Only. Incentive Stock Options may be granted only to persons who are Employees on the Grant Date.
Employees Only. Incentive Stock Options shall be granted only to Participants who are employees of the Company or any Subsidiary.
Employees Only. I understand that if I dispose of any shares received by me pursuant to the Plan within two (2) years after the Offering Date (the first day of the Offering Period during which I purchased such shares) or one (1) year after the Exercise Date, I will be treated for federal income tax purposes as having received ordinary income at the time of such disposition in an amount equal to the excess of the fair market value of the shares at the time such shares were purchased by me over the price which I paid for the shares. I hereby agree to notify the Company in writing within thirty (30) days after the date of any disposition of my shares and I will make adequate provision for Federal, state or other tax withholding obligations, if any, which arise upon the disposition of the Common Stock. The Company may, but will not be obligated to, withhold from my compensation the amount neces-sary to meet any applicable withholding obligation including any withholding necessary to make available to the Company any tax deductions or benefits attributable to sale or early disposition of Common Stock by me. If I dispose of such shares at any time after the expiration of the two (2)-year and one (1)-year holding periods, I understand that I will be treated for federal income tax purposes as having received income only at the time of such disposition, and that such income will be taxed as ordinary income only to the extent of an amount equal to the lesser of (a) the excess of the fair market value of the shares at the time of such disposition over the purchase price which I paid for the shares, or (b) 15% of the fair market value of the shares on the first day of the Offering Period. The remainder of the gain, if any, recognized on such disposition will be taxed as capital gain.
Employees Only. (a) A redundancy may occur in a situation where an employee’s job is terminated because it has become superfluous to the University’s needs.
Employees Only. Weekly Indemnity Sixty (60%) percent of weekly earnings to a maximum of Five hundred and twenty four ($524.00) dollars or EI Maximum per week (whichever is greater). The benefits are payable from the first day disabled due to an accident or from the fourth (4) day disabled due to illness. Payments will continue while you are disabled for a maximum of fifty two (52) weeks. No Weekly Indemnity benefits after age seventy (70). Group Life and A.D.&D Group Life – One hundred thousand ($100,000) dollars A.D.&D. – Seventy five thousand ($75,000) dollars Benefit reduces by fifty (50%) percent at age sixty five (65) and terminates at age seventy (70) for active employees.
Employees Only. 4.1 [401(k)
Employees Only. Employee also acknowledges and agrees that the Company will, without Employee’s consent, assign its rights and obligations under this Agreement to ________, and Employee will be an employee of _________ upon such assignment. The Employee's base and principal office of employment will be the Company's office at _______________. However, the Employee will be required to undertake overseas travel as necessary to fulfill the Employee's responsibilities under this Agreement.] In all other circumstances, the rights and obligations of the Company under this Agreement may be assigned with Employee’s consent (which may not be unreasonably withheld) and shall inure to the benefit of and be binding upon the successors and assigns of the Company. Employee’s rights and obligations under this Agreement may not be assigned to or be assumed by any other person or entity.
Employees Only. Glowpoint agrees to use only its employees to perform the VNOC Services. Glowpoint may not subcontract or use contractors for any part of the VNOC Services without in each instance obtaining the prior written consent of Polycom, which may be withheld in Polycom’s sole discretion and conditioned as Polycom deems appropriate. Polycom hereby consents, however, to Glowpoint subcontracting all field services (domestically and internationally) and all translation services. All employees to be used by Glowpoint for any VNOC Services must have executed and in effect a valid “confidentiality and assignment of inventions agreement” with Glowpoint under which Glowpoint owns all works of authorship and all inventions of such employee created, conceived or reduced to practice in the course of employment with Glowpoint.
Employees Only. The Employer recognizes the Union as the exclusive bargaining agent for all the Employer’s employees who are employed at Dearness Home save and except: Office and Clerical Employees, Management Administrative Assistants, persons above the rank of Supervisor, Payroll Staff, summer students employed during the summer months and casual help working not more than hours per week.
Employees Only. I The Employer recognizes the Union as exclusive bargaining agent for all the Employer‘s employees employed at Dearness Home save and except: Office and Clerical Employees, Management Administrative Assistants, Supervisors, persons above the rank of Supervisor and Payroll Staff.
