{"component": "definition", "props": {"groups": [{"snippet": "or \u201cSeparation from Service\u201d means the Participant\u2019s termination of service as a non\u2011employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.", "samples": [{"hash": "is6h2PQMSsK", "uri": "https://www.sec.gov/Archives/edgar/data/884614/000088461420000029/ex104formofstockunitgr.htm", "label": "Incentive Compensation Plan (Ugi Corp /Pa/)", "score": 19.3463381246, "published": false}, {"hash": "9fzeArge6dy", "uri": "https://www.sec.gov/Archives/edgar/data/932628/000093262819000013/apuex107.htm", "label": "Incentive Compensation Plan (Amerigas Partners Lp)", "score": 18.3470225873, "published": false}, {"hash": "2cuFytcWOol", "uri": "https://www.sec.gov/Archives/edgar/data/884614/000088461419000016/ugicorpex104.htm", "label": "Incentive Compensation Plan (Ugi Corp /Pa/)", "score": 18.3470225873, "published": false}], "size": 44, "snippet_links": [{"key": "separation-from-service", "type": "definition", "offset": [4, 27]}, {"key": "the-participant", "type": "clause", "offset": [35, 50]}, {"key": "termination-of-service", "type": "definition", "offset": [53, 75]}, {"key": "as-an-employee", "type": "clause", "offset": [107, 121]}, {"key": "for-any-reason", "type": "clause", "offset": [129, 143]}, {"key": "in-accordance-with", "type": "definition", "offset": [185, 203]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [204, 228]}], "hash": "5472e46fffaa7711488c0a87bd094964", "id": 1}, {"snippet": "means Employee\u2019s termination of employment, as determined in accordance with Treas. Reg. \u00a7 1.409A-1(h). Employee shall be considered to have experienced a termination of employment when the facts and circumstances indicate that Employee and the Company reasonably anticipate that either (i) no further services will be performed for the Company after a certain date, or (ii) that the level of bona fide services Employee will perform for the Company after such date (whether as an employee or as an independent contractor) will permanently decrease to no more than twenty percent (20%) of the average level of bona fide services performed by Employee (whether as an employee or independent contractor) over the immediately preceding thirty-six (36) month period (or the full period of services to the Company if Employee has been providing services to the Company for less than thirty six (36) months). If Employee is on military leave, sick leave, or other bona fide leave of absence, the employment relationship between Employee and the Company shall be treated as continuing intact, provided that the period of such leave does not exceed six months, or if longer, so long as Employee retains a right to reemployment with the Company under an applicable statute or by contract. If the period of a military leave, sick leave, or other bona fide leave of absence exceeds six months and Employee does not retain a right to reemployment under an applicable statute or by contract, the employment relationship shall be considered to be terminated for purposes of this Agreement as of the first day immediately following the end of such six-month period. In applying the provisions of this section, a leave of absence shall be considered a bona fide leave of absence only if there is a reasonable expectation that Employee will return to perform services for the Company. For purposes of determining whether Employee has incurred a Separation from Service, the Company shall include the Company and any entity that would be considered a single employer with the Company under Code Section 414(b) or 414(c).", "samples": [{"hash": "jMhF7fg8Qtv", "uri": "/contracts/jMhF7fg8Qtv#separates-from-service", "label": "Severance Benefits Agreement (AutoWeb, Inc.)", "score": 33.2245037645, "published": true}, {"hash": "9b1uxl8Bj90", "uri": "/contracts/9b1uxl8Bj90#separates-from-service", "label": "Severance Benefits Agreement (AutoWeb, Inc.)", "score": 33.2245037645, "published": true}, {"hash": "5jIl8wVqKLY", "uri": "/contracts/5jIl8wVqKLY#separates-from-service", "label": "Severance Benefits Agreement (AutoWeb, Inc.)", "score": 33.2245037645, "published": true}], "size": 34, "snippet_links": [{"key": "termination-of-employment", "type": "definition", "offset": [17, 42]}, {"key": "in-accordance-with", "type": "definition", "offset": [58, 76]}, {"key": "a-termination", 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Reg. \u00a7 1.409A-1(h). Executive shall be considered to have experienced a termination of employment when the facts and circumstances indicate that Executive and the Company reasonably anticipate that either (i) no further services will be performed for the Company after a certain date, or (ii) that the level of bona fide services Executive will perform for the Company after such date (whether as an employee or as an independent contractor) will permanently decrease to no more than 20% of the average level of bona fide services performed by Executive (whether as an employee or independent contractor) over the immediately preceding 36-month period (or the full period of services to the Company if Executive has been providing services to the Company for less than 36 months). If Executive is on military leave, sick leave, or other bona fide leave of absence, the employment relationship between Executive and the Company shall be treated as continuing intact, provided that the period of such leave does not exceed six months, or if longer, so long as Executive retains a right to reemployment with the Company under an applicable statute or by contract. If the period of a military leave, sick leave, or other bona fide leave of absence exceeds six months and Executive does not retain a right to reemployment under an applicable statute or by contract, the employment relationship shall be considered to be terminated for purposes of this Agreement as of the first day immediately following the end of such six-month period. In applying the provisions of this paragraph, a leave of absence shall be considered a bona fide leave of absence only if there is a reasonable expectation that Executive will return to perform services for the Company.", "samples": [{"hash": "2LUCsJly3j8", "uri": "/contracts/2LUCsJly3j8#separates-from-service", "label": "Employment Agreement (Vermillion, Inc.)", "score": 26.2594113621, "published": true}, {"hash": "9pkF5XlI5RP", "uri": "/contracts/9pkF5XlI5RP#separates-from-service", "label": "Employment Agreement (Vermillion, Inc.)", "score": 25.6351813826, "published": true}, {"hash": "YVZaZlRaf9", "uri": "/contracts/YVZaZlRaf9#separates-from-service", "label": "Employment Agreement (Vermillion, Inc.)", "score": 24.9589322382, "published": true}], "size": 25, "snippet_links": [{"key": "termination-of-employment", "type": "definition", "offset": [18, 43]}, {"key": "in-accordance-with", "type": "definition", "offset": [59, 77]}, {"key": "a-termination", "type": "definition", "offset": [155, 168]}, {"key": "the-facts", "type": "clause", "offset": [188, 197]}, {"key": "executive-and-the-company", "type": "clause", "offset": [230, 255]}, {"key": "no-further-services", "type": "clause", "offset": [294, 313]}, {"key": "for-the-company", "type": "definition", "offset": [332, 347]}, {"key": "bona-fide-services", "type": "definition", "offset": [396, 414]}, {"key": "as-an-employee", "type": "clause", "offset": [479, 493]}, {"key": "an-independent", "type": "clause", "offset": [500, 514]}, {"key": "average-level", "type": "definition", "offset": [580, 593]}, {"key": "by-executive", "type": "clause", "offset": [626, 638]}, {"key": "employee-or-independent-contractor", "type": "definition", "offset": [654, 688]}, {"key": "services-to-the-company", "type": "clause", "offset": [760, 783]}, {"key": "providing-services", "type": "clause", "offset": [806, 824]}, {"key": "military-leave", "type": "clause", "offset": [885, 899]}, {"key": "sick-leave", "type": "definition", "offset": [901, 911]}, {"key": "leave-of-absence", "type": "definition", "offset": [932, 948]}, {"key": "relationship-between", "type": "clause", "offset": [965, 985]}, {"key": "the-company-shall", "type": "clause", "offset": [1000, 1017]}, {"key": "provided-that", "type": "clause", "offset": [1051, 1064]}, {"key": "the-period", "type": "clause", "offset": [1065, 1075]}, {"key": "six-months", "type": "definition", "offset": [1106, 1116]}, {"key": "as-executive", "type": "clause", "offset": [1140, 1152]}, {"key": "right-to-reemployment", "type": "definition", "offset": [1163, 1184]}, {"key": "applicable-statute", "type": "clause", "offset": [1211, 1229]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [1511, 1541]}, {"key": "first-day", "type": "definition", "offset": [1552, 1561]}, {"key": "following-the", "type": "definition", "offset": [1574, 1587]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [1630, 1652]}, {"key": "reasonable-expectation", "type": "definition", "offset": [1751, 1773]}, {"key": "return-to", "type": "clause", "offset": [1794, 1803]}, {"key": "services-for", "type": "clause", "offset": [1812, 1824]}], "hash": "58b04887c106b5fc96da1039495cdd94", "id": 4}, {"snippet": "means the Non-Employee Director\u2019s termination of service as a non-employee director and as an employee of AmeriGas for any reason other than death and shall be determined in accordance with section 409A of the Code.", "samples": [{"hash": "jtea2qYulbf", "uri": "https://www.sec.gov/Archives/edgar/data/932628/000093262818000011/apuq23312018ex103tcs.htm", "label": "Incentive Plan (Amerigas Partners Lp)", "score": 17.34770705, "published": false}, {"hash": "5h4A3uDJhp0", "uri": "https://www.sec.gov/Archives/edgar/data/884614/000088461418000011/ugicorpq23312018ex107.htm", "label": "Incentive Plan (Ugi Corp /Pa/)", "score": 17.34770705, "published": false}, {"hash": "h2ra65qPYv4", "uri": "https://www.sec.gov/Archives/edgar/data/932628/000093262816000045/apu201610kex107.htm", "label": "Incentive Plan (Amerigas Partners Lp)", "score": 15.8911704312, "published": false}], "size": 16, "snippet_links": [{"key": "the-non", "type": "clause", "offset": [6, 13]}, {"key": "employee-director", "type": "definition", "offset": [14, 31]}, {"key": "termination-of-service", "type": "definition", "offset": [34, 56]}, {"key": "a-non", "type": "clause", "offset": [60, 65]}, {"key": "as-an-employee", "type": "clause", "offset": [88, 102]}, {"key": "for-any-reason", "type": "clause", "offset": [115, 129]}, {"key": "in-accordance-with", "type": "definition", "offset": [171, 189]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [190, 214]}], "hash": "e1f0136f7d2b494d72846aac379c63ce", "id": 5}, {"snippet": "means the Executive has experienced a termination of employment with the Bank. Whether a termination of employment or service has occurred is determined based on whether the facts and circumstances indicate that the Bank and the Executive reasonably anticipated that no further services would be performed after a certain date or that the level of bona fide services the Executive would perform after such date (whether as an employee or as an independent contractor) would permanently decrease to no more than forty-nine percent (49%) of the average level of bona fide services performed (whether as an employee or an independent contractor) over the immediately preceding thirty-six (36) month period (or the full period during which the Executive performed services for the Bank, if that is less than thirty-six (36) months).", "samples": [{"hash": "9MUJQSTxS2Q", "uri": "/contracts/9MUJQSTxS2Q#separates-from-service", "label": "Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.)", "score": 27.379192334, "published": true}, {"hash": "5GkRSacaLc6", "uri": "/contracts/5GkRSacaLc6#separates-from-service", "label": "Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.)", "score": 27.379192334, "published": true}, {"hash": "4OScyiFNjER", "uri": "/contracts/4OScyiFNjER#separates-from-service", "label": "Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.)", "score": 27.379192334, "published": true}], "size": 15, "snippet_links": [{"key": "the-executive", "type": "clause", "offset": [6, 19]}, {"key": "a-termination", "type": "definition", "offset": [36, 49]}, {"key": "with-the-bank", "type": "clause", "offset": [64, 77]}, {"key": "termination-of-employment-or-service", "type": "definition", "offset": [89, 125]}, {"key": "based-on", "type": "clause", "offset": [153, 161]}, {"key": "the-facts", "type": "clause", "offset": [170, 179]}, {"key": "no-further-services", "type": "clause", "offset": [267, 286]}, {"key": "bona-fide-services", "type": "definition", "offset": [348, 366]}, {"key": "as-an-employee", "type": "clause", "offset": [420, 434]}, {"key": "independent-contractor", "type": "definition", "offset": [444, 466]}, {"key": "nine-percent", "type": "definition", "offset": [517, 529]}, {"key": "average-level", "type": "definition", "offset": [543, 556]}, {"key": "services-performed", "type": "clause", "offset": [570, 588]}, {"key": "period-during-which", "type": "clause", "offset": [716, 735]}, {"key": "for-the-bank", "type": "clause", "offset": [769, 781]}], "hash": "e48768eabab3267dcd84ffc9bc9ca48f", "id": 6}, {"snippet": "means termination of the Executive\u2019s employment. Whether a Separation of Service has occurred is determined based on whether the facts and circumstances indicate that the Bank and the Executive reasonably anticipated that no further services would be performed after a certain date or that the level of bona fide services the Executive would perform after such date (whether as an employee or as an independent contractor) would permanently decrease to no more than twenty percent (20%) of the average level of bona fide services performed (whether as an employee or as an independent contractor) over the immediately preceding thirty-six (36) month period.", "samples": [{"hash": "2MDa72rXx0o", "uri": "/contracts/2MDa72rXx0o#separates-from-service", "label": "Salary Continuation Agreement (Acnb Corp)", "score": 36.1978097194, "published": true}, {"hash": "ed8NDVv2lGl", "uri": "/contracts/ed8NDVv2lGl#separates-from-service", "label": "Salary Continuation Agreement (Acnb Corp)", "score": 35.1984941821, "published": true}, {"hash": "evIIAPj82yr", "uri": "/contracts/evIIAPj82yr#separates-from-service", "label": "Salary Continuation Agreement (Acnb Corp)", "score": 33.7638603696, "published": true}], "size": 12, "snippet_links": [{"key": "termination-of-the-executive", "type": "definition", "offset": [6, 34]}, {"key": "separation-of-service", "type": "definition", "offset": [59, 80]}, {"key": "based-on", "type": "clause", "offset": [108, 116]}, {"key": "the-facts", "type": "clause", "offset": [125, 134]}, {"key": "the-bank", "type": "clause", "offset": [167, 175]}, {"key": "no-further-services", "type": "clause", "offset": [222, 241]}, {"key": "bona-fide-services", "type": "definition", "offset": [303, 321]}, {"key": "as-an-employee", "type": "clause", "offset": [375, 389]}, {"key": "independent-contractor", "type": "definition", "offset": [399, 421]}, {"key": "average-level", "type": "definition", "offset": [494, 507]}, {"key": "services-performed", "type": "clause", "offset": [521, 539]}], "hash": "d6d1cdf8c7aea3c9fb7ce56cc1d1b3d8", "id": 7}, {"snippet": "means a termination of employment with the Company Group that the Company determines is a Separation from Service in accordance with Section 409A of the Code.", "samples": [{"hash": "4Eq5C7CiPqJ", "uri": "/contracts/4Eq5C7CiPqJ#separates-from-service", "label": "Change of Control Agreement (Memorial Production Partners LP)", "score": 27.3381245722, "published": true}, {"hash": "1UUrzliJGYK", "uri": "/contracts/1UUrzliJGYK#separates-from-service", "label": "Change in Control Agreement (Memorial Resource Development Corp.)", "score": 25.476386037, "published": true}, {"hash": "ai8LwDdBQpt", "uri": "/contracts/ai8LwDdBQpt#separates-from-service", "label": "Change in Control Agreement (Memorial Resource Development Corp.)", "score": 25.3997262149, "published": true}], "size": 11, "snippet_links": [{"key": "the-company-group", "type": "definition", "offset": [39, 56]}, {"key": "separation-from-service", "type": "definition", "offset": [90, 113]}, {"key": "in-accordance-with", "type": "definition", "offset": [114, 132]}, {"key": "section-409a-of-the-code", "type": "definition", "offset": [133, 157]}], "hash": "5b6707bc194ca92683b04a848517db06", "id": 8}, {"snippet": "means the Director's termination of service as a member of the Board for any reason other than death. Except as otherwise provided herein, a Separation from Service shall be deemed to have occurred on the last day of the month during which the Director's service to the Company ceases and shall be determined without reference to any compensation continuation arrangement that may be applicable.", "samples": [{"hash": "kNNpEXmfuGf", "uri": "https://www.ugicorp.com/static-files/b41881b1-d0b2-452d-bba5-17109673bbaa", "label": "www.ugicorp.com", "score": 8.0595482546, "published": false}, {"hash": "iqXXkw7MGl5", "uri": "https://www.ugicorp.com/static-files/416cd51b-6e88-4cca-bf3f-38f2974ae498", "label": "www.ugicorp.com", "score": 8.0595482546, "published": false}, {"hash": "1lGqPfN4oJA", "uri": "https://www.ugicorp.com/static-files/7d6316be-8e3c-468c-bd23-812939cda56b", "label": "www.ugicorp.com", "score": 8.0568104038, "published": false}], "size": 6, "snippet_links": [{"key": "the-director", "type": "clause", "offset": [6, 18]}, {"key": "service-as-a-member-of-the-board", "type": "clause", "offset": [36, 68]}, {"key": "for-any-reason", "type": "clause", "offset": [69, 83]}, {"key": "except-as-otherwise-provided", "type": "clause", "offset": [102, 130]}, {"key": "separation-from-service", "type": "definition", "offset": [141, 164]}, {"key": "day-of", "type": "clause", "offset": [210, 216]}, {"key": "service-to-the-company", "type": "clause", "offset": [255, 277]}, {"key": "reference-to", "type": "clause", "offset": [317, 329]}, {"key": "compensation-continuation", "type": "clause", "offset": [334, 359]}], "hash": "c43145c37743b139b834014fed6abba4", "id": 9}, {"snippet": "or \u201cSeparation from Service\u201d means Employee\u2019s separation from service with the Corporation as a result of death retirement, or any other reason, except that for purposes of this section 2.18 the employment relationship is treated as continuing intact while Employee is on military leave, sick leave, or other bona fide leave of absence if the period of such leave does not exceed six months, or if longer, so long as Employee retains a right to reemployment with the Corporation under an applicable statute or by contract. For purposes of this Section 2.18 a leave of absence constitutes a bona fide leave of absence only if there is a reasonable expectation that the employee will return to perform services for the employer. If the period of leave exceeds six months and the individual does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such six-month period. Whether an Employee has a Separation from Service shall be determined in accordance with the provisions of Section 409A, and regulations thereunder, and any other applicable guidance.", "samples": [{"hash": "bjgSGsuM3G3", "uri": "/contracts/bjgSGsuM3G3#separates-from-service", "label": "Employment Agreement (MKS Instruments Inc)", "score": 24.8110882957, "published": true}, {"hash": "aAdmeGQ4lFC", "uri": "/contracts/aAdmeGQ4lFC#separates-from-service", "label": "Separation Agreement (MKS Instruments Inc)", "score": 24.8110882957, "published": true}, {"hash": "jCXCyRFxVba", "uri": "/contracts/jCXCyRFxVba#separates-from-service", "label": "Employment Agreement (MKS Instruments Inc)", "score": 20.0, "published": true}], "size": 6, "snippet_links": [{"key": "separation-from-service", "type": "definition", "offset": [4, 27]}, {"key": "the-corporation", "type": "clause", "offset": [75, 90]}, {"key": "any-other-reason", "type": "clause", "offset": [127, 143]}, {"key": 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"period-of-leave", "type": "clause", "offset": [734, 749]}, {"key": "the-individual", "type": "clause", "offset": [773, 787]}, {"key": "first-date", "type": "definition", "offset": [930, 940]}, {"key": "employee-has", "type": "clause", "offset": [997, 1009]}, {"key": "in-accordance-with", "type": "definition", "offset": [1056, 1074]}, {"key": "section-409a", "type": "definition", "offset": [1093, 1105]}, {"key": "and-regulations", "type": "clause", "offset": [1107, 1122]}, {"key": "applicable-guidance", "type": "clause", "offset": [1149, 1168]}], "hash": "1e0f2fc745757bda3b2656f768fb98b3", "id": 10}], "next_curs": "CmMSXWoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj8LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIfc2VwYXJhdGVzLWZyb20tc2VydmljZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "or \u201cSeparation from Service\u201d means the Participant\u2019s termination of service as a non\u2011employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.", "title": "Separates from Service", "size": 255, "id": "separates-from-service", "examples": ["If the Executive voluntarily <strong>Separates from Service</strong> during the Service Period, excluding a Separation from Service for Good Reason as described in Subsection 3(c), this Agreement shall terminate without further obligations of the Company to the Executive under this Agreement, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits.", "If the Executive <strong>Separates from Service</strong> before the Executive\u2019s Normal Retirement Date for reasons other than death and a Change of Control has not occurred, the Bank shall pay to the Executive the benefit described in this Section 2.2.", "If the Participant <strong>Separates from Service</strong> with the Employer, the vested balance in the Deferred Compensation Account shall be paid to the Participant by the Employer as provided in Section 7.", "If the Executive <strong>Separates from Service</strong> on or after the Executive\u2019s Normal Retirement Date for reasons other than death, the Bank shall pay to the Executive the benefit described in this Section 2.1.", "During the Key Employee Delay, interest shall accrue on the Severance Amount at the \u201cprime rate\u201d as reported by SunTrust Bank or its successor on the date Executive <strong>Separates from Service</strong> or, if such rate is not reported on such date, such rate as so reported on the last business day before Executive <strong>Separates from Service</strong>.", "Notwithstanding the foregoing, if Executive is a Key Employee, the Severance Amount shall be paid in a lump sum on the first day of the seventh month following the date on which Executive <strong>Separates from Service</strong> (or, if earlier, the first day of the month after Executive\u2019s death) (the \u201cKey Employee Delay\u201d).", "The terms \u201cNormal Retirement\u201d and/or \u201cNormal Retirement Date\u201d shall refer to the date which the Director <strong>Separates from Service</strong> for any reason other than a Removal for Cause, and a date on or after which Director has attained the age of Sixty-Two (62) (the \u201cNormal Retirement Age\u201d).", "If the Company cures the Good Reason condition during the Cure Period, and Employee <strong>Separates from Service</strong> due to such condition (notwithstanding its cure), then Employee shall not be deemed to have Separated from Service for Good Reason.", "Payment of this annual amount shall be made in twelve (12) substantially equal monthly installments on the first day of each month, with payments commencing the month following the month in which Director <strong>Separates from Service</strong>, continuing monthly thereafter until Director\u2019s death (with 2% annual increase).", "The Executive shall be entitled to receive from the Company Severance Benefits as described in Section 2.3 herein, if there has been a Change in Control of the Company and if, within twelve (12) months thereafter, the Executive <strong>Separates from Service</strong> with the Company for any reason specified in Section 2.2 herein as being a Qualifying Termination."], "related": [["severance-from-service-date", "Severance from Service Date", "Severance from Service Date"], ["separation-from-service", "Separation from Service", "Separation from Service"], ["termination-of-service", "Termination of Service", "Termination of Service"], ["severance-from-employment", "Severance from Employment", "Severance from Employment"], ["involuntary-termination-of-employment", "Involuntary Termination of Employment", "Involuntary Termination of Employment"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}