Termination of Executive's Employment definition

Termination of Executive's Employment means that Merix has terminated Executive’s employment with Merix (including any subsidiary of Merix). For purposes of Section 3, if Executive is assigned additional or different titles, tasks or responsibilities from those currently held or assigned, consistent with Executive’s areas of professional expertise and with no decrease in annual base compensation, whether at Merix or any subsidiary of Merix, such circumstances shall not constitute a Termination of Executive’s Employment. For purposes of Xxxxxxx 0, Xxxxxxxxxxx of Executive’s Employment shall include termination by Executive, within 24 months of a Change of Control, by written notice to Merix referring to the applicable paragraph of Section 9.1, for “Good Reasonbased on:
Termination of Executive's Employment means (i) Executive has severed her employment relationship with Ceridian and all Affiliates provided such termination constitutes a “separation from service” under Section 409A of the Code, or (ii) Executive experiences a change in employment status with Ceridian and its Affiliates that constitutes a “separation from service” under Section 409A of the Code.
Termination of Executive's Employment means that the Company has terminated Executive's employment with the Company (including any subsidiary of the Company). Termination of Executive's Employment shall also include termination by Executive by written notice to the Company also for "Good Reason" based on:

Examples of Termination of Executive's Employment in a sentence

  • In addition, the Company shall pay Executive his cash-based incentive compensation plan payout for any then current performance period under each such cash-based incentive compensation plan, provided that such payout, if any, shall be based on actual performance results for the performance period, shall not exceed the payout at target performance, and shall be pro-rated through the date of the Termination of Executive's Employment.

  • Executive will resign Executive's office, if any, as a director, officer or trustee of Merix, its subsidiaries or affiliates and of any other corporation or trust of which Executive serves as such at the request of Merix, effective as of the date of Termination of Executive's Employment.

  • Termination of Executive's Employment means that (i) the Company has terminated Executive's employment with the Company (including any subsidiary of the Company) other than for Cause (as defined in Section 6.2), death or Disability (as defined in Section 6.4), or (ii) Executive, by written notice to the Company, has terminated his employment with the Company (including any subsidiary of the Company) for Good Reason (as defined below).

  • Termination of Executive's Employment means that RadiSys has terminated Executive's employment with RadiSys (including any subsidiary of RadiSys).

  • Merix will pay Executive a lump sum payment in an amount equivalent to the reasonably estimated cost Executive may incur to extend for a period of 18 months under the COBRA continuation laws Executive's group health and dental plan coverage in effect at the time of Termination of Executive's Employment.


More Definitions of Termination of Executive's Employment

Termination of Executive's Employment means that RadiSys has terminated Executive's employment with RadiSys (including any subsidiary of RadiSys). If Executive is assigned additional or different titles, tasks or responsibilities from those currently held or assigned, consistent with Executive's areas of professional expertise, whether at RadiSys or any subsidiary of RadiSys, such circumstances shall not constitute a Termination of Executive's Employment.
Termination of Executive's Employment means that FEI has terminated Executive's employment with FEI (including any subsidiary of FEI), provided that such termination is a “separation from service” within the meaning of Section 409A, as determined by FEI. Termination of Executive's Employment shall include termination by Executive by written notice to FEI referring to the applicable paragraph of Section 7.1, for “Good Reasonbased on:
Termination of Executive's Employment means a separation of service for purposes of Section 409A of the Code. A transfer to an affiliate shall not be a termination of Executive’s employment.
Termination of Executive's Employment means that Merix has terminated Executive's employment with Merix (including any subsidiary of Merix). For purposes of Sections 3 and 4, if Executive is removed as Chief Executive Officer of Merix, such circumstances shall constitute a Termination of Executive's Employment. For purposes of Section 4, Termination xx Xxxxxxxxx'x Xxxxxxxent shall also include termination by Executive, within 24 months of a Change of Control, by written notice to Merix referring to the applicable paragraph of Section 8.1, for "Good Reason" based on:
Termination of Executive's Employment means that Company has terminated Executive's employment with Company (including any subsidiary of Company). For purposes of Section 3, if Executive is assigned additional or different titles, tasks or responsibilities from those currently held or assigned, consistent with Executive's areas of professional expertise and with no decrease in annual base compensation, whether at Company or any subsidiary of Company, such circumstances shall not constitute a Termination of Executive's Employment. For purposes of Section 3, Termination of Executive's Employment shall include texxxxxxxxx xx Xxxxxxxxx, within 12 months of a Change of Control, by written notice to Company referring to the applicable paragraph of Section 6.1, for "Good Reason" based on:
Termination of Executive's Employment means that Merix has terminated Executive’s employment with Merix (including any subsidiary of Merix). For purposes of Xxxxxxx 0, Xxxxxxxxxxx of Executive's Employment shall include termination by Executive on account of a material diminution in Executive’s authority, duties or responsibilities or by a material decrease in Executive’s annual base compensation, provided Executive notifies Merix thereof within 60 days of the occurrence thereof and Merix fails to cure within 30 days of receipt of such notice. For purposes of Xxxxxxx 0, Xxxxxxxxxxx of Executive's Employment shall include termination by Executive, within 24 months of a Change of Control, by written notice to Merix referring to the applicable paragraph of Section 9.1, for "Good Reason" based on:
Termination of Executive's Employment means Executive’s “separation from service” as defined under Section 409A of the Code.