REFERENCE POSITION definition

REFERENCE POSITION. Chief Executive Officer Section 1 Reports to: The Company’s Board of Directors Section 1 Employment Term Through the three-year anniversary of the Effective Date, unless extended Section 2 Annual Salary: $900,000 Section 3(a) Annual Target Bonus: 120% of Base Salary Section 3(b) Equity Awards  As shown on Exhibit A Section 3(c) Non-Change in Control Severance:  Any earned but unpaid salary or bonus  200% of annual salary  200% of greater of Annual Bonus in year of termination or mean average of Annual Bonuses paid in 3 years preceding year of termination  Additional vesting of time-based equity awards for 12 months  Vesting of performance-based equity awards based on remaining term of award.  Payment equal to the cost of health insurance coverage for 18 months Section 5(b)(ii) Change in Control Severance:  Any earned but unpaid salary or bonus  200% of annual salary  200% of greater of Annual Bonus in year of termination or mean average of Annual Bonuses paid in 3 years preceding the year of termination  Full acceleration of outstanding unvested equity awards  Payment equal to the cost of health insurance coverage for 24 months Section 5(b)(iii) Death or Disability  Full acceleration of outstanding unvested equity awards Section 5(b)(iv) 1.
View Source
REFERENCE POSITION means a nominated measurement position within the venue sufficiently close to the stage area that the sound level is dominated by the music.
View Source
REFERENCE POSITION means the balance sheet ("Comptes retraites") of the Company as at December 31, 1998 prepared in accordance with U.S. GAAP, as if the Contribution and the purchase of the Ingal Stade Shares, had occurred on that date, except that any and all taxes, levies or duties owed by the Company and incurred or arising by virtue of the Contribution or the transfer of the Ingal Stade Shares shall not be reflected in the Reference Position but shall be included in the Control Position. A copy of the Reference Position is attached hereto at APPENDIX C.
View Source

Related to REFERENCE POSITION

  • Reference Period shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Reference Year shall have the meaning given it in the Summary.

  • Reference plane means a plane which is displaced from and parallel to the tomographic plane.

  • Reference Package shall initially mean 10,000 shares of Common Stock, par value $.01 per share ("Common Stock"), of the Corporation. In the event the Corporation shall at any time (A) declare or pay a dividend on any Common Stock payable in Common Stock, (B) subdivide any Common Stock or (C) combine any Common Stock into a smaller number of shares, then and in each such case the Reference Package after such event shall be the Common Stock that a holder of the Reference Package immediately prior to such event would hold thereafter as a result thereof. Holders of shares of this Series shall not be entitled to any dividends, whether payable in cash, property or stock, in excess of full cumulative dividends, as herein provided, on this Series. So long as any shares of this Series are outstanding, no dividend (other than a dividend in Common Stock or in any other stock ranking junior to this Series as to dividends and upon liquidation) shall be declared or paid or set aside for payment or other distribution declared or made upon the Common Stock or upon any other stock ranking junior to this Series as to dividends or upon liquidation, nor shall any Common Stock nor any other stock of the Corporation ranking junior to or on a parity with this Series as to dividends or upon liquidation be redeemed, purchased or otherwise acquired for any consideration (or any moneys be paid to or made available for a sinking fund for the redemption of any shares of any such stock) by the Corporation (except by conversion into or exchange for stock of the Corporation ranking junior to this Series as to dividends and upon liquidation), unless, in each case, the full cumulative dividends (including the dividend to be due upon payment of such dividend, distribution, redemption, purchase or other acquisition) on all outstanding shares of this Series shall have been, or shall contemporaneously be, paid.