Severance Effective Date definition

Severance Effective Date means the 8th day after the Severance Agreement & Release is executed and the Executive has not revoked such Severance Agreement & Release during the 7 day Revocation Period. ​
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Severance Effective Date means the 8th day after the Severance Agreement & Release is executed and the Executive has not revoked such Severance Agreement & Release during the 7 day Revocation Period.
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Examples of Severance Effective Date in a sentence

  • On or before the Severance Effective Date, the Manager may by written notice to the City direct that the Severance Amount be paid and payable in a manner directed by the Manager, provided that the total Severance Amount must be paid and payable on or before the first anniversary of the Severance Effective Date and there shall be no limitations on the City making all deductions and withholdings required by law.

  • On or before the severance Effective Date, the City Manager may by written notice to the City direct that the Severance Amount be paid and payable in a manner directed by the City Manager, provided that the total Severance Amount must be paid and payable on or before the first anniversary of the Severance Effective Date, and there shall be no limitations on the City making all deductions and withholdings required by law.

  • On or before the Severance Effective Date, the City Auditor may by written notice to the City direct that the Severance Amount be paid and payable in a manner directed by the City Auditor, provided that the total Severance Amount must be paid and payable on or before the first anniversary of the Severance Effective Date and there shall be no limitations on the City making all deductions and withholdings required by law.

  • On or before the Severance Effective Date, the Interim Manager may by written notice to the City direct that the Severance Amount be paid and payable in a manner directed by the Interim Manager, provided that the total Severance Amount must be paid and payable on or before the first anniversary of the Severance Effective Date and there shall be no limitations on the City making all deductions and withholdings required by law.

  • You will not be treated as an employee of the Company or any of its subsidiaries or affiliates at any time after the Severance Effective Date (including, without limitation, during the Consulting Period) for purposes of any past, present or future employee benefit plan, program or arrangement of the Company or any of its subsidiaries or affiliates.

  • The Executive’s receipt of the severance pay described in this Section will be conditioned on the Executive having executed and not rescinded on or before the Severance Effective Date, and his compliance with, a reasonable and customary separation agreement and general release provided by the Company that includes a full and final release of claims in favor of the Company, and his continued compliance with Sections 7 and 8 of this Agreement.

  • For purposes of the 1995 Option Agreement, your employment shall be deemed to have terminated as of the Severance Effective Date.

  • The "Current Obligations" includes all salary and benefits under this Agreement payable or otherwise owing by City to Interim Manager through and including the Severance Effective Date.

  • The Executive’s receipt of the severance pay described in this Section will be conditioned on the Executive having executed and not rescinded on or before the Severance Effective Date, and his compliance with, a reasonable and customary separation agreement and general release agreement provided by the Company that includes a full and final release of claims in favor of the Company owned or potentially owned by him, and his continued compliance with Sections 7 and 8 of this Agreement.

  • In lieu of any benefits for periods beginning after the Severance Effective Date under the Profit Sharing Plan and the SERP, the Company will pay to you in cash as promptly as practicable after March 31, 1998 an amount equal to the Company contribution that would have been allocated to your accounts under the Profit Sharing Plan and the SERP for the year ending December 31, 1997 had your employment continued through the end of such year, assuming that your Base Salary remained at $330,000 per annum.

Related to Severance Effective Date

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Plan Effective Date means the occurrence of the effective date of the Plan according to its terms.

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.