Severance Eligibility. Only employees who (a) where hired prior to July 1, 1999, and (b) who did not elect to participate in the Deferred Compensation Matching Program (see Section 13.6) will be eligible to participate in the District’s Severance Pay Program Subject to M.S. 465.72. Full-time School Nutrition personnel who have completed at least twenty (20) years of continuous service with the District who are at least fifty-five (55) years of age shall be eligible for severance pay, pursuant to the provisions of this Article upon submission of a written resignation accepted by the School Board. Severance pay shall not be granted to any employee who is discharged for cause by the District.
Severance Eligibility. The job sharing agreement shall contain a statement regarding severance eligibility.
Severance Eligibility. To be eligible for the severance package outlined below, employees must meet all the conditions listed below:
Severance Eligibility. The employee will in no event qualify for severance pay upon leaving the employ of the District.
Severance Eligibility. Subject to the other provisions of this Agreement, upon termination of your employment, the Company shall pay your base salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination, less standard deductions and withholdings (the “Accrued Obligations”). In addition, you will be eligible for the following severance benefits if your employment is terminated under the circumstances described below. If the Company terminates your employment without Cause (as defined below) or if you terminate your employment for Good Reason (as defined below) and provided such termination constitutes a “Separation from Service” (as defined under U.S. Treasury Regulation Section 1.409A-1(h), without regard to any alternative definition thereunder) and such termination is not as a result of your death or Disability, then in addition to the Accrued Obligations, you will be eligible to receive the following benefits:
Severance Eligibility. An employee who has completed five (5) or more years of continuous service with the Board shall be eligible to receive, at the time of retirement or separation from the Board, a cash payment for accumulated but unused sick leave.
Severance Eligibility. Any current Employees (a) who are not entitled to severance, change in control, or other payments at or in connection with Closing under the Compensation Plans set forth in Schedule 3.1.16(c) or otherwise, and (b) are not offered a position by GBCI or continued to be employed by Glacier Bank on the date that is one year following the Effective Date will receive severance payments in accordance with Glacier Bank’s severance policy in effect at the Closing on the basis of the number of years of prior service with AB and the Bank, at the expense of GBCI.
Severance Eligibility. Associate shall be eligible to receive Severance if within THREE HUNDRED SIXTY FIVE (365) days following a Change of Control (i) Associate’s position is eliminated, (ii) Associate is terminated without Cause, or (iii) Associate resigns for Good Reason, and Associate signs and does not revoke a standard Separation and Release Agreement.
Severance Eligibility. Employees terminated as a direct result of a Processing Department closure will be eligible for 1½ weeks of pay at their regular hourly wage rate of pay for each year of service to a maximum of 30 years of service as of the closure date. Severance will be prorated to include full months of completed employment up to the time of closure.
Severance Eligibility. For 20 years or until the employee reaches the age of 65, whichever is less, the loss of severance eligibility, for the time worked at CCC. The net present value of the combined vacation and severance eligibility loss will be calculated based on the current rate of long-term guaranteed income certificates offered by Canada's principal banks for investments of this magnitude. The above calculations, subject to the proper amounts withheld relating to income tax, Canada Pension Plan and Employment Insurance, will be paid to the transferred employee as compensation for the loss of vacation and severance eligibility. MEMORANDUM OF UNDERSTANDING #3 PAY EQUITY SETTLEMENT The July 28, 1998 decision of the Canadian Human Rights Tribunal in the pay equity complaint between the Public Service Alliance of Canada and Treasury Board applies to Schedule I employers under the Public Service Staff Relations Act; irrespective the Parties, to the extent possible, desire to minimize any historical disadvantage between employees of the Corporation and those employees similarly situated in the Public Service. In the six month period following ratification, the Parties therefore agree to employ their best efforts to attempt to secure funding from Treasury Board Secretariat or other sources for the purposes of implementing a pay equity settlement for those classifications of employees who received retroactive entitlements pursuant to the above decision. In the event that funds are secured from Treasury Board or other sources for this purpose, the Parties agree to meet and discuss the timing and distribution of such funds. Should the employer learn in writing or otherwise that it will not be able to disburse funds from Treasury Board or other sources, it will so inform the union in the 15 days following. This Memorandum is without prejudice to the position of the Parties and the rights of the Union to pursue remedies in other forums. The Union also agrees that it shall not initiate legal or paralegal action in other forums during the life of this Memorandum. This Memorandum may be extended by mutual consent. MEMORANDUM OF UNDERSTANDING #4 NOVEMBER 11TH DESIGNATED PAID HOLIDAY Upon written request and subject to operational requirements, an employee may elect to work at regular rates and hours on the November 11th Designated Paid Holiday referred to in Article B-3, and take this entitlement as a paid holiday in the period November 6th to January 2nd. Employees must make their reque...
