Development Opportunity definition
Examples of Development Opportunity in a sentence
The Parties acknowledge and agree that RELIANT’s rights as set forth in Sections 11.4, 11.5 and 11.6 are independent rights which RELIANT may exercise separately, and for which the obligations set forth in such sections shall apply separately, for each Development Opportunity.
Applications shall be made to the Curriculum Development Committee and shall specify a request for a Curriculum Development Opportunity.
The Curriculum Development Committee shall recommend recipients of the Curriculum Development Opportunity award to the President.
Teachers with Professional Development Opportunity Days approved for summer shall be compensated seventy-five dollars ($75) per day plus regular expenses.
In the event that RELIANT shall fail to respond in writing accepting the terms and conditions of the Development Opportunity Offer Notice prior to the expiration of the Development Opportunity Offer Period, RELIANT shall be deemed to have rejected the offer.
RELIANT shall have sixty (60) days (the “Development Opportunity Offer Period”) from the date of its receipt of the Development Opportunity Offer Notice to accept the offer to partner with PRONOVA for, or otherwise acquire rights in respect of, such Development Opportunity, upon such terms and conditions contained in the Development Opportunity Offer Notice.
A Professional Development Opportunity Committee will be formed to explore professional development opportunities available to members on the support staff Board approved professional development day(s).
If PRONOVA shall not have entered into a definitive agreement with such third party within eighteen (18) months following the end of the Development Opportunity Offer Period, then such Development Opportunity shall again become subject to the provisions of Section 11.4 and Section 11.5, and RELIANT’s rights thereunder.
Except as provided in Section 7.01(d), if the Management Committee does not promptly pursue such Company Development Opportunity, then the Person discovering, developing or being offered such Company Development Opportunity and its Affiliates shall be free to pursue such Company Development Opportunity and neither the Company nor any other Member shall have any right, claim or interest in or to any revenues or assets resulting therefrom.
Except as provided in Section 7.01(d), if the Company does not promptly pursue such Company Development Opportunity, each of the Members and their respective Affiliates shall be free to pursue such Company Development Opportunity and the Company shall not have any right, claim or interest in or to any revenues or assets resulting therefrom.