Early Separation. Persons choosing early separation shall have eligibility for early retirement payments determined in accordance with appropriate statutes and regulations.
Early Separation. In the event that, prior to a Change in Control, the Executive executes a separation agreement with Ralsxxx xx any of its Affiliates during the term of this Agreement which, by its terms, specifically addresses issues related to the Executive's termination of employment and benefits to be paid upon such termination, all of the Executive's rights, claims and entitlements under this Agreement shall terminate even if, under the terms of such separation agreement, the Executive remains employed by Ralsxxx xx one of its Affiliates for a period of time after execution of such separation agreement.
Early Separation. Where an employee elects early separation the employee’s redundancy benefits will be paid on termination calculated as follows:
Early Separation. In the event that, prior to a Change in Control, the Executive executes a separation agreement with IBC or any of its Affiliates during the term of this Agreement which, by its terms, specifically addresses issues related to the Executive’s termination of employment and benefits to be paid upon such termination, all of the Executive’s rights, claims and entitlements under this Agreement shall terminate even if, under the terms of such separation agreement, the Executive remains employed by IBC or one of its Affiliates for a period of time after execution of such separation agreement.
Early Separation. In the event Employee has a separation from service with the Corporation before reaching age 65 (unless the Employee is terminated by the Corporation for Cause, or if the separation is by reason of disability pursuant to subparagraph 3(c), or by reason of death), then on the last day of the month next following the month of Employee’s separation from service, the Corporation shall pay to Employee a lump sum cash payment of an amount equal to the present value of Employee’s Discounted Vested Monthly Benefit. For the purpose of determining the present value, the following assumptions shall apply:
Early Separation. (i) Where an employee is likely to be the subject of action under these provisions, the Commission may provide to that employee an early separation opportunity.
Early Separation. An employee who has been given written notice that their position has been made redundant may decide to include the balance of the transition period in the employee’s redundancy benefits, in which case the employee will receive upon termination: • payment in lieu of salary for the unexpired portion of the 12 week “transition period”; • all accumulated recreation leave and pro rata long service leave where recognised accumulation of credit is less than 10 years, but more than 5 years; and • severance pay as set out in subclause 17.2. • Benefits received under early separation are in lieu of any notice period, access to a scheme of redeployment or other redundancy benefit.
Early Separation. (i) Where an employee is likely to be the subject of action under these provisions, the President may provide to that employee an early separation opportunity.
Early Separation. 30.6.1 An employee who has been given notice in accordance with Subclause 30.3 may decide to include the balance of the transition period in the employee’s redundancy benefits, in which case the employee will receive upon termination: (a) Payment in lieu of salary for the unexpired portion of the eight (8) week ‘transition period’; and (b) Payment of the relevant ‘redundancy benefit’ as calculated in Subclause 30.4.2, and (c) Payment of long service leave in proportion to the employee’s length of service with the University.
Early Separation. If, prior to the Anticipated Separation Date, the Company terminates your employment for Cause, you resign, your employment ends due to death or Disability or your employment ends pursuant to Section 1(c) above, you will (a) be paid only through the Separation Date, even if that date occurs prior to the Anticipated Separation Date, (b) receive the Accrued Benefits through the Separation Date, (c) cease vesting in your stock options and restricted stock units as of the Separation Date, and (d) not be eligible for any of the Severance Benefits or any other benefits, other than as is stated in this Agreement. For purposes of clarity, termination for Cause, resignation, death or Disability, or termination pursuant to Section 1(c) of this Agreement are the only reasons your employment can end before the Anticipated Separation Date. In the event that the Company should seek to terminate your employment for Cause following the date of this Agreement, it will promptly notify you in writing. Any such termination for Cause will become effective within ten (10) business days of delivery of the notice, unless the circumstances giving rise to the “for Cause” termination are cured within such ten (10) business days. For the avoidance of doubt, as of the date set forth at the top of this Agreement, the Company characterizes your termination as a termination without Cause.
