Pro rata entitlements Clause Samples
A pro rata entitlements clause defines how benefits, payments, or allocations are distributed among parties in proportion to their respective shares or interests. In practice, this means that if a group of shareholders is entitled to a dividend, each receives an amount corresponding to their percentage of ownership. This clause ensures that distributions are fair and equitable, preventing any party from receiving more or less than their proportional share, and thereby maintains transparency and fairness in the allocation process.
Pro rata entitlements. Subject to the provisions of this clause and the matters agreed to in accordance with paragraph (b) hereof, part-time employment shall be in accordance with the provisions of this Agreement that shall apply pro-rata.
Pro rata entitlements. Subject to clause 7.12 and the matters agreed to in accordance with clause 7.12.8, part-time employment shall be in accordance with the provisions of this Agreement relevant to that employment which shall apply pro rata.
Pro rata entitlements. Subject to the provisions of this subclause and the matters agreed to in accordance with this subclause, part-time employment shall be in accordance with the provisions of this award which shall apply pro rata.
Pro rata entitlements. Subject to the provisions of this subclause and the matters agreed to in accordance with paragraph (8) hereof, part-time employment shall be in accordance with the provisions of this agreement which shall apply pro rata.
Pro rata entitlements. (i) Subject to the provisions of this subclause and the matters agreed to in accordance with clause 7.5.11 hereof, part-time employment shall be in accordance with the provisions of this Award which shall apply pro-rata.
Pro rata entitlements. The Pro-rata Entitlement of each Shareholder in respect of the Transfer Shares on offer.
Pro rata entitlements. Part-time employment will be in line with the provisions of this Agreement which will also apply to pro-rata entitlements.
Pro rata entitlements. Subject to the provisions of this appendix and the matters agreed to in accordance with 1.12.7 of this appendix, part-time employment shall be in accordance with the provisions of this Agreement that shall apply pro rata.
Pro rata entitlements. The provisions of this Agreement apply to part-time employees on a pro-rata basis.
Pro rata entitlements. Part-time employees will be entitled to receive, on a pro-rata basis, all conditions of employment applicable to full-time employees. Pro-rata entitlements will be calculated as a proportion of those applicable to full-time employees, based on the regular ordinary hours worked by the part-time employee.