Deferred Transition Date Clause Samples

Deferred Transition Date. An employee who elected to transfer to the IIP, or who is transferred to the IIP in ac- cordance with clause 14B.02(c), (an employee covered by a former grand-parented STD Plan) who is absent from work because of illness or injury and who would other- wise be entitled to sick pay under either the Sick Pay Plan or a pre-existing STD Plan shall continue to be covered by the Sick Pay Plan or the pre-existing STD plan until the employee returns to work, after which the employee shall be enrolled in the IIP and el- igible to use his/her IIP hours.
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Deferred Transition Date. An employee who elected to transfer to the IIP, who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under Article 24B (Sick Leave Accrual Plan), shall continue to be covered by the Plan until the employee returns to work, after which the employee shall be enrolled in the IIP and eligible to use her IIP hours. Article 24B (Sick Leave Accrual Plan) applies only to employees hired prior to November 11, 2009, who elect, on or before March 1, 2010, to remain in the Sick Leave Accrual Plan. Article 24B.08 (Sick pay gratuity) applies only to employees hired prior to November 11, 2009, who elected to remain in the Sick Leave Accrual Plan or who elected to have their sick bank frozen as at March 31, 2010, as set out in Article 24A.02(b)(i). 24B.01 Definition Sick leave means the period of time an employee is absent from work by virtue of being sick or disabled, or because of an accident for which compensation is not payable under the Workplace Safety Insurance Act.
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Deferred Transition Date. An employee who elected to transfer to the IIP, who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under Article 24B (Sick Leave Accrual Plan), shall continue to be covered by the Plan until the employee returns to work, after which the employee shall be enrolled in the IIP and eligible to use her IIP hours.
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Deferred Transition Date. An employee who elected to transfer to the IIP, or who is transferred to the IIP in accordance with clause 14.02(c), (an employee covered by a former grand-parented STD Plan) who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under either the Sick Pay Plan or a pre-existing STD Plan shall continue to be covered by the Sick Pay Plan or the pre-existing STD plan until the employee returns to work, after which the employee shall be enrolled in the IIP and eligible to use his/her IIP hours. ARTICLE 14A – SICK PAY PLAN NOTE: Article 14 of the 2005-2008 Collective Agreement remains in effect, except as amended below. ADD new clause 14.01 and renumber the remainder of Article 14A accordingly:
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Deferred Transition Date. An employee who elected to transfer to the IIP, or who is transferred to the IIP in accordance with clause 11.02(c), (an employee covered by a former grand-parented STD Plan) who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under either the pre-existing Sick Pay Plan or a pre-existing STD Plan shall continue to be covered by the pre-existing Sick Pay Plan or the pre-existing STD plan until the employee returns to work for a period of two (2) continuous weeks, after which the employee shall be enrolled in the IIP and eligible to use his/her IIP days. AMEND ALL APPLICABLE SECTIONS OF THE COLLECTIVE AGREEMENT TO REFLECT THE NEW IIP LANGUAGE, INCLUDING BUT LIMITED TO, ARTICLE 22, TO ENSURE THAT ENTITLEMENTS CURRENTLY AVAILABLE UNDER THE SICK PAY PLAN/PREDECESSOR STD PLAN REMAIN THE SAME UNDER THE IIP. ARTICLE 11B – SICK PAY PLAN NOTE: Article 11 of the 2005-2008 collective agreement remains in effect, except as amended below. ADD new clause 11.01 and renumber the remainder of Article 11B accordingly:
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Deferred Transition Date. An employee who elected to transfer to the IIP, or who is transferred to the IIP in accordance with clause 14B.02(c), (an employee covered by a former grand-parented STD Plan) who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under either the Sick Pay Plan or a preexisting STD Plan shall continue to be covered by the Sick Pay Plan or the preexisting STD plan until the employee returns to work, after which the employee shall be enrolled in the IIP and eligible to use their IIP hours.
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Deferred Transition Date. An employee who elected to transfer to the IIP, or who is transferred to the IIP in accordance with clause 14.02(b) who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under either the pre-existing Sick Pay Plan shall continue to be covered by the pre-existing Sick Pay Plan until the employee returns to work for a period of at least seventy (70) or eighty (80) aggregate hours, as applicable, after which the employee shall be enrolled in the IIP and eligible to use his/her IIP hours. NOTE: Article 14 of the 2005-2008 collective agreement remains in effect. ADD new clause 14.01 and renumber the remainder of Article 14B accordingly:
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Deferred Transition Date. An employee who elected to transfer to the who is absent from work because of illness or injury and who would otherwise be entitled to sick pay under the pre- existing Leave-For-Illness Plan shall continue to be covered by the Sick Pay plan until the employee returns to work for a period of two (2) continuous weeks, after which the employee shall be enrolled in the plan and eligible to use days.
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Related to Deferred Transition Date

  • Termination of Employee Plans The Company shall have provided Parent with evidence, reasonably satisfactory to Parent, as to the termination of the benefit plans referred to in Section 5.12.

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee within the Hexcel Group shall not be considered a termination of employment by the applicable member of the Hexcel Group. (x) If the Optionee’s employment with a member of the Hexcel Group is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested and exercisable, shall be automatically terminated as of the date of such termination of employment. Subject to Section 5(c)(ii), if the Optionee’s employment with a member of the Hexcel Group shall terminate other than by reason of Retirement (as defined in the last Section hereof), Disability (as defined in the last Section hereof), death or Cause, the Option (to the extent then vested and exercisable) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option). The Option, to the extent not then vested and exercisable, shall immediately expire upon such termination. (y) If, while employed by a member of the Hexcel Group, the Optionee dies or is terminated by a member of the Hexcel Group following Disability, the Option shall (I) become fully and immediately vested and exercisable and (II) remain exercisable for one year from the date of termination of employment on account of death or following Disability (but not beyond the Term of the Option). (z) Subject to Section 5(c)(ii), if the Optionee’s employment with a member of the Hexcel Group terminates by reason of Retirement, (A) the Option shall, if not fully vested and exercisable at the time of such termination, continue to vest and become exercisable in accordance with Section 5(b) above, and (B) the Option shall expire upon the earlier to occur of the five-year anniversary date of such Retirement and the expiration of the Term. If the Optionee dies during the five-year period immediately following the Retirement of the Optionee, the Option shall (I) become fully and immediately vested and exercisable and (II) remain exercisable for the remainder of the five-year period from the date of Retirement (but not beyond the Term of the Option).

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Termination of Employment Change of Control (a) For purposes of the grant hereunder, any transfer of employment by the Grantee among the Company and its Subsidiaries shall not be considered a termination of employment. Any change in employment that does not constitute a “separation from service” within the meaning of Section 1.409A-1(h) of the Treasury Regulations (or any successor provision) shall not be considered a termination of employment. Any change in employment that does constitute a “separation from service” within the meaning of Section 1.409A-1(h) of the Treasury Regulations (or any successor provision) shall be considered a termination of employment. (b) If the Grantee dies or terminates employment due to Disability (as defined in the last Section hereof), all RSUs shall immediately vest, be converted into shares of Common Stock and be distributed to the Grantee within 30 days of the date of such termination; provided, however, that if the Grantee is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Internal Revenue Code of 1986, as amended (the “Code”) as of the date of such termination, all RSUs shall immediately vest but shall not be converted into shares of Common Stock and distributed to the Grantee until the earlier of (i) the date which is six months after the date of the Grantee’s termination of employment and (ii) the date of the Grantee’s death. If the Grantee’s employment with the Company terminates due to the Grantee’s Retirement (as defined in the last Section hereof), all RSUs shall continue to vest (and be converted into an equivalent number of shares of Common Stock that will be distributed to the Grantee) in accordance with Section 3 above. If the Grantee dies during the three year period immediately following the Retirement of the Grantee, then all RSUs shall immediately vest, be converted into shares of Common Stock and be distributed to the Grantee’s personal representative within 30 days of the date of such death. (c) Subject to Section 4(d), if the Grantee’s employment terminates for any reason other than death, Disability or Retirement, the Grantee shall forfeit all RSUs. (d) Notwithstanding any other provision contained herein or in the Plan, in the event of a Change in Control (as defined in the last Section hereof) or of the termination of this Agreement within twelve months of a complete liquidation or dissolution of the Company that is taxed under Section 331 of the Code, all RSUs shall immediately vest, be converted into shares of Common Stock and be distributed to the Grantee within 30 days of the date of such event or (in the event of a complete liquidation or dissolution of the Company) as soon as administratively practicable thereafter.

  • Additional Termination Event If any "Additional Termination Event" is specified in the Schedule or any Confirmation as applying, the occurrence of such event (and, in such event, the Affected Party or Affected Parties shall be as specified for such Additional Termination Event in the Schedule or such Confirmation).