Notice of Eligibility definition

Notice of Eligibility means a written or electronic notice, in a form approved by the Administrator, provided to an Eligible Employee that there will be a Job Elimination and that he or she is eligible for Severance Benefits under the Plan.

Notice of Eligibility means a written notice provided by the Plan Administrator to an executive employee of the Company indicating his or her eligibility to join the Plan and specifying the key terms to be used to determine the Severance Benefits to which the executive employee may become entitled as a Participant in the Plan.

Notice of Eligibility means a written notice, in a form approved by the Company, provided to an Eligible Employee that (1) there will be a Job Elimination and that the employee is eligible to obtain Severance Benefits under the Plan or (2) the employee's participation in the Voluntary Separation Program has been approved by the Company and that the employee is eligible to obtain Severance Benefits under the Plan. An Eligible Employee who has been provided a Notice of Eligibility is considered a Participant.

Examples of Notice of Eligibility in a sentence

• The Subadviser further agrees to act in accordance with the Fund's Articles of Incorporation, By-Laws, currently effective registration statement under the Investment Company Act, including any amendments or supplements thereto, and Notice of Eligibility under Rule 4.5 of the CEA, if applicable, (collectively, "Governing Instruments and Regulatory Filings") and any instructions or directions of the Fund, its Board of Directors or the Adviser.

• An Eligible Employee will become a Participant as of the date he or she is issued a Notice of Eligibility.

• Upon being provided with a Notice of Eligibility, a Participant becomes eligible to receive the Severance Benefits described in Sections 6.1, 6.2, and 6.3 (as applicable) only if the Participant returns to the Administrator a signed Severance Agreement no later than the Return Date.

• The rate of accrual during the Notice Period will be the same as the rate of accrual prior to the Participant’s Notice of Eligibility.

• Notwithstanding anything to the contrary in this Plan, no person shall have a colorable claim for vested or unvested benefits under this Plan unless the Administrator (i) has determined that the person has incurred a Job Elimination; and (ii) has issued to the person a Notice of Eligibility.

More Definitions of Notice of Eligibility

Notice of Eligibility means an e-mail sent to the employer by the department after the school, or other educational provider, completes registration at the end of a semester. The notice of eligibility notifies the employer that they can submit an application for reimbursement. The notice of eligibility is not a guarantee of reimbursement.

Notice of Eligibility means a notice issued by the Administrator informing an Employee that he or she is eligible to participate in this Plan.

Notice of Eligibility means a written notice, in a form approved by the Company, provided to an Eligible Employee that there will be a Job Elimination and that the employee is eligible to obtain Severance Benefits under the Plan. An Eligible Employee who has been provided a Notice of Eligibility is considered a Participant.

Notice of Eligibility means a notice of eligibility issued under this Act;

Notice of Eligibility means a written notice from the Company delivered to an individual establishing that the individual is a Covered Executive under the Plan.

Notice of Eligibility means anotice of eligibility issued under this Act.

Notice of Eligibility means a written or electronic notice, in a form approved by the Administrator, provided to an Eligible Employee that there will be a Job