VCP Sample Clauses

VCP. Qualified Plans and 403(b) Plans are eligible for VCP. VCP provides general procedures for correction of all Qualification Failures: Operational, Plan Document, Demographic, and Employer Eligibility.
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VCP. With respect to VCP, if the Service determines that a plan or Plan Sponsor was, or may have been, a party to an abusive tax avoidance transaction (as defined in section 4.13(2)), then the matter will be referred to the Internal Revenue Service’s Employee PlansTax Shelter Coordinator. Upon receiving a response from the Tax Shelter Coordinator, the Service may determine that the plan or the Plan Sponsor has been a party to an abusive tax avoidance transaction, and that the failures addressed in the VCP submission are related to that transaction. In those situations, the Service will conclude the review of the submission without issuing a compliance statement and will refer the case for examination. However, if the Tax Shelter Coordinator determines that the plan failures are unrelated to the abusive tax avoidance transaction or that no abusive tax avoidance transaction occurred, then the Service will continue to address the failures identified in the VCP submission, and may issue a compliance statement with respect to those failures. In no event may a compliance statement be relied on for the purpose of concluding that the plan or Plan Sponsor was not a party to an abusive tax avoidance transaction. In addition, even if it is concluded that the failures can be addressed pursuant to a VCP submission, the Service reserves the right to make a referral of the abusive tax avoidance transaction matter for examination.
VCP. In the case of the general procedures under VCP, a copy of the most recently filed Form 5500 series return.
VCP. Qualified Plans, 403(b) Plans, SEPs, and SIMPLE IRA Plans are eligible for VCP. VCP provides general procedures for correction of all Qualification Failures: Operational, Plan Document, Demographic, and Employer Eligibility. VCP also provides general procedures for the correction of participant loans that did not comply with the requirements of § 72(p)(2).
VCP. In support of the purposes of this Agreement in Article 1, a Variable Compensation Plan is provided as outlined below to recognize performance achievement with enhanced compensation. The VCP covers all bargaining unit employees equally. The VCP cannot be cancelled. The VCP Plan is not arbitrable except where the Employer is alleged to have discriminated against the bargaining unit in its assessment of the targets under the Plan. Where the union makes such an allegation, the company will have the onus of meeting with the union and will explain its rationale and provide documents relevant to the decision. The primary objective and design of the VCP will be to provide incentive based compensation for continuous improvement in health and safety, customer satisfaction, production and financial results. The VCP Target Rate will be 8.5%. The design of the VCP will require that payouts may range from 0 to 2 times the VCP Target Rate based on the level of results achieved against targets. Every employee is eligible to participate and individual VCP payment will be based upon hours worked within the calendar year subject to the following exclusions: New employees will not participate in respect of the first 520 hours worked; An employee whose employment ends with less than two (2) years of service shall not been entitled to receive any unpaid VCP; An employee who has worked in excess of two (2) years and who resigns or retires from employment with at least two (2) weeks of notice shall be entitled to VCP as shall the estate of any such employee who dies. Schedule A - WAGE TABLE Year 1 Year 2 Year 3 Base rate increase Effective Feb 1, 2011 Effective Feb 1, 2012 Effective Feb 1, 2013
VCP. The Virtual Community of Practice has proved to be the real new informal learning tool experimented by pilot students, who until that very moment had used social networks for entertainment, never for professional reasons. They enjoyed it and appreciated the opportunities that it presented, but lamented the absence, at that stage, of real health care professionals to interact and exchange views with. They were motivated to participating in the discussions as they realized the community represents an opportunity of learning new skills and working practices, a means of social and professional connection to colleagues, and a mechanism to reduce the isolation that was inherent in the job function. Pilot students have acquired the following VCP-related learnig outcomes: - capacity of developing team working and professional group dynamics on social media
VCP. The Property will be entered into the VCP no later than one year after the disbursement of the grant proceeds under the Assessment Grant Agreement.
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VCP. In support of the purposes of this Agreement in Article 1, a Variable Compensation Plan is provided as outlined below to recognize performance achievement with enhanced compensation. The VCP covers all bargaining unit employees equally. The VCP cannot be cancelled. The VCP Plan is not arbitrable except where the Employer is alleged to have discriminated against the bargaining unit in its assessment of the targets under the Plan. Where the union makes such an allegation, the company will have the onus of meeting with the union and will explain its rationale and provide documents relevant to the decision. The primary objective and design of the VCP will be to provide incentive based compensation for continuous improvement in health and safety, customer satisfaction, production and financial results. The VCP Target Rate will be 8.5%. The design of the VCP will require that payouts may range from 0 to 2 times the VCP Target Rate based on the level of results achieved against targets. Every employee is eligible to participate and individual VCP payment will be based upon hours worked within the calendar year subject to the following exclusions: New employees will not participate in respect of the first 520 hours worked; An employee whose employment ends with less than two (2) years of service shall not been entitled to receive any unpaid VCP; An employee who has worked in excess of two (2) years and who resigns or retires from employment with at least two (2) weeks of notice shall be entitled to VCP as shall the estate of any such employee who dies. Schedule A - WAGE TABLE Effective Ratification Year 2 Eff Feb 1 '06 Year 3 Eff Feb 1 '07 Base rate increase 2.50% 2.50% General Employee (Probation) $14.24 14.60 14.97 GE (Start) $15.08 15.46 15.85 GE (Job) $16.75 17.17 17.60 Direct Operator (Back Up) $17.25 17.68 18.12 DO1 $18.00 18.45 18.91 DO2 $18.35 18.81 19.28 Material Handler $17.25 17.68 18.12 Shipper Receiver (Start) $18.00 18.45 18.91 Shipper Receiver (Job) $18.35 18.81 19.28 Quality Tech $18.35 18.81 19.28 Quality Tech - certified $20.50 21.01 21.53 Mechanic / Electrical Probation $22.95 23.52 24.11 Start $24.30 24.91 25.53 Job $27.00 27.68 28.37 Laser Process Tech Probation $21.79 22.34 22.90 Start $23.07 23.65 24.24 Job $25.83 26.48 27.14 SCHEDULE ‘B’ – RATIFICATION WAGE PLACEMENT Production Xxxxx, Xxxxx Xxxxxxxxx, Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx (Xxx Xxx) Xxx, Xxxxx De Las Xxxxx, Xxxxxxxx Xxxxxx, Xxxxxx Xxxxxxxxx, Xxxxxxxx Xxxxxxxx, Xxxxxx Xxxxxx, Xxx Xxx...
VCP. In the event that an employee is moved to a lower job classification as a result of technological change or restructuring the affected employee maintain his or her rate for the period equal to (8) eight weeks from the time the employee enters the classification. In support of the purposes of this Agreement in Article 1, a Variable Compensation Plan is provided as outlined below to recognize performance achievement with enhanced compensation. The VCP covers all bargaining unit employees equally. The VCP cannot be cancelled. The VCP Plan is not arbitrable except where the Employer is alleged to have discriminated against the bargaining unit in its assessment of the targets under the Plan. Where the union makes such an allegation, the company will have the onus of meeting with the union and will explain its rationale and provide documents relevant to the decision. The primary objective and design of the VCP will be to provide incentive based compensation for continuous improvement in health and safety, customer satisfaction, production and financial results. The VCP Target Rate will be 8.5%. The design of the VCP will require that payouts may range from 0 to 2 times the VCP Target Rate based on the level of results achieved against targets. Every employee is eligible to participate and individual VCP payment will be based upon hours worked within the calendar year subject to the following exclusions: New employees will not participate in respect of the first 520 hours worked; An employee whose employment ends with less than two (2) years of service shall not been entitled to receive any unpaid VCP; An employee who has worked in excess of two (2) years and who resigns or retires from employment with at least two (2) weeks of notice shall be entitled to VCP as shall the estate of any such employee who dies. Schedule A - WAGE TABLE Year 1 Year 2 Year 3 Year 4 Year 5 Eff Feb 1 '14 Eff Feb 1 '15 Eff Feb 1 '16 Eff Feb 1 '17 Eff Feb 1 '18 Lump Sum Bonus $1,000 $1,000 $1,000 $ - $ - Base rate increase 0.0% 0.0% 0.0% 2.0% 2.0% Production Associate (probation) $16.78 $16.78 $16.78 $17.11 $17.45 Production Associate (job) $17.76 $17.76 $17.76 $18.12 $18.48 Production Operator (start) $20.31 $20.31 $20.31 $20.71 $21.13 Production Operator (job) $21.20 $21.20 $21.20 $21.62 $22.06 Advanced Production Operator $21.61 $21.61 $21.61 $22.04 $22.48 Material Handler $21.20 $21.20 $21.20 $21.62 $22.06 Shipper Receiver (start) $21.20 $21.20 $21.20 $21.62 $22.06 Shipper Receiver (j...

Related to VCP

  • Newco Prior to the Effective Time, Newco shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than the minimum amount of cash required to be paid to Newco for the valid issuance of its stock to the Parent).

  • S&P Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc., or its successor.

  • WSIB & LTD An Employee who is receiving benefits under the Workplace Safety and Insurance Act, or under a LTD plan, is not entitled to benefits under a school board’s sick leave and short term disability plan for the same condition unless the employee is on a graduated return to work program then WSIB/LTD remains the first payor. For clarity, where an employee is receiving partial benefits under WSIB/LTD, they may be entitled to receive benefits under the sick leave plan, subject to the circumstances of the specific situation. During the interim period from the date of the injury/incident or illness to the date of the approval by the WSIB/LTD of the claim, the employee may access sick leave and short term leave and disability coverage. A reconciliation of sick leave deductions made and payments provided, will be undertaken by the school board once the WSIB/LTD has adjudicated and approved the claim. In the event that the WSIB/LTD does not approve the claim, the school board shall deal with the absence consistent with the terms of the sick leave and short term leave and disability plans.

  • Buyer (Buyer) will take title 16 to the Property described below as Joint Tenants Tenants In Common Other .

  • SELLING SHAREHOLDERS The common stock being offered by the selling shareholders are those previously issued to the selling shareholders, and those issuable to the selling shareholders, upon exercise of the warrants. For additional information regarding the issuances of those shares of common stock and warrants, see "Private Placement of Common Shares and Warrants" above. We are registering the shares of common stock in order to permit the selling shareholders to offer the shares for resale from time to time. Except for the ownership of the shares of common stock and the warrants, the selling shareholders have not had any material relationship with us within the past three years. The table below lists the selling shareholders and other information regarding the beneficial ownership of the shares of common stock by each of the selling shareholders. The second column lists the number of shares of common stock beneficially owned by each selling shareholder, based on its ownership of the shares of common stock and warrants, as of ________, 2018, assuming exercise of the warrants held by the selling shareholders on that date, without regard to any limitations on exercises. The third column lists the shares of common stock being offered by this prospectus by the selling shareholders. In accordance with the terms of a registration rights agreement with the selling shareholders, this prospectus generally covers the resale of the sum of (i) the number of shares of common stock issued to the selling shareholders in the __________________ and (ii) the maximum number of shares of common stock issuable upon exercise of the related warrants, determined as if the outstanding warrants were exercised in full as of the trading day immediately preceding the date this registration statement was initially filed with the SEC, each as of the trading day immediately preceding the applicable date of determination and all subject to adjustment as provided in the registration right agreement, without regard to any limitations on the exercise of the warrants. The fourth column assumes the sale of all of the shares offered by the selling shareholders pursuant to this prospectus. Under the terms of the warrants, a selling shareholder may not exercise the warrants to the extent such exercise would cause such selling shareholder, together with its affiliates and attribution parties, to beneficially own a number of shares of common stock which would exceed [4.99]% of our then outstanding common stock following such exercise, excluding for purposes of such determination shares of common stock issuable upon exercise of the warrants which have not been exercised. The number of shares in the second column does not reflect this limitation. The selling shareholders may sell all, some or none of their shares in this offering. See "Plan of Distribution." Name of Selling Shareholder Number of shares of Common Stock Owned Prior to Offering Maximum Number of shares of Common Stock to be Sold Pursuant to this Prospectus Number of shares of Common Stock Owned After Offering Annex C THEMAVEN, INC. Selling Stockholder Notice and Questionnaire The undersigned beneficial owner of common stock (the “Registrable Securities”) of TheMaven, Inc., a Delaware corporation (the “Company”), understands that the Company has filed or intends to file with the Securities and Exchange Commission (the “Commission”) a registration statement (the “Registration Statement”) for the registration and resale under Rule 415 of the Securities Act of 1933, as amended (the “Securities Act”), of the Registrable Securities, in accordance with the terms of the Registration Rights Agreement (the “Registration Rights Agreement”) to which this document is annexed. A copy of the Registration Rights Agreement is available from the Company upon request at the address set forth below. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement. Certain legal consequences arise from being named as a selling stockholder in the Registration Statement and the related prospectus. Accordingly, holders and beneficial owners of Registrable Securities are advised to consult their own securities law counsel regarding the consequences of being named or not being named as a selling stockholder in the Registration Statement and the related prospectus.

  • Cornerstone shall notify the LLC and confirm such advice in writing (i) when the filing of any post-effective amendment to the Registration Statement or supplement to the Prospectus is required, when the same is filed and, in the case of the Registration Statement and any post-effective amendment, when the same becomes effective, (ii) of any request by the Securities and Exchange Commission for any amendment of or supplement to the Registration Statement or the Prospectus or for additional information and (iii) of the entry of any stop order suspending the effectiveness of the Registration Statement or the initiation or threatening of any proceedings for that purpose, and, if such stop order shall be entered, Cornerstone shall use its best efforts promptly to obtain the lifting thereof.

  • Effective Time; Closing Subject to the provisions of this Agreement, the parties hereto shall cause the Merger to be consummated by filing a Certificate of Merger with the Secretary of State of the State of Delaware in accordance with the relevant provisions of Delaware Law (the “Certificate of Merger”) (the time of such filing with the Secretary of State of the State of Delaware (or such later time as may be agreed in writing by the Company and Parent and specified in the Certificate of Merger) being the “Effective Time”) as soon as practicable on the Closing Date. The closing of the Merger (the “Closing”) shall take place at the offices of Wxxxxx Xxxxxxx Xxxxxxxx & Rxxxxx, Professional Corporation, located at One Market, Sxxxx Xxxxx, Xxxxx 0000, Xxx Xxxxxxxxx, Xxxxxxxxxx, at a time and date to be specified by the parties, which shall be no later than the second business day after the satisfaction or waiver of the conditions set forth in Article VI (other than those that by their terms are to be satisfied or waived at the Closing), or at such other time, date and location as the parties hereto agree in writing; provided, however, that if all the conditions set forth in Article VI shall not have been satisfied or waived on such second business day, then the Closing shall take place on the first business day on which all such conditions shall have been satisfied or waived. The date on which the Closing occurs is referred to herein as the “Closing Date.”

  • GROUP COMPANIES Guangzhou Yatsen Ecommerce Co., Ltd. (广州逸仙电子商务有限公司) (Seal) By: /s/ Xxxxxxx Xxxxx Name: XXXXX Xxxxxxx (黄锦峰) Title: Legal Representative Guangzhou Yatsen Cosmetic Co., Ltd. (广州逸仙化妆品有限公司) (Seal) By: /s/ Xxxxx Xxxx Name: XXXX Xxxxx (陈宇文) Title: Legal Representative Huizhi Weimei (Guangzhou) Commercial and Trading Co., Ltd. (汇智为美(广州)商贸有限公司) (Seal) By: /s/ Xxxxxxx Xxxxx Name: XXXXX Xxxxxxx (黄锦峰) Title: Legal Representative Perfect Diary Cosmetics (Guangzhou) Co., Ltd. (完美日记化妆品(广州)有限公司) (Seal) By: /s/ Xxxxxxx Xxxxx Name: XXXXX Xxxxxxx (黄锦峰) Title: Legal Representative [Signature Page to the Share Purchase Agreement –Yatsen Holding Limited]

  • Colombia As of 1 September 2015, Colombian Resident PayPal users may only send and receive international payments. Domestic payments between two Colombian Resident PayPal users are unavailable.

  • S.A 59:1-1 et seq.), the New Jersey Contractual Liability Act (N.J.

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