Early Resignation. The Executive may resign from the Company for any reason, including Good Reason. Executive may effect a Good Reason termination by providing at least 30 days’ written notice to the Board of the applicable Good Reason criteria and his termination effective date; provided that the notice must be given within 90 days of the occurrence of the condition that is the basis for such Good Reason; and further provided that if the basis for such Good Reason is correctible and the Company corrects the basis for such Good Reason within 30 days after receipt of such notice, the Good Reason defect shall be cured and Executive shall not then have the right to terminate his employment for Good Reason with respect to the occurrence addressed in the written notice. In the case of a resignation other than for Good Reason, the termination shall be effective as stated in the notice, but not earlier than 60 days following the date of the notice.
Early Resignation. The Executive may resign from the Company for any reason, including Good Reason. The Executive shall effect a Good Reason termination by providing at least thirty (30) days’ written notice to the Board of the applicable Good Reason criteria; provided that the Executive provided written notice of the existence of the condition that is the basis for such Good Reason within ninety (90) days of the first occurrence of such condition; and further provided that if the basis for such Good Reason is correctible and the Company corrects the basis for such Good Reason within thirty (30) days after receipt of such notice of the occurrence of the condition, the Good Reason defect shall be cured, and Executive shall not then have the right to terminate his employment for Good Reason with respect to the occurrence addressed in the written notice. Notwithstanding the prior sentence, in no event may the Executive effect a Good Reason termination for a condition that is the basis for such Good Reason more than one year after the first occurrence of such condition.
Early Resignation. 1. Teachers are encouraged to notify the Board as soon as possible of their intention to resign or retire.
Early Resignation. Any employee who resigns early shall be paid by the district according to the following schedule: January 1 $500 February 1 $400 March 1 $300 April 1 $200 May 1 $100 ARTICLE X FRINGE BENEFITS The board shall establish and maintain a section 125 salary reduction cafeteria plan in a manner that is in compliance with the Internal Revenue Service code and with the regulations of the Social Security Administration. Selection of the agents or carriers for the various approved benefits shall be by mutual agreement between the board and the group of participating employees. Teachers desiring to participate in these fringe benefits shall complete and file with the clerk of the board the necessary forms, which include their selection of the benefits desired. Teachers may continue to purchase voluntary tax sheltered annuities (403b annuities plan) under a normal salary reduction agreement according to the guidelines established by the board. USD 240 will provide up to a $50 monthly matching annuity for all certified positions that opt to take the fringe. The maximum amount is not to exceed $600 per year. The district portion will have a vesting period of not more than ten years. All current employees with ten years of service will be vested. The Board of Education joined the Greenbush Health Trust on March 1, 2012 to provide health care options for the employee of USD 240 Twin Valley Schools. Any teacher choosing not to participate in the district health plan will not receive cash in lieu of the health fringe.
Early Resignation. You acknowledge and agree that if you resign from employment prior to the Resignation Date (an “Early Resignation”), you will not be entitled to any Termination Consideration, or any Severance Benefits under the Employment Agreement or any acceleration of vesting under any of the Options. You acknowledge and agree that, other than as set forth in Section 6 (and under the conditions set forth therein), you are not entitled to, or eligible for, any further bonus payment of any kind.
Early Resignation. 7.1 The contracted teacher may terminate his/her personal contract prior to July first (1st) by giving not less than four (4) weeks’ notice to the School District and, thereafter, upon giving not less than six
Early Resignation. The County Counsel may terminate this Agreement by providing written notice to the County at least 60 days prior to the effective resignation date.
Early Resignation. Any member of the bargaining unit who submits their unconditional resignation on or before February 1 for a resignation effective after the end of the school year, but before the start of the next school year, shall receive a Five Hundred Dollar ($500.00) lump sum payment to be paid within thirty (30) days after the Board has voted to accept the resignation.
Early Resignation. Xx. Xxxxx shall give the Company written notice of an Early Resignation at least thirty (30) days in advance of the effective date of such Resignation. The Company may, in its discretion, accelerate any such Early Resignation to any earlier date. Any acceleration of the date of Early Resignation shall not affect the treatment of the termination as an Early Resignation.
Early Resignation. At the sole discretion of the Company, Consultant might resign on a date earlier than December 31, 2010. In the event the Company requests an earlier date of resignation, or in the case where the Company agrees to a request from Consultant to resign from employment prior to December 31, 2010, then the Company will: (i) pay Consultant his base salary through the actual last day of employment; and (ii) grant Consultant credit for a full year of service in 2010 for purposes of incentive compensation awards. Consultant would then be eligible for the awards, if any, for the 2010 EICP and the 2008-2010 LTIP, as well as participation in the Company’s profit-sharing plan. If Consultant resigns prior to December 31, 2010 without the Company’s consent, he would not be eligible for any incentive compensation under the 2010 EICP, the 2008-2010 LTIP or the Company’s profit-sharing plan.
