Separation Incentive Sample Clauses

Separation Incentive. Subd. 1.
AutoNDA by SimpleDocs
Separation Incentive. A Court Reporter who elects to separate at the same time as their Appointing Authority and has worked for the Appointing Authority for at least two (2) years immediately preceding separation shall receive a separation incentive of one and one half (1.5) times the applicable paid notice period in 21.3 A. The payment shall be made in a lump sum of up to $30,000. For Court Reporters who receive State Benefits, one hundred percent (100%) of the payment shall be placed in their Health Care Savings Plan Account. For Reporters who receive County Benefits, at the selection of the Court Reporter, the payment shall be paid as a taxable cash payment, less applicable deductions, or put into the Employee’s deferred compensation account. Court Reporters who take this incentive may not be employed as an Employee of the Minnesota Judicial Branch for five (5) years following the date of separation. The job search and reassignment availability requirements in Article 21.3 A. shall not apply to Court Reporters taking advantage of the incentive. A pool of $100,000 per fiscal year will be available to fund separation incentives of Employees. The Employer may elect to exceed this pool pending availability of funds.
Separation Incentive. Provided that before May 22, 2015 (the “Severance Payment Date”), Employee timely signs this Agreement, returns the Agreement and does not revoke the Agreement as further set forth in paragraph 4 below, and provided Employee has complied with his obligations as set forth in paragraph 5(e) below, Employee will be entitled to the following benefits (the “Separation Incentive”):
Separation Incentive. All payments due under Article XV of the collective bargaining agreement between the School District and the Association shall be made as an Employer Non-elective Contribution to the 403(b) account of each covered employee in accordance with the terms and conditions of this Agreement and Article XV of the CBA. The Employer Non-Elective Contribution in the calendar year of retirement shall be made within 30 days immediately following the memberseffective date of separation from the district.
Separation Incentive. Full time members of the bargaining unit, who are eligible to do so may elect to participate in one of the following Separation Incentive Plans:
Separation Incentive. Novelis agrees to: (a) reimburse the Employee for (i) closing fees and real estate commissions (grossed up for tax), and the physical move to South Carolina, but does not include the one month miscellaneous payment, and (ii) normal company treatment on Georgia home sale process, (b) amend the application of the Change of Control agreement to permit the 36 month Special Termination Indemnity payments to be paid in one full and final present value payment and (c) amend the application of the non-qualified Pension Plan for Officers to permit a one time present value payment as full and final settlement of this pension plan.
Separation Incentive. It is recognized that the employment separation is unplanned and has significant impact on U.S. Immigration status. In consideration, Novelis will provide:
AutoNDA by SimpleDocs
Separation Incentive. Novelis agrees to reimburse the Employee for (a) customary closing fees and real estate commission (grossed up for tax), physical moving to Florida (or some portion of household effects elsewhere in North America ie. Belleville Ontario), does not include the one month misc payment, and (b) Normal company treatment on Georgia home sale process subject to Employee best efforts in selling the Duluth, GA domicile.
Separation Incentive. The District offers active KTA Teachers who are not eligible to retire pursuant to the NYSTRS and who are on step 12 or higher as of the 2014-15 school year, who resign as of July 1st and submit an irrevocable letter of resignation to the district by May 1, 2015 2015 or by February 1, 2016 for the 2015-16 school year, the following benefit:
Separation Incentive. Separation Incentive Payment
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!