SALARY AND BENEFITS TO TERMINATION Sample Clauses

SALARY AND BENEFITS TO TERMINATION. 1.1The Employee [will be OR has been] paid his/her salary and has received his/her contractual benefits up to and including the Termination Date less PAYE deductions for income tax and employee national insurance contributions. [The Company [has deducted OR shall deduct] from the final salary payment any outstanding sums due from the Employee to [the Company OR any Group Company].]
Sample 1
AutoNDA by SimpleDocs
SALARY AND BENEFITS TO TERMINATION. The Employee [will be OR has been] paid his/her salary and has received his/her contractual benefits up to and including the Termination Date less PAYE deductions for income tax and employee national insurance contributions. [The Company [has deducted OR shall deduct] from the final salary payment any outstanding sums due from the Employee to [the Company OR any Group Company].] The Company [shall make OR has made] a payment to the Employee in respect of [NUMBER] of days' outstanding holiday, up to and including the Termination Date less PAYE deductions for income tax and employee national insurance contributions. The Company [shall make OR has made] a payment to the Employee in lieu of [NUMBER] [weeks' OR months'] notice pursuant to [CLAUSE NUMBER] under his employment contract less PAYE deductions for income tax and employee national insurance contributions. [The Employee will be reimbursed all outstanding expenses amounting to £[insert amount] in respect of fuel expenditure and business travel expenses provided that the Employee provides legitimate receipts for those expenses in accordance with the Company's expense policy].
Sample 1
SALARY AND BENEFITS TO TERMINATION. The Employee [will be OR has been] paid his/her salary and has received his/her contractual benefits up to and including the Termination Date less PAYE deductions for income tax and employee national insurance contributions. [The Company [has deducted OR shall deduct] from the final salary payment any outstanding sums due from the Employee to [the Company OR any Group Company].] The Company [shall make OR has made] a payment to the Employee in respect of [NUMBER] of days' outstanding holiday, up to and including the Termination Date less PAYE deductions for income tax and employee national insurance contributions. The Company [shall make OR has made] a payment to the Employee in lieu of [NUMBER] [weeks' OR months'] notice pursuant to [CLAUSE NUMBER] under his employment contract less PAYE deductions for income tax and employee national insurance contributions. [The Employee will be reimbursed all outstanding expenses amounting to £[insert amount] in respect of fuel expenditure and business travel expenses provided that the Employee provides legitimate receipts for those expenses in accordance with the Company's expense policy.] TERMINATION PAYMENT Provided that the Employee has complied with the Employee's obligations under this Agreement, within 14 days of the latest of (i) the Termination Date, (ii) receipt by the Company's Solicitors of the signed Adviser's Certificate and (iii) receipt by the Company's Solicitors of this Agreement duly signed by the Employee, the Company shall pay to the Employee the following sums (the "Termination Payment"):- [£..................] as compensation for loss of employment, which is made without admission of liability; a statutory redundancy payment amounting to [£................] (the "Redundancy Payment"); and [£.......................] as compensation for hurt feelings, stress and settlement of the tribunal claim. and the Employee acknowledges that no other payments or benefits of any kind are due from the Company or any Associated Company except as provided for in this Agreement. The Company and the Employee understand that sections 401 to 403 of the Income Tax (Earnings and Xxxxxxxx) Xxx 0000 apply so that [insert amount up to £30,000] the Termination Payment can be paid without deductions for income tax or national insurance contributions. [The balance of the Termination Payment will be paid subject to PAYE deductions for income tax and national insurance contributions]. [PENSION The Company shall notify the trust...
Sample 1

Related to SALARY AND BENEFITS TO TERMINATION

  • Salary and Benefits During the term of this Agreement:

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • Benefit Termination Any employee terminating employment shall be entitled to receive the District insurance contribution for the remainder of the calendar month in which the contribution is effective. In cases where separation occurs after completion of the employee’s full contract obligation (i.e. the end of the school/work year), benefit coverage will continue through August 31 of that year.

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Severance Termination (a) Subject to 56.7 above, indeterminate employees on 4 June 2014 shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred sixty-five (365), to a maximum of thirty (30) weeks.

  • Employee Termination A) Regular employees other than those serving a probationary period, shall give twenty-eight (28) calendar days written notice of termination to a representative designated by the Employer with the authority to accept such written notice.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!