Examples of Termination Benefit in a sentence

Your Preserved Benefit can be paid as a Normal Retirement, Early Retirement or Vested Termination Benefit, which will be calculated and paid in the same manner and form as your Benefit (Add-on).
Sum Payout of Remaining Normal Retirement Benefit, Early Termination Benefit, or Disability Benefit When a Change in Control Occurs.
In the event of a Change in Control (as defined in their respective employment agreements), Xx. Xxxxx and Xx. Xxxxx each have a one-year option to terminate their respective agreements and to collect a payment substantially equivalent to the amount payable for wrongful termination prior to a Change in Control plus a lump-sum amount equal to the Termination Benefit (as defined in the Executive Security Plan) under the Executive Security Plan.
For purposes of this section, "Termination Benefit" shall mean, with respect to an Australia Assumed Employee, the benefit due to such employee under the governing rules of Seller's Superannuation Fund on the termination of such Australia Assumed Employee's employment with Seller or applicable Selling Subsidiary.
Sick leave in the CSLA may not be used for payment under Section 12.03, Sick Leave Termination Benefit.

More Definitions of Termination Benefit

Termination Benefit means the benefit set forth in Article 5 which shall be paid following a Participant’s Termination of Employment.

Termination Benefit means the benefit described in Article 7.

Termination Benefit means the benefit described in Article 5.

Termination Benefit means the termination benefit provided for in Section 7.2.

Termination Benefit means the lump sum amount payable to an Eligible Employee who ceases to be an Employee pursuant to Article 6.5.

Termination Benefit means the benefit set forth in Article 7 of this Plan.

Termination Benefit means a benefit equal in amount to the balance of credits in the member’s Defined Benefit Supplement account that is payable to the member in a lump–sum when the member has terminated all employment to perform creditable service subject to coverage by the plan.