Note E has the meaning specified in Section 2.1.
Note E means that certain Replacement Mezzanine A Promissory Note (Note E) of even date herewith in the maximum principal amount of Twenty Million And 00/100 Dollars ($20,000,000.00) made by Borrower in favor of Lender, as the same may be amended, restated, replaced, extended, renewed, supplemented, severed, split, or otherwise modified from time to time.
Note E. Stock Options The Company's stock option plan was adopted in September 1989 (as amended) and expires in September 1999 subject to earlier termination by the Board of Directors. The Company may grant non-qualified and incentive stock options to officers, directors and employees for the purchase of 2,250 shares of common stock under the plan. The exercise price of each option granted may not be less than the fair market value of the common stock on the grant date and the maximum term of an option is ten years. Options outstanding at July 31, 1998 were granted with a six year term and vest (become exercisable) in four equal cumulative annual installments commencing with the second anniversary of the grant date, except for 113 options that were granted to certain executive officers in 1996 with an eight year term and vest in eight varying annual cumulative installments. At July 31, 1998, 957 shares of common stock were available for future grants of options. Stock option activity and related information follows: Weighted Number of Average Options Exercise Price ================================================================================ Outstanding at August 1, 1995 355 $ 5.92 Granted 258 9.05 Exercised (50) 3.35 Canceled (48) 6.64 ----------------------------------------------------------- Outstanding at July 31, 1996 515 7.68 Granted 132 11.17 Exercised (10) 6.39 Canceled (45) 8.10 ----------------------------------------------------------- Outstanding at July 31, 1997 592 8.45 Granted 220 22.14 Exercised (79) 6.58 Canceled (7) 8.97 ----------------------------------------------------------- Outstanding at July 31, 1998 726 12.80 =========================================================== Exercisable at July 31: 1998 162 $ 7.27 1997 149 6.68 1996 97 6.78 ================================================================================ The Company adopted the disclosure-only provisions of SFAS 123, "Accounting for Stock-Based Compensation," and continues to apply Accounting Principles Board Opinion ("APB") No. 25, "Accounting for Stock Issued to Employees," and related Interpretations in accounting for its stock options. Under APB 25, compensation expense is not recorded when the exercise price of stock options is at least equal to the market price of the stock on the grant date. ================================================================================ The exercise prices of options outstanding at July 31, 1998 ranged from $6.22 to $23.06. Additiona...
Examples of Note E in a sentence
Note E - Medicaid Managed Care payments should include all Medicaid Managed Care payments related to the services provided, including, but not limited to, incentive payments, bonus payments, capitation and sub-capitation payments.
Except for its investment contracts (Note E), the Plan's investments are held by bank-administered trust funds.
The number of shares used to compute diluted earnings per share is based on the number of basic shares of AbbVie common stock as described in Note E above, plus incremental shares assuming exercise of dilutive outstanding options and restricted stock awards.
Debit balances in PAB cash and margin accounts , excluding unsecured accounts and accounts doubtful of collection (See Note E) .........................................................
See Note (E) to Drug Quantity Table (“regardless of sex”); see also United States v.
More Definitions of Note E
Note E. Pacer Equipment Days for use on this Schedule will be those reported in the monthly xxxxxxxx by Transamerica to Pacer for the corresponding period.
Note E. The annual fee for Software Maintenance is $580. The above price includes the purchase of Software Maintenance for an initial term of one year, commencing on the date of purchase, and an automatic renewal for a subsequent one year term. Fees for Software Maintenance during these periods are non-refundable. Thereafter, Software Maintenance may be renewed for additional one year periods, at EMC's discretion, for an annual fee of $580. The above price also includes the purchase of an Extended Hardware Warranty for a term of one year commencing on the first anniversary of the date of purchase.
Note E. The [**] Software Maintenance is [**] . The above price includes the purchase of Software Maintenance for an [**] , commencing on the date of purchase, and [**] . Fees for Software Maintenance [**] are non-refundable. Thereafter, Software Maintenance may be renewed [**] , at EMC's discretion, for [**] . The above price also [**] for [**] . [**] Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Note E. Supplies/services under all CLINs are subject to Section H Special Contract Requirement entitled: “FAIR OPPORTUNITY PROCESS (ORDERING PROCEDURES)” NOTE F: Travel costs are not fee-bearing costs under this solicitation and subsequent orders. The Contractor shall obtain prior written approval by the ACO per trip occurrence. All estimated and incurred travel costs shall be in accordance with FAR 31.205-46 and the Joint Travel Regulations (JTR). Airfare costs in excess of the lowest priced airfare available to the contractor during normal business hours are unallowable unless approved in writing as meeting an exception identified in FAR 31.205-46(b) by the ACO prior to commencement of the travel. NOTE G: Contract Data Requirements List (CDRLs), DD Form 1423, will be issued under each Delivery Order when required (CLIN 0009). NOTE H: FIXED SHIP REPAIR LABOR AND MATERIAL BURDEN RATES (CEILING RATES)
Note E. Promissory note dated as of the date hereof and made by the Borrower to Norwest in the principal amount of $6,555,000, or any promissory note given in extension or substitution thereof.
Note E means that certain Deferred Purchase Price Note (Note E) dated as of the date hereof and executed by the Borrower in the original principal amount of $120,000,000 and any replacements or substitutions therefor, each as amended, supplemented or modified from time to time.
Note E. Per the definition of Net Working Capital, short term pension liabilities and receivables are excluded from the working capital calculation because they are included in Indebtedness.