Separation Event definition

Separation Event means: (i) the Company’s termination of Executive’s employment by the Company without Cause, during the Term; or (ii) the termination of Executive’s employment by the Executive for Good Reason.

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Separation Event shall have the meaning specified in Section 14.11.

Separation Event has the meaning set forth in the definition of the term "Stapled Securities" below.

Examples of Separation Event in a sentence

• The foregoing shall not relieve Panera of its obligations under the law pertaining to my benefits following the effective date of a Separation Event or other termination of employment.

• On or after the occurrence of a Cheniere Separation Event, the Directors shall be elected by the affirmative vote of Members holding the lesser of (i) a majority of the Outstanding Common Shares and (ii) 67% of the Common Shares present at a meeting of the Members at which there is a quorum.

• Notwithstanding anything in this Agreement to the contrary, CEI shall not, other than in connection with a Termination Transaction or with the affirmative vote of Shareholders holding at least a majority of the Outstanding Common Shares, cause a Cheniere Separation Event to occur unless, at the time such Cheniere Separation Event would become effective, the Company has at least three Independent Directors serving on the Board of Directors.

• Prior to the occurrence of a Cheniere Separation Event, meetings of the Shareholders for the transaction of such business as may properly come before such meeting shall be held on such day and at such time and place as the Board of Directors shall specify.

• After a Separation Event, Codexis may upon notice to MUS assign this Agreement to a Third Party in connection with a merger, sale of all or substantially all of its assets, or other corporate reorganization of Codexis.

More Definitions of Separation Event

Separation Event means:

Separation Event means the first date that the combined ownership of Codexis’ outstanding shares by MUS and its Affiliates falls below fifty percent (50%) of the voting power entitled to vote in the election of Codexis’ directors.

Separation Event means and shall be deemed to have occurred in the event that:

Separation Event has the meaning accorded such term in Section 3.01.

Separation Event means the earlier of (i) four (4) years after the Amendment Date, and (ii) the date upon which a Change of Control of Codexis occurs. 2. Article 1 is amended by the addition of the following new definition:

Separation Event means any of the following events: (i) Executive’s voluntary termination of employment for Constructive Discharge; provided (x) the event or events constituting a Constructive Discharge occur during the Employment Term and other than during the 24-month period beginning on the date of a Change in Control and (y) such termination occurs within 90 days after the occurrence of an event constituting a Constructive Discharge; or (ii) a Qualifying Event occurring other than during the 24-month period beginning on the date of a Change in Control.

Separation Event means the termination by the Company of Employee’s employment without Cause or termination by Employee for Good Reason, in either case within two and one-half years after the earliest date of a Change in Control of the Company (the “Termination Period”). The death or disability of Employee shall not be a Separation Event. Other terms used in this Agreement are defined in other provisions of this Agreement and shall have the respective meanings given such terms in those provisions.