Termination of Employment Without Fault definition

Termination of Employment Without Fault means any involuntary separation of a Participant by a Participating Employer or Non-Participating Employer other than by reason of Retirement, Disability, failure to maintain work standards, dishonesty or other misconduct prejudicial to the Participating Employer or Non-Participating Employer by which the Participant is employed, absence without prescribed notice, or refusal to return from layoff or Approved Leave of Absence within the prescribed period.
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Termination of Employment Without Fault means any involuntary separation of a Participant by the Company or a Related Employer other than by reason of Retirement, Disability, failure to maintain work standards, dishonesty or other misconduct prejudicial to the Company or Related Employer, absence without prescribed notice, or refusal to return from layoff or Approved Leave of Absence within the prescribed period; provided, however, that no temporary or seasonal employee will be immediately fully vested in his or her Account Balances solely as a result of Termination of Employment Without Fault.
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Termination of Employment Without Fault means any involuntary separation of a Participant by a Participating Employer or
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Examples of Termination of Employment Without Fault in a sentence

  • For purposes of this Section 3.03, each Participant who is an Employee of a Beam Participating Employer will be entitled to an allocation of any Profit-Sharing Contribution of the Beam Participating Employers for a Plan Year only if (1) he completed at least 1,000 Hours of Service in such Plan Year, or (2) his employment terminated due to Retirement, Disability, Termination of Employment Without Fault or death in such Plan Year.

  • The Trustee shall be directed to make payment to a Participant of all amounts held in his Kensington Money Purchase Account, which amounts are subject to the joint and survivor annuity requirements of Section 401(a)(11) of the Code and hereinafter referred to as "Section 401(a)(11) Assets", upon termination of the Participant's employment (whether by reason of Retirement, Disability, Termination of Employment Without Fault, death or other reason) in accordance with this Section 8.03.

  • Notwithstanding the foregoing, a Participant will be entitled to an allocation of any Profit-Sharing Contribution for a Plan Year if his or her employment terminated during such Plan Year due to Retirement, Disability, Termination of Employment Without Fault or death.

  • Subject to Section 7.02(c) below, if a Participant terminates employment for any reason (whether Retirement, Disability, Termination of Employment Without Fault, death or other reason), his vested Account Balances will be paid to or applied for the Participant's benefit as soon as practicable following the later of the Participant's termination of employment or receipt by the Retirement Committee or its designee of a request for payment through an Approved Form of Election.

  • Subject to Section 8.02(c) below, if a Participant terminates employment for any reason (whether Retirement, Disability, Termination of Employment Without Fault, death or other reason), his vested Account Balances will be paid to or applied for the Participant's benefit as soon as practicable following the later of the Participant's termination of employment or receipt by the Committee or its designee of a request for payment through an Approved Form of Election.

  • Notwithstanding the foregoing, a Participant will be entitled to an allocation of a Profit-Sharing Contribution for the Plan Year in which (1) his employment terminates due to death, Disability or his retirement on or after his Normal Retirement Age, (2) he is transferred to a Related Employer which is not an ACCO Participating Employer, or (3) he incurs a Termination of Employment Without Fault as a result of the closing of the ACCO USA, Inc.

  • Notwithstanding the foregoing, a Participant shall be entitled to an allocation of any Profit-Sharing Contribution for the Plan Year in which his employment terminates due to Retirement, Disability, Termination of Employment Without Fault or death.

  • And do you understand all of that and what’s going on?”P: “I understand it all, but I just let it all blow over because at the end of the day it’s only a religion and half of my mates and family are Catholic, so there’s no point fighting about that.

  • Physical Relativity: Space-time Structure from a Dynamical Perspective.

  • Subject to Section 7.02(c) below, if a Participant terminates employment for any reason (whether Retirement, Disability, Termination of Employment Without Fault, death or other reason), his vested Account Balances will be paid to or applied for the Participant’s benefit as soon as practicable following the later of the Participant’s termination of employment or receipt by the Retirement Committee or its designee of a request for payment through an Approved Form of Election.


More Definitions of Termination of Employment Without Fault

Termination of Employment Without Fault means any involuntary separation of a Participant by a Participating Employer or Non-Participating Employer other than by reason of Retirement, Disability, failure
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Termination of Employment Without Fault means any involuntary separation of a Participant by a Participating Employer or Non-Participating Employer other than by reason of Retirement, Disability, failure to maintain work standards, dishonesty or other misconduct prejudicial to the Participating Employer or Non-Participating Employer by which the Participant is employed, absence without prescribed notice, or refusal to return from layoff or Approved Leave of Absence within the prescribed period; provided, however, that no temporary or seasonal employee who first becomes a Participant on or after August 1, 1996 will be immediately fully vested in his Account Balances solely as a result of Termination of Employment Without Fault.
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Termination of Employment Without Fault means any involuntary separation of a Participant by a Participating Employer or Non-Participating Employer other than by reason of Retirement, Disability, failure to maintain work standards, dishonesty or other misconduct prejudicial to the Participating Employer or Non-Participating Employer by which the Participant is employed, absence without prescribed notice, or refusal to return from layoff or Approved Leave of Absence within the prescribed period. (mmml) ‘Therma-Tru Money Purchase Account’ means any of the accounts so designated and provided for in Section 5.01. (mmm2) ‘Therma-Tru Qualified Nonelective Account’ means any of the accounts so designated and provided for in Section 5.01. (mmm3) ‘Therma-Tru qualified Nonelective Contributions’ means any contributions made by Therma-Tru Corp. to an eligible Participant’s Therma-Tru Qualified Nonelective Account as provided for in Section 3.03A. (mmm4) ‘Therma-Tru Post-2001 Employer Matching Account’ means any of the accounts so designated and provided for in Section 5.01. (mmm5) ‘Therma-Tru Prior Employer Account’ means any of the accounts so designated and provided for in Section 5.01. (mmm6) ‘Therma-Tru Profit Sharing Account’ means any of the accounts so designated and provided for in Section 5.01.
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Termination of Employment Without Fault means any involuntary separation of a Participant by a Related Employer otherwise than by reason of Retirement, Disability, failure to maintain work standards, dishonesty or other misconduct prejudicial to the Related Employer by which the Participant is employed, absence without prescribed notice, or refusal to return from layoff or Approved Leave of Absence within the prescribed period.
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Related to Termination of Employment Without Fault

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

  • Involuntary Termination of Employment means any termination of Executive's employment by the Company and its subsidiaries, other than a termination for Cause or due to death or Disability.

  • Involuntary Termination Without Cause means Executive’s dismissal or discharge other than for Cause. The termination of Executive’s employment as a result of Executive’s death or disability will not be deemed to be an Involuntary Termination Without Cause.

  • Involuntary Termination means a termination of your employment with the Company pursuant to either (i) a termination initiated by the Company without Cause, or (ii) your resignation for Good Reason, and provided in either case such termination constitutes a Separation from Service. An Involuntary Termination does not include any other termination of your employment, including a termination due to your death or disability.

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Voluntary Termination means termination by the Employee of the Employee's employment with the Company, excluding termination by reason of Employee's death or disability as described in Sections 2.5 and 2.6.

  • Termination of Service means:

  • Constructive Termination Without Cause means the termination of the Executive’s employment at his initiative after, without the Executive’s prior written consent, one or more of the following events:

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • 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:

  • Termination Without Cause means termination by the Company other than due to the Executive’s death or disability or Termination With Cause.

  • Without Cause Termination or “Terminated Without Cause” means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • 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.

  • Without Good Reason means termination of Executive’s employment by Executive other than For Good Reason pursuant to SECTION 3.2(b) below.

  • Termination of Consultancy means: (a) that the Consultant is no longer acting as a consultant to the Company or an Affiliate; or (b) when an entity which is retaining a Participant as a Consultant ceases to be an Affiliate unless the Participant otherwise is, or thereupon becomes, a Consultant to the Company or another Affiliate at the time the entity ceases to be an Affiliate. In the event that a Consultant becomes an Eligible Employee or a Non-Employee Director upon the termination of such Consultant’s consultancy, unless otherwise determined by the Committee, in its sole discretion, no Termination of Consultancy shall be deemed to occur until such time as such Consultant is no longer a Consultant, an Eligible Employee or a Non-Employee Director. Notwithstanding the foregoing, the Committee may otherwise define Termination of Consultancy in the Award Agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Consultancy thereafter, provided that any such change to the definition of the term “Termination of Consultancy” does not subject the applicable Award to Section 409A of the Code.

  • Constructive Termination means:

  • 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.

  • Good Reason means:

  • 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.

  • Termination for Cause or "Cause" shall mean 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 any material breach of this Agreement, in such case as measured against standards generally prevailing at the relevant time in the savings and community banking industry. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Bank or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Bank shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Bank. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Terminated Without Cause means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Self-employment shall be where a Claimant sets up his/her own business and is responsible for paying his/her tax and National Insurance.

  • 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.

  • Just Cause means: