Employee Separation Plan definition

Employee Separation Plan means the Pfizer Employee Separation Plan, effective as of June 1997.
Sample 1

Examples of Employee Separation Plan in a sentence

  • Key Employee Separation Plan is to assist the Company to retain the services of key employees by providing eligible employees of the Company and its Affiliates with certain severance and welfare benefits in the event their employment is involuntarily terminated (or constructively terminated).

  • Foster Company Key Employee Separation Plan is to assist the Company to retain the services of key employees by providing eligible employees of the Company and its Affiliates with certain severance and welfare benefits in the event their employment is involuntarily terminated (or constructively terminated) in connection with a Change in Control.

  • The PSUs shall, subject to the terms of the Company’s Key Employee Separation Plan, as applicable, be immediately forfeited in their entirety without any delivery of Common Shares or other payment to the Participant upon a termination of Participant’s employment or service with the Company or any Affiliate or Subsidiary for any reason on or prior to the Vesting Date.

  • Key Employee Separation Plan, whether or not the Participant is a participant in such Key Employee Separation Plan.

  • The purpose of The Sherwin-Williams Company Key Employee Separation Plan is to assist the Company to retain the services of key employees by providing eligible employees of the Company and its Affiliates with certain severance and welfare benefits in the event their employment is involuntarily terminated.

  • On April 19, 2011, the Union submitted a Motion to Supplement the Record with Union Exhibit #48, a memorandum from the Village Manager regarding Employee Separation Plan Payouts dated March 31, 2011 along with a draft resolution authorizing payments of separation incentives in the amount of $244,041 to ten employees who applied for a voluntary separation incentive and an eleventh employee who was leaving the Village due to outsourcing of his job functions.

  • For the avoidance of doubt, Employee shall not be a participant in Employer’s Key Employee Separation Plan, and Employee shall not be entitled to any severance or similar benefits in connection with a termination of his employment except as set forth in this Agreement.

  • CUSF also discussed the proposed Tuition Remission Amendments, the Voluntary Employee Separation Plan proposal, and the creation of tuition remission for adjunct faculty.

  • All unvested RSUs shall be immediately forfeited upon a termination of Participant’s employment or service with the Company for any reason, except as otherwise provided in the Company’s Key Employee Separation Plan (the “KESP”), if applicable to the Participant.

  • Eusebius records Papias’ comments on this Gospel, who stated that Matthew was the author.

Related to Employee Separation Plan

  • Separation Plan means the Company’s Separation Plan Amended and Restated Effective August 13, 2006, as may be amended from time to time or any successor plan, program, arrangement or agreement thereto.

  • Severance Plan means any severance plan maintained by the Company that is applicable to the Participant.

  • Executive Severance Plan means the Company’s Senior Executive Employee Severance Pay Plan, as in effect from time to time.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Company Employee Agreement means each management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract between the Company or any Company Affiliate and any Company Employee, other than any such management, employment, severance, consulting, relocation, repatriation or expatriation agreement or other Contract with a Company Employee which is terminable “at will” without any obligation on the part of the Company or any Company Affiliate to make any payments or provide any benefits in connection with such termination.

  • Source separation means the separation of different kinds of solid waste at the place where the waste originates.

  • New Employer means, after a Change in Control, a Participant’s employer, or any direct or indirect parent or any direct or indirect majority-owned subsidiary of such employer.

  • Transition Plan means a transition plan, acceptable to the LHIN that indicates how the needs of the HSP’s clients will be met following the termination of this Agreement and how the transition of the clients to new service providers will be effected in a timely manner; and

  • Health benefits plan means a benefits plan which pays or

  • Active Employment means you must be actively at work for the Sponsor:

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Master Separation Agreement has the meaning set forth in the recitals.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Company Employee means an employee of the Company or any of its Subsidiaries.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Air gap separation means the unobstructed vertical distance through the free atmosphere between the lowest opening from any pipe or faucet supplying water to a tank, plumbing fixture, or other device and the flood level rim of the receptacle.

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Compensation Plan means any program, plan or similar arrangement (other than employment contracts for a single individual) relating generally to compensation, pension, employment or similar arrangements with respect to which any Company, any Affiliate of any Company or any ERISA Affiliate of any of them has any obligation or liability, contingent or otherwise, under any Requirement of Law other than that of the United States.

  • Post-Employment Period shall have the meaning set forth in Article 8.

  • Hourly employee means an employee who is compensated on an hourly basis for each hour of work performed, including time worked beyond 40 hours in a workweek.

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Separation means a “separation from service,” as defined in the regulations under Section 409A of the Code.

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.