Employer Terminations Clause Samples

The Employer Terminations clause defines the conditions under which an employer may end an employee’s contract before its natural expiration. Typically, this clause outlines the required notice period, any severance or compensation owed, and the specific grounds—such as misconduct, redundancy, or performance issues—that justify termination. Its core practical function is to provide a clear framework for ending employment, thereby reducing disputes and ensuring both parties understand their rights and obligations in the event of early termination.
Employer Terminations. The Employer shall notify the Union of all employee terminations within ten (10) calendar days of the notice of termination. (Reference Article 9.04 - Resolution of Employee Dismissal or Suspension Disputes.)
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Employer Terminations. Termination of employment by the Employer is subject to the grievance and arbitration procedure (reference Article 9.05 - Employee Dismissal or Suspension).
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Employer Terminations. (A) The Employer shall notify the Union of all employee terminations within ten
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Employer Terminations. Any of the Bank-Related Entities employing the Executive, without limiting any rights any of them may have, or affecting any rights or obligations relating to termination outside this Agreement, may terminate the Executive's employment, at will with or without cause upon delivery of written notice to the Executive (except in the case of death of the Executive, in which event termination shall automatically occur at the date of death), and for any of the following grounds: 2.1.1 Willful breach or habitual neglect or inability (except where such inability is due to Disability or death) to perform the Executive's duties under the Employment Agreement or otherwise, including without limitation failure to cooperate with the Bank Board or Company Board in the structuring, documentation or negotiation of a transaction that might result in a Change of Control; 2.1.2 Malfeasance or misfeasance in the performance of the Executive's duties under the Employment Agreement or otherwise; 2.1.3 Immoral or illegal conduct;
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Employer Terminations. (A) The Employer shall notify the Union of all employee termina- tions within ten (10) calendar days of the notice of termina- tion. (Reference Article 9.04 Resolution of Employee Dismissal or Suspension Disputes.)
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Employer Terminations. The Employer shall notify the Union of all employee termi- nations within ten calendar days of the notice of termi- nation. (Reference Article Resolution of Employee Dis- missal or Suspension Disputes.) Employer terminations are subject to the grievance and arbi- tration procedure. (Reference Article Grievances and Article
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Employer Terminations. A) An Employer shall not terminate an employee except for just cause. B) The Employer shall notify the Union of all employee terminations within ten (10) calendar days of the notice of termination. (Reference Article 9.04 Resolution of Employee Dismissal or Suspension Disputes.) C) Employer terminations are subject to the grievance and arbitration procedure. (Reference Article 9 Grievances and Article 10 Arbitration.)
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Related to Employer Terminations

  • Other Terminations If Executive’s service with the Company is terminated by the Company or by Executive for any or no reason other than as a Covered Termination, then Executive shall not be entitled to any benefits hereunder other than accrued but unpaid salary, bonus, vacation and expense reimbursement in accordance with applicable law and to elect any continued healthcare coverage as may be required under COBRA or similar state law.

  • Competition After Termination of Employment The Company shall not pay any benefit under this Agreement if the Executive, without the prior written consent of the Company and within 2 years from the Executive’s Termination of Employment, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Company, which enterprise is, or may deemed to be, competitive with any business carried on by the Company as of the date of termination of the Executive’s employment or retirement. This section shall not apply following a Change in Control.

  • Compensation After Termination a. If (i) the Company terminates Employee’s employment during the Employment Period pursuant to Section 4.1.a, 4.1.b, or 4.1.c hereof, (ii) either party terminates this Agreement pursuant to Article 2 hereof or (iii) Employee voluntarily terminates this Agreement pursuant to Section 4.1.d hereof, then the Employment Agreement and Employee’s employment with the Company shall terminate and the Company shall have no further obligations hereunder or otherwise with respect to Employee’s employment from and after the termination or expiration date, except that the Company shall pay Employee’s Base Salary accrued through the date of termination or expiration and shall provide such benefits as are required by applicable law. Notwithstanding the foregoing, if the Company terminates Employee pursuant to Section 4.1.a or 4.1.b, the Company will pay to Employee a pro rata share of any incentive compensation earned by Employee during the year in which such termination occurs, such incentive compensation to be determined and payable in the same manner and at the same time as it would have been had Employee’s employment not been terminated pursuant to Section 4.1.a or 4.1.b. b. If the Company terminates the Employee’s employment pursuant to Section 4.1.d hereof, then the Company shall have no further obligations hereunder or otherwise with respect to Employee’s employment from and after the termination date, except that, subject to receiving a signed separation agreement and general release of claims from Employee substantially in the form set out in attached Exhibit 1 to this Agreement, modified as necessary so as to be fully enforceable under current applicable law, Company shall pay Employee’s Base Salary through the end of the then current Employment Period and shall provide benefits as are required by applicable law. However, any payments under this Section 4.2.b. payable after termination of employment may be delayed as may be required by Section 7.12 hereof. Provided, however, if the termination of Employee’s employment results in compensation and benefits being provided to Employee pursuant to the Severance Agreement of even date herewith, Employee shall receive no compensation under this Section 4.2, except for Base Salary and benefits accrued through the date of termination or as are otherwise required by applicable law.

  • Other Termination This Agreement may be terminated and the transactions contemplated hereby may be abandoned at any time prior to the Disaffiliation Date by either Party if: (a) prior to the Disaffiliation Date, there has been a material breach of any representation, warranty, covenant or agreement on the part of a Party set forth in this Agreement; provided, however, that, if such breach is curable by the breaching Party through the exercise of its commercially reasonable efforts and for so long as the breaching Party continues to exercise such commercially reasonable efforts (but in no event longer than thirty (30) days after the non-breaching Party’s written notification to the breaching Party of the occurrence of such breach), the non-breaching Party may not terminate this Agreement; or, (b) if all the conditions set forth in this Agreement have not been satisfied or waived on or before the Disaffiliation Date, unless such satisfaction has been frustrated or made impossible by any act or failure to act of non-breaching Party.

  • Employer’s Termination The Employer shall have the right to terminate this Agreement by providing at least days’ notice. If the Employer should terminate this Agreement, the Employee shall be entitled to severance, equal to their pay at the time of termination, for a period of . ☐ - For a Specified Time-Period beginning on the day of , 20 and ending on the day of , 20 . At the end of said time-period, both parties will no longer have any obligation to one another.