Examples of Severance End Date in a sentence
This Agreement shall terminate ----------------------------------------- on the date of termination of the Executive's employment or, if applicable, the Severance End Date, but Executive's obligations under the attached Inventions and Proprietary Information Agreement shall continue in accordance with the terms and conditions therein.
CTI shall continue to pay premiums to maintain any life insurance for Executive, existing and paid for by CTI as of the Severance Date until the Severance End Date.
Each experience was enriching and contributed to my understanding of the love of God and how vast and diverse His creative work is.
This Agreement shall terminate on the date of termination of the Executive’s employment or, if applicable, the Severance End Date, but Executive’s obligations under the attached Inventions and Proprietary Information Agreement shall continue in accordance with the terms and conditions therein.
If the Executive’s employment is terminated by CTI without Cause, or if the Executive resigns from Executive’s employment for Good Reason, the Executive shall be entitled to receive Severance Pay plus pay for all vacation time accrued as of the Severance Date, such payment rendered as a series of payments in accordance with CTI’s normal payroll procedures from the Severance Date to the Severance End Date.
However, if Executive is terminated by CTI without Cause or the Executive resigns from Executive’s employment for Good Reason: (i) all unvested stock based compensation to which the Executive may have rights on the Severance Date shall accelerate and immediately vest and all options shall remain exercisable for a period of three (3) months following the Severance End Date.
In addition, CTI shall reimburse the Executive for any costs incurred by the Executive in electing COBRA continuation coverage for the Executive and Executive’s covered dependents under CTI’s medical plan only for the period from the Severance Date until the earlier of: (1) a date twelve (12) months after the Severance Date; (2) a date on which the Executive is covered under the medical plan of another employer, which does not exclude pre-existing conditions; or (3) the Severance End Date.
Employee agrees for up to one year following the Severance End Date, upon reasonable notice from the Company, to assist the Company in the defense of any legal or administrative action or proceeding now pending or which later may be filed by or against the Company or by or against any affiliated or related companies or any of their officers, directors or employees.
The Employee will continue to participate in and accrue benefits in the AIG Retirement Plan through the Severance End Date.
In addition, CTI shall reimburse the Executive for any costs incurred by the Executive in electing COBRAcontinuation coverage for the Executive and Executive’s covered dependents under CTI’s medical plan only for the period from the Severance Date until the earlier of: (1) a date eighteen (18) months after the Severance Date; (2) a date on which the Executive is covered under the medical plan of another employer, which does not exclude pre-existing conditions; or (3) the Severance End Date.