Termination of the Employment. 2.1 The Executive’s employment with the Company shall cease 18 calendar months after the agreement effective date (“the termination date”). Any change to be requested by the Executive to apply an earlier termination date due to new employment is subject to the written approval of the Company.
Termination of the Employment. The employment of the Executive shall be terminated before the end of the Employment Period (i) upon the Executive’s death or Disability; (b) upon the delivery to the Bank of the Executive’s written notice of resignation or (c) upon the delivery to the Executive of the Bank’s written notice of termination.
Termination of the Employment. The Board of Directors of the Employer shall have the right to terminate the Executive’s employment under this Agreement at any time during the Term, for Cause, for other than Cause, or on account of the Executive’s Permanent Disability, subject to the provisions of this paragraph 5. The Executive’s employment under this Agreement shall automatically terminate upon the Executive’s death during the Term. The Executive’s “Termination Date” shall be the date specified in written notice from the Board to the Executive, or to the Board from the Executive in accordance with subparagraph (c) below, given in accordance with the provisions of paragraph 13, except as otherwise agreed by the parties.
Termination of the Employment. (a) Assumptor agrees and understands that condition of employment or compensation may cause Assignor to be unable to perform further work for Assumptor due to the risks of the Injection being experimental and not an authorized drug or medicine for sale or use by the FDA or any other government body similar thereto and that should Assignor be unable to perform their duties contracted thereafter, Assumptor agrees to maintain compensation to Assignor as though they were a full time employee with full benefits and retirement or pension compensation as though they remained able to work for the longer of the: 1) duration of the contract or employment agreement; or 2) the maintenance of Assignors position or function within the Assumptor’s business; or 3) until Assignor reaches age 72.5 years of age; unless said Injection should cause, directly or indirectly, the premature death of Assignor in which case the minimum damages Assumptor confesses is the full compensation as afore stated to age 72.5 of the employee as compensatory damages, in addition to any other costs, damages, expenses or third party liabilities may arise.
Termination of the Employment as a result of abandonment will operate from the date of the last attendance at work or the last day's absence in respect of which notification was given to the Company, whichever is later.
Termination of the Employment. General provisions on termination of employment The contract of employment will be terminated on the basis of mutual consent on the day following the expiry of the reorientation period, or as much earlier as the redundant employee may choose.
Termination of the Employment contract in accordance with section 8:1 and 8:3
Termination of the Employment. 14.1 The notice period on both sides is 6 months to the end of the month. The contract ends at the end of the month in which the employee reaches regular retirement age without requiring a separate notice of termination.
Termination of the Employment. The contract of employment will be terminated on the basis of mutual consent on the day following the expiry of the reorientation period, or as much earlier as the redundant employee may choose. Settlement agreement The employer will present the settlement agreement to the employee as soon as possible after notification of redundancy. In principle, the employer and the employee should sign the settlement agreement before the date of redundancy, except as provided in the section ‘Sick employees’ of this page. If the employee does not sign the settlement agreement (or not sign it in time), the potential adverse consequences with regard to receiving timely unemployment benefits shall be borne by the employee. The standard agreed arrangements arising from this Sociaal Plan will be documented in the settlement agreement. These standard arrangements are not individually negotiable. If the employee does not sign the settlement agreement (or not sign it in time), the employer will initiate termination proceedings. In that case the provisions of this Sociaal Plan will continue to apply in full. Repayment scheme The settlement agreement will include a repayment scheme. This scheme obliges the employee to repay (part of) the gross severance payment if the employee returns, within a period of at most 2 years after termination of the employment, to Rabobank or Obvion. Notice period Pursuant to section 672 (6) of the Dutch Civil Code, the statutory notice period with a maximum of three months applies for the employer in respect of employees to whom this Sociaal Plan applies. Employees to whom this Sociaal Plan applies are required to observe a notice period of 1 month. Sick employees During the first 104 weeks of illness, termination of the employment contract by mutual consent is not possible owing to the reintegration obligation and adverse consequences that could arise from it for the employer and employee pursuant to (social insurance) statutory provisions. The cao provisions and the customary procedures for illness will apply. If the employee is still incapacitated for work after 104 weeks and the reintegration has not led to a lasting return to work, the contract of employment will be terminated due to incapacity for work. The severance payments described in this Sociaal Plan will only be granted if the termination takes place owing to reorganisation and not if the reason is (partly also) the result of illness. If an employee is sick before or on the date of redun...
Termination of the Employment with or without Cause, will not affect the continued enforceability of this Agreement.
