RETIREMENT AND TERMINATION Sample Clauses

RETIREMENT AND TERMINATION. A. Upon termination of employment, the bargaining unit member shall be paid for all benefits that have accrued to him as of the date of said termination. In the event of the unit member's death, all such benefits shall be paid to his designated beneficiary. B. 1. Upon termination, bargaining unit members who have been in a bargaining position for ten (10) or more years shall receive an additional $63.05 per year of service to Xxxxxxx Public Schools.
AutoNDA by SimpleDocs
RETIREMENT AND TERMINATION. A. Upon termination of employment, the bargaining unit member shall be paid for all benefits that have accrued to him as of the date of said termination. In the event of the unit member's death, all such benefits shall be paid to his designated beneficiary. B. Upon termination, bargaining unit members who have been in a bargaining unit position for ten (10) or more years shall receive $150 for each year of service to Xxxxxxx Public Schools. 1. A bargaining unit member who has 80 or more days of accumulated sick leave at the point of termination shall receive an additional $60 per accumulated sick leave day (Prorated at 35 hours = 1.0 FTE). 2. A bargaining unit member who has 120 or more days of accumulated sick leave at the point of termination shall receive an additional $80 per accumulated sick leave day for the 120 and above in addition to Item 18.B.1. (Prorated at 35 hours = 1.0 FTE). 3. Termination shall be defined as separation for other than just cause as defined in Article 4, Section K. 4. A day for purposes of calculating termination payment is defined in Article 14, Leaves of Absence. C. Any Bargaining unit member who submits an unconditional and irrevocable written resignation to the District on or before 4:00 p.m. on the Friday of the second full week in April (Friday after returning from Spring break) shall be entitled to receive a one-time payment of one thousand two hundred dollars ($1,200) (less employee FICA, tax withholding and other legally required deductions). Any bargaining unit member who submits an unconditional and irrevocable written resignation to the District on or before 4:00 p.m. on the last day of the first semester of the school year shall be entitled to receive a one-time payment of one thousand seven hundred dollars ($1,700) (less employee FICA, tax withholding and other legally required deductions).
RETIREMENT AND TERMINATION. A. A bargaining unit member intending to resign shall provide the Employer with written notice at least two (2) weeks prior to the effective date of said resignation except as mutually agreed otherwise. Should the bargaining unit member be re-employed, he/she shall be considered a new employee. B. Upon termination of employment, the bargaining unit member shall be paid for all vacation days that have accrued to him/her as of the date of said termination, provided that the member has complied with the provisions of A. above. C. In the event of a bargaining unit member's death, any benefits that have accrued to him shall be paid to his designated beneficiary. D. Upon qualifying for retirement under the Michigan Public School Employees Retirement Act, a bargaining unit member shall receive $25.00 per day of unused sick leave (100 days maximum) provided he/she has been in a bargaining unit position for ten (10) or more years.
RETIREMENT AND TERMINATION. At the end of your [number]-year term, subject to satisfactory performance, you may be considered for re-appointment by the Corporation in accordance with the Instrument and Articles. You may resign from the College at any time by giving written notice to the [Clerk/Director of Governance]. The College reserves the right to terminate your appointment with immediate effect by written notice if you accept a position with or acquire interests in another College, without prior approval by the Chair & CEO, which, in their reasonable opinion, is likely to give rise to a material conflict of interest with your position as a governor of the College. If any conflict with your duties as a governor does arise, you should consult the Chair and [Clerk/Director of Governance] immediately. The College may terminate your appointment with immediate effect if you have: committed any serious or repeated breach or non-observance of your obligations to the College (which includes an obligation not to breach your fiduciary duties); or been guilty of any fraud or dishonesty or acted in any manner which, in the opinion of the College, brings or is likely to bring you or the College into disrepute or is materially adverse to the interests of the College; or been declared bankrupt or have made an arrangement with or for the benefit of your creditors, or if you have a county court administration order made against you under the County Court Act 1984 or equivalent legislation; or been disqualified from acting as a governor. On termination of the appointment, you shall only be entitled to the reimbursement of any expenses properly incurred prior to that date. By signing this letter, you consent to the College holding and processing information about you for legal, personnel, administrative and management purposes and in particular to the processing of any sensitive personal data (as defined in the General Data Protection Regulations 2018).
RETIREMENT AND TERMINATION. H.1 When employment is terminated by the nurse she shall give at least two (2) weeks' notice in writing. Where it is necessary for a nurse to terminate employment due to illness, accident, or death in the family, then she shall give notice as soon as is possible to the Employer and the ordinary time limits for notice of termination may be waived.
RETIREMENT AND TERMINATION. 28.01 When employment is terminated by the employee, or the employee retires, she shall give at least two (2) weeks' notice in writing. Where it is necessary for an employee to terminate employment due to illness, accident or death in the family, then she shall give notice as soon as possible to the Home and the ordinary time limits for notice of termination shall be waived.
RETIREMENT AND TERMINATION. (a) All members covered by this Agreement, other than cadets and civilian members, shall be required to retire on the anniversary of their sixtieth (60th) year. All cadets and civilian employees covered by this Agreement shall be required to retire on the anniversary of their sixty-fifth (65th) year. It is agreed, however, that the Board may temporarily rehire superannuated personnel at the Board’s discretion, on the understanding that such rehiring will not prejudice promotions which would normally result from retirement on Superannuation. (b) After five (5) years’ continuous service, unless employment is terminated for cause, an allowance equivalent to twelve (12) hours pay for each completed year of service will be paid.
AutoNDA by SimpleDocs
RETIREMENT AND TERMINATION. 1. A bargaining unit member intending to resign shall provide the Employer with written notice at least two (2) weeks prior to the effective date of said resignation except as mutually agreed otherwise. Should the bargaining unit member be re-employed, he/she shall be considered a new employee.
RETIREMENT AND TERMINATION. 19.1 When either the employer or the employee desires to terminate employment one (1) month’s written notice is required to be given to the other, by the party terminating the employment, prior to the termination date.
RETIREMENT AND TERMINATION. 8.1. During the course of your appointment, your performance will be subject to 360-degree appraisals, which you agree to participate in. Continuation of your appointment is contingent on your continued satisfactory performance and re-appointment by the members as required by the Articles. If the members do not re-appoint you as a director in accordance with the Articles your appointment shall terminate automatically and with immediate effect. 8.2. You may resign from the Company at any time by giving written notice to the Chair. 8.3. The Company reserves the right to terminate your appointment with immediate effect and without payment of compensation by written notice if you accept a position with or acquire interests in another company, without prior Board approval, which, in the Board's reasonable opinion, is likely to give rise to a material conflict of interest with your position as a director of the Company. If any conflict with your duties as a director does arise, you should consult the Board immediately. 8.4. The Company may terminate your appointment with immediate effect if you have: 8.4.1. committed any serious or repeated breach or non-observance of your obligations to the Company (which includes an obligation not to breach your fiduciary duties); or 8.4.2. been guilty of any fraud or dishonesty or acted in any manner which, in the opinion of the Company, brings or is likely to bring you or the Company into disrepute or is materially adverse to the interests of the Company; or 8.4.3. been declared bankrupt or have made an arrangement with or for the benefit of your creditors, or if you have a county court administration order made against you under the County Court Act 1984 or equivalent legislation; or 8.4.4. been disqualified from acting as a director. 8.5. On termination of the appointment, you shall only be entitled to accrued fees as at the date of termination, together with the reimbursement of any expenses properly incurred prior to that date.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!