Deferment of Dismissal Pay Sample Clauses

Deferment of Dismissal Pay. An employee upon being laid off for reduction in force shall have the right to elect either (a) to receive dismissal pay or, if eligible, to accept early retirement as provided in paragraph 1, or (b) to defer acceptance of either dismissal pay or early retirement if eligible and thereby for the time being retain all rights to retain seniority upon return to work to which such an employee may be entitled under the provisions of Article 12. If an employee defers acceptance of dismissal pay and in the meantime is offered an opportunity to return to work and fails to return to work within thirty
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Deferment of Dismissal Pay. An employee upon being laid off for reduction in force shall have the right to elect either (a) to receive dismissal pay or, if eligible, to accept early retirement as provided in paragraph 1, or (b) to defer acceptance of either dismissal pay or early retirement if eligible and thereby for the time being retain all rights to retain seniority upon return to work to which such an employee may be entitled under the provisions of Article 12. If an employee defers acceptance of dismissal pay and in the meantime is offered an opportunity to return to work and fails to return to work within thirty (30) days of notification to do so, such an employee shall have forfeited all rights under this procedure and no dismissal pay shall be payable.
Sample 1Sample 2

Related to Deferment of Dismissal Pay

  • Court Leave With Pay Leave with pay shall be given to every employee, other than an employee already on leave without pay, on education leave, or under suspension who is required:

  • VACATION LEAVE WITH PAY 14.01 The vacation year shall be from April 1st of one calendar year to March 31st of the following calendar year inclusive.

  • Bereavement Leave With Pay For the purpose of this Article, immediate family is defined as father, mother (or alternatively step-father, step-mother or xxxxxx parent), brother, sister, spouse (including common-law partner residing with the employee), child (including child of common-law partner), step-child or xxxx of the employee, grandparent, grandchild, father-in-law, or mother-in-law, and any relative permanently residing in the employee’s household or with whom the employee permanently resides.

  • SICK LEAVE WITH PAY Sick leave with pay for employees shall be determined in the following manner:

  • Leave With Pay Compassionate leave of absence with pay shall be granted for three (3) work days. Up to two (2) additional days with pay shall be granted for travelling time when this is warranted in the judgement of the Employer.

  • Court Appearance Leave Without Pay An employee may request and shall be granted leave without pay for the time required to make an appearance as a plaintiff or defendant in a civil or criminal court proceeding that is not connected with the employee's officially assigned duties. However, reduction in salary will not be made for an FLSA-exempt employee to testify in court or at a deposition except for full workweek increments where such testimony causes an absence of one (1) or more full workweeks.

  • Submitting False Claims; Monetary Penalties The AOC shall be entitled to remedy any false claims, as defined in California Government Code section 12650 et seq., made to the AOC by the Contractor or any Subcontractor under the standards set forth in Government Code section 12650 et seq. Any Contractor or Subcontractor who submits a false claim shall be liable to the AOC for three times the amount of damages that the AOC sustains because of the false claim. A Contractor or Subcontractor who submits a false claim shall also be liable to the AOC for (a) the costs, including attorney fees, of a civil action brought to recover any of those penalties or damages, and (b) a civil penalty of up to $10,000 for each false claim.

  • Disability Separation A. An employee with permanent status may be separated from service when the Employer determines that the employee is unable to perform the essential functions of the employee’s position due to a mental, sensory, or physical disability, which cannot be reasonably accommodated. Determinations of disability may be made by the Employer based on an employee’s written request for disability separation or after obtaining a written statement from a licensed physician or licensed mental health professional. The Employer can require an employee to obtain a medical examination, at Employer expense, from a licensed physician or licensed mental health professional of the Employer’s choice. Evidence may be requested from the licensed physician or licensed mental health professional regarding the employee’s limitations.

  • Termination and Release (i) This Guaranty shall automatically terminate on the Termination Date.

  • Commencement of Benefits (a) Unless the Participant elects otherwise, distribution of benefits will begin no later than the sixtieth day after the close of the Plan Year in which the latest of the following events occurs:

Time is Money Join Law Insider Premium to draft better contracts faster.