Substantial Equivalent definition

Substantial Equivalent means, with respect to a Participant:

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Substantial Equivalent means, with respect to a Specified Executive:

Substantial Equivalent means, with respect to a Participant: (i) a set of responsibilities that are: (A) commensurate with such Participant’s professional training and experience; and (B) in all material respects, equivalent to or better than the set of responsibilities of such Participant; and (ii) terms and conditions of employment that: (A) include an annual base salary rate and annual cash incentive compensation opportunity that are each equal to or greater than such Participant’s annual base salary rate and annual cash incentive compensation opportunity (not including a reduction in compensation outcome as a result of performance conditions not being met); (B) include overall additional compensation and benefits that are substantially equivalent to or better than the additional compensation and benefits of the Participant; and (C) are otherwise substantially equivalent to or better than the terms and conditions of employment of such Participant;

Examples of Substantial Equivalent in a sentence

Where either Substantial Equivalent Competition or Substantial Similar Competition exists in such country where the Licensed Product is not covered by a Valid Claim, the royalty rate outlined in Section 3.4 on Net Sales in such country shall be reduced by *** percent (***%) for each Calendar Quarter in which Substantial Equivalent Competition or Substantial Similar Competition exists, as applicable.
Where Substantial Equivalent Competition by an Equivalent Product exists in a country in which a Licensed Product covered by a Valid Claim of Unigene Formulation Patent Rights is being sold, the applicable royalties set forth in Section 3.4.1 on Net Sales in such country shall be reduced by *** percent (***%) for each Calendar Quarter in which Substantial Equivalent Competition exists.

More Definitions of Substantial Equivalent

Substantial Equivalent means the determination by the board that the education, examination, and experience requirements contained in the statutes and rules of another jurisdiction are comparable to, or exceed the education, examination, and experience requirements of the Acupuncture and Oriental Medicine Practice Act, Sections 61-14A-1 NMSA 1978 et. seq.

Substantial Equivalent means the determination by the Board that the education, examination, and experience requirements contained in the statutes and rules of another jurisdiction are

Related to Substantial Equivalent

Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse.
Actuarial equivalent means a benefit of equal value when
Substantial evidence means evidence that:
Substantial Amount means, at the time of determination thereof, an amount in excess of 30.0% of total consolidated assets (exclusive of depreciation) at such time of the Borrower and its Subsidiaries determined on a consolidated basis.
Dose equivalent (HT) means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.