Separation Plan. 18.1 No later than 90 days from Acceptance, Supplier shall submit to ISR's an offer for a separation plan. The Supplier's offer as aforesaid, shall be provided to ISR for examination and ISR shall be entitled to provide comments and/or to change it in its discretion. The Supplier undertakes in advance to accept the comments and/or changes of ISR in the detailed specification, and it waives any claim and/or demand in relation to the comments and/or changes of ISR to the detailed specification, including any demand for an additional price. Once approved by ISR, separation plan shall be annexed to this Agreement as Appendix K ("Separation Plan"). In the event of termination of this Agreement, for any reason (including but not limited breach by ISR) Supplier shall carry out all activities under the Separation Plan without any additional cost to ISR.
Separation Plan. 6.3.1 The parties shall, acting reasonably and using all reasonable endeavours, agree a written plan (the “Separation Plan”) as soon as practicable after the date of this Agreement and in any case by the NatWest Closing to achieve Separation by the Mid-Corporate and Complex SME Data Migration Date.
Separation Plan. BioXcel and BTI hereby acknowledge that the Services and the use of the Leased Employees and the Space shall decrease over time in accordance with the Separation Plan. The Parties further acknowledge that BTI plans to cease accepting all operational and financial support from BioXcel pursuant to the timeline set forth in the Separation Plan. The Parties agree to adhere to the terms of the Separation Plan. In the event BTI determines that the Separation Plan must be amended due to changes related to the business of BTI, including the development or commercialization of the therapeutic candidates, BTI shall notify BioXcel in writing and the Parties shall, in good faith, assess any continued support required by BTI. Any amendments to the Separation Plan shall be agreed upon in writing by the Parties and shall be attached in Exhibit B hereto.
Separation Plan. (1) A Locomotive Engineer working in a position covered by this Collective Agreement, who is eligible for Early Retirement under the Company's Pension Plan, will be entitled to elect to take early retirement and to receive a monthly separation allowance until age 65 which, when added to his company pension, will give them an amount equal to a percentage of their average annual earnings over their best five-year period, as defined under the pension rules, in accordance with the following formula: Years of Service at Time Employee Elects Retirement Percentage Amount as Defined Above 35 and Over 80 33 76 31 72 30 70 29 68 28 66 27 64 26 62
Separation Plan. Effective upon consummation of the Offer, Executive waives his right to any payments or benefits due or to become due under the Separation Plan, except as otherwise provided in clause (b) of the second sentence of Paragraph 1 above. Except as specifically set forth herein, the Employment Agreement will remain in full force and effect. This Agreement may be executed in any number of counterparts which together shall constitute one instrument. XXXXXXX INC. AMERICAN MEDICAL RESPONSE, INC. By /s/ Xxxx X. Xxxxxx By /s/ Xxxx X. Xxxxxxx --------------------------------------- --------------------------------------- Title: Senior Vice President and Title: President and Chief General Counsel Executive Officer EXECUTIVE: /s/ Xxxxx X. Xxxxx --------------------------------------- Xxxxx X. Xxxxx
Separation Plan. 9.1 Following the date of this agreement:
Separation Plan. BioXcel and BTI hereby acknowledge that the Services shall decrease over time in accordance with the Separation Plan attached as Exhibit B (the “Separation Plan”), as may be adjusted from time to time by mutual agreement of the Parties. The Parties agree to adhere to the terms of the Separation Plan. In the event BTI determines that the Separation Plan must be amended due to changes related to the business of BTI, including the development or commercialization of the therapeutic candidates, BTI shall notify BioXcel in writing and the Parties shall, in good faith, assess any continued support required by BTI. Any amendments to the Separation Plan shall be agreed upon in writing by the Parties and shall be attached in Exhibit B hereto.
Separation Plan. Seller currently maintains the "GenCorp Involuntary Separation Pay Plan" (the "Separation Plan") providing certain separation pay and other benefits for eligible employees of GenCorp, including the eligible Transferred Salaried Employees, whose employment is terminated involuntarily under certain circumstances. Effective as of the Closing, Transferred Salaried Employees will cease to be eligible for benefits under the Separation Plan and Seller will have no obligation to make any payment or provide any benefits under the Separation Plan to Transferred Salaried Employees after the Closing. If Buyer terminates the employment of any Transferred Salaried Employee for any reason other than "for cause", as defined in the Separation Plan, within twelve (12) months after the Closing, then Buyer will provide such terminated Transferred Salaried Employee with separation pay and benefits at least equivalent economically to the separation pay and benefits that would have been payable to such Transferred Salaried Employee under the Separation Plan if such Transferred Employee had been terminated by Seller as of the Closing.
Separation Plan. 15.1 Insofar as you are eligible for any compensation under the 2010 Xxxxxxx River Corporate Officer Separation Plan (as amended or varied from time to time) (“Separation Plan”), any compensation or severance payment paid to you under this shall be in lieu of any severance pay or other severance benefit that the Employer may provide to terminate your employment under any contract, statute or policies that may be in effect at the date your employment terminates (whether from the Employer or any Group Company). Accordingly, in the event you receive any payment or benefit relating to the termination of your employment, the value of any compensation or severance payment due under the Separation Plan shall be offset and reduced by an equivalent sum or value. You must comply with any requirements set out in the Separation Plan, including the signing of a settlement agreement containing a full release of claims. For the avoidance of doubt, payments relating to the termination of your employment would include but are not limited to:
