RELOCATION UPON TERMINATION OF EMPLOYMENT Sample Clauses

RELOCATION UPON TERMINATION OF EMPLOYMENT. Upon termination of Executive's employment by the Company pursuant to Section 5(c), (d) or (e), Executive shall recover all benefits to which he is entitled under the Company's relocation policy and will be entitled to the following additional benefits (to the extent such benefits are not provided by the Company's relocation policy): (i) reimbursement of actual travel and temporary living expenses for a period not to exceed three months (grossed up to cover standard withholdings for tax and social security purposes) to cover associated costs relating to temporary living expenses in the Williams, Oregon area and (ii) the reimbursement of actual costs incurred in transporting household goods to the Williams, Oregon area and expenses incidental to the sale of Executive's residence in the Chicago, Illinois area.
Sample 1
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RELOCATION UPON TERMINATION OF EMPLOYMENT. An FDA pilot whose employment with the Company is terminated due to retirement, voluntary resignation, or disciplinary discharge (for misconduct other than that described in Section 0 .X .0 .x .xx . of the basic Agreement) shall be eligible for the same return relocation benefits that he would be eligible for if he was relocating from the FDA as a result of an award to a new crew position . If an FDA pilot’s employment with the Company is terminated due to misconduct described in Section 0 .X .0 .x .xx . of the basic Agreement, the terms and conditions of that provision shall apply, regardless of whether the pilot elected the Enhanced Option or the Existing CBA Option at the beginning of his assignment to the FDA .
Sample 1

Related to RELOCATION UPON TERMINATION OF EMPLOYMENT

  • Compensation Upon Termination of Employment If the Executive’s employment hereunder is terminated, in accordance with the provisions of Article III hereof, and except for any other rights or benefits specifically provided for herein to be effective following the Executive’s period of employment, the Company will provide compensation and benefits to the Executive only as follows:

  • Benefits Upon Termination of Employment If the Executive is entitled to benefits pursuant to this Section 2, the Company agrees to pay or provide to the Executive as severance payment, the following:

  • Severance Compensation upon Termination of Employment If the Company shall terminate the Executive’s employment other than pursuant to Section 5(a), (b) or (c) or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive as severance pay in a lump sum, in cash, on the fifth day following the Date of Termination, an amount equal to three (3) times the average of the aggregate annual compensation paid to the Executive during the three (3) fiscal years of the Company immediately preceding the Change of Control by the Company subject to United States income taxes (or, such fewer number of fiscal years if the Executive has not been employed by the Company during each of the preceding three (3) fiscal years).

  • Payments Upon Termination of Employment (a) If Executive's employment with the Company is terminated by reason of:

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Rights Upon Termination of Employment The terms which regulate the treatment of the International Participant's Restricted Stock Units upon termination of employment are set out in the Plan and in the Award Documents. In summary, upon the International Participant's termination of employment for any reason other than death, Disability or Retirement, any unvested Restricted Stock Units shall be forfeited and cancelled on the date of such termination of employment.

  • Compensation and Benefits Upon Termination of Employment (a) If the Company shall terminate the Executive's employment after a Change in Control other than pursuant to Section 3(b), 3(c) or 3(d) and Section 3(f), or if the Executive shall terminate his employment for Good Reason, then the Company shall pay to the Executive, as severance compensation and in consideration of the Executive's adherence to the terms of Section 5 hereof, the following:

  • Other Termination of Employment In the event of your voluntary termination (other than a Retirement subject to Section 2(c) or a Qualifying Termination subject to Section 2(f)), or termination by the Company or a subsidiary of the Company for misconduct or other conduct deemed by the Company to be detrimental to the interests of the Company or a subsidiary of the Company, you shall forfeit all unvested RSUs on the date of termination.

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

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