Automatic Termination Of Employment Sample Clauses

Automatic Termination Of Employment. The following actions are causes for automatic termination of employment: 1. Intentional conduct, without justification that: a. seriously injures another person, b. causes substantial damage to property, or c. seriously threatens the safety of the workplace; 2. theft of State property of a value greater than $300; 3. illegal sale, use or possession of drugs on the job;
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Automatic Termination Of Employment. This Agreement, and the ----------------------------------- employment of Employee hereunder, shall automatically terminate, without notice, upon the occurrence of any one or more of the following events: (i) the death of Employee; or (ii) the loss by Employee of legal capacity.
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Automatic Termination Of Employment. The following actions are causes for automatic termination of employment:
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Automatic Termination Of Employment. (a) Unless terminated earlier in accordance with this clause 14, the employment of Employees engaged on specified task or maximum term contracts will end automatically on the completion of the specified task or term. (b) Employees engaged on specified task or maximum term contracts acknowledge they: (i) are not entitled to any further notice that their employment will end in accordance with this sub-clause; and (ii) have no expectation of ongoing work or employment with the Company after the completion of the specified task or term.
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Automatic Termination Of Employment. The following actions may be sufficient causes for automatic termination of employment, although automatic termination of employment may be for causes other than the below enumerated causes: 1. Intentional conduct, without justification, that: a. seriously injures another person b. causes substantial damage to property; or c. seriously threatens the safety of the workplace. 2. Theft of University, USM, or State property; 3. Illegal sales, use, or possession of drugs on the job; 4. Conviction of a controlled dangerous substance offense by an employee in a designated sensitive classification; 5. Conviction of a felony; 6. Accepting for personal use, any fee, gift, or other valuable thing in connection with or during the course of University employment, if given to the employee by any person with the hope or expectation of receiving a favor or better treatment than that accorded to other persons; or 7. a. Violation of the Fair Election Practices Act; or
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Automatic Termination Of Employment. The following actions are just causes for automatic termination of employment: A. intentional conduct, without justification that: 1. seriously injures another person, 2. causes substantial damage to property, or 3. seriously threatens the safety of the workplace; B. theft of College property of a value greater than $300.00; C. illegal sale, use or possession of drugs on the job; D. conviction of a controlled dangerous substance offense by an employee in a designated sensitive classification; E. conviction of a felony; F. accepting for personal use any fee, gift or other valuable thing in connection with or during the course of College employment if given to the employee by any person with the hope or expectation of receiving a favor or better treatment than that accorded to other persons; G. a violation of the Fair Election Practices Act; or
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Related to Automatic Termination Of Employment

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following: (i) A single lump sum payment, payable in cash within five days of the Termination Date (or if later, the Change of Control Date), equal to the sum of: (A) the accrued portion of any of the Executive's unpaid base salary and vacation through the Termination Date and any unpaid portion of the Executive's bonus for the prior fiscal year; plus (B) a portion of the Executive's bonus for the fiscal year in progress, prorated based upon the number of days elapsed since the commencement of the fiscal year and calculated assuming that 100% of the target under the bonus plan is achieved; plus (C) an amount equal to the Executive's Base Compensation times the Compensation Multiplier. (ii) Continuation, on the same basis as if the Executive continued to be employed by the Company, of Benefits for the Benefit Period commencing on the Termination Date. The Company's obligation hereunder with respect to the foregoing Benefits shall be limited to the extent that the Executive obtains any such benefits pursuant to a subsequent employer's benefit plans, in which case the Company may reduce the coverage of any Benefits it is required to provide the Executive hereunder as long as the aggregate coverages and benefits of the combined benefit plans is no less favorable to the Executive than the Benefits required to be provided hereunder. (iii) Outplacement services to be provided by an outplacement organization of national repute, which shall include the provision of office space and equipment (including telephone and personal computer) but in no event shall the Company be required to provide such services for a value exceeding 17% of the Executive's Base Compensation. (iv) Accelerated vesting of all outstanding stock options and of all previously granted restricted stock awards. (v) Target amounts that would have accrued under the MagneTek Shareholder Return Plan had the applicable period for each such target elapsed, calculated and paid, PRO RATA, for the actual period elapsed.

  • Termination of Employment for Cause If Optionee’s employment with the Bancorp or a subsidiary corporation is terminated for cause, this option shall expire thirty (30) days from the date of such termination. Termination for cause shall include, but not be limited to, termination for malfeasance or gross misfeasance in the performance of duties or conviction of a crime involving moral turpitude, and, in any event, the determination of the Board of Directors with respect thereto shall be final and conclusive.