Eligibility for Severance Pay. The Executive shall be eligible to receive severance pay, in the amounts and at the times described in paragraph 3, if:
Eligibility for Severance Pay. If my employment with the Corporation terminates under circumstances in which I am eligible for severance under the Corporation’s Severance Plan for Non-Store Employees (the “Severance Plan”), the Corporation will offer me severance in accordance with the Severance Plan and the length of the Non-Competition Period will match the length of the severance period. I acknowledge that the Severance Plan sets forth pre-requisites I must meet in order to receive severance, including but not limited to execution of the Corporation’s standard separation agreement and release of claims. In the event that the Corporation fails to comply with its obligations to offer me severance according to the Severance Plan, then Section 2 of this Agreement shall be of no further effect. I agree that if I decline the Corporation’s offer of severance, I shall continue to be subject to the restrictions in Section 2.
Eligibility for Severance Pay. Full time teachers who have taught in District 112 for at least 20 continuous years and who began full time teaching in the District prior to July 1, 1991 shall be eligible for severance pay pursuant to the provisions of this Article upon submission of a written resignation accepted by the School Board. The teacher shall submit a written letter of their intent to retire no later than 60 days prior to the effective date of retirement. The acceptance by the School Board must be completed no sooner than 90 days prior to retirement and no later than 30 days prior to retirement.
Eligibility for Severance Pay. 26.7 Except as provided in clause 26.8, an Employee who is in receipt of a notice of lay-off and has five (5) or more years seniority, is laid off and:
Eligibility for Severance Pay. In order to be eligible for severance pay, an employee must have attained the age of 55 years as of June 30 of the school year in which an application is made and must have completed a minimum of 20 full years of continuous service to the Employer. Severance pay is only available to employees hired prior to July 1, 1990. No severance pay will be paid to any employee who is discharged for cause.
Eligibility for Severance Pay. To become eligible for severance pay an employee must have completed not less than ten (10) years of continuous service in the employ of the Employer. The Employer will provide severance pay to non-continuous employees who have completed not less than ten (10) years of service on the following basis:
Eligibility for Severance Pay. If your employment is terminated by the Company without Cause, as defined below, or by you with Good Reason, as defined below and, provided that you (a) sign and do not revoke a general release of legal claims in a form and scope acceptable to the Company (the “Release”) within the applicable deadline set forth therein and permit the Release to become effective in accordance with its terms, which must occur no later than the Release Deadline, as defined below, and (b) fully comply with your obligations under the Non-Competition Agreement, in addition to the Accrued Obligations, you shall be eligible to receive the following benefits:
Eligibility for Severance Pay. In addition to the foregoing, the Officer shall be eligible to receive severance pay, in the amounts and at the times described in paragraph 3, if:
Eligibility for Severance Pay. If an Employee chooses not to transfer with the job to a different work location, then the employee will be eligible for full Severance Pay and other benefits applicable to employees whose jobs are eliminated.
Eligibility for Severance Pay. If my employment with the Corporation terminates under circumstances in which I am eligible for severance under the applicable severance plan (the “Severance Plan”), the Corporation will offer me severance in accordance with the Severance Plan and the length of the Non-Competition Period will match the length of the severance period, not to exceed 18 months. I acknowledge that I must meet certain requirements in order to receive severance, including but not limited to execution of the Corporation’s standard separation agreement and release of claims and any requirements expressed in the Severance Plan. I agree that if I decline the Corporation’s offer of severance, I shall continue to be subject to the restrictions in Section 3.
