Third Threshold definition
Examples of Third Threshold in a sentence
Except to the extent set forth in the following sentence, this Agreement shall terminate and be of no further force or effect as of the Third Threshold Date.
In addition to the specific rights of ▇▇▇▇▇▇▇ set forth elsewhere in this Agreement, until the Third Threshold Date, the Company and ▇▇▇▇▇▇▇ agree to mutually consult with respect to internal communications between the Company and its Subsidiaries which could reasonably be expected to be material to the Company provided, however, the Company shall have met the foregoing obligation if it has consulted with the ▇▇▇▇▇▇▇ Directors with respect to such internal communications.
If any of a Majority Holder Date, First Threshold Date, Second Threshold Date or Third Threshold Date occur on the same date, OM plc shall be deemed to beneficially own the lowest number of outstanding Ordinary Shares referenced in any such defined term that is applicable to such date.
Without limiting any other rights that ▇▇▇▇▇▇▇ may have, whether under this Agreement or otherwise, in addition to the specific rights of ▇▇▇▇▇▇▇ set forth elsewhere in this Agreement, until the Third Threshold Date and subject to Section 4.1(b) and (c) hereof the Company shall continue to provide representatives of ▇▇▇▇▇▇▇ with reasonable access to the Company’s personnel (including senior-level management and other employees) and data.
If any of a Second Threshold Date or Third Threshold Date occur on the same date, ▇▇▇▇▇▇▇ shall be deemed to beneficially own the lowest number of outstanding shares of Common Stock referenced in any such defined term that is applicable to such date.
In addition to the specific rights of OM plc set forth elsewhere in this Agreement, until the Third Threshold Date, the Company and OM plc agree to mutually consult with respect to internal communications between the Company and its Subsidiaries which could reasonably be expected to be material to the Company.
For a period of two years following the Third Threshold Date, subject to an extension of up to ten years if required due to a legal, tax, accounting or regulatory requirement applicable to the requesting Party, ▇▇▇▇▇▇▇ and the Company shall retain the right to access such records of the other which exist resulting from ▇▇▇▇▇▇▇’▇ control or ownership of all or a portion of the Company, its shares, its securities or its assets.
For purposes of this Agreement, the “Market-Vesting Date” with respect to each Market-Vesting Threshold will be the later of (i) the date such Market-Vesting Threshold is first achieved or (ii)(A) for the First Threshold, the second anniversary of the Grant Date, (B) for the Second Threshold, the third anniversary of the Grant Date and (C) for the Third Threshold, the fourth anniversary of the Grant Date.
During the time between the end of the Initial Period and the end of the Period the provisions of paragraphs 1 to 6 shall apply, except that the percentage figures contained in the definitions of First Threshold Return, Second Threshold Return and Third Threshold Return shall be increased to 25%, 30% and 35% respectively.
First Threshold $ 359.60 Second Threshold $ 719.20 Third Threshold $ 899.00 Fourth Threshold $ 1,078.80 3 Forfeiture of Units.