Employee Waiver Sample Clauses
An Employee Waiver clause serves to release the employer from certain liabilities or claims that an employee might otherwise have. Typically, this clause requires the employee to formally relinquish specific rights, such as the right to sue for wrongful termination or to pursue further compensation beyond what is provided in a severance agreement. By including this clause, employers can protect themselves from future legal disputes related to the employment relationship, ensuring a clear and final resolution of potential claims.
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Employee Waiver. The Employee acknowledges and agrees that if the Agreement and the benefits described in the Agreement constitute an employee benefit plan or part of an employee benefit plan for purposes of Title I of the Employee Retirement Income Security Act, as amended ("ERISA"), (a) such plan is an unfunded plan, (b) the Employee belongs to a select group of management or highly compensated employees, and, therefore, (c) such plan is exempt from the participation, vesting, benefit accrual, joint and survivor and preretirement survivor annuity, minimum funding, fiduciary responsibility, and other requirements of Title I of ERISA. The Employee further agrees that, should the Agreement and the benefits described in the Agreement be construed as a funded plan or part of a funded plan for purposes of Title I of ERISA, the Employee irrevocably waives on behalf of himself and any spouse to whom he may now or in the future be married, any rights and claims the Employee or his spouse or both of them may have now or in the future under Title I of ERISA with respect to such plan. The Employee acknowledges that he has had sufficient opportunity to review this waiver with counsel.
Employee Waiver. Effective upon the closing of the contemplated Offering, Employee hereby waives the Employee's Piggyback Right with respect to the Offering Piggyback Shares.
Employee Waiver. The Employee acknowledges and agrees that if the Agreement and the benefits described in the Agreement constitute an employee benefit plan or part of an employee benefit plan for purposes of Title I of the Employee Retirement Income Security Act, as amended ("ERISA"), (a) the plan is a welfare plan and not a pension plan and, therefore, is exempt from the participation, vesting, benefit accrual, joint and survivor and preretirement survivor annuity, and other requirements of Title I of ERISA, and (b) the Employee irrevocably waives, on behalf of himself and any spouse to whom he may now or in the future be married, any rights and claims the Employee or his spouse or both of them may have now or in the future under Title I of ERISA with respect to such plan, even if it should be construed as a pension plan. The Employee has had sufficient opportunity to review this waiver with counsel. The Company shall administer this Agreement, construe its terms, and make all determinations necessary under this Agreement and shall have complete discretion in doing so.
Employee Waiver. An employee may voluntarily waive, in writing, entitlement to premium pay under any provision of this Article other than Section 5.3.1.
Employee Waiver. An Employee has the right to have a NASA representative present during any investigation interview or disciplinary meeting. However, an Employee may waive his/her right to representation by signing the waiver form (see Appendix ‘G’). A copy of the signed waiver form shall be sent to and kept by Employee Relations. An Employee may repeal his/her waiver, in writing, at anytime during the discipline process.
Employee Waiver. If I am receiving a University employee tuition waiver awarded by British American University, I understand that I am responsible for paying all charges not covered by my waiver. Payment is due by the due date stipulated on my monthly billing statement. Failure to make payment may result in a hold placement and late fee assessment.
Employee Waiver. Contractor will require Assigned Employees to sign an agreement stating that Assigned Employees will not be entitled to benefits offered or provided by County to its own staff, a copy of which is available upon request.
Employee Waiver. An employee has the right to have a Union ▇▇▇▇▇▇▇ present during any investigation interview or disciplinary meeting. However, an employee may waive his/her right to representation by signing the waiver form in Appendix A copy of the signed waiver form will be sent to Employee Relations. An employee may repeal his/her waiver, in writing to Employee Relations, at anytime during the discipline process. An employee notified of an investigation interview or formal disciplinary meeting, and who then makes a claim under Article Illness Proof of Illness, will have no extraordinary rights under this Article.
Employee Waiver. Effective upon the closing of the contemplated IPO, Employee hereby waives the Employee’s Piggyback Right with respect to the IPO Piggyback Shares.