Term Certain. A term certain position is a position with a fixed start and a fixed or anticipated ending date.
Term Certain. Xxxxx mean an Employee who is appointed to a position that is greater than sixty (60) working days and has a definite time period of appointment not to exceed twenty (20) months. A term-certain Employee may be either full-time or part-time.
Term Certain. A retirement allowance of lesser amount, payable to the Member for their life and in the event of their death within a period of 5, 10 or 15 years after their retirement (whichever period shall be specified by the Member in their election, and provided that such period shall not exceed the maximum period permitted under applicable Treasury regulations issued under section 401(a)(9) of the Internal Revenue Code), the same lesser amount shall be payable for the remainder of such period to a survivor designated by such Member. If the last designated beneficiary under this option is not alive at the time of the Member’s death, the balance of the payments for the specified term, if any, commuted to a lump sum on the basis of an interest rate of 3% per annum, compounded annually, is paid to the Member’s estate; if the last designated beneficiary survives the Member but dies before receiving the entire balance of the payments, the part of the balance still unpaid commuted to a lump sum on the basis of an interest rate of 3% per annum, compounded annually, shall be paid to such beneficiary’s estate.
Term Certain. As the execution of this Agreement triggers the reallocation of M4E’s staff and resources, the Company may not terminate or cancel this Agreement prior to the expiration of the Term set forth in Section 13(a) herein.
Term Certain i. Full-time term-certain appointments may be made to replace full-time regular faculty on professional leave or leave of absence, for programs whose ongoing enrolment is uncertain, or for programs that have not been permanently funded or given ongoing approval by the Alberta Government Ministry responsible for Post-Secondary institutions. Full- time term-certain appointments may be made for other reasons only with the approval of the Xxxx.
Term Certain. Faculty Members whose appointment extends beyond two academic years or longer may participate in the Peer Observation and Feedback process.
Term Certain. Subject to the provisions of Section 4.10, payment of the vested accrued benefit to him in approximately equal monthly installments over a whole number of years not exceeding the life expectancy of the participant or the joint life expectancy of the participant and his designated beneficiary.
