Severance Benefit Period definition

Severance Benefit Period means a period of eighteen (18) months following the Termination Date.

Severance Benefit Period means the seventy (70) week period following the Termination Date.

Severance Benefit Period means (1) with respect to a Participant who is the Chief Executive Officer, a period of twenty-four (24) months, (2) with respect to a Participant who is an Executive Officer (other than the Chief Executive Officer), a period of twelve (12) months and (3) with respect to a Participant who is a Key Employee, a period determined by the Committee and set forth in the Participant’s Participation Agreement.

Examples of Severance Benefit Period in a sentence

• For the balance of any period in excess of the applicable Severance Benefit Period during which the Participant is entitled to continuation coverage under COBRA, the Participant shall be entitled to maintain coverage for himself or herself and the Participant’s eligible dependents at the Participant’s own expense.

• By using a Grand Jury to initiate a case, the prosecutor can ensure that the victim will not have to testify publicly until trial.

• Executive agrees that during the Severance Benefit Period, Executive will not, either directly or indirectly, separately or in association with others, interfere with, impair, disrupt or damage Company’s business by soliciting, encouraging or recruiting any of Company’s employees or causing others to solicit or encourage any of Company’s employees to discontinue their employment with Company.

• Executive agrees and covenants that Executive will not at any time during the Severance Benefit Period make, publish or communicate to any person or entity or in any public forum any defamatory or disparaging remarks, comments or statements concerning the Company or its businesses, or any of its employees, officers, and existing and prospective customers, suppliers, investors and other associated third parties.

• The term "EUR" means the euro, or any other lawful currency that is a successor to it.The term "Event of Default" has the meaning set out in Rule 901 and the term "Default" shall be construed accordingly.

More Definitions of Severance Benefit Period

Severance Benefit Period means the period of time during which Severance Benefits are payable to, or on behalf of, a particular Participant (as applicable), if that Participant otherwise qualifies for Severance Benefits pursuant to the provisions of this Plan.

Severance Benefit Period means the period set forth in a Participant’s Participation Agreement that will be used to determine the amount of severance payments and other benefit to be received by a Participant.

Severance Benefit Period means (1) with respect to a Participant who is an Executive Officer, a period of twelve (12) months and (2) with respect to a Participant who is a Key Employee, a period of six (6) months or such longer period as is approved by the Board and set forth in the Participation Agreement.

Severance Benefit Period means the 6 or 12 calendar months following the date of termination of the Executive’s employment, depending on the Executive’s length of service with the Company. Where the Executive’s length of service with the Company is at least 6 months but not longer than 24 months, the “Severance Benefit Period” will be 6 months. Where such length of service is longer than 24 months, the “Severance Benefit Period” will be 12 months.

Severance Benefit Period means the two year period following the Termination Date.

Severance Benefit Period means (1) with respect to a Participant who is the Chief Executive Officer, a period of twenty-four months, and (2) with respect to a Participant who is an Executive Officer, a period of twelve months.

Severance Benefit Period means the 24 calendar months following the date of termination of the Executive’s employment.