Severance Period. Subject to Section 7.7, the “Severance Period” shall be a period of two (2) months for each year of employment with the Company (prorated for any partial periods). The Severance Period shall commence when a “separation from service” occurs, as defined in Treasury Regulation Section 1.409A-1(h) (a “Separation from Service”).
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Samples: Employment Agreement (Altair Nanotechnologies Inc), Employment Agreement (Altair Nanotechnologies Inc), Employment Agreement (Altair Nanotechnologies Inc)
Severance Period. Subject to Section 7.7, the “Severance Period” shall be a period of two (2) months for each year of employment with the Company (prorated for any partial periods), subject to a minimum of two months. The Severance Period shall commence when a “separation from service” occurs”, as defined in Treasury Regulation Section 1.409A-1(h) (a “Separation from Service”).
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Severance Period. Subject to Section 7.7, the “Severance Period” shall be a period of two (2) months for each year of employment with the Company (prorated for any partial periods). The Severance Period shall commence when a “separation from service” occurs, as defined in Treasury Regulation Section 1.409A-1(h) (a “Separation from Service”).. Employment Agreement – Xxxxx Xxx Zhan
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