Common use of Garden Leave Clause in Contracts

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its absolute discretion determine. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Period.

Appears in 6 contracts

Samples: Executive Service Agreement (Lloyds Bank PLC), Executive Service Agreement (Lloyds Bank PLC), Executive Service Agreement (Lloyds Banking Group PLC)

AutoNDA by SimpleDocs

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice in circumstances in which he is not entitled to do so and the Employer does not accept the Executive’s resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its absolute discretion determine, provided they shall not exceed 6 months in aggregate. The provisions of Clause 9.2 10.2 to Clause 9.8 10.8 apply to any Garden Leave Period.

Appears in 2 contracts

Samples: Executive Service Agreement (Lloyds Bank PLC), Executive Service Agreement (Lloyds Banking Group PLC)

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s resignation, party the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its absolute discretion determine. The provisions of Clause 9.2 10.2 to Clause 9.8 10.8 below apply to any Garden Leave Period.

Appears in 2 contracts

Samples: Executive Service Agreement (Lloyds Bank PLC), Executive Service Agreement (Lloyds Banking Group PLC)

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its absolute discretion determine. The provisions of Clause 9.2 to Clause 9.8 below apply to any Garden Leave Period.

Appears in 2 contracts

Samples: Executive Service Agreement (Lloyds Bank PLC), Executive Service Agreement (Lloyds Banking Group PLC)

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its absolute discretion determine. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Period.. A10192287/0.1/25 Nov 2008

Appears in 1 contract

Samples: Executive Service Agreement (Lloyds Banking Group PLC)

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the A10192287/0.1/25 Nov 2008 Executive’s resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its absolute discretion determine. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Period.

Appears in 1 contract

Samples: Executive Service Agreement (Lloyds Banking Group PLC)

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s his resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall not exceed six months in its absolute discretion determineaggregate. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Period.

Appears in 1 contract

Samples: Executive Service Agreement (Lloyds TSB Group PLC)

AutoNDA by SimpleDocs

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall in its A10192287/0.1/25 Nov 2008 absolute discretion determine. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Period.

Appears in 1 contract

Samples: Executive Service Agreement (Lloyds Banking Group PLC)

Garden Leave. At any time after 14.1 In the event that notice to terminate the Employment is Executive’s employment with the Company has been given by either party, the Company or the Executive or if the Executive resigns seeks to resign without notice or by giving due notice and shorter than that required by Clause 2.3 the Employer does not accept the Executive’s resignation, the Employer Company may require that the Executive to take a “Garden Leave” until the Termination Date. 14.2 During any period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period the Executive will continue to be bound by all the terms of his employment including the terms of this Agreement save in the case of a term specifically excluded or periods varied by the operation of the notice period as the Employer shall in its absolute discretion determine. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Periodthis Clause.

Appears in 1 contract

Samples: Restated Employment Agreement (Eyeblaster Inc)

Garden Leave. At any time after notice to terminate the Employment is given by either party, or if the Executive resigns without giving due notice and the Employer does not accept the Executive’s her resignation, the Employer may require the Executive to take a period of absence called garden leave (the “Garden Leave Period”). The Garden Leave Period shall last for such period or periods of the notice period as the Employer shall not exceed six months in its absolute discretion determineaggregate. The provisions of Clause 9.2 to Clause 9.8 apply to any Garden Leave Period.

Appears in 1 contract

Samples: Executive Service Agreement (Lloyds TSB Group PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!