Pro-Rata Period definition

Pro-Rata Period means the pro-rata time period of Continuous Service during the Performance Period determined by dividing (i) by (ii), where (i) equals the total number of days of Participant’s Continuous Service beginning and including January 1, 2015 until the Termination Date and (ii) is the total number of days in the Performance Period.
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Examples of Pro-Rata Period in a sentence

  • Notwithstanding anything to the contrary in this paragraph, upon the triggering of a Pro-Rata Period as defined in the General Partner’s Second Amended and Restated Share Redemption Program, effective as of December 10, 2018 (as it may be amended from time to time, the “SRP”), distribution of the Performance Allocation shall be deferred until all REIT Share redemption requests under the SRP are satisfied.

  • Notwithstanding anything to the contrary in this paragraph, upon the triggering of a Pro-Rata Period as defined in the General Partner’s share redemption program in effect as of the date hereof (as it may be amended from time to time, the “SRP”), distribution of the Performance Allocation shall be deferred until all REIT Share redemption requests under the SRP are satisfied.

  • Otherwise, in the event the Sutro Backup CFE Forecast includes forecasted delivery of CFE during the [*] Pro-Rata Period, the costs and expenses mentioned in the preceding sentence shall be apportioned between Ipsen and Sutro on a pro-rata basis based on the forecasted quantities of CFEs provided in the Ipsen Backup CFE Forecast and Sutro Backup CFE Forecast during the [*] Pro-Rata Period.

  • For the Company's 2009 fiscal year the Annual Award will have a target value of $4,000,000 on the date of grant (which reflects the Pro-Rata Period) (the "2009 Award").

  • For the Company's 2009 fiscal year the Annual Incentive will have a target value of $2,000,000 (which reflects the pro-rata period beginning on October 1, 2008 and ending on May 31, 2009 (the "Pro-Rata Period")).