Other Separation Sample Clauses
The "Other Separation" clause defines the terms and conditions that apply when an employee leaves a company for reasons not specifically covered by other separation provisions, such as resignation, retirement, or mutual agreement. This clause typically outlines the notice requirements, final compensation, and any post-employment obligations or benefits that may apply in these less common scenarios. Its core practical function is to ensure that both parties understand their rights and responsibilities in the event of a separation that does not fall under standard categories, thereby providing clarity and reducing the risk of disputes.
Other Separation. An Employee who retires or resigns from the service of the City or who is terminated or discharged through no fault or delinquency of their own shall be entitled to receive a lump sum payment of all accumulated annual leave.
Other Separation. If the Employee's Separation from Service is due to the Employee's death, disability (for the avoidance of doubt, including an involuntary termination due to disability), termination by the Company for Cause or termination by the Employee other than for Good Reason, then no further compensation or benefits will be provided to the Employee by the Company under this Agreement following the date of such Separation from Service other than payment of compensation earned to the date of Separation from Service but not yet paid. As more fully and generally provided in Section 15 hereof, this Subsection 5(b) shall not be interpreted to deny the Employee any benefits to which he may be entitled under any plan or arrangement of the Company applicable to the Employee. Likewise, this Subsection 5(b) shall not be interpreted to entitle the Employee to a bonus under the Bonus Plan following his Separation from Service except as provided in the Bonus Plan.
Other Separation. For the purpose of this article, one (1) month severance pay shall consist of one hundred sixty (160) hours pay at the employee’s base hourly rate. Should the Township of Haddon decide to exercise its managerial prerogatives in such fashion that the Haddon Township Police Department should be abolished, merged, absorbed within another agency, or ceases to operate as a separate entity unto itself during the contract term, the following will apply: Each employee covered under the terms of this agreement shall be entitled to one (1) month’s severance pay for each three (3) months of service. Employees shall be given credit for prior months employed provided that such credit shall not exceed thirty-six (36) months severance pay. Employees shall be allowed a maximum of thirty-six (36) months severance pay. This benefit shall be paid, prorated over the severance period from the date of the employee’s last day of service. More specifically, severance will be divided equally and paid on the anniversay date of separation in each subsequent year, not to exceed three years. The Township of ▇▇▇▇▇▇ agrees to maintain all employee and immediate family’s medical benefits for a period of one (1) year from the employee’s date of separation. When the Haddon Township Police Platoon Sergeant is off duty, due to personal holiday, vacation, illness, or approved absence, the Patrolman who is assigned by the Chief of Police or his designee, as Officer in Charge, shall be paid at the rate of pay, equivalent to the Sergeant’s daily rate of pay. It is understood that the Township will only pay one additional OIC rate, per twelve hour shift. If two (2) OICs share a twelve hour shift in that capacity, they will also share the rate of additional pay. Also, when the Patrolman is assigned Officer in Charge and he is required to stay on duty after his regular tour of duty, he will receive overtime pay. An Officer shall receive Seventy Dollars ($70.00) per week while assigned to the Detective Bureau and working on a full time basis. This payment will not be used in computing salary benefits.
Other Separation. Any Member who separates from service for any reason except normal retirement, Total and Permanent Disability, or death shall be entitled to receive benefits based on his vested interest in his Accounts, which benefits will be paid in accordance with the provisions of Section 5.05.
Other Separation. An employee who retires or resigns from the service of the to receive a lump sum payment of all accumulated annual leave at the employee's current hourly rate.
Other Separation. Westar (including subsidiaries of Westar), on the one hand, and Holdco and KCP&L, on the other hand, shall not grant or permit to exist any encumbrance, claim, security interest, pledge or other right in their respective stock or assets in favor of any entity or person other than immaterial liens or encumbrances in the ordinary course of business, letters of credit issued on behalf of third-parties in the ordinary course of business and encumbrances resulting from regulatory requirements unless otherwise authorized by the Commission.