Full Career Eligibility Sample Clauses
The Full Career Eligibility clause defines the conditions under which an individual is considered eligible for benefits, rights, or status throughout the entirety of their professional career. Typically, this clause outlines specific criteria such as years of service, types of roles held, or milestones achieved that must be met to qualify for full career-related entitlements. For example, it may specify that only employees who have completed a certain number of years with the organization are eligible for retirement benefits or long-term incentives. The core function of this clause is to establish clear and consistent standards for eligibility, thereby preventing disputes and ensuring fairness in the allocation of career-based benefits.
Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • you voluntarily terminated your employment with the Firm, had completed at least five years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • for 36 months from the date of grant of this award, you do not either perform services in any capacity (such as an employee, contractor, consultant advisor, or self-employed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below), and • you satisfied the Release/Certification Requirements set forth below. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees subject to notice period policies. (See “Notice Period” below.)
Full Career Eligibility. The “Government Office” section of this award does not apply to you if you satisfy the requirement for “Full Career Eligibility” as of the date that you voluntarily terminate your employment with the Firm.
Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that • (i) you voluntarily terminated your employment with the Firm, and (ii) had completed at least five years of Recognized Service (as defined below) on your date of termination, with at least three years of continuous service with the Firm immediately preceding your termination date or, if you are over 60 years of age with at least three years of continuous service with the Firm immediately preceding your termination date, and • the sum of your age and Recognized Service (as defined below) on your date of termination equaled or exceeded 60, and • you provided at least 180 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provided such services as requested by the Firm in a cooperative and professional manner and you did not perform any services for any other employer, and • continued vesting shall be appropriate, which determination shall be made prior to your termination and will be based on your performance and conduct (before and after providing notice), and • you satisfied the Release/Certification requirements set forth below, and • for 36 months from the date of grant of this award you do not either perform services in any capacity (such as an employee, contractor, consultant, advisor, or self-employed individual, whether paid or unpaid) for a Financial Services Company (as defined below) or work in your profession (whether or not for a Financial Services Company); provided that you may do one or more of the following: ◦ work in a government, education or Not-for-Profit Organization (as defined below), ◦ subject to disclosure and confirmation of the following, serve as a non-employee director on the board of a public or non-public company that is not a Financial Services Company. ◦ receive confirmation from the firm to continue to serve as a non-employee director on the board of a public or non-public company for which you served while employed. After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 180-day period as a condition to continued vesting or shorten the length of the 180-day period at the Firm’s sole discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply for employees su...
Full Career Eligibility. In the event that the Director of Human Resources or nominee in his or her sole discretion determines that
Full Career Eligibility. “Government Office Requirements” does not apply to you if you satisfy the subsection captioned “Full Career Eligibility” as of the date that you voluntarily terminate your employment with the Firm.
Full Career Eligibility. This award will continue to vest on the original schedule following termination of employment in the event that: • you leave the Firm voluntarily, have completed at least five years of continuous service with the Firm immediately preceding your termination date, and the sum of your age and Recognized Service (as defined below) on your date of termination equals or exceeds 60, and • you provide at least 90 days advance written notice to the Firm of your intention to voluntarily terminate your employment under this provision, during which notice period you provide such services as requested by the Firm in a cooperative and professional manner and you do not perform any services for any other employer, and • for the remainder of the relevant vesting period, you do not (i) perform services in any capacity (including self-employment) for a Financial Services Company (as defined below) or (ii) work in your profession (whether or not for a Financial Services Company); provided that you may work for a government, education or Not-for-Profit Organization (as defined below). After receipt of such advance written notice, the Firm may choose to have you continue to provide services during such 90-day period or shorten the length of the 90-day period at the Firm’s discretion, but to a date no earlier than the date you would otherwise meet the age and service requirements. Additional advance notice requirements may apply in certain business units (or equivalent organizational unit or department). (See “Special Notice Period” below.)