Common use of Meaning of Termination of Employment Clause in Contracts

Meaning of Termination of Employment. For all purposes of this Agreement, Employee shall be considered to have terminated employment with the Company when Employee incurs a “separation from service” with the Company within the meaning of Section 409A(a)(2)(A)(i) of the Code and applicable administrative guidance issued thereunder.

Appears in 9 contracts

Samples: Employment Agreement (Cardtronics Inc), Stock Purchase Agreement (Preferred Voice Inc), Employment Agreement (Preferred Voice Inc)

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Meaning of Termination of Employment. For all purposes of this Agreement, Employee shall be considered to have terminated employment with the Company when Employee incurs a “separation from service” with the Company within the meaning of Section 409A(a)(2)(A)(i) of the Internal Revenue Code of 1986 (the “Code”), as amended and applicable administrative guidance issued thereunder.

Appears in 2 contracts

Samples: Employment Agreement (GreenHunter Energy, Inc.), Employment Agreement (GreenHunter Energy, Inc.)

Meaning of Termination of Employment. For all purposes of this Agreement, Employee shall be considered to have terminated employment with the Company Employer when Employee incurs a “separation from service” with the Company Employer within the meaning of Section section 409A(a)(2)(A)(i) of the Code and applicable administrative guidance issued thereunder.

Appears in 2 contracts

Samples: Employment Agreement (Extraction Oil & Gas, Inc.), Employment Agreement (Extraction Oil & Gas, Inc.)

Meaning of Termination of Employment. For all purposes With respect to any provision of this AgreementAgreement that provides for the payment of any amounts or the provision of any benefits following a termination of employment, Employee shall a termination of employment will not be considered to have terminated employment with occurred unless the Company when Employee incurs termination constitutes a “separation from service” with the Company EHR within the meaning of Section 409A(a)(2)(A)(i) of the Code and applicable administrative guidance issued thereunder.

Appears in 1 contract

Samples: Employment Agreement (Energy Hunter Resources, Inc.)

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Meaning of Termination of Employment. For all purposes of this Agreement, Employee shall be considered to have terminated employment with the Company when Employee incurs a “separation from service” with the Company within the meaning of Section 409A(a)(2)(A)(i) of the Code and applicable administrative guidance issued thereunder.409A.

Appears in 1 contract

Samples: Employment Transition Agreement (Extraction Oil & Gas, Inc.)

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