Termination or Suspension of Employment Sample Clauses

Termination or Suspension of Employment a. Termination without Cause. ------------------------- Notwithstanding anything to the contrary contained in this Agreement, subject to Executive receiving the Compensation set forth in subsection (4) of this Section 7 and subject to the termination provisions set forth herein, only the Association's Board of Directors may terminate the Executive's employment under this Agreement at any time. Termination of Executive's employment under this subsection shall be deemed a breach of this Agreement by the Association.
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Termination or Suspension of Employment. OR SERVICE (as generally defined under Section 11 of the Plan).
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Termination or Suspension of Employment. Except in the case of casual and probationary employees, either party may terminate employment at any time by giving the other party the required period of notice specified below. Instead of providing the specified notice, the Company may choose to make payment in lieu of notice. If you fail to give the required notice, you forfeit the entitlement to any monies owing equal to the amount of notice not given. Nothing in this agreement affects the Company’s right to dismiss you without notice for serious misconduct, and if so dismissed, you shall only be entitled to be paid for the time worked up to the time of dismissal and any entitlements accrued to such time. Probationary employees are entitled to one day’s notice of termination The notice of termination period for the (permanent full time) employee shall be: By the employer:
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Termination or Suspension of Employment. 22.1 Should a Pilot be placed on suspension for any reason other than as specified in clause 21 of this agreement, the period of suspension shall not exceed twenty-eight (28) days and be with full pay and the Pilot shall have recourse to the disputes settlement procedures in clause 9
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Termination or Suspension of Employment. Notwithstanding the stated Term of this Agreement, Executive is and remains an at-will employee of the Authority and may be terminated at any time prior to the expiration of the stated Term. This Agreement, and Executive’s employment, may be terminated prior to the Expiration Date of this Agreement upon the occurrence of any of the following:
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Termination or Suspension of Employment 
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Related to Termination or Suspension of Employment

  • Suspension of Employment If the Employee is suspended and/or temporarily prohibited from participating in the conduct of the Bank's affairs by a notice served under Section 8(e)(3) or (g)(1) of the FDIA (12 U.S.C. 1818(e)(3) and (g)(1)), the Bank's obligations under the Agreement shall be suspended as of the date of service, unless stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank shall, (i) pay the Employee all or part of the compensation withheld while its contract obligations were suspended and (ii) reinstate any of its obligations which were suspended.

  • Term; Termination of Employment The term of this Agreement (the “Term”) begins on the Effective Date and will end, along with Executive’s employment with the Company, on the earliest to occur of the following events.

  • Voluntary Termination of Employment If during the Employment Term, Executive terminates his employment under circumstances other than those specified elsewhere in this Section 8, Executive shall be entitled to the payments and benefits specified in Section 8(a).

  • Notice of Termination of Employment 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

  • Involuntary Termination of Employment If the Executive exercises his withdrawal rights pursuant to Subsection 2.2, and the Executive's employment with the Bank is involuntarily terminated for any reason including termination due to disability of the Executive, but excluding termination for Cause, or termination following a Change in Control, within thirty (30) days of such involuntary termination of employment, the Bank shall be required to record a final Phantom Contribution in an amount equal to: (i) the full Phantom Contribution required for the Plan Year in which such involuntary termination occurs, if not yet made, plus (ii) the present value (computed using a discount rate equal to the Interest Factor) of all remaining Phantom Contributions.

  • Termination of Executives Employment Termination of Executive's Employment means that (i) the Company has terminated Executive's employment with the Company (including any subsidiary of the Company) other than for Cause (as defined in Section 6.2), death or Disability (as defined in Section 6.4), or (ii) Executive, by written notice to the Company, has terminated his employment with the Company (including any subsidiary of the Company) for Good Reason (as defined below). For purposes of this Agreement, "Good Reason" means:

  • Termination of Employment Period The employment of the Employee by the Company pursuant to this Agreement shall terminate upon the occurrence of any of the following:

  • Cessation of Employment In the event Executive shall cease to be employed by the Company for any reason, then Executive's compensation and benefits shall cease on the date of such event, except as otherwise provided herein or in any applicable employee benefit plan or program.

  • Termination of Employment for Cause If Optionee’s employment with the Bancorp or a subsidiary corporation is terminated for cause, this option shall expire thirty (30) days from the date of such termination. Termination for cause shall include, but not be limited to, termination for malfeasance or gross misfeasance in the performance of duties or conviction of a crime involving moral turpitude, and, in any event, the determination of the Board of Directors with respect thereto shall be final and conclusive.

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