Termination of Employment and Related Matters Clause Samples

Termination of Employment and Related Matters. (a) The Consultant will cease serving as an officer and employee of the Company and the Association on June 30, 2013 (the “Employment Termination Date”). By entering into this Agreement, the Consultant tenders his resignation, effective as of the close of business on the Employment Termination Date, from each and every position which he holds as an employee, officer, director or committee member of the Company and/or the Association and each and every other position which he holds by virtue of his status as officer, employee, or director or committee member of the Company and/or the Association. The Company and the Association accept such resignation. (b) The Company Employment Agreement and the Association Employment Agreement are each hereby amended to provide that (i) from and after the date of this Agreement, the term “Employment Period” shall mean the period ending on June 30, 2013, and (ii) no extension of the “Employment Period” as so defined to a date beyond June 30, 2013 (including but not limited to any extension relating to a Change in Control) shall occur or be recognized and (iii) at the end of the Employment Agreement the Association shall transfer to Consultant all of its rights, title and interest in and to that certain 2012 Mercedes Benz automobile, VIN No. ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.
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Termination of Employment and Related Matters. Letter of appointment
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Termination of Employment and Related Matters. 1.1. The Executive’s employment with the Company will terminate by agreement with effect as and from the Termination Date, on which date the Employment Agreement will terminate without further obligation on the part of the Company. 1.2. Save as expressly provided for in this Release, the Executive acknowledges that the Executive has no entitlement to any annual leave, payment in lieu of annual leave, notice, payment in lieu of notice, bonus, commission, share options or other incentive benefit or scheme of any type or any entitlement to compensation for the loss of any rights or benefits in respect of any such incentives or schemes and all entitlement to salary and benefits will end on the Termination Date. 1.3. [The Executive will attend work in the normal manner between the date hereof and the Termination Date] OR [The Executive will cease active employment on close of business on [DATE / the Termination Date] AND EITHER [and will go on paid garden leave from that date until the Termination Date (“Garden Leave”).] OR [and will be paid in lieu of [the unexpired part of] the Executive’s notice period.] 1.4. The Company will pay any outstanding business expenses to the Executive in accordance with its normal expenses policy as long as a claim supported by the appropriate documentation in respect of such expenses. 1.5. Any overpayments or payments due from the Executive to the Company on the Termination Date or otherwise (including loans and training costs that are repayable) may be deducted from any sums to be paid to the Executive under this Release.
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Termination of Employment and Related Matters 
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Related to Termination of Employment and Related Matters

  • Termination of Employment Relationship A casual employee who has not been called to report for work, or who has been unavailable for work for twelve (12) months, notwithstanding Article 39.03(b), shall cease to be an employee.

  • TYPES OF EMPLOYMENT AND TERMINATION OF EMPLOYMENT 15 General 16 Employees on Daily Hire 17 Casual Employees 18 Employer and Employee Duties 19 Apprentices 20 Sham Contracting 21 Termination of Employment 22 Redundancy 23 Payment of Wages and Time Records 24 Superannuation 25 Insurance 26 Insurance – Minimum Cover / Minimum Benefits 27 Insurance – Employer Liability 28 Accident Makeup Pay 29 Compensation of Tools of Trade and Clothes 30 Application of Site Agreements / Inductions and off the job training / Local Labour – Visa Requirements 31 Hours of Work 32 Presenting for Work but Not Required 33 Overtime 34 Call Back

  • Termination of Employment Agreement Employee and Company hereby acknowledge and agree that the Employment Agreement is hereby terminated and of no further force and effect and except as otherwise set forth herein, Employee shall not be entitled to any payment in the nature of severance, Change of Control or termination pay from the Company, and that the terms set forth herein is in full satisfaction of all obligations owed to Employee.

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Cooperation With Company After Termination of Employment Following termination of Executive’s employment for any reason, Executive shall fully cooperate with the Company in all matters relating to the winding up of Executive’s pending work including, but not limited to, any litigation in which the Company is involved, and the orderly transfer of any such pending work to such other employees as may be designated by the Company.