Such Employment Benefits definition

Such Employment Benefits shall terminate upon the earlier of (i) twelve months from the date of the Employee's termination or (ii) upon commencement of new employment by the Employee.
Sample 1Sample 2Sample 3
Such Employment Benefits shall terminate upon the earlier of (i) eighteen (18) months from the date of the Employee's termination or (ii) upon commencement of New Employment by the Employee. In addition, Employee shall be entitled to reimbursement of up to $10,000 worth of outplacement services actually used.
Sample 1

Examples of Such Employment Benefits in a sentence

  • Such Employment Benefits shall terminate upon the earlier of (i) twelve months from the date of the Employee's termination or (ii) upon commencement of new employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (A) twelve (12) months from the date of the Employee’s termination, or (B) upon commencement of new employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (i) twelve (12) months from the date of the Employee's termination or (ii) upon commencement of new employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (i) eighteen (18) months from the date of the Employee's termination or (ii) upon commencement of New Employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (1) twelve (12) months from the date of the Employee's termination or (2) upon commencement of new employment by the Employee.

  • Such Employment Benefits, including dependent benefits, shall terminate upon the earlier of (i) _________________ from the date of the Employee’s termination or (ii) upon commencement of new employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (i) six (6) months from the date of the Employee's termination or (ii) upon commencement of new employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (i) 12 months from the date of the Employee’s termination or (ii) upon commencement of new employment by the Employee.

  • Such Employment Benefits shall terminate upon the earlier of (1) eighteen (18) months from the date of the Employee's termination or (2) upon commencement of new employment by the Employee.

Related to Such Employment Benefits

  • Employment benefits means all benefits provided or made

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Disability benefits means any cash payments which are payable to a covered individual for all or part of a period of disability pursuant to P.L.1948, c.110 (C.43:21-25 et al.).

  • Covered employment means employment in a covered position.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

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

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Part-time employment means any employment or combination of one or more employments in a civil division in which an individual works fifty percent or less of the time prescribed as the standard work week by the governing body or other appropriate authority of the civil division or where the employee earns not more than one-half (1/2) of the rate assigned to the position if the position has been allocated to a graded salary schedule.

  • Disability Benefit means the benefit set forth in Article 8.

  • 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.

  • Change in Control Benefits means the following benefits:

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

  • Accrued Benefit have the meanings specified in ERISA.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

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

  • Termination Benefit means the benefit set forth in Article 7.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • SERP Benefit means the benefit described in Section 5.1.