Employment Requirement definition

Employment Requirement means the continuous employment of the Executive by the Company or a subsidiary on and after the Date of Grant through the date specified.
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Employment Requirement means Executive’s continuous employment by Bank for a period of five (5) years from the date of this Agreement. Said restricted shares will be distributed within forty-five (45) days of Executive meeting the Employment Requirement. Should the Executive not meet the Employment Requirement, the restricted stock shall revert back to the Bank and be cancelled.
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Employment Requirement means the requirement under the Savings Plan that an employee complete a year of Continuous Employment in order to receive Matching Contributions. 2.16 "Fixed Income Balance" means an Employee's Fixed Income Balance in such person's Savings Account determined pursuant to Section 6.2.
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Examples of Employment Requirement in a sentence

  • Lapsed Status means the credential is expired, and the individual no longer holds the credential.Source: Section 41-4-7 of the Mississippi Code of 1972, Annotated Rule 16.7 Renewal Employment Requirement - (CMHT/LCMHT, CIDDT/LCIDDT, CAT/LCAT, CCSS/CCSS-II and LA) A.

  • RENTAL PROCEDURES‌307.1 In cases where rental of Town Constructed Housing Units is allowed through the Exception Procedure in Section 109.2 the Rental Procedures contained in Section 107 shall apply.307.2 Room Rentals in Owner Occupied Units – Tenants occupying rooms or portions of Town Constructed Ownership Units must be Qualified by THA and shall meet the Employment Requirement and Income and Asset limits applicable to the Housing Unit.

  • The successful Bidder must comply with each section of its affirmative action plan and be prepared to comply in all respects with the contract provisions regarding non-discrimination which are included in the Employment Requirement and Wage Rate section.

  • Applicants not meeting the Employment Requirement pursuant to Section103.2B.1, Section 103.2B.2 and/or Section 103.2C must receive an Exception.

  • In addition to meeting the above requirements, registered mechanics are eligible to apply only after 12 years of steady mechanic employment or after 15 years of service (pursuant to the November 23, 2002 Letter of Understanding Mechanic Employment Requirement).

  • In all cases where rental of a room in a Housing Unit occurs, the roommate must meet the Employment Requirement 103.2.B. Verification of qualification shall be determined by THA.

  • It pleaded for the extension of the Public Employment (Requirement as to Residence) Act, 1957 by 5 years in 1964, and again in 1969.

  • The Relevant Period for the Employment Requirement is the period beginning on the date on which the Eligible Shares were issued and ending three years after that date or where the Company was not at that date trading, three years after the date on which it subsequently began to trade.

  • Employment Requirement - Households who own or rent a Workforce or Affordable home will be required to verify that they are meeting the employment requirement.

  • In addition to meeting the above requirements, registered mechanics are eligible to apply only after 12 years of steady mechanic employment or after 15 years of service (pursuant to the Letter of Understanding Mechanic Employment Requirement, dated November 23, 2002).


More Definitions of Employment Requirement

Employment Requirement and “Employment Requirements” means as described in Section 4.3.C.
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Related to Employment Requirement

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Covered employment means employment in a covered position.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Basic Conditions of Employment Act means the Basic Conditions of Employment Act, 1997 (Act No. 75 of 1997);

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Employment Date means the first date as of which an Employee is credited with an Hour of Service, provided that, in the case of a Break in Service, the Employment Date shall be the first date thereafter as of which an Employee is credited with an Hour of Service.

  • Vesting Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his vested interest in his Employer Contributions Sub-Account, if Employer Contributions are provided for under either Article VI or Article XXII.

  • Severance Term means the six (6) month period following Employee’s termination by the Company without Just Cause (other than by reason of death or Disability) or by Employee for Good Reason; provided, that if such termination occurs within twelve (12) months following a Change in Control, the Severance Term shall be the twelve (12) month period following such termination.

  • Public employees retirement system means the retirement plan and program

  • Active Employment means you must be actively at work for the Sponsor:

  • Termination After Change in Control means either of the following events occurring within twelve (12) months after a Change in Control:

  • Mental health condition means a condition defined to be

  • Part-time employment means any employment or combination of one or more employments in a civil division in which an individual works fifty percent (50%) 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.

  • COMMENCEMENT OF SERVICE means the actual date of placement of the first Vehicle(s) under this Agreement.

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • Severance Period means the period of time commencing on the date of an occurrence of a Change of Control and continuing until the earlier of (i) the date which is one and one-half years following the occurrence of the Change of Control, and (ii) the Executive's death.

  • Seasonal employment means the employment of 1 or more individuals primarily hired to perform services during regularly recurring periods of 26 weeks or less in any 52-week period other than services in the construction industry.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.