Examples of Qualifying Resignation in a sentence
Notwithstanding the foregoing, the total cumulative sick leave contribution by the City of Blaine to the Employee HRA VEBA account upon termination without cause, retirement or a Qualifying Resignation shall not exceed $12,500.
Contribution of sick leave to Employee’s HRA-VEBA as provided for under Section 7.5. 9.3.1 A Qualifying Resignation is a resignation which satisfies all of the following terms and conditions: a.
Upon retirement through PERS, termination without cause or a Qualifying Resignation (defined hereinafter), any accrued sick leave over nine hundred and sixty (960) hours shall be contributed to the HRA VEBA account at 100% equivalent salary value, and any accrued sick leave at nine hundred and sixty (960) hours or under shall be contributed to the HRA VEBA account at 25% equivalent salary value.
Upon retirement through LEOFF II, termination without cause or a Qualifying Resignation (defined hereinafter), any accrued sick leave over nine hundred and sixty (960) hours shall be contributed to the HRA VEBA account at 100% equivalent salary value, and any accrued sick leave at nine hundred and sixty (960) hours or under shall be contributed to the HRA VEBA account at 25% equivalent salary value.
Upon Employee’s Qualifying Resignation or other cessation of employment with EQT on or before March 30, 2018, all Performance Share Units granted to her will be forfeited.