Examples of Specified Group in a sentence
If the Participant takes any leave of absence that exceeds ninety (90) days and this option is designated in Section 1 as an Incentive Stock Option, then this option shall be deemed a Nonstatutory Stock Option, unless the Participant’s reemployment is guaranteed at the end of such leave by contract (including certain policies of the applicable Specified Group Member), statute, or applicable regulation.
The Participant shall be considered to have been discharged for “Cause” if the applicable Specified Group Member determines, within 30 days after the Participant’s resignation, that discharge for cause was warranted.
If the Participant violates the terms of any employment agreement, non-competition agreement, non-solicitation agreement, confidentiality agreement, non-disclosure agreement, intellectual property agreement, or any other agreement or contract between the Participant and the applicable Specified Group Member, the Participant’s right to exercise this option shall terminate immediately upon such violation.
Except as otherwise provided in this Section 3, this option may not be exercised unless the Participant, at the time he or she exercises this option, is, and has been at all times since the Date of Grant, an employee, officer, director, consultant or advisor of any of the Specified Group Members (an “Eligible Participant”).
If the Participant, prior to the Expiration Date, is discharged by the applicable Specified Group Member for “cause” (as defined below), the right to exercise this option shall terminate immediately upon the effective date of such discharge.
The Participant shall not cease to be an Eligible Participant if the Participant takes a leave of absence permitted under any policy of the applicable Specified Group Member or if the Participant’s leave is approved by the Board of Directors of the applicable Specified Group Member, including sick leave, vacation leave, military leave, or any other personal leave, or transfers between locations of the applicable Specified Group Member.
The Company has no credit relationships with the Specified Group, or if it does have a credit relationship with the Specified Group, the nature of the relationship, the amount of credit extended and the CVCI Group entity extending the credit.
Falconer R & Scott J, Review of Department of Human Services Management of a Specified Group of HIV Cases.
Share options to be issued through a shareholder allotment as a concrete countermeasure are as described in Exhibit 1 “Overview of share options.” When share options are actually issued, the exercise period and conditions may be set considering the effect of countermeasures, e.g., shareholders shall not affiliate with Specified Group of Shareholders with Holding Ratio of Voting Rights at a certain level or higher.
Following the Closing, Buyer shall make, or cause the applicable Group Company to make, the Specified Group Company Employee Incentive Payments in accordance with the terms and conditions set forth on Schedule P-2 .