TERMINATION & RESIGNATION Sample Clauses

TERMINATION & RESIGNATION. Both the employer and the employee may terminate employment at any time by giving the other party the required period of notice as specified below. Instead of providing the above notice the employer may choose to make payment in lieu of notice. If the employee fails to give the required notice, the employee forfeits the entitlement to any monies owing equal to the amount of notice not given. Nothing in this Agreement affects the employer’s right to dismiss an employee without notice for serious misconduct and an employee so dismissed shall only be entitled to be paid for the time worked up to the time of dismissal. Full and Part Time Employees: The notice of termination period shall be: By the Employer: Years Of Service Less than 1 Year More than 1 but not more than 3 Years More than 3 but not more than 5 years More than 5 Years Required Notice (at least) 1 Week 2 weeks 3 weeks 4 weeks Employees 45 years and over who have completed at least two (2) years continuous service with the employer will receive one (1) additional weeks notice. By the Employee:
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TERMINATION & RESIGNATION. Subject to the provisions below, Executive may be terminated by GX at any time, with or without cause. Executive may resign at any time for any reason.
TERMINATION & RESIGNATION. (a) The Employer may terminate employment at any time by giving the required period of notice specified below, or making payment in lieu of notice: Part Time and Full Time Employees Employee’s period of continuous service with the employer Period of notice Not more than 1 year At least 1 week More than 1 year but not more than 3 years At least 2 weeks More than 3 years but not more than 5 years At least 3 weeks More than 5 years At least 4 weeks Casual Employees Employee’s period of continuous service with the employer Period of notice Not more than 1 year At least a moment’s notice More than 1 year At least 1 week
TERMINATION & RESIGNATION. 5.1 The Board may terminate the Employee’s employment at any time immediately and without notice.
TERMINATION & RESIGNATION. Executive acknowledges that his employment with the Corporation has terminated and hereby resigns his position as an officer and director of the Corporation and any and all positions he holds with the Corporation, its subsidiary companies, or any of its other affiliates, effective as of the Date of Termination. From and after the Date of Termination, Executive shall not make any statements or engage in conduct which would lead any person or entity to believe that he is an employee, officer, director, consultant, agent or other authorized representative of the Corporation or any of its subsidiaries.
TERMINATION & RESIGNATION. The Company shall have the right to terminate the Employee's employment hereunder for “Cause” and upon such termination, Executive shall have no further duties or obligations under this Agreement (except as provided in Section 8) and the obligations of the Company to Executive shall be as set forth below. For purposes of this Agreement, “
TERMINATION & RESIGNATION. No Bonus (or prorata portion thereof) will be paid if Executive is: (i) Terminated for cause pursuant to the terms contained in this Agreement, or (ii) voluntarily terminates or resigns his employment prior to the conclusion of the Employer's fiscal year or prior to the issuance of the bonus payment.
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TERMINATION & RESIGNATION. The parties hereto agree that BBAM’s and BBAM Ireland’s appointment as Servicers may be terminated prior to the expiry of the Term at the election of the Company, by written notice to the Servicers, if a “Termination Event” occurs and is not cured within the applicable cure periods described below. For purposes of this Section 10, each of the events described in the following paragraphs shall constitute a Termination Event:
TERMINATION & RESIGNATION. (a) Subject to the provisions of Sections 5.3 and 5.4, if the Executive’s employment is terminated automatically under Section 2.3, or if, prior to the expiration of the Transition Period, the Executive’s employment is terminated by the Company or the Executive resigns, the Company shall pay to the Executive in cash any unpaid amounts of the Executive’s Base Salary for periods prior to the date of termination or resignation. Any such amount shall be paid in a lump sum within five business days after the date of termination or resignation.
TERMINATION & RESIGNATION. (a) You acknowledge and agree that PJT Holdings may terminate your service at any time for any reason, or for no reason at all with or without Cause; provided, however, that PJT Holdings shall provide you with written notice at least ninety days prior to the date of the termination of your service during which PJT Holdings may elect to place you on paid leave for all or part of such ninety-day period. During such ninety-day period (whether or not you are put on paid leave), you shall continue to receive your base draw and benefits, subject to applicable law and the payment of benefits-related premiums, but shall not receive or participate in any profit sharing or bonus arrangements or continue to vest in any equity or other incentive awards, other than as provided in Section 3(c) above or pursuant to the terms of such awards.
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