IBM EMPLOYEE COSTS Sample Clauses

IBM EMPLOYEE COSTS. The Restructuring Cost Statements will contain the following information relating to the relevant IBM employees: - A unique identity number for the employee - Employee's job title - Employee's notice period - Employee's Salary at time of separation - Employee's service start date - Other benefits afforded to the Employee and monetary value - Redundancy / Separation Payment details IBM and NTL have agreed to IBM operating a `competency' based separation programme for the NTL account and IBM may, acting in its absolute discretion, elect to displace non-NTL account employees with NTL account employees and to make the non-NTL account employee redundant. IBM may also, acting in its absolute discretion, elect to make the NTL account employee redundant. In any event, IBM will charge NTL for the Restructuring Costs associated with the employee who would be entitled to the lower overall redundancy package. In the event that IBM elects to make the non-NTL account employee redundant, IBM will provide to NTL, within the Restructuring Cost Statement, information for both employees.
Sample 1
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IBM EMPLOYEE COSTS. IBM will provide certification to NTL, in the form of a signed letter from a relevant authorised officer of IBM United Kingdom Limited, in the form set out in Annex C, to verify that the costs set out in the Restructuring Cost Statement have been incurred by IBM in accordance with this Clause 5.3. For the avoidance of doubt, `incurred by IBM', in relation to IBM Employee costs, shall include, but not be limited to, circumstances in which IBM has entered into agreements with the affected employees in relation to redundancy and IBM has become obligated to pay such employees for redundancy costs and/or contractual notice periods and termination payments.
Sample 1

Related to IBM EMPLOYEE COSTS

  • Employee Contribution Eligible employees shall contribute one percent (1%) of their salary on a per pay period basis to the HCSP.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Voluntary Employee Contributions (i) Subject to the governing rules of the relevant superannuation fund, an employee may, in writing, authorise their employer to pay on behalf of the employee a specified amount from the post- taxation wages of the employee into the same superannuation fund as the employer makes the superannuation contributions provided for in Clause 24(b).

  • Term Employee Term employee means a new person employed without seniority for a specific time period or until the completion of a particular project in compliance with funding provided for that position or project. At the expiry of said term the employment of such employee shall be terminated unless the term employee is immediately hired as a full-time or part-time employee at which time the term employee's original starting date shall be utilized to establish their seniority.

  • - Separation Allowances (a) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 9.08(a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of twelve (12) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • Term Employees (a) On termination, a term employee, with or without dependants, who leases unfurnished accommodations, or who leases furnished accommodations or owns his/her own home, will be provided financial assistance on a percentage basis for years of completed service, as defined in Table A-6.

  • Fixed Term Employees 31. The only terms of this Agreement that apply to employees who are not regular employees are those that are set out in Articles 31A, 32, 33 and 34. ARTICLE 31A – FIXED-TERM EMPLOYEES OTHER THAN SEASONAL, STUDENT AND GO TEMP EMPLOYEES (FXT) 31A.1 Articles 31A.2 to 31A.16 apply only to fixed-term employees other than seasonal, student and GO Temp employees.

  • EMPLOYEE WORK YEAR A. In-School Work Year

  • Separation Allowance 13.01 Should it become necessary to close the plant or a portion of the plant and it is not expected that those affected will be re-employed, a separation allowance will be paid to employees subject to the following:

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