Sentences with phrase «option for termination»

Here the buyer can waive their option period, effectively removing their unrestricted right to terminate the contract (they may have other options for termination, this only cancels out the rights given to them by the option period).

Not exact matches

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and (v) benefits and perquisites provided in accordance with the terms of any benefit plan, program or arrangement sponsored by HP or its affiliates that are consistent with Company Practices.

In addition, in connection with the termination of the 2014 Plan upon a sale event, we may make or provide for a cash payment to participants holding vested and exercisable options and stock appreciation rights equal to the difference between the per share cash consideration payable to stockholders in the sale event and the exercise price of the options or stock appreciation rights.

After the termination of service of an employee, director or consultant, the participant may exercise his or her option, to the extent vested as of such date of termination, for the period of time stated in his or her option agreement.

Generally, if termination is due to death or disability, the option will remain exercisable for twelve months.

In all other cases, the option generally will remain exercisable for three months following the termination of service.

After the termination of service of an employee, director or consultant, he or she may exercise his or her option for the period of time stated in his or her option agreement.

Generally, if termination is due to death or disability, the option will remain exercisable for 12 months.

The following benefits are not subject to the HP Severance Policy, either because they have been previously earned or accrued by the employee or because they are consistent with Company Practices: (i) compensation and benefits earned, accrued, deferred or otherwise provided for employment services rendered on or prior to the date of termination of employment pursuant to bonus, retirement, deferred compensation or other benefit plans, e.g., 401 (k) plan distributions, payments pursuant to retirement plans, distributions under deferred compensation plans or payments for accrued benefits such as unused vacation days, and any amounts earned with respect to such compensation and benefits in accordance with the terms of the applicable plan; (ii) payments of prorated portions of bonuses or prorated long - term incentive payments that are consistent with Company Practices; (iii) acceleration of the vesting of stock options, stock appreciation rights, restricted stock, restricted stock units or long - term cash incentives that is consistent with Company Practices; (iv) payments or benefits required to be provided by law; and

Mr Selinger quickly realised that a termination was not an option for them, and they didn't experience any pressure to consider it.

However, this judgement does provide an option for the Secretary of State to change the Department of Health's policy and allow women to make the choice of where to complete a medical termination and we will work with the Department of Health to make this happen.»

«To address issues with this provider at the remaining three sites, we have required Bedco to comply with aggressive corrective action plans that include immediate termination options if they fail to meet the terms of the plans,» Isaac McGinn, a spokesperson for the HRA, told Politico.

Consistent with the severity of the violation, discipline can include verbal or written warning, suspension with or without pay, loss or reduction of bonus or stock options, demotion or, for the most serious offenses or repeated misconduct, employment termination.

Included in the settlement are options for vehicle buybacks, lease termination, and equipment modification, plus hefty cash restitution (between $ 5,100 and $ 10,000).

Our contract provides a 30 day termination option for either the author or the agent.

If Audible does not commence selling the Audiobook within 3 months after its receipt of your written notice, (a) this Agreement will automatically terminate and all rights in the Book and the Audiobook granted to Audible in this Agreement will revert to you and (b) if you agreed to the royalty share payment option with the Producer for production of the Audiobook, Audible will pay the Producer a termination fee of $ 100 times the actual number of finished hours (in 10 minute increments) in the deal confirmation page; up to a maximum of $ 2,500 as full payment for the Producer's services in creating the Audiobook.

At termination you can roll it over to an IRA, for more options and lower costs.

However, you would still be responsible for the remainder of the lease, the early termination fee, plus whatever fees you have to pay for damages (big and small) and mileage regardless of which option you choose.

Furthermore, in order to ensure that a servicer has sufficient time to explore all possible loss mitigation options, in calculating the guaranty claim payable on a terminated loan, VA allows inclusion of interest for 210 days from the due date of the last paid installment, plus the reasonable period that VA has established for completion of termination in the jurisdiction where the loan is located.

Several options exist for pregnancy termination.

We remain unconvinced by the reasoning underlying this decision, which will have serious repercussions for our organization, including closure of our facilities, termination of our lease and termination of staff contracts, and we intend to investigate the options open to us.

In order to stay online, these reliable plants may require one or all of the following options for remedy: 1) further economic support to make up for losses in energy markets, 2) a new revenue stream from capacity markets, or 3) immediate termination of subsidies and mandates for renewables.

«Easement Term» or «Term»: Subject to earlier termination in accord with the terms of this Easement and the Option to Extend Wind Easement Term, set out in Section 24 below, the period commencing on the Effective Date and continuing for thirty (30) years after the Date of Commercial Operation, as extended by the terms of this Easement for purposes of removal of Improvements and completion of Surface Restoration.

The firm advised one of Asia's most prominent private equity firms on a dispute relating to a former employee's termination of employment and their alleged entitlement to carried interest; EFG International's proposed acquisition of BSI Bank Singapore's private banking business — a $ 1.3 bn (# 1bn) deal that would form one of the largest private banks in Switzerland; and a multi-million claim by a former c - suite executive against Noble Group for unpaid dividends, bonuses, stock options and shares.

If the option holder's employment with the corporation and / or a subsidiary, as the case may be, is terminated for any reason other than set forth in paragraphs 6, 7 or 8 above, whether such termination be voluntary or involuntary, without his having fully exercised his option, the option shall be cancelled and he shall have no further rights to exercise his option or any part thereof and all of his rights hereunder shall terminate as of the effective date of such termination.

For example, in Kieran v. Ingram Micro Inc., 2004 CanLII 4852 (ONCA) another panel of the Ontario Court of Appeal reviewed the following termination provision in a stock option plan:

For example, it is an implied term of every employer - employee relationship that the employer will provide the employee with reasonable notice in the event of a termination, that the employer has the option to terminate the employee's position if there is just cause, and the employee will perform their duties with reasonable skill and diligence.

Greg also acts for senior executives to plan and negotiate their exits from their roles, including advising on settlement agreements including enhanced termination packages, restrictive covenants, share options and LTIPs.

Advising a police authority on scope for early contract termination for non-performance and options for re-procurement (2016)

The Divisional Court went on to hold that a tenancy for a fixed, lifetime, term does not violate the provisions of the Act and that the various termination options would be available to the brother at the end of the term (i.e. when the sister died).

Amendments would clarify options for employers when employees provide more notice of termination than required by the Code.

In some incidences, the employer was obligated to provide costly addiction treatment options, while in other causes the employer was able to legally defend their just cause for the termination.

Options to pay higher monthly amounts in return for getting back claim surpluses at termination

If you're facing termination of your tenancy for non-payment of rent in Vermont, you have options.

Policy Termination or Surrender Benefit: For Single Premium policies, applicable under Option A, the policy can be surrendered after the first policy year.

Regardless of your reason for termination of employment, employees may have the option to convert their coverage to an individual life insurance policy without evidence of insurability or taking a physical examination.

That would include three principal areas: «cryptocurrency futures — a derivative contract in which each party agrees to exchange cryptocurrency at a future date and at a price agreed by both parties; cryptocurrency contracts for differences (CFDs)-- a cash - settled derivative contract in which the parties to the contract seek to secure a profit or avoid a loss by agreeing to exchange the difference in price between the value of the cryptocurrency CFD contract at its outset and at its termination; [and] cryptocurrency options — a contract which grants the beneficiary the right to acquire or dispose of cryptocurrencies.

livecareer.com The daycare employee termination letter template printable is a very well drafted and written employee termination letter template that will be the perfect option for you to terminate the day care services.

The decision to terminate a pregnancy is never an easy one, and Planned Parenthood of Michigan (PPMI) offers unbiased, accurate information about the options available for pregnancy termination, medication abortion and surgical abortion.

However, is resistance persists; termination for lack of motivation and treatment compliance is an option of the treating therapist.

Knowledge of the principles and best practices for safe termination of mediation and referral to more appropriate process options.

Interestingly, research on cohabitating couples found sex to be a more important variable in part because the option for divorce is easier in many cases — legally, emotionally and economically and less sexual satisfaction is more likely to lead to relationship termination than in legally defined unions.

The Divisional Court went on to hold that a tenancy for a fixed, lifetime term does not violate the provisions of the act and that the various termination options would be available to the brother at the end of the term (when the sister died).

Subleasing — gaining your landlord's approval to lease out your excess space to another tenant — is usually the first option for tenants looking to modify their space needs prior to lease termination.

Centrax to 2 Prudential Plaza: Centrax Corp. has signed a lease for almost 15,000 square feet of space in Two Prudential Plaza, after exercising an early termination option of its lease at the nearby Blue Cross and Blue Shield Building, 300 E. Randolph St., said CB Richard Ellis Inc., which represented the Chicago - based employee training firm (this sentence as published has been corrected in this text).

For this reason, know your upgrade options and early termination fees before you buy.