an employer cannot fire an employee without sufficient cause or reason. Terminating an employee based on caste, race, color, gender, etc. are illegal causes of termination in many countries. An employee who has taken maternity leave or a leave of absence, or has reported wrongdoings...
This has included shareholder challenges to decisions by the Board to terminate an executive without cause, and pay large severance amounts rather than dismiss the CEO for cause. The issue arose back in the 1990’s when Michael Ovitz and Disney parted ways, and again more recently when the ...
Leave When Employment TerminatesWhen the employment of an employee is terminated for any reason, the employee or his/her estate shall, in lieu of earned but unused vacation leave, be paid an amount equal to the product obtained by multiplying the number of days of earned but unused vacation ...
Generally, this means both the employer and the employee have the right to end the employment relationship at any time without giving advance notice or a reason. Employers today are prudent to state their lawful business reason(s) for a termination decision even if they have an employment-at-...
If it’s Necessary to Fire Employee on FMLA, Here’s How …– Despite what might you have been told, you can discharge an employee while on leave for cause under the Family and Medical Leave Act. If you feel you must terminate such an employee, here are the guidelines. ...
Termination Option Eventmeans an event of a kind defined as such in Section 4.1, 4.2 or 4.8. 3(i) Optionmeans an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee. Top-Up Optionhas the meaning set forth in Section 1.04(a). ...
As you know, not all projects have a serial output port enabled and the use of “printf” commands to present messages to the console window when connected to the target is an extremely valuable tool. 0 Kudos Reply 02-13-2014 04:04 AM 640 Views TICS_Fio...
Awards, the Terminating Plans, and the Deferred Compensation Plan, the consummation of the transactions contemplated by this Agreement, by itself, will not cause or result in the acceleration of the vesting or payment of any compensation or benefits in any material amount under any Employee Plan....
The Non-Competition Period will, however, be one year instead of three years with respect to aTerminating Sellerif (i) that Seller’s employment is involuntarily terminated (i.e., by the Company) without “cause” or (ii) in the event of a material breach of Buyer’s payment obligations...