Retirement of a Member Sample Clauses

Retirement of a Member. In the event of a written notification by a member of OECTASA, to the Association, of his/her retirement, the General Secretary shall provide a copy to the President of OECTASA. At the request of OECTASA a meeting shall be convened with the General Secretary to clarify any issues related to the member’s retirement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Retirement of a Member. The Retirement of a Member shall not dissolve or terminate the Company. In the event of a Member's death, the legal representative of the Retired Member shall be the assignee of the Retired Member's Units and may become a Substitute Member upon compliance with the provisions of Section 9.04 hereof. The estate of the Retired Member shall be liable for all of the Retired Member's liabilities and obligations to the Company as a Member.
Sample 1
Retirement of a Member. 12.1 Subject to clause 12.4, a member may retire from membership of the LLP by giving not less than three months’ written notice to the LLP and on the expiration of that notice his membership shall terminate.
Sample 1
Retirement of a Member. Upon the retirement of an individual Member from his practice, the Member has three options: (i) request that his Voting Interest be converted into a Class A Interest, in which case he can continue to hold all of his Membership Interests, or (ii) sell the Membership Interests owned by him to a Participating Provider who is already a Member of the Company, provided, that his Class B Membership Interest sold shall be automatically converted into a Class A Interest, or (iii) within two years of the date of his retirement, find a purchaser for his practice or his interest in his group practice and sell his Membership Interest to the purchaser of such practice or Interest, subject to the purchaser joining the appropriate Practice Association, satisfying the credentialing criteria of the Practice Association and obtaining the consent of the Board of Managers. In the event such purchaser is a Participating Provider in a Practice Association, any Class B Membership Interest sold shall be automatically exchanged for one Class A Membership Interest.
Sample 1

Related to Retirement of a Member

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

  • Designation of Beneficiaries The Executive may designate any person to receive any benefits payable under the Agreement upon the Executive’s death, and the designation may be changed from time to time by the Executive by filing a new designation. Each designation will revoke all prior designations by the Executive, shall be in the form prescribed by the Administrator and shall be effective only when filed in writing with the Administrator during the Executive’s lifetime. If the Executive names someone other than the Executive’s spouse as a Beneficiary, the Administrator may, in its sole discretion, determine that spousal consent is required to be provided in a form designated by the Administrator, executed by the Executive’s spouse and returned to the Administrator. The Executive’s beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Designation of Beneficiary The depositor may designate a beneficiary or beneficiaries to receive benefits from the custodial account in the event of the depositor’s death. In the event the depositor has not designated a beneficiary, or if all beneficiaries shall predecease the depositor, the following persons shall take in the order named:

  • Transition to Retirement 24.1 An Employee may advise their Employer in writing of their intention to retire within the next five years and participate in a retirement transition arrangement.

  • Restricted Employment for Certain State Personnel Contractor acknowledges that, pursuant to Section 572.069 of the Texas Government Code, a former state officer or employee of a state agency who during the period of state service or employment participated on behalf of a state agency in a procurement or contract negotiation involving Contractor may not accept employment from Contractor before the second anniversary of the date the Contract is signed or the procurement is terminated or withdrawn.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Membership Benefits The benefits of CamCare programs are available only while your membership is current and active. Benefits are term year specific so they can only be used during the current active plan agreement period. Members have the ability to change their plan from one plan to another but the plans cannot be unbundled. Each plan has been designed carefully to include those elements associated with the main intent of a particular plan.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

Time is Money Join Law Insider Premium to draft better contracts faster.