Severance Date definition

Severance Date means the date on which an Executive incurs a Severance, which shall be the date of termination as determined under Section 5.2.

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Severance Date means the date on which an Eligible Employee incurs a Severance.

Severance Date means the earlier of:

Examples of Severance Date in a sentence

The Executive agrees to promptly execute and provide to the Company any further documentation, as requested by the Company (whether before or after the Severance Date), to confirm such resignations.
The Executive hereby irrevocably resigns, on the Severance Date, from the Company and any affiliate of the Company, as an officer and director of the Company and any affiliate, and as a fiduciary of any benefit plan of the Company or any affiliate of the Company (in each case, to the extent the Executive then has any such position), and from each and every other position that the Executive may then otherwise hold with the Company or any of its affiliates.
The Company shall provide the form of Release to the Executive not later than fifteen (15) business days following the Severance Date, and the Executive shall be required to execute and return the Release within twenty one (21) days of delivery (or forty-five (45) days if such longer period of time is required to make the Release maximally enforceable under applicable law).
The amount payable pursuant to clause (ii) above shall be paid to Executive at the time that annual bonuses are paid to senior management personnel with respect to the applicable fiscal year, but in any event within seventy-four (74) days after the Severance Date.
In addition, if following the Executive’s Authorized Retirement, the Executive breaches the Executive’s affirmation that he or she is retiring from full-time employment and commences full-time employment at any time following the Severance Date, the Executive shall be required to pay back to the Company the after-tax amount of the Authorized Retirement Benefit within 60 days following such breach.

More Definitions of Severance Date

Severance Date means the final day of employment with the Employer which date shall be communicated in writing by the Employer to the Employee.

Severance Date means the date on which the Eligible Employee incurs a Severance.

Severance Date means the date on or after the date of the Change in Control on which an Eligible Employee incurs a Severance.

Severance Date means the date on which an Eligible Employee’s Severance Event takes place.

Severance Date means the earlier of (a) the date an Employee quits, retires, is discharged or dies, or (b) the last day of an authorized leave of absence, or if later, the first anniversary of the date on which an Employee is first absent from service, with or without pay, for any reason such as vacation, sickness, Disability, layoff or leave of absence.

Severance Date means the date on which the Executive’s employment with the Company and its subsidiaries terminates for any reason (whether or not as a result of a Qualifying Termination).

Severance Date means the date on which the Executive incurs a Severance.