Method of. Subject to this Agreement, you may exercise all or part of the Option (in Exercise and whole shares only) by providing a written notice (or notice through another Payment for Shares previously approved method, which could include a voice- or e-mail system) to the Assistant Secretary of the Company or to whomever the Administrator designates, on or before the date the Option expires. Each such notice must satisfy whatever procedures then apply to the Option and must contain such representations (statements from you about your situation) as the Company requires. You must, at the same time, pay the Exercise Price using one or more of the methods described below. Please note that until the Company notifies you otherwise, or unless you indicate otherwise on your notice of option exercise, all exercises of the Option will be done or a “Net Exercise” basis. Net Exercise The Company delivers the number of shares to you that equals the number of Option Shares for which the Option was exercised, reduced by the number of whole shares of common stock with a Fair Market Value on the date of exercise equal to the Exercise Price and the minimum tax withholding required by law; to the extent the combined value of the whole shares of common stock, valued at their Fair Market Value on the date of exercise, is not sufficient to equal the Exercise Price and minimum tax withholding obligation, the Company will withhold the additional amount from your next pay check, or if you are not employed by the Company, you must pay the additional amount in cash to the Company before delivery of the shares will be made to you; Cashless an approved cashless exercise method, including directing Exercise the Company to send the stock certificates (or other acceptable evidence of ownership) to be issued under the Option to a licensed broker acceptable to the Company as your agent in exchange for the broker’s tendering to the Company cash (or acceptable cash equivalents) equal to the Exercise Price and any required tax withholdings (at the minimum required level); or Cash/Check cash, a cashier’s or certified check in the amount of the Exercise Price, and any required tax withholdings, payable to the order of the Company.
Method of. Conveyance The sale, transfer, conveyance and assignment by the Seller of the Assets to the Purchaser substantially in accordance with Section 1.1 hereto shall be effected on the Closing Date (as hereinafter defined) by the Seller's execution and delivery to the Purchaser of the Bill of Sale in the form attached hereto as Exhibit A (the "Bill of Sale"). At the Closing, all of the Purchased Assets shall be transferred by the Seller to the Purchaser free and clear of any and all liens, encumbrances, mortgages, security interests, pledges, claims, equities and other restrictions or charges of any kind or nature whatsoever except as set forth in this Agreement.
Method of. Payment – Unless alternate arrangements are agreed to by the parties, salary payments will be made on a regular basis of the entire school year on the same schedule as for full-time teachers. Seniority – Each sharing teacher shall accumulate one (1) full year of seniority for each year of participation in a shared teaching arrangement. Pension – Each sharing teacher shall receive credit for pension purposes for ninety-seven and one-half (97 ½) days for each year of participation in a shared teaching arrangement. Parent Visitation – Both teachers in a shared teaching arrangement shall be present for Parent Visitation sessions. If school time is involved for Parent Visitation, only the teacher regularly schedule for duty shall be paid. In-Service Days – When in-Service is held, only the teacher who is regularly scheduled for duty must attend and only that teacher shall be paid. The other teacher is encouraged to attend.
Method of. Payment - Unless alternate arrangements are agreed to by the parties, salary payments will be made on a regular basis of the entire school year on the same schedule as for full-time teachers.
Method of. Except as hereinafter provided, teachers covered by this Agreement shall be paid on the basis of consecutive monthly payments on or before the second last teaching day of each month; except the month of August. The June and July cheques shall Se payable on the second last teaching day of June. Teachers beyond superannuation date shall be paid on the basis of equal consecutive monthly payments.
Method of. Applicants shall respond to a posting by applying in writing to the Chief Training Officer and the Human Resources Department, with a copy to the union. For the Assistant Chief Pool, the Chief Fire Prevention Officer and the Chief Training Officer, applicants must submit a resume and covering letter demonstrating that they meet the minimum qualifications as defined in this Schedule. Applicants will be accepted in seniority order according to Schedule of the Collective Agreement. Candidates hired on the same day will not be split when entering promotional pools. Candidates who were hired on the same day will either all be accepted or will all not be accepted. Education When by the Human Resources Advisor, Training Development, and the Fire Chief and if requested by the employee, the City will reimburse the cost of tuition fees and books for post-secondary courses taken through a publicly-accredited institution, to an annual maximum of When required, employees will be given time off of work to write mid-term or final examinations.