Executive Contract definition
Examples of Executive Contract in a sentence
Any dispute arising out of this Chief Executive Contract, and which cannot be solved through mediation or negotiation, will be brought before the ordinary courts.
Parent acknowledges and agrees that, notwithstanding any contrary provision of a Scheduled Executive Contract, the transaction consummated as of the Effective Time shall constitute “Good Reason” as that term is used in the contract, and no “cure period” shall be required to give effect to the severance rights of the employee to whom the Scheduled Executive Contract relates.
In addition, to the extent the Company determines, prior to the Effective Time, that a “specified employee” payment delay is warranted in order to avoid application of the excise tax under Section 409A of the Code, payment of the severance amounts under each Scheduled Executive Contract shall be delayed to the first business day after the six-month anniversary of the employee’s date of termination.
This Clause shall apply where the Executive loses rights to future payments pursuant to clauses Seventh, Eighth or Ninth of the Senior Executive Contract dated 29 April 2009 between Banco Santander, S.A. and the Executive.
Notwithstanding any term or condition of a Contract and/or this determination to the contrary, the provisions of the Act or the Police Administration Act (as applicable) relating to retirement upon the attainment of the specified retirement age, apply to a Contract and the employment of an Executive Contract Officer.
The By-laws made under the Act do not apply to an Executive Contract Officer.
All Regulations made under the Act, other than Regulation 7, apply to an Executive Contract Officer.
Employment Benefits, in accordance with paragraph 10, shall be paid by the Employer from an Executive Contract Officer's Employment Benefits Account, on a periodic or other basis, as specified in writing by an Executive Contract Officer in the approved form, having regard to the Employment Benefits being provided under paragraphs 13 - 19 as applicable.
Employee means Public Service employees of the Department of Education and Training, including employees covered by the Victorian Public Service Enterprise Agreement, the Nurses (Department of Education and Training) Agreement and Executive Officers employed under the Standard Executive Contract.
An Executive Contract Officer shall be entitled to three (3) calendar months long service leave after completion of ten (10) years continuous service plus an additional three-tenths of a month for each subsequently completed year of service.