Transition Payment. If Executive becomes disabled, as defined in Subsection 6(a) above, Executive’s employment will terminate and the Company will pay Executive, as transition pay and in lieu of the Severance Benefit, a lump sum payment equal to four (4) months of Executive’s Base Salary as of the Termination Date (the “Transition Payment”). The Transition Payment is subject to the limitations in Subsections 7(c)(3)(A), 7(c)(3)(D), and 7(c)(3)(E) above.
Transition Payment. U.S. Transferred Employees who are at least * and have at least * of credited service under the GRP, both as of the Employment Date, or who have at least * of credited service under the GRP as of the Employment Date, shall be eligible to receive * payable on * provided that such U.S. Transferred Employee
Transition Payment. The social plan is an equivalent provision as referred to in law (Section 673b of Book 7 of the Dutch Civil Code). Therefore, redundant employees to whom the social plan applies and whose employment is terminated otherwise than by mutual consent are not entitled to the statutory transition payment.
Transition Payment. If Resident’s Level of Training is PGY-1, Resident shall be eligible for a one-time transition payment to assist new PGY-1 resident physicians with the transition into their graduate medical education. The amount of this transition payment is a one-time payment of Five Thousand and 00/100 Dollars ($5,000.00), less applicable deductions and withholdings.
Transition Payment. If, for any reason, execution of this Agreement follows the Effective Date, the Port shall invoice the Airline and the Airline shall pay within thirty (30) calendar days following receipt of said invoice, a one (1) time billing adjustment for the period between the Effective Date and the execution date of this Agreement. Such invoice shall be based upon the activity of the Airline during said period, the space actually occupied by the Airline, and the rentals, fees, and charges established in this Agreement.
Transition Payment. In consideration of your efforts in preparing for a transition into the role of Interim Chief Executive Officer, you shall also receive the equivalent of one month’s Base Salary on the first regular payroll date after the Start Date.
Transition Payment. Your Transition Payments consist of the following:
Transition Payment. In addition, Onvia shall pay Executive a total sum of Two Hundred Fifty Thousand Dollars ($250,000) as a transition payment (“Transition Payment”). The Transition Payment will be subject to all required or agreed upon deductions and withholdings and will be paid in a lump sum on March 1, 2011 or if earlier, within ninety days of Executive's death. Executive and Onvia agree that the Transition Payment represents sufficient consideration for the potential claims being released pursuant to Section 6 as well as the covenants reaffirmed in Section 7.
Transition Payment. In the first company pay cycle following your Start Date, you shall receive a one-time additional payment (the “Transition Payment”) in the amount of $65,000, less required deductions for federal and state taxes and other applicable withholdings. If, prior to the two-year anniversary of your Start Date, you voluntary terminate your employment and such voluntary termination does not qualify as a “Resignation for Good Reason” (as defined below) or your employment is terminated by the Company for “Cause” (as defined below) such Transition Payment shall be repaid in full within thirty (30) days following the date your employment terminates.
Transition Payment. On the date on which the Effective Time occurs, Executive shall be paid a lump sum cash transition payment equal to $2,600,000, net of all required Federal and state withholding taxes and similar required withholdings and authorized deductions.
