Overall Plan definition
Examples of Overall Plan in a sentence
RSUs granted under the Equity Plan shall be counted as 1.5 (one and one half) shares for purposes of calculating both (i) the Overall Plan Number and (ii) the shares granted as part of the Closing Current Employee Portion (as defined below); provided, however, that Performance-Based RSUs (as defined below) shall be counted as 1.0 (one) share for purposes of calculating the Overall Plan Number.
Of the Overall Plan Number, a number of shares equal to 11% of the Common Stock outstanding on a post-money basis immediately following the closing of the IPO shall be reserved for the planned post-closing equity grants to employees, directors and consultants of Ruthigen who are in service to Ruthigen on the closing of the IPO (the “Closing Current Employee Portion”), in amounts determined by the Ruthigen board of directors.
Overall Plan Lifetime Maximum $1,000,000 for each Member or Dependent.
Unlimited Overall Plan Deductible is Nil Drug Deductible: $5.00 per prescription 100% for Hospital Care, Medical Services & Supplies, Professional Services, Drugs Note: The Benefit Percentage for Out-of-Canada Emergency Medical Treatment is 100%.
Whether or not the Parties have agreed on a Subsequent Overall Plan, the Non-Lead will be entitled to its Share of Product Profit(Loss) that is attributable to such Subsequent Indications, to the extent that there is profit to be Shared after an accounting of the Product Profit(Loss) in accordance with Section 7.4(c), and any Licensing Revenue attributable to such Subsequent Indications, or any applicable royalty under Section 7.6 in such jurisdictions that the Non-Lead has opted-out.
If the Collaboration Period and the Opt-In Period (or any Change of Control Period, if it applies) have not expired or been terminated in accordance with Article 11, at the next scheduled JSC meeting, the JSC shall discuss the Information regarding the Subsequent Indication and whether both Parties wish to pursue the Subsequent Indication, and whether both Parties wish to generate and approve a Subsequent Overall Plan.
Any such proposed changes to the Overall Plan shall be submitted in writing to the Plan Approving Agent.
The Lead and Non-Lead shall not conduct Development or Commercialization activities for any Subsequent Indications without an approved Subsequent Overall Plan (but may conduct pre-IND-enabling research without limitation as to indication), except that this provision shall in no way limit the Lead’s ability to conduct Partnering Activities.
Council has adopted the Southern Moreton Bay Islands Translink Operations Special Charge Amended Overall Plan and the 2015-2016 Annual Implementation Plan on 25th June 2015.
According to the Overall Plan, the policy and system framework of Hainan FTP with a focus on the liberalisation and facilitation of trade and investment will be primarily established by 2025.