Employee Initials definition

Employee Initials. R E M I N D E R ===============
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Employee Initials. PENSION PLAN Your rights under the Pension Plan will be determined based on your age, years of plan participation, and final average salary on your Termination Date. Therefore, you will receive service credit during your Payroll Continuation Period and this service will count towards the computation of your pension benefit. You will be eligible for an immediate pension benefit commencing as of the first day of the month coincident with or next following your Termination Date if either of the following applies: on your Termination Date you are at least age 55; or on your Termination Date the sum of your age and years of continuous service is at least 80. Payment of your pension benefit cannot begin before your Payroll Continuation Period ends. LIFE INSURANCE If you have not waived your coverage, your non-contributory life insurance (equal to your annual base salary rate on your Release Date) will continue during your payroll continuation period. If you waived your life insurance coverage before your Release Date, you will continue to receive the credit for waiving that coverage through your Payroll Continuation Period. You will not be allowed to reinstate your non-contributory coverage should an annual enrollment occur during your Payroll Continuation Period. If you are in this situation, you will not be eligible for group life coverage as a retiree. The level of your contributory life coverage in effect on your Release Date will also continue during your payroll continuation period at the contribution rate for active employees of your age. You will not be allowed to increase the level of your contributory life coverage. If you did not have contributory life coverage before your Release Date you will not be allowed to elect any such coverage after your Release Date. The level of any spouse and dependent child life insurance coverage you had on your Release Date will also continue during your payroll continuation period at the contribution rate for active employees of your age. You will not be allowed to increase the level of such spouse or dependent child life insurance coverage. You also will not be able to add any spouse or dependent child life coverage after your Release Date if you did not have that coverage before your Release Date. You also have accidental death and dismemberment insurance equal to the amount of non-contributory and contributory life insurance during your payroll continuation period. If you want to decrease or cancel your contributory...
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Employee Initials. Employee understands and agrees that Employee has been given through November 27, 2002 (the "Review Period"), which is at least twenty-one (21) days, to review and consider the General Release contained in this Agreement. Employee understands that Employee may use as much or as little of the Review Period as Employee wishes to prior to reaching a decision regarding the signing of this Agreement. However, Employee acknowledges that under no circumstances may Employee sign and date this Agreement Release prior to his Termination Date. Accordingly, Employee understands that if Employee does not sign, date, and return this Agreement during that portion of the Review Period falling after Employee's Termination Date and prior to the expiration of the Review Period, the Agreement and General Release will not be valid and Employee will not receive the special severance benefits under the terms of this special severance offer.
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Examples of Employee Initials in a sentence

  • Execution of this Agreement and compliance with this Agreement shall not be considered as an admission by NSM of any liability whatsoever, or as an admission by NSM of: Waiver and Release Agreement Employee Initials ____ any violation of the rights of Employee or of any other person; a violation of any order, law, statute or duty; a breach of any contract; or an act of discrimination whatsoever against Employee or any other person.

  • This Agreement contains the entire understanding and agreement between the parties with respect to the matters set forth herein; supersedes any other agreements between the parties hereto concerning the subject matter hereof, oral or written, and may Waiver and Release Agreement Employee Initials ____ not be amended, supplemented, changed, or modified in any manner, orally, or otherwise, except by an instrument in writing, executed by all parties hereto.

  • Executive shall be deemed Disabled if Executive is unable for medical reasons to perform Executive’s essential job duties for either ninety (90) consecutive calendar days or one hundred twenty (120) business days in a twelve (12) month period and, within thirty (30) days after a notice of termination is given to Executive, Executive Employee Initials: /s/ MHT Employer’s Initials: /s/ JDB has not returned to work.

  • Employee Initials: /s/ MHT Employer’s Initials: /s/ JDB Beginning January 1, 2014, Executive will have the opportunity to purchase up to $1,000,000 of the Company’s series H preferred shares (the “Preferred Stock”) at a price per share equal to Euro 1.05, subject to the execution of the applicable Shareholder’s Agreement and any other applicable documents requested by the Company, provided that, such purchase must be completed no later than December 31, 2014.

  • Any Annual Bonus earned by Executive will be paid within two-and-one-half Employee Initials: /s/ MHT Employer’s Initials: /s/ JDB months of the end of the year in which it was earned.

  • The following are the working hours agreed to by the employee and the supervisor: Employee Initials Supervisor Initials Terms: • Employee must work all hours (37.5 hours per week) on regular work days (Monday through Friday).

  • Employee acknowledges that Employee has been Employee Initials _____ advised of Employee’s right to consult with legal counsel prior to signing this Agreement, and that Employee has had a full and adequate opportunity to do so.

  • Employee Initials Employee is entitled to an initial cash bonus of $50,000 payable within 90 days after the close of the trailing three months wherein the Company achieved an operating cash flow under generally accepted accounting principles (after accounting for all bonuses) of no less than $150,000.

  • Such cooperation includes, but is not limited to, providing information and documentation as requested, and responding JRW Employee Initials Retention, Severance, and Release Agreement 6 to reasonable requests from and working with the Company and/or its attorneys in the defense of the litigation, claim, or other administrative proceeding.

  • This Agreement contains the entire understanding and agreement between the parties with respect to the matters set forth herein; supersedes any other agreements between the parties hereto concerning the subject matter hereof, oral or written, and may Waiver and Release Agreement Employee Initials _______ not be amended, supplemented, changed, or modified in any manner, orally, or otherwise, except by an instrument in writing, executed by all parties hereto.


More Definitions of Employee Initials

Employee Initials. Employee understands and agrees that, effective as of his Release Date, he is no longer authorized to incur any expenses or obligations or liabilities on behalf of the Company. However, Ashland may, from time to time during the Payroll Continuation Period (as defined in Attachment I), request Employee to perform services of the nature and type he performed during his service with Ashland, and Employee will be responsive on a reasonable basis to the requests of Ashland.
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Employee Initials. Rating Supervisor Initials: FE Page 1
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Related to Employee Initials

  • Employee Information means for each Divestiture Clinic Employee, to the extent permitted by law, the following information summarizing the employment history of each employee that includes:

  • Employee Invention means any idea, invention, technique, modification, process, or improvement (whether patentable or not), any industrial design (whether registerable or not), any mask work, however fixed or encoded, that is suitable to be fixed, embedded or programmed in a semiconductor product (whether recordable or not), and any work of authorship (whether or not copyright protection may be obtained for it) created, conceived, or developed by the Executive, either solely or in conjunction with others, during the Employment Period, or a period that includes a portion of the Employment Period, that relates in any reasonable way to, or is useful in any manner in, the business then being conducted or proposed to be conducted by the Employer, and any such item created by the Executive, either solely or in conjunction with others, following termination of the Executive’s employment with the Employer, that is based upon or uses Confidential Information.

  • Employment Agreements shall have the meaning provided in Section 5.05.

  • Noncompetition Agreement has the meaning stated in Section 2.1.

  • Time Worked means time during which an employee is performing labor or services for the benefit of an employer, including all time s/he is suffered or permitted to work, whether or not required to do so.