Leaving Employment. Any Participant who leaves the employment of the Company shall not be entitled to any compensation for any loss of any right or any benefit or prospective right or benefit under the Scheme which he might otherwise have enjoyed whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise howsoever.
Leaving Employment. 7.1 Unless the Remuneration Committee determines otherwise, and subject to the following sentence, if the Option Holder gives or receives notice of termination of employment (in each case, whether lawfully or unlawfully) or ceases to hold employment within the Group then any part of the Option held by the Option Holder which is not Vested will lapse on the earlier of the date when notice is given and the date when employment ceases. If the Option Holder ceases to hold employment within the Group in circumstances where the Option Holder becomes a Bad Leaver, the whole of an Option held by the Option Holder, whether Vested or not, will lapse on the date when the employment ceases, unless the Remuneration Committee determines otherwise.
Leaving Employment. Should an employee decide to leave employment (resign, quit, be terminated, or retire), a minimum of two (2) weeks’ notice in writing must be given to the employee’s Elected Official/Department Head if an employee is to receive payment for accrued vacation and eligible PTO. A copy of the written notice will be forwarded to the Administration Office. Failure to provide two (2) weeks’ notice or employment that is ended due to termination will result in loss of accrued vacation and eligible PTO unless waived by the County Administrator in writing. All exiting employees must return to Newaygo County any County property they may have including keys, equipment, and/or supplies prior to their last working day. Vacation and PTO payouts will be withheld until County property is returned for a maximum of the pay date following 30 calendar days after the employee’s last working day.
Leaving Employment. When an employee leaves the bargaining unit to accept a position with the College for which the Federation is not the bargaining agent, seniority on List R shall cease to accrue. If such employee later returns to the bargaining unit, all previous seniority shall be reinstated and seniority shall again accrue. For seniority on List S, see 10.30 and 5.20 D.
Leaving Employment. Effective after January 1, 2017, employees who have worked 1680 hours or more during any year and who either voluntarily or involuntarily leaves employment with the Authority shall be paid his full vacation entitlement per Section 1. Employees who have worked less than 1680 hours during any year [after completing an initial twelve (12) months as a new employee] and leaves employment with the Authority either voluntarily or involuntarily shall receive vacation entitlement based on the following pro-rata formula:
Leaving Employment. 8.1 If the Optionholder ceases to hold employment within the Group as a Good Leaver, then the Option shall continue to Vest in accordance with clause 4 and may (subject to clause 8.3 below) be exercised to the extent Vested, provided that the Board may at its discretion impose as a condition of any exercise following the service of notice to terminate employment that the Optionholder shall enter into arrangements satisfactory to the Board to ensure that the Option Shares acquired are offered to the Company or such other person or persons (which shall include the trustees of an employee trust) as the Board nominates, the price payable being the Fair Value of the relevant Option Shares.
Leaving Employment. 8.1 If the Optionholder ceases to hold employment within the Group, then the Option may, subject to clause 8.2 below, be exercised within 90 days of cessation (12 months in the case of death or disability), but shall lapse of the expiry of such period if not exercised.
Leaving Employment. 4.3.1 General rules If an Optionholder ceases to be an Employee then, unless Rule 4.3.2 applies, her Option will be exercisable for the period of 6 months from the date of cessation of employment and will then lapse.
Leaving Employment. Upon Optionee’s leaving the employment of the Company, this option shall expire with respect to all non-vested options on the latter of the last day of employment or, only if there is a pending Liquidity Event, 30 days following such Liquidity Event (or the termination of the transaction constituting the Liquidity Event).
Leaving Employment. If you cease to be an active member of the Wessex Water Mirror Image Pension Scheme and the Wessex Water Executive Pension Scheme then you will be treated for the purposes of this letter as having left employment with Wessex. If you are treated as having left employment, or if you leave employment with Wessex before 1 January 2000 then you will be entitled to a deferred pension payable form 1 January 2000 calculated on the basis set out in column 1 of the attached schedule. The deferred pension will increase in deferment in accordance with deferred pensions payable under the Executive Scheme. However, if you leave employment
