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Private Service means the collection, supply, or disposal systems on private property, managed by [Name of contractor], under agreed arrangements with a customer.

Private Tuition means teaching provided by an employee of an [educational institution] to students outside its premises.

Private Vehicle means a vehicle used primarily for personal purposes of an individual holding its usage rights, excluding commercial transport for hire.

Probationary Employee means an individual hired for a role, who is within a preliminary trial work period.

Problem Resolution means the identification and application of necessary adjustments to rectify and conform any issues with a product or service, ensuring the effective functionality is maintained

cash and other assets (including without limitation stock consideration) that are proceeds from the Liquidity Event or the Dissolution Event, as applicable, and legally available for distribution.

the consideration payable (including any deferred and/or contingent consideration) whether in cash or otherwise to those Shareholders selling Shares under a Share Sale less any fees, costs and expenses payable in respect of such Share Sale as approved by an Investor Majority;

Process Development means all activities related to the creation, improvement, scale-up, and validation of systematic procedures related to a product or service

Process Failure means a malfunction or inability in a procedure, not attributed to design specifications or instructions provided by an [organization]