Cessation definition
Cessation means the time when he ceases to be the company’s administrator.
Cessation means a Participant ceasing to be an employee of a Group Member, except where:
Cessation means where the insured firm’s practice ceases during or on expiry of the period of insurance and the insured firm has not obtained succeeding insurance in compliance with the MTC.
Examples of Cessation in a sentence
C The parties have agreed to settle all matters relating to the Employment and the Cessation on the terms set out in this deed.
More Definitions of Cessation
Cessation means the time when he ceases to be the Company's administrator.
Cessation under this Exhibit A, and any replacement director shall, for purposes of this Exhibit A, be treated as the same person as the director who so ceased serving.
Cessation means termination of the Service Provider’s relationship with the Company. In the event of Cessation of a Grantee’s relationship with the Company, such Grantee’s relationship with the Company shall be deemed to have ceased upon the delivery to the Grantee of notice of discharge or the delivery to the Company of the letter of resignation, as the case may be, irrespective of the effective date of such resignation or discharge.
Cessation means removal or cessation of use of particular Licensed Content or an Approved External Use from the scope of this agreement.
Cessation. Section 15.2 "CONFIDENTIAL INFORMATION" - Section 10. "NONCONFORMITY" - Section 14.1.1. "WARRANTY PERIOD" - Section 14.1.1.
Cessation of Grantee's employment with the Company is any cessation of Grantee's full-time employment with the Company and its Subsidiaries for any reason or under any circumstances, other than because of Grantee's death or Grantee's disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code) as determined by the Committee ("Disability"); Grantee's employment with the Company shall not be considered to have ceased for this purpose because of any (a) transfer of employment between or among the Company or any of its Subsidiaries, or (b) any sick leave, military leave, or any other authorized temporary personal leave of absence. "Unvested Restricted Shares" are the Restricted Shares that are subject to Forfeiture Restrictions (i.e., Restricted Shares that have not been released from the Forfeiture Repurchase Option). In addition, if Grantee breaches any of the terms and conditions of this Agreement or the Plan, or any rules and regulations of the Committee for this Agreement or the Plan, the Company shall have a Forfeiture Repurchase Option to the same extent as if there had been a Cessation of Grantee's employment by the Company, except that, for this purpose, the "Termination Date" shall be the date of such breach, and the "Forfeiture Repurchase Period" shall be a period of ninety (90) days from the date of the Committee's discovery of such breach. The Forfeiture Repurchase Option shall be exercisable by written notice delivered to Grantee before the expiration of the Forfeiture Repurchase Period. The notice shall indicate the number of the Unvested Restricted Shares to be repurchased and the date on which the repurchase is to be effected, such date to be not later than fifteen (15) days after the expiration of the Forfeiture Repurchase Period. On the date of the repurchase, the Company and/or its assignee(s) shall pay to Grantee, at the Company's and/or each assignee's option, in cash, by check of the Company and/or such assignee, by cancellation of all or a portion of any indebtedness of Grantee to the Company or such assignee, or a combination of the foregoing, an amount equal to the Repurchase Price for each of the Unvested Restricted Shares that is to be repurchased from Grantee. Upon such payment to Grantee or deposit of such amount into escrow for the benefit of Grantee, the Company and/or its assignee(s) shall become the legal and beneficial owner of the Unvested Restricted Shares being repurchased and all rights and interests therein or ...
Cessation means where the Practice ceases trading during the Policy Period.