Examples of Restricted Consideration in a sentence
If, prior to the date on which the Restricted Consideration is fully vested, there is a change in control of Wolt or DoorDash or the key employee’s employment is involuntarily terminated without “cause,” due to such key employee’s death or “disability” or for “good reason,” then a portion of such key employee’s then-unvested Restricted Consideration will become immediately vested, subject to such key employee (or his or her estate, as applicable) timely signing and not revoking a release of claims.
A sale or other transfer, conversion or exchange to any person or persons unaffiliated with Grantor for any consideration other than cash, provided it is not for Restricted Consideration.
For the avoidance of doubt, the conversion of TWE to a corporation in connection with the registration rights process under the TWE Partnership Agreement, and the TWE Restructuring, each would be deemed to be an Alternate Disposition for Restricted Consideration.
QPFL maintains and pays the premium for directors and officers insurance policy on behalf of the directors and officers of QPFL.page 28 RELATED PARTY INTERESTS David GoldDavid Gold a Director of QPFL, performs the role of Chief Executive Officer he is also the Director of Sales & Information Technology.
If at any time after an Alternate Disposition any Restricted Consideration received in such Alternate Disposition ceases to be Restricted Consideration, the consideration will be treated as set forth in this Section 5(e) with respect to consideration that is not Restricted Consideration.
Actions the Agency May Take to Remove or Overcome Any Barriers that Led to the Restricted Consideration Before Any Subsequent Acquisition For the Supplies or Services.
In addition, certain key employees of Wolt entered into stock restriction agreements with DoorDash prior to the execution of the Share Purchase Agreement, which agreements provide the Restricted Consideration will be subject to a four-year time-based vesting schedule as set forth in the stock restriction agreement, subject to the key employee’s continued employment with Wolt, DoorDash or one of their subsidiaries through the applicable vesting date.
A sale or other transfer, conversion or exchange to any person or persons unaffiliated with Grantor for Restricted Consideration.
In the event that dividends or distributions are paid in respect of any portion of the Disposition Property, the Operating Trustee shall cause to be distributed to Grantor as soon as practicable following receipt any such dividends or distributions to the extent they consist of: (i) any cash; or (ii) following approval by the Media Bureau pursuant to the procedure described in Section 5(e), any assets which do not constitute Restricted Consideration.
The Bill seeks to support a transition to a low-carbon economy through the enforcement of sectoral emissions targets and carbon budgets which provide a legal mechanism for aligning high emitting sectors and companies with the country’s GHG emissions trajectory (DEFF, 2022:13).