Severance Agreement definition
Severance Agreement means the Key Executive Severance Agreement, dated as of the date hereof, between the parties, as it may be amended from time to time, that provides for certain benefits related to termination of the Executive’s employment that are unrelated to a Change of Control.
Severance Agreement means any Severance Agreement solely between the Employee and the Company in effect as of the date of this Agreement, as such may be amended or superseded from time to time.
Severance Agreement means a severance or other similar agreement, in form acceptable to the Company and containing such terms as may be specified by the Company in the exercise of its discretion (which discretion may include, but shall not be limited to, requiring restrictive covenants in favor of the Company).
Examples of Severance Agreement in a sentence
If Employee refuses to sign the standard Severance Agreement, Employee shall be deemed to have waived his right to severance.
Provided that Employee executes a Severance Agreement containing general release in favor of Employer in a form acceptable to Employer, Employer shall pay Employee as a severance, an amount equal to three (3) months’ Salary, in one lump sum payment, less state and federal tax withholdings and any other deductions allowed by law.
More Definitions of Severance Agreement
Severance Agreement means that certain Officer Severance Agreement, dated as of the date hereof, between the Executive and the Company.
Severance Agreement has the meaning set forth in Section 5.2(f).
Severance Agreement means a written change in control and severance agreement between the Optionee and the Company.
Severance Agreement shall have the meaning set forth in Section 2.3.
Severance Agreement means the Severance Agreement entered into by and between SPI and Executive, as amended and restated effective August 3, 2000.
Severance Agreement means a written agreement in a form satisfactory to the Administrator in exchange for payment of Severance Benefits as provided in Article 6. In the sole discretion of the Administrator, such agreement may include without limitation, but is not limited to, provisions relating to (i) non-disparagement and non-disclosure; (ii) non-solicitation of customers, clients and employees; (iii) use of confidential and proprietary information; (iv) return of company property; (v) cooperation with investigations, arbitrations, and litigation; (vi) release and waiver of all legal claims; and (vii) authorized deductions (if any). To be effective, a Severance Agreement must be signed and returned by the Return Date (and not revoked during any applicable Revocation Period). Severance Agreements are not required to be identical among Participants.
Severance Agreement means the Severance Agreement between you and the Company as in effect on the date of this Agreement.