Leave of Absence Plans and Fmla Sample Clauses

Leave of Absence Plans and Fmla. (a) Allocation of Responsibilities After Distribution Date. ------------------------------------------------------ Effective as of the Distribution Date (or such other date(s) as Catalytica and CESI may mutually agree): (i) CESI shall adopt Leave of Absence Plans which shall be comparable in the aggregate in all Material Features to the Catalytica Leave of Absence Plans as in effect on the Distribution Date (or such other date(s) as Catalytica and CESI may mutually agree); (ii) CESI shall honor all terms and conditions of leaves of absence which have been granted to any CESI Employee under a Catalytica Leave of Absence Plan or FMLA on or before the Distribution Date by Catalytica, including such leaves that are to commence after the Distribution Date (or such other date(s) as Catalytica and CESI may mutually agree); and (iii) CESI shall recognize all periods of service of CESI Employees with the Catalytica Group, to the extent such service is recognized by the Catalytica Group for the purpose of eligibility for leave entitlement under the Catalytica Leave of Absence Plans and FMLA; provided, however, that no duplication of benefits shall, to the extent permitted by law, be required by the foregoing.
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Leave of Absence Plans and Fmla. (a) ALLOCATION OF RESPONSIBILITIES AFTER SEPARATION DATE. Effective as of the Separation Date (or such other date as 3Com and Palm may mutually agree): (i) Palm shall adopt Leave of Absence Plans which shall be comparable in the aggregate in all Material Features to the 3Com Leave of Absence Plans as in effect on the Separation Date (or such other date as 3Com and Palm may mutually agree); (ii) Palm shall honor all terms and conditions of leaves of absence which have been granted to any Palm Employee under a 3Com Leave of Absence Plan or FMLA before the Separation Date by 3Com, including such leaves that are to commence after the Separation Date (or such other date as 3Com and Palm may mutually agree); and (iii) Palm shall recognize all periods of service of Palm Employees and Palm Transferred Employees with the 3Com Group, as applicable, to the extent such service is recognized by the 3Com Group for the purpose of eligibility for leave entitlement under the 3Com Leave of Absence Plans and FMLA; provided, however, that no duplication of benefits shall, to the extent permitted by law, be required by the foregoing.
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Leave of Absence Plans and Fmla. (a) STRATOS' PARTICIPATION IN METHODE LEAVE OF ABSENCE PLANS. Members of the Stratos Group shall, until the Distribution Date (or such earlier date as Methode and Stratos may mutually agree), continue to be Participating Companies in Methode's Leave of Absence Plans. Stratos shall reimburse Methode for any and all direct and indirect costs and expenses associated with their participation in Methode's Leave of Absence Plans, subject to Section 7.1.
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Leave of Absence Plans and Fmla 
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Related to Leave of Absence Plans and Fmla

  • Leave of Absence With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will not be considered as having terminated employment with the Company; however, your rights to the Restricted Stock Units during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.

  • Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.

  • Employee Benefit Programs, Plans and Practices The Company shall during the Term provide Executive with coverage under all employee pension and welfare benefit programs, plans and practices (to the extent permitted under any employee benefit plan) in accordance with the terms thereof, which the Company generally makes available to its senior executives.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Leaves of Absence For any purpose under this Agreement, Service shall be deemed to continue while the Optionee is on a bona fide leave of absence, if such leave was approved by the Company in writing and if continued crediting of Service for such purpose is expressly required by the terms of such leave or by applicable law (as determined by the Company).

  • Continuing Employees “Continuing Employees” is defined in Section 6.4 of the Agreement.

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Vacations; Leave The Employee shall be entitled to annual paid vacation in accordance with the policies established by the Board of Directors for executive employees and to voluntary leave of absence, with or without pay, from time to time at such times and upon such conditions as the Board of Directors may determine in its discretion.

  • Vacation and Sick Leave At such reasonable times as the Board of Directors shall in its discretion permit, the Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, with all such voluntary absences to count as vacation time; provided that:

  • Vacation, Holidays and Sick Leave During the Term, the Executive shall be entitled to paid vacation, paid holidays and sick leave in accordance with the Company's standard policies for its senior executive officers.

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