Termination Leave definition

Termination Leave means the period commencing on the Effective Date and ending on the Termination Date.
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Termination Leave means annual leave which was deferred during the year earned to be used in a subsequent year to extend an employee’s termination date or for payment in a lump sum upon termination.
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Examples of Termination Leave in a sentence

  • Do not include Termination Leave costs for federally supported staff charged to Program 97, Activity 13 or 14, as they are already included in the indirect calculation.

  • Termination Leave costs for federally supported staff which have been charged to a state or local program.

  • All accrued regular and extended vacation entitlement, including pro-rated regular and, if applicable, extended entitlement to the Termination Date, will be paid to the Executive at the commencement of the Termination Leave.

  • Such payment will be either a lump sum or a combination of terminal leave and lump sum payment.Employee will fill out the Termination Leave Option Form.

  • Effective April 1, 2014, by City ordinance, 84 percent of the income tax proceeds were credited to the General Fund, 15 percent of the income tax proceeds were credited to the Capital Improvements Capital Projects Fund, and 1 percent of the income tax proceeds were credited to the Termination Leave Payment Special Revenue Fund.

  • Resignation, Termination, Leave of Absence or Death Generally, if an RSU Plan Recipient’s employment or service is terminated, or if the RSU Plan Recipient resigns from employment with the Issuer, then any RSUs credited to him or her under the RSU Plan which have not vested on or before the separation date for the RSU Plan Recipient are forfeited, cancelled and terminated without payment.

  • To use terminal leave the employee must fill out the Termination Leave Option Form.In the case of death of a current employee, payment for University service will be made up to, and including, the complete workday on the date of death.H. EMPLOYMENT RECORD‌Each benefited employee shall have an official employment record in the form of a personnel file.

  • EXCEPTIONS: Severe illness or death in immediate family.3. Failure to meet the schedule you committed to, whether by tardiness or absences, and not calling, not submitting time request off forms, will result in:1st offense Warning2nd offense 1 Day Suspension3rd offense 3 Day Suspension4th offense 5 Day Suspension5th offense Termination Leave of Absence Policy:A leave of absence (LOA) is a temporary interruption in a student’s course.

  • Resignation, Termination, Leave of Absence or Death Generally, if a Recipient's employment or service is terminated, or if the Recipient resigns from employment with the Company, then any RSUs credited to him or her under the RSU Plan which have not vested on or before the separation date for the Recipient are forfeited, cancelled and terminated without payment.In the event a Recipient is terminated without cause, unvested RSUs will immediately vest on the date of termination.

  • By my signature on the Request for Termination, Leave of Absence or Retirement form (second page of this packet), I acknowledge that I have received information concerning termination of my employment and that I am aware of my responsibility in following the procedures related to termination of my employment with Carrollton-Farmers Branch Independent School District.

Related to Termination Leave

  • Disability Termination means termination by the Company of the Executive’s employment by reason of the Executive’s incapacitation due to disability. The Executive will be deemed to be incapacitated due to disability if at the end of any month the Executive is unable to perform substantially all of the Executive’s duties under this Agreement in the normal and regular manner due to illness, injury or mental or physical incapacity, and has been unable so to perform for either (i) three consecutive full calendar months then ending, or (ii) 90 or more of the normal working days during the 12 consecutive full calendar months then ending. Nothing in this paragraph alters the Company’s obligations under applicable law, which may, in certain circumstances, result in the suspension or alteration of the foregoing time periods.

  • adoption leave means a period of absence from work on ordinary or additional adoption leave by virtue of section 75A or 75B of the Employment Rights Act 1996;

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Approved Leave of Absence means a leave of absence that has been approved by the applicable Participating Company in such a manner as the Board may determine from time to time.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • leave means authorized absence from duty by an employee during his or her regular or normal hours of work;

  • Lease Termination Date means the last day of the Lease Term.

  • paternity leave means a period of absence from work on leave by virtue of section 80A or 80B of the Employment Rights Act 1996;

  • Disability retirement for plan 1 members, means the period

  • maternity or paternity leave of absence means, for Plan Years beginning after December 31, 1984, an absence from work for any period by reason of the Employee's pregnancy, birth of the Employee's child, placement of a child with the Employee in connection with the adoption of such child, or any absence for the purpose of caring for such child for a period immediately following such birth or placement. For this purpose, Hours of Service shall be credited for the computation period in which the absence from work begins, only if credit therefore is necessary to prevent the Employee from incurring a 1-Year Break in Service, or, in any other case, in the immediately following computation period. The Hours of Service credited for a "maternity or paternity leave of absence" shall be those which would normally have been credited but for such absence, or, in any case in which the Administrator is unable to determine such hours normally credited, eight (8) Hours of Service per day. The total Hours of Service required to be credited for a "maternity or paternity leave of absence" shall not exceed 501.

  • Paid leave means time away from work by an employee for which the employee receives compensation, and is limited to sick time, vacation time, compensatory time and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these same purposes. "Paid leave" does not include paid short-term or long-term disability, catastrophic leave or similar types of benefits.[PL 2005, c. 455, §1 (NEW).]

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • 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.

  • Bereavement Leave means "a leave of absence granted to an employee upon a death occurring in the employee's Immediate Family.”

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Leave of Absence means absent from work with permission.