Employee Termination Date definition

Employee Termination Date has the meaning set forth in Section 4.9 hereof.
Employee Termination Date means (a) with respect to any Employee based in England or Germany, the Closing Date; (b) with respect to any Employee based in France, the French Operative Date; or (c) with respect to any Employee based in the United States, the later of (i) June 15, 1998, or if applicable, (ii) the date upon which such employee has received a valid U.S. Visa from the U.S. Department of Justice naming Purchaser as the employer of such person.
Employee Termination Date has the meaning set forth in Section 6.4(a).

Examples of Employee Termination Date in a sentence

  • The Purchaser acknowledges that it will be responsible for the total amount actually paid by the Seller or its Affiliate for compensation and benefits, including any withholding taxes and payroll taxes paid by the Seller’s Group, to or in respect of the Working Day Relevant Employees in relation to their ordinary course of employment for the period on and from the Effective Time to (and including) the Working Day Employee Termination Date which applies to the relevant Working Day Relevant Employee.

  • After the Employee Termination Date, Buyer shall be solely responsible for offering and providing any COBRA Coverage required with respect to any Transferred Employees (or other “qualified beneficiaries”) who become covered by a group health plan sponsored or contributed to by Bxxxx and who experience a “qualifying event” after such Transferred Employee’s hire date with Buyer.

  • Prior to the Employee Termination Date, and upon appropriate written notice from Buyer, Seller shall be responsible for offering and providing any COBRA Coverage with respect to any Business Employee who is a “qualified beneficiary” who is covered by a Seller Benefit Plan that is a “group health plan” and who experiences a qualifying event as a result of a termination in made in accordance with this Agreement.

  • Upon receipt of sufficient funds from Buyer in accordance with this Section 6.1, Seller shall make all required contributions and pay all premiums required under any Seller Benefit Plan on behalf of Business Employees with respect to periods ending on or prior to the Employee Termination Date.

  • The noncompetition covenant set forth in Section 1(b) above shall not apply where Employee's employment is terminated by the Company without Cause (as hereinafter defined) or where the Employee has been Constructively Terminated (as hereinafter defined), unless, (i) on or before 10 Business Days following the Employee Termination Date, the board of directors of the Company or OptiMark Holdings, Inc.

  • If a Participant ceases to be an Employee for any reason other than the Participant's death, Disability or Normal Retirement, then any and all Options held by the Participant (or any permitted transferee) as of the date the Participant ceases to be an Employee ("Termination Date") shall survive the termination and shall be exercisable for a period of the lesser of (i) the remainder of the term of the Option or (ii) 180 days following the Termination Date.

  • Employee agrees that, for a period of 12 months after the Employee Termination Date, neither Employee nor any Employee Controlled Entity, shall engage in any Competitive Activity.

  • If so agreed, the parties agree that the transfer of employment of the Working Day Relevant Employees to the Purchaser or one of its Affiliates shall take effect on and from the day following the Working Day Employee Termination Date which applies to the relevant Working Day Relevant Employee.

  • Seller shall provide Purchaser with access to all books and records and copies of all Tax filings related to employment Taxes paid with respect to any New Purchaser Employees for the period from January 1, 1998 through the applicable Employee Termination Date.

  • Effective as of the Employee Termination Date, all Stock Option Agreements, if any, between Vision 21 and any Employees or any professional employees of the Practice shall be deemed to be terminated except that any stock options which are fully vested as of the Employee Termination Date may be exercised within ninety days after the Employee Termination Date, in accordance with the terms of the applicable Stock Option Agreement.


More Definitions of Employee Termination Date

Employee Termination Date means the earlier of the Date of Retirement or the date that Employee ceases to be employed by Employer other than as a result of his retirement.

Related to Employee Termination Date

  • 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.

  • 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.

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

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

  • Agreement Termination Date is defined in Section 7.4.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • 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.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • 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.

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

  • 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.

  • 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.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Accrual Termination Date Not applicable.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

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

  • Lease Termination Date means the last day of the Lease Term.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Post-Employment Period is defined in Section 8.2.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.