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Required Relocation definition

Required Relocation means if you are required to relocate to a new position that is more than 75 miles from the location of your employment prior to such written required relocation.
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Required Relocation means if you are required to relocate to a new position that is outside of Long Island or, in the event you are willingly transferred to another SMSC location, that is more than 75 miles from the location of your employment.
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Required Relocation means if you are required to relocate to a new position that is outside of Long Island or, in the event you are willingly transferred to another SMSC location, that is more than 75 miles from the location of your employment. The foregoing severance benefits may not be reduced without your written consent, notwithstanding the terms and conditions of any Severance Plan, or the cancellation of modification of any Severance Plan. The payment of 12 months base salary as severance is in lieu of any severance payment of base salary you would receive as part of any Severance Plan; however you shall receive any additional benefits not set forth herein to which you are entitled as an Executive as part of any Severance Plan. The parties acknowledge that the payment of some or all of the above severance benefits payable under the SMSC Severance Plan or this Letter Agreement may be considered to be a form of nonqualified deferred compensation benefits subject to 409A. In recognition of this fact, the parties hereby agree and confirm as follows: i. Notwithstanding anything to the contrary in this Agreement, in no event shall any benefits be paid to you prior to the 6th month anniversary of your Separation from Service as defined pursuant to 409A, unless otherwise permissible under 409A. Any and all payments that may not be paid prior to such 6th month anniversary shall be delayed until the first day of the month after such 6th anniversary occurs and shall retroactively apply to make you whole for any lost benefits, with interest at the rate of prime plus 2%, determined as of the first day of the month in which the Separation from Service occurred. To the extent that you are required to pay for the cost of any benefits to keep them in full force and effect during the 6 month delay period, you shall also be reimbursed for such out-of-pocket expenses as of the same date provided above with the same rate of interest. ii. In the event that any payment or benefit required to be paid to you pursuant to this Agreement would violate 409A, the parties agree notwithstanding any provisions of this Agreement to the contrary, to amend this Agreement, to the extent necessary and reasonable to maintain the spirit of this Agreement without resulting in a violation under Section 409A. iii. In the event of a violation of 409A , it is not the intent of the Company for you to incur the excise tax and other penalties under 409A. Accordingly, to the extent any excise taxes, or underpayment of...
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Examples of Required Relocation in a sentence

  • Any monetary element beyond Required Relocation Payments which may be associated with an alternative housing option described in Section 6.10, above, is not relocation assistance and is therefore not subject to the requirements regarding lump sum payments.

  • Upon ------------------------------- Required Relocation or Material Breach.

  • In addition to the Maximum Reimbursement Amount (if any), in the event of a Required Relocation, and upon approval to pay such costs as evidenced by a resolution or ordinance duly adopted by the Board, the Port shall pay to Permittee the unamortized costs of Permittee’s improvements to the original Assigned Space.

  • Port shall give Permittee at least 90 days prior written notice (the “Change Notice”) setting forth a description of the Required Relocation or the Assigned Space Change, as applicable, the approximate effective date thereof (the “Target Effective Date”), the “Maximum Reimbursement Amount,” if any, and with respect to a Required Relocation, the location of the on-Airport replacement Assigned Space, as conclusively determined by the Port.

  • Required Relocation AssistanceCompliance with the URA is required in all occupied developments receiving federal assistance in order to minimize displacement of persons.

  • Upon Required Relocation or Material --------------------------------------------------------------- Breach.

  • In the event that an Eligible Executive provides a Notice of Separation from Service for Good Reason based upon a Required Relocation, the Eligible Executive shall not be required to relocate until such time he/she waives his/her rights under this Agreement related to the Required Relocation or he/she has a Separation from Service.

  • Handbook 1378, Chapter 3-7(D) provides guidance on the manner and frequency of disbursing payments subject to this requirement.Any monetary element beyond Required Relocation Payments which may be associated with an alternative housing option described in Section 6.10, above, is not relocation assistance and is therefore not subject to the requirements regarding lump sum payments.

  • This cost is included in the Board-adopted Infrastructure Improvement Plan FY 2020-2025 budget under projects P-3 Ekwill, Xxxxxx, and Xxxxxxxxx Infrastructure Relocation and P-4 City, County, Caltrans Required Relocation Projects.

  • See the ChildCareBC Maintenance Fund website for examples of acceptable documentation.*Funds are requested for:Emergency Repair and/or Replacement Required Relocation *Total Amount Requested:*Planned Purchase/ Completion Date:For Required Relocation Requests OnlyProvide a description of the Emergency Circumstance resulting in the required relocation of the child care facility.


More Definitions of Required Relocation

Required Relocation means the Company’s requirement that an Eligible Executive relocate to a work site in excess of fifty (50) miles from the current work site of the Eligible Executive’s principal job location or office.
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Required Relocation has the meaning set forth in Section 10.02.
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Related to Required Relocation

  • Worksite location means a construction site or other temporary worksite in this state at which the employer provides services for more than twenty days during the calendar year. "Worksite location" does not include the home of an employee.

  • Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.

  • Closing Location means the location that all Proposals for this RFP will be accepted at.

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Anchor location means the physical location from which:

  • Off-Site Location means any real property other than the Real Property.

  • State Location means any physical location where the State performs work. State Location may include state-owned, leased, or rented space.

  • Site Location means any Site where BHARAT PETROLEUM CORPORATION LTD. desires to receive materials any where in India as mentioned in RFQ.

  • Automatic Location Identification Gateway or "ALI Gateway" is a computer facility into which CLEC delivers Automatic Location Identification (ALI) data for CLEC Customers. Access to the ALI Gateway will be via a dial-up modem using a common protocol. "Automatic Number Identification" or "ANI" is the Billing telephone number associated with the access line from which a call originates. ANI and Calling Party Number (CPN) usually are the same number. "Automatic Route Selection" or "ARS" is a service feature that provides for automatic selection of the least expensive or most appropriate transmission facility for each call based on criteria programmed into a circuit Switch routing table or system.

  • Submission Location means the submission location identified as such in the Summary of Key Information.

  • Principal Location has the meaning assigned thereto in clause (b)(iii) of the definition of Good Reason, above.

  • Approved Location means (a) a storage terminal or facility located in the United States or Canada owned by the Borrower or a Subsidiary; or (b) other storage location located in the United States or Canada identified by the Borrower by notice to the Administrative Agent for which, if requested by the Administrative Agent, the Borrower has used commercially reasonable efforts to cause the owner, operator or landlord thereof to execute and deliver, a waiver of lien, subordination agreement or similar agreement in form and substance reasonably acceptable to the Administrative Agent with respect to any inventories of Petroleum Products stored at such terminal or facility.

  • Return Location means the location from which the Vehicle was hired and which is shown in Rental Vehicle Agreement Part A.

  • Required Reports Collectively, the Monthly Report, the Servicer’s Certificate required pursuant to Section 6.10(c), the financial statements of the Servicer required pursuant to Section 6.10(d), the annual statements as to compliance required pursuant to Section 6.11, and the annual independent public accountant’s report required pursuant to Section 6.12.

  • Business location means a location where the firm carries out an activity that requires registration, and includes a residence if regular and ongoing activity that requires registration is carried out from the residence or if records relating to an activity that requires registration are kept at the residence;

  • Co-location means the use of an existing tower or structure to support antennae for the provision of wireless services. A replacement tower that is constructed on the same site as an existing tower will be considered a co-location as long as the new tower is no taller than the old tower and that the old tower is removed in a reasonable short time frame after the new tower is constructed.

  • Insured location means: a. The "residence premises"; b. The part of other premises, other structures and grounds used by you as a residence and: (1) Which is shown in the Declarations; or (2) Which is acquired by you during the policy period for your use as a residence; c. Any premises used by you in connection with a premises in 4.a. and 4.b. above; d. Any part of a premises: (1) Not owned by an "insured"; and (2) Where an "insured" is temporarily residing; e. Vacant land, other than farm land, owned by or rented to an "insured"; f. Land owned by or rented to an "insured" on which a one or two family dwelling is being built as a residence for an "insured"; g. Individual or family cemetery plots or burial vaults of an "insured"; or h. Any part of a premises occasionally rented to an "insured" for other than "business" use.

  • Project Location means the points or areas designated as such on Exhibit A and located on the ground by reference to points, stations, natural land features, improvements, or area boundary signs. STATE means the Oregon Department of Forestry, State Forester, or a duly Authorized Representative of the State Forester.

  • Designated Location means the agreed physical location identified in the applicable Notification Form at which where the server-based portion of the Application Software resides.

  • Required Reserve means, on any day during a Calculation Period, the product of (a) the greater of (i) the Required Reserve Factor Floor and (ii) the sum of the Loss Reserve, the Interest Reserve, the Dilution Reserve and the Servicing Reserve, times (b) the Net Pool Balance as of the Cut-Off Date immediately preceding such Calculation Period.

  • Enclosed, locked facility means a building, room, greenhouse, outdoor fenced-in area, or other location that is enclosed on all sides and prevents cannabis from easily being viewed by the public. The facility shall be equipped with locks or other security devices that permit access only by:

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Increased Facility Activation Notice means a notice substantially in the form of Exhibit B-1.

  • Automatic Location Identification or "ALI" is the automatic display at the Public Safety Answering Point (PSAP) of the caller's telephone number, the address/location of the telephone and supplementary emergency services information for Enhanced 911 (E911).

  • Permanent residence means a place where the person abides, lodges, or resides for 5 or more consecutive days.

  • Principal Relocation Payment A payment from any Loan Group to REMIC 1 Regular Interests other than those of their corresponding Loan Group as provided in the Preliminary Statement. Principal Relocation Payments shall be made of principal allocations comprising the Principal Amount from a Loan Group.

Most Referenced Clauses

Most Referenced Definitions