Post-Effective Period means, with respect to SGIC, any Tax Period (as defined below) beginning after the Closing Date and the portion of any Straddle Period (determined in accordance with Section 7.4(a)(iii)) beginning after the Closing Date.
If, during the Pre-CIC Protected Period, Executive's employment is terminated by the Company other than for Cause or Executive terminates his or her employment for Good Reason, then Executive shall be entitled to receive the same benefits he or she would be entitled to receive under Section 3(a) if such termination of employment would have occurred during the Post-Effective Period.
Executives employment shall terminate automatically upon Executives death during the Post-Effective Period.
If the Company determines in good faith that a Disability of Executive has occurred during the Post-Effective Period, it may give Executive a Notice of Termination and Executives employment with the Company shall terminate effective upon receipt of such notice by Executive (the Disability Effective Date).
Post-Effective Period means the period commencing on the Effective Date and ending on the 12-month anniversary of such date.
If during the Post-Effective Period, the Company shall terminate Executives employment because of Executives death or Disability, Executive (or Executives heirs) shall be entitled to death or long-term disability benefits, as the case may be, from the Company, no less favorable than those benefits to which Executive (or Executives heirs) would have been entitled had the death or termination for Disability occurred during the six (6) month period prior to the Effective Date.