Executive dies Sample Clauses

Executive dies. (b) Executive becomes permanently disabled and qualifies for payments under Employer's disability plans for a period covering 90 consecutive days.
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Executive dies. (b) The net value of the Split Dollar Insurance described in 4.1 and 4.2 equals or exceeds the present value of Executive's Base Pay Retirement Supplement. Present value for this purpose shall be determined under the actuarial assumptions for calculating equivalent benefits under the Tektronix Pension Plan, as in effect when the determination is made or, if that plan no longer exists, under a successor defined benefit pension plan. If Executive receives an make any scheduled premium payment from the Split Dollar Policy or if Executive fails to make any scheduled premium payment under the Split Dollar Policy, the net value of the Split Dollar Policy for purposes of this Section shall be increased to the net value that would have resulted if such distribution, loan or other payment had not been received, or such scheduled premium had been paid.
Sample 1
Executive dies. 6.2.3 Notwithstanding anything to the contrary in this Section 6.2, if and to the extent the Company’s CEO and compensation committee of the Board determine, in their sole discretion and in accordance with the performance objectives to be set forth in Exhibit B, that Executive should be paid Incentive Compensation for the portion of the fiscal year prior to any such termination for Inability to Perform, Executive shall be paid such amount within thirty (30) days after the Company’s CEO and compensation committee of the Board make such determination. For the avoidance of doubt, in the event of an Inability to Perform, Executive understands that he shall have no right to any such Incentive Compensation, and whether or not he receives Incentive Compensation in such event is solely a matter of discretion for the Company’s CEO and compensation committee of the Board to determine.
Sample 1

Related to Executive dies

  • Executive Director (a) The HMO must employ a qualified individual to serve as the Executive Director for its HHSC HMO Program(s). Such Executive Director must be employed full-time by the HMO, be primarily dedicated to HHSC HMO Program(s), and must hold a Senior Executive or Management position in the HMO’s organization, except that the HMO may propose an alternate structure for the Executive Director position, subject to HHSC’s prior review and written approval.

  • Successive Disabilities If, following a period of total disability with respect to which benefits are paid from this Plan, an employee returns to work for a continuous period of six (6) months or more, any subsequent total disability suffered by that employee, whether related to the preceding disability or not, shall be considered a new disability and the disabled employee shall be entitled to benefit payments after the completion of another waiting period. In the event the period during which such an employee has returned to work is less than six (6) months and the employee again suffers a total disability that is related to the preceding disability, the subsequent disability shall be deemed a continuation of the preceding disability, and the disabled employee shall be entitled to benefit payments without the necessity of completing another waiting period. Should such an employee suffer a subsequent disability that is unrelated to the previous disability and provided the period during which the employee returned to work is longer than one (1) month, the subsequent disability shall be considered a new disability and the employee shall be entitled to benefit payments after the completion of another waiting period. If the period during which the employee returned to work is one (1) month or less, the subsequent disability shall be deemed a continuation of the preceding disability and the disabled employee shall be entitled to benefit payments without the necessity of completing another waiting period.

  • Executive Executive’s rights and obligations under this Agreement shall not be transferable by Executive by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Executive shall die, all amounts then payable to Executive hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee, or other designee, or if there be no such designee, to Executive’s estate.

  • Employment Terms As a condition to your employment with the Company, you are required to (a) sign and return a satisfactory I-9 Immigration form providing sufficient documentation establishing your employment eligibility in the United States, and (b) provide satisfactory proof of your identity as required by United States law.

  • Progressive Discipline The Employer will follow the principles of progressive discipline. Disciplinary action shall be commensurate with the offense. Disciplinary action shall include:

  • Employment Termination The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Term of Employment; Termination (a) The “

  • Types of Employment 19.1 Employees under this Agreement may be employed in any one of the following employment categories:

  • End of Employment Your employment with the Company ended effective at the close of business on [Date]. Upon your receipt of your final paycheck, which includes payment for services through [Date], you will have received all wages, compensation and benefits owed to you by virtue of your employment with the Company or termination thereof. If applicable, information regarding your right to elect COBRA coverage will be sent to you via separate letter. You are not eligible for any other payments or benefits by virtue of your employment with the Company or termination thereof except for those expressly described in this Agreement. You will not receive the separation pay and benefits described in Section 2 of this Agreement if you (i) do not sign this Agreement and return it to the Company by the Offer Expiration, (ii) rescind this Agreement after signing it, or (iii) violate any of the terms and conditions set forth in this Agreement.