Suspension from Participation in the Plan Sample Clauses

Suspension from Participation in the Plan. 17.6.1 Upon written notice to the employer, a participant may suspend participation in the plan:
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Suspension from Participation in the Plan a. Notice to Suspend A participant may on one occasion while he/she is participating in the Plan give notice to the Board stating that the participant wishes to suspend his/her participation in the Plan for a period of one year as at September 1 which immediately follows such notice, in which case the Board shall pay the current compensation amount to the Participant as if he/she were not participating in the Plan for such year, but the amounts previously retained by the Board and interest thereon in accordance with Clause 19.3.c (but less all interest paid to the Participant in accordance with Clause 19.4.e) shall continue to be held by the Board until the participant withdraws from the Plan or takes a leave of absence.
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Suspension from Participation in the Plan. Upon written notice to the Institute, an employee may suspend participation in the Plan Institute in the following events:
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Suspension from Participation in the Plan. Upon written notice to the employer, a participant may suspend participation in the plan: upon taking an unpaid leave of absence; or within the first year of becoming a recipient of long-term disability benefits. Should the cause for suspending participation cease to exist the participant shall be re-instated upon returning to active employment. Any suspension of participation shall not extend the deferral period beyond six (6) years.
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Suspension from Participation in the Plan. Notice to Suspend
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Suspension from Participation in the Plan. The Participant may on one occasion while he/she is participating in the plan give notice to the Board stating that he/she wishes to suspend participation in the plan for a period of twelve months as at the anniversary date of enrolment in the plan which immediately follows such notice, in which case the Board shall pay the Current Compensation Amount to the Participant as if he/she were not participating in the plan for such year. The Deferred Compensation shall continue to be held by the Board until the Participant withdraws from the plan or takes the leave of absence. Suspension of participation under section 5.1 above shall not change the year established for the leave of absence. If the Participant has given notice in accordance with section 5.1 above, the Participant’s participation in the plan shall be re-instated commencing on the first of the month which immediately follows the twelve months in which his/her participation had been suspended.
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Suspension from Participation in the Plan 
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Related to Suspension from Participation in the Plan

  • Eligibility for Group Participation This section describes eligibility to participate in the Group Insurance Program.

  • Participation in the SRS 15. Parents who choose not to participate in the SRS are responsible for providing their student with all items that would otherwise be provided by the SRS to enable their student to engage with the curriculum.

  • DETERMINATION OF DBE PARTICIPATION A firm must be an eligible DBE and perform a professional or technical function relating to the project. Once a firm is determined to be an eligible DBE, the total amount paid to the DBE for work performed with his/her own forces is counted toward the DBE goal. When a DBE subcontracts part of the work of its contract to another firm, the value of the subcontracted work may be counted toward DBE goals only if the subprovider is itself a DBE. Work that a DBE subcontracts to a non-DBE firm does not count toward DBE goals. A DBE subprovider may subcontract no more than 70% of a federal aid contract. The DBE subprovider shall perform not less than 30% of the value of the contract work with assistance of employees employed and paid directly by the DBE; and equipment owned or rented directly by the DBE. DBE subproviders must perform a commercially useful function required in the contract in order for payments to be credited toward meeting the contract goal. A DBE performs a commercially useful function when it is responsible for executing the work of the contract and is carrying out its responsibilities by actually performing, managing, and supervising the work involved. To perform a commercially useful function, the DBE must also be responsible, with respect to materials and supplies used on the contract, for negotiating price, determining quality and quantity, ordering the material, and installing (where applicable) and paying for the material itself . When a DBE is presumed not to be performing a commercially useful function, the DBE may present evidence to rebut this presumption. A Provider may count toward its DBE goal a portion of the total value of the contract amount paid to a DBE joint venture equal to the distinct, clearly defined portion of the work of the contract performed by the DBE. Proof of payment, such as copies of canceled checks, properly identifying the Department’s contract number or project number may be required to substantiate the payment, as deemed necessary by the Department.

  • Termination of Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • Employee Participation The Employer will assist employees' participation in health promotion and health education programs. Health promotion and health education programs that have been endorsed by the Employer (Minnesota Management & Budget) will be considered to be non-assigned job-related training pursuant to Administrative Procedure 21. Approval for this training is at the discretion of the Appointing Authority and is contingent upon meeting staffing needs in the employee's absence and the availability of funds. Employees are eligible for release time, tuition reimbursement, or a pro rata combination of both. Employees may be reimbursed for up to one hundred (100) percent of tuition or registration costs upon successful completion of the program. Employees may be granted release time, including the travel time, in lieu of reimbursement.

  • PARTICIPATION IN SIMILAR ACTIVITIES 1. Parties are not prevented by this MoU from participating and activities similar to those described in this document with third parties. There is no obligation to disclose any similar activity to the other party. However, when considered of mutual benefit, both parties are encouraged to involve the other party in similar activities to the goal of disseminating the knowledge about XXX.xx.

  • Termination or Suspension of Service We may suspend or terminate your access to or use of any or all of our services at any time without cause in our sole discretion. We may immediately suspend your use of our services if you breach this or any other agreement with us or we have reason to believe there has been or may be an unauthorized use of your account.

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