Fourth Shift definition

Fourth Shift has the meaning set forth in the preface above.
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Fourth Shift in the Fourth Shift Options and the related stock option agreements shall be deemed to refer to "AremisSoft." After the Effective Time, each Fourth Shift Option assumed by AremisSoft shall be exercisable upon the same terms and conditions as were in effect under the Fourth Shift Options and the related option agreements immediately prior to the Effective Time, except that (i) each Fourth Shift Option shall be exercisable for that whole number of shares of AremisSoft Common Stock (rounded down to the nearest whole share) equal to the number of shares of Fourth Shift Common Stock subject to such Fourth Shift Option immediately prior to the Effective Time divided by 6.14159, and (ii) the option price per share of AremisSoft Common Stock shall be an amount equal to the option price per share of Fourth Shift Common stock subject to such Fourth Shift Option in effect immediately prior to the Effective Time multiplied by 6.14159 (the option price per share, as so determined, being rounded upward to the nearest full cent).
Sample 1
Fourth Shift in the Fourth Shift Options and the related stock option agreements shall be deemed to refer to "AremisSoft." After the Effective Time, each Fourth Shift Option assumed by AremisSoft shall be exercisable upon the same terms and conditions as were in effect under the Fourth Shift Options and the related option agreements immediately prior to the Effective Time, except that (i) each Fourth Shift Option shall be exercisable for that whole number of shares of AremisSoft Common Stock (rounded down to the nearest whole share) equal to the number of shares of Fourth Shift Common Stock subject to such Fourth Shift Option immediately prior to the Effective Time divided by 6.14159, (ii) the option price per share of AremisSoft Common Stock shall be an amount equal to the option price per share of Fourth Shift Common stock subject to such Fourth Shift Option in effect immediately prior to the Effective Time multiplied by 6.14159 (the option price per share, as so determined, being rounded upward to the nearest full cent), and (iii) any and all outstanding and unvested Fourth Shift Options, or any portion thereof, shall be accelerated and deemed fully vested as of the Effective Time." [THIS SPACE INTENTIONALLY LEFT BLANK]
Sample 1

Examples of Fourth Shift in a sentence

  • During the term of this Agreement, the Police Department shall maintain five (5) permanent shifts covering each 24-hour period as follows: First Shift 0700-1500 Hours Second Shift 1500-2300 Hours Third Shift 2300-0700 Hours Fourth Shift 1100-1900 Hours Fifth Shift 1900-0300 Hours The fourth shift will be under the direction of the first shift OIC until shift change at 1500 hours, at which time fourth shift will be under the direction of the second shift OIC.

  • Presented three seminars on Supply Chain Excellence, Enhanced Product Realization and Engineering Economic Analysis at Fourth Shift Corporation, Minneapolis on March 24, April 7 and April 14, 1999.

  • At the Effective Time, AremisSoft shall assume each Fourth Shift Option by virtue of the Merger and without any further action on the part of Fourth Shift or the holders thereof.

  • AremisSoft shall assume each such option in such manner that AremisSoft (i) is a corporation "assuming a stock option in a transaction to which Section 424(a) applies" within the meaning of Section 424 of the Code or (ii) to the extent that Section 424 of the Code does not apply to any such Fourth Shift Option, would be such a corporation were Section 424 of the Code applicable to such Fourth Shift Option.

  • First Shift: 7:00 a.m. to 3:00 p.m. Second Shift: 3:00 p.m. to 11:00 p.m. Third Shift: 11:00 p.m. to 7:00 a.m. Fourth Shift: 11:00 a.m. to 7:00 p.m. All the above daily work shifts include a paid twenty (20) minute lunch break scheduled as near to the middle of the shift as is practical.

  • Prior to joining the Company, he served as corporate controller for Fourth Shift Corporation, a software development company.

  • Public Safety Dispatchers First Shift: 6:00 a.m. to 2:00 p.m. Second Shift: 2:00 p.m. to 10:00 p.m. Third Shift: 10:00 p.m. to 6:00 a.m. Fourth Shift: 6:30 p.m. to 2:30 a.m. Fifth Shift: 10:30 a.m. to 6:30 p.m. No employee hired prior to mutual ratification of the 1995-1997 contract shall be involuntarily required to work fifth shift.

  • Each option to purchase shares of Fourth Shift Common Stock (a "Fourth Shift Option") outstanding immediately prior to the Effective Time shall remain outstanding following the Effective Time.

  • Fourth Shift and its Subsidiaries are, and have been, in material compliance with all laws, statutes, ordinances, rules, regulations, licenses and permits of any governmental entity including all laws relating to environment, health and safety.

  • Each of Fourth Shift and its Subsidiaries is a corporation duly organized, validly existing, and in good standing under the laws of the jurisdiction of its incorporation.


More Definitions of Fourth Shift

Fourth Shift refers collectively to Fourth Shift Corporation and its operating subsidiaries whether directly or indirectly held, now existing or hereafter acquired during the term of this Agreement. An individual operating subsidiary of Fourth Shift Corporation is sometimes referred to generically herein as a "Fourth Shift Entity." A list of the currently existing direct and indirect subsidiaries of Fourth Shift Corporation is attached as Exhibit A hereto.
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Related to Fourth Shift

  • Night Shift means any shift finishing subsequent to midnight and at or before 8.00am.

  • Afternoon shift means any shift finishing after 6.00pm and at or before midnight.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Construction Completion Date means the date by which the overall development of the Project is completed in accordance with the provisions of this Agreement and when the Construction Completion Certificate is issued by the Independent Engineer as per Article 14.1.

  • building line means a rear space, side space or street front space;

  • Shift means the period of scheduled straight-time working hours on a scheduled workday where the hours scheduled are consecutive except for the meal period.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Building Contract means a contract entered under Transportation Code, Chapter 223, Subchapter A for the construction or maintenance of a Department building or appurtenant facilities and considered to be a Highway Improvement Contract as defined in Texas Administrative Code, § 9.11.

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • relevant premises means any office premises occupied by the Appointee in relation to the Appointed Business and to which members of the public have access;

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Building Contractor means the building contractor or developer appointed or to be appointed by the Grant Recipient in respect of a Firm Scheme; Business Day means any day other than a Saturday, Sunday or a statutory Bank Holiday in England;

  • Start-up means the time period required to bring the equipment covered under the Contract from an inactive condition, when construction is essentially complete, to the state ready for trial operation. The startup period shall include preliminary inspection and checkout of equipment and supporting sub-system, initial operation of the complete equipment covered under the Contract to obtain necessary pre-trial operation data, perform calibration and corrective action, shut down, inspection and adjustment prior to the trial operation period.

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Non-working Day means any day upon which an employee, pursuant to the terms of the contract of employment, is not available to the employer for the purposes of rostering the ordinary hours of work.

  • Construction Completion means physical construction of a cleanup action component is complete.