Employee in Good Standing definition

Employee in Good Standing means any employee of Sellers as of the Closing Date, including those on short term disability leave, workers' compensation leave or other authorized leave of absence on the Closing Date, other than any such employee: (i) who has been absent from work without authorization for one or more weeks on the Closing Date or (ii) who is on long term disability on the Closing Date; provided, that any employee of Sellers on short term disability leave, workers' compensation leave or other authorized leave of absence on the Closing Date will cease to be an Employee in Good Standing as of the Closing Date unless such employee returns to his or her Employment within 90 days of the date on which such employee's disability leave began.
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Employee in Good Standing means a full-time employee of the Company or a Subsidiary who:
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Employee in Good Standing means, on the applicable payment date described in Section 2 below, the Executive is employed by the Company, or any subsidiary of the Company, has not tendered written notice of intent to resign or retire effective as of the applicable payment date, on or before the applicable payment date, and has not behaved in a manner that would be grounds for discharge for Cause.
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Examples of Employee in Good Standing in a sentence

  • You must be actively employed by the Company and considered an Employee in Good Standing (as defined in this Agreement) on the date any such annual bonus is paid in order to be eligible to receive any annual bonus payment.

  • The recommended density range for each site is between 200 to 700 habitable rooms per hectare and 70 to 260 units per hectare.

  • For purposes of this --------------------------------------- Agreement, the Key Employee will be considered to be an "Employee in Good Standing" on a given date if, on that date, the Key Employee is employed by a Xxxx Atlantic Company, has not tendered oral or written notice of intent to resign or retire effective as of a date on or before the given date, and has not behaved in a manner that would be grounds for discharge for "Cause" as defined in Section 1(d) of this Agreement.

  • For purposes of this Agreement, the ------------------------- Key Employee will be considered to be an "Employee in Good Standing" on a given date if, on that date, the Key Employee is employed by a Xxxx Atlantic Company, has not tendered oral or written notice of intent to resign or retire effective as of a date on or before the given date (other than pursuant to a Constructive Discharge), and has not behaved in a manner that would be grounds for discharge with Cause.

  • Employee Signature Date Manager Statement continues to meet the work-related eligibility requirements of the Plan and is currently considered "in good standing" (Policy: "Employee in Good Standing").

  • In the event that, prior to the Sale of the Company, the Executive is no longer an Employee in Good Standing, the Executive shall forfeit any and all rights to receive an Incentive Amount under this Agreement.

  • Have been an Employee in Good Standing as of the end of the fiscal year in question but have terminated employment with the Company through a Satisfactory Separation between the end of such fiscal year and the date the Bonus payment is to be paid for such fiscal year.

  • A Participant having terminated employment with the Company through a Satisfactory Separation shall be entitled only to receive the Bonus calculated through the end of the fiscal year at which the Participant was an Employee in Good Standing.

  • Employee in Good Standing: An employee who: • has an overall MAP score of 2.0 or higher; • has not received any formal discipline (written reprimand, suspension, or involuntary demotion) within the last 12 months from the date of request; • is not the subject of an investigation into allegations of misconduct, or has pending discipline, including dismissal.

  • Employee in Good Standing: An employee that:  Has an overall MAP score of 2.0 or higher.


More Definitions of Employee in Good Standing

Employee in Good Standing. (as defined in Section 1(c) of this Agreement) of a Xxxx Atlantic Company from the date of this Agreement to the Closing Date, then, not later than 30 calendar days following the Closing Date, Xxxx Atlantic will cause the Xxxx Atlantic Company which then employs the Key Employee to pay the Key Employee a special stay incentive bonus (a "Stay Bonus") consisting of a single cash payment in an amount equal (before withholding of taxes) to the greater of (i) the sum of the Key Employee's annual rate of base salary and 50% of the Key Employee's maximum short-term incentive under the Xxxx Atlantic Short Term Incentive Plan (or other applicable short-term incentive plan), both as of the date of this Agreement, or (ii) the sum of such items, both as of the Closing Date.
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Employee in Good Standing means a Syntroleum employee who is not in violation of any of the following terms and conditions of his employment agreement and/or general company policy;
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Employee in Good Standing. (as defined in Section 1(c) of this Agreement) of a Xxxx Atlantic Company from the date of this Agreement to the Closing Date, then, not later than 30 calendar days following the Closing Date, Xxxx Atlantic will cause the Xxxx Atlantic Company which then employs the Key Employee to pay the Key Employee a special stay incentive bonus (a "Stay Bonus") consisting of a single cash payment in an amount equal (before withholding of taxes) to the greater of the Key Employee's annual rate of base salary on the date of this Agreement, or such salary as of the Closing Date.
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Employee in Good Standing means any employee of Sellers as of ------------------------- the Closing Date, including those on short term disability leave, workers' compensation leave or other authorized leave of absence on the Closing Date, other than any such employee: (i) who has been absent from work without authorization for one or more weeks on the Closing Date or (ii) who is on long term disability on the Closing Date; provided, that any employee of Sellers on -------- short term disability leave, workers' compensation leave or other authorized leave of absence on the Closing Date will cease to be an Employee in Good Standing as of the Closing Date unless such employee returns to his or her Employment within 90 days of the date on which such employee's disability leave began.
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Employee in Good Standing. (as defined in Section 2(f) of this Agreement) and terminates his or her employment for either of the following reasons: (i) the Key Employee has refused to relocate to a new principal place of work which would require a commute of more than 35 miles greater than the Key Employee's existing commute; or (ii) the Key Employee is assigned to a position where the sum of the annual rate of base salary plus the maximum amount of annual short term incentive the Key Employee would be eligible to receive per year is less than 90% of the sum of the corresponding items of salary and short term incentive for the Key Employee's existing position.
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Related to Employee in Good Standing

  • In good standing means a person who has not resigned or been suspended from membership or registration or had membership or registration revoked;

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • Foreign entity means an entity other than a domestic entity.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Incorporation means applying manure using injection, disking into the soil, tilling the soil after application, or using other practices that result in at least 50 percent of the manure being placed below the ground surface within 24 hours of application and prior to rainfall.

  • Certification of Incorporation means the restated certificate of incorporation of the Corporation, as it may be amended from time to time, and shall include this Certificate of Designations.

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Company Organizational Documents means the certificate of incorporation and bylaws (or the equivalent organizational documents) of the Company and its Subsidiaries as in effect on the date of this Agreement.

  • State of Incorporation means Delaware.

  • Jurisdiction of formation means the jurisdiction whose law includes the organic law of an entity.

  • Parent Organizational Documents means Parent’s certificate of incorporation and Parent’s bylaws, in each case as they may be amended or amended and restated from time to time in accordance with the terms of this Agreement.

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;