Examples of Severance Plan in a sentence
Belo Corporation Change In Control Severance Plan (Exhibit 10.7 to the February 12, 2008 Form 8‑K)* (a) Amendment to the A.
Payment for earned, unused vacation shall be made to the Severance Plan.
The Employer shall establish a qualified 401(a) Severance Plan for each teacher employed under a teacher’s contract with the Elkhart Community Schools on January 1, 2006, or on a Board approved Leave of Absence on that date.
The total sum of the amount calculated by Educational Services Corporation as the present value of severance benefits calculated under the terms of the Master Contract in effect on January 1, 2006, shall be contributed to each teacher’s individual Severance Plan on or before October 1, 2006.
A teacher must have served in the Elkhart Community Schools for ten (10) years and reached the age of fifty (50) or fifteen (15) years in the Elkhart Community Schools and reached the age of forty-five (45) to be vested in the 401(a) Severance Plan.