Examples of Applicable California Law in a sentence
At the Effective Time, all MJIC Dissenting Shares shall no longer be outstanding and shall automatically be canceled and shall cease to exist, and each holder of MJIC Dissenting Shares shall cease to have any rights with respect thereto, except the right to receive the fair market value of such MJIC Dissenting Shares in accordance with Applicable California Law.
To the extent required by Applicable California Law, at least annually, copies of the Company’s balance sheet and income statement for the just completed fiscal year shall be made available to each Participant.
To the extent required by Applicable California Law, with the exception of an Option granted to an officer, a director or a consultant of the Company, no Option shall become exercisable at a rate less than twenty percent (20%) per year over a period of five (5) years from the effective date of grant of such Option, subject to the Participant’s continued Service.
MJIC shall give Pubco prompt notice of any written demand received by MJIC prior to the Effective Time to require MJIC to purchase MJIC Shares pursuant to Applicable California Law.
The Settlement Terms Approved Below Impermissibly Violate Applicable California Law that Prohibits Children from Entering Into These Types of Contracts Without Clear Parental Consent.
Notwithstanding the above, to the extent required by Applicable California Law, the exercise price per share for an Award shall be not less than one hundred ten percent (110%) of the Fair Market Value of a share of Stock on the effective date of grant of the Award if the recipient possesses more than 10% of the total combined voting power of the Company as described by Applicable California Law.
To the extent required by Applicable California Law, with the exception of a stock option granted to an officer, a director or a consultant of the Company, no stock option granted to a California resident shall become exercisable at a rate less than twenty percent (20%) per year over a period of five (5) years from the effective date of grant of such stock option, subject to the participant’s continued service with the Company.
Notwithstanding the above, to the extent required by Applicable California Law, the exercise price per share for an Incentive shall be not less than one hundred percent (100%) of the Fair Market Value of a share of stock on the effective date of grant of the Incentive if the recipient possesses more than 10% of the total combined voting power of the Company as described by Applicable California Law.
The Engineer-in-Charge may within 30 days thereafter, if required modify, and communicate the program approved to the contractor failing which the program submitted by the contractor shall be deemed to be approved by the Engineer-in-Charge.The work programme shall include all details of balance drawings and decisions required to complete the contract with specific dates by which these details are required by contractor without causing any delay in execution of the work.
Subject to Applicable California Law and any limitations contained elsewhere in this Agreement, the General Partner may elect at such times and in such amounts, in its sole discretion, to distribute Available Cash Flow to the Partners.