Re-employment A regular employee who resigns their position and within 90 days is re-employed as a regular employee shall be granted leave of absence without pay covering those days absent and shall retain, effective the date of re-employment, all provisions and rights in relation to seniority and other fringe benefits, provided they have not withdrawn their superannuation contributions.
Period of Employment The “Period of Employment” shall be a period of two (2) years commencing on the Effective Date and ending at the close of business on the second (2nd) anniversary of the Effective Date; provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on each anniversary of the Effective Date (commencing with the second anniversary of the Effective Date), unless either party gives notice, in accordance with subsection 11.2 hereof, at least ninety (90) days prior to such anniversary, that the Period of Employment shall not be extended (or further extended, as the case may be) (any such notice, a “Nonrenewal Notice”). However, in the event that the annual payout amounts under the Incentive Plan (as defined below) and/or the Program (as defined below) for the plan year immediately prior to the expiration of the Period of Employment have not been paid upon the expiration of the Period of Employment following the delivery of a Nonrenewal Notice, the Period of Employment shall be extended until such amounts are paid out under the Incentive Plan or Program, as applicable. Further, in the event that a Change in Control (as defined below) occurs at any time during the Period of Employment, then, notwithstanding anything to the contrary herein, the Period of Employment shall extend for an additional year and ninety (90) days from the date of the Change in Control, provided such extension serves to lengthen the Period of Employment that would otherwise have been in place. The term “Period of Employment” shall include any extension thereof pursuant to the three preceding sentences. Provision of a Nonrenewal Notice shall not be a breach of this Agreement and shall not constitute either a termination by the Company without “Cause” or resignation by the Executive for “Good Reason” (each, as defined herein). Upon the expiration of the Period of Employment following the delivery of a Nonrenewal Notice, this Agreement, including the provisions of Section 10 (“Survival of Provisions”), will no longer be in effect. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided in Section 8 of this Agreement.
The Employer This Agreement shall inure to the benefit of and be binding upon the Employer and its successors and assigns. The Bancorp and the Bank will each require any successor to it (whether direct or indirect, by stock or asset purchase, merger, consolidation or otherwise) or to all or substantially all of its business or assets to assume expressly and agree to perform this Agreement in the same manner and to the same extent it would be required to perform it if no such succession had taken place.
End of Employment Your employment with the Company ended effective at the close of business on [Date]. Upon your receipt of your final paycheck, which includes payment for services through [Date], you will have received all wages, compensation and benefits owed to you by virtue of your employment with the Company or termination thereof. If applicable, information regarding your right to elect COBRA coverage will be sent to you via separate letter. You are not eligible for any other payments or benefits by virtue of your employment with the Company or termination thereof except for those expressly described in this Agreement. You will not receive the separation pay and benefits described in Section 2 of this Agreement if you (i) do not sign this Agreement and return it to the Company by the Offer Expiration, (ii) rescind this Agreement after signing it, or (iii) violate any of the terms and conditions set forth in this Agreement.
Re-employment List An employee who is reduced in position, or who is laid off by reason of a reduction in force accomplished pursuant to this Section, shall automatically have his/her name placed on a re- employment list for the position which he/she formerly held. The ranking of names upon such re- employment list shall be in accordance with the employee’s length of service with the City in that position. Such re-employment lists shall have priority for a period of two (2) years over any other eligibility list for such affected position, providing, however, that employees not reinstated within six (6) months after being laid off must pass a pre-employment physical examination prior to reinstatement.
HOURS OF EMPLOYMENT Engineer shall comply with all applicable state and federal laws regarding employment.
Outside Employment Employees may engage in other employment outside of their State working hours so long as the outside employment does not involve a conflict of interest with their State employment. Whenever it appears that any such outside employment might constitute a conflict of interest, the employee is expected to consult with his/her appointing authority or other appropriate agency representative prior to engaging in such outside employment. Employees of agencies where there are established procedures concerning outside employment for the purpose of insuring compliance with specific statutory restrictions on outside employment are expected to comply with such procedures.