Common use of Date of Termination shall mean Clause in Contracts

Date of Termination shall mean. (a) If the Executive's employment is terminated for Disability, thirty (30) days after Notice of Termination for Disability is given by the Employer to the Executive and the Executive shall not have returned to the performance of his duties on a full-time basis during such thirty (30) day period; (b) If the Executive's employment is terminated by the Employer for Cause or by the Executive for Good Reason, the date specified in the Notice of Termination, but not earlier than the date on which such Notice of Termination is given; and (c) If the Executive's employment is terminated or terminates for any other reason, the date on which the Executive ceases to perform services for the Employer as a common law employee.

Appears in 6 contracts

Samples: Change in Control, Confidentiality, and Noncompetition Agreement (Bar Harbor Bankshares), Change in Control, Confidentiality, and Noncompetition Agreement (Bar Harbor Bankshares), Change in Control, Confidentiality, and Noncompetition Agreement (Bar Harbor Bankshares)

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