ACCUMULATION OF LIQUIDATION Sample Clauses

ACCUMULATION OF LIQUIDATION. Xxxx leave will be accumulated up to thirteen (13) days. The employee may elect to cash in any amount of accumulated sick leave in conjunction with the annual Christmas bonus. The perfect attendance four (4) day bonus will also be paid in conjunction with the Christmas bonus. In the event the employee terminates, or is ter- minated, all accumulated sick leave will be paid to the employee or his heirs.
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ACCUMULATION OF LIQUIDATION. Xxxx leave will be accumulated up to thirteen (13) days. The employee may elect to cash in any amount of accumulated sick leave in conjunction with the annual Christmas bonus. The perfect attendance four (4) day bonus will also be paid in conjunction with the Christmas bonus. In the event the employee terminates, or is terminated, all accumulated sick leave will be paid to the employee or his heirs. Xxxx leave will be accumulated up to thirteen (13) days. The employee may elect to cash in any amount of accumulated sick leave which will be paid during the third (3rd) week of December. The perfect attendance four (4) day bonus will also be paid during the third (3rd) week of December. In the event the employee terminates, or is terminated, all accumulated sick leave will be paid to the employee or his their heirs.

Related to ACCUMULATION OF LIQUIDATION

  • Calculation of Liquidation Amount Upon the occurrence of a Liquidation Date:

  • Dissolution and Liquidation (Check One)

  • Liquidation Date Subject to the following sub-clause, at any time following the occurrence of an Event of Default, we may, by notice to you, specify a date (the “Liquidation Date”) for the termination and liquidation of Transactions in accordance with this clause. Automatic termination The date of the occurrence of any Bankruptcy Default shall automatically constitute a Liquidation Date, without the need for any notice by us and the provisions of the following sub-clause shall then apply.

  • Liquidation The approval by the shareholders of the Company of a complete liquidation of the Company or an agreement or series of agreements for the sale or disposition by the Company of all or substantially all of the Company’s assets, other than factoring the Company’s current receivables or escrows due (or, if such approval is not required, the decision by the Board to proceed with such a liquidation, sale, or disposition in one transaction or a series of related transactions); or

  • Distribution of Contract Within thirty (30) days after the execution of this contract, the District shall print or duplicate and provide without charge a copy of this contract to every employee of the bargaining unit. The District shall provide any employee who becomes a member of the bargaining unit after the execution of this Agreement with a copy of this Agreement without charge at the time of employment. The District shall provide each employee in the bargaining unit without charge with a copy of any written changes agreed to by the parties to this Agreement during the life of this Agreement.

  • Are There Penalties for Early Distribution from a Xxxx XXX As indicated above, earnings on your contributions, as well as amounts contributed to a Xxxx XXX as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about Xxxx XXX rules and restrictions.

  • Distribution of Agreement The Employer agrees to make available to each employee a copy of this Agreement and to provide a copy of the same Agreement to all new employees entering the employment of the Employer.

  • Distribution of UDP and TCP queries DNS probes will send UDP or TCP “DNS test” approximating the distribution of these queries.

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • Order of Reduction The Total Payments shall be reduced in the following order: (i) reduction on a pro-rata basis of any cash severance payments that are exempt from Section 409A of the Code, (ii) reduction on a pro-rata basis of any non-cash severance payments or benefits that are exempt from Section 409A, (iii) reduction on a pro-rata basis of any other payments or benefits that are exempt from Section 409A, and (iv) reduction of any payments or benefits otherwise payable to Executive on a pro-rata basis or such other manner that complies with Section 409A; provided, in case of clauses (ii), (iii) and (iv), that reduction of any payments attributable to the acceleration of vesting of Company equity awards shall be first applied to Company equity awards that would otherwise vest last in time.

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