Employed by the Employer definition

Employed by the Employer means employment as an employee of the Employer (so that, for purposes of exercising Options, the Grantee shall not be considered to have terminated employment until the Grantee ceases to be an employee of the Employer).
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Employed by the Employer means employment as an Employee (so that, for purposes of exercising Options and satisfying conditions with respect to Restricted Stock Grants, a Grantee shall not be considered to have terminated employment until the Grantee ceases to be an Employee), unless the Committee determines otherwise.
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Employed by the Employer means any employment for the School Board of Fairfax County, Virginia, and shall include periods of approved leave without pay.
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Examples of Employed by the Employer in a sentence

  • The date on which the Grantee ceases to be Employed by the Employer on account of a termination for Cause by the Employer (as defined in the Plan) or the Grantee’s voluntary termination (other than by reason of retirement approved by the Committee).

  • If such a Member is not Employed by the Employer at any time within a continuous period of ten years, and fails to return to Eligible Employment or apply for a refund by the end of that ten-year period, all Accumulated Contributions then on deposit shall become the property of the Plan, subject however, to refund at the written request of the Member or the Member’s estate, but with no interest after the end of that ten-year period.

  • The expiration of the 180-day period after the Grantee ceases to be Employed by the Employer, if the Grantee dies while Employed by the Employer or retires from such employment with the consent of the Committee.

  • Any portion of the Option that is not exercisable at the time the Grantee ceases to be Employed by the Employer shall immediately terminate.

  • This coverage will be sufficient to make up the difference between the benefit received by the Employee from the WSIB and their regular salary so long as the Employee continue to be Employed by the Employer in accordance with all other provisions of this Agreement.

  • If the Member is no longer Employed by the Employer or is Age 65 or older, the refund provided by this section may be paid to the Member or as a Direct Rollover pursuant to Article XVIII.

  • The expiration of the 90-day period after the Grantee ceases to be Employed by the Employer, if the termination is for any reason other than death, termination for Cause (as defined in the Plan), or the Grantee’s sole determination to terminate his or her employment (other than by reason of retirement approved by the Committee).

  • If the Member is younger than Age 65 and is Employed by the Employer, but not in Eligible Employment, the Accumulated Contributions may only be transferred to another defined-benefit pension plan maintained by the Employer.

  • Except as otherwise provided, any portion of the Grantee’s Option that is not otherwise exercisable as of the date on which the Grantee ceases to be Employed by the Employer shall terminate as of such date.

  • Financial assets are derecognised when the rights to receive cash flows from the investments have expired or have been transferred and the Bank has transferred substantially all risks and rewards of ownership.


More Definitions of Employed by the Employer

Employed by the Employer or “employment with the Employer” shall mean employment with the Company, or employment with any corporation, partnership, joint venture or other entity in which the Company, directly or indirectly, has a majority voting interest.
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Employed by the Employer means employment or service as an employee or Eligible Independent Contractor or member of the Board or of the Board of Directors of an Affiliated Company, so that for purposes of exercising Stock Options and Stock Appreciation Rights and satisfying conditions with respect to Restricted Stock Grants, a Participant shall not be considered to have terminated employment or service until the Participant ceases to be an employee, Eligible Independent Contractor, or member of the Board or of the Board of Directors of an Affiliated Company, unless the Administrator determines otherwise. The Administrator's determination as to a Participant's employment or other provision of services, termination of employment or cessation of the provision of services, leave of absence, or reemployment shall be conclusive on all persons unless determined to be incorrect.
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Employed by the Employer means employment as an employee of the Employer.
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Employed by the Employer means employment or service as an Employee, Key Advisor or member of the Board (so that, for purposes of exercising Options and SARs and satisfying conditions with respect to Restricted Stock, Performance Units and Restricted Stock Units, a Grantee shall not be considered to have terminated employment or service until the Grantee ceases to be an Employee, Key Advisor and member of the Board), unless the Committee determines otherwise.
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Employed by the Employer means “employed by the State of Michigan.”
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Related to Employed by the Employer

  • self-employed person (“person hunangyflogedig”) means—

  • Self-Employed Individual means an individual who has Earned Income for the taxable year from the trade or business for which the Plan is established, and, also, an individual who would have had Earned Income but for the fact that the trade or business had no net profits for the taxable year. A Self-Employed Individual shall be treated as an Employee.

  • employed person (“person cyflogedig”) means an employed person within the meaning of Annex 1 to the Swiss Agreement;

  • Employer as defined in Section 3(5) of ERISA.

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Permanent part-time employee means a person who is appointed to work hours that are less in number than a full-time employee and who is appointed as such in accordance with section 37(3)(a) of the State Service Act 2000.

  • The Employer means the Municipality; and

  • Regular Part-Time Employee means an employee who is appointed to a regularly scheduled position but works less than full-time. A regular part-time employee is entitled to all benefits outlined in the agreement on a pro rata basis, except where otherwise specified.

  • Public employer means the State of Oregon, and the following political subdivisions:

  • Part-time employment means any employment or combination of one or more employments in a civil division in which an individual works fifty percent or less of the time prescribed as the standard work week by the governing body or other appropriate authority of the civil division or where the employee earns not more than one-half (1/2) of the rate assigned to the position if the position has been allocated to a graded salary schedule.

  • Employment means any occupation, vocation or employment, or any form of vocational or educational training. Provided, however, that "employment" shall not, for the purposes of this article, include membership in any law enforcement agency.

  • Gainfully employed means employed or self-employed;

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Gainful employment means paid employment for not less than 30 hours in each week for a period of not less than 12 months;

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.

  • authorised employee means a municipal employee who is authorised in terms of delegated or sub-delegated authority by the Municipality to exercise a power or perform a duty in terms of this By-law or to inspect land and buildings in order to enforce compliance with this By-law or the zoning scheme;