Replacement Employment definition

Replacement Employment means a similar or better position with a company at a location no more than 50 miles from the Headquarters, provided that the base salary, or base salary and target bonus, for such position is equal to or greater than the Executive’s Base Salary under this Employment Agreement (as increased pursuant to Section 3.1) at the time of his termination of employment with the Company.
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Replacement Employment means a similar or better position with a company at a location no more than 50 miles from either the Headquarters or the Executive’s principal residence in California, provided that the base salary, or base salary and target bonus, for such position is equal to or greater than the Executive’s Base Salary under this Employment Agreement (as increased pursuant to Section 3.1) at the time of his termination of employment with the Company.
Sample 1

Examples of Replacement Employment in a sentence

  • Frankfort First shall, with respect to each of the Frankfort First Executives who is a party to a Frankfort First Existing Employment Agreement, use its best efforts to cause them to enter into a Frankfort First Replacement Employment Agreement.

  • Frankfort First shall have delivered to First Federal, with respect to each of the Frankfort First Executives who have Frankfort First Existing Employment Agreements in effect on the Closing Date, a Frankfort First Replacement Employment Agreement in each case dated as of the Closing Date and executed on behalf of the Bank by a duly authorized officer and by the appropriate Frankfort First Executive.

  • Employee shall submit to Company payroll records and/or any other records reasonably requested by Company showing all compensation received by Employee from the Replacement Employment as a condition of Company’s payment of Non-Competition Period Payments covering any period of time when Employee performs work for compensation.

  • Except with respect to First Northern's chief executive officer and up to two additional First Northern Executives, First Northern shall have delivered to Mutual, with respect to each of the First Northern Executives who have First Northern Existing Employment Agreements in effect on the Closing Date, a First Northern Replacement Employment Agreement in each case dated as of the Closing Date and executed on behalf of the Bank by a duly authorized officer and by the appropriate First Northern Executive.

  • Any payments to which Employee is still entitled under Paragraph 6(h)(ii) of this Agreement shall be reduced by the amount of income that he receives from any such Replacement Employment during the period of time pursuant to which he is entitled to payment under Paragraph 6(h)(ii) of this Agreement.

  • Id. In response, the Hearing Examiner recommended, and the General Counsel of the Board agreed, over Cooke’s objection, that the subpoena for deposition to Mautino should not be issued.

  • First Northern Replacement Employment Agreement" shall mean an employment agreement in substantially the form of Exhibit 4 attached to this Agreement, to be entered into at the Closing and to be effective as of the Effective Time, by and between the Bank and any one or more of the First Northern Executives, all as provided in Section 3.11 of this Agreement.

  • According to a recommended classification scheme(3), this estimated Koc value suggests that N-nitroso-N-methylurea is expected to have very high mobility in soil(SRC).

  • In accordance with Article 16b ff of the Replacement Employment Act (REA), women workers are entitled to a maternity allowance if they were insured dur- ing the nine months immediately preceding their delivery in the meaning of the Federal Act on Old Age and Survivors' Insurance (OASI), during which they have been employed for at least five months and who are still employed at the time of childbirth.

  • At the execution of this Agreement, the ---------------------- DunC Executives and the Bank shall, with respect to each of the DunC Executives other than Dxxxxx Xxxxx, enter into a DunC Replacement Employment Agreement.

Related to Replacement Employment

  • Replacement Employee means an employee specifically engaged to replace an employee proceeding on parental leave.

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

  • Supported employment means the ongoing supports to participants who, because of their disabilities, need intensive ongoing support to obtain and maintain an individual job in competitive or customized employment, or self-employment, in an integrated work setting in the general workforce at or above the state’s minimum wage or at or above the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals without disabilities. The outcome of this service is sustained paid employment at or above the minimum wage in an integrated setting in the general workforce in a job that meets personal and career goals. Supported employment services can be provided through many different service models.

  • Customized employment means an approach to supported employment which individualizes the employment relationship between employees and employers in ways that meet the needs of both. Customized employment is based on an individualized determination of the strengths, needs, and interests of the person with a disability and is also designed to meet the specific needs of the employer. Customized employment may include employment developed through job carving, self-employment or entrepreneurial initiatives, or other job development or restructuring strategies that result in job responsibilities being customized and individually negotiated to fit the needs of the individual with a disability. Customized employment assumes the provision of reasonable accommodations and supports necessary for the individual to perform the functions of a job that is individually negotiated and developed.

  • Permanent Employee means an employee in the classified service who has successfully completed a probationary period.

  • Fixed-term employment means the engagement of an employee on the basis of a written contract of employment for a fixed period:

  • Management Employee means an employee in a position having significant responsibilities for formulating district policies or administering district programs. Management positions shall be designated by the public school employer subject to review by the Public Employment Relations Board.

  • Contract employee means an employee performing services under a PEO services contract or

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.

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

  • Prior Employment Agreement has the meaning set forth in the recitals hereto.

  • self-employment route means assistance in pursuing self-employed earner’s employment whilst participating in—

  • Ceased employment means anyone who has exited the organisation for whatever reason, including resignations, redundancies and dismissals.

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

  • Permanent Employees means all employees who are not casual employees, or employees working in a long-term supply assignment, as defined below.

  • 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.

  • Substitute employee is a person hired to perform the duties of a position in the temporary absence of the employee who is regularly assigned to that position.

  • Competitive employment means work in the competitive labor market that is performed on a full-time or part-time basis in an integrated setting and for which an individual is compensated at or above the minimum wage, but not less than the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals who are not disabled.

  • Suitable employment or "suitable job" means employment or a job:

  • Student Employee means a student who is paid by the District, and may include students participating in a work study program or who receive stipends while they are acting within the scope of their employment at the District at the time the intellectual property was created.

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Parent Employee means any director or any officer or any other employee (full-time or part-time) of any of the Parent Entities.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Post-Employment Period means the eighteen month period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary or against public policy, such covenant shall be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, shall be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive shall, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identify of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

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

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