Severance Arrangements definition

Severance Arrangements means all agreements, plans, contracts, programs, arrangements and policies of the Company or the Bank that provide for the payment or continuation of compensation or benefits to any of their respective current or former directors, officers or employees or consultants on or by reason of or following a termination of employment or cessation of service of such director, officer, employee or consultant with the Company or the Bank.
Severance Arrangements means each Employee Plan that is listed on Schedule 3.11(a) and on Schedule 3.11(u) and is a plan or policy with an Identified Employee, under which Severance greater than the minimum required under applicable Law is payable to an Identified Employee.
Severance Arrangements means (a) each retention agreement set forth in Schedule 1.01(d) and (b) each individual severance agreement set forth in Schedule 1.01(d).

Examples of Severance Arrangements in a sentence

  • The Bank of New York Mellon Corporation Policy Regarding Shareholder Approval of Future Senior Officers Severance Arrangements, adopted July 12, 2010.

  • Severance Arrangements: Invesco considers proposed severance arrangements (sometimes known as “golden parachute” arrangements) on a case-by-case basis due to the wide variety among their terms.

  • Unless the provisions of this Section of the Plan are expressly superseded by the provisions in the form of Award Agreement, the provisions of this Section shall apply and shall supersede anything to the contrary set forth in the Award Agreement for a Non-Exempt Award.(b) Non-Exempt Awards Subject to Non-Exempt Severance Arrangements.

  • See “Employment Transition Payments” and “Employment and Severance Arrangements; Change in Control Payments” in the Compensation Discussion and Analysis for a description of compensation in connection with his hiring.

  • For clarity, the Company’s qualified and non-qualified retirement plans are not considered Severance Arrangements for purposes of this paragraph and amounts payable under this Plan A shall not be reduced pursuant to this paragraph as a result of amounts payable under such qualified and non-qualified retirement plans.


More Definitions of Severance Arrangements

Severance Arrangements has the meaning ascribed to it in Section 7.4(b).
Severance Arrangements is defined in SECTION 6.12(B).
Severance Arrangements means the Kimpton Hotels and Restaurants Severance Policy.
Severance Arrangements has the meaning set forth in Section 5.6(c) of the Agreement.
Severance Arrangements means the agreements listed on Exhibit II to this Employee Matters Agreement.
Severance Arrangements is defined in Section 1.4(nnn). ----------------
Severance Arrangements is defined in Section 6.12(b). ---------------