Financial Benefits. An Employee who takes a pregnancy or parental leave pursuant to this Article 24 is entitled to the financial benefits set out in 24.01(a)(i) (Option A) or 24.01(a)(ii) (Option B) below, at his or her election. It is understood that an Employee electing to take a pregnancy leave and a parental leave for the same child (or children) may elect to receive financial benefits for either leave (under either Option) but not both leaves.
Financial Benefits. For each week of leave up to the 8th week, inclusive, the University will pay 90% of regular salary, less the maximum amount of weekly pay any individual is eligible to receive in accordance with the EIA (the “EI Max”), regardless of whether or not such amount is actually received by the employee. If the employee provides proof that their EIA entitlement is less than the EI Max, their weekly payment from the University will be 90% of regular salary less the amount of their EIA entitlement.
Financial Benefits. An employee who takes a pregnancy or parental leave pursuant to this Article is entitled to the financial benefits set out in 18.03(a)(i) (Option A) or 18.03(a)(ii) (Option B) below, at their election. It is understood that an employee electing to take a pregnancy leave and a parental leave for the same child (or children) may elect to receive financial benefits for either leave (under either Option) but not both leaves, except to the extent that the financial benefits of the elected Option are not exhausted at the end of the pregnancy leave, in which case they may continue during the parental leave until they are exhausted. To be eligible to access the financial benefits set out in 18.03(a)(i) (Option A) or 18.03(a)(ii) (Option B) below the employee must have 13 weeks of completed service as an employee at McMaster University prior to the commencement of their pregnancy or parental leave.
Financial Benefits. The City will earn revenue from a tax per ton of mined material, a tax on the sale of ready-mixed concrete from a new concrete plant permitted by the entitlements, a rebate on ready-mixed concrete produced by Developer for projects within City limits; and a revenue supplement. The City could not otherwise obtain the rebate and revenue supplement from Developer except by means of this Agreement or voter-approved special legislation.
Financial Benefits. [available to Full-Time Employees as at date of ratification of this Agreement, and Part-Time Employees as at October 1, 2019] An Employee who takes a pregnancy or parental leave pursuant to this Article 16.06 is entitled to the financial benefits set out in 16.06(a)(i) (Option A) or 16.06(a)(ii) (Option B) below, at their election. It is understood that an Employee electing to take a pregnancy leave and a parental leave for the same child (or children) may elect to receive financial benefits for either leave (under either Option) but not both leaves.
Financial Benefits. Grantee shall insure that a reasonable portion of any financial benefits derived from or generated by the development or commercialization of any technology as a result of the Project accrues to Grantee. This Agreement does not, however, prohibit other contributors to the development or commercialization of any such technology from receiving a portion of the financial benefits provided that the financial benefit to such other contributors, collectively, is commercially reasonable in relation to the financial investment or contribution of other value made by such other contributors to the development or commercialization of the technology. The factors to be evaluated in determining the reasonableness of allocations of financial benefit may include, but are not limited to, the amount of investment capital needed to develop and/or commercialize the technology, the length of time necessary for development and/or commercialization and the commercial value of any services provided by other contributors to the Project. Grantee acknowledges that it is the objective of the Grantor in awarding the Grant Funds to create jobs and business opportunities in Ohio and otherwise to benefit the economy of Ohio. Accordingly, Grantee shall undertake in good faith to carry out the Project and to develop and commercialize any resulting technology in such a manner as to create jobs and business opportunities in Ohio and otherwise to benefit the economy of Ohio, including, without limitation, making such objectives a significant factor in the evaluation and selection of potential licensees, distributors, joint venturers and business partners and in the terms of any license, option to license, distribution agreement or other agreement to exploit commercially any such technology.
Financial Benefits. 1. Benefits constitute a form of financial performance employees are entitled to on condition of their meeting the terms of this Collective Agreement.
Financial Benefits. Parental Leave To be eligible to access the financial benefits set out in 18.03(a)(i) (Option A) or 18.03(a)(ii) (Option B) below the employee must have 13 weeks of completed service as an employee at McMaster University prior to the commencement of their pregnancy or parental leave.
Financial Benefits. If Buyer uses Seller’s Preferred Lender as Buyer’s loan source, Buyer will receive the following benefits at the close of escrow: (i) Seller will pay Buyer’s normal share of the total escrow and title charges at the close of escrow, and
Financial Benefits. As a result of the filing, prosecution, and settlement of the Action, the Individual Defendants’ insurance carriers shall pay the Company $8,666,666.66 within 10 business days of the occurrence of the Effective Date provided that if a Judgment is entered but there is any appeal from the Judgment, the insurance carriers and the Company will work in good faith to have the $8,666,666.66 paid into an escrow account with an escrow agent and form of agreement acceptable to both the insurance carriers and the Company. 2.2 Corporate Governance Measures; Revised Option Measurement Dates; Reprimands; and, Improvements to Internal Controls. As a result of the filing, prosecution, and settlement of the Action, the Company also revised option measurement dates, reprimanded certain officers and directors, improved internal controls, changed its board composition and practices, established “majority voting” for election of directors, and changed compensation practices, including stock option plans and option granting practices and procedures. 2.3 The Fossil Board has agreed to adopt, or to maintain where already implemented, the corporate governance measures set forth in paragraphs 2.4 to 2.9 below within 10 days from the entry of this Stipulation and will keep such measures in force and effect for a period of no less than 6 years. Fossil and the Individual Defendants acknowledge and agree that the Action was a material causal factor in the Company’s decision to implement these measures, including changes to corporate governance, internal controls and option granting practices, procedures and plans since the filing of the Action. Fossil further acknowledges and agrees that these measures are significant and extensive and confer substantial benefits upon Fossil and its shareholders by, among other things, helping to prevent the manipulation of stock options and other equity awards in the future. 2.4 Repricing; Revised Option Measurement Dates; Reprimands; Improvements to Internal Controls: The Company has: (a) Instituted internal audit procedures relating to the equity-based compensation awards approval and documentation process; (b) Engaged an independent compensation consultant and independent counsel to improve the Compensation Committee approval and oversight process; (c) Designated specific members of in-house legal, accounting, and human resources staffs to oversee documentation, accounting and disclosure of all equity-based compensation awards; (d) Widely distribut...
