Termination Benefit definition

Termination Benefit means the benefit set forth in Article 7.
Termination Benefit means the benefit set forth in Article 5.
Termination Benefit means the benefit set forth in Section 5.2.

Examples of Termination Benefit in a sentence

  • The payout shall not exceed the lesser of the Participant's Account Balance, calculated as if such Participant were receiving a Termination Benefit, or the amount reasonably needed to satisfy the Unforeseeable Financial Emergency.

  • Termination Benefit means the benefit payable to a Participant under the Plan following the Participant’s Separation from Service prior to Retirement.

  • A Participant who is entitled to receive a Termination Benefit shall receive payment of such benefit in a single lump sum.

  • Upon the Participant’s Separation from Service for reasons other than death, Disability or Retirement, he or she shall be entitled to a Termination Benefit.

  • Upon the Participant’s Separation from Service for reasons other than death or Retirement, he or she shall be entitled to a Termination Benefit.


More Definitions of Termination Benefit

Termination Benefit means the benefit set forth in Article 5 which shall be paid following a Participant’s Termination of Employment.
Termination Benefit means the benefit described in Article 7.
Termination Benefit means the benefit set forth in Article VII.
Termination Benefit means the benefit set forth in Section 7.4.
Termination Benefit means the termination benefit provided for in Section 7.2.
Termination Benefit means the benefit set forth in Section 4.4.
Termination Benefit means the benefit described in Article 5.