Date of Termination of Employment Sample Clauses
The "Date of Termination of Employment" clause defines the exact date on which an employee's employment with an organization officially ends. This clause typically specifies whether the termination date is the last day worked, the end of a notice period, or another agreed-upon date, and may address how accrued benefits or final payments are calculated up to that point. Its core practical function is to provide clarity for both parties regarding when employment obligations cease, which is essential for determining entitlements, benefits, and the start of any post-employment restrictions.
Date of Termination of Employment. Date of Termination" shall mean (i) if Employee's employment is terminated by his death, the date of his death; (ii) if Employee's employment is terminated for disability pursuant to subparagraph 5(b) above, 30 days after Notice of Termination is given (provided that Employee shall not have returned to the performance of his duties during such thirty-day period); (iii) if Employee's employment is terminated for any other reason, the date specified in the Notice of Termination which shall not be less than 10 days nor more than 60 days from the date Notice of Termination is given; provided that if within 30 days after any Notice of Termination is given the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally determined, either by mutual written agreement of the parties, by a binding and final arbitration award or by a final judgment, order or decree of a court of competent jurisdiction (the time for appeal therefrom having expired and no appeal having been perfected).
Date of Termination of Employment. For purposes of this Agreement, the date of a Termination of Employment shall be (1) if the Termination of Employment is the result of Officer's death, the date of such death, (2) if the Termination of Employment is the result of Officer's Disability, the date on which the notice described in subsection (b)(1) of this Section is received by Officer, (3) if the Termination of Employment is the result of Officer's Normal Retirement, the date specified in the notice described in subsection (b)(2) of this Section, (4) if the Termination of Employment is the result of a dismissal by the Company (but is not the result of Officer's Disability), the date on which the notice described in subsection (b)(3) of this Section is received by the Officer, or such later date as may be specified by the Company in such notice, and (5) if the Termination of Employment is the result of a voluntary action by Officer (but is not the result of Officer's Normal Retirement), the date specified in the notice described in subsection (b)(4) of this Section, or such earlier date as the Company may specify, provided that if such date specified by Company is less than 30 days following the date Company received notice from Employee, then Company agrees to pay officer an amount equal to one-twelfth (1/12) of Officer's Base Salary, which amount shall be paid in cash on the date of such Termination of Employment.
Date of Termination of Employment. For purposes of this Agreement, the date of a Termination of Employment shall be (1) if the Termination of Employment is the result of Officer's death, the date of such death, (2) if the Termination of Employment is the result of Officer's Disability, the date on which the notice described in subsection (b)(1) of this Section is received by Officer, (3) if the Termination of Employment is the result of Officer's Normal Retirement, the date specified in the notice described in subsection (b)(2) of this Section, (4) if the Termination of Employment is the result of a dismissal or other action by the Company (but is not the result of Officer's Disability), the date on which the notice described in subsection (b)(3) of this Section is received by the Officer, and (5) if the Termination of Employment is the result of a voluntary action by Officer (but is not the result of Officer's Normal Retirement), the date specified in the notice described in subsection (b)(4) of this Section.
Date of Termination of Employment. For purposes of this Agreement, Executive’s date of termination of employment will be the earliest of (a) the date written notice of termination is given by the Company to Executive, (b) the date written notice of termination is given by Executive to the Company, or (c) the date Executive ceases to perform services for the Company (other than due to Disability, but including due to death or Retirement).
Date of Termination of Employment. The following provision supplements and, to the extent inconsistent, replaces Section 3(h) of this Agreement: For purposes of the Award, the Participant's employment relationship will be considered terminated as of the date that the employment relationship legally ends under German law ("Beendigungsdatum"). Notwithstanding any provision in this Agreement to the contrary, if the Participant files a claim for unfair dismissal (Kündigungsschutzklage) pursuant to the German Protection Against Dismissal Act (Kündigungsschutzgesetz) and the termination is subsequently found to be invalid by a German labor court, or if the Participant and the Company Group enter into a settlement agreement (Abwicklungsvertrag or Vergleich) that provides for an extended termination date, the Date of Termination of Employment shall be deemed to be the date on which the employment relationship legally ends under such court decision or settlement agreement. The Participant's unvested Awards shall remain outstanding during the pendency of any such legal proceedings, subject to the original vesting schedule. If the termination is ultimately upheld, the Award shall be treated in accordance with Section 3 of this Agreement as of the original notice date. If the termination is found to be invalid and the employment relationship continues, the Award shall continue to vest in accordance with its original terms.
Date of Termination of Employment. Date of Termination" shall mean (i) if Executive's employment is terminated by his death, the date of his death; (ii) if Executive's employment is terminated for disability pursuant to subparagraph 5(b) above, 30 days after Notice of Termination is given (provided that Executive shall not have returned to the performance of his duties during such thirty-day period); (iii) if Executive's employment is terminated for any other reason, the date specified in the Notice of Termination which shall not be less than 30 days nor more than 60 days from the date Notice of Termination is given; provided that if within 30 days after any Notice of Termination is given the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally determined, either by mutual written agreement of the parties, by a binding and final arbitration award or by a final judgment, order or decree of a court of competent jurisdiction (the time for appeal therefrom having expired and no appeal having been perfected).
Date of Termination of Employment. The following provision replaces Section 3(h) of this Agreement: For purposes of the Performance Stock Units and except required by applicable legislation, the Participant’s employer-employee or service relationship will be considered terminated as of the date that is the earlier of: (i) the date of termination of employment, (ii) the date the Participant receives notice of termination from his or her employer, or (iii) the date the Participant is no longer actively providing services (regardless of the reason for such termination and whether or not the termination is later found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any). The Participant will not earn, or be entitled to earn, any pro-rated vesting for that portion of time before the date on which the Participant’s right to vest terminates, nor will the Participant be entitled to any compensation for lost vesting. Notwithstanding the foregoing, if applicable employment standards legislation explicitly requires continued entitlement to vesting during a statutory notice period, the Participant’s right to vest in the Performance Stock Units, if any, will terminate effective as of the last day of the Participant’s minimum statutory notice period, but the Participant will not earn or be entitled to pro-rated vesting if the vesting date falls after the end of the Participant’s statutory notice period, nor will the Participant be entitled to any compensation for lost vesting. The Committee shall have the exclusive discretion to determine when the Participant is no longer actively providing services for the purpose of the Participant’s Performance Stock Units (including whether Participant may still be considered to be providing services while on a leave of absence).
Date of Termination of Employment. Notwithstanding any provision in the Plan or this Agreement to the contrary, if the Participant is resident or employed outside of the United States, the date of the Participant’s termination of employment shall be the earlier of (i) the last day of the Participant’s active service with the Company Group (regardless of the reason for the termination and whether or not the termination is later found to be invalid or in breach of employment laws in the jurisdiction where the Participant is employed or the terms of the Participant’s employment agreement, if any); or (ii) the last day on which the Participant is considered an employee of the Company Group, as determined in each case by the Committee. Unless otherwise expressly provided in this Agreement or determined by ACCO Brands, any right to vest in the Performance Stock Units will terminate as of the date described in the previous sentence.
Date of Termination of Employment. Notwithstanding any provision in the Plan or this Agreement to the contrary, if the Participant is resident or employed outside of the United States, the date of the Participant’s termination of employment shall be the earliest of (i) the date on which notice of termination of employment is provided by the Company to the Participant; (ii) the last day of the Participant’s active service with the Company; or (iii) the last day on which the Participant is considered an employee of the Company, as determined in each case by the Committee without including any required advance notice period and irrespective of the status of the termination of employment under local labor or employment laws.
Date of Termination of Employment. Within thirty (30) days after any Notice of Termination of Employment is received, the recipient of such notice shall have ten (10) days to notify the Party providing said notice that a dispute exists with respect to such notice. The Date of Termination of Employment shall then become null and void, and the actual Date of Termination of Employment shall become the date on which the dispute is resolved, either by mutual written agreement of the Parties, by a binding arbitration award, or the decision of a court of competent jurisdiction, from which no appeal is or can be taken; provided further that the Date of Termination of Employment shall be extended by a notice of dispute only if such notice is given in good faith and the Party giving such notice pursues the resolution of such dispute with reasonable diligence. Notwithstanding the pendency of any such dispute, the Company will continue to pay Your full compensation in effect when the notice giving rise to the dispute was given (including, but not limited to, base salary and bonus) and continue You as a participant in all incentive compensation, benefit and insurance plans in which You were participating when the notice giving rise to the dispute was given, until the dispute is finally resolved in accordance with this Article. Amounts paid under this Article are in addition to all other amounts due under this Agreement and shall not be offset against or reduce any other amounts due under this Agreement.