Sentences with phrase «standard termination notice»

File Form 500, the Standard Termination Notice and Form 501, Post Distribution Certification with the Pension Benefit Guaranty Corporation.

Not exact matches

The notices, which warn sponsors of a potential termination of their funding agreement if standards are not improved, are usually published two or three at a time at fairly regular intervals.

Notice of Intent to Terminate (NOIT)(for Single - Employer Plans only)- The notice, required by ERISA, that a single - employer plan must provide to (1) participants, (2) PBGC, and (3) certain other parties, when the plan administrator proposes a standard or distress terminNotice of Intent to Terminate (NOIT)(for Single - Employer Plans only)- The notice, required by ERISA, that a single - employer plan must provide to (1) participants, (2) PBGC, and (3) certain other parties, when the plan administrator proposes a standard or distress terminnotice, required by ERISA, that a single - employer plan must provide to (1) participants, (2) PBGC, and (3) certain other parties, when the plan administrator proposes a standard or distress termination.

Employers operating in Ontario who «draw the circle» around employee rights and entitlements on termination should carefully review and ensure that their contractual termination clause complies with all aspects of statutory minimum standards, and in particular: (a) notice or pay in lieu, (b) benefits continuation during the notice period, (c) severance pay, if applicable, and (d) continued vacation accrual during the termination notice period.

Most standard form contracts provide for a series of notices to be given (to enable the party in default to remedy breaches) before a termination can become effective.

Notice and Severance under the Employment Standards Act / The Minimum Standards The Employment Standards Act, 2000 (the «ESA») provides the minimum standards of employment with respect to among many other things, overtime, hours of work, minimum wages, holidays, pregnancy and parental leave and termination of employment.

If a termination clause contracts out of an employment standard, the entire termination clause must be found void, resulting in reasonable notice.

(The length of notice must be 1) the notice required under any law relating to termination of employees, 2) the period required for a standard landlord / tenant termination, or 3) a week, whichever is longest.

Since the initial Employment Offer did not expressly touch upon the issue of reasonable notice for termination without cause, it was an implied term of the contract that the plaintiff was entitled to the common law standard of reasonable notice.

Agreement Checker The only product that can run searches within specific clauses and sub-clauses for any type of contract (e.g., you can research the notice periods within each termination clause in all public license agreements to see what's standard).

Each of the five employment contracts contained a contractual clause that intended to replace the Employee's right to common law notice upon termination, with the statutory minimums, under Ontario's employment standards legislation, the Employment Standards Act, 2000, S.O. 2000, c. 41 (the «ESA»).

A fixed term contract of less than 12 months will not attract any severance or notice obligations from the employer; however, if the employee is allowed to work even one day beyond the expiration date, or if the contract is for a period longer than 12 months, the employee is covered by the termination requirements specified in employment standards legislation, even if the contract term is expiring.

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Termination clauses, however, can limit notice to minimal entitlements under employment standards law.

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