Severance Arrangement definition

Severance Arrangement means The Macerich Company Amended and Restated Severance Pay Plan, as in effect on the Effective Date.
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Severance Arrangement means (i) if the Participant is a participant of the Company’s Change in Control Employee Severance Plan (the “Severance Plan”) as of the date hereof or at the time of Termination, the Severance Plan, or (ii) if the Participant is party to an employment agreement with the Service Recipient as of the date hereof or at the time of Termination that provides for equity acceleration benefits upon a Covered Termination (an “Employment Agreement”), such Employment Agreement.
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Severance Arrangement means each termination, severance or similar plan, policy or arrangement of the Seller concerning Employees.
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Examples of Severance Arrangement in a sentence

  • In the event of a conflict between this Agreement and the Stock Plan or this Agreement and the Severance Arrangement, this Agreement shall be controlling and determinative, except as otherwise expressly indicated otherwise in the Stock Plan or the Severance Arrangement.

  • The provisions of the Stock Plan and the Severance Arrangement are hereby incorporated by reference as if set forth herein.

  • In the event of a conflict between this Agreement and the Stock Plan or this Agreement and the Severance Arrangement, or this Agreement and the Service Agreement, this Agreement shall be controlling and determinative.

  • The provisions of the Stock Plan, Severance Arrangement and Service Agreement are hereby incorporated by reference as if set forth herein.


More Definitions of Severance Arrangement

Severance Arrangement has the meaning set forth in Section 3.16(a).
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Severance Arrangement means the RE/MAX, LLC Severance Pay Benefit Plan (and any other severance plan or policy maintained by the Company or an Affiliate) and, if applicable, any offer letter or employment, severance or similar agreement with the Company or an Affiliate that provides for the payment or provision of severance payments and/or benefits.
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Severance Arrangement means the RE/MAX, LLC Severance Pay Benefit Plan (and any other severance plan or policy maintained by the Company or an Affiliate) and, if applicable, any offer letter or employment, severance or similar agreement with the Company or an Affiliate that provides for the payment or provision of severance payments and/or benefits.
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Related to Severance Arrangement

  • Severance means the complete separation and dismemberment of the part from the body.

  • Severance Agreement means the Amended and Restated Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Change in Control Agreement means a written Change in Control Agreement between an employee and the Company or an Affiliate.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Severance Amount means:

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Health benefits plan means a benefits plan which pays or

  • Change in Control Benefit means the benefit described in Section 2.4.