Early Leaver definition

Early Leaver means the termination of a POM Founder’s (or, as the case may be, a respective POM Founder’s management company’s) service agreement or employment agreement with the Company upon initiative of such POM Founder for any reason other than (a) Good Leaver or Bad Leaver, or (b) an Acceleration Event;
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Early Leaver means a person whose Pensionable Employment ends before Normal Retirement Date and is entitled to a pension from the Scheme which has not started. It excludes a Member and a Pensioner.
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Examples of Early Leaver in a sentence

  • The amount paid for any Class A Common Units and Attributable Class A Common Units purchased pursuant to a Principal Early Leaver Put shall be the applicable Principal Purchase Price.

  • If the Provider Portal has closed an Early Leaver Form should be completed and emailed to the FIS team.

  • A portion of such POM Founder’s unvested Pro Rata Portion of the Earn-out Amount will be paid to such POM Founder upon achievement of the respective Milestones or any of its sub-parameters, calculated pro rata temporis the time of the occurrence of the Early Leaver scenario in relation to a period of two (2) years.

  • The portion of the Earn-out Amount that is forfeited by the POM Founder leaving as an Early Leaver pursuant to Section 7.2(b)ii, will be allocated to the other remaining active POM Founders (on a pro rata basis vis-à-vis each other) and the Purchaser on the basis of a fifty-fifty (50-50) ratio.

  • A pension which is paid under either Rule 65.1(a) or Rule 70.2(b) due to the Incapacity of the Active Member or Early Leaver (as applicable) may be reviewed by the Trustees every three (3) years after the date his pension starts to be paid or such other period as the Trustees determine.