Termination or Resignation. (a) Executive’s employment with the Company (including, without limitation, Executive’s rights under this Agreement) may only be terminated by the Company during the term for Cause (as defined in Annex I), without Cause or as set forth under Section 7(d) below.
(b) In the event the Executive is terminated without Cause, the Executive shall be entitled to receive (i) any amounts earned, accrued or owing but not yet through the date of such termination; and (ii) a lump sum severance payment in an aggregate amount equal to six-months of the Executive’s then-current Base Salary .
(c) If (i) Executive resigns at any time for any reason or is terminated by the Company for Cause or (ii) the Parties have failed to extend the Term of this Agreement, the Company shall have liability and obligation under this Agreement for all amounts due and payable to the Executive through the date of such termination or resignation.
(d) The Company may terminate the Agreement if the Executive is unable to substantially perform his duties and responsibilities hereunder to the full extent required by the Company by reason of illness, injury or incapacity for more than six (6) months in the aggregate during any period of twelve (12) calendar months. In the event of such termination, the Company shall pay the Executive all amounts due and payable to Executive through the date of such termination. The Executive agrees, in the event of a dispute under this Section 7(d), to submit to a physical examination by a licensed physician selected by the Company and reasonably acceptable to the Executive. The Company agrees that the Executive shall have the right to have his personal physician present at any examination conducted by the physician selected by the Company.
(e) The Term shall terminate in the event of the Executive’s death. In such event, the Company shall pay to the Executive’s executors, legal representatives or administrators, as applicable, all amounts due and payable to the Executive through the date of such termination. The Company shall have no further liability or obligation under this Agreement to his executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through him except as otherwise specifically provided in this Agreement.
Termination or Resignation. Subject to the other terms of this Agreement, including those in Part 2, either the Company or the Executive may terminate the Executive's employment with the Company at any time and for any reason or no reason upon written notice to the other party.
Termination or Resignation. Employees who are terminated or leave the employer of their own volition will be paid their regular salary for all vacation time accrued to them, provided employees severing employment of their own volition have given the employer two (2) week notice. Full-time employees hired on or after 7/1/2016 who terminate their services upon reaching age 55 and who have fifteen (15) or more years of continuous employment of regular full-time service with the District in this bargaining unit shall be paid their accrued unused vacation in accordance with the Severance Pay section of this agreement (Subd. 10.019).
Termination or Resignation. A. Each teacher on limited contract in this district shall have agreed to a mutually satisfactory term of service clause. It is the purpose of the Board to respect that clause and it is the expectation of the Board that the employee will do likewise.
B. A holder of a valid contract may resign at any time prior to July 10; otherwise, an official release must be granted by the Board, except as specified under state statute for central office supervisors. A teacher desiring to resign should do so in writing as early as possible. A resignation may be withdrawn by the person submitting it at any time prior to the time the Board or the Board’s Designee has taken action on it.
X. Xxxxx inefficiency, immorality, willful and persistent violations of reasonable rules and regulations of the Board of Education or other good and just causes shall be grounds for termination.
D. The provisions of this contract shall supersede any changes made to ORC 3319.16.
Termination or Resignation. Notwithstanding anything in this Agreement to the contrary, if Executive is terminated or resigns for any reason during calendar year 2003 prior to any occurrence of the Bonus Quarter, then the Company shall pay to Executive the Second Half Bonus ($150,729.50) on the effective date of such termination or resignation.
Termination or Resignation. Employees whose service with the City is terminated or who have resigned shall not be entitled to any compensation in lieu of accumulated sick leave credits.
Termination or Resignation. Executive’s employment hereunder may be terminated under the following circumstances:
Termination or Resignation. Account Owner or Custodian may terminate this agreement at any time by giving written notice to the other. We can resign as Custodian at any time effective 30 days after we send written notice of our resignation to you. Upon receipt of that notice, you must make arrangements to transfer your IRA to another Custodian (Successor Custodian) or request a distribution of your IRA. If you do not complete a distribution form or transfer your IRA within 30 days from the date we send the notice to you, we have the right to either a.) transfer your IRA assets to a successor IRA trustee or custodian that we choose or b.) we may distribute your IRA to you in a single lump sum and/or re-register the assets to you in-kind. If this agreement is terminated, we may charge to your IRA a reasonable amount of money that is necessary to cover any costs associated with distributing or transferring your account, including but not limited to fees and expenses incurred and taxes. The Custodian shall not be liable for any taxes, penalties, or losses arising from any delays, omissions, acts, or other action or inaction of any other person(s) or entity, including the Account Owner in connection with transfer or distribution of the IRA account. The Successor Xxxxxxxxx shall acquire all of the powers and authority conferred by the resigning Custodian. The transfer and delivery of assets to the Successor Custodian shall be a complete discharge and exoneration of any liability for the resigning Custodian unless the Account Owner or Successor Custodian notifies the resigning Custodian within forty-five days from the date of resignation. Custodian may close the Account if it is not funded within ninety (90) days from IRA Account opening.
Termination or Resignation i. Employee’s services may be terminated by the employer by giving 30 days notice in writing or on payment of one month’s salary in lieu of the notice.
ii. In case of resignation during the contract period, employee shall give 30 days’ notice in advance or else employer has the right to claim compensation in accordance with the UAE Labour Laws & Regulations as in prevailing laws applicable in UAE.
iii. This contract may be terminated by the employer without notice in following cases;
a) If the employee adopts a false identity or nationality or if submits forged documents or certificates.
b) If the employee commits an error causing substantial material loss to the employer.
c) If the employee violates instructions concerning safety of the place of business.
d) If the employee fails to perform his/her basic duties.
e) If the employee is awarded final judgment by the competent court in respect of an offence prejudicing honour, honesty or public morals.
f) If the employee during working hours is found drunk or under the influence of drug.
g) If the employee in the course of work commits an assault on the employer, the manager or any of the colleagues.
h) If the employee absents himself without lawful excuse for more than twenty intermittent days or more than seven successive day during one year.
Termination or Resignation. Except as otherwise required by law, upon your separation from employment with Jubilee, you agree that all reports, records, school equipment, or other items the property of Jubilee will be properly submitted or returned to Jubilee.
