Employed shall have their correlative meanings. The Committee in its sole discretion may determine (i) whether and when a Grantee’s leave of absence results in a termination of Employment (for this purpose, unless the Committee determines otherwise, a Grantee shall be treated as terminating Employment with the Firm upon the occurrence of an Extended Absence), (ii) whether and when a change in a Grantee’s association with the Firm results in a termination of Employment and (iii) the impact, if any, of any such leave of absence or change in association on Awards theretofore made. Unless expressly provided otherwise, any references in the Plan or any Award Agreement to a Grantee’s Employment being terminated shall include both voluntary and involuntary terminations.
Employed or "employee" means a person who is providing
Employed means, with respect to a Participant, that:
Examples of Employed in a sentence
Permanent employees shall be entitled to receive a retirement benefit for unused sick leave based upon the following schedule: Calendar Years Employed by the Borough Percent of Accumulated Unused Sick Leave, But not to exceed Maximum in Next Column Maximum Sick Leave Retirement Benefit 10 years 30% $5,000 15 years 60% $7,500 20 years 60% $12,500 25 years 60% $20,000 The above retirement benefit shall be prorated for last year of employment.
More Definitions of Employed
Employed includes activities as an owner, proprietor, employee, agent, solicitor, partner, member, manager, principal, shareholder (owning more than 1% of the outstanding stock), consultant, officer, director or independent contractor.
Employed or “Employment” means employment by the Company or any of its Affiliates as an employee or the performance of services (whether as employee, consultant, director or member or other service provider) to the Company.
Employed or "carries on a vocation" means employment that is full-time or part-time for a period of time exceeding fourteen days, or for an aggregate period of time exceeding thirty days during any calendar year. A person is employed or carries on a vocation whether the person's employment is financially compensated, volunteered, or for the purpose of government or educational benefit.
Employed means engaged under a contract of service or apprenticeship or in an employment in respect of which contributions are payable under regulations made under section 77;
Employed shall have correlative meanings.
Employed means employed under a contract of service or of apprenticeship or a contract personally to execute any work or labour, and related expressions shall be construed accordingly;