Termination of Employment - General. Employees or the Company may terminate employment by the giving of the following notice:
Termination of Employment - General. The Company may terminate the Executive’s employment hereunder for any reason during the Term, and the Executive may voluntarily terminate his employment hereunder for any reason during the Term, upon not less than thirty (30) days’ prior notice to the other Party (the date on which the Executive’s employment terminates for any reason is herein referred to as the “Termination Date”). Upon the termination of the Executive’s employment with the Company for any reason, the Executive shall be entitled to (i) payment of any Base Salary earned but unpaid through the date of termination, (ii) in the event of termination for retirement, death, Disability or a Qualifying Termination, earned but unpaid Annual Bonus for the calendar year completed prior to the Termination Date to the extent provided for, and in accordance with, the terms of the Executive Incentive Plan or applicable successor plan thereto and subject to the satisfaction of the applicable performance criteria, (iii) in the event of a termination for retirement, death, Disability or a Qualifying Termination, a pro-rata Annual Bonus for the calendar year in which the Termination Date occurs, to the extent provided for, and in accordance with, the terms of the Executive Incentive Plan or applicable successor plan thereto and subject to the satisfaction of the applicable performance criteria, (iv) unused vacation days (consistent with Section 2.5 hereof) paid out at the per-business-day Base Salary rate, (v) additional vested benefits (if any) in accordance with the applicable terms of applicable Company arrangements and (vi) any unreimbursed expenses in accordance with Section 2.6 hereof (collectively, the “Accrued Amounts”).
Termination of Employment - General. Except as otherwise provided in Paragraph 2(c), if the Participant’s Employment with the Company and its Affiliates is terminated for any reason, including Participant’s voluntary resignation or retirement, at any time prior to the vesting date for the Award, the Participant shall immediately forfeit all unvested Shares.
Termination of Employment - General. If, prior to the Scheduled Vesting Date, you cease to be Employed for any reason, then except as otherwise provided in Section 2(c) (Certain Terminations), the PSUs shall immediately be forfeited for no consideration as of the Date of Termination.
Termination of Employment - General. If you cease to be Employed for any reason, then, except as otherwise provided in this Section 3 (Termination of Employment; Disability), (i) any portion of the Option that has not vested as of the Date of Termination shall immediately be forfeited for no consideration as of the Date of Termination; and (ii) any portion of the Option that has vested as of the Date of Termination and that has not been exercised shall terminate in full on the earlier of (A) the date that is three months after the Date of Termination and (B) the Expiration Date.
Termination of Employment - General. If, prior to the applicable Scheduled Vesting Date, you cease to be Employed for any reason, then except as otherwise provided in Section 2(c) (Certain Terminations; Disability), the RSUs shall be forfeited for no consideration on the Date of Termination.
Termination of Employment - General. (a) Termination of employment for all Employees shall be in accordance with the terms specified in clause 19.4 of this Agreement.
Termination of Employment - General. Employees or the Company may terminate employment by the giving of the following notice: Period of Service Required Notice Up to 1 completed year 1 week 1 to up to 3 completed years 2 weeks 3 to up to 5 completed years 3 weeks Over 5 completed years 4 weeks Employees aged 45 or more, with at least 2 years service at the time of the giving of notice, will be entitled to one additional weeks notice by the Company. The Company, at its discretion, may elect to pay wages in lieu of the employee working such required notice, or part thereof. When Employment is terminated, the company will pay the employee any wages owed, and any other entitlements, by electronic funds transfer into the Employee’s bank account on the next payroll run following the Employee’s last day of work. Payment in lieu of notice will be at the Employee’s ordinary time rate for the applicable period, including such other amounts as the Company would have paid had the Employee worked such notice (eg Superannuation). Note – such notice is not required where an Employee is summarily dismissed as a result of serious or wilful misconduct.
Termination of Employment - General. Unless otherwise provided in this Agreement, upon termination of Grantee’s employment with the Company the Shares which have not vested at the time of such termination of employment shall be forfeited and revert to the Company immediately upon such termination of employment, and the Grantee shall have no rights whatsoever to such Shares.
Termination of Employment - General. Except for cases of termination of employment for serious misconduct, or in the case of casual employees, apprentices, or employees engaged for a specific period of time or for a specific task or tasks termination of employment shall be effected by providing the period of notice specified in clause 11 (a) of this Agreement. Nothing in this clause shall affect the right of Xxxxxx Bros to dismiss an employee without notice for misconduct or refusal of duty. A witness shall be present for all counselling and termination interviews if required by either the employee or management. See Appendix 5, for example of Counselling /Termination Interview Forms.
