Termination/Retirement Sample Clauses

Termination/Retirement. Upon termination or retirement, purchased vacation hours not used will be reimbursed to the employee at the original rate the employee paid for the allocation.
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Termination/Retirement. Employees who leave the College or retire are eligible to continue medical/dental benefits through the federal COBRA laws. Other conversions for life insurance may be available. Full information about State Employee Benefits Board (SEBB) benefits and retirement will be made available in the Human Resources Office.
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Termination/Retirement. Employees who leave BTC, or who are laid off, or retire are eligible to continue medical/dental benefits in accordance with the federal COBRA laws. Other conversions for life insurance may be available. Full information about PEBB benefits is available in the Human Resources Office.
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Termination/Retirement. 16:01 (a) Each permanent Child Protection Worker will give one (1) month's notice in writing of termination of employment, unless there are exceptional circumstances, in which case the Executive Director may, at their option, accept a written notice of termination that is less than one (1) month. The Executive Director may, at their option, make payment in lieu of all or part of such notice being worked out.
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Termination/Retirement. (a) This Agreement is subject to the Company’s Severance Plan, attached hereto. Subject to Sections 14 (b), (c), or (d) below, in the event that the Executive’s employment with the Company terminates for any reason, including but not limited to, by the Company for Cause or by the Executive without Good Reason, then any unvested RSUs shall be forfeited and all of the Executive’s rights hereunder with respect to such unvested RSUs shall cease as of the effective date of termination (the “Termination Date”).
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Termination/Retirement. ‌ Bargaining Unit employees will not be paid for accumulated sick leave or disability sick leave upon termination or retirement.
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Termination/Retirement. Upon termination or retirement, Xxxx Chief will be paid his accrued and unused vacation leave.
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Termination/Retirement. Age or retirement whichever comes earlier The cost will be shared between the Company and the employees on an basis with the employee’s contribution payable by payroll deduction. Subject to the eligibility and entitlement provisions of the plan document, all employees will contribute except who provide proof of coverage under another dental plan. Payments with respect to dental claims will only be paid to the employees i.e. cannot be assigned a dentist. VISION CARE The company will pay vision care costs for employees and their dependents as follows: Vision Care Coinsurance Overall months Overall months months months Eye exams /year /year Due to Layoff: Employees‘ life insurance, accidental death and dismemberment, major medical, supplemental hospital (including drug plan) and continue until the last day of the third month following the date of layoff. Should an employee be recalled after the benefit period expires, then payment for premiums is restored immediately. However, should an employee be in arrears on dental premiums or coverage, such arrears (subject to approval of will be deducted from an employee’s Due to Disability: Employees' life insurance, accidental death and dismemberment, major medical, supplemental hospital (including drug plan) and will continue until the last day of the month in which the employee ceases to become eligible for Weekly Indemnity Benefits, or in the case of Workers' Compensation, as required by the Workplace Safety and Insurance Act. However, should an employee be in arrears on dental premiums or coverage, such arrears will be deducted from an employee's pay. of If you leave the Company, all insurance will be terminated. However, you may convert your Group Life Insurance to any of the regular policies (Term Insurance excepted) issued by the Insurance Company, without a medical examination. However, you must make application for conversion within days of the date of termination of employment. Should death occur during this day period following termination of employment, the life insurance will be paid to your bene a Employees will join the and cease to belong in accordance with the Ontario Law. The Company will contribute of the premium commencing with payment due on the first day of the month following the month in which the employee completes probationary period. Append x "I
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Related to Termination/Retirement

  • Disability; Retirement If, as a result of your incapacity due to physical or mental illness, You shall have been absent from the full-time performance of your duties with the Company for 6 consecutive months, and within 30 days after written notice of termination is given You shall not have returned to the full-time performance of your duties, your employment may be terminated for "Disability." Termination of your employment by the Company or You due to your "Retirement" shall mean termination in accordance with the Company's retirement policy, including early retirement, generally applicable to its salaried employees or in accordance with any retirement arrangement established with your consent with respect to You.

  • Death, Disability, Retirement This Agreement shall terminate upon the death, disability or retirement of Executive. As used in this Agreement, the term "disability" shall mean Executive's inability, as a result of physical or mental incapacity, to substantially perform his duties with the Bank for a period of 180 consecutive days. Any question as to the existence of Executive's disability upon which the Executive and the Bank cannot agree shall be determined by a qualified independent physician mutually agreeable to Executive and the Bank or, if the parties are unable to agree upon a physician within ten (10) days after notice from either to the other suggesting a physician, by a physician designated by the then president of the medical society for the county in which Executive maintains his principal residence, upon the request of either party. The costs of any such medical examination shall be borne by the Bank. If Executive is terminated due to disability he shall be paid 100% of his Base Salary at the rate in effect at the time notice of termination is given for the remainder of the Employment Term, payable in substantially equal monthly installments less, in each case, any disability payments otherwise payable under plans provided by the Bank for disability or any governmental social security or workers compensation program, and actually paid to Executive in substantially equal monthly installments.

  • Normal Retirement Unless Separation from Service or a Change in Control occurs before Normal Retirement Age, when the Executive attains Normal Retirement Age the Bank shall pay to the Executive the benefit described in this section 2.1 instead of any other benefit under this Agreement. If the Executive’s Separation from Service thereafter is a Termination with Cause or if this Agreement terminates under Article 5, no further benefits shall be paid.

  • Pre-Retirement Death Benefits Should the Director die while --------- ----------------------------- serving as a director of the Bank and prior to the occurrence of his Retirement Age, the Bank will pay $1,083.33 per month for a continuous period of 120 months to the Beneficiary or Beneficiaries of the Director. The first such monthly installment payment shall be made on a date to be determined by the Bank, but in no event later than the first day of the calendar month following the calendar month in which the Director died. In the event of the death of the last living Beneficiary before all installment payments shall have been made, the balance of any payments which remain unpaid at the time of such Beneficiary's death shall be commuted on the basis of seven and one-half percent (7 1/2%) per annum compounded interest and shall be paid in a single sum to the estate of the last Beneficiary to die. In the absence of any such beneficiary designation, or if no Beneficiary survives the Director, any payments remaining unpaid at the Director's death shall be commuted on the basis of seven and one-half percent (7 1/2%) per annum compounded interest and shall be paid in a single sum to the Director's estate.

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