Garden Leave definition

Garden Leave means any period during any notice period where Employer requires the Participant to remain available to respond to questions and requests from the Employer, but not to enter into the office(s) of the Restricted Group without the prior written consent of Employer.
Garden Leave means any period in respect of which the Company has exercised its rights under clause 16.1;
Garden Leave means any period during which the Employer exercises its rights under clause 16;

Examples of Garden Leave in a sentence

  • I acknowledge that, in support of my agreement to the non-competition provision in Section 6, Company has provided or will provide to me (as applicable) with Mutually Agreed Upon Consideration, or in the alternative, Garden Leave Payments, each as defined and detailed below.

  • I agree that upon a request from Company, I will provide Company with proof of my new wage rate or salary through subsequent employment for the purposes of calculating Garden Leave Payments, which may be adjusted from payment to payment based on the information I provide to Company.

  • Notwithstanding anything to the contrary above, Company may enforce the covenants in Section 6 without providing the Garden Leave Payments, if applicable, if it determines in good faith that I breached Section 6 or unlawfully misappropriated Company’s physical or electronic property.


More Definitions of Garden Leave

Garden Leave means an absence from active service at the request of an employer during a statutory or contractual notice period preceding termination of employment.
Garden Leave means any period during which the Company has exercised its rights under clause 22;
Garden Leave means any period in respect of which the Company has exercised its rights under clause 26.1;
Garden Leave means a provision in a noncompete agreement
Garden Leave means any period in respect of which Aspen Holdings or the Company has exercised its rights under clause 16.1;
Garden Leave means any period of suspension or complete exclusion as described in clause 16.
Garden Leave means the Company’s right to place the Executive on Garden Leave during the Notice Period. The Company reserves its right during Garden Leave to: (a) cease to vest in, or assign to Executive, any powers or duties or to provide any work to the Executive; (b) change the Executive’s designation or duties as the Company decides appropriate; (c) prevent Executive from contacting or communicating with any current, former or proposed clients, customers, employees, or vendors of the Company; (d) exclude Executive from the premises of the Company; and/or (e) announce to employees, clients, customers, vendors and other relevant persons of the Company that Executive has been given notice of termination or that the Executive has resigned. During the Garden Leave, Executive shall continue to be employed by the Company and shall be paid salary and other applicable benefits including the continued vesting of previously issued grants pursuant to the Executive’s Stock Compensation. Executive shall be required to the duties of confidentiality and good faith shall continue to apply, together with all of the obligations contained in this Agreement.