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

  • The Committee, in its absolute discretion, may waive the Employment Requirement with respect to all or any portion of the Performance Units at any time.

  • For the avoidance of doubt, in the event that the Employment Requirement is waived pursuant to Paragraph 3, 4 or 6, except as set forth in Paragraph 7, payout of the Performance Units shall continue to depend on the extent to which the Performance Goals are achieved and Shares are earned, as determined and certified by the Committee in its sole discretion.

  • 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.

  • 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.

  • In its sole discretion, the Company may waive the Active Employment Requirement in any case it deems appropriate, so long as the eligible employee remained so employed (as an eligible employee) for a minimum of three consecutive months during the Plan Year.

  • Restricted Stock Units will not vest during any Eligible Vesting Year if for six months or more during such Eligible Vesting Year (i) Participant is on a Nonstatutory Leave of Absence, and/or (ii) Participant is not a Full-Time Employee (the "Full-Time Employment Requirement").

  • Student Employment Requirement: (1) junior and senior high school students currently enrolled in an MPS school, or(2) with prior authorization from DDCE, students who have graduated from an MPS high school not more than twelve(12) months from their date of matriculation who are not COIN-certified.

  • The Company will pay you, on or about January 3, 2020, the guaranteed minimum bonus for fiscal year 2019 equal to $1,125,000 (the “FY 2019 Bonus”); provided that your right to retain the FY 2019 Bonus is subject to your satisfaction of the Employment Requirement (as defined and described below) and the Release Requirement.

  • Notwithstanding the foregoing, if your employment is terminated by the Company without Cause or your employment terminates due to your death or Disability, or you terminate employment as a result of a Company Breach (as defined below), in each case, prior to the Transition Date, then the Employment Requirement will be deemed satisfied.

  • In the prisons they investigated many came forward to testify to the fact that they were abused and sodomised (raped) by inmates and that nothing was done by the members when they reported these incidents.


More Definitions of Employment Requirement

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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Related to Employment Requirement

  • 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 time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Specific learning disability (SLD) means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia.

  • 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.

  • specific learning disabilities means a heterogeneous group of conditions wherein there is a deficit in processing language, spoken or written, that may manifest itself as a difficulty to comprehend, speak, read, write, spell, or to do mathematical calculations and includes such conditions as perceptual disabilities, dyslexia, dysgraphia, dyscalculia, dyspraxia and developmental aphasia;

  • Severance Term means the twenty-four (24) month period following Executive’s termination by the Company without Cause (other than by reason of death or Disability) or by Executive for Good Reason.

  • Recurrent Disability means a Disability caused by an Injury or Sickness that is the same as, or related to, the cause of a prior Disability for which Monthly Benefits were payable. A Recurrent Disability will be treated as follows.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • 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

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • 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.

  • 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 the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in 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.