Condition No. 1 definition

Condition No. 1. All of an employee’s accumulated but unused annual leave hours that exceed the Carryover Cap on December 31, 2003, shall be deemed vested (hereinafter referred to as “Vested Hours”). Vested Hours will be carried forward to succeeding years, unless decreased through use. When the employees Vested Hours are reduced through use to or below the Carryover Cap, then the employee shall become and shall remain subject to the Carryover Cap.
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Examples of Condition No. 1 in a sentence

  • The FAA’s authority to increase the maximum obligation does not apply to the “planning” component of Condition No. 1, Maximum Obligation.

  • This non-solicit provision does not apply in the event the Executive is being compensated under Condition No. 1 under Schedule A.

  • This non-compete provision does not apply in the event the Executive is being compensated under Condition No. 1 under Schedule A.

  • During the term of his employment under Schedule A, Condition No. 1, Executive is authorized to engage in any other business or occupation provided he has the ability to dedicate, at the very least, twenty hours a month towards the performance of his duties hereunder.

  • Executive shall devote his part time towards the performance of the duties assigned to him until such time the Company’s Board of Directors determines to adjust the Compensation Schedule under Schedule A from Condition No. 1 (part-time employment) to Condition No. 2 (full-time employment).

  • All reports and studies must conform to the Draft Plan of Subdivision as described in Condition No. 1, (subject to any redline revisions).

  • The tool condition to which a Condition No. (1 to 8) is assigned cannot be deleted.

  • In accordance with 49 U.S.C. § 47108(b), as amended, the maximum obligation of the United States, as stated in Condition No. 1 of this Grant Offer: may not be increased for a planning project; may be increased by not more than 15 percent for development projects; may be increased by not more than 15 percent for a land project.

  • The Company and Executive acknowledge and agree that modification of this Condition No. 1 requires a written document signed by both parties.

  • Developer intends to develop a residential subdivision on the Property, consisting of up to 60 single-family dwellings and accessory structures on approximately 23.5 acres, resulting in project density of approximately 2.55 units per acre and as more particularly described in Condition No. 1 of Exhibit 12 to the Planning Commission on August 1, 2013 (the “Project”).