Definition of Termination Date Sample Clauses
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Definition of Termination Date. The defined term "Termination Date," set forth in SECTION 1.1 of the Credit Agreement, is amended by deleting the existing definition, in its entirety, and substituting in its place the following revised definition:
Definition of Termination Date. The date upon which the Executive’s employment and the Term terminate pursuant to this Section 4 shall be the Executive’s “Termination Date” for purposes of this Agreement. In the event that the termination of the Executive’s employment does not constitute a “separation from service” as defined in section 409A of the Code, the Executive’s rights to the applicable payments and benefits described in this Section 4 shall vest upon the Termination Date, but no payment to the Executive that is subject to section 409A of the Code shall be paid until the Executive incurs such a separation from service (or, if required under Section 8.1, until six months after such separation if the Executive is a “specified employee” as defined in Treasury Regulation 1.409A-1(i)(1)).
Definition of Termination Date. The first to occur of the following events shall be the "Termination Date":
5.1.1. The date on which the Employee becomes entitled to receive long-term or short-term disability payments by reason of total and permanent disability;
5.1.2. The Employee's death;
Definition of Termination Date. The date upon which Executive’s employment and the Term terminate pursuant to this Section 4.1 shall be the Executive’s “Termination Date” for all purposes of this Agreement.
Definition of Termination Date. For the purpose of this Agreement, "Termination Date" shall mean: (i) in the case of a Change of Control, the Executive's last day of employment with the Corporation or any of its subsidiaries, and (ii) in the case of a Divestiture, the Executive's last day of employment with any of the Corporation or any of its subsidiaries, or with a Divested Entity or any of its subsidiaries, as the case may be.
Definition of Termination Date. The definition of “Termination Date” in Section 4(c) is replaced in its entirety with the defined term “Expiry Date”, which shall mean the date of the Employee’s expiry of employment. All references in the Agreement to Termination Date shall be understood as referring to Expiry Date.
Definition of Termination Date. The first to occur of the following events shall be the Termination Date:
6.1.1 The date on which the Executive becomes entitled to receive long-term disability payments by reason of total and permanent disability;
6.1.2 The Executives death;
6.1.3 Voluntary resignation after one of the following events shall have occurred, which event shall be specified to the Company by the Executive at the time of resignation: material reduction in the responsibility, authority, power or duty of the Executive or a material breach by the Company of any provision of this Agreement, which breach continues for 30 days following notice by the Executive to the Company setting forth the nature of the breach (Resignation with Reason);
6.1.4 Voluntary resignation not accompanied by a notice of reason described in Section 6.1.3 (General Resignation);
6.1.5 Discharge of the Executive by the Company after one of the following events shall have occurred, which event shall be specified in writing to the Executive by the Company at the time of discharge:
(i) a felonious act committed by Executive during his employment hereunder,
(ii) any act or omission on the part of Executive not requested or approved by the Company constituting willful malfeasance or gross negligence in the performance of his duties hereunder,
(iii) any material breach of any term of this Agreement by the Executive which is not cured within 30 days after written notice from the Board to the Employee setting forth the nature of the breach (Discharge for Cause); For purposes of this subparagraph (6.1.5), no act or failure to act on the Executives part shall be considered willful unless done or omitted to be done by Executive not in good faith and without reasonable belief that Executives action or omission was in the best interest of the Company. Notwithstanding the foregoing, Executive shall not be deemed to have been discharged for Cause unless and until there shall have been delivered to Executive a copy of a Notice of Termination (as defined below) from the Chairman of the Board of the Company stating that in his good faith opinion Executive was guilty of conduct set forth in clauses (i), (ii), or (iii) above of this subparagraph (6.1.5) and specifying the particulars thereof in detail.
6.1.6 Discharge of the Executive by the Company not accompanied by a notice of cause described in Section 6.1.5 (General Discharge). For purposes of this Agreement Notice of Termination shall mean a notice which indicates the spec...
Definition of Termination Date. The first to occur of the following events shall be the Termination Date:
5.1.1. The date on which Executive becomes entitled to receive long-term disability payment from the insurer by reason of disability under Section 3.3 hereof and is terminated by the Company.
5.1.2. The date of Executive's death.
5.1.3. The date of Executive's voluntary resignation after one of the following events shall have occurred, which event shall be specified to the Company by Executive at the time of resignation ("Resignation for Reason"): (a) a change be specified to the Company by Executive at the time of resignation ("Resignation for Reason"): (a) a change in Executive's title, (b) a material reduction (on a cumulative basis) in the responsibility, authority, power or duty of Executive or (c) a material breach by the Company of any provision of this Agreement, which breach continues for 30 days following notice by Executive to the Company setting forth the nature of the breach.
5.1.4. The date of Executive's voluntary resignation not accompanied by a notice of reason described in Section 5.1.3 hereof.
5.1.5. The date of the Company's discharge of Executive after one of the following events shall have occurred ("Discharge for Cause"):
(a) a felonious act (other than a motor vehicle violation) committed by Executive during his employment hereunder;
(b) any act or omission on the part of Executive not requested or approved by the Company constituting willful malfeasance in the performance of his duties hereunder that materially adversely affects the Company;
(c) conviction of Executive or the entry of a plea of guilt or nolo contendere by Executive to any crime involving moral turpitude; or
(d) any material breach of any term of this Agreement by Executive which is not cured within 30 days after written notice from the Chairman of the Board to Executive setting forth the nature of the breach. For purposes of this Section 5.1.5, no act or failure to act on Executive's part shall be considered "willful" unless done or omitted to be done by Executive in bad faith and without reasonable belief that Executive's action or omission was in the best interest of the Company. Notwithstanding the foregoing, Executive shall not be deemed to have been Discharged for Cause unless and until there shall have been delivered to Executive a copy of a Notice of Termination (as defined below) from the Chairman of the Board identifying the conduct set forth in clauses (a), (b), (c) or (d) above of ...
Definition of Termination Date. Effective upon the Effective Date, the definition of the term “Termination Date” shall be revised to now mean December 16, 2014.
Definition of Termination Date. The "Termination Date" shall be the earliest of: