Termination of participation definition

Termination of participation means termination of eligibility to participate in the retirement plan.
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Termination of participation. I understand and acknowledge that I am not required to participate in the Activity. If I participate, I am required to comply with all medical and safety-related direction, rules, regulations, guidelines, training, and instructions pertaining to the Activities, and protection from COVID-19 and that I will not engage in any inappropriate or unsafe conduct. I understand that, in its sole discretion, the Whittier Union High School District may terminate my participation in the Activity at any time, including during the Activity. Reasons for termination may include but are not limited to: conduct or other conduct deemed detrimental to the best interests of the Activity, or health or safety considerations including violation of COVID-19 related restrictions. I further acknowledge and agree that if the WUHSD determines that I am required to leave the Activity due to a violation of any health or safety-related rules, regulations, guidelines, training, and instructions, I will be responsible for any associated expenses, including but not limited to travel-related expenses for a safe return home.
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Termination of participation. Participation will cease upon the [a] complete distribution of a Participant's vested Account balance; or [b] when the Participant has experienced five consecutive one-year Breaks in Service. A Participant who terminates employment without any vested interest will be deemed to have received a distribution of the Participant's vested Account balance upon termination of employment. PARTICIPANTS' ACCOUNTS
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Examples of Termination of participation in a sentence

  • Termination of participation in such a plan, must be reported to Compliance.

  • Termination of participation in such a plan must be reported to Compliance.

  • Termination of participation in this Plan will automatically revoke the Participant's elections.

  • Termination of participation in the self-direction service option requires a revision of the POC, the elimination of the fiscal agent and the selection of the Medicaid-enrolled waiver service provider(s) of choice.

  • Termination of participation in the Plan shall not relieve a subsidiary of any obligations theretofore incurred by it under the Plan.

  • To continue participation, employees shall reenroll each year during the open enrollment period.64.7(3) Termination of participation in the plan.

  • Employees also may change their existing pretax status during the plan year if they have a qualifying change in status as defined in the Plan Document.64.8(3) Termination of participation in the plan.

  • Termination of participation in this Agreement by a Party(ies) shall not affect the continued operation of this Agreement between and among the remaining Parties and this Agreement shall continue in force and remain binding on the remaining Parties.

  • Termination of participation in an indirect action in no way affects any participant’s obligation to grant access rights to the remaining participants in the same action under the terms and conditions established by the grant agreement.

  • Termination of participation in this Plan will automatically revoke the Participant’s elections.

Related to Termination of participation

  • 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.

  • Termination or “Terminated” means, for purposes of this Plan with respect to a Participant, that the Participant has for any reason ceased to provide services as an employee, officer, director, consultant, independent contractor or advisor to the Company or a Parent or Subsidiary of the Company. An employee will not be deemed to have ceased to provide services in the case of (i) sick leave, (ii) military leave, or (iii) any other leave of absence approved by the Committee; provided, that such leave is for a period of not more than 90 days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute or unless provided otherwise pursuant to formal policy adopted from time to time by the Company and issued and promulgated to employees in writing. In the case of any employee on an approved leave of absence, the Committee may make such provisions respecting suspension of vesting of the Award while on leave from the employ of the Company or a Parent or Subsidiary of the Company as it may deem appropriate, except that in no event may an Award be exercised after the expiration of the term set forth in the applicable Award Agreement. The Committee will have sole discretion to determine whether a Participant has ceased to provide services and the effective date on which the Participant ceased to provide services (the “Termination Date”).

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Plan Effective Date means the occurrence of the Effective Date of the Plan according to its terms.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).