Resignation or Discharge. All group insurance coverage shall cease on the date of the employee's termination.
Resignation or Discharge. All group insurance coverage (e.g., United Healthcare of Ohio) shall cease on the date of the employee's termination.
Resignation or Discharge. Seniority or length of service terminates in case of resignation or discharge.
Resignation or Discharge. Subject to Section 2.4.6, if a Participant terminates by reason of resignation or discharge prior to his Normal Retirement Age, he shall be vested and have a non-forfeitable interest in a percentage of his Non-Elective Account, determined, unless otherwise specified in Section 2.4.5, by taking into account all of his Years of Vesting Service as of such termination date in accordance with the following schedule, or if applicable, the schedule in Section 2.6.1: Years of Vesting Service Percentage Less than 1 % 1 20.000% 2 40.000% 3 60.000% 4 80.000% 5 100.000% 6 % 7 or more 100% In the event that a Participant receives a distribution of a portion of his vested Account Balance in 14535 19 05/01/07 accordance with Section 2.5.8 or another provision of the Plan, and the Participant is less than one hundred (100%) percent vested in his Non-Elective Account, then his vested and non-forfeitable Non-Elective Account at any future time shall equal:
Resignation or Discharge. SECTION 17. The Union agrees in the event ofresignation, an employee shall give to the Employer, at least one week's notice and the Employer shall serve notice upon the employee giving one week's notice (except for some flagrant violation) as to their intention of discharging any employee in question and upon such notice being given, the Union shall be advised so that immediate efforts may be made to furnish a satisfactory employee for the vacancy made. (Above clause shall not apply to temporary layoffs.)
Resignation or Discharge. (a) In the event of the termination of the Employee as an employee of the Company or an affiliate thereof prior to the Expiry Date, whether as a result of resignation or discharge, the Employee shall continue to have the right to purchase any Optioned Shares then purchasable in accordance with the provisions of Section 4 hereof, but not previously purchased by him, at any time up to and including, but not after, the earlier of: (i) the Expiry Date, or (ii) the date which is sixty (60) days following the date on which the Employee's employment shall terminate (the "Termination Date"). For greater certainty, subject to Subsection 6(b), this Agreement shall be void and of no further force and effect with respect to any Optioned Shares not purchasable as at the Termination Date. (b) Notwithstanding the provisions of Subsection 6(a) and as a separate and additional right of the Employee hereunder, where the employment of the Employee as an employee of the Company or an affiliate thereof is terminated by the Company or such affiliate prior to the Expiry Date without cause, the Employee shall also have the right to purchase additional Optioned Shares in respect of the Financial Year in which his employment is terminated if the Performance Target in respect of such Financial Year is met or a decision is made in respect of such Financial Year pursuant to Subsection 4(d)(ii). In that event, the Employee in question shall, in respect of this additional right, be entitled to purchase the number of Optioned Shares which he would have been entitled to purchase if he was then still employed times a fraction, the numerator of which is the number of full months in the Financial Year in question during which he was so employed, and the denominator of which is 12. The Employee shall, in respect of this additional right, continue to have the right to purchase the Optioned Shares referred to in this Subsection 6(b) at any time up to and including, but not after, the earlier of: (i) the Expiry Date, or the date which is sixty (60) days following the Vesting Date following the Financial Year in question. 7. THIRD PARTY OFFER Pursuant to Section 6.06 of the Plan, the Company may, in the manner provided for therein, require the acceleration of the time for the exercise of the option hereby granted and of the time for the fulfillment of any conditions or restrictions on such exercise. It is hereby acknowledged and agreed that if the Company so opts in accordance with Section 6.06 o...
Resignation or Discharge. A Participant who terminates employment by reason of resignation or discharge prior to his Normal Retirement Date, shall be entitled to a distribution of his vested and non-forfeitable Account Balance as soon as administratively feasible following his date of termination.
Resignation or Discharge. (a) The Company may terminate this Agreement at any time and for any reason. If the Executive is terminated without "cause" (as defined below), the Executive shall be entitled to receive: his base salary to the date of termination, within thirty (30) days of such termination; a performance bonus for the year in which such termination occurs, prorated as hereinafter provided in the case of death or disability; immediate vesting of all options described on Exhibit B, and, within 30 days of such termination, payment of all Earn-Out Payments pursuant to that certain Stock Purchase Agreement dated December 5, 1997, as if such payments had been earned. In the event Executive's employment with the Company is terminated prior to the expiration of the term of this Agreement on account of (y) the Executive's resignation or (z) the Executive's discharge by the Company for "cause" (as hereinafter defined), all compensation and benefits described in Section 4 of this Agreement, including the options described on Exhibit B, shall terminate as of the date of such termination of employment and a portion of the Earn-Out Payments may be retained by the Company as liquidated damages as provided in the Stock Purchase Agreement. In the event such Earn-Out Payment(s) are retained, Company and Champion shall have no other claim or remedy against Executive hereunder except pursuant to Sections 8 and 9 hereof, which will be construed as ancillary to and independent of any other provisions of this Agreement as provided below.
Resignation or Discharge. The failure to include any of the foregoing documents in a personnel file shall not be subject to a grievance, unless there exists a discernible pattern that the employer has intentionally excluded or removed material from the file. In the event the employer loses documents meant for inclusion in a personnel file, the employer shall pay any fees required to reproduce the document. The foregoing shall not be construed to alter the definition of personnel records as defined by federal and state law including, without limitation, the Xxxxxxx-Xxxxxxxx Employee Right to Know Act, MCL 423.501, et seq and the Michigan Wage and Fringe Benefits Acts, MCL 408.471, et seq, the Michigan Occupational Safety & Health Act, MCL 408.1001, et seq. APPENDIX D – FACULTY SABBATICAL LEAVE Office of Origin: Human Resources Date Adopted: January 19, 2000 Last Date Modified & Approved: August 23, 2011 Sabbatical leaves are limited to purposes that clearly promise reciprocal advantage to the College and to the applicant.
Resignation or Discharge. If a member resigns or is discharged prior to the completion of two (2) years of employment following the completion of any course work, the member shall repay the tuition reimbursement paid by the City for courses taken within the previous two (2) year period. If necessary, the amount owed by the member shall be deducted from the member's final paycheck. The intent of this Article is to benefit both employee and employer through the education medium.
