Sentences with phrase «terminate by any period»

These plan designs are permanent forms of life insurance that do not terminate by any period of time.

Not exact matches

Although many commenters supported a 60 - day delay for this purpose, others argued that a much longer period is needed (e.g., a 1 - year delay or an indefinite extension terminating 60 or more days after completion of the examination required by the President's Memorandum).

In addition, if an option or stock appreciation right is not assumed or substituted in the event of a change in control, the Administrator will notify the participant in writing that the option or stock appreciation right will be fully vested and exercisable for a period of time determined by the Administrator in its sole discretion, and the option or stock appreciation right will terminate upon the expiration of such period.

The Board or the HRC or the GNC may modify, suspend, or terminate the LTICP but may not, without the prior approval of our stockholders, make any change to the LTICP that increases the total amount of common stock which may be awarded (except to reflect changes in capitalization), increases the individual maximum award limits (except to reflect changes in capitalization), changes the class of team members or directors eligible to participate, extends the duration of the LTICP, reduces the exercise price of or reprices outstanding stock options or stock appreciation rights, waives the LTICP's minimum time period requirements for vesting and lapse of restrictions for restricted stock or RSRs, or otherwise amends the LTICP in any manner requiring stockholder approval by law or under the NYSE listing requirements.

All options and restricted shares awarded under our equity plans are also subject to a double - trigger accelerated vesting condition under the terms of our equity award letters, which provides for an acceleration of the vesting schedule if the associate is terminated without cause or resigns for good reason (as defined by the applicable equity plan) within the one - year period following a change in control (as defined by the applicable equity plan).

In addition, if an Option or Stock Appreciation Right is not assumed or substituted in the event of a Change in Control, the Administrator will notify the Participant in writing or electronically that the Option or Stock Appreciation Right will be exercisable for a period of time determined by the Administrator in its sole discretion, and the Option or Stock Appreciation Right will terminate upon the expiration of such period.

During the employment period, FedEx also may terminate the officer's employment for «cause» (which includes any act of dishonesty by the officer intended to result in substantial personal enrichment, the conviction of the officer of a felony and certain material violations by the officer of his or her obligations under the MRA).

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

Unless we are prohibited from doing so by any applicable law, regulation, court order or instruction or guidance of a competent regulatory authority or agency, in terminating your account we may do any of the following at our sole discretion: A. transfer the funds back to the source; or B. convert your account balance to Bitcoins at our then - prevailing rate, subject to applicable fees and as soon as practicable give you 48 hours» notice that we intend to deactivate your account, requesting that you provide us with an alternative bitcoin wallet address to which we can transfer your bitcoin within that period (the «Redemption Period&raperiod (the «Redemption Period&raPeriod»);

Many stable value funds impose a 12 - month waiting period on plans that wish to terminate participation in the fund; however, transactions by individual plan participants are not restricted.

No severance payments or benefits described above shall be paid following the first date that Messrs. Garutti or Uttz, as applicable, violates his restrictive covenants; provided that, if employment is terminated by the Company without cause or by Messrs. Garutti or Uttz for good reason, Messrs. Garutti or Uttz, as applicable, may compete in the «fast casual» restaurant business during the restricted period without violating his employment agreement but he will not receive any severance after the date that he began to compete in the «fast casual» restaurant business.

Another hypothesis for why the glacial periods terminate and restart is GCR modulation by changes in the intensity of the earth's magnetic field.

You authorize us to charge you (by means of on the credit card account by which you paid for your initial Membership subscription fee) for your initial Membership Subscription Period and thereafter, periodically and on a recurring basis, to charge the same account, by means of automatic credit card rebilling, at the Normal Rate for your category of Premium Membership then - published on our Upgrade Page with respect to recurring billing after the end of any Initial Membership Subscription Period, even if the Normal Rate has been increased from the current Normal Rate in conformity with the terms of this Agreement, and to do so again on a periodic and recurring basis when each subsequent Membership subscription period ends, until or unless this Agreement has earlier been terminated pursuant to it proviPeriod and thereafter, periodically and on a recurring basis, to charge the same account, by means of automatic credit card rebilling, at the Normal Rate for your category of Premium Membership then - published on our Upgrade Page with respect to recurring billing after the end of any Initial Membership Subscription Period, even if the Normal Rate has been increased from the current Normal Rate in conformity with the terms of this Agreement, and to do so again on a periodic and recurring basis when each subsequent Membership subscription period ends, until or unless this Agreement has earlier been terminated pursuant to it proviPeriod, even if the Normal Rate has been increased from the current Normal Rate in conformity with the terms of this Agreement, and to do so again on a periodic and recurring basis when each subsequent Membership subscription period ends, until or unless this Agreement has earlier been terminated pursuant to it proviperiod ends, until or unless this Agreement has earlier been terminated pursuant to it provisions.

Upon successful completion of the probationary period by the employee, the employee's status shall continue from year to year unless the district school superintendent terminates the employee for reasons stated in the collective bargaining agreement, or in district school board rule in cases where a collective bargaining agreement does not exist, or reduces the number of employees on a districtwide basis for financial reasons.

Publishers Simon & Schuster, Hachette, Holtzbrinck, Apple and HarperCollins offered to terminate ongoing agency agreements and give retailers freedom to discount e-books, subject to certain conditions during a two - year period, last December, following an antitrust investigation by the European Commission into concerns about price - fixing.

Any agreement related to a Plan will be in writing and provide that: (a) it may be terminated by the Trust or the Funds at any time upon sixty days written notice, without the payment of any penalty, by vote of a majority of the respective Rule 12b - 1 Trustees, or by vote of a majority of the outstanding voting securities of the Trust or the Funds; (b) it will automatically terminate in the event of its assignment (as defined in the 1940 Act); and (c) it will continue in effect for a period of more than one year from the date of its execution or adoption only so long as such continuance is specifically approved at least annually by a majority of the Board and a majority of the Rule 12b - 1 Trustees by votes cast in person at a meeting called for the purpose of voting on such agreement.

When any member of the association shall be in arrears in the payment of dues for a period of three (3) months from the beginning of the calendar year, their membership may be terminated as provided for in Article III, Section 4 of the by laws.

In its pronouncement, the court stated that there existed a «loan for use» agreement for an indefinite period, which could not be terminated by the Anne Frank Fonds and Buddy Elias without a reasonable period of notice.

Koch Media may terminate any Koch Media games, websites and / or services at any time by giving you notice of such termination within the time period specified when you joined the particular Koch Media service, or if no time period for notice of termination was specified, then within thirty (30) days of the date such notice is posted on the applicable Koch Media game, websites and / or service.

It looked more like a sawtooth where «gradual glacial buildups over periods averaging 90,000 years in length are terminated by deglaciations completed in less than one tenth this time.»

If CONSULTANT's employment with EMPLOYER terminates for any reason, the CONSULTANT shall not, for a period of one year from the date of termination, have any business dealings whatsoever, either directly or indirectly or through corporate entities or associates with any customer or client of EMPLOYER or its subsidiaries or any person or firm which has contacted or been contacted by EMPLOYER as a potential customer or client of EMPLOYER;

Any government party can terminate the agreement, but the notice period for termination by the federal government is much longer (18 months) than that by a province (6 months).

... Language buffs take note — page 7 of the contract states: The agreement «shall continue in force for a period of five years from the date it is made, and thereafter for successive five - year terms, unless and until terminated by one year prior notice in writing by either party.»

Should Lessee remain in possession of the demised premises with the consent of the Lessor after the natural expiration of this lease, a new month - to - month tenancy shall be created between Lessor and Lessee, which shall be subject to all the terms and conditions hereof but shall be terminated on 58 days» or two rental periods, written notice served by either Lessor or Lessee on the other party.

Justice Conlan's 2014 decision in Gristey v. Emke Schaab Climatecare Inc. reduced the notice period by one third because of the finding that if the employee's job had not be terminated, he would have ended up working fewer hours during this notice period anyhow as the employer's business was shrinking.

Alberta law, like that of Ontario, requires a terminated employee to exert reasonable efforts to mitigate lost wages by seeking alternative employment during the applicable notice period.

The Court of Appeal applied this principle in holding that Select Wines could rely on the probationary period to terminate Mr. Nagribianko's employment by providing him only with his ESA minimum entitlement of one week of pay in lieu of notice.

In the case where a Participant resigns or the Participant's employment is terminated by [Teachers»] prior to the payout of a bonus (normally the first pay period in April), no bonus shall be earned or payable to the Participant.

With respect to entitlement on termination of employment, the employment contract provided as follows for a without - cause termination: Regular employees may be terminated at any time without cause upon being given the minimum period of notice prescribed by applicable legislation, or by being paid salary in lieu of such notice of as may otherwise be required by applicable legislation.

Whether during the period between 18th September 2008 and 19th January 2009 the Defendants breached any continuing fiduciary duty and / or duty of care that they owed to the Claimants by failing to (a) correct any misrepresentations, (b) make good any omissions in relation to the information disclosed, (c) correct any incorrect advice or recommendations and / or (d) pull out of or terminate Lloyds» acquisition of HBOS and participation in the government recapitalisation scheme.

Parties bound by a similar contractual clause to that highlighted by Artpower should ensure that either the contract provides explicitly for automatic termination at the expiry of the remedy period, or that they take a positive step at the end of the period to inform the breaching party that the contract has been terminated — failing which they may still be obligated under it.

(2) If an employer bound by a collective agreement is or will be laying off an employee for a period that will or may be longer than a temporary lay - off and the employer would be or might be in breach of the collective agreement if the employer advised the employee that his or her employment was to be terminated, the employer may provide the employee with a written notice of indefinite lay - off and the employer shall be deemed as of the date on which that notice was given to have provided the employee with a notice of termination.

Usually, an employer may choose to terminate an employee by providing «reasonable notice» of termination or payment in lieu equivalent to earning that would have been paid during the notice period.

Where an employer sells his business to a purchaser who employs an employee of the employer, the employment of the employee shall not be terminated by the sale, and the period of employment of the employee with the employer shall be deemed to have been employment with the purchaser for the purposes of Parts VII, VIII, XI and XII.

Here, the terminated employees» notice periods had been cut in half by the Superior Court on the theory that the employer was experiencing a cash crunch at the time of termination.

Otherwise, if no payment is made by the end of the grace period, your policy will lapse and terminate.

b) Discontinuance after 5 years of commencement — At the end of the period allowed for revival, the contract shall be terminated by paying the surrender value.

It is also terminated on being lapsed by non-payment of three years of premiums and not being revived within the Revival Period.

It is also terminated on being lapsed by non-payment of two years of premiums and not being revived within the Revival Period.

Termination occurs on the earliest of the following: on payment of the Death Benefit It is also terminated on being lapsed by non-payment of three years of premiums and not being revived within the Revival Period.

If you own a 10 year term policy it can only be terminated by you within the 10 year period.

For some reason, if you are unable to pay the premium due within the grace period provided by the insurer, your policy will be terminated.

If we make a Game Card available and you use a Game Card to pay for subscription services (for a Game for which you have a Game Client) through the Store, the Game Card shall enable your subscription service for the period stated on the Game Card and, thereafter, you will either need to provide an additional payment method accepted by Trion or purchase another Game Card for subsequent subscription periods, or your subscription will be terminated.

Unless we are prohibited from doing so by any applicable law, regulation, court order or instruction or guidance of a competent regulatory authority or agency, in terminating your account we may do any of the following at our sole discretion: A. transfer the funds back to the source; or B. convert your account balance to Bitcoins at our then - prevailing rate, subject to applicable fees and as soon as practicable give you 48 hours» notice that we intend to deactivate your account, requesting that you provide us with an alternative bitcoin wallet address to which we can transfer your bitcoin within that period (the «Redemption Period&raperiod (the «Redemption Period&raPeriod»);

Employees not covered by an employment contract are employed at will, which means that neither you or your company if they decide to terminate you, need to provide a notice period prior to terminating employment.

Child Support Extended visitation shall not terminate support for that period unless by specific order since the weekly / monthly rate is adjusted for those periods of vacation at the non-custodial residence.

-- If the Secretary determines after a period of time specified by the Secretary that an eligible entity implementing an improvement plan under clause (ii) has failed to demonstrate any improvement in the areas specified in subparagraph (A), or if the Secretary determines that an eligible entity has failed to submit the report required under clause (i), the Secretary shall terminate the entity's grant and may include any unexpended grant funds in grants made to nonprofit organizations under subsection (h)(2)(B).

This offer is conditional upon the Buyer herein being approved by the First Mortgagee within Twenty (20) business days (excluding Saturday, Sunday and statutory holidays) from the final date of acceptance, failing which the Buyer shall notify Seller's Lawyer and the Seller in writing within the specified period of time and then this transaction shall forthwith be terminated and the Buyer's deposit shall be returned to the Buyer in full immediately, with any accrued interest and without the requirement of a mutual release and the parties are hereby released from any liability without the signing of such release.

You were previously licensed to provide trading services in BC, you became a registered sub-mortgage broker during your Education Requalification Waiver period, you subsequently terminated your sub-mortgage broker registration and your Education Requalification Waiver period as calculated by the Council has expired.

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).