Progistix definition
Examples of Progistix in a sentence
The aggregate value of the Virtual Inventory will be deemed to be as determined by the Accounting Firm in accordance with the accounting principles set forth on Schedule 2.4 hereof within the later of 30 days of (x) such referral or (y) the earliest time at which the Accounting Firm is granted access to Progistix to determine the value of the Inventory at Progistix.
Seller shall use its commercially reasonable efforts to assist Purchaser in confirming such Virtual Inventory to the extent that Purchaser requires the cooperation of Progistix to do so, including assisting Purchaser and its representatives in auditing or otherwise examining the Virtual Inventory system of Progistix and permitting Purchaser and its representatives to observe any physical inventory count that occurs between the date hereof and the date of the final Closing Inventory Report.
During each calendar year of the term of the collective agreement, regular employees will be eligible to receive a performance bonus based upon the corporate performance component of the Progistix Management, Technical and Administrative Program.
During each calendar year of the term of the collective agreement, regular employees will be eligible to receive a performance incentive based upon elements in the Progistix Management, Technical and Administrative Program.
Employees currently participating in the defined benefit component of the pension plan will continue to do so for as long as he or she remains with Progistix.
All existing employees who choose not to participate in the Company’s defined contribution pension plan will continue to participate in the defined benefit pension plan for as long as he or she remains with Progistix.