Benefits Upon Separation From Employment Sample Clauses

Benefits Upon Separation From Employment. In the event that Employee separates from employment, Lakes Country shall be responsible for any benefits to which Employee may be entitled upon separation, and it shall be Lakes Country’s responsibility to provide any notices to which Employee may be entitled upon separation.
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Benefits Upon Separation From Employment. Upon separation from employment, unexpended balances in an employees Cafeteria Benefit Account, revert to the City, unless a transfer request is made to ICMA-RC prior to retirement and accepted by ICMA-RC for unexpended balances to be deposited to an active Retirement Health Savings Plan. Any funds not requested for reimbursement (for costs incurred during the term of employment) within thirty days of separation are forfeited. Following is a listing of benefits and their availability upon retirement. This listing is not exhaustive and is only provided as a guide relating to sick and vacation accruals (if any) and remaining balances in the cafeteria plan (if any). Where known, other benefits that extend beyond the retirement date of the employee are also included (dental and health insurance).
Benefits Upon Separation From Employment. Upon the Resignation Date, the Company shall pay Xxxxx (a) all base salary accrued through the Resignation Date, (b) all pay for accrued but unused vacation, if any, and (c) all business expenses required to reimbursed under the Company’s expense reimbursement policy. For clarification purposes, Xxxxx shall not be entitled to any payment pursuant to the Company’s 2006 Bonus Plan, for the second through the fourth quarters, nor shall he be entitled to any payment of the MIT portion of the Bonus Plan for any part of the 2006 year. All vesting on equity compensation shall cease as of the Resignation Date. Any stock options that vested prior to the Resignation Date may be exercised or sold pursuant to the applicable option agreement and Company policy. Except as expressly provided in this Agreement, Xxxxx is not entitled to any other payments or benefits, including salary, severance, bonus, restricted stock vesting.
Benefits Upon Separation From Employment. In connection with the termination of his employment, Xx. Xxxxxxx shall be entitled to the following:
Benefits Upon Separation From Employment. Upon separation from employment, unexpended balances in an employees Cafeteria Benefit Account, revert to the City, unless a transfer request is made to ICMA-RC prior to retirement and accepted by ICMA-RC for unexpended balances to be deposited to an active Retirement Health Savings Plan. Any funds not requested for reimbursement (for costs incurred during the term of employment) within thirty days of separation are forfeited. Following is a listing of benefits and their availability upon retirement. This listing is not exhaustive and is only provided as a guide relating to sick and vacation accruals (if any) and remaining balances in the cafeteria plan (if any). Where known, other benefits that extend beyond the retirement date of the employee are also included (dental and health insurance). • Vacation: Balances available at the time of retirement fully accrue to the retiring employee. The employee, at their option, may apply the value equivalent of the vacation accrual to the following:
Benefits Upon Separation From Employment 

Related to Benefits Upon Separation From Employment

  • Separation from Employment Employees who leave the District with a vacation balance shall have their vacation balance cashed out. If vacation is loaded on July 1st, the vacation balance shall be pro-rated prior to cash out.

  • Payments Upon Termination of Employment (a) If Executive's employment with the Company is terminated by reason of:

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Termination of Employment Severance Your immediate supervisor or the Company's Board of Directors may terminate your employment, with or without cause, at any time by giving you written notice of your termination, such termination of employment to be effective on the date specified in the notice. You also may terminate your employment with the Company at any time. The effective date of termination (the "Effective Date") shall be the last day of your employment with the Company, as specified in a notice by you, or if you are terminated by the Company, the date that is specified by the Company in its notice to you. The following subsections set forth your rights to severance in the event of the termination of your employment in certain circumstances by either the Company or you. Section 5 also sets forth certain restrictions on your activities if your employment with the Company is terminated, whether by the Company or you. That section shall survive any termination of this Agreement or your employment with the Company.

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