Special Arrangement. The normal retirement date for academic staff members is June 30th Following their 65th birthday.
Special Arrangement. Notwithstanding Section 8.2(k)(i), if (1) Supplier terminates a Transitioned Employee’s employment (A) at the end of the Interim Period or any extensions thereof agreed to by Supplier and the applicable employee or (B) prior to the end of the Interim Period for any reason other than “cause” or “performance” (as defined ABM/IBM Proprietary Information in Section 8.1(d)), or (2) a Transitioned Employee rejects a employment offer that does not qualify as a Qualified Offer (as defined in Section 8.1(a)(ii) above), or (3) the Transitioned Employee rejects a Qualified Offer because it requires a change in work location that meets Suppliers requirements for benefits under its U.S Mobility Plan, then Supplier shall pay such Transitioned Employee, upon receipt of a signed general release covering both ABM and IBM, a severance payment equal to one (1) week of their base pay for each fully completed combined (ABM and Supplier) year of employment, with a six (6) week minimum payment and a twenty-six (26) week maximum payment. Each such Transitioned Employee also shall be eligible for Supplier’s Career Transition Services (CTS), subsidized Transitional Medical Program (COBRA) and Transitional Group Life Insurance (GLI) programs based upon combined ABM and IBM service. Supplier shall be financially responsible for all severance payments and other separation benefits provided to such Transitioned Employees. Thirty (30) days after the close of the Interim Period, Supplier shall calculate the total cost of the severance payments and other separation benefits provided to Transitioned Employees who were released by Supplier at the end of the Interim Period. Supplier will then either invoice or reimburse ABM, as appropriate, for any amounts above or below the planned eight hundred fifty thousand dollars ($850,000) budgeted for such expenses. Notwithstanding the foregoing, if, during his or her specified term of employment, a Transitioned Employee is offered and accepts regular employment for an indeterminate period of time, such Transitioned Employee shall not be entitled to the enhanced severance benefits described in this Section 8.1.2(k)(ii).
Special Arrangement. 1. An employee who will reach the state pension age within five years after the date of dismissal and who, moreover, has been employed by Sanquin for at least ten years on the date of dismissal, can choose to make use of Article 13.4, paragraph 6, or accept the offer to remain in the employer’s employment until reaching his or her AOW pension age.
Special Arrangement. 1.7.4.1 Special arrangement shall mean those provisions, approved by the competent authority, under which consignments which do not satisfy all the requirements of ADR applicable to radioactive material may be transported.
Special Arrangement. Without prejudice, the University may propose a plan to an academic staff member who is not eligible for early retirement whereby that member’s employment may be discontinued in accordance with a special arrangement including a suitable financial settlement. A member may submit a request to the University to initiate such an arrangement. Without prejudice, the University may offer an early retirement package to an individual member or to a group of members eligible to take early retirement and who meet certain conditions such as age and length of service. The University will keep the Faculty Association and the membership who are eligible for such a special arrangement apprised of the basic terms of the arrangement, with the understanding that there may be some flexibility in order to provide for the particular needs of individuals. Whenever the University formally proposes a plan for discontinuance of employment or assisted early retirement as outlined in and above, it shall inform the Faculty Association in writing of the terms of the offer. The Faculty Association has the right to have a representative participate in any discussion which may take place the University and the member pursuant to any proposal initiated under and Any agreement or arrangement concluded pursuant to and must be in writing. The agreement will not take effect unless and until the Director of Personnel Services or other senior representative of the University, the affected member, and the Faculty Association have signed the agreement. Any offer made in writing by the University shall remain open for a minimum of thirty calendar days.
Special Arrangement. This agreement comes into force upon signature by both parties. This contract contains one side and was made in two copies, one for the donor and one for the recipient. Both Parties declare that they have read this contract, its content in its entirety and give proof of their consent to its content under their affixed signatures. On the day of………….. In Brno, on the day of…………………….. Xxxxx’s signature Recipient’s signature
Special Arrangement. 1. An employee who will reach the state pension age within five years after the date of dismissal and who, moreover, has been employed by Xxxxxxx for at least ten years on the date of dismissal, can choose to make use of Article 13.4, paragraph 6, or accept the offer to remain in the employer’s employment until reaching his or her AOW pension age.
Special Arrangement. If the Company is unable to provide an arrangement satisfactory to the Executive to assist him in the exercise of certain stock options granted to him by his previous employer, the Company agrees to pay the Executive up to $75,000, to the extent required by Executive to defray interest or other costs associated with obtaining financing to exercise such options and hold the underlying stock.
Special Arrangement. (iii) 5 8.5 Buyer's Employee Benefit Plans.............................. 31 8.6 HMO Contract................................................ 32 8.7 Transfer of Salaried Plan Account Balances.................. 32 8.8 Welfare Benefit Continuation................................ 32 9. CONDITIONS TO SELLER'S OBLIGATIONS.................................. 33 9.1 Representations and Warranties; Performance................. 33 9.2 Litigation.................................................. 33 9.3 Consents.................................................... 34 9.4 Hart-Xxxxx-Xxxxxx........................................... 34 9.5 Opinion of the Buyer's Counsel.............................. 34
Special Arrangement. The Buyer is not obligated to assume any obligation of the Seller under the Seller's employment agreement with Wilfxxx X. Xxxxxxx, xxich agreement will be terminated by the Seller in connection with the Closing. 8.4
