Common use of Definition of Termination Date Clause in Contracts

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.

Appears in 4 contracts

Sources: Management Stability Agreement (Valero Energy Corp), Management Stability Agreement (Valero Refining & Marketing Co), Management Stability Agreement (Valero Energy Corp)

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 mean 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.

Appears in 3 contracts

Sources: Incentive Bonus Agreement (Valero Energy Corp), Incentive Bonus Agreement (Valero Energy Corp), Incentive Bonus Agreement (Valero Energy Corp)

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 mean 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.

Appears in 1 contract

Sources: Incentive Bonus Agreement (Valero Refining & Marketing Co)