Termination Year definition

Termination Year means the calendar year in which the Employment Period is terminated.
Termination Year means the calendar year in which Executive’s Termination Date occurs.
Termination Year means the calendar year in which the Termination Date occurs.

Examples of Termination Year in a sentence

  • Such bonus shall be pro-rated for the portion of the Termination Year during which the Executive was employed by the Company.

  • If no such bonus shall have been awarded to Employee under any Bonus Plan, on the Commencement Date Employee shall receive a lump sum cash payment in the amount of the sum of the Target Amounts under each such Bonus Plan referred to in the immediately preceding sentence which would have been payable to Employee in the Termination Year.

  • The pro-rated Target Bonus shall be computed by multiplying the Target Bonus by a fraction (i) the numerator of which is the number of days in each year of the Performance Period applicable to such Component Target Amount reduced by the number of days in the Termination Year following the Termination Date and (ii) the denominator of which is the number of days in the Performance Period.

  • Pursuant to Section 1362(e)(1)(B) of the Code, that portion of the S Termination Year beginning on the Termination Date and ending on the last day of the taxable year shall be the C Short Year of the Company.

  • Notwithstanding the foregoing, Executive shall only be entitled to reimbursement for those outplacement service costs incurred by Executive on or prior to the last day of the second year following the Termination Year.


More Definitions of Termination Year

Termination Year means the year in which Employee’s Termination Date occurs.
Termination Year means the year in which Executive's termination of employment occurs.
Termination Year means that fiscal year of the Company during which the Employment Period ends pursuant to the terms of Section 2(d) hereof.
Termination Year means the calendar year in which the Term expires.
Termination Year means the calendar year within which a Participant’s Termination Date falls.
Termination Year means the calendar year within which a Participant's Termination Date falls.
Termination Year means the calendar year during which the Participant’s Termination Date occurs.