Suspension from Participation in the Plan Sample Clauses

Suspension from Participation in the Plan. 17.6.1 Upon written notice to the employer, a participant may suspend participation in the plan:
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Suspension from Participation in the Plan a. Notice to Suspend A participant may on one occasion while they are participating in the Plan give notice to the Board stating that the participant wishes to suspend their participation in the Plan for a period of one year as at September 1 which immediately follows such notice, in which case the Board shall pay the current compensation amount to the Participant as if they were not participating in the Plan for such year, but the amounts previously retained by the Board and interest thereon in accordance with Clause 19.3.c (but less all interest paid to the Participant in accordance with Clause 19.4.e) shall continue to be held by the Board until the participant withdraws from the Plan or takes a leave of absence.
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Suspension from Participation in the Plan. Upon written notice to the employer, a participant may suspend participation in the plan: upon taking an unpaid leave of absence; or within the first year of becoming a recipient of long-term disability benefits. Should the cause for suspending participation cease to exist the participant shall be re-instated upon returning to active employment. Any suspension of participation shall not extend the deferral period beyond six (6) years.
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Suspension from Participation in the Plan. Notice to Suspend
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Suspension from Participation in the Plan. Upon written notice to the Institute, an employee may suspend participation in the Plan Institute in the following events:
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Suspension from Participation in the Plan. The Participant may on one occasion while he/she is participating in the plan give notice to the Board stating that he/she wishes to suspend participation in the plan for a period of twelve months as at the anniversary date of enrolment in the plan which immediately follows such notice, in which case the Board shall pay the Current Compensation Amount to the Participant as if he/she were not participating in the plan for such year. The Deferred Compensation shall continue to be held by the Board until the Participant withdraws from the plan or takes the leave of absence. Suspension of participation under section 5.1 above shall not change the year established for the leave of absence. If the Participant has given notice in accordance with section 5.1 above, the Participant’s participation in the plan shall be re-instated commencing on the first of the month which immediately follows the twelve months in which his/her participation had been suspended.
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Suspension from Participation in the Plan. Under certain circumstances, as stated under the Terms and Conditions of the Deferred Salary Leave Plan, I may suspend participation in the salary deferral program on one occasion only for a period of up to twelve (12) months. 5.
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Suspension from Participation in the Plan 
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Related to Suspension from Participation in the Plan

  • Eligibility for Group Participation This section describes eligibility to participate in the Group Insurance Program.

  • Participation in the SRS 15. Parents who choose not to participate in the SRS are responsible for providing their student with all items that would otherwise be provided by the SRS to enable their student to engage with the curriculum.

  • DETERMINATION OF DBE PARTICIPATION A firm must be an eligible DBE and perform a professional or technical function relating to the project. Once a firm is determined to be an eligible DBE, the total amount paid to the DBE for work performed with his/her own forces is counted toward the DBE goal. When a DBE subcontracts part of the work of its contract to another firm, the value of the subcontracted work may be counted toward DBE goals only if the subprovider is itself a DBE. Work that a DBE subcontracts to a non-DBE firm does not count toward DBE goals. A DBE subprovider may subcontract no more than 70% of a federal aid contract. The DBE subprovider shall perform not less than 30% of the value of the contract work with assistance of employees employed and paid directly by the DBE; and equipment owned or rented directly by the DBE. DBE subproviders must perform a commercially useful function required in the contract in order for payments to be credited toward meeting the contract goal. A DBE performs a commercially useful function when it is responsible for executing the work of the contract and is carrying out its responsibilities by actually performing, managing, and supervising the work involved. To perform a commercially useful function, the DBE must also be responsible, with respect to materials and supplies used on the contract, for negotiating price, determining quality and quantity, ordering the material, and installing (where applicable) and paying for the material itself . When a DBE is presumed not to be performing a commercially useful function, the DBE may present evidence to rebut this presumption. A Provider may count toward its DBE goal a portion of the total value of the contract amount paid to a DBE joint venture equal to the distinct, clearly defined portion of the work of the contract performed by the DBE. Proof of payment, such as copies of canceled checks, properly identifying the Department’s contract number or project number may be required to substantiate the payment, as deemed necessary by the Department.

  • Termination of Participation If the Administrator determines in good faith that the Executive no longer qualifies as a member of a select group of management or highly compensated employees, as determined in accordance with ERISA, the Administrator shall have the right, in its sole discretion, to cease further benefit accruals hereunder.

  • Employee Participation 23.1 The parties to this Agreement accept that change in the Health Service is necessary in order to ensure the efficient and effective delivery of health services.

  • PARTICIPATION IN SIMILAR ACTIVITIES This agreement in no way restricts the U.S. Forest Service or from participating in similar activities with other public or private agencies, organizations, and individuals.

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