Standing Down of Employee Sample Clauses

Standing Down of Employee. Notwithstanding anything else contained in this Agreement, the employer shall have the right to deduct payment for any day or part of a day on which an employee cannot be usefully employed because of any strike or through any stoppage of work by any cause for which the employer cannot be responsibly held responsible. This does not break the continuity of employment for the purpose of any entitlement.
Sample 1
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Standing Down of Employee. (a) Notwithstanding anything elsewhere contained in this clause: (i) The Company shall have the right to deduct payment for any day an employee cannot be usefully employed because of a strike or through any breakdown in machinery or any stoppage of work for any cause for which the Company cannot reasonably be held responsible. (ii) Where the Company by reason of the failure or shortage of electric power, is unable to carry on its undertaking during all the working hours of the day, may deduct from the wages of an employee payment for any part of a day in excess of 20 minutes such employee cannot be usefully employed. (iii) In the event of a stand down situation arising, which is provided for by this agreement, a majority of employees and the Company may agree that each employee choosing to do so may work make up time, up to the number of hours of work lost as a result of the stand down, at the rate which would have been applicable to the hours lost. Such make up time hours must be worked within seven days of the end of the stand down which led to the loss of working hours. (iv) No employee may be required by the Company to agree to work such make up time and, in the absence of an agreement by an employee to do so, the usual overtime and penalty rates applicable under this agreement shall apply to work required to be performed by such employees. (v) Provided that an employee who is required to attend for work on any day but for whom, for the reason abovementioned, no work is provided shall be entitled to two hours’ pay and provided further that where an employee commences work he or she shall be entitled to be provided with four hours’ employment or failing which be entitled to be paid as for four hours’ work.
Sample 1

Related to Standing Down of Employee

  • Suspension of Employment If the Employee is suspended and/or temporarily prohibited from participating in the conduct of the Bank's affairs by a notice served under Section 8(e)(3) or (g)(1) of the FDIA (12 U.S.C. 1818(e)(3) and (g)(1)), the Bank's obligations under the Agreement shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank shall, (i) pay the Employee all or part of the compensation withheld while its contract obligations were suspended and (ii) reinstate any of its obligations which were suspended.

  • Duration of Employment 5.1 A seafarer shall be engaged for the period specified in Appendix 1 to this Agreement and such period may be extended or reduced by the amount shown in Appendix 1 for operational convenience. The employment shall be automatically terminated upon the terms of this Agreement at the first arrival of the ship in port after expiration of that period, unless the Company operates a permanent employment system.

  • Termination of Employment; Change in Control (i) For purposes of the grant hereunder, any transfer of employment by the Optionee among the Corporation and the Subsidiaries shall not be considered a termination of employment. Except as set forth below in this Section 4(c)(i), if the Optionee's employment with the Corporation shall terminate for any reason, (a) the Option (to the extent then vested) may be exercised at any time within ninety (90) days after such termination (but not beyond the Term of the Option) and (b) the Option, to the extent not then vested, shall immediately expire upon such termination. Notwithstanding the foregoing, (a) if the Optionee's employment with the Corporation is terminated for Cause (as defined in the last Section hereof), the Option, whether or not then vested, shall be automatically terminated as of the date of such termination of employment, (b) if the Optionee's employment terminates by reason of Retirement, the termination of the Optionee's employment by the Company other than for Cause, or the termination of the Optionee's employment by the Optionee for Good Reason (as defined in the last Section hereof), the Option shall remain exercisable for three years from the date of such termination of employment (but not beyond the Term of the Option) and (c) if the Optionee dies or becomes Disabled (A) while employed by the Corporation or (B) within 90 days after the termination of his or her employment (other than a termination described in clause (a) or (b) of this sentence), the Option may be exercised at any time within one year after the Optionee's death or Disability (but not beyond the Term of the Option). (ii) If the Optionee's employment terminates by reason of death, Disability, Retirement, the termination of the Optionee's employment by the Company other than for Cause, or the termination of the Optionee's employment by the Optionee for Good Reason, the Option shall become fully and immediately vested and exercisable. In the event of a Change in Control (as defined in the last Section hereof), the Option shall immediately become fully vested and exercisable.

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Termination of Employment Period The Agreement Term shall terminate upon the occurrence of any of the following:

  • Separation of Employment (a) If an employee is discharged he shall be paid in full for all monies owing him on the date of his discharge. If an employee quits the Employer may withhold payment for five (5) calendar days. (b) The Employer shall give a Record of Employment Certificate to any employee who separates from employment for at least seven (7) days for any reason within five (5) days of the last day worked, or terminates.

  • Compensation of Employee Employer shall pay Employee, and Employee shall accept from Employer, in full payment for Employee's services hereunder, compensation as follows:

  • Qualifying Termination of Employment A “Qualifying Termination of Employment” shall mean a termination of Executive’s employment during the Protected Period either (a) by the Company other than for Cause or (b) by Executive for a Good Reason. The Executive’s death or Disability during the Protected Period shall not constitute a Qualifying Termination of Employment.

  • Location of Employment The Executive's principal place of business shall continue to be at the Company's headquarters to be located within thirty (30) miles of Doylestown, Pennsylvania; provided, that the Executive acknowledges and agrees that the performance by the Executive of his duties shall require frequent travel including, without limitation, overseas travel from time to time.

  • TERMINATION OF EMPLOYMENT CONTRACT This employment contract may be terminated by: A. Mutual agreement of the parties. B. The Facilities Manager may terminate this employment contract upon sixty (60) days written notice to the Board or the Superintendent, as the case may be.

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