Severance Schedule definition

Severance Schedule means the applicable schedule attached as an appendix to this Plan, as such schedule may be modified from time to time by the Administrator, that describes the Severance Benefits and Supplemental Severance Benefits that an Employee may be entitled to receive pursuant to this Plan.
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Severance Schedule has the meaning set forth in Section 9.6(d)(i).
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Severance Schedule means the applicable schedule attached as an appendix to this Plan, as such schedule may be modified from time to time by the Administrator, that describes the Severance Benefits and Supplemental
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Examples of Severance Schedule in a sentence

  • In exchange for the promises and/or covenants of Employee contained herein, subject to the provisions contained within this Agreement, Employer shall pay to Employee the severance benefits set forth on the Severance Schedule (the “Severance Benefits”).

  • SCHEDULE I: SEVERANCE PAY‌ Severance Schedule Continuous Years of Service at Date of Layoff* Enhanced Severance Pay leaving the re-deployment pool early, as follows: Effective Date of Layoff 0 - 6 months 6-12 months 12+ months *Note: For the purpose of calculating continuous years of service in accordance with this Schedule, only continuous service in this Staff-Appointed bargaining unit shall be counted.

  • Prior to the Closing Date, following the receipt of the Employee Severance Schedule, the Companies shall terminate the employment of all Non-Continued Employees.

  • In the event that any Continuing Employee is terminated by Buyer or its Affiliates (including the Company Group following the Closing) without cause on or within the twelve (12) month period immediately following the Closing, Buyer agrees that it shall cause the Company Group or its Affiliates to provide severance to such Continuing Employee as set forth on the Continuing Employee Severance Schedule attached hereto.

  • Supplemental Severance - In addition, after an Employee has received his/her total Severance pay, if he/she has no alternate employment income, and has been actively seeking employment or is in full time attendance at an accredited school, he/she is eligible for supplemental severance based on years of service (see Supplemental Severance Schedule A).

  • Executive agrees that, except as provided below, and notwithstanding the terms and conditions of the Employment Agreement, the amounts set forth on the Severance Schedule reflect the entire amount of the severance payments and benefits payable or to be provided to Executive hereunder and that such amounts shall be subject to all tax withholdings required by applicable law.

  • In the event of termination by Manager for Good cause vesting of all options shall be accelerated and MANAGER shall be entitled to compensation according to Paragraph 7, Severance, Schedule A.

  • The Companies and the Buyer agree that all amounts payable under the Severance Schedule shall be conditioned upon the applicable employee executing and not revoking a release of all claims in a form reasonably satisfactory to the Buyer and the Companies.

  • Schedule 7.3 — Authorization of Governmental Authorities (Genzyme) Schedule 7.4 — Noncontravention (Genzyme) Schedule 8.11.5 — Hired Employee Severance Schedule 8.19 — Leukine Bulk Drug Substance Manufacturing Plan Schedule 8.23 — NewCo Term Sheet Schedule 10.7 — Consents Schedule 13.3A — Time for Claims (Genzyme) Schedule 13.3B — Time for Claims (Bayer) Genzyme Corporation agrees to furnish supplementally a copy of any omitted schedule to the Commission upon request.

  • Section 6.3(a) 2012 Severance Schedule Section 6.3(b) 2013 Severance Schedule Section 7.1(d) Consents This STOCK PURCHASE AGREEMENT, dated as of September 6, 2012 (this “Agreement”), among Household Insurance Group Holding Company (“Seller”), a Delaware corporation, Pavonia Holdings (US), Inc.