Termination Period definition

Termination Period means the period of time beginning with a Change in Control and ending two (2) years following such Change in Control. Notwithstanding anything in this Agreement to the contrary, if (i) Executive’s Employment is Terminated prior to a Change in Control for reasons that would have constituted a Qualifying Termination if they had occurred following a Change in Control; (ii) Executive reasonably demonstrates that such termination (or Good Reason event) was at the request of a Person who had indicated an intention or taken steps reasonably calculated to effect a Change in Control, or was otherwise made in connection with a Change in Control; and (iii) a Change in Control involving such third party or an Affiliate of such third party (or a party competing with such third party to effectuate a Change in Control) does occur, then for purposes of this Agreement, the date immediately prior to the date of such Termination of Employment or event constituting Good Reason shall be treated as a Change in Control. For purposes of determining the timing of payments and benefits to Executive under Section 4, the date of the actual Change in Control shall be treated as Executive’s Date of Termination under Section l(h).
Termination Period means the period of time beginning with a Change in Control and ending two (2) years following such Change in Control.
Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

Examples of Termination Period in a sentence

  • The rights and obligations of the parties under this Section 6.3 shall continue through any Termination Period.

  • The Special Termination Period is the period of time beginning on the date of Termination of Service and continuing for the number of days that is equal to the sum of (a) 90, plus (b) 180 multiplied by the Grantee's total Years of Continuous Service.

  • Upon the expiration of the Termination Period, all obligations of the parties under this Agreement shall cease, except that the provisions specified in Section 18.25 shall survive.16.2 Kohl’s Option to Purchase the Program Assets.

  • If Termination of Service is by the Company or a Subsidiary without Cause (as determined in the sole discretion of the Committee), the Option will terminate at the Close of Business on the first Business Day following the expiration of the Special Termination Period.

  • If Kohl’s exercises its Purchase Option, [*] prior to the date that is reasonably expected to be the last day of the Termination Period, it may communicate to Cardholders about the end of the Program and any new replacement credit card program that may be offered by a Nominated Purchaser following the Termination Period, provided that any such communication shall be subject to Bank review and approval, such approval not to be unreasonably withheld, conditioned or delayed.


More Definitions of Termination Period

Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) the date which is two (2) years following such Change in Control and (2) the Executive’s death; provided, however, that, anything in this Agreement to the contrary notwithstanding, if a Change in Control occurs and if the Executive’s employment with the Company was terminated prior to the date on which the Change in Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (a) was at the request of a third party who was taking steps reasonably calculated to effect a Change in Control or (b) otherwise arose in connection with or in anticipation of a Change in Control, then for purposes of this Agreement, “Termination Period” means the period of time commencing upon the date immediately prior to the date of such termination of employment and ending on the earlier to occur of (x) two (2) years following such Change in Control and (y) the Executive’s death.
Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:
Termination Period means the period of time commencing upon the date immediately prior to the date of such termination of employment and ending on the earlier to occur of (x) two (2) years following such Change in Control and (y) the Executive’s death.
Termination Period means the period (i) beginning with (a) in the case of termination pursuant to Section 16.2 or 16.3, the date of any notice of termination, or (b) in the case of termination pursuant to Section 16.1, the date that is eighteen (18) months prior to the expiration date and ending on either (i) the date the Program Assets are purchased pursuant to Section 17.2, if the Company or a Nominated Purchaser purchases the Program Assets, or (ii) the date that either (A) the Company delivers written notice to the Bank of its election not to purchase the Program Assets or (B) the right of the Company to purchase the Program Assets expires in accordance with the terms of this Agreement.
Termination Period shall have the meaning as set out under Article 16.1 hereof.
Termination Period means the period of time beginning with a Change in Control and ending two years following such Change in Control. Notwithstanding anything in this Agreement to the contrary, if the Executive’s employment with the Company is terminated before the occurrence of a pending Change in Control, the Executive’s employment will be deemed to have been terminated by the Company without Cause on the day after the occurrence of the Change in Control if: (A) a Change in Control actually occurs; (B) during the Change in Control Period ending on such Change in Control, the Executive’s employment is terminated by the Company other than for Cause or by the Executive for Good Reason; or (C) the Executive reasonably demonstrates that the Company terminated the Executive’s employment, or gave the Executive Good Reason, at the request of a person (other than the Company) who has indicated an intention or taken steps reasonably calculated to effect a Change in Control, or otherwise in connection with, or in anticipation of, the Change in Control. For purposes of determining the timing of payments and benefits to the Executive under Section 5(c): (A) if the Executive’s employment is terminated prior to the date of the Change in Control, the date of the actual Change in Control shall be treated as the Executive’s Date of Termination; and (B) if the Executive’s employment is terminated after the date of the Change in Control, the Executive’s Date of Termination shall be determined under Section 4(f). For purposes of determining the amount of payments and benefits owed to the Executive under Section 5(c), the date the Executive’s employment is actually terminated shall be treated as the Executive’s Date of Termination.
Termination Period means the period of time beginning with a Change in Control and ending two (2) years following such Change in Control. Notwithstanding anything in this Agreement to the contrary, if (i) Executive's employment is terminated within 6 months prior to a Change in Control for reasons that would have constituted a Qualifying Termination if they had occurred following a Change in Control, then for purposes of this Agreement, the date immediately prior to the date of such termination of employment shall be treated as a Change in Control. For purposes of determining the timing of payments and benefits to Executive under this Agreement, the date of the actual Change in Control shall of treated as Executive's Date of Termination.