Common use of Other Distributable Events Clause in Contracts

Other Distributable Events. The time and form of your benefits under this Agreement will be based on the earliest to occur of your Disability, death or Separation from Service (each a “Distributable Event”), as set forth in Section 1 and this Section 3. (For this purpose, if death or Disability causes a Separation from Service, the death or Disability will be considered to occur earlier than the Separation from Service.) If such earliest event is your Disability, death, or Separation from Service which is either a Retirement (as described in Section 3(c)), an Involuntary Separation from Service (as described in Section 3(d)), a Separation from Service for Good Reason (as described in Section 3(e)), or a Separation from Service for Cause (as described in Section 3(f)), your compensation hereunder, if any, will be governed by this Section 3.

Appears in 2 contracts

Sources: Letter Agreement (Smucker J M Co), Letter Agreement (Smucker J M Co)