Participant or the Employer Clause Samples

The 'Participant or the Employer' clause defines the parties to whom certain rights, obligations, or benefits under the agreement may apply, specifically distinguishing between the individual participant and their employer. In practice, this clause clarifies whether actions, notifications, or entitlements are to be directed to the employee (participant) or the employing organization, depending on the context of the agreement. Its core function is to ensure clarity in the allocation of responsibilities and benefits, thereby preventing misunderstandings about which party is affected by or responsible for specific provisions.
Participant or the Employer. If the Partnership offers the Participant a grant of DRUs under the Plan, then the Partnership will collect the Participant’s personal data for purposes of allocating stock and implementing, administering and managing the Plan. The Partnership’s legal basis for the processing of the Participant’s personal data would be his or her consent.
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Related to Participant or the Employer

  • By the Employer The Employer may terminate the Executive’s employment:

  • FOR THE EMPLOYER FOR THE UNION:

  • By the Employee This Agreement and the obligations created hereunder may not be assigned by the Employee, but all rights of the Employee hereunder shall inure to the benefit of and be enforceable by his heirs, devisees, legatees, executors, administrators and personal representatives.

  • The Employer This Agreement shall inure to the benefit of and be binding upon the Employer and its successors and assigns. The Bancorp and the Bank will each require any successor to it (whether direct or indirect, by stock or asset purchase, merger, consolidation or otherwise) or to all or substantially all of its business or assets to assume expressly and agree to perform this Agreement in the same manner and to the same extent it would be required to perform it if no such succession had taken place.

  • RIGHTS OF THE EMPLOYER The Employer reserves and retains, solely and exclusively, all management rights, powers, and authority, including the right of management to manage, control, and direct its work forces and operations except those as may be modified under this Agreement.