Leavers Sample Clauses

Leavers. If a Beneficial Owner leaves employment with the Atrium Group and/or otherwise ceases to be an employee or officer of or consultant to a member of the Atrium Group for whatever reason, such Beneficial Owner will become a “Leaver” in relation to any Common Shares (or other shares of the Company which are issued pursuant to a scheme approved by the Board for the return of income or capital to shareholders) held by the Atrium Nominee (as Nominee) on behalf of such Beneficial Owner. If the Company elects to exercise its rights under the Leaver Sale Provisions (a “Leaver Sale”), then the Atrium Nominee shall be permitted hereunder to Transfer any Common Shares held by the Atrium Nominee on behalf of such Leaver in accordance with the terms of the Leaver Sale Provisions.
AutoNDA by SimpleDocs
Leavers will have the same formula applied pro-rata to reflect the number of weeks completed during the Reference Period in accordance with contractual leave entitlements at the time of leaving.
Leavers. Retirees, death and redundancy cases will be paid variable bonus for the year of payment. Resignees will not be paid variable bonus.
Leavers. 3.11.1 On receipt of the notification from HR that an employee has left a school’s service, Liberata will produce a P45 and send it to the individual either within 10 working days of either the last day of service or the date on which their last payment is calculated, whichever is later.
Leavers. A notice period of one term must be given. If a child is to leave before the notice period, the full termly amount will be payable.
Leavers. If your child is leaving our school (other than transferring to the junior school, parents are asked to: • Give the School Office comprehensive information about their plans including any date of a move and your new address and telephone numbers, your child’s new school and the start date when known. This should be submitted to our school in writing. If pupils leave and we do not have the above information, then your child is considered to be a ‘Child Missing in Education’. This requires schools and Local Authorities to then carry out investigations to try and locate your child, which includes liaising with Children’s Services, the Police and other agencies. By giving us the above information, these investigations can be avoided.
Leavers. This is the normal activity for employees who leave XXX’x employment. Correctly completed Master Payroll Spreadsheet (or other electronic alternative as to be agreed) delivered before agreed cut-off dates published in the timetable will be processed in the next pay run. Procedures exist for late leavers and late notifications to be processed on special payment runs and for the recovery of overpayments. XXX will be responsible for: Notify THE PROVIDER per the agreed timetable, and in advance of the relevant payroll cut off date, details of all leavers using the Master Payroll Spreadsheet (or alternative). Advise if there were to be an activity leading to the redundancy or transfer out of a group of employees. XXX would work with THE PROVIDER to ensure that, in these unusual circumstances, suitable arrangements were in place. THE PROVIDER will be responsible for: Processing termination action on Payroll System. Issuing form P45 tax certificates and forwarding all necessary information to the tax office on XXX’x behalf. Issuing Pension leavers form where appropriate. Making payments in lieu of notice when required in writing by XXX. Recovering any amounts outstanding as agreed by XXX and the leaver. Notifying XXX of any outstanding items that cannot be recovered from the payroll. Variations Employees’ records need to be updated to reflect changes in circumstances or conditions of service. Correctly completed spreadsheets / forms delivered before agreed cut-off dates published in the timetable will be processed in the next pay run. These will include but may not be limited to the following: Master Payroll Spreadsheet for details of employee loans, overtime, FFS employee timesheet hours, sickness, maternity and industrial action deductions; and Other ad hoc notifications for details of working tax credit payments, student loan deductions and emergency payments. XXX will be responsible for: Ensuring that all required payroll information is delivered in the appropriate form before the cut-off times advised in the timetable. Advising if there were to be an activity leading to changes affecting a group of employees, e.g. changes to Employee Pay and Benefits. XXX would work with THE PROVIDER to ensure that, in these unusual circumstances, suitable arrangements were in place. THE PROVIDER will be responsible for: Processing appropriately received payroll information (both in terms of form and timetabling) by amending all relevant personal and pay details in time for ...
AutoNDA by SimpleDocs
Leavers. It is the responsibility of the provider that the child has left to inform the NEF Central Finance Team of the last date of attendance. Any remaining funding will be returned to the Council.
Leavers. A Participant who ceases to be in Relevant Employment must remove his Shares from the trust. Unless the Participant provides the requisite funds to the Company or the Trustees to cover any income tax and employee's NICs liability that may arise due to his Shares ceasing to be subject to the Plan, the Trustees shall have the discretion to dispose of sufficient of the Participant's Shares to meet such liabilities on behalf of the Participant.
Leavers. Unless the Participant provides the requisite funds to the Company or the Trustees to cover any income tax and employee's NICs liability that may arise due to his Shares ceasing to be subject to the Plan, the Trustees shall have the discretion to dispose of sufficient of the Participant's Shares to meet such liabilities on behalf of the Participant.
Time is Money Join Law Insider Premium to draft better contracts faster.