Employment Separation. The term "Employment Separation" means Participant's voluntary resignation from employment, including retirement, or the termination of a Participant from employment of the Company or a Related Company.
Employment Separation. The separation of the Executive from his employment with the Company and his relinquishment of the offices of Senior Vice President, General Counsel and Secretary of the Company (collectively, the "Separation") shall become effective as of the Separation Date.
Employment Separation. 1. Employees in the non-competitive and labor classes shall be accorded the same rights that competitive class employees have under provisions of Section 75 of the Civil Service Law, after two (2) years of continuous service with the County.
2. In the case of a lay-off which involves competitive class employees, Rule XXV of the Xxxxxxxx County Civil Service Rules shall apply.
3. In case of a lay-off involving non-competitive and labor class employees, the County shall determine that lay-offs are necessary. If it is determined that lay-offs are necessary, employees in the non-competitive and labor class job titles within a department will be laid off in the following order:
a) temporary and probationary employees shall be laid-off first; using total County service as the primary criteria;
b) thereafter, permanent employees will be laid off using seniority as the primary criteria.
Employment Separation. Executive promises never to knowingly seek employment with the Company or its affiliates.
Employment Separation. In the event that Executive's employment is terminated by the Company for any reason other than gross negligence in the performance of Employee's material duties and responsibilities, gross misconduct, theft or embezzlement, or attempted theft or embezzlement, of money or property of the Company or a subsidiary or an affiliate, the Employee's perpetration or attempted perpetration of fraud on the Company or a subsidiary or an affiliate, the Employee's participation in a fraud or attempted fraud on the Company, the employee shall be entitled to receive all compensation earned and all benefits vested (under applicable plans) and reimbursements due (pursuant to Company expense policies) through the effective date of termination and employee shall be entitled to Separation Payments as defined below in Section G.
Employment Separation. Executive herewith resigns as an officer and director of Employer and its subsidiaries and is separated from employment with Employer effective August 27, 2006 (the "Separation Date"). Executive and Employer agree to announce and describe Executive's separation as a voluntary resignation. As of the Separation Date, except as specifically provided in this Agreement, all compensation, including bonuses, and all other benefits and perquisites of employment will cease.
Employment Separation. Mx. Xxxxxx’x employment with the Company ended effective January 13, 2016 (the “Separation Date”). From and after the Separation Date, Mx. Xxxxxx shall no longer be employed by, or act in any capacity (including as a director) for, the Company, and Mx. Xxxxxx hereby resigns from all Company positions held and on any Company subsidiary boards as of the Separation Date.
Employment Separation. You hereby resign your employment, and the Company hereby accepts such resignation, effective as of March 1, 2022 (the “Employment Separation Date”). Upon such resignation, you will be deemed to have resigned from any and all officer and director roles with the Company and its subsidiaries (including without limitation as provided in subsection b. below) without any further action required by you, provided that you agree to execute any documents as may be reasonably requested by the Company to reflect such resignation.
Employment Separation. Effective as of December 7, 2015 (the “Effective Date”), you will no longer be employed by the Company or any of its subsidiaries or Affiliates in any capacity and you will resign as a member of the board of directors of XPO SC. Your termination of employment on the Effective Date shall be a separation by reason of your retirement for all purposes, except that your separation of employment shall be deemed a termination without “Cause” under that certain Performance-Based Restricted Stock Unit Award Agreement entered into by you and the Company on December 10, 2014 (the “Award Agreement”).
Employment Separation. Effective on the Effective Date, Executive’s employment with the Company, the Partnership, IFMI, IFMI Parent and/or any of their respective Affiliates shall cease. The Term of the Executive Agreement shall terminate on the Effective Date. The Supplementary Agreement shall terminate on the Effective Date. The Effective Date shall constitute the “Withdrawal Date” for purposes of each of the Partnership Agreement and the Fourth Amended and Restated Limited Liability Company Agreement of the Company dated May 31, 2011, as may be amended from time to time (the “LLC Agreement”), and effective at such time, Executive shall not be a Member of the Company or a Partner of the Partnership.
