No Cash Option Sample Clauses

No Cash Option. No employee may receive cash in lieu of or as an alternative to any of the Employer’s Non-elective Contribution(s) described herein.
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No Cash Option. The contributions will be non-elective Employer contributions, and Employees will have no option to receive cash in lieu of such contributions.
Sample 1Sample 2
No Cash Option. No employee may receive cash in lieu of or as an alternative to any of the Lake Placid Central School's Non-Elective Contribution(s) described herein.
Sample 1
No Cash Option. Except as provided in paragraph V(A)(3)(a)(iii) xxxxx, The Superintendent may not receive cash in lieu of or as an alternative to the District’s Non-elective Contribution described herein.
Sample 1
No Cash Option. No teacher may receive cash in lieu of or as an alternative to any of the Employer’s non-elective contribution(s) described herein, except as provided in Section 2 herein.
Sample 1
No Cash Option. No employee may receive cash for converted, unused sick or vacation leave in lieu of or as an alternative to any of the District’s nonelective contributions(s) described herein.‌‌‌
Sample 1
No Cash Option. Tke emylo;ee ma; »ot ìeceive cask i» lie» of oì as a» alteì»ative to a»; of tke Emylo;eì’s No»-elective Co»tìiu»tio»(s).
Sample 1
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No Cash Option. Except in the instance of a layoff and at the request of the employee, no eligible employee (as defined in paragraph 22.6) may receive cash in lieu of as an alternative to any of the Employer’s Non-elective Contribution(s) for earned, unused vacation pay and payment for sick leave accumulation pursuant to the applicable provisions of the CBA.
Sample 1
No Cash Option. No employee who is represented by the Association and retiring from the school district may receive cash in lieu of, or as an alternative to, any of the Employer’s Non-elective Contribution(s) described herein.
Sample 1

Related to No Cash Option

  • Cash Option [ ] (a) The Employer may permit a Participant to elect to defer to the Plan, an amount not to exceed % of any Employer paid cash bonus made for such Participant for any year. A Participant must file an election to defer such contribution at least fifteen (15) days prior to the end of the Plan Year. If the Employee fails to make such an election, the entire Employer paid cash bonus to which the Participant would be entitled shall be paid as cash and not to the Plan. Amounts deferred under this section shall be treated for all purposes as Elective Deferrals. Notwithstanding the above, the election to defer must be made before the bonus is made available to the Participant.

  • GREEN OPTION Competitive Supplier hereby agrees that it will incorporate the Green Option program as described in Exhibit A into Supplier’s provision of All Requirements Power Supply under this Agreement and offer such program to interested Eligible Consumers.

  • PTO Cash Out Non-probationary employees who terminate shall be paid for all unused, accrued paid time off. Such cash out shall be made by the Employer at the time of the employee’s final paycheck.

  • Cash Payment The Employee shall make cash payments by wire transfer, certified or bank check or personal check, in each case payable to the order of the Company; the Company shall not be required to deliver certificates for Option Shares until the Company has confirmed the receipt of good and available funds in payment of the purchase price thereof.

  • Cash Payments Merchant may not receive any payments from a Cardholder for charges included in any Transaction resulting from the use of any Card nor receive any payment from a Cardholder to prepare and present a Transaction for the purpose of affecting a deposit to the Cardholder's Card account.

  • Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

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