Involuntarily definition

Involuntarily includes, with respect to a Transfer or Lien, any transaction, proceeding or action by or in which a Person is involuntarily deprived or divested of any right, title or interest in and to its applicable property, rights or interests (including any seizure under levy of attachment or execution, transfer in connection with bankruptcy or other court proceeding to a trustee or receiver or other officer or agency or any transfer to a state or to a public officer or agency pursuant to any statute pertaining to escheat or abandoned property).
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Involuntarily means coverage ended because continuation coverage was exhausted, employment terminated, work hours were reduced below an employer’s minimum requirement, the other insurance plan was discontinued, the other employer’s premium contributions toward the other insurance plan ended, or because of death of a spouse or domestic partner, divorce, or legal separation. To do so, the employee must request enrollment within 30 days after the other health insurance coverage ends (or within 60 days after the other health insurance coverage ends if the other coverage is through Medicaid or a State Children’s Health Insurance Program). Coverage will begin on the first day of the month after the other coverage ends.
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Involuntarily means the Separation from Service by a Senior Employee following one or more of the following events or conditions:
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Examples of Involuntarily in a sentence

  • If your Award includes a Performance Share Award and your employment is Involuntarily Terminated Without Cause prior to the end of the Performance Period, you may be entitled to a prorated Performance Share Award.

  • Involuntarily transferred excess educators may submit a list of schools, in preferential order, for which they wish to be considered for placement.

  • Involuntarily transferred bargaining unit members shall be entitled to use such time as previously scheduled.

  • In addition, if Employee's employment is terminated without cause (other than if Employee is Involuntarily Terminated) or if Employee's employment is terminated due to death or permanent disability, Employee will be credited with an additional twelve (12) months of service toward vesting in the Option shares in addition to the service he has accrued toward vesting through the date of termination.

  • Involuntarily transferred office professionals and paraeducators, and office professionals and paraeducators requesting a transfer to another position, shall be considered for appropriate vacancies simultaneously.

  • Involuntarily transferred or reassigned teachers will be assigned prior to filling vacancies.

  • If your Termination Date occurs because of Involuntarily Termination for Economic Reasons as determined by the Chief Executive Officer (or the Committee in the case of an Employee subject to Section 16 of the Exchange Act), the terms of Plan Section 11(b) shall apply.

  • Involuntarily transferred excess teachers may submit a list of schools, in preferential order, for which they wish to be considered for placement.

  • If Employee is Involuntarily Terminated, vesting of all options to purchase shares of the Company's Common Stock and all restricted stock grants (subject to any vesting deferrals provided in any restricted stock grant) will be accelerated in full and all such options shall remain in effect for a one (1) year period following the date of termination.

  • In the event that Employee is Involuntarily terminated by the Company during the Term of this Agreement, then the Company will pay to Employee a sum of money, IN ADDITION TO any and all severance pay and related compensation such Employee is entitled to receive under the policies in effect by the Company on the date of this Agreement, the additional amount equal to nine (9) months salary.


More Definitions of Involuntarily

Involuntarily means the Separation from Service by a Key Manager following one or more of the following events or conditions:
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