Effect of Separation. 15 An individual having separated from State service and no longer having reinstatement 16 rights shall be required to serve an initial probationary period.
Effect of Separation. An individual who leaves State service other than by layoff or leave of absence and no longer having reinstatement rights shall be required to serve an initial probationary period.
Effect of Separation. (a) With respect to periods prior to the consummation of the transactions contemplated by the Separation Agreement, the term “Company” as used herein shall mean FAC.
Effect of Separation. As of the Separation Date, you will be paid for all work performed through the Separation Date. Your eligibility to participate in any of the Company’s benefit plans will end as of the Separation Date. You will be provided under separate cover an election form allowing you and your eligible dependents to participate in Company’s health and dental plans under the federal law known as COBRA. If you sign and return the election form in a timely manner, the Company will process enrollment so that you can receive health and dental insurance under COBRA. Even if you do not execute this Agreement, you have the right to continue your insurance under COBRA in accordance with the provisions of COBRA, which will be explained in the election form. Severance Benefits The Company is offering you the following severance consideration in exchange for a release by you of all claims against the Company, whether or not you actually have any such claims: Subject to your execution of this Agreement as provided below, Company will provide you with the severance benefits set forth in that certain Severance Agreement, dated as of [DATE], 2013, by and between you and the Company.
Effect of Separation. Any vacation owed to a terminating employee shall be added to the employee’s final pay.
Effect of Separation. Employee acknowledges and agrees that pursuant to the terms of the 2022 Plan and the respective award agreements issued to Employee thereunder, except as set forth on Schedule 1 attached hereto, Employee will forfeit, at no value, all equity awards granted to Employee thereunder that remain unvested on the Separation Date, in connection with the termination of the Employee’s employment with Symbotic.
Effect of Separation. Except as expressly provided in Section 8(b)(iii), in no event shall Optionee be entitled to receive any payment pursuant to this Section 8 after, and any rights with respect thereto shall be forfeited upon, the effective date of a separation from employment. For the avoidance of doubt, to the extent the Option has expired or been exercised or forfeited with respect to any Option Shares, no payments shall be made with respect to such Option Shares, and the calculations of the Unpaid Bonus Amount or Maximum Series 2 Bonus Amount, or otherwise related to such Options Shares, required hereunder shall be made without giving effect to any such expiration, exercise or forfeiture prior to the time of such calculation.
Effect of Separation a. Employee hereby resigns from, and declines any nomination to stand for appointment or election to, the board of directors of Symbotic Inc. and any and all corporate offices, directorships and positions with Symbotic Inc., Symbotic Holdings LLC, Symbotic LLC, Symbotic Group Holdings ULC and their respective subsidiaries and/or affiliates effective as of the Separation Date. On or immediately following the Separation Date, Employee agrees to sign any documents or taken any others actions requested by the Company from time to time to effect Employee’s resignation as a board member, officer, manager or other representative of the Company.
Effect of Separation. The provisions of this Section 4 shall apply to any separation of the Executive's employment.
