Limits on Eligibility Clause Samples
The "Limits on Eligibility" clause defines specific criteria or restrictions that determine who can participate in a particular program, benefit, or agreement. Typically, this clause outlines factors such as age, residency, employment status, or other qualifications that must be met for an individual or entity to be considered eligible. For example, it may exclude certain groups or set minimum requirements to ensure only qualified participants are included. Its core practical function is to clearly establish boundaries for participation, thereby preventing misunderstandings and ensuring that only those who meet the set standards are allowed to benefit.
Limits on Eligibility. Notwithstanding anything to the contrary herein, ▇▇. ▇▇▇▇▇▇▇ shall not be eligible to receive benefits under this Plan if ▇▇. ▇▇▇▇▇▇▇ :
(i) is not actively at work on his Separation Date, unless ▇▇. ▇▇▇▇▇▇▇ is capable of returning to work within twelve (12) weeks of the beginning of any leave of absence from work;
(ii) voluntarily terminates his employment with the Company for other than Good Reason;
(iii) has his employment terminated by the Company for Cause;
(iv) accepts the transfer of his employment to Southern, any Southern Subsidiary or any employer that acquires all or substantially all of the assets of Southern;
(v) accepts the transfer of his employment to any employer (or its affiliate) that acquires all or substantially all of the assets of a Southern Subsidiary or the Company and becomes an employee of any such employer (or its affiliate) following such acquisition (provided, however, that if ▇▇. ▇▇▇▇▇▇▇ would otherwise have been entitled to severance benefits under this Agreement but for this Section 2.1(b)(v), ▇▇. ▇▇▇▇▇▇▇ shall be eligible for benefits under this Agreement except for those outplacement, severance and welfare benefits described in Sections 2.2(a), (b) and (c) hereof);
(vi) is involuntarily separated from service with the Company after refusing an offer of employment by Southern or a Southern Subsidiary, under circumstances where the terms of such offer would not have amounted to Good Reason for voluntary termination of employment from the Company by comparing each item of compensation and benefits of such offer of employment as set forth in Section 1.23(a)(i), (b)(i), (c)(i), (d)(i) and (d)(ii) above, with such items of compensation and benefits to which he is entitled at the Company as of the day immediately preceding the day of such offer of employment;
(vii) refuses an offer of employment by an acquiring employer in a Subsidiary Change in Control under circumstances where such offer does not provide Good Reason under the requirements of Section 1.23(a)(ii), (b)(ii), (c)(ii), (d)(iii) or (e) hereof.
(viii) elects to receive the benefits of any other voluntary or involuntary severance, separation or outplacement program, plan or agreement maintained by the Company in lieu of benefits under this Agreement; provided however, that the receipt of benefits under any retention plan or agreement shall not be deemed to be the receipt of benefits under any severance, separation or outplacement program for purposes of this Agreement; ...
Limits on Eligibility. Notwithstanding anything to the contrary herein, Executive shall not be eligible to receive amounts under this Agreement if Executive:
(i) is not actively at work on his Separation Date, unless Executive is capable of returning to work within twelve (12) weeks of the beginning of any leave of absence from work;
(ii) voluntarily terminates his employment with the Company for other than Good Reason;
(iii) has his employment terminated by the Company for Cause;
(iv) accepts the transfer of his employment to an affiliate of the Company;
(v) elects to receive the benefits of any other voluntary or involuntary severance, separation or outplacement program, plan or agreement maintained by the Company in lieu of benefits under this Agreement.