Future Service Sample Clauses
POPULAR SAMPLE Copied 1 times
Future Service. The Company, the Employee and the Board may mutually agree to continue Executive’s Employment with or services to the Company beyond January 31, 2025. If:
(i) the Employee and the Board mutually agree, no later than November 1, 2024, on the compensation and other employment terms pursuant to which the Employee’s service as Executive Chairman shall continue beyond January 31, 2025, then such service shall continue; provided, however, that Employee’s termination benefits as set forth in Section 6 of the Agreement shall remain in place (for purposes of clarity, any mutually agreed upon compensation shall not be deemed to be an Involuntary Termination); or
(ii) the Employee and the Board mutually agree, no later than November 1, 2024, to end the Employee’s service as Executive Chairman as of the close of business on January 31, 2025, and the Board extends an offer to Employee to continue to serve as Chairman of the Board, then the Employee shall be entitled to receive cash and equity compensation for such service as Chairman of the Board pursuant to the Company’s non-employee director compensation program in effect at such time; in this scenario, this Agreement, and Employee’s employment, shall terminate as of the close of business on January 31, 2025, but such termination shall not be deemed to be an Involuntary Termination; and the Employee’s then-outstanding equity will continue to vest pursuant to the terms of the applicable equity incentive plans and award agreements as Employee continues to serve as a non-employee director on the Board; or
(iii) the Employee and the Board are unable to mutually agree, prior to November 1, 2024, to terms for the Employee’s continued service as Executive Chairman, but the Board extends an offer to Employee to continue to serve as Chairman of the Board, then the Employee shall be entitled to receive cash and equity compensation for such services pursuant to the Company’s non-employee director compensation program in effect at such time; this Agreement, and Employee’s employment, shall terminate as of the close of business on January 31, 2025; the Employee shall be entitled to receive the termination benefits for an Involuntary Termination in accordance with Section 6 hereof; and the Employee’s remaining then-outstanding equity will continue to vest pursuant to the terms of the applicable equity incentive plans and award agreements as Employee continues to serve as a non-employee director on the Board; or
(iv) the Employ...
Future Service. AGREEMENTS
Future Service. This Contract shall extend and apply to future services rendered to the Depositor by The Warehouseman and to any additional goods deposited with The
Future Service. The parties wish to provide for a smooth succession, including providing the Company time for you and the Company to transition knowledge, relationships, and other matters that you acquired in your years with the Company. Accordingly, you agree that following your Resignation Date you will continue to assist the Company and Parent in the transition to new management (the “Services”) as set out in the Independent Contractor Services Agreement (set forth in Attachment A) (the “Independent Contractor Services Agreement”).
Future Service. The City will consider AT&T for future communications services including high speed data, voice, Internet access and cellular, subject to applicable procurement laws and regulations.
Future Service. Any administrator before being granted a sabbatical leave shall agree, in writing, to return for at least one additional year of professional service to the District immediately following the leave or refund all salary payments received for the sabbatical year.
Future Service. Effective the date of the new plan of March 1, 1992, but retroactive to July 1, 1991, all credited service earned will accrue at the thirty-eight dollar ($38.00) benefit level. Effective March 1, 1993, all credited future service earned will accrue at forty-three dollars ($43.00) per month, per year of service. Effective March 1, 1994, all credited future service will accrue at forty-five dollars ($45.00) per month, per year of service. Effective January 1, 1995, all credited future service earned will accrue at fifty-five dollars ($55.00) per month, per year of service. Effective March 1, 2002, all credited future service will accrue at sixty dollars ($60.00) per month, per year of service. Effective March 1, 2003, all credited future service will accrue at seventy dollars ($70.00) per month, per year of service. Effective January 1, 2004, all credited future service will accrue at eighty dollars ($80.00) per month, per year of service Effective January 1, 2007, all credited future service will accrue at ninety dollars ($90.00) per month, per year of service Effective January 1, 2010, all credited future service will accrue at one hundred dollars ($100.00) per month, per year of service An option for employees to contribute (at a yet to be determined cost) will be explored to offer flexibility of funding future service benefit levels above forty-five dollars ($45.00) per month per year of service.
Future Service represents continuous service with the Company but subsequent to September 1, 1960, credited according to hours worked for which pay was received by a member during each pension year (September 1 to August 31). For the purpose of applying this paragraph:
(i) A member receiving pay for at least 1920 hours will be credited with a year of future service. A member receiving pay for less than 1920 hours will be credited with one-twelfth (1/12) of a year for each 160 hours pay received.
(ii) When computing the hours for which pay has been received during each pension year after becoming a Member, the following periods shall be included:
Future Service. ( FULL TIME) The employee who has seventeen hundred (1700) or more compensatedhours shall be credited with a full year. If less than seventeen hundred (1700) hours, a proportionate credit will be given to the closest one tenth of a year.
Future Service. From time to time Client may request that ▇▇▇▇▇ Systems perform a Future Service. Provided that the service is one which ▇▇▇▇▇ Systems offers or makes available to any other client of ▇▇▇▇▇ Systems, ▇▇▇▇▇ Systems shall provide the Future Service for the consideration specified in Section 8.