Xxxxxxxxx Provisions Sample Clauses

Xxxxxxxxx Provisions. The City Manager may provide represented employees with severance benefits not to exceed six (6) months’ salary upon termination from employment due to a reduction in force.

Xxxxxxxxx Provisions. In consideration of the Purchaser entering into the transactions described in this Agreement and in the Agreement and Plan of Merger and performing its obligations hereunder and thereunder, Xx. Xxxxx Xxxxxxxxx (“Xx. Xxxxxxxxx”) hereby agrees that (a) during a period from the date of this Agreement to and including the first anniversary of the date of this Agreement, Xx. Xxxxxxxxx, in his individual capacity, shall not induce or attempt to induce any senior management employee of the Company to leave the employ of the Company, or in any way interfere with the relationship between the Company and any of its senior management employees and (b) the waiver dated August 11, 2000 of the ownership limitation contained in the Company’s Constituent Documents as it applies to Xx. Xxxxxxxxx shall be revoked at the earlier of the Acceptance Time or the Effective Time.

Xxxxxxxxx Provisions. The Action is funded by the Grant and the contribution (in kind and/or in cash) from the EFPIA companies not receiving IMI2 JU funding in the Action. The indicative budget of the Action is specified in [Annexes 1 and 2 to the Grant Agreement]. Each Beneficiary eligible to receive IMI2 JU funding shall maintain financial records in relation to its activities within the Action, including its Affiliated Entities, Linked Third Parties and Sub-contractors, according to the Grant Agreement. The Coordinator shall give each Beneficiary eligible to receive IMI2 JU funding a minimum of forty-five (45) Days prior notice of the deadline to produce financial statements as prescribed in the Grant Agreement and each of these Beneficiaries shall be responsible for the preparation and obtaining of a certificate on the financial statements as may be required by the Grant Agreement. The Coordinator must receive these reports timely in order to enable him to meet the sixty (60) Days timeline for submission to IMI2 JU. Beneficiaries not receiving IMI2 JU funding should report their actual annual spending to IMI2 JU separately and in accordance with the IMI2 JU Council Regulation and the agreed “Guidelines for reporting in kind and financial contributions by EFPIA and members other than the Union and Associated Partners” approved by the IMI2 JU Governance Board. Certification of the contribution from Beneficiaries not receiving IMI2 JU funding is prescribed in this guideline. The Beneficiaries eligible to receive IMI2 JU funding agree that their respective entitlements to the Grant shall depend on: (a) the extent to which they shall be able to properly authenticate costs incurred, as Eligible Costs, and (b) the manner in which all Beneficiaries agree how the Action should proceed and the consequent allocation of costs amongst Beneficiaries eligible to receive IMI2 JU funding, and (c) a go/no go-decision to proceed to the next stage in the Action as outlined in Annex 1 to the Grant Agreement. The Coordinator will receive directly the Grant from the IMI2 JU and undertakes to transfer, in accordance with the Grant Agreement and the go/no go decisions outlined in Annex 1, the appropriate sums to the respective Beneficiaries eligible to receive IMI2 JU funding with minimum delay, but not later than thirty (30) Days from its receipt thereof from the IMI2 JU. The Coordinator will notify each of the Beneficiaries eligible to receive IMI2 JU funding promptly of the date and amount trans...

Xxxxxxxxx Provisions. Salary 1) The Manager shall pay the Company Member the sum of per week/ part week/day, exclusive of any allowances or holiday pay that may apply. This must be at least the ITC/Equity minimum set out in the Rates Sheet at the end of this Contract. For single days or part weeks: at least 1/6 of the minimum weekly salary per day. 2) The above sum of £ per week includes up to hours overtime payment /does not include overtime payment* (*delete inapplicable phrase)

Xxxxxxxxx Provisions. If the Village terminates this Agreement during a time Xxxxxx is willing and able to perform the duties of Village Manager, and provided that Xxxxxx has satisfactorily performed his duties as Village Manager and has not breached this Agreement or violated Village policy or the Village Code, and provided further that Xxxxxx has not been convicted of any felony or any crime involving moral turpitude, then the Village must exercise one of the following two severance options, which option will be the full extent of the liability of the Village to Kiraly resulting from this Agreement or his employment as Village Manager: (i) The Village may deliver to Xxxxxx a written notice of termination that will allow Xxxxxx to remain in the employment of the Village as a consultant for a period of six nine months, with all the salary; health, dental, and life insurance coverage; and pension benefits provided for in this Agreement. In addition, within 15 days after delivery of the notice of termination, Xxxxxx will be entitled to receive a lump sum payment for 100% of his accrued and unused vacation and holiday time and 50% of his accrued and unused sick days as of the date of delivery of such notice of termination. For purposes of this Agreement, vacation, holiday, and sick days will be calculated and paid in accordance with the Village of Glencoe Personnel Policy in effect as of December 1, 2013 2023, (the “Manual”) through Xxxxxx’x date of separation. In his role of consultant as herein described, Xxxxxx will perform only those duties as directed by the Village Board or its designee, notwithstanding any provision to the contrary in the Glencoe Village Code or Illinois statutes. During this six nine -month severance period, Xxxxxx agrees to make no public statements that could be reasonably interpreted as disparaging the Village, its elected officials, or any Village employees. Xxxxxx’x failure to abide by this provision will result in immediate forfeiture of benefits under this provision, with no further legal recourse by Xxxxxx; or (ii) The Village may deliver to Xxxxxx a written notice of termination that will entitle Xxxxxx to a lump sum cash payment in an amount equal to 20 weeks nine months of salary only (as determined at his then current rate of pay) plus payment for 100% of his accrued and unused vacation and holiday days and 50% of his accrued and unused sick days as of the date of his notice of termination.”

Xxxxxxxxx Provisions