If Employee definition

If Employee s employment is terminated "Without Cause" (as defined herein) by the Company, other than during the Probationary period of the first 90 days, the Company shall continue to pay Employee Employee's base salary and all other benefits to which Employee may be entitled prior to such termination, less applicable withholdings, for the remainder of the then applicable Term of this Agreement, in installments at the usual times for the payment of the Company's employees (in addition to all other benefits or compensation payable to Employee hereunder up to the date of the termination).
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If Employee s employment shall end as the result of such "Change of Control Event", Employee also shall be entitled to the immediate vesting as of the effective date of termination, under all stock option agreements, stock purchase agreements, or other stock rights granted to Employee by Company prior to the effective termination date. A "Change of Control Event" shall occur when, in connection with the merger, acquisition or sale of Company or substantially all of Company's assets with, into or to a previously unaffiliated third party,
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If Employee s employment is terminated "Without Cause" (as defined herein) by the Company, the Company shall continue to pay Employee Employee's base salary and all other benefits to which Employee may be entitled prior to such termination, less applicable withholdings, for the remainder of the then applicable Term of this Agreement, in installments at the usual times for the payment of the Company's employees (in addition to all other benefits or compensation payable to Employee hereunder up to the date of the termination).
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Examples of If Employee in a sentence

  • If Employee has received this Agreement or any other document related to the Plan translated into a language other than English and if the meaning of the translated version is different than the English version, the English version will control.

  • If Employee does not elect to have Payments reduced to the Scaled Back Amount, Employee shall be responsible for payment of any Excise Tax resulting from the Payments and Employee shall not be entitled to a gross-up payment under this Agreement or any other for such Excise Tax.

  • If Employee exercises this Option on any date when this Option includes a fractional share of Stock, his or her exercise right shall be rounded down to the nearest whole share of Stock and the fractional share shall be carried forward until that fractional share together with any other fractional shares can be combined to equal a whole share of Stock or this Option expires.

  • If Employee should die while any amounts would still be payable to Employee hereunder if Employee had continued to live, all such amounts shall be paid in accordance with the terms of this Agreement to Employee’s heirs, successors and assigns.

  • If Employee revokes this Release under this section, it shall not be effective or enforceable, and Employee will not receive the consideration described in Section 1 above.

  • If Employee becomes aware that disclosure of any Information is being sought by such an agency or through a court order, Employee will immediately notify the Company.

  • If Employee is identified as a Key Employee on an Identification Date, then Employee shall be considered a Key Employee for purposes of this Agreement during the period beginning on the first April 1 following the Identification Date and ending on the following March 31.

  • If Employee chooses to engage in such activities, then the Company shall have no obligation to make further Incentive Payments commencing upon the date which Employee chooses to do so.

  • If Employee shall recover from such disability prior to the expiration date of the Agreement, this Agreement and Employee's employment hereunder shall be reinstated for the balance of the term of this Agreement.

  • If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”).


More Definitions of If Employee

If Employee. (i) acts in bad faith and to the detriment of Employer; (ii) refuses or fails to act in accordance with any specific reasonable direction or order of Employer; (iii) exhibits in regard to his employment unfitness or unavailability for service, unsatisfactory performance, misconduct, dishonesty, habitual neglect or incompetence; (iv) is convicted of a crime involving dishonesty, breach of trust, or physical or emotional harm to any person; or (v) breaches any material term of this Agreement. In the absence of one of the conditions listed above, Employer may terminate Employee based on sub-satisfactory performance if Employee has been informed in writing of: (i) specific problems with performance; (ii) specific and reasonable recommendations for improvement; (iii) a date when the situation will be reviewed; (iv) the fact that termination will occur on the review date if performance is remains sub-satisfactory. The review date shall be a minimum of 30 days from Employee acknowledgement of written sub-satisfactory performance notification. If by the review date Employee's performance proves acceptable by the terms of the notification, termination of Employee shall not be considered for cause. If Employer wishes to pursue for cause termination, a new sub-satisfactory performance notification must be submitted to Employee according to the terms above.
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If Employee s employment is terminated without "Cause", the Company shall pay the Employee, within 30 days of such termination, the remaining balance of the Base Compensation.
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If Employee s employment is terminated for "Cause". The term "Cause" shall, for all purposes of this Agreement, mean and be limited to (i) the continued failure by Employee to substantially perform his duties to the Corporation pursuant hereto after a demand for performance is delivered to Employee that specifically identifies the manner in which the Corporation believes that Employee has not substantially performed his duties, and Employee has failed to cure such failure in the good faith opinion of the Board of Directors within 30 days of such demand by the Corporation, (ii) the conviction of Employee of a felony under federal or state law, and (iii) the violation by Employee of the provisions of paragraph 8 of this Agreement. Amounts payable under this paragraph 6(a) shall be paid by the Corporation within 30 days of the Termination Date.
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Related to If Employee

  • Executive Employee means those employees of the Company of Grade Level 10 or above.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Service employee, means any person engaged in the performance of this contract other than any person employed in a bona fide executive, administrative, or professional capacity, as these terms are defined in Part 541 of Title 29, Code of Federal Regulations, as revised. It includes all such persons regardless of any contractual relationship that may be alleged to exist between a Contractor or subcontractor and such persons.

  • Employee means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company. Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company.

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Bona fide employee means a person, employed by a bidder and subject to the bidder's supervision and control as to time, place, and manner of performance, who neither exerts, nor proposes to exert improper influence to solicit or obtain contracts nor holds out as being able to obtain any contract(s) through improper influence.

  • Company Employee means an employee of the Company or an employee of a Subsidiary of the Company, if any.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Tipped employee means any employee engaged in an occupation in which s/he customarily and regularly receives more than $30 per month in tips. Tips include amounts designated as a tip by credit card customers on their charge slips. Nothing in this rule prevents an employer from requiring employees to share or allocate such tips or gratuities on a pre-established basis among other employees who customarily and regularly receive tips. Employer-required sharing of tips with employees who do not customarily and regularly receive tips, such as management or food preparers, or deduction of credit card processing fees from tipped employees, shall nullify allowable tip credits towards the minimum wage.

  • Ongoing employee means an employee who has been employed for at least one complete standard measurement period.

  • New employee means a Full-Time Employee first employed by the Company in the Project and who is hired on or after the Effective Date of this Agreement.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Self-employment shall be where a Claimant sets up his/her own business and is responsible for paying his/her tax and National Insurance.

  • Date of Employment means: (i) in the case of an Employee whose employment commenced between the 1st and 15th days inclusive of any month, the 1st day of that calendar month; or (ii) in the case of an Employee whose employment commenced between the 16th and last days inclusive of any month, the 1st day of the following calendar month.

  • Current Employee has the meaning set forth in Section 7.8(a).

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Former Employee means an individual who has severed employment with the Employer or an Affiliated Employer.

  • Covered Executive means any “executive officer” of the Company as defined under Rule 10D-1.

  • Management Employee means an employee having responsibility for formulating, administering or managing the implementation of District policies and programs.

  • Restricted Employee means any person who was a director, employee or consultant of the Company at any time within the Relevant Period who by reason of that position and in particular his seniority and expertise or knowledge of Confidential Information or knowledge of or influence over the clients, customers or contacts of the Company is likely to cause damage to the Company if he were to leave the employment of the Company and become employed by a competitor of the Company;

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • Public employee means an individual holding a position by appointment or employment in the government of this state, in the government of 1 or more of the political subdivisions of this state, in the public school service, in a public or special district, in the service of an authority, commission, or board, or in any other branch of the public service, subject to the following exceptions:

  • Retained Employee does not include any individual who has a direct or an indirect ownership interest of at least five percent (5%) in the profits, equity, capital, or value of the Taxpayer, or a child, grandchild, parent, or spouse, other than a spouse who is legally separated from the individual, of any individual who has direct or indirect ownership interest of at least five percent (5%) of the profits, equity, capital or value of the Company.