Eligibility for Severance. Enhanced severance payments will be paid, if, during the severance protection period, you:
1) are involuntarily terminated on account of the change of control for other than cause or
2) voluntarily terminate employment for good reason which includes the following:
(a) experience a substantial reduction in the nature or scope of the authorities, powers, functions of your current position (which would not include changes in title or reporting relationship);
(b) are required to relocated your principal office more than 50 miles from the current site; or
(c) suffer a reduction in either your base salary or bonus opportunity or in the aggregate value of your long-term incentives, benefits and executive perquisites during the severance protection period which is not remedied within 30 days after receipt by Tribune Company of written notice from you.
Eligibility for Severance. Eligibility for receipt of the items in Section 4(b) above, shall be conditioned on your (i) returning to Pyxis promptly upon termination of your employment all of its property, including confidential information and all electronically stored information, and (ii) signing and not revoking the Separation Agreement and General Release.
Eligibility for Severance. Eligibility for receipt of the items in Section 4(b)(i)(2) and 4(b)(ii)(2) above shall be conditioned on your (i) returning to NextCure promptly upon termination of your employment all of its property, including confidential information and all electronically stored information, and (ii) signing and not revoking the Separation Agreement and General Release.
Eligibility for Severance. Executive becomes eligible to receive Severance (as defined below in Section 5) under this Agreement upon an Involuntary Termination of Employment, provided that the Executive:
(a) performs all transition and other matters required of the Executive by the Company prior to Executive’s Involuntary Termination of Employment;
(b) returns to the Company any property of the Company which has come into the Executive’s possession;
(c) returns (and does not thereafter revoke), within sixty (60) days from receipt, a signed original general release in a form acceptable to the Company, in its sole and absolute discretion (the “Release”), under which the Executive, among other things, release and discharges the Company and its subsidiaries and affiliates from all claims and liabilities, including without limitation, claims under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act of 1990, the Family and Medical Leave Act, the Equal Pay Act, ERISA, the Age Discrimination in Employment Act, the Civil Rights Act of 1991, Section 1981 of U.S.C. Title 42, the Xxxxxxxx-Xxxxx Act of 2002, the Worker Adjustment and Retraining Notification Act of 1988, and the Older Workers’ Benefit Protection Act of 1990; and
(d) complies with the restrictive covenants set forth in any other agreement between the Company and Executive. Executive shall forfeit, and repay if already paid by the Company, the Severance, if he or she violates any of these restrictive covenants.
Eligibility for Severance. An Interpreter is eligible for severance if (s)he is a person who: - has been employed by the BOARD continuously for a period of at least five (5) years prior to the date of retirement - accrues sick leave pursuant to the provision of the Revised Code of Ohio - is eligible to receive a retirement pension benefit as a result of employment by the BOARD pursuant to the provisions of the Revised Code of Ohio - retires from the employ of the BOARD after the effective date of this CONTRACT
Eligibility for Severance. An employee who has fifteen (15) or more years of full-time, continuous service with the School District shall be entitled to receive severance pay upon actually leaving service of the District. Such severance shall be equal to the number of full-time, equivalent, eight (8)-hour days of accumulated sick leave multiplied by $45.00 for each day.
Eligibility for Severance. Eligibility for receipt of the items in Section 4(b) above, shall be conditioned on your (i) returning to Tempest promptly upon termination of your employment all of its property, including confidential information and all electronically stored information, and (ii) signing and not revoking the Separation Agreement and General Release.
Eligibility for Severance. This article shall apply only to teachers hired prior to July 1, 1999, as set forth in ARTICLE VII, Section 1.
Eligibility for Severance. Eligibility for receipt of the items in Section 4(b) above, shall be conditioned on your (i) returning to Tempest promptly upon termination of your employment all of its property, including confidential information and all electronically stored information, and (ii) signing and not revoking the Separation Agreement and General Release within the applicable deadline set forth therein, but in no event later than forty-five (45) calendar days following your employment termination date. No benefits set forth in Section 4(b) above will be paid or provided hereunder prior to the effective date of the Separation Agreement and General Release (other than any Accrued Benefits required to be paid).
Eligibility for Severance. A regular employee leaving the employ of the home shall be entitled to receive severance allowance as calculated in Articles 54.02 and 54.03, providing that the employee falls into one of the following categories:
A) employees with ten (10) years of service who of their own volition leave the home work force after their fifty-fifth (55th) birthday
B) employees with ten (10) years of service, whose services are no longer required by the Employer (closure of Employer’s operations, job redundancy, etc.) except employees dismissed for cause
C) employees with ten (10) years of service who are required to retire from the workforce because of a medical disability, which shall be mutually agreed between the Parties
D) employees with ten (10) years of service who die in service
