Control Termination Period definition

Control Termination Period means the time period beginning one year before a Change in Control and ending on the earlier of (i) two years following that Change in Control or (ii) Executive's death.
Sample 1Sample 2Sample 3

Examples of Control Termination Period in a sentence

  • If Executive’s employment with the Company shall terminate during the Change in Control Termination Period by reason of a Nonqualifying Termination, then Executive (or Executive’s beneficiary or estate) shall be entitled to the Accrued Obligations and, unless Executive is terminated by the Company for Cause, the Earned Bonus.

  • If the Executive’s employment with First Financial shall terminate during the Change in Control Termination Period by reason of a Nonqualifying Termination, then First Financial shall pay to the Executive (or the Executive’s beneficiary or estate) within five (5) days following the Date of Termination, a lump-sum cash amount equal to the Accrued Amounts (other than the amount described in Section 2(a)(ii) if the Executive is terminated by First Financial for Cause) and provide the Other Benefits.

  • If the Executive’s employment terminates during a Change in Control Termination Period due to death or Disability, such termination of employment shall be treated as a termination under paragraph (a) next above.

  • If the Executive terminates employment during the Term, excluding a termination for Good Reason, during a Change in Control Termination Period, or Retirement, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of any and all Other Benefits.

  • Any termination by the Company for Cause, or by the Executive for Good Reason or during a Change in Control Termination Period, shall be communicated by Notice of Termination to the other party hereto given in accordance with Section 14(b).

  • Innovative Medicines net sales were USD 18.9 billion (+5%, +7% cc).

  • However, costs of restructuring the Funds’ portfolios, including brokerage commissions and other transaction costs, if any, will be borne by the Fund directly incurring them.

  • The Executive may voluntarily terminate employment during a Change in Control Termination Period.

  • For purposes of this Agreement, “Retirement” means the Executive’s voluntary termination of employment with the Company or any affiliated company, other than for Good Reason or during a Change in Control Termination Period, on or after attainment of age 62 and not becoming employed by any person or entity that is engaged in the same or similar line of business as that of the Company or an affiliated company as determined in the sole and absolute discretion of the Board of Directors of the Company.

  • Notwithstanding the foregoing, a Covered Executive’s rights to receive payments and benefits pursuant to this Plan in connection with a Terminating Event occurring within the Change in Control Termination Period may not be adversely affected, without the Covered Executive’s consent, by an amendment or termination of this Plan occurring within the Change in Control Termination Period.

Related to Control Termination Period

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Change of Control Termination means (i) a Termination Without Cause of the Employee’s employment by the Employer (other than for death or disability) within twelve (12) months after a Change of Control or (ii) the Employee’s resignation for Good Reason within twelve (12) months after a Change of Control.

  • Change in Control Termination means an “Involuntary Termination Without Cause” or “Resignation for Good Reason,” either of which occurs on, or within three (3) months prior to, or within twelve (12) months following, the effective date of a Change in Control, provided that any such termination is a “separation from service” within the meaning of Treasury Regulation Section 1.409A-1(h). Death and disability shall not be deemed Change in Control Terminations.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Event Termination Date See Section 2(e) hereof.

  • Stated Termination Date means December 31, 2000.

  • Covered Termination means the termination of Executive’s employment by the Company without Cause or by Executive for Good Reason, and shall not include a termination due to Executive’s death or disability.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Accretion Termination Date As defined in the Series Supplement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Company Termination Event means any of the following:

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Accrual Termination Date Not applicable.

  • Additional Termination Event has the meaning specified in Section 5(b).