Paying out Long Service Leave on Cessation of Employment Sample Clauses

Paying out Long Service Leave on Cessation of Employment. 36.5.1 Employees who have completed seven or more years of continuous service with the Employer are entitled to a pro-rata LSL payment on cessation of employment, subject to clause 36.5.2.
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Paying out Long Service Leave on Cessation of Employment. On cessation of employment, unless otherwise instructed by the Staff Member, the University will pay the Staff Member as part of their cessation payment: LSL entitlement accrued on completion of any qualifying period; and LSL accumulated in accordance with Clauseclause 3938.1.5, subject to the Staff Member having completed an initial 7 years Continuous Service (including any recognition of prior service). Where a Professional and General Staff Member is terminated at the initiation of the University in accordance with Clauseclause 7367, Management Managingof Unsatisfactory Work Performance or Clauseclause 74 68 Managing Misconduct or Serious Misconduct Clauseclause 3938.8.1(b) will not apply. Where an Academic Staff Member is terminated at the initiation of the University in accordance with Clauseclause 7468, Managing Misconduct or Serious Misconduct Clauseclause 3938.8.1(b) will not apply.
Paying out Long Service Leave on Cessation of Employment. 6.1. On cessation of employment, unless otherwise instructed by the Employee, the Employer will pay the Employee as part of their cessation payment:
Paying out Long Service Leave on Cessation of Employment. 39.8.1 On cessation of employment, unless otherwise instructed by the Staff Member, the University will pay the Staff Member as part of their cessation payment:
Paying out Long Service Leave on Cessation of Employment. On cessation of employment, unless otherwise instructed by the Staff Member, the University will pay the Staff Member as part of their cessation payment: LSL entitlement accrued on completion of any qualifying period; and LSL accumulated in accordance with clause 38.1.5, subject to the Staff Member having completed an initial 7 years Continuous Service (including any recognition of prior service). Where a Professional and General Staff Member is terminated at the initiation of the University in accordance with clause 67, Managing Unsatisfactory Work Performance or clause 68 Managing Misconduct clause 38.8.1(b) will not apply. Where an Academic Staff Member is terminated at the initiation of the University in accordance with clause 68, Managing Misconduct clause 38.8.1(b) will not apply. Notwithstanding clause 38.8.1, a Staff Member who resigns on the grounds of ill-health, or who has reached their superannuation preservation age and is leaving the workforce, or whose position is made Redundant, or who dies, will be entitled to payment of both accrued and accumulated LSL proportionate to their years of Continuous Service.

Related to Paying out Long Service Leave on Cessation of Employment

  • Cessation of Employment In the event Executive shall cease to be employed by the Company for any reason, then Executive's compensation and benefits shall cease on the date of such event, except as otherwise provided herein or in any applicable employee benefit plan or program.

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Leave When Employment Terminates 31.7.1 Except as provided in sub-clause 31.7.3, when the employment of an employee is terminated for any reason, the employee or his estate shall, in lieu of earned but unused vacation leave, be paid an amount equal to the product obtained by multiplying the number of days of earned but unused vacation leave by the daily rate of pay applicable to the employee immediately prior to the termination of his employment.

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

  • Location of Employment The Executive's principal place of business shall continue to be at the Company's headquarters to be located within thirty (30) miles of Doylestown, Pennsylvania; provided, that the Executive acknowledges and agrees that the performance by the Executive of his duties shall require frequent travel including, without limitation, overseas travel from time to time.

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • OBLIGATIONS SURVIVE TERMINATION OF EMPLOYMENT Executive agrees that any and all of Executive’s obligations under this Agreement, including but not limited to Exhibits B and C, shall survive the termination of employment and the termination of this Agreement.

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

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