Severance Benefits definition

Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.
Severance Benefits shall have the meaning set forth in Section 8(g) hereof.
Severance Benefits means the benefits described in Section 4 of this Agreement, as adjusted by the applicable provisions of Section 5 of this Agreement.

Examples of Severance Benefits in a sentence

  • The Participant expressly acknowledges and agrees that compliance with the restrictive covenants and intellectual property obligations in his or her most recently accepted Equity Award containing such provisions becomes, upon acceptance of the Equity Award, a condition of entitlement to Severance Benefits under this Plan, without regard to the Plan amendment and notice provisions in Section 7.3 of this Plan.

  • A Participant who does not submit a signed Waiver and Release Agreement to the Company within thirty (30) days of his or her Separation from Service shall not be eligible to receive any Severance Benefits under the Plan.

  • I acknowledge and agree that if I revoke this Release during the Revocation Period, this Release will be null and void and of no effect, and neither the Company nor any other member of the Group will have any obligations to pay me the Severance Benefits.

  • Severance Benefits shall also be contingent upon Executive’s professional cooperation in the timely transfer, to the person(s) identified by the Board, of information/knowledge associated with Executive’s duties.

  • A Participant who timely revokes his or her Waiver and Release Agreement shall not be eligible to receive any Severance Benefits under the Plan.


More Definitions of Severance Benefits

Severance Benefits means the compensation and other benefits that the Participant will be provided in the circumstances described in Section 4.
Severance Benefits means:
Severance Benefits means your benefits under Section 6 of this Agreement.
Severance Benefits has the meaning assigned to such term in Section 3 hereof.
Severance Benefits means the payment of severance compensation as provided in Section 2.3 herein.
Severance Benefits means Severance Benefits described in Section 4.3.
Severance Benefits means the payments and benefits payable to the Executive pursuant to Section 5.