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payback clause


Payback clause | CEDEFOP - European Union

Payback clause is a legal instrument that allows employers to bind employees for a certain period of time in compensation for the employer's investment in ...

Pay Back Sample Clauses - Law Insider

Pay Back. In the event of resignation, termination, or discharge of a teacher to whom sick leave has been advanced in excess of that earned, the teacher is ...

Payback Terms Sample Clauses - Law Insider

Payback Terms. If Employee elects to voluntarily terminate his employment with the Company within twelve (12) months of the date Employee receives the ...

Agenda Relocation: Payback Time - SHRM

Under a payback clause, a transferred employee agrees to reimburse the company all or part of the employer's expenses for the transfer if the employee leaves ...

Employees Paying Back Relocation Expenses? Understanding ...

What is an Employee Relocation Package Pay Back Clause or Relocation Repayment Agreement? A relocation package payback clause, or a relocation ...

payback clause | CEDEFOP - European Union

In education and training, contractual clause in which an employee commits himself/herself not to resign for a certain period after a training financed by ...

Pay Back Contract Definition: Everything You Need to Know

This type of contract can be used with repayment clauses, termination payments, training costs, and futures contracts. How Back Month Contracts ...

Navigating "Stay or Pay" Clauses - Matern Law Group

... pay back their employer for the cost of providing the training. If a stay or pay clause is present, employees should pay attention to the ...

Ruth L. Kirschstein National Research Service Award Payback ...

Postdoctoral Kirschstein-NRSA recipients will incur a payback obligation for 12 months, or one month for each month an individual receives postdoctoral.

Repayment clauses - Crossland Employment Solicitors

Repayment clauses · Confirm that the specified compensation is a genuine pre-estimate of the loss (if applicable). · Phrase the clawback as a conditional primary ...

What is the Medicaid Payback Provision in a Special Needs Trust?

The Medicaid Payback Provision means that when the beneficiary of the special needs trust (usually the plaintiff in the original case) passes away, then every ...

Clause in employment contract to pay back the recruitment fee if I ...

There's a clause in there stating that I must pay back 50% of the fee they paid the recruitment agency if I leave within 24 months, or I'm terminated by the ...

Repayment clauses: Payback time - Personnel Today

A clause that requires one party to pay the other a particular sum if they break the contract could be regarded as a penalty. If so, it will be unenforceable.

Examples of signing bonus clauses in contracts - Afterpattern

Signing bonus clause samples. Signing Bonus: The Company agrees to pay you a one-time cash signing bonus in an amount ...

Employee Payback Agreements: Legal, But Unwise - ERE.net

Employee payback agreements (EPA's) appear to be enforceable bilateral contracts. That means each party is promising to do something in exchange for the return ...

Why The Miller Trust Payback Clause Is Not A Deal Breaker

Even with the payback provision, a Texas Miller Trust is still the smart choice for people over the income limit.

Employee Repayment Agreements – Tips for Protecting ... - JD Supra

Most employers use some sliding scale reduction in the amount of payback. ... Include an Entirety Clause. "The parties acknowledge that the ...

Repayment Contract Clause Examples - Business Contracts | Justia

This page contains Repayment clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.

my new job comes with a surprise relocation pay-back clause

It requires me to pay back 100% of the relocation expenses if I resign within 12 months. I know these “clawback” clauses are common in relocations.

How to deal with repayment clauses - Practice Business

Including a repayment clause allows employers to recover some of the costs incurred (such as travel fees) if they do not gain the anticipated ...