Exit Option. Collectively, the Tier I Exit Option and the Tier II Exit Option.
Exit Option. An Option with respect to which the terms and conditions are set forth in Section 3(b) of this Agreement.
Exit Option. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions: The Hospital will first make offers in the classifications within where layoffs would otherwise occur. If more employees than are required are interested, the Hospital will make its decision based on seniority If insufficient employees in the department affected accept the offer, the Hospital will then extend the offer to employees in the same classification in other departments. If more employees than are required are interested, the Hospital will make its decision based on seniority. In no case will the Hospital approve an employee’s request under and above for a voluntary early exit option, if the employees remaining are not qualified to perform the available work. The number of voluntary early exit options the Hospital approves will not exceed the number of employees in that classification who would be laid off. The last day of employment for an employee who accepts a voluntary early exit option will be at the Hospital’s discretion and will be no earlier than thirty (30) calendar days immediately following the employee’s written acceptance of the offer. An employee who elects a voluntary early exit option shall receive, following completion of the last day of work, a separation allowance of two
Exit Option. A new Section 4.3.3 shall be added to the Agreement and shall provide as follows:
Exit Option. No lock-in (access your apps source code) The source code generated by the Agile Platform™ is standard .Net or Java and you will notice that all modules are open, readable, and well documented - just as if they were coded by hand. Your investment is always protected: if you ever decide to stop using the Agile Platform™ we give you access to all the source code of your applications, which you can then edit in Visual Studio or Eclipse.
Exit Option. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions: The Hospital will first make offersin the classificationswithin where layoffs would otherwise occur. If more employees than are required are interested, the Hospital will decision based on seniority. If insufficientemployees in the department affected accept offer, the Hospital will then extend the offerto employeesinthe same classification in other departments. If more employees than are required are interested, the Hospital will make its decision based on seniority. In no case will the Hospital approve an employee‘s request under and above for a voluntary early exit option, if the employees remaining are not qualified to perform the available work. The number of voluntary exit options the Hospital approves will not exceed the number of employees in that classification who would otherwise be laid off. The last employment for an employee who accepts a voluntary early exit option be at the Hospital’sdiscretion and will be no earlier than thirty days immediately following the employee’swritten acceptance of the offer. An employee who elects a voluntary early exit option shall receive, following completion of the fast day of work, a separationallowance of two (2) weeks’ salary for year of service, to a of two (52) weeks’pay. A full-time employee who has completed one year of service and whose lay-off is permanent, or who is laid off for (26) weeks in any (52) week period, and who has not elected to receive a severance payment under either (a) or of this Article, shall be entitled to severance pay equal to the greater two (2) weeks’ pay, or one (Iw)eek’s pay per year of service to maximum of (26)weeks' pay. This entitlementshall not be in addition to any entitlementto severance pay under the Standards Act, but at the same shall not preclude an employee from claiming any greater entitlement which that Act may at some point come to provide. An employee may elect to defer receipt of this severance payment while his or her recall rights are in effect. Once an employee opt to receive the Severance payment, he or she shall be deemed to have resigned, and his or her recall rights shall be extinguished.
Exit Option. If after making offers of early retirement, individual layoff notices are still required, prior to issuing those notices the Hospital will offer a voluntary early exit option in accordance with the following conditions: The Hospital will first make offers in the classifications within where layoffs would otherwise occur. If more employees than are required are interested, the Hospital will make its decision based on seniority. i If insufficient employees in the department affected accept the offer, the Hospital will then extend the offer to employees in the same classification in other departments. If more employees than are required are interested, the Hospital will make its decision based on seniority. In no case will the Hospital approve an employee's request under and above for a voluntary early exit option, if the employees remaining are not qualified to perform the available work.
Exit Option. (a) Notwithstanding Sections 5.2-5.5, the Investor has the right to acquire all or part of the outstanding Securities if the Investor decides on a PS Investment Exit or Polestar Exit (or a Restructuring carried out in preparation for a PS Investment Exit or a Polestar Exit)(the “Exit Option”). The purchase price for the Securities when exercising the Exit Option shall correspond to the price that will be received in the following PS Investment Exit or Polestar Exit. The Investor may defer the payment of the purchase price until the 20th Business Day following the completion of a PS Investment Exit or Polestar Exit.
Exit Option. An employee who has not received notice of layoff may offer to be declared surplus and give up his or her job for possible redeployment of an employee who has received notice of layoff within the previous two (2) week period, and whose position is in the same classification. No relocation expenses will be paid. An employee shall advise the Human Resources Branch or Human Resources Bureau (as applicable), in writing, of his or her desire to make an offer referred to in Article The position of an employee making an offer under Article will be considered to be a vacancy for redeployment of a surplus employee, provided the Employer determines the position will continue to be filled. A employee’s offer to be declared surplus will not be acted upon by the Employer until such time as a surplus employee is assigned to his or her position. For the purposes of this Article, a surplus employee will be assigned to the employee’s position only if he or she is able to perform the normal requirements of the position without training. Employees who qualify for an actuarially unreduced pension or who could qualify shall not be eligible to utilize this provision. Notwithstanding anything in any other provision of this Article, the rights specified in Article shall be exercised before any redeployment rights.
Exit Option. It is understood that within the period of 7 days from the date of this agreement) upon receipt of written notice this agreement is terminable at the option of the purchaser(s) by paying a nominal administration charges of Rs12000/- to the company. After deduction of aforesaid amount of Rupees. 12000/- remaining amount would be refunded to the member within 120 days from the date of invoking cool off period. In case of the purchaser(s) opting for the exit option there would be no further liabilities on the purchaser(s) and amount paid by purchaser(s) will not be refunded in case of exit due to any reason in any circumstances.
