Retirement and Other Separations Sample Clauses

Retirement and Other Separations. Members of the bargaining unit shall retire at the end of the month in which they reach their 65th birthday. Notwithstanding the above, the members of the bargaining unit, other than those serving on term appointments, may opt for application to them of the University's Retirement Policy (Appendix B) as may from time to time be revised by the University. Such option shall be exercised in writing, addressed to the immediate supervisor with a copy to the Human Resources Department, and shall have the effect of placing the bargaining unit member so opting under the Policy so far as his/her retirement rights covered by the Policy are concerned.
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Retirement and Other Separations. Members of the bargaining unit may retire at the end of the month in which they reach their sixty-fifth (65th) birthday.
Sample 1Sample 2
Retirement and Other Separations. Members of the bargaining unit shall retire at the end of the month in which they reach their 65th birthday. Notwithstanding the above, the members of the bargaining unit, other than those serving on appointments, may opt for application to them of the University's Retirement Policy (Appendix as may from time to time be revised by the University. Such option shall be exercised in writing, addressed to the immediate supervisor with a copy to the Human Resources Department, and shall have the effect of placing the bargaining unit member so opting under the Policy so far as retirement rights covered by the Policy are concerned. During any period of notice required by this agreement, the member of the bargaining unit shall continue in normal employment status, shall be either at work or on leave and be entitled to salary and benefits coverage. However, the University at its discretion may waive the requirement of attendance at work or require the bargaining unit member to abstain from such attendance during all or part of the notice period, The University and bargaining unit member concerned may also agree upon curtailment of any required notice period. The effective date of separation shall be the last day of any required, or any agreed curtailed, period of notice, or the retirement date. The employee will not be permitted to take any vacation or time off in lieu credits either immediately preceding or immediately following the official separation date. The employee shall receive their regular salary as listed below on the next regular scheduled pay date following the last day of their employment. salary and any premiums earned until then; commutation to cash of any annual leave (vacation) then standing to credit; and any separation allowance to which may be entitled. This process does not apply to scheduled non-work periods of partial year employees.
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Related to Retirement and Other Separations

  • Vacation and Other Benefits Each Contract Year, Executive shall be entitled to four (4) weeks of paid vacation in accordance with Employer’s applicable policies and procedures for executive-level employees. Executive shall also be eligible to participate in and receive the fringe benefits generally made available to other executive-level employees of Employer in accordance with and to the extent that Executive is eligible under the general provisions of Employer’s fringe benefit plans or programs; provided, however, that Executive understands that these benefits may be increased, changed, eliminated or added from time to time during the Term as determined in Employer’s sole and absolute discretion.

  • Administrative and Other Services (a) Subadviser will, at its expense, furnish (i) all necessary investment and management facilities, including salaries of personnel required for it to execute its duties faithfully, and (ii) administrative facilities, including bookkeeping, clerical personnel and equipment necessary for the efficient conduct of the investment affairs of the Fund (excluding determination of net asset values and shareholder accounting services).

  • Vacation and Other Leave During the Period of Employment, the Executive shall accrue and be entitled to take paid vacation in accordance with the Company’s vacation policies in effect from time to time, including the Company’s policies regarding vacation accruals; provided that the Executive’s rate of vacation accrual during the Period of Employment shall be no less than three (3) weeks per year. The Executive shall also be entitled to all other holiday and leave pay generally available to other executives of the Company.

  • Compensation and Other Benefits Subject to the provisions of this Agreement, the Company shall pay and provide the following compensation and other benefits to the Executive during the Term as compensation for services rendered hereunder:

  • Parental leave and other entitlements An employee may in lieu of or in conjunction with parental leave, access any annual leave or long service leave entitlements which they have accrued subject to the total amount of leave not exceeding 52 weeks.

  • Expense Reimbursement and Other Benefits (a) During the term of Executive’s employment hereunder, pursuant to Applica’s Travel and Expense Policy and upon the submission of proper substantiation by the Executive, including copies of all relevant invoices, receipts or other evidence reasonably requested by Applica, Applica shall reimburse the Executive for all reasonable expenses actually paid or incurred by the Executive in the course of and pursuant to the business of Applica or any Affiliates.

  • Executive Perquisites, Benefits and Other Compensation Employee shall be entitled to receive additional benefits and compensation from the Company in such form and to such extent as specified below:

  • Insurance and Other Benefits During the Employment Period, the Executive and the Executive’s dependents shall be entitled to participate in the Company’s insurance programs and any ERISA benefit plans, as the same may be adopted and/or amended from time to time (the “Benefits”). The Executive shall be entitled to paid personal days on a basis consistent with the Company’s other senior executives, as determined by the Board. The Executive shall be bound by all of the policies and procedures established by the Company from time to time. However, in case any of those policies conflict with the terms of this Agreement, the terms of this Agreement shall control.

  • Utilities and Other Services 4.4.1 The Tenant shall arrange, at its own cost and expense, for the installation, connection and supply of all utilities and any other services required by it at or in relation to the Premises.

  • COMPENSATION AND OTHER FEES As compensation for the services provided by Xxxxxx xxxxxxxxx, the Company agrees to pay to Xxxxxx:

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