Leaving Employment Sample Clauses

Leaving Employment. Any Participant who leaves the employment of the Company shall not be entitled to any compensation for any loss of any right or any benefit or prospective right or benefit under the Scheme which he might otherwise have enjoyed whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise howsoever.

Leaving Employment. 7.1 Unless the Remuneration Committee determines otherwise, and subject to the following sentence, if the Option Holder gives or receives notice of termination of employment (in each case, whether lawfully or unlawfully) or ceases to hold employment within the Group then any part of the Option held by the Option Holder which is not Vested will lapse on the earlier of the date when notice is given and the date when employment ceases. If the Option Holder ceases to hold employment within the Group in circumstances where the Option Holder becomes a Bad Leaver, the whole of an Option held by the Option Holder, whether Vested or not, will lapse on the date when the employment ceases, unless the Remuneration Committee determines otherwise. 7.2 For the purposes of this Clause 7, the Option Holder shall not be treated as having ceased to hold employment within the Group unless and until the Option Holder no longer holds any office or employment with any member of the Group.

Leaving Employment. Should an employee decide to leave employment (resign, quit, or retire), a minimum of two (2) weeks’ notice in writing must be given to the employee’s Elected Official/Department Head if an employee is to receive payment for accrued vacation and eligible PTO. A copy of the written notice will be forwarded to the Administration Office. Failure to provide two (2) weeks’ notice or employment that is ended due to termination will result in loss of accrued vacation and eligible PTO unless waived by the County Administrator in writing. All exiting employees must return to Newaygo County any County property they may have including keys, equipment, and/or supplies prior to their last working day. Vacation and PTO payouts will be withheld until County property is returned for a maximum of the pay date following 30 calendar days after the employee’s last working day.

Leaving Employment. When an employee leaves the bargaining unit to accept a position with the College for which the Federation is not the bargaining agent, seniority on List R shall cease to accrue. If such employee later returns to the bargaining unit, all previous seniority shall be reinstated and seniority shall again accrue. For seniority on List S, see 10.30 and 5.20 D.

Leaving Employment. 7.1. If the Executive ceases to be an employee or director of the Klarna Group for any reason other than as set out in clauses 7.2 and 7.3 then the Unvested Portion shall lapse on such cessation unless the Committee decides that such Unvested Portion shall continue on the terms of the Agreement. 7.2. If the Executive’s employment with the Klarna Group is terminated due to just cause for dismissal for personal reasons (Sw. saklig xxxxx för uppsägning p.g.a. personliga skäl) or an immediate dismissal (Sw. avsked) based on the Swedish Employment Protection Act (Sw. lagen (1982:80) om anställningsskydd), or similar circumstances under applicable law then the Option shall immediately lapse in full. 7.3. If the Executive dies, any Unvested Portion of the Option shall Vest on such event unless the Committee decides otherwise and the Option shall be exercisable for a period of one (1) year from the date of death after which it will lapse to the extent unexercised. 7.4. For the purposes of this clause: (a) the date of cessation of employment or office is defined as the Executive’s last day of employment or office unless otherwise agreed by the Parties; (b) the Executive shall not be treated as ceasing to be an employee or director of the Klarna Group until the Executive ceases to be an employee or director of all members of the Klarna Group. 7.5. The Agreement shall be binding upon the Executive’s estate as well as for any beneficiaries and/or legatees as if such person(s) were the original Executive.

Leaving Employment. 5.1. The Option shall continue in accordance with the terms of the Agreement if the Executive ceases to be an employee or director of the Klarna Group for any reason but if the Executive dies then the Agreement shall be binding upon the Executive’s estate as well as for any beneficiaries and/or legatees as if such person(s) were the original Executive.

Leaving Employment. 11.1 Pulse may terminate the employment of a permanent employee by either: a. Giving the amount of notice set out below for the employee's period of continuous service based on their hire date; or b. Paying the employee the full rate of pay they would otherwise have earned during this period, had the employee been required to work: Less than 1 year 1 week 1 year and less than 3 years 2 weeks 3 years and less than 5 years 3 weeks 5 years and over 4 weeks 11.2 In addition to the notice in clause 11.1, employees over forty five (45) years of age at the time notice is given, with not less than two (2) years continuous service, will be entitled to one (1) additional weeks’ notice. 11.3 When leaving employment, a permanent employee must provide Pulse notice of termination in writing in accordance with their period of continuous service as outlined in the table in clause 11.1. 11.4 Clause 11 does not apply in the case of Pulse dismissing an employee without notice due to serious misconduct. 11.5 Upon request, Pulse will provide employees with a statement of service stating how long the employee worked for Pulse and what job the employee held. 11.6 Pulse or a maximum term employee may terminate their employment by giving the other party one (1) week notice of termination.

Leaving Employment the letter of resignation or the notice of dismissal

Leaving Employment. 8.1 If the Optionholder ceases to hold employment within the Group as a Good Leaver, then the Option shall continue to Vest in accordance with clause 4 and may (subject to clause 8.3 below) be exercised to the extent Vested, provided that the Board may at its discretion impose as a condition of any exercise following the service of notice to terminate employment that the Optionholder shall enter into arrangements satisfactory to the Board to ensure that the Option Shares acquired are offered to the Company or such other person or persons (which shall include the trustees of an employee trust) as the Board nominates, the price payable being the Fair Value of the relevant Option Shares. 8.2 If the Optionholder ceases to hold employment within the Group as a Bad Leaver, then the Option shall lapse to the extent not Vested at the date of cessation. To the extent the Option is Vested at the date of cessation it may (subject to clause 8.3) be exercised within 90 days of cessation provided that the Board may at its discretion impose as a condition of exercise that the Optionholder shall enter into arrangements satisfactory to the Board to ensure that the Option Shares acquired are offered to the Company or such other person or persons (which shall include the trustees of an employee trust) as the Board nominates, the price payable being the Fair Value of the relevant Option Shares. The Option shall lapse to the extent not exercised on the expiry of the 90 day period. 8.3 Notwithstanding clauses 8.2 and 8.3, the Option shall lapse forthwith if the Board acting reasonably determines that the Optionholder has committed misconduct or before or after the cessation commits a material breach of any of the provisions of his employment contract or any settlement agreement entered into with any Member of the Group.

Leaving Employment. (a) Subject as is in these Rules otherwise provided, upon Termination of Employment of a Member in circumstances other than as set out in this Rule 7 the Employer shall give notice thereof specifying the date of Termination of Employment and the Trustee shall: (i) the provision under Rule 7.6(a)(i) is deleted; (ii) redeem all Contribution Units held to the credit of the Member's Account of the relevant Member on the first Dealing Day next following the date of Termination of Employment or, if later, the date of receipt of such notice. The Trustee shall be entitled to assume that the Member's Employment terminated on the date specified in the notice unless a further notice is given. The Trustee shall pay to the Member a percentage of the net proceeds of redemption of the relevant Units and of any net Contributions allocable to the relevant Member in cash not at that date used to purchase Contribution Units net of any deduction authorized by these presents calculated by reference to the period of Plan Service of the Member as follows for which purpose a year is counted by reference to each anniversary of the first date of Plan Service with a year expiring on the day immediately preceding the anniversary:- Plan Service of the Member Percentage to be paid -------------------------- --------------------- Less than three (3) years Nil Three (3) years or more but less than four (4) years 30% Four (4) years or more but less than five (5) years 60% Five (5) years or more but less than six (6) years 75% Six (6) years or more but less than seven (7) years 80% Seven (7) years or more but less than eight (8) years 85% Eight (8) years or more but less than nine (9) years 90% Nine (9) years or more but less than ten (10) years 95% Ten (10) years or more 100% (b) Notwithstanding anything to the contrary contained in Rule 7.6(a), in the case of a Member leaving the Employment of an Employer and immediately thereafter becoming an employee of an Associate which is an Employer hereunder the Member shall be deemed not to have terminated his Employment and all Contribution Units and Deduction Units and any net Subscriptions credited to his Member's Account shall with effect from the date on which he becomes an employee of the Associate be deemed transferred to a Member's Account attributable to the Associate and the rights of the Employer shall be taken by the Associate together with all obligations and the Member shall for all purposes hereunder be treated as if the Employment...