Early Involuntary Termination definition

Early Involuntary Termination means that the Executive, prior to Normal Retirement Age, has been notified in writing, that employment with the Company is terminated for reasons other than an approved leave of absence, Termination for Cause, Disability, Change of Control or Early Voluntary Termination.
Early Involuntary Termination means a Separation from Service (other than a termination for Cause) prior to Early Retirement Age due to the independent exercise of the unilateral authority of the Employer to terminate the Executive’s employment, other than due to the Executive’s implicit or explicit request, where the Executive was willing and able to continue performing services.
Early Involuntary Termination means a Separation from Service prior to Normal Benefit Date which (i) is a Termination for Good Reason or (ii) occurs other than at the Executive’s request and for reasons other than Cause or Disability or (iii) occurs more than twenty-four (24) months following a Change in Control.

Examples of Early Involuntary Termination in a sentence

  • For the purpose of the study, the individual students were made to read the text silently in other to have a fair view of the reading ability and skill level of the students.

  • If Early Involuntary Termination occurs prior to age 63, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

  • If Early Involuntary Termination occurs, the Employer shall pay the Executive the amount shown on Schedule A for the Plan Year ending immediately prior to Separation from Service in lieu of any other benefit hereunder.

  • Upon Early Involuntary Termination, the Company shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

  • If Early Involuntary Termination occurs, the Employer shall pay the Executive the Early Involuntary Termination annual benefit shown on Schedule A for the Plan Year ending immediately prior to Separation from Service in lieu of any other benefit hereunder.


More Definitions of Early Involuntary Termination

Early Involuntary Termination means that the Bank terminates Executive’s employment, in writing at any time, and such termination is not due to Disability, a Termination for Cause, or an approved leave of absence. For purposes of this Agreement, a Termination for “Good Reason” shall be treated as an Early Involuntary Termination.
Early Involuntary Termination means that the Director, prior to attaining Early Retirement Age, has been notified in writing that his service as a Director is terminated for reasons other than an approved leave of absence or a Removal for Cause.
Early Involuntary Termination means that the Company has terminated the Executive’s employment before Normal Retirement Age for any reason other than:
Early Involuntary Termination means that the Company has terminated the Executive’s employment before Normal Retirement Age for any reason other than: (q) Termination for Cause; (r) Disability; or (s) A Termination Event.
Early Involuntary Termination means the Executive has been notified in writing by the Bank of a Separation from Service before Normal Retirement Age for reasons other than:
Early Involuntary Termination means, before Normal Retirement Age, the Executive terminates employment for Good Reason or the Bank terminates the Executive’s employment without Cause.
Early Involuntary Termination means that the Executive, prior to Normal Retirement Age, has been notified in writing that employment with the Company is terminated for reasons other than an approved leave of absence, Termination for Cause, Disability or Change in Control. Early Involuntary Termination shall also be deemed to have occurred if the Executive terminates his or her employment with “just reason” if such termination shall result, in whole or in part, from any of the following events: (i) the breach by the Company of any material provision of this Plan or any employment agreement between the Company and the Executive or a reduction in base salary; (ii) receipt by the Executive of a notice from the Company that the Company intends to terminate employment under this Plan without cause; (iii) the failure of a successor or assign of the Company’s rights under this Plan to assume the Company’s duties hereunder; (iv) direction of the Executive by the Company to perform any unlawful act; (v) material reduction of Executive’s duties; (vi) a relocation of Executive’s principal place of employment by more than twenty-five (25) miles by automobile from 000 Xxxxxxxxxx Xxxxx, Xxx Xxxxxx, Xxxxxxxxxx; or (vi) liquidation or dissolution of the Company.