Fault Termination definition

Fault Termination means the termination of a Participant’s employment with any Employer Company during the Performance Period or Employment Period (as applicable) by virtue of the occurrence of any of the following events –
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Fault Termination means the termination of employment of a Participant by the Company by reason of:
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Fault Termination means where a Participant’s employment is terminated by reason of Resignation or Dismissal;
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Examples of Fault Termination in a sentence

  • With respect to any Disruption Event that is applicable to an FX Transaction or Currency Option Transaction pursuant to the Definitions or as otherwise agreed by the Parties as evidenced by a Confirmation, Section 9 of the Agreement shall not be applicable in respect of such FX Transaction or Currency Option Transaction, and the Parties shall be subject to the Disruption Fallbacks (including but not limited to No Fault Termination) specified as applicable pursuant to the Definitions or such Confirmation.

  • With respect to any Disruption Event that is applicable to an FX Transaction pursuant to the Definitions or as otherwise agreed by the Parties as evidenced by a Confirmation, Section 9 of the Agreement shall not be applicable in respect of such FX Transaction, and the Parties shall be subject to the Disruption Fallbacks (including but not limited to No Fault Termination) specified as applicable pursuant to the Definitions or such Confirmation.

  • For the purpose of the definition of No Fault Termination contained in Section 7.5(c)(iv) of Article VII of the Commodity Definitions, we shall be deemed to have entered into a 1992 ISDA Master Agreement (Multicurrency – Cross Border) with you, which shall be the “relevant agreement” for the purpose of such definition.

  • The Executive may elect to have the Company purchase any or all of the Vested Stock by delivering written notice (the "Put Notice") to the Company within 60 days after the date of No Fault Termination.

  • Subject to Section 4(b)(v), in the event of a No Fault Termination, all of the Vested Stock (whether held by the Executive or any other Person) will be subject to repurchase by the Company, at the option of the Executive or his estate, pursuant to the terms and conditions set forth in this Section 4(a) (the "Put Option").

  • In the event that the No Fault Termination Date does not fall on an anniversary date, then the termination fee shall be a linear proration to the No Fault Termination Date between the termination fee of the year before and the year after.

  • If either Party terminates the Section P3 Agreement in accordance with Section 40, the Section Developer will be entitled to the No Fault Termination Sum.

  • For purposes of clarity, the prorated Base Pay and Annual Cash Bonus shall be additional to any amounts payable to you as a result of (i) a termination without Cause and other than by reason of a Bad Act, (ii) a Good Reason resignation, or (iii) a No Fault Termination, in each case as provided in Section 5(f).

  • This will only be invoked where ETF considers that continuing with this Agreement is or shall become economically unviable because of the cessation of ETF’s funding for this Agreement (a “No Fault Termination Notice”).

  • Upon a Non Fault Termination (as defined in the Participant’s Employment Agreement), any unvested RSUs, shall immediately be forfeited on the Termination Date.


More Definitions of Fault Termination

Fault Termination means a termination of the Merger Agreement pursuant to any of the following:
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