Notice Pay. In lieu of 30 days’ notice of Employee’s separation of employment, the Company agrees to pay Employee $31,232.87, the equivalent of 30-days’ pay. Subject to Section 11 below, this amount will be paid in a lump sum on the Company’s next scheduled payroll date following the effective date of this Agreement.
Notice Pay. The Company shall notify all employees who are to be laid off, five (5) working days prior to the effective date of the layoff or shall award pay in lieu thereof. Additional notice shall be provided as required by law. There shall be no more than five (5) working days counted in any calendar week.
Notice Pay. Executive was provided notice of his separation on September 10, 2013. Executive shall perform all regular duties until the Termination Date unless relieved of some or all of such duties by Executive’s supervisor. The Company shall pay to Executive his regular base pay, minus any applicable deductions or withholdings, for work performed through the Termination Date, and will pay the equivalent of his regular base pay, minus any applicable deductions or withholdings, from the Termination Date through October 10, 2013, to fulfill the notice pay requirement in Section 4.01(a) of the Plan. Executive acknowledges amounts payable under this section fully and completely satisfy the notice pay requirement set forth in Section 4.01(a) of the Plan. Unless otherwise provided under applicable law, Executive will not be eligible to apply for short- or long-term disability or workers’ compensation at any time after the Termination Date.
Notice Pay. Since definite term contracts are predetermined duration contracts, there is no pre- notification and notice pay. Even if any clause stating otherwise is included in the contract, it is invalid.
Notice Pay. According to the Article 17 of the Turkish Labor Code (TLC), the situation (termination) must be notified to the other party before terminating indefinite term employment contracts within the determined periods (2 weeks for employees less than 6 months / 4 weeks for employees from 6 months to 1,5 years / 6 weeks for employees from 1.5 to 3 years / 8 weeks for employees over 3 years) These pre-determined durations may be extended by the employment contract. The party not complying with the notification requirement shall pay compensation (which is called notice pay) for the notification period.
Notice Pay. Executive will receive at least thirty (30) calendar days’ notice as a notice period (the “Notice Period”). In the event that the Company determines Executive’s last day of work will be prior to the end of his or her Notice Period, Executive will be entitled to pay in lieu of notice for the balance of such Notice Period (“Notice Pay”). Notice Pay paid to Executive will be in addition to, and will not be offset against, any severance benefits Executive may be entitled to receive under this Section 3(f). However, the Notice Period will run concurrently with, and not in addition to, any notice period required under local, state or federal law. If Executive does not sign, or revokes, prior to the expiration of the applicable revocation period, his or her signature on, a Release (as defined below), Executive will only be eligible for Notice Pay. Unless otherwise permitted by the applicable plan documents or laws, Executive will not be eligible to apply for short-term disability, long-term disability and/or workers’ compensation during the Notice Period, or anytime thereafter. Notice Pay will be paid in a lump sum within thirty (30) days following the Date of Termination.
Notice Pay. Pursuant to this Agreement, Executive is hereby being provided with two weeks (10 business days) of base pay in lieu of written notice of the termination of Employee’s employment (the “Notice Period”), which termination shall be effective on the Date of Termination. The Company in its sole discretion may change Executive’s Date of Termination in accordance with its business needs. Unless otherwise provided under applicable law, Executive will not be eligible to apply for workers’ compensation at any time after Executive’s last active day at work.
Notice Pay. The period that begins on the date that this Agreement is provided to Executive, as set forth in the first paragraph of this Agreement, and ends on the Termination Date shall be the Notice Period. During the Notice Period, Executive shall perform all regular duties unless relieved of some or all of such duties by Executive’s supervisor. During the Notice Period, the Company shall pay to Executive his regular base pay, minus any applicable deductions or withholdings, which will be payable in a manner and on days that correspond to the Company’s regular paydays and payroll practices. Executive acknowledges amounts payable during the Notice Period fully and completely satisfy the notice pay requirement set forth in Section 4.01(a) of the Plan. Unless otherwise provided under applicable law, Executive will not be eligible to apply for short- or long-term disability or workers’ compensation at any time after the Termination Date.
Notice Pay. Executive was provided notice of his separation on August 15, 2013, and the period between August 15, 2013 and the Termination Date shall be the Notice Period. During the Notice Period, Executive shall perform all regular duties unless relieved of some or all of such duties by Executive’s supervisor. During the Notice Period, the Company shall pay to Executive his regular base pay, minus any applicable deductions or withholdings, which will be payable in a manner and on days that correspond to the Company’s regular paydays and payroll practices. Executive acknowledges amounts payable during the Notice Period fully and completely satisfy the notice pay requirement set forth in Section 4.01(a) of the Plan. Unless otherwise provided under applicable law, Executive will not be eligible to apply for short- or long-term disability or workers’ compensation at any time after the Termination Date.
Notice Pay. Pursuant to this Agreement, Executive has provided at least 14 (fourteen) calendar days of written notice of the resignation of Executive’s employment (the “Notice Period”), which resignation shall be effective on the Date of Resignation. Executive will not be required to report to work during the Notice Period. The Company in its sole discretion may change Executive’s Date of Resignation in accordance with its business needs. Unless otherwise provided under applicable law, Executive will not be eligible to apply for workers’ compensation at any time after Executive’s last active day at work. Separate and apart from this Agreement, and pursuant to any applicable federal, state and/or local plant closing or mass layoff notification laws, Executive may receive additional advance notice of the termination of Executive’s employment.
