Sentences with phrase «termination option on»

Making the deal more complicated, any move would require the law firm to exercise a potentially costly early termination option on its current lease, sources said.

This off - season LeBron James, Dwyane Wade and Chris Bosh all exercised the early termination option on their contracts which allowed these superstars to opt out of their contracts and once again dip their toes in the waters of free agency.

This off - season LeBron James, Dwyane Wade and Chris Bosh all exercised the early termination option on their contracts which allowed these superstars to...

Not exact matches

(l) Except as otherwise set forth in Schedule 2.7 (l) of the Disclosure Schedule, (i) the Company is not and will not be obligated to pay separation, severance, termination or similar benefits as a result of any of the transactions contemplated by this Agreement, nor will any such transactions accelerate the time of payment or vesting, or increase the amount, of any benefit or other compensation due to any individual; and (ii) the transactions contemplated by this Agreement will not cause the Company to record additional compensation expense on its income statements with respect to any outstanding Stock Option or other equity - based award.

We provide information below about (1) the circumstances under which these options and stock awards vest upon termination of employment or the occurrence of certain acquisitions, and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2009 and based on an NYSE closing price per share of our common stock on that date of $ 26.99.

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.

If we terminate Mr. Drexler's employment without cause or he terminates his employment with good reason, Mr. Drexler will be entitled to receive (i) a payment of his earned but unpaid annual base salary through the termination date, any accrued vacation pay and any un-reimbursed expenses, and (ii) subject to Mr. Drexler's execution of a valid general release and waiver of claims against us, as well as his compliance with the non-competition, non-solicitation and confidential information restrictions described below, (a) a payment equal to his annual base salary and target cash incentive award, one - half of such payment to be paid on the first business day that is six (6) months and one (1) day following the termination date and the remaining one - half of such payment to be paid in six equal monthly installments commencing on the first business day of the seventh calendar month following the termination date, (b) a payment equal to the product of (x) the last annual cash incentive award Mr. Drexler received prior to the termination date and (y) a fraction, the numerator of which is the number of days of service completed by Mr. Drexler in the year of termination and the denominator of which is 365, such amount to be paid on the first business day that is six (6) months and one (1) day following the termination date, and (c) the immediate vesting of such portion of unvested restricted shares and stock options as provided and pursuant to the terms of the relevant grant agreements under our 2003 Equity Incentive Plan.

We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2011 and based on an NYSE closing price per share of our common stock of $ 27.56 on December 30, 2011, the last trading date in 2011.

We provide information below about (1) the circumstances under which the vesting of these options and stock awards would accelerate upon termination of employment or the consummation of an «acquisition transaction» (as defined below) and (2) the hypothetical value each such named executive would have received, if any, upon the vesting of any of these option or stock awards as of that date under those circumstances, assuming each named executive's employment with the Company had terminated or the acquisition had been consummated as of December 31, 2010 and based on an NYSE closing price per share of our common stock on that date of $ 30.99.

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

Now every doctor will give a woman an option of termination of pregnancy based on results of an abnormality in her ultrasound.

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.

Remember, a takeover will likely trigger an immediate vesting on all options / warrants, and could additionally trigger other incentive / termination /» golden parachute» share issuance.

«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.

The ULCC considered three options on that point in 2014 and decided that «entry into a marriage or other spousal relationship does not revoke the will, but on divorce or termination any beneficial dispositions to the former spouse are deemed revoked unless the court finds a contrary intention of the testator»

Dottir provides employment law services ranging from drafting employment and management contracts and share option and benefit schemes to providing advice on employment termination, employee consultation obligations, and employment law issues deriving from corporate transactions and outsourcing.

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)

plan and negotiate their exits from their roles, including advising on settlement agreements including enhanced termination packages, restrictive covenants, share options and LTIPs.

Our attorneys provide day - to - day counseling to employers on a variety of human resource matters, such as worker classification, sexual harassment, stock options, leave of absence and employee hiring, discipline and termination.

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).

Generally speaking, convertible term insurance is a guaranteed renewable insurance coverage that entails that as long as the payments are made on time, the option to convert the policy would remain possible and the termination of the policy would be impossible.

Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy form the second year onwards and the Surrender Value depends up on the plan option chosen

Blockchain startups Ripple and R3 are going to court to resolve a dispute over the unilateral termination by Ripple of an options contract on its XRP digital currency unit held by R3.

«Although most people believe that fathers should have equal access to their children after the termination of a relationship between the parents, the equal - access option is based on the assumption that the fathers will act in their children's best interests.

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).

The seller and current tenant occupies approximately two - thirds of the property on a short - term lease basis, which is subject to a termination option at the landlord's request.