Reemployment Contract Clauses (58)

Grouped Into 4 Collections of Similar Clauses From Business Contracts

This page contains Reemployment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Reemployment. In the event of a Participant's reemployment by the Company during the period of time in respect of which severance benefits have been provided (that is, benefits as a result of a Qualifying Termination), the Company, in its sole and absolute discretion, may require such Participant to repay to the Company all or a portion of such severance benefits as a condition of reemployment.
Reemployment. In the event of a Participant's reemployment by the Company during the period of time in respect of which severance benefits have been provided (that is, benefits as a result of a Qualifying Termination), Severance Period, the Company, in its sole and absolute discretion, may require such Participant to repay to the Company all or a portion of such severance benefits as a condition of reemployment.
Reemployment. In the event of a Participant's reemployment by the Company of an Affiliate during the period of time in respect of which severance benefits have been provided (that is, benefits as a result of a Qualifying Termination), the Company, Company or the Participant's employing Affiliate, in its sole and absolute discretion, may require such Participant to repay to the Company or an Affiliate all or a portion of such severance benefits as a condition of reemployment.
Reemployment. In the event of a Participant's reemployment by the Company or one of its Affiliates during the period of time in respect of which severance benefits have been provided (that is, benefits as a result of a Qualifying Termination), Severance Period, the Company, in its sole and absolute discretion, may require such Participant to repay to the Company all or a portion of such severance benefits as a condition of reemployment.
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Reemployment. The Executive hereby waives any and all claims to reemployment with the Company or any of its affiliates and affirmatively agrees not to seek further employment with the Company or any of its affiliates. The Executive understands and agrees that the Executive: A. Has been offered at least forty-five (45) days during which to consider this Agreement before signing it and understands that if she signs this Agreement prior to the expiration of such forty-five (45) day period she knowingly and volun...tarily waives the remainder of such consideration period; B. Has carefully read and fully understands all of the provisions of this Agreement; C. Is waiving and releasing any rights under the ADEA and the Older Workers Benefit Protection Act ("OWBPA"), among other claims; D. Knowingly and voluntarily agrees to all of the terms set forth in this Agreement (and acknowledges the receipt of the information included on Exhibit A attached hereto); E. Knowingly and voluntarily intends to be legally bound by the terms of this Agreement; F. Was advised and hereby is advised in writing to consider the terms of this Agreement and consult with an attorney of the Executive's choice prior to executing this Agreement; G. Has a full seven (7) days from the date of execution of this to revoke this Agreement (including, without limitation, any and all claims arising under the ADEA) by sending written notice to Jeff Hoban, Acting General Counsel, and that neither the Company nor any other person is obligated to provide any payments or benefits to the Executive pursuant to Section 3.B until eight (8) days have passed since the Executive's signing of this Agreement without the Executive's having revoked this Agreement; H. Understands that rights or claims under the Age Discrimination in Employment Act of 1967 (29 U.S.C. § 621, et seq.) that may arise after the date this Agreement is executed are not waived, except that following the Executive's execution of the Bring-Down Release, the Executive understands that such rights or claims prior to the date that the Bring-Down Release is executed are waived; I. Understands that nothing in this Agreement (including Section 7) prevents or precludes the Executive from challenging or seeking a determination of the validity of this waiver under the ADEA or the OWBPA in good faith, nor that it imposes any condition precedent, penalties, or costs for doing so, unless specifically authorized by federal law; J. Understands that once the Company has made its final offer of severance, any changes, whether material or immaterial, to this Agreement do not restart the forty-five (45) day period in which to consider the Agreement before signing it; and K. Has a full seven (7) days from the date of execution of the Bring-Down Release by sending written notice to Jeff Hoban, Acting General Counsel, and that, notwithstanding anything to the contrary in this Agreement, neither the Company nor any other person is obligated to provide any payments or benefits to the Executive pursuant to Section 3.B until eight (8) days have passed since the Executive's signing of the Bring-Down Release without the Executive having revoked the Bring-Down Release. For the avoidance of doubt, Executive agrees that the provisions of this Section 9A through 9J also apply to Executive's consideration and decision to sign and agree to the terms of the Bring-Down Release (so that references to the terms of this Agreement are deemed to include the terms of the Bring-Down Release). View More
Reemployment. The Executive hereby waives any and all claims to reemployment with the Company or any of its affiliates and affirmatively agrees not to seek further employment with the Company or any of its affiliates. The Executive understands and agrees that the Executive: A. Has been offered at least forty-five (45) twenty-one (21) days during which to consider this Agreement before signing it and understands that if she he signs this Agreement prior to the expiration of such forty-five (45) 7Doc#: US1:1226...7307v11 Exhibit 10.11 twenty-one (21) day period she he knowingly and voluntarily waives the remainder of such consideration period; B. Has B.Has carefully read and fully understands all of the provisions of this Agreement; C. Is waiving and releasing any rights under the ADEA and the Older Workers Benefit Protection Act ("OWBPA"), among other claims; D. Knowingly D.Knowingly and voluntarily agrees to all of the terms set forth in this Agreement (and acknowledges the receipt of the information included on Exhibit A attached hereto); E. Knowingly Agreement; E.Knowingly and voluntarily intends to be legally bound by the terms of this Agreement; F. Was advised and hereby is advised in writing to consider the terms of this Agreement and consult with an attorney of the Executive's choice prior to executing this Agreement; G. Has a full seven (7) days from the date of execution of this to revoke this Agreement (including, without limitation, any and all claims arising under the ADEA) by sending written notice to Jeff Hoban, Acting General Counsel, P. Gray Finney, Chief Legal Officer, and that neither the Company nor any other person is obligated to provide any payments or benefits to the Executive pursuant to Section 3.B or 3.C of this Agreement until eight (8) days have passed since the Executive's signing of this Agreement without the Executive's having revoked this Agreement; Agreement (such eighth (8th) day, on which the "Release of All Claims" under this Agreement becomes irrevocable and effective, the "Release Effective Date"); H. Understands that rights or claims under the Age Discrimination in Employment Act of 1967 (29 U.S.C. § 621, et seq.) that may arise after the date this Agreement is executed are not waived, except that following the Executive's execution of the Bring-Down Release, the Executive understands that such rights or claims prior to the date that the Bring-Down Release is executed are waived; I. Understands that nothing in this Agreement (including Section 7) 8) prevents or precludes the Executive from challenging or seeking a determination of the validity of this waiver under the ADEA or the OWBPA in good faith, nor that it imposes any condition precedent, penalties, or costs for doing so, unless specifically authorized by federal law; and J. Understands that once the Company has made its final offer of severance, any changes, whether material or immaterial, to this Agreement do not restart the forty-five (45) twenty-one day period in which to consider the Agreement before signing it; and K. Has a full seven (7) days from the date of execution of the Bring-Down Release by sending written notice to Jeff Hoban, Acting General Counsel, and that, notwithstanding anything to the contrary in this Agreement, neither the Company nor any other person is obligated to provide any payments or benefits to the Executive pursuant to Section 3.B until eight (8) days have passed since the Executive's signing of the Bring-Down Release without the Executive having revoked the Bring-Down Release. For the avoidance of doubt, Executive agrees that the provisions of this Section 9A through 9J also apply to Executive's consideration and decision to sign and agree to the terms of the Bring-Down Release (so that references to the terms of this Agreement are deemed to include the terms of the Bring-Down Release). it. View More
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Reemployment. Executive will not seek to become re-employed by, or to perform services for, the Company or any of its affiliates in any capacity, including as a consultant, except as expressly set forth in Paragraph 1(c) above. Any application for re-employment or to perform services may be rejected without explanation pursuant to this Paragraph.
Reemployment. Executive Employee will not seek to become re-employed by, or to perform services for, the Company or any of its affiliates in any capacity, including as a consultant, except as expressly set forth in Paragraph 1(c) above. consultant. Any application for re-employment or to perform services may be rejected without explanation pursuant to this Paragraph. paragraph.
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Reemployment. The retirement benefit otherwise payable hereunder to any Participant who previously retired or otherwise had a Termination of Employment and is subsequently reemployed shall be treated in a manner consistent with the treatment of the benefit under the applicable Qualified Plan.
Reemployment. The retirement benefit otherwise payable hereunder to any Participant who previously retired or otherwise had a Termination of Employment and is subsequently reemployed shall be treated in a manner consistent with the treatment of the benefit under the applicable Qualified Pension Plan or Designated Qualified Plan.
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