Termination and Severance Pay Sample Clauses

Termination and Severance Pay. Employees who terminate their employment with the City for any reason shall have their termination pay computed in the following manner.
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Termination and Severance Pay. A. In the event the Employee is terminated pursuant to Paragraph B hereof and the Employee is willing and able to perform the duties of the position under this agreement, upon execution of a Separation Agreement and General Release, the Employer agrees to pay the Employee a lump sum cash payment equal to three (3) months aggregate annual salary, exclusive of other forms of compensation, less standard withholdings, in addition to the continuation of medical, dental and vision insurance benefits during the three (3) month period immediately following the date of termination. However, in the event the Employee is terminated because the Employee has been convicted of a misdemeanor or a felony, or if the County determines that the Employee has engaged in unprofessional and improper practice, other than negligence, and breach of public trust, including but not limited to illegal acts involving personal gain, or moral turpitude, the County shall be entitled to terminate the Employee immediately without any severance pay, or medical, dental and vision insurance continuation aside from COBRA.
Termination and Severance Pay. In the event of permanent termination of an employee by the Company, other than by discharge for just cause, such employee will be entitled to notice or pay in lieu of notice in accordance with the Employment Standards Termination of Employment. In the event of the Company deciding permanently to close the Plant, any employee whose continuous service shall not have been broken prior to the date of closing, whose job shall be discontinued shall be entitled to severance pay according to the following: Four hundred dollars ($400) per year of continuous service with the Company or severance pay in accordance with the provisions of the Employment Standards Act, whichever is greater. Severance pay as above is separate and in addition to termination pay.
Termination and Severance Pay. (a) If Officer terminates employment for Good Reason or if Employer terminates Officer's employment without Cause,
Termination and Severance Pay. Command Officers who terminate their employment with the City for any reason shall have their termination pay computed in the following manner:
Termination and Severance Pay. Both the Bank and Officer acknowledge that the Officer’s employment is “at will,” and may be terminated by either party at any time, with or without Cause, by giving notice to the other party as set forth below. Upon termination of Officer’s employment with Bank, Officer will be entitled to severance pay as set forth below.
Termination and Severance Pay. A. Nothing in this Agreement shall prevent, limit or otherwise interfere with the right of the Council to terminate the services of Xxxxxxxx at any time with or without cause as provided by the City Charter.
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Termination and Severance Pay. Employees who terminate their employment with the Clerk’s Office for any reason shall have their termination pay computed in the following manner.
Termination and Severance Pay. Within fourteen calendar days of a written notice of Permanent (not term) position being eliminated, an employee who signs an agreement to terminate employment will be entitled to severance pay of two weeks’ pay at the employee’s current rate of pay for every year or partial year of service to a maximum of fifteen months’ pay. The payment will be calculated to the date the employee leaves the Permanent position and made on the date the employee leaves the Permanent position or a succeeding term position, whichever is later. This fourteen day period may be extended by the Employer for good and sufficient reason. The employee will forgo any further rights under the Collective Agreement.
Termination and Severance Pay. A. The Manager serves at the pleasure of the Council, and the Manager’s employment may be terminated by the Council at any time for any reason.
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