EMPLOYEE DEBTS Sample Clauses

EMPLOYEE DEBTS. There will be no disciplinary action against an employee because of debt complaint, and the employer shall not assist the creditor in collecting the debt, unless required by applicable Statutes and/or court order.
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EMPLOYEE DEBTS. On the termination of this agreement for any reason the Employee hereby specifically consents to the Employer deducting any debts owed to the Employer from any monies owed by the Employer to the Employee of whatever nature including, without limitation, any wages or terminal benefits owed to the Employee.
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EMPLOYEE DEBTS. No employee shall have disciplinary action taken against him/her because of a debt to a person or entity other than the Board, unless such adversely affects the employee’s ability to perform his/her job or the efficient operation of the School System.
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EMPLOYEE DEBTS. ‌ If, upon termination of employment, there are any amounts owing by an Employee to the Employer, the Employee may agree in writing that the amount owing to the Employer may be deducted from any monies or entitlements owed to the Employee. If agreement is not reached on repayment, the Employer may initiate proceedings to recover the amount by lawful means.
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EMPLOYEE DEBTS. In addition, Employee acknowledges and agrees that any monies that he/she owes the Company may be deducted from his severance payments, unless otherwise prohibited by law.
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EMPLOYEE DEBTS. Disclosure Schedule 3.27 includes a list and brief description (accurate as of the date of this Agreement only) of the payment terms of (i) all indebtedness of the Company and the Subsidiary to officers, directors, and employees of Seller, the Company or the Subsidiary, excluding salary and other wages and (ii) all indebtedness of officers, directors, stockholders and employees of Seller, the Company and the Subsidiary, excluding indebtedness for travel advances or similar advances for expenses incurred on behalf of and in the Ordinary Course of Business of the Company or the Subsidiary and consistent with its past practices, to the Company or the Subsidiary (collectively the "Employee Debt"). All of such indebtedness of the officers, directors and employees of Seller, the Company and the Subsidiary to the Company and the Subsidiary is collectible in the Ordinary Course of Business.
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EMPLOYEE DEBTS. Section 1. It is recognized that all employees are expected to pay promptly all just financial obligations. A just obligation is one which the employee acknowledges as being just or which has been reduced to a final judgement by court means. The Employer will take no action against an employee until such time as the debt is determined to be a just obligation.
Sample 1
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Related to EMPLOYEE DEBTS

  • Cessation of Employment In the event Executive shall cease to be employed by the Company for any reason, then Executive's compensation and benefits shall cease on the date of such event, except as otherwise provided herein or in any applicable employee benefit plan or program.

  • Non-Guarantee of Employment Nothing in the Plan or the Agreement shall be construed as a contract of employment between the Corporation (or an affiliate) and Grantee, or as a contractual right of Grantee to continue in the employ of the Corporation or an affiliate, or as a limitation of the right of the Corporation or an affiliate to discharge Grantee at any time.

  • Termination of Employee Plans The Company shall have provided Parent with evidence, reasonably satisfactory to Parent, as to the termination of the benefit plans referred to in Section 5.10.

  • No Post-Employment Obligations No Company Employee Plan provides, or reflects or represents any liability to provide, retiree life insurance, retiree health or other retiree employee welfare benefits to any person for any reason, except as may be required by COBRA or other applicable statute, and the Company has never represented, promised or contracted (whether in oral or written form) to any Employee (either individually or to Employees as a group) or any other person that such Employee(s) or other person would be provided with retiree life insurance, retiree health or other retiree employee welfare benefit, except to the extent required by statute.

  • Post-Employment Obligations In consideration of the covenants of the Company herein, the Executive agrees as follows:

  • Compensation of Employee Employer shall pay Employee, and Employee shall accept from Employer, in full payment for Employee's services hereunder, compensation as follows:

  • Compensation of Employees Compensate its employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.

  • Company Obligations Upon Termination of Employment During the Term of this Agreement, the Company shall have the following obligations upon the termination of the Executive’s employment with the Company as described in this Section 5:

  • At-Will Employment Executive and the Company agree that Executive’s employment with the Company constitutes “at-will” employment. Executive and the Company acknowledge that this employment relationship may be terminated at any time, upon written notice to the other party, with or without good cause or for any or no cause, at the option either of the Company or Executive. However, as described in this Agreement, Executive may be entitled to severance benefits depending upon the circumstances of Executive’s termination of employment.

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