Termination/Retirement Clause Samples

Termination/Retirement. Upon termination or retirement, purchased vacation hours not used will be reimbursed to the employee at the original rate the employee paid for the allocation.
Termination/Retirement. Employees who leave the College or retire are eligible to continue medical/dental benefits through the federal COBRA laws. Other conversions for life insurance may be available. Full information about State Employee Benefits Board (SEBB) benefits and retirement will be made available in the Human Resources Office.
Termination/Retirement. Employees who leave BTC, or who are laid off, or retire are eligible to continue medical/dental benefits in accordance with the federal COBRA laws. Other conversions for life insurance may be available. Full information about PEBB benefits is available in the Human Resources Office.
Termination/Retirement. (a) This Agreement is subject to the Company’s Severance Plan, attached hereto. Subject to Sections 14 (b), (c), or (d) below, in the event that the Executive’s employment with the Company terminates for any reason, including but not limited to, by the Company for Cause or by the Executive without Good Reason, then any unvested RSUs shall be forfeited and all of the Executive’s rights hereunder with respect to such unvested RSUs shall cease as of the effective date of termination (the “Termination Date”). (b) All RSUs granted hereunder shall become immediately fully vested as of the Termination Date and settled in accordance with Section 14 e if the Executive’s employment with the Company shall be terminated: (i) by the Company due to, or during, the Executive’s Disability or due to the Executive’s death; or (ii) by the Company without Cause following a Change in Control, or by the Executive with Good Reason following a Change in Control, subject in each case to the execution of a Release Agreement between the Executive and the Company. (c) Subject to the execution and effectiveness of a Release Agreement between the Executive and the Company, if the Executive’s employment with the Company is terminated by the Company without Cause or by the Executive with Good Reason not following a Change in Control, then: (i) the Executive shall immediately vest in the number of unvested RSUs under Section 2(a) of this Agreement at the “Target” level of performance on Corporate Objectives as set forth in Section 2(a); and (ii) provided that the Executive’s Termination Date is in the final year of the Performance Period, the Executive shall be eligible to vest in the unvested RSUs under Section 2(b) of this Agreement based on the Company’s actual performance on Relative NAREIT TSR during Performance Period as determined by the Committee. (d) If the Executive’s employment with the Company is terminated due to Executive’s Retirement, then (i) unvested RSUs under Section 2(a) of this Agreement that may have vested based on Corporate Objectives shall be forfeited and all of the Executive’s rights hereunder with respect to such unvested RSUs shall cease as of the Termination Date, unless otherwise determined by the Committee in its sole discretion; and (ii) provided that the Executive’s Termination Date is in the final year of the Performance Period, then the Executive shall be eligible to vest in the unvested RSUs under Section 2(b) of this Agreement based on the Company’s a...
Termination/Retirement. (a) Each permanent Child Protection Worker will give one (1) month's notice in writing of termination of employment, unless there are exceptional circumstances, in which case the Executive Director may, at their option, accept a written notice of termination that is less than one (1) month. The Executive Director may, at their option, make payment in lieu of all or part of such notice being worked out. (b) Each permanent employee other than Child Protection Workers will give at least two (2) weeks' notice in writing, unless there are exceptional circumstances, in which case the Executive Director may, at their option, accept a written notice of termination that is less than two (2) weeks. The Executive Director may, at their option, make payment in lieu of all or part of such notice being worked out. (c) Any part of a vacation period shall not be considered part of the notice to the Society as mentioned in paragraphs (a) and (b) of this section. (d) Any employee still on probation may terminate employment with one (1) week's notice in writing.
Termination/Retirement. Lay-off; Redundancy; Resignation; Severance 20 Re-engagement after Retirement 20 Long Service Awards 20 Staff Meals 20 Traveling on Duty 21 Out of Station Allowance 21 Medical Treatment 21 Acting Allowance 22 Social Security Fund 22 Certificate of Service Bonus. Dispute Resolution Pandemic or Epidemic or Calamity Situation Section 55. Section. 56 Section. 57. Salary Review Migrant Workers Governing Law THE COMPANY/ORGANIZATION This Collective Bargaining Agreement made on this......... day of , 20…….
Termination/Retirement. Age or retirement whichever comes earlier The cost will be shared between the Company and the employees on an basis with the employee’s contribution payable by payroll deduction. Subject to the eligibility and entitlement provisions of the plan document, all employees will contribute except who provide proof of coverage under another dental plan. Payments with respect to dental claims will only be paid to the employees i.e. cannot be assigned a dentist. The company will pay vision care costs for employees and their dependents as follows: Vision Care Coinsurance Overall months Overall months months months Eye exams /year /year Due to Layoff: Employees‘ life insurance, accidental death and dismemberment, major medical, supplemental hospital (including drug plan) and continue until the last day of the third month following the date of layoff. Should an employee be recalled after the benefit period expires, then payment for premiums is restored immediately. However, should an employee be in arrears on dental premiums or coverage, such arrears (subject to approval of will be deducted from an employee’s Due to Disability: Employees' life insurance, accidental death and dismemberment, major medical, supplemental hospital (including drug plan) and will continue until the last day of the month in which the employee ceases to become eligible for Weekly Indemnity Benefits, or in the case of Workers' Compensation, as required by the Workplace Safety and Insurance Act. However, should an employee be in arrears on dental premiums or coverage, such arrears will be deducted from an employee's pay. of If you leave the Company, all insurance will be terminated. However, you may convert your Group Life Insurance to any of the regular policies (Term Insurance excepted) issued by the Insurance Company, without a medical examination. However, you must make application for conversion within days of the date of termination of employment. Should death occur during this day period following termination of employment, the life insurance will be paid to your bene a Employees will join the and cease to belong in accordance with the Ontario Law. The Company will contribute of the premium commencing with payment due on the first day of the month following the month in which the employee completes probationary period.
Termination/Retirement. Upon termination or retirement, ▇▇▇▇ Chief will be paid his accrued and unused vacation leave.
Termination/Retirement. ‌ Bargaining Unit employees will not be paid for accumulated sick leave or disability sick leave upon termination or retirement.