Issues to Employees Sample Clauses

Issues to Employees. For the avoidance of doubt, if any warrants which would otherwise be the subject of this Condition 6.5, are issued to existing employees of the Issuer in their capacity as employees in accordance with mandatory provisions of Korean law, then such warrants shall not be taken into account for the purposes of the adjustment of the Subscription Price pursuant to this Condition 6.5.
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Issues to Employees for the avoidance of doubt, if a portion of the Shares which would otherwise be the subject of this Condition 6.9 is issued to and applied or subscribed for by existing employees of the Issuer in their capacity as employees in accordance with mandatory provisions of Korean law, then such portion of the Shares issued and applied or subscribed for shall not be taken into account for the purposes of the adjustment of the Subscription Price pursuant hereto.
Issues to Employees for the avoidance of doubt, if any warrants which would otherwise be the subject of this Condition 4.3.9, are issued to existing employees of the Company in their capacity as employees in accordance with mandatory provisions of Korean law, then such warrants shall not be taken into account for the purposes of the adjustment of the Conversion Price pursuant to this Condition 4.3.9, provided, however, that the foregoing exception shall only apply for the issuance of a cumulative total of up to 2% of the Company common stock then outstanding, after which any additional issuances to employees under mandatory provisions of Korean law shall be treated as issuances that result in Conversion Price adjustments under Condition 4.3.

Related to Issues to Employees

  • Access to Employees Staff representatives of the Union shall be allowed to visit work areas of employees during working hours and confer on conditions of employment to the extent that such visitations do not disrupt the work activities of the area being visited. Prior to entering the work area, the representative shall receive permission from the appropriate department head or his/her designee stating the reason(s) for such visitations. Permission shall not be unreasonably denied.

  • Notification to Employees ‌ The Employer will inform new, transferred, promoted, or demoted employees in writing prior to appointment into positions included in the bargaining unit(s) of the Union’s exclusive representation status. Upon appointment to a bargaining unit position, the Employer will furnish the employees with membership materials provided by the Union. The Employer will inform employees in writing if they are subsequently appointed to a position that is not in a bargaining unit.

  • Notice to Employees Contractor must give notice in writing to its employees who perform work on this Contract, either at the time of hire or before commencement of work on this Contract, or by posting a notice in a location frequented by employees, of the number of hours per day and days per week that the employees may be required to work.

  • All Employees The Company shall not include the shift differential in any employee’s wage rate for the calculation of overtime.

  • Student Employees A student employee is an employee who is hired for short-term work which is not ongoing. He/she is normally in the process of completing his/her post-graduate studies and is expected to return to his/her studies after an agreed employment period. The employee's benefits and working conditions are as per Article 34 (Temporary Employees).

  • Current Employees Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ % of Compensation or $_________ of Compensation. Employees and Participants shall have the right to amend the stated automatic Elective Deferral percentage or receive cash in lieu of deferral into the Plan.

  • Replacement Employees (a) A replacement employee is an employee specifically engaged or temporarily promoted or transferred, as a result of an employee proceeding on parental leave.

  • CATEGORIES OF EMPLOYEES SECTION 10.1: FULL TIME EMPLOYEE Regular Full-Time Employee is one who is scheduled to work or normally works a minimum of thirty (30) or more hours a week. After completing the probationary period, regular full-time employees are eligible for benefits as specified in this contract or as otherwise specified in the Employer's Employee Handbook.

  • Contract Employees Contained in Annexure D.

  • Shift Employees Employees who work rotating shift patterns or those who work qualifying shifts shall be entitled, on completion of 12 months employment on shift work, to up to an additional 5 days annual leave, based on the number of qualifying shifts worked. The entitlement will be calculated on the annual leave anniversary date. Qualifying shifts are defined as a shift which involves at least 2 hours work performed outside the hours of 8.00am to 5.00pm, excluding overtime. Number of qualifying shifts per annum Number of days additional leave per annum 121 or more 5 days 96 – 120 4 days 71 – 95 3 days 46 – 70 2 days 21 – 45 1 day

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