TERMINATION & RESIGNATION. Both the employer and the employee may terminate employment at any time by giving the other party the required period of notice as specified below. Instead of providing the above notice the employer may choose to make payment in lieu of notice. If the employee fails to give the required notice, the employee forfeits the entitlement to any monies owing equal to the amount of notice not given. Nothing in this Agreement affects the employer’s right to dismiss an employee without notice for serious misconduct and an employee so dismissed shall only be entitled to be paid for the time worked up to the time of dismissal. Full and Part Time Employees: The notice of termination period shall be: By the Employer: Years Of Service Less than 1 Year More than 1 but not more than 3 Years More than 3 but not more than 5 years More than 5 Years Required Notice (at least) 1 Week 2 weeks 3 weeks 4 weeks Employees 45 years and over who have completed at least two (2) years continuous service with the employer will receive one (1) additional weeks notice. By the Employee:
TERMINATION & RESIGNATION. (a) The Employer may terminate employment at any time by giving the required period of notice specified below, or making payment in lieu of notice: Part Time and Full Time Employees Employee’s period of continuous service with the employer Period of notice Not more than 1 year At least 1 week More than 1 year but not more than 3 years At least 2 weeks More than 3 years but not more than 5 years At least 3 weeks More than 5 years At least 4 weeks Casual Employees Employee’s period of continuous service with the employer Period of notice Not more than 1 year At least a moment’s notice More than 1 year At least 1 week
TERMINATION & RESIGNATION. Subject to the provisions below, Executive may be terminated by the Company at any time during the Term, with or without cause. Executive may resign at any time for any reason.
TERMINATION & RESIGNATION. Subject to the provisions below, Executive may be terminated by GX at any time, with or without cause. Executive may resign at any time for any reason.
TERMINATION & RESIGNATION. 5.1 The Board may terminate the Employee’s employment at any time immediately and without notice.
TERMINATION & RESIGNATION. Executive acknowledges that his employment with the Corporation has terminated and hereby resigns his position as an officer and director of the Corporation and any and all positions he holds with the Corporation, its subsidiary companies, or any of its other affiliates, effective as of the Date of Termination. From and after the Date of Termination, Executive shall not make any statements or engage in conduct which would lead any person or entity to believe that he is an employee, officer, director, consultant, agent or other authorized representative of the Corporation or any of its subsidiaries.
TERMINATION & RESIGNATION. When a bargaining unit Employee is terminated through resignation or removal, he shall receive full compensation for all accrued vacation or compensatory time. Payment shall be made at the rate of pay at the time of termination.
TERMINATION & RESIGNATION. (a) You acknowledge and agree that Blackstone may terminate your service at any time for any reason, or for no reason at all with or without cause; provided, however, that Blackstone shall provide you with written notice at least ninety days prior to the date of the termination of your service during which Blackstone may elect to place you on paid leave for all or part of such ninety-day period; provided further that during such ninety-day period, you shall continue to receive your base draw and benefits, subject to applicable law and the payment of benefits-related premiums, but shall not receive or participate in any profit sharing or bonus arrangements (including, without limitation, participation in any carried interest or fee-sharing program) or continue to vest in any equity or other incentive awards.
TERMINATION & RESIGNATION. The Company shall have the right to terminate the Employee's employment hereunder for “Cause” and upon such termination, Executive shall have no further duties or obligations under this Agreement (except as provided in Section 8) and the obligations of the Company to Executive shall be as set forth below. For purposes of this Agreement, “
TERMINATION & RESIGNATION. In the event a faculty member is terminated or resigns during the school year, the hospitalization insurance shall be continued until the faculty member has received the pro rata portion of the twelve (12) month insurance year earned at the time of the termination or resignation.
