Voluntary Separation From Employment Sample Clauses

Voluntary Separation From Employment. Any employee who is absent without notification to the Department Director or other designated authority, for two (2) consecutive work shifts, shall be considered a voluntary separation from employment unless the failure to report, as determined by the City, is due to extenuating circumstances beyond the control of the employee. An employee will be considered to be absent without notification pursuant to this Section, if notification is not provided prior to the commencement of the second consecutive shift.
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Voluntary Separation From Employment. The Faculty Member shall voluntarily separate from employment with the University and forfeit all rights associated with that employment, including all tenure rights, on June 30, 2020 if the Faculty Member holds a year-round, twelve-month appointment or on August 15, 2020 if the Faculty Member holds a nine-month, academic year appointment, whichever date is applicable (“Separation Date”). The Faculty Member expressly acknowledges and agrees that the decision to participate in the VSIP and to resign from employment with the University is being made voluntarily, without coercion, and is based on the Faculty Member’s own determination that this decision is in the Faculty Member’s own best interests. Prior to the Separation Date, the Faculty Member shall continue to serve and perform all expected duties as a faculty member and shall continue to be compensated and remain eligible for University benefits. Upon separation, unless otherwise agreed to in advance by the University as part of a grant of emeritus status, the Faculty Member shall promptly return to the University all property belonging to the University that is in the Faculty Member’s possession or control, including without limitation all keys, identification cards, credit cards, computers or other electronics, documents and confidential information. Following the Separation Date, the University shall pay the Faculty Member any accrued, but unused vacation and floating holiday pay to which the Faculty Member may be entitled under University policy. The Faculty Member shall not be entitled to any further compensation from the University following the Separation Date other than that specified within this Agreement and shall be eligible to participate in the University’s benefits plans only to the extent permitted under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) or under the University of Nebraska’s retiree insurance program. If the Faculty Member elects COBRA coverage, the Faculty Member will be solely responsible for the timely payment of all applicable premiums to ensure continued coverage. Information regarding COBRA coverage can be obtained through the following websites: xxxxx://xxxxxxxx.xxx/docs/benefits/COBRAInitialNotice.pdf xxxxx://xxxxxxxx.xxx/docs/benefits/COBRA_Premiums.pdf Following separation from employment, the Faculty Member shall continue to adhere to the terms of any confidentiality or nondisclosure agreements or obligations to which the Faculty Member may be a party...
Voluntary Separation From Employment. I understand that my last day of employment with WKU shall be June 30, 2021, “the Effective Date.” I acknowledge and agree that I have decided to voluntarily separate my employment, having made such decision of my own free will, having researched and evaluated the advantages and disadvantages and having a period of at least forty-five (45) calendar days (the “Offer Period”) to consider my decision and its implications.
Voluntary Separation From Employment. The parties hereby agree that Executive has been an employee at-will of the Company and that his employment Term (as defined in Paragraph 2 of the Employment Agreement) shall be deemed to have been voluntarily terminated by Executive without Good Reason, as of the Effective Date, pursuant to Paragraph 5.5 of the Employment Agreement. The parties hereby mutually agree to waive any written notice requirements, and Executive agrees to waive the right to any payment under Paragraph 5.5 of the Employment Agreement, whether for the value of the benefits in the notice period or otherwise. After the Effective Date, Executive will not represent himself as being an employee, officer, or attorney of the Company for any purpose. Executive agrees to execute any and all additional documents and take such further steps as may be required to effectuate the resignations described herein. The Effective Date will be the employment termination date for Executive for all purposes, meaning Executive will no longer be entitled to any further compensation, monies or other benefits from the Company, including a monthly car allowance or coverage under benefit plans or programs sponsored by the Company; provided, however, that Executive will be eligible pursuant to COBRA to continue any health insurance plan that he participated in as of the Effective Date, at his own expense, as required by law. Executive will be provided further information with respect to COBRA benefits and eligibility under separate cover.
Voluntary Separation From Employment. The parties agree Employee shall be considered to have voluntarily resigned her employment and position as an officer of Tekelec effective as of the Termination Date. Tekelec will pay Employee her final wages earned through the Termination Date and any accrued but unpaid vacation and sick pay remaining as of the Termination Date on or before the next regularly scheduled payroll date from the Termination Date.

Related to Voluntary Separation From Employment

  • Separation from Employment Employees who leave the District with a vacation balance shall have their vacation balance cashed out. If vacation is loaded on July 1st, the vacation balance shall be pro-rated prior to cash out.

  • Separation from Service A termination of employment shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination also constitutes a “Separation from Service” within the meaning of Section 409A and, for purposes of any such provision of this Agreement, references to a “termination,” “termination of employment,” “separation from service” or like terms shall mean Separation from Service.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • INCOME FROM EMPLOYMENT 1. Subject to the provisions of Articles 15, 17 and 18, salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State.

  • Termination of Employment Severance Your immediate supervisor or the Company's Board of Directors may terminate your employment, with or without cause, at any time by giving you written notice of your termination, such termination of employment to be effective on the date specified in the notice. You also may terminate your employment with the Company at any time. The effective date of termination (the "Effective Date") shall be the last day of your employment with the Company, as specified in a notice by you, or if you are terminated by the Company, the date that is specified by the Company in its notice to you. The following subsections set forth your rights to severance in the event of the termination of your employment in certain circumstances by either the Company or you. Section 5 also sets forth certain restrictions on your activities if your employment with the Company is terminated, whether by the Company or you. That section shall survive any termination of this Agreement or your employment with the Company.

  • Disability Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Exercise After Termination of Employment (A) Except as otherwise provided in this Agreement, the OPTION shall be exercisable only while the OPTIONEE is in the employment of the COMPANY and then only if the OPTION has become exercisable by its terms, and if not exercisable by its terms at the time the OPTIONEE ceases to be in the employment of the COMPANY, shall immediately expire on the date of termination of employment.

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