Level of Commitment Clause Samples
Level of Commitment. The role of the Board is to set policy direction for the organisation and to oversee its operations at high level. Generally, a Director of the organisation should be prepared to commit a minimum of 6-‐8 hours per month to the role. Some Directors may volunteer in other capacities at the Station in which case such activities should be undertaken in the context of all volunteer programs at the Station and are to be considered to be outside of the responsibilities as a Director.
Level of Commitment. The Company and Employee agree that Employee is intended to serve in a full-time capacity in his role with the Company, but acknowledge that Employee may be required to provide a staged transition to his current employer, the ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Cancer Research Center (“FHCRC”), between the Start Date and July 1, 2020 (the “Transition Period”). In the event that Employee is not able to perform his duties to the Company on a full-time basis during some or all of the Transition Period, then Employee agrees that his Base Salary (as defined below) and Annual Bonus (as defined below) shall be reduced commensurate with the reduced schedule he is working for the Company during the Transition Period. Employee agrees that he will be working for the Company in a full-time capacity no later than July 1, 2020.
Level of Commitment. Notwithstanding anything to the contrary in this Section 2 or elsewhere in this Agreement, in no event shall the Liquidity Provider be required to make funds available to the Authorized Representative, Tender Agent, or otherwise advance funds or purchase Remaining Bonds (i) if (a) such action would reduce the Available Commitment below zero or (b) immediately prior to such action the Available Commitment is zero or less, (ii) if such action would exceed the Daily Commitment or (iii) after the Final Date.
Level of Commitment. Throughout the year, the Town Crier is expected to support civic events, support the Mayoralty at various events and perform cries throughout the year promoting various events being held within the Borough. The amount of time to be devoted will be whatever is considered mutually appropriate to create a credible role as Town Crier.