EMPLOYEES UNDER NOTICE Sample Clauses

EMPLOYEES UNDER NOTICE. The Company will provide an itemised statement of all payments due to each employee who is under notice of redundancy. The employee will receive this statement within seven working days of receiving notice. An employee who has been given notice of redundancy may, with the agreement of the Company, elect to resign prior to the effective date of the employeesredundancy notice. In such cases, any payments arising under this Appendix will be calculated to the date the resignation takes effect. Should an employee under notice die prior to the nominated date of redundancy, all benefits of this agreement to which the employee was entitled shall be paid directly to the employee's legal dependent or, if the employee had no legal dependents, all benefits will be paid to the estate of the employee.
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EMPLOYEES UNDER NOTICE. 4.1 An employee who has been given formal notice of redundancy may, with the agreement of the Company, elect to resign prior to the effective date of the employee's redundancy notice. In such cases, any payments arising under this agreement will be calculated to the date the resignation takes effect. The Company will not unreasonably withhold agreement. ▪ The Company will provide an itemised statement of all redundancy payments due to each employee who is under notice of redundancy, the employee will receive this statement within seven days of receiving notice.
EMPLOYEES UNDER NOTICE. (a) The employer will provide an itemised statement of all payments due to each employee who is under notice of redundancy.
EMPLOYEES UNDER NOTICE. 6.1 The Company will provide an itemised statement of all payments due to each employee who is under notice of retrenchment. The employee will receive this statement within seven working days of receiving notice.
EMPLOYEES UNDER NOTICE. The Company will provide an itemised statement of all payments due to each Employee who is under notice of redundancy. The Employee will receive this statement within seven working days of receiving notice. An Employee who has been given notice of redundancy may, with the agreement of the Company, elect to resign prior to the effective date of the Employees redundancy notice. In such cases, any payments arising under this Appendix will be calculated to the date the resignation takes effect. Should an Employee under notice die prior to the nominated date of redundancy, all benefits of this agreement to which the Employee was entitled shall be paid directly to the Employee’s legal dependent or, if the Employee had no legal dependents, all benefits will be paid to the estate of the Employee.
EMPLOYEES UNDER NOTICE. 6.1. An Employee who has been given formal notice of termination may, with the agreement of the Company, elect to resign prior to the effective date of the Employee's termination. In such cases any payments arising from this Agreement will be calculated to the date the resignation takes effect.
EMPLOYEES UNDER NOTICE. 4.1 An employee who has been given formal notice of retrenchment may, with the agreement of the company, xxxxx to resign prior to the effective date of the employee’s retrenchment notice. In such cases, any payments arising under this agreement will be calculated to the date that the resignation takes effect. The company shall not unreasonably withhold agreement.
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Related to EMPLOYEES UNDER NOTICE

  • Optionee’s Undertaking The Optionee hereby agrees to take whatever additional actions and execute whatever additional documents the Company may in its reasonable judgment deem necessary or advisable in order to carry out or effect one or more of the obligations or restrictions imposed on the Optionee pursuant to the express provisions of this Agreement and the Plan.

  • Termination of Employees Employment For purposes of this Section 3.1(d), the term “pro rata portion” shall mean, with respect to any award of time-vested RSUs, time- vested RSAs or time-vested options, a percentage, when expressed as a fraction, the numerator of which is the number of days from and after the date that begins the vesting period applicable to such installment of RSUs, RSAs or options during which Employee was an employee of the Company, and the denominator of which is the total number of days in the vesting period(s) applicable to such installment of RSUs, RSAs or options assuming Employee had been an employee throughout such vesting period and no event or other matter occurred that would accelerate the vesting of such award. Any options that vest pursuant to this Section 3.1(d) shall remain exercisable through the post-termination exercise period set forth in or contemplated by the agreement evidencing the option. Notwithstanding anything to the contrary in this Agreement, if any payments, awards or benefits are owed or required to be settled or delivered to Employee under Section 3.3 hereof, then Employee shall not be entitled to any payment or benefit under this Section 3.1. Notwithstanding anything to the contrary in this Agreement, if any payments, awards or benefits are owed or required to be settled or delivered to Employee under Section 3.1(c) and (d) and Employee has attained Retirement Eligibility, then Employee shall be entitled to the greater of the payment or benefit under Section 3.1(c) and (d), determined on an aggregate basis with respect to the Eligible RSAs, on the one hand, or Section 3.2, determined on an aggregate basis with respect to the Eligible RSAs, on the other hand. Solely for purposes of this paragraph, the determination of the Eligible RSAs shall assume that the date of Retirement Termination of Employment shall be deemed to have occurred as of the date of the termination of his or her employment regardless of whether such termination occurred due to a Termination of Employee’s Employment or a Retirement Termination of Employment. 3.2

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Termination by Employee for Good Reason Employee may terminate his employment hereunder for "Good Reason." As used herein, "Good Reason" shall mean the continuance of any of the following after ten (10) days' prior written notice by Employee to the Company, specifying the basis for such Employee's having Good Reason to terminate this Agreement:

  • Termination of Employment and Severance Benefits The Executive’s employment hereunder shall terminate under the following circumstances:

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following:

  • Severance and Change in Control Benefits The Committee has designated you a participant in the Company’s Executive Change in Control and Severance Plan (the “Policy”), attached as Exhibit A to this Agreement. As a participant in the Policy, you will be eligible to receive severance payments and benefits upon certain qualifying terminations of your Employment as set forth in Exhibit B to this Agreement (the “Participation Terms”), subject to the terms and conditions of the Policy. By signing this Agreement, you agree that this Agreement, the Policy, and the Participation Terms constitute the entire agreement between you and the Company regarding the subject matter of this paragraph and supersede in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied), and specifically supersede any severance and/or change of control provisions of any offer letter, employment agreement, or equity award agreement entered into between you and the Company. For the avoidance of doubt, all other terms of any equity awards granted to you by the Company will remain in effect.

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