Director's Termination Date definition

Director's Termination Date means the date of the Director's separation from service (within the meaning of Section 409A of the Code).
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Director's Termination Date has the meaning ascribed thereto in Section 6.1.
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Director's Termination Date means the effective date of the Director's resignation from the Board of Directors of the Corporation.
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Examples of Director's Termination Date in a sentence

  • If a Director desires to have his Unit Account and/or Deferral Account distributed in installments as provided in Section 7(d) or Section 9(d) hereof, the election to receive payments in installments must be delivered to the Secretary of AutoZone at least 12 full months prior to the Director's Termination Date.

  • A Director who has a Unit Account may convert all (but not less than all) of the Unit Account into a Deferral Account, provided that such Director delivers notice to AutoZone of such election to convert at least 12 full months prior to the Director's Termination Date.

  • Any such election delivered by the Director within the 12-month period ending on the Director's Termination Date shall be of no force or effect.

  • If the Director's Termination Date is at or after the end of the Restricted Period, the Director shall receive the number of shares of restricted Common Stock awarded hereunder, free and clear of the restrictions set forth in this Agreement, except for any restrictions necessary to comply with federal and state securities laws.

  • As of each date (prior to the Eligible Director's Termination Date) on which a cash dividend is paid on Unicom Stock, each such account shall be credited with an additional number of equivalent shares to be determined by assuming reinvestment of equivalent dividends on shares then in the account.

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  • If the Outside Director elects to receive a lump sum distribution, the trustee of the trust shall distribute such shares of common stock free of restrictions within 60 days after the Outside Director's Termination Date or a later date elected by the Outside Director (no later than the mandatory retirement age of the Outside Director).

  • Retirement benefit payments shall commence to be paid to an Eligible Director on the last day of the calendar quarter next following the Eligible Director's Termination Date.

  • The "Benefit Period" shall mean the period which begins on the day next following the Retired Director's Termination Date and which ends on the first to occur of (1) the date which is (A) the same number of months subsequent to the Retired Director's Termination Date as is equal to (B) the number of whole or partial months during which the Retired Director served as a Director prior to his Termination Date and (2) the Retired Director's death.

  • Payment to the Director may commence in the Year following the Director's Termination Date or in such earlier year as the Director may specify on the Deferral Election Form.


More Definitions of Director's Termination Date

Director's Termination Date means the date of the event, including death, causing the Director to be no longer any of a Director of an employee of the Corporation, or a director or employee of any Affiliate.
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Related to Director's Termination Date

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

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

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

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

  • Event Termination Date See Section 2(e) hereof.

  • 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.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Stated Termination Date means December 31, 2000.

  • 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.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Company Termination Event means any of the following:

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Liquidity Termination Date means the earlier to occur of the following:

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Lease Termination Date means the last day of the Lease Term.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.