Sentences with phrase «pay upon termination»

Given the length of time Musoni worked for Logitek, he might have actually been entitled to three - and - a-half months pay upon termination of employment, not two - weeks salary, says lawyer Sean Bawden of Kelly Santini LLP in Ottawa.
If your employer is discriminating or retaliating, not paying fair wages and overtime, not reimbursing you for expenses, failing to pay you for unused vacation pay upon termination, and / or breaching agreements with you, contact us for a free consultation: 510-645-1585.
DMR paid Mr. Budge one week's pay upon termination.
Wood argued that the clause excluded Deeley's statutory obligation to contribute to her benefit plans during the notice period and did not clearly require Deeley to pay severance pay upon termination.
... Rising interest rates — With the rate guaranteed on new contributions of 8.0 %, the MVA would equal - $ 7,658 and the amount paid upon termination would be $ 119,970.

Not exact matches

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).
Upon termination of this Agreement, all rights granted to you under this Agreement will cease immediately, and you agree that you will: (a) immediately discontinue use of any applicable Juicy Juice Websites; and (b) as applicable, pay any amounts owed to Juicy Juice in full within thirty (30) days from the date of such termination.
Clearly, this book is to prove very relevant given the ongoing court cases across the country (see a prior post on these cases here) regarding teachers and the systems being used to evaluate them when especially (or extremely) reliant upon VAM - based estimates for consequential decision - making purposes (e.g., teacher tenure, pay, and termination).
Subject to the exception in Section 8.3 below, upon Termination of the Agreement, We will refund amounts paid by You for Publishing Packages or individual Services («Refund») as follows: Revised: 8/5/2015 (a) Publishing Packages.
Jan 2 (Reuters)- Commercial Metals Co:: COMMERCIAL METALS SAYS CO & UNITS TO PAY GNA FINANCING FEE OF $ 40 MILLION UPON TERMINATION OF DEAL UNDER SPECIFIED CIRCUMSTANCES - SEC FILING.
The Merger Agreement contains certain termination rights for both VaxGen and OXiGENE, and further provides that, upon termination of the Merger Agreement under specified circumstances, including by VaxGen to pursue a superior transaction, as defined in the Merger Agreement (including a liquidation), or by OXiGENE to pursue a financing transaction with net proceeds of least $ 30 million, either party may be required to pay the other party a termination fee of $ 1,425,000 and to reimburse the other party's expenses up to $ 325,000.
Your refund will be equal to the payments that you have made, less any previous refunds, and a fee of up to $ 50 per plan or 50 % of the amount paid to the board, whichever is less, may be assessed upon termination of the plan.
Under Labor Code § 203 your final pay becomes immediately due upon a termination.
Reasonable notice of termination is a principle used where an employer has an obligation upon termination to either provide advanced, reasonable notice of termination or pay in lieu of notice under the legislation.
Two of the provisions confirmed that Holm was not entitled to any additional compensation, damages, pay in lieu of notice or further notice of termination upon termination without cause, other than what was provided by s. 2 (2).
By definition, the paid up value of a life insurance policy is the value an owner receives from the insurer upon default or surrender or early termination of the policy before its maturity or the insured's death.
Severance pay is money that is provided to an employee upon termination.
In June 2002, the employer sent the employee a new contract that reduced the employee's entitlement upon termination from two years» pay to three weeks» notice or pay in lieu of notice for each year of employment, to a maximum of thirty weeks.2 The employee refused to sign the new employment contract.
The contract included a termination clause, which limited Ms. Wood's entitlements upon termination without cause to two (2) weeks» of pay per full or part year of service.
An employer ordered by the Ontario Small Claims Court to pay severance despite having provided their former employee a total of sixty - two (62) weeks working notice and ex gratia payment upon termination.
The Court found that DMR paid little attention to the incidents upon which DMR based its position of just cause when they allegedly occurred, and that DMR only raised them in response to Mr. Budge's claim for reasonable notice of termination.
An employer may limit the damages it is required to pay a dismissed employee upon dismissal by inserting language into the employment contract that limits the employee's entitlement to damages upon termination.
Upon termination the employer paid salary and benefits for 13 weeks of working notice as well as a lump sum equivalent to eight weeks» pay.
Some of the most common are wrongful termination, discrimination, retaliation, violations of the Family Medical Leave Act, violations of the Fair Employment and Housing Act, Violations of the California Family Rights Act, privacy breaches (e.g. disclosure of a medical condition to someone who did not need to know), contract breaches, unfair bargaining and / or union and labor law disputes, unpaid wages, unpaid overtime, failure to pay minimum wage for all hours worked, failure to provide proper pay stubs, failure to pay for unused vacation days upon resignation or termination, failure to pay for all hours worked within 72 hours of quitting, failure to pay for all hours worked immediately upon leaving when the employee gives fair notice or resignation to the employer, failure to keep adequate records, failure to produce employment records upon request, failure to provide wage and pay information upon hiring, misclassification of an hourly employee as an exempt employee, misclassification of an hourly employee as an independent contractor, work place bullying, sexual harassment, disparate impact, disparate treatment, class actions for failure to pay wages and over time, class actions for failure to provide meal and rest breaks, and class actions for failure to reimburse employees for expenses.
However, if an employer needs to rely upon one of the grounds under Section 119 of the LPA to terminate employment without paying any statutory severance pay and / or notice under Section 118 of the LPA or to protect an employer from a claim for unfair termination, it is highly recommended that a written notice be issued, which specifies clear and sufficient reasons for termination in the termination notice.
With respect to entitlement on termination of employment, the employment contract provided as follows for a without - cause termination: Regular employees may be terminated at any time without cause upon being given the minimum period of notice prescribed by applicable legislation, or by being paid salary in lieu of such notice of as may otherwise be required by applicable legislation.
Whether a lump sum payment to settle three grievances, paid to McLaughlin upon termination of his employment, was salary - based and, therefore, pensionable.
Upon termination of the certificate, underwriters will pay eligible medical expenses, as defined herein, for up to 90 days beginning on the first day of diagnosis or treatment of a covered injury or illness while the member is outside his or her home country and while the certificate was in effect.
Upon termination of the coverage, clients can be refunded either a portion of the paid premiums or more.
Upon any termination, you will pay Resume Place for all services provided prior to such termination.
If alimony was set through a separation agreement that allows for termination upon cohabitation, you may be able to stop paying and then raise cohabitation as a defense when your former spouse sues you for breach of the agreement.
Andover Retail Services, Inc. v. Lincoln Metrocenter Partners, L.P. (279 A.D. 2d 269)- summary judgment dismissing brokers claim affirmed; where brokerage agreement provided that landlord would be relieved of its obligation to pay installment payments on commission upon a termination of the lease by tenant, the broker was not entitled to installment payments after landlord and tenant entered into a surrender and cancellation agreement of the lease, even though surrender and cancellation agreement provided for payment from landlord to tenant
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