Voluntarily Terminated definition

Voluntarily Terminated or “Voluntarily Terminates” means the Participant’s Separation from Service before Retirement, which termination is mutually acceptable to the Participant and Compensation Committee.
Sample 1
Voluntarily Terminated shall be limited to a cessation of employment by Xxxx for reasons other than death, Good Reason (as defined below) or Total Disability (as defined below).
Sample 1
Voluntarily Terminated shall be limited to a cessation of employment by Terxx xxr reasons other than death, a material breach by Vita of the Stock Purchase Agreement or this Agreement or "Total Disability". For the purposes of this Agreement, "TOTAL DISABILITY" means the Terry's inability, through physical or mental illness or accident, to perform the majority of his usual duties and responsibilities hereunder (as such duties are constituted on the date of the commencement of such disability) in the manner and to the extent required under this Agreement for a period of at least one hundred eighty (180) days out of a 360 day period. Total Disability shall be deemed to have occurred on the first day following the expiration of such one hundred eighty (180) days.
Sample 1

Examples of Voluntarily Terminated in a sentence

  • If Executive's employment with the Company is Voluntarily Terminated by Executive without Good Reason, the Company shall pay to Executive all Base Compensation and bonus accrued through the date of termination pursuant to Sections 4(a) and 4(b) above, whereupon the Company shall have no further obligations to Executive under this Agreement.

  • If Executive's employment with the Company is Voluntarily Terminated by Executive within 30 days of a Change in Control (as defined in Section 6(d) below), the Company shall pay to Executive all Base Compensation and bonus amounts accrued pursuant to Sections 4(a) and 4(b) through a period equal to the Severance Period.

  • If Executive's employment with the company is Voluntarily Terminated by Executive within 30 days of a Change in Control (as defined in Section 6(d) below), the Company shall pay to Executive all Base Compensation and bonus amounts accrued pursuant to Sections 4(a) and 4(b) through a period equal to the Severance Period.

  • For the purposes of any agreement governing any Stock Incentive and the applicable plan, the Executive shall be treated as a Full Career Employee who has been Voluntarily Terminated and all Stock Options shall remain exercisable for the remainder of their original term.

  • In addition, in respect of Voluntarily Terminated Receivables and Defaulted Receivables, the Seller is required to account for Vehicle Sales Proceeds and Recoveries to the Issuer.

  • In addition, in respect of Voluntarily Terminated Receivables, Returned PCP Receivables and Defaulted Receivables, the Seller is required to account for Recoveries(including Vehicle Sale Proceeds) to the Issuer.

  • Programs Voluntarily Terminated by Institutions of Higher Education—Don Stowe, PhD, Education Associate, Office of Educator Certification, Recruitment, and Preparation, Division of School Effectiveness IF INNOVATION AND FINANCE Committee Report—Dr. David Blackmon, Chair Dr. Blackmon stated there was one action item placed on the consent agenda as follows: FOR APPROVAL 01.

  • This action is being taken because this Skilled Nursing Facility Voluntarily Terminated Participation in the Medicare program as established by the Social Security Act (Sections 1861(dd)), and its underlying regulations.

  • Section 307.3—Notice to Depositors When Insurance Is Voluntarily Terminated and Deposits Are Not AssumedAs noted earlier, a bank that has obtained the FDIC’s permission under sections 8(a), 8(p) or 18(i)(3) of the FDI Act to terminate its insured status without transferring all of its deposits to an FDIC insured institution is required by the current section 307.2 to provide notice to each of its depositors.

  • In the event a Participant’s employment with the Company and any Affiliate is Voluntarily Terminated with Good Reason or Involuntarily Terminated without Cause, at any time prior to the last vesting date of the Performance Shares, all remaining unvested Performance Shares shall vest.


More Definitions of Voluntarily Terminated

Voluntarily Terminated means Employee's Termination of Employment for reasons other than death, disability under Paragraph 6.1, or being expressly discharged by the Company.
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Related to Voluntarily Terminated

  • Voluntary Termination means termination by the Employee of the Employee's employment with the Company, excluding termination by reason of Employee's death or disability as described in Sections 2.5 and 2.6.

  • Involuntary Termination Without Cause means Executive’s dismissal or discharge other than for Cause. The termination of Executive’s employment as a result of Executive’s death or disability will not be deemed to be an Involuntary Termination Without Cause.

  • Involuntary Termination means a termination of your employment with the Company pursuant to either (i) a termination initiated by the Company without Cause, or (ii) your resignation for Good Reason, and provided in either case such termination constitutes a Separation from Service. An Involuntary Termination does not include any other termination of your employment, including a termination due to your death or disability.

  • Qualified Termination has the meaning set forth in Section 4(b).

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Involuntary Termination of Employment means any termination of Executive's employment by the Company and its subsidiaries, other than a termination for Cause or due to death or Disability.

  • Constructive Termination Without Cause means the termination of the Executive’s employment at his initiative after, without the Executive’s prior written consent, one or more of the following events:

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Without Cause Termination or “Terminated Without Cause” means termination of the Executive’s employment by the Company other than due to death, disability, or Termination for Cause.

  • Constructive Termination means:

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • CIC Qualifying Termination means a Separation (A) within twelve (12) months following a Change in Control or (B) within three (3) months preceding a Change in Control (but as to part (B), only if the Separation occurs after a Potential Change in Control) resulting, in either case (A) or (B), from (i) the Company terminating the Executive’s employment for any reason other than Cause or (ii) the Executive resigning his or her employment for Good Reason. A termination or resignation due to the Executive’s death or disability shall not constitute a CIC Qualifying Termination. A “Potential Change in Control” means the date of execution of a legally binding and definitive agreement for a corporate transaction which, if consummated, would constitute the applicable Change in Control (which for the avoidance of doubt, would include, for example, a merger agreement, but not a term sheet for a merger agreement). In the case of a termination following a Potential Change in Control and before a Change in Control, solely for purposes of benefits under this Agreement, the date of Separation will be deemed the date the Change in Control is consummated.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Termination Without Cause means termination by the Company other than due to the Executive’s death or disability or Termination With Cause.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

  • Good Reason means:

  • Termination for Good Reason means a Termination of Employment by Executive for a Good Reason.

  • Termination for Cause or "Cause" shall mean personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses), or final cease and desist order, or any material breach of this Agreement, in such case as measured against standards generally prevailing at the relevant time in the savings and community banking industry. For purposes of this Section, no act, or the failure to act, on the Executive's part shall be "willful" unless done, or omitted to be done, in bad faith and without reasonable belief that the action or omission was in the best interest of the Bank or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the written advice of counsel for the Bank shall be conclusively presumed to be done, or omitted to be done, by the Executive in good faith and in the best interests of the Bank. Notwithstanding the foregoing, the Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to him a Notice of Termination which shall include a copy of a resolution duly adopted by the affirmative vote of not less than three-fourths of the members of the Board at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for him, together with counsel, to be heard before the Board), finding that in the good faith opinion of the Board, the Executive was guilty of conduct justifying Termination for Cause and specifying the particulars thereof in detail. The Executive shall not have the right to receive compensation or other benefits for any period after Termination for Cause.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.