Termination, Discharge or Layoff Sample Clauses

Termination, Discharge or Layoff. (a) In the event that an Employee covered by this Agreement ceases to be an Employee of the Employer by reason of layoff, the Employee shall be paid all his wages and holiday pay earned by the Employee as follows: If the job is in the same area where the firm is established or where a payroll department is set up, then the Employee shall be paid no later than one (1) working day after he ceases to be an Employee. If the job is not in the same area where the firm is established or there is no payroll set up, then the Employee shall be paid, or the Employer shall mail all accrued wages by registered mail to an address designated by the Employee not later than forty-eight (48) hours (two (2) business days) after he ceases to be an Employee.
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Termination, Discharge or Layoff. In the event that an Employee covered by this Agreement ceases to be an Employee of the Employer by reason of layoff or termination, the Employee shall be paid all his wages, salary and holiday pay earned by the Employee as follows:
Sample 1

Related to Termination, Discharge or Layoff

  • Obligations Following Termination If a Non-Defaulting Party terminates this Agreement pursuant to this Section 13(b), then following such termination, Seller shall, at the sole cost and expense of the Defaulting Party, remove the equipment (except for mounting pads and support structures) constituting the System. The Non-Defaulting Party shall take all commercially reasonable efforts to mitigate its damages as the result of a Default Event.

  • Termination of the Lease In terminating the Lease, the following procedures shall be followed by the Authority and Tenant:

  • Termination Upon Sale Notwithstanding anything to the contrary contained herein, a Party may terminate its obligations under this Agreement as to a specific operating area or portion thereof if such Party sells or otherwise transfers the area or portion thereof to a non-Affiliate in compliance with the terms and conditions of this Agreement. The selling or transferring Party shall provide the other Party with at least sixty (60) Days prior written notice of such termination, which shall be effective on the date specified in the notice. Notwithstanding termination of this Agreement as to a specific operating area, this Agreement shall remain in full force and effect in the remaining operating areas.

  • Termination Upon Breach Either the Corporation or the Consultant may terminate this Agreement in the event of the breach of any of the material terms or provisions of this Agreement by the other party, which breach is not cured within 10 business days after notice of the same is given to the party alleged to be in breach by the other party.

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

  • TERMINATION OF THE MOU Either Party may terminate this MOU through written notice to the other party given not later than the last calendar day in December and to be effective for the ensuing academic fall semester. In the event of termination, the School District, School and College will prepare an agreeable plan of dissolution in accordance with all Applicable Laws to be submitted and approved by the authorized representatives from both Parties as listed herein.

  • Following Termination 10.2.1 the Parties will agree the procedure for administering the Insurance Business current at the time of termination;

  • Default Termination a. In the event that the Property has been sold contrary to or any person bids in contravention of the provisions in Clause 4 above, then such sale shall be cancelled and become null and void and of no further effect wherein all monies paid by the Purchaser hitherto including the Deposit shall be forfeited absolutely and immediately.

  • Termination or Abandonment Notwithstanding anything contained in this Agreement to the contrary, this Agreement may be terminated and abandoned at any time prior to the Effective Time, whether before or after any approval of the matters presented in connection with the Merger by the stockholders of the Company:

  • Termination of Default An Event of Default shall be deemed to have been terminated upon the earliest to occur of:

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