Employees Leaving the COMPANY Sample Clauses

Employees Leaving the COMPANY. (a) When an employee’s service with the COMPANY is terminated before the employee has taken vacation with pay to which eligible, an allowance in lieu thereof shall be granted, except that:
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Employees Leaving the COMPANY a). Employees who leave the service of the Company will be paid for any earned vacation and travelling allowance if at the time of his departure from the employ of the Company his vacation leave had fallen due.

Related to Employees Leaving the COMPANY

  • Employment of Employee (a) Except as provided in Sections 2(b), 2(c) and 2(d), nothing in this Agreement shall affect any right which Employee may otherwise have to terminate Employee’s employment, nor shall anything in this Agreement affect any right which the Company may have to terminate Employee’s employment at any time in any lawful manner.

  • Not a Contract of Employment This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

  • EMPLOYEE Employee’s rights and obligations under this Agreement shall not be transferable by Employee by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Employee shall die, all amounts then payable to Employee hereunder shall be paid in accordance with the terms of this Agreement to Employee’s devisee, legatee, or other designee, or if there be no such designee, to Employee’s estate.

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