PRO-RATA ENTITLEMENT Sample Clauses

PRO-RATA ENTITLEMENT. Vacation entitlement, granting, accumulation, and carry over shall for all employees working less than thirty-five (35) hours per week or less than twelve (12) months per year, be based on a pro-rata amount relative to the full time entitlements herein listed.
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PRO-RATA ENTITLEMENT. (a) Pro-rata entitlements accrue on termination of employment as follows:
PRO-RATA ENTITLEMENT. On termination of employment or if proceeding on leave, an employee shall be entitled to be paid as follows:
PRO-RATA ENTITLEMENT. Redundancy pay will be calculated on a pro-rata basis where the employee has worked part-time hours during the period of service and the employee has less than 24 years full-time service.
PRO-RATA ENTITLEMENT. (a) Pro-rata entitlements accrue on termination of employment after 10 years of service.
PRO-RATA ENTITLEMENT. The Pro-rata Entitlement of each Shareholder in respect of the New Securities on offer.
PRO-RATA ENTITLEMENT. If an employee receives workers' compensation under the relevant state legislation for part of a week, accident pay must be calculated pro rata.
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PRO-RATA ENTITLEMENT. The Purchaser will issue the Shares to the Vendors pro rata in accordance with the each Vendor's respective Purchased Share shareholding in and to the Company and outstanding as at the Closing Date and as set forth in Schedule "B" which is attached hereto; with all fractions greater than or equal to one-half being rounded up and all fractions less than one-half being rounded down.
PRO-RATA ENTITLEMENT. In the event of a SUPPLY INTERRUPTION, MEDICIS shall be entitled to a pro rata (in unit quantity) share of the manufacturing capacity of HMR GmbH and its AFFILIATES for the manufacture of HMR MANUFACTURED PRODUCTS, and HMR GmbH and its AFFILIATES shall also be subject to a pro rata (in unit quantity) entitlement to such manufacturing capacity. If, for example, during a period of SUPPLY INTERRUPTION, HMR GmbH receives orders for a total of 2,000 units, of which 500 units (i.e., 25% of the total orders) are ordered by MEDICIS and 1,500 units (i.e., 75% of the total orders) are ordered by third parties or by AFFILIATES of HMR GmbH, MEDICIS shall be entitled to receive 25% of HMR GmbH's manufacturing capacity during the period of such SUPPLY INTERRUPTION. Thus, if HMR GmbH were able to manufacture only 1,000 units during the period of such SUPPLY INTERRUPTION, MEDICIS would be entitled to receive 25% of such total number of units (i.e., 250 units) and third parties and AFFILIATES of HMR GmbH would be entitled to receive 75% of such total number of units (i.e., 750 units). MEDICIS' entitlement to HMR GmbH's and its AFFILIATES' manufacturing capacity under this Section 2.10(a) shall be in addition to any other rights and remedies MEDICIS may have under this AGREEMENT as a result of any SUPPLY INTERRUPTION.
PRO-RATA ENTITLEMENT. The Purchaser will issue the Purchaser Stock to the Vendors pro rata in accordance with the each Vendor’s respective Company Stock shareholding in and to the Company and outstanding as at the Closing Date. All fractions greater than or equal to one-half shall be rounded up and all fractions less than one-half shall be rounded down.
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