Pro-rata Entitlement Sample Clauses

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. In the event of a SUPPLY INTERRUPTION, MEDICIS shall be entitled to a pro rata (in unit quantity) share of the manufacturing capacity of HMRI and its AFFILIATES (in the event HMRI or its AFFILIATES are then manufacturing LOPROX LOTION and not PACO) for the manufacture of LOPROX LOTION, and HMRI 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, HMRI 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 HMRI, MEDICIS shall be entitled to receive 25% of HMRI's manufacturing capacity during the period of such SUPPLY INTERRUPTION. Thus, if HMRI 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 HMRI would be entitled to receive 75% of such total number of units (i.e., 750 units). MEDICIS' entitlement to HMRI'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. On termination of employment or if proceeding on leave, an employee shall be entitled to be paid as follows: (a) with three months or more service - pro rata annual leave in accordance with subclause (1); (b) with one month but less than three months service - pro rata annual leave in accordance with subclause (1) at ordinary time only; (c) with less than one month's service - no pro rata annual leave.

Pro-rata Entitlement. The Pro-rata Entitlement of each Shareholder in respect of the New Securities on offer.

Pro-rata Entitlement. (a) Pro-rata entitlements accrue on termination of employment as follows: (i) after 15 years of service; or (ii) after 10 years of service but before 15 years of service as long as employment ends for any reason other than serious and wilful misconduct pursuant to clause 29 (Termination of Employment). (b) Pro-rata entitlements are calculated as 1/30th of the period of continuous service since beginning employment, or since the last normal long service leave entitlement became due, whichever is later.

Pro-rata Entitlement. If the Employee commences or ceases employment during a calendar year, his/her annual leave entitlement will be calculated on a pro-rata basis. Upon cessation of the Employee’s employment with the Company, he/she shall, if appropriate, either be entitled to pay in lieu of any outstanding annual leave entitlement or be required to repay to the Company one day’s salary in respect of each day of leave taken in excess of his/her annual leave entitlement. If the Employee is required to repay the Company for any annual leave taken in excess of his/her annual leave entitlement, the amount to be repaid may be deducted from any monies owing to him/her from the Company after cessation of his/her employment with the Company and the Employee hereby consents to such deduction being made.

Pro-rata Entitlement. An employee will be entitled to pro rata long service leave under the following circumstances:

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 "A" which is attached hereto.

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.