Employment Requirement definition

Employment Requirement means the continuous employment of the Executive by the Company or a subsidiary on and after the Date of Grant through the date specified.
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Employment Requirement and “Employment Requirements” means as described in Section 4.3.C.
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Employment Requirement means Executive’s continuous employment by Bank for a period of five (5) years from the date of this Agreement. Said restricted shares will be distributed within forty-five (45) days of Executive meeting the Employment Requirement. Should the Executive not meet the Employment Requirement, the restricted stock shall revert back to the Bank and be cancelled.
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Examples of Employment Requirement in a sentence

  • The Committee, in its absolute discretion, may waive the Employment Requirement with respect to all or any portion of the Performance Units at any time.

  • Replace existing conservatory and extension with flat roofed single storey rear extension.

  • Any awards made in connection with a waiver of the Active Employment Requirement shall be prorated as determined by the Company in its sole discretion.

  • Lapsed Status means the credential is expired, and the individual no longer holds the credential.Source: Section 41-4-7 of the Mississippi Code of 1972, Annotated Rule 16.7 Renewal Employment Requirement - (CMHT/LCMHT, CIDDT/LCIDDT, CAT/LCAT, CCSS/CCSS-II and LA) A.

  • RENTAL PROCEDURES‌307.1 In cases where rental of Town Constructed Housing Units is allowed through the Exception Procedure in Section 109.2 the Rental Procedures contained in Section 107 shall apply.307.2 Room Rentals in Owner Occupied Units – Tenants occupying rooms or portions of Town Constructed Ownership Units must be Qualified by THA and shall meet the Employment Requirement and Income and Asset limits applicable to the Housing Unit.

  • Applicants not meeting the Employment Requirement pursuant to Section103.2B.1, Section 103.2B.2 and/or Section 103.2C must receive an Exception.

  • In all cases where rental of a room in a Housing Unit occurs, the roommate must meet the Employment Requirement 103.2.B. Verification of qualification shall be determined by THA.

  • In addition to meeting the above requirements, registered mechanics are eligible to apply only after 12 years of steady mechanic employment or after 15 years of service (pursuant to the November 23, 2002 Letter of Understanding Mechanic Employment Requirement).

  • In its sole discretion, the Company may waive the Active Employment Requirement in any case it deems appropriate, so long as the eligible employee remained so employed (as an eligible employee) for a minimum of three consecutive months during the Plan Year.

  • In addition to meeting the above requirements, registered mechanics are eligible to apply only after 12 years of steady mechanic employment or after 15 years of service (pursuant to the Letter of Understanding Mechanic Employment Requirement, dated November 23, 2002).


More Definitions of Employment Requirement

Employment Requirement means the requirement under the Savings Plan that an employee complete a year of Continuous Employment in order to receive Matching Contributions. 2.16 "Fixed Income Balance" means an Employee's Fixed Income Balance in such person's Savings Account determined pursuant to Section 6.2.
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Related to Employment Requirement

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Covered Employment means employment in a covered position.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Basic Conditions of Employment Act means the Basic Conditions of Employment Act, 1997 (Act No. 75 of 1997);

  • Retention Period has the meaning set forth in Section 6.02.

  • Specific learning disability (SLD) means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia.

  • Vesting Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his vested interest in his Employer Contributions Sub-Account, if Employer Contributions are provided for under either Article VI or Article XXII.

  • specific learning disabilities means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia;

  • Severance Term means the six (6) month period following Employee’s termination by the Company without Just Cause (other than by reason of death or Disability) or by Employee for Good Reason; provided, that if such termination occurs within twelve (12) months following a Change in Control, the Severance Term shall be the twelve (12) month period following such termination.

  • Recurrent Disability means a Disability caused by an Injury or Sickness that is the same as, or related to, the cause of a prior Disability for which Monthly Benefits were payable. A Recurrent Disability will be treated as follows.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

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

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Mental health condition means a condition defined to be

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Part-time employment means any employment or combination of one or more employments in a civil division in which an individual works fifty percent or less of the time prescribed as the standard work week by the governing body or other appropriate authority of the civil division or where the employee earns not more than one-half (1/2) of the rate assigned to the position if the position has been allocated to a graded salary schedule.

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Seasonal employment means the employment of 1 or more individuals primarily hired to perform services during regularly recurring periods of 26 weeks or less in any 52-week period other than services in the construction industry.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.