Entitlement to Benefit Sample Clauses

Entitlement to Benefit. Neither the Participant, nor any person claiming through the Participant, shall have any right or interest in the Restricted Stock Units awarded hereunder, unless and until all the terms, conditions and provisions of this Agreement and the Plan which affect the Participant or such other person shall have been complied with as specified herein.
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Entitlement to Benefit. (a) A full-time employee on leave of absence without pay can maintain coverage under Article 24, for the duration of their leave, by paying the full cost of the premiums, providing there are no restriction in the carriers' contracts to the contrary. Other than in the case of leave granted pursuant to Article 20, and subject to Clause 24.3(c), the employee shall be responsible for the full cost of the benefit premiums effective the 26th day of unpaid leave. (b) A full-time employee on long-term disability benefits or on a claim recognized by the Workers' Compensation Board shall have their benefit premiums maintained. (c) Full-time employees who do not elect to maintain coverage pursuant to Clause 24.3(b) or whose coverage expires under same, who later return to work, shall not have to requalify for coverage, providing that the leave has not exceed one year or that such does not conflict with the provisions of the carrier's contracts. (d) An employee who, upon retirement, qualifies for vacation payout and/or severance pay, shall elect to receive such monies over the period of time equal to the commuted time value of the vacation pay and/or severance pay to be maintained on the benefit plans during such time.
Entitlement to Benefit. The Employee’s SERP Benefit is the accrued amount in the Employee’s SERP Account to the extent such amounts are distributable under the provisions of this Article 5.
Entitlement to Benefit. (1) When there is an entitlement to a death grant under the legislation of both Contracting Parties, the legislation of the Contracting Party in the territory of which the deceased person has been interred shall be applicable. (2) As regards Tunisia: where entitlement to a death grant is conditional upon the completion of a period of insurance, the competent institution shall take into account, if necessary, periods of insurance completed under the legislation of the other Contracting Party, in so far as they do not overlap, as if they were periods of insurance completed under its legislation.
Entitlement to Benefit. Subject to the other provisions of this Agreement: (a) Employee will be entitled to payment of the vested portion of the 2007 Retention Bonus if Employee remains continuously employed by the Company through December 31, 2007. Employee will be entitled to the vested portion of the 2008 Retention Bonus if Employee remains continuously employed by the Company through the end of the calendar quarter upon or prior to which such portion vested. (b) Notwithstanding any other provision of this Agreement, the full amount of the 2007 Retention Bonus and the full amount of the 2008 Retention Bonus will fully vest and be deemed to be fully earned, and Employee will be entitled to payment of the full amount of the 2007 Retention Bonus and 2008 Retention Bonus, upon the date of termination of Employee’s employment with the Company (all positions) without Cause (as defined below).
Entitlement to Benefit 

Related to Entitlement to Benefit

  • Entitlement to Benefits Notwithstanding the other provisions of this Agreement, a benefit under this Agreement shall not be granted in respect of an item of income if it is reasonable to conclude, having regard to all relevant facts and circumstances, that obtaining that benefit was one of the principal purposes of any arrangement or transaction that resulted directly or indirectly in that benefit, unless it is established that granting that benefit in these circumstances would be in accordance with the object and purpose of the relevant provisions of this Agreement.

  • Entitlement to payment An employee shall be entitled to payment by the employer for ordinary time lost through inclement weather for up to 32 hours in every four weeks. For the purpose of this sub- clause the following conditions shall apply: 24.12.1 The first period shall be deemed to commence on 11 January 1999 and subsequent periods shall commence at four weekly periods thereafter. 24.12.2 An employee shall be credited with 32 hours at the commencement of each four weekly period. 24.12.3 The number of hours at the credit of any employee at any time shall not exceed 32 hours. 24.12.4 If an employee commences employment during a four weekly period the employee shall be credited 32 hours where the employee commences on any working day within the first week; 24 hours where the employee commences on any working day within the second week; 16 hours where the employee commences on any working day within the third week; and 8 hours where the employee commences on any working day within the fourth week. 24.12.5 No employee shall be entitled to receive more than 32 hours inclement weather payment in any period of four weeks. 24.12.6 The number of hours credited to any employee under this clause shall be reduced by the number of hours for which payment is made in respect of lost time through inclement weather. 24.12.7 Payment under this clause shall be weekly. 24.12.8 Provided further and subject to 30.9.4 hereof, an employee working on a part-time basis pursuant to the award shall be entitled to payment on a pro-rata basis according to the number of ordinary hours agreed to be worked in the four week period. The method of calculation of a part-time daily hire employee’s proportionate entitlement shall be as follows:

  • Benefit Entitlement When an employee is on a WCB claim all benefits of the Agreement will continue to accrue. However, an employee off work on WCB claim shall receive net wages as defined by (A) above, and benefits equalling but not to exceed their normal entitlement had they not suffered a compensable injury. For the first twenty (20) work days on claim, an employee will accrue paid holidays and vacation credits. Once the claim exceeds twenty (20) work days, paid holidays and vacation credits will not accrue. However, unused vacation credits accrued prior to the claim shall not be lost as a result of this clause.

  • Entitlement to Leave An employee shall be granted Workers' Compensation leave with pay in the event that the Workers' Compensation Board (WorkSafe BC) determines that the employee has established a claim (time loss benefits) and they are unable to perform their duties by reason of the compensable injury which occurred while employed by the Employer. For the purposes of this clause, pay is defined as the employee's regular take-home wages to ensure that the non-taxable status of Workers' Compensation benefits does not provide an opportunity for an injured worker to earn more while on claim than if they were working. The term claim will not include any form of WCB allowance or pension, and this section will not be operative while an employee is receiving such a different form of payment from WCB arising from this claim.

  • Entitlement to Rebate Upon timely demand, non-members may apply to the Association for an advance reduction/rebate of the fair share fee pursuant to the internal procedure adopted by the Association.

  • Overtime Entitlement (a) An employee will be entitled to compensation for authorized overtime in excess of: (1) the scheduled daily hours; or (2) the maximum daily hours for those employees on flextime; or (3) the agreed averaging period. (b) For the purposes of calculating the hourly rate for overtime, an employee's biweekly rate shall be divided by 70. (c) Overtime shall be compensated in 30-minute increments; however, employees shall not be entitled to any compensation for periods of overtime of less than five minutes per day.

  • Leave Entitlement An eligible employee is entitled to take up to a total of twelve (12) 41 work weeks of FMLA leave in a 12-month period, to be measured backwards from the 42 commencement date the employee uses FMLA leave. An eligible employee taking leave 43 under Article 12.02(10)(b) shall be permitted to take up to 26 work weeks of leave in a 44 12-month period.

  • Entitlement For the purpose of calculating six days per calendar year, one day shall be considered to be one day regardless of the regularly scheduled workday. Calculation for part-time employees and partial days will be on a prorated basis.

  • Vacation Entitlement i) A transferring employee will accrue vacation in accordance with the collective agreement of the designated employer. ii) A transferring employee will have pre-approved vacation requests honoured. iii) Vacation entitlement not used by the employee at the time of transfer shall transfer with the employee to the designated employer, if applicable. iv) Vacation scheduling will be in accordance with the applicable collective agreement and the practice of the designated employer.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

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