Layoff Date definition

Layoff Date means an Eligible Employee’s last day of employment in connection with a Termination of Employment on account of his or her Layoff.
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Examples of Layoff Date in a sentence

  • If your service with the Company terminates as a result of a “Layoff,” as such term is defined or described in the Genworth Layoff Payment Plan (a “Layoff”), you shall continue to vest in any RSUs that are scheduled to vest after the Notice Date but before the Layoff Date (the “Notice Date” and “Layoff Date” each as defined in the Genworth Layoff Payment Plan).

  • Additionally, the RSUs, if any, that are scheduled to vest on the next Designated Vesting Date after the Layoff Date shall immediately vest on the Layoff Date; all remaining unvested RSUs, if any, shall be forfeited as provided in Section 4 as of the Layoff Date.

  • Additionally, the RSUs, if any, that are scheduled to vest on the next designated Vesting Date after the Layoff Date shall vest on that Vesting Date as provided in Section 1(c); all remaining and subsequently-vesting RSUs shall be forfeited as provided in Section 4 immediately on the Layoff Date.

  • If your service with the Company terminates as a result of a “Layoff,” as such term is defined or described in the Genworth Layoff Payment Plan or any successor plan or program adopted by the Company and applicable to you (a “Layoff”), you shall continue to vest in any RSUs that are scheduled to vest after the Notice Date but before the Layoff Date (“Notice Date” and “Layoff Date,” each as defined in the Genworth Layoff Payment Plan).

  • Additionally, the portion of the Award, if any, that is scheduled to vest on the next designated Vesting Date after the Layoff Date shall vest on that Vesting Date as provided in Section 2; any remaining and subsequently-vesting portion of the Award shall be forfeited immediately on the Layoff Date.

  • If your service with the Company terminates as a result of a severance-benefit eligible “Layoff” as defined or described in the Genworth Layoff Payment Plan, you shall continue to vest in any portion of the Award that vests after the Notice Date but before the Layoff Date (“Notice Date” and “Layoff Date” as defined in the Genworth Layoff Payment Plan).

  • If your service with the Company terminates as a result of a severance-benefit eligible “Layoff” as defined or described in the Genworth Layoff Payment Plan, you shall continue to vest in any RSUs that vest after the Notice Date but before the Layoff Date (“Notice Date” and “Layoff Date” as defined in the Genworth Layoff Payment Plan).

  • Additionally, the RSUs, if any, that are scheduled to vest on the next Designated Vesting Date after the Layoff Date shall immediately vest on the Layoff Date; all remaining unvested RSUs, if any, shall be forfeited as provided in Section 4 on the Layoff Date.

  • Completed Years of Continuous Service on Layoff Date Regular Severance Pay (weeks of regular pay) Enhanced Severance Pay (weeks of regular pay) 8 10 12 16 18 26 17 19 28 18 20 30 19 22 33 20 24 36 21 26 39 22 28 42 23 30 45 24 32 48 25 or more ▇▇ ▇▇ In witness whereof the Parties hereto have caused their names to be subscribed by their duly authorized officers and representatives ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Chief Spokesperson ▇▇▇▇ ▇▇▇▇▇▇ Colby ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Chief Spokesperson ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇.

  • Completed Years of Continuous Service on Layoff Date Regular Severance Pay (weeks of regular pay) Enhanced Severance Pay (weeks of regular pay) 8 10 12 16 18 26 17 19 28 18 20 30 19 22 33 20 24 36 21 26 39 22 28 42 23 30 45 24 32 48 25 or more ▇▇ ▇▇ In witness whereof the Parties hereto have caused their names to be subscribed by their duly authorized officers and representatives ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Chief Spokesperson ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Chief Spokesperson ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇.