Employee’s Termination definition

Employee’s Termination means the date the Employee ceases to be employed by the Company for whatever reason, whether voluntarily or involuntarily.
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Employee’s Termination means a “Separation from Service” as defined in ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Internal Revenue Code of 1986, as amended, and the Treasury Regulations (including proposed regulations) and guidance promulgated thereunder (collectively, “Code Section 409A”).
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Employee’s Termination means a “Separation from Service” as defined in Code Section 409A.
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Examples of Employee’s Termination in a sentence

  • Alternatively, the Company may, in its sole discretion, settle the Employee’s Units in the form of Shares but require the Employee to sell such Shares immediately or within a specified period of time following the Employee’s Termination (in which case, this Agreement shall give the Company the authority to issue sales instructions on the Employee’s behalf).

  • Payment shall be made in a single lump sum upon the effective date of Employee’s Termination of Employment.

  • For purposes of clarification, the Employee shall not be entitled to payment of an annual bonus (or pro-rated portion thereof) pursuant to the applicable short-term incentive plan of the Company for the year in which the Employee’s Termination of Employment occurs.

  • Following the Employee’s Termination of Employment, the Employee shall receive the computer that Employee is utilizing as of the date of such Termination of Employment.

  • Payment shall be made in a lump sum as soon as practicable following the later of the Employee’s Termination Date and the effective date of the General Release.

  • The Restrictions shall lapse on the date of the Employee’s Termination due to death.

  • The Employee acknowledges and agrees that the process and requirements set forth herein shall continue to apply following the Employee’s Termination.

  • The Employee agrees that upon the Employee’s Termination of Employment, the Employee or, in the event of the Employee’s death, the Employee’s heirs or estate at the request of the Firm, shall return to the Firm immediately all books, papers, plans, information, letters and other data, and all copies thereof or therefrom, in any way relating to the business of the Firm.

  • The Employee acknowledges and agrees that the processes and requirements set forth herein shall continue to apply following the Employee’s Termination.

  • Interest shall be credited at an annual rate equal to the rate listed in the Wall Street Journal as the “prime rate” as of the Employee’s Termination Date, plus 1%, compounded annually.


More Definitions of Employee’s Termination

Employee’s Termination means a “Separation from Service” as defined in Code Section 409A. Except as expressly set forth herein, all other terms and conditions of the Agreement shall remain as set forth therein.
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Related to Employee’s Termination

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

  • Qualifying Termination of Employment means a Participant’s Termination of Employment (i) by the Company without Cause or (ii) by the Participant with or without Good Reason or by reason of Retirement.

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

  • Involuntary Termination of Employment means the Termination of Service by the Company or Subsidiary (other than a termination for Cause) or termination of employment by a Participant Employee for Good Reason.

  • Employment Termination Date means the date of termination of your employment with the Company or a Subsidiary, as applicable.