Notice of Continued Employment Sample Clauses

Notice of Continued Employment. The Company shall notify the ------------------------------ Executive no later than June 30, 2002 as to whether it intends to continue (or not continue) the Executive's employment beyond December 31, 2002. If the Company notifies the Executive that it does not intend to continue his employment beyond December 31, 2002, the Term of this Agreement shall be extended through and until December 31, 2003. If the Company notifies the Executive that it intends to continue his employment beyond December 31, 2002, and the Executive agrees to continue his employment beyond December 31, 2002, the parties shall negotiate and memorialize in a written agreement the terms of the Executive's continued employment; provided, however, if the parties fail to -------- ------- execute such a written agreement, the terms of this Agreement shall continue through and until June 30, 2003. If the Company notifies the Executive pursuant to this Section 2.2 that it intends to continue his employment, and the Executive does not agree to continue his employment after December 31, 2002 and does not terminate his employment before December 31, 2002 for Good Reason (as defined in Section 7.5), the Executive shall be deemed to have resigned his employment voluntarily on the earlier of December 31, 2002 and the effective date of any prior termination without Good Reason, as defined in this Agreement; his resignation shall constitute a Termination without Good Reason under this Agreement; and the Executive shall not be entitled to any severance pay. If the Company fails to notify the Executive by June 30, 2002 as to whether it intends to continue his employment, such failure shall not be considered a breach of this Agreement, and the Term shall be extended one day for each day after June 30, 2002 that the Company fails to provide the Employee with such notice.
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Notice of Continued Employment. By June 15 the Human Resources Office will send to each employee a notice stating whether or not she/he is expected to be employed by the District during the next school year. Each employee will respond to that notice by indicating in writing whether she/he plans to return to work.
Sample 1
Notice of Continued Employment. If any of Fxxxx Xxxxxx, Mxxxxxx X. Xxxxxxxxx, Txxxxx X. Xxxxxx, Txxxxx X. Xxxx, or any Vice President of the Sellers becomes aware of any regional director or divisional manager, or officer or any other key employee of any Seller, other than the Excluded Employees, that such person does not intend to continue his or her employment or relationship with Seller or with Purchaser after the date of this Agreement or as a result of the transactions contemplated hereby, the Sellers shall give written notice of the same to Purchaser.
Sample 1
Notice of Continued Employment. 92 Notice of continued employment shall be subject to and consistent with law and this Agreement. If 93 any such notice is inconsistent with this Agreement, this Agreement shall control.
Sample 1
Notice of Continued Employment. When any evaluation of a tenured educator or a probationary third or fourth year educator indicates the possibility that the educator may not be recommended for continued employment, the educator shall be so advised in writing with reasons.
Sample 1

Related to Notice of Continued Employment

  • Notice of Termination of Employment 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Notice of Termination for Cause Notice of Termination for Cause shall mean a notice to Executive that shall indicate the specific termination provision in Section 7(c) relied upon and shall set forth in reasonable detail the facts and circumstances which provide a basis for Termination for Cause.

  • Notice of Voluntary Termination Promptly upon the filing thereof, copies of any Form 5310, or any successor or equivalent form to Form 5310, filed with the PBGC in connection with the termination of any Plan.

  • Good Reason Termination Good Reason Termination means a Termination of Employment initiated by Participant that is related to one or more conditions described in subsection (a), and that is subject to the timing, notice and remedy provisions of subsection (b):

  • Voluntary Termination for Good Reason “Voluntary Termination for Good Reason” shall mean the Employee voluntarily resigns after the occurrence of any of the following (i) without the Employee’s express written consent, a material reduction of the Employee’s duties, title, authority or responsibilities, relative to the Employee’s duties, title, authority or responsibilities as in effect immediately prior to such reduction, or the assignment to Employee of such reduced duties, title, authority or responsibilities; provided, however, that a reduction in duties, title, authority or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Senior Vice-President of a business unit of the Company remains as such following a Change of Control) shall not by itself constitute grounds for a “Voluntary Termination for Good Reason;” (ii) without the Employee’s express written consent, a material reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) a reduction by the Company in the base salary of the Employee as in effect immediately prior to such reduction; (iv) a material reduction by the Company in the aggregate level of employee benefits, including bonuses, to which the Employee was entitled immediately prior to such reduction with the result that the Employee’s aggregate benefits package is materially reduced (other than a reduction that generally applies to Company employees); (v) the relocation of the Employee to a facility or a location more than thirty-five (35) miles from the Employee’s then present location, without the Employee’s express written consent; (vi) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 7(a) below; or (vii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee.

  • Termination for Disability If Executive’s employment is terminated due to Disability following a Change in Control, Executive shall receive his Base Salary through the Termination Date, at which time his benefits shall be determined in accordance with Company’s disability, retirement, insurance and other applicable plans and programs then in effect, and Executive shall not be entitled to any other benefits provided by this Agreement.

  • Meaning of Termination of Employment For all purposes of this Agreement, Executive shall be considered to have terminated employment with the Company when Executive incurs a “separation from service” with the Company within the meaning of Section 409A(a)(2)(A)(i) of the Internal Revenue Code; provided, however, that whether such a separation from service has occurred shall be determined based upon a reasonably anticipated permanent reduction in the level of bona fide services to be performed to no more than 25% of the average level of bona fide services provided in the immediately preceding 36 months.

  • Notice of Termination Event Upon the occurrence of a Termination Event, the Company shall deliver written notice to the Purchase Contract Agent, the Collateral Agent and the Securities Intermediary within a reasonable amount of time and to the extent permitted by law.

  • Termination for Good Reason Executive shall have the right at any time to terminate his employment with the Company upon not less than thirty (30) days prior written notice of termination for Good Reason (defined below). For purposes of this Agreement and subject to the Company’s opportunity to cure as provided in Section 4(c) hereof, Executive shall have Good Reason to terminate his employment hereunder if such termination shall be the result of:

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