Compensation Payable Sample Clauses
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Compensation Payable. If the Servicer shall resign or be terminated, the Servicer shall continue to be entitled to all accrued and unpaid compensation payable to the Servicer through the date of such termination as specified in Section 4.09 of this Agreement.
Compensation Payable. People seeking employment will be categorized as follows:
a) Persons showing no signs of previous Tuberculosis infection, as confirmed by negative tuberculin tests;
b) Persons showing no clinical evidence of disease, but with positive tuberculin and negative chest x-ray findings;
c) Persons showing evidence of inactive Tuberculosis and who have never required treatment for the disease;
d) Persons showing evidence of arrested Tuberculosis;
e) Persons showing clinical signs of active Tuberculosis (These will not be employed). Persons falling in categories a), b) and c) will be eligible for compensation if they meet the conditions of the clause following: An Employee who contacts Tuberculosis while in the employ of the Regional Health Authority shall be paid ninety (90%) percent of the salary the employee was receiving at the time they were declared unfit for duty. When an Employee is declared by a qualified Tuberculosis specialist to be fit for light or part-time work, they will remain on full compensation, unless light or part-time work can be assigned.
Compensation Payable. In the event that Executive terminates employment pursuant to Section 7(a), the Company shall pay the following amounts to Executive:
(i) Any accrued but unpaid Base Salary for services rendered to the date of termination, any accrued but unpaid expenses required to be reimbursed under this Agreement, any vacation accrued to the date of termination.
(ii) Any benefits to which Executive may be entitled pursuant to the plans, policies and arrangements referred to in Section 4c hereof, shall be determined and paid in accordance with the terms of such plans, policies and arrangements.
(iii) An amount equal to $1.00 less than three (3) times Executive's "base amount" within the full meaning of Section 280G of the Internal Revenue Code. Such amount shall be paid to Executive in a single lump sum cash payment within five (5) business days after the effective date of Executive's termination.
(iv) Executive will be 100% vested in all benefits, awards, and grants (including stock options) accrued but unpaid as of the date of termination under any non-qualified pension plan, supplemental and/or incentive compensation or bonus plans, in which Executive was a participant as of the date of termination. Executive shall also be eligible for a bonus or incentive compensation payment (the "bonus payment"), payable at 100% of the maximum bonus available to Executive, pro-rated as of the effective date of the termination. The bonus payment shall be payable within five (5) days after the effective date of Employee's termination. Employee shall have until the expiration date shown on the stock option award in which to exercise the options which have vested pursuant to this section. Except as may be provided under this Section 7 or under the terms of any incentive compensation, employee benefit, or fringe benefit plan applicable to Executive at the time of Executive's resignation from employment, Executive shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such resignation or termination.
Compensation Payable. Should your employment with the Company terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, the Company will have no further obligations to you under this Agreement.
Compensation Payable. Where employee(s) are on a claim recognized by the WorkSafeBC, employee(s) shall be entitled to leave, at 90% of average net earnings (subject to upward adjustment in accordance with WorkSafeBC rates) of their regular rate of pay, for a maximum of 24 months for any one claim resulting from any one injury or recurrence of that injury. The compensation payable by the WorkSafeBC shall be remitted to the University. The following conditions shall apply:
(a) The University shall pay Health and Welfare Benefits as defined under Article 46 during the first 24 months leave on each WorkSafeBC Claim.
(b) Employees on WorkSafeBC claims will retain full pensionable service based on their appointment and the cost shall be shared between the University and the employee in accordance with applicable pension legislation.
(c) If after 24 months under Clause 48.1 the employee(s) still remains on leave, the employee(s) shall be considered on a direct WorkSafeBC claim.
Compensation Payable. Should your employment with Universal terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement. ---------------------------------------------------------------------------------------------------- Termination Involuntary For Cause Termination Disability Death ----------------------------------------------------------------------------------------------------
(1) any Same as for Your Base Salary will Payment of (1) any accrued accrued but unpaid termination for continue until the but unpaid Base Salary due Base Salary due you Cause except that earliest of (1) the you through your date of through termination, your Base Salary 180th day following the death, and (2) other and (2) other unpaid and benefits start of your disability unpaid amounts then due amounts then due you (other than absence, or (2) your you under Company benefit under Company benefit benefits provided death and will be plans or programs, except plans or programs. under (1) any plan reduced by other that those payments will qualified under Company-provided be made to your estate or Section 401(a) of disability benefits legal representative, and the Internal available to you. your death benefits Revenue Code, (2) Payment of (1) any payable due to your death any nonqualified accrued but unpaid Base under Company employee pension plan and Salary due you through benefit plans or programs (3) any stock or termination, and (2) will also be paid. incentive based other unpaid amounts plan) will also then due you under continue through Company benefit plans or the expiration of programs. the Term, provided you meet the requirements in Paragraph 5 and subject to the terms and conditions of each benefit plan. ----------------------------------------------------------------------------------------------------
Compensation Payable. Should your employment with Universal terminate, you will be entitled to the amounts and benefits shown on the following table, subject to Paragraphs 4(b) through 4(e). In the event of such termination, and except for payments noted in this Paragraph 4, Universal will have no further obligations to you under this Agreement.
Compensation Payable. In the event that Executive terminates his employment pursuant to Section 5(d)(ii) hereof:
(i) Executive shall be entitled to receive, within fourteen (14) days after the effective date of termination, any accrued but unpaid Base Salary for services rendered by Executive to the Company prior to the date of termination, any accrued but unpaid expenses required to be reimbursed under this Agreement, and cash compensation (at a rate per day equal to the Base Salary divided by the number of business days in the relevant year) for any accrued vacation that remained unused by Executive at the time of termination.
(ii) Executive shall be entitled to continue to receive his Base Salary on the Company's regular pay days for greater of the balance of the Employment Term at the effective date of Executive's termination of his employment or six (6) months (the "Salary Continuance Period"), plus the average of the cash bonus(es) paid or payable to Executive in the most recently completed fiscal year, pro rated for the balance of the Salary Continuance Period.
(iii) Executive shall be entitled to continue to receive benefits pursuant to the plans, policies and arrangements referred to in Section 4(d) hereof throughout the Salary Continuance Period; provided, however, if such plans, policies and arrangements do not continue to be maintained by the Company or are otherwise not available to Executive, the Company shall provide for and make available to Executive substantially similar economic benefits as were provided to Executive pursuant to such plans, policies and arrangements as of the effective date of termination.
(iv) Any stock options granted Executive prior to the effective date of termination will continue to vest (to the extent such options were unvested at the time of termination) and Executive shall be permitted to exercise such options at the same time and in the amounts as would have been the case had Executive remained employed by the Company. Except as may be provided under this Section 7 or under the terms of any incentive compensation, employee benefit or fringe benefit plan applicable to Executive at the time of termination, Executive shall have no right to receive any other compensation, or to participate in any other plan, arrangement or benefit, with respect to future periods after such termination.
Compensation Payable. Commission payable is in accordance with all terms and conditions shown under Section A and Section B 3 b - Group Insurance - of this contract.
Compensation Payable. People seeking employment will be categorized as follows:
a) Persons showing no signs of previous tuberculosis infection, as confirmed by negative tuberculin tests.
b) Persons showing no clinical evidence of disease, but with a positive tuberculin and negative chest x-ray findings.
c) Persons showing evidence of inactive tuberculosis and who have never required treatment for the disease.
d) Persons showing evidence of arrested tuberculosis.
e) Persons showing clinical signs of active tuberculosis. (These will not be employed). Persons falling in categories a), b) and c) will be eligible for compensation if they meet the conditions of the clause following:
