Termination and Retirement. All active participants terminate two years after the valuation date, or immediately, if that produces a higher liability. Benefit payments begin at the earliest retirement date following termination.
Termination and Retirement a. At any time during your employment, either the Employer or Employee shall be entitled to terminate the employment subject to the notice period set forth below. The Employee may terminate the employment by giving 60 (Sixty) day’s written notice or 2 (Two) month’s salary which is based on annual fixed compensation, in lieu of notice to the Employer. The Employer may terminate the employment by giving 60 (Sixty) day’s written notice or 2 (Two) month’s salary which is based on annual fixed compensation, in lieu of notice to the Employee, subject to the release date being approved by the Employer. During the notice period, the Employee shall cooperate with the Employer in ensuring smooth transition and handover of responsibilities failing which the Employer shall be authorized to withhold/forfeit your dues.
Termination and Retirement. An employee who retires from City service shall receive an additional retirement plan contribution that is equal to fifty percent (50%) of the cash value in wages of all accrued sick leave. An employee shall be considered to have retired from City service only if he or she begins receiving Social Security retirement (not disability) benefits upon termination of City employment, or if he or she has thirty (30) or more years of service with the City.
Termination and Retirement. 14:01 An SSP may terminate employment with the Board at any time. An SSP shall be expected to give ten
Termination and Retirement. The normal retirement age shall be (65). In exceptional circumstances, the Chief Administrative Officer may, in the interest of the City, recommend to the Council for approval, extension of the retirement age provided that not more than one (1) year extension shall be granted at any one time, and that in no case shall any extension be granted beyond the employee's seventieth (70t birthday.
Termination and Retirement. Employees terminating with more than twelve (12) months of Hospital service will receive payment for unused accrued Earned Time at their then regular rate of pay, (see Article XXIV, Section 4). Earned Time may not be used to extend the termination date beyond the last actual day of work. The employee’s department may deny payment of Earned Time during the final four (4) weeks of employment. Employees terminated for misconduct will forfeit accrued Earned Time.
Termination and Retirement. (a) If Executive shall die during --------------------------- the Employment Period, this Agreement shall terminate, except that (i) Executive's surviving spouse or, if none, his estate, shall be entitled to receive Executive's compensation (including bonus) to the last day of the third calendar month following the date of his death; and (ii) such termination shall not affect any rights which Executive may have at the time of his death pursuant to any insurance or other death benefit, retirement, stock option or other plans or arrangements of the Company or of any subsidiary or affiliate of the Company, which rights shall continue to be governed by the provisions of such plans and arrangements.
Termination and Retirement. 15.1 This Agreement may be terminated by either party with six (6) months’ written notice. Notice must be given to expire at the end of a month.
Termination and Retirement. 17 - 11.1. Term of Agreement.............................................- 17 - 11.2. Extended Term.................................................- 17 - 11.3. Termination by OSMC II for Cause..............................- 17 - 11.4. Termination by SCN for Cause..................................- 18 - 11.5. Termination by Physician Owners...............................- 19 - 11.6. Closing of Purchase by OSMC II and Effective Date of Termination...............................- 20 - 11.7. Tail Policy...................................................- 20 - ARTICLE XII.
Termination and Retirement. 9 - 9.1. Term of Agreement..............................................................................- 9 - 9.2. Extended Term.................................................................................- 10 - 9.3. SCN Events of Default.........................................................................- 10 - 9.4. GCOA Events of Default........................................................................- 10 - 9.5. GCOA's Remedies...............................................................................- 10 - 9.6. Security for Unearned Management Services Fee.................................................- 10 - 9.7. SCN's Remedies................................................................................- 11 -
