Definition of Termination. For purposes of this Agreement, any reference to a “termination” of employment or any form thereof shall mean a “separation from service” as defined in Treasury Regulation §1.409A-1(h) by the Executive with BLI, Big Lots and all persons with whom BLI would be considered a single employer under Sections 414(b) and (c) of the Internal Revenue Code of 1986, as amended (the “Code”).
Definition of Termination. In the event that Optionee shall cease to be an employee of the Company or any of its subsidiaries voluntarily or involuntarily or for any reason whatever, such event is referred to in this Agreement as a "Termination" of Optionee's "Employment."
Definition of Termination. For purposes of this Agreement, the term “termination” or “termination of employment” shall have the same meaning given in Treasury Regulation § 1.409A-1(h)(1)(ii).
Definition of Termination. The term "termination" for purposes of this Agreement shall mean: (i) The termination by the Company of the Executive's full-time employment with the Company for any reason other than Cause; or
Definition of Termination. For the purposes of this Agreement, any reference to “termination” (or any form thereof) of this Agreement or the Employee’s employment hereunder shall mean a “separation from service” within the meaning of Section 409A of the Code by the Employee from the Bank and all entities that, along with the Bank, would be treated as a single employer under Sections 414(b) and (c) of the Code.
Definition of Termination. This Agreement provides for additional benefits not otherwise due to Executive and/or to employees generally upon employment termination and is intended to become operative only upon Executive's termination of employment and only under the following circumstances: (i) termination by Company "without cause;" or (ii) resignation by Executive "for good reason." Termination of employment due to Executive's death, disability, "cause" or resignation other than "for good reason" is not covered by this Agreement.
Definition of Termination. A termination of the Employment Period shall not be deemed to have occurred for purposes of any provision of this Agreement providing for the payment of any amounts or benefits upon or following a termination of employment unless such termination is also a “separation from service” within the meaning given in Treasury Regulation § 1.409A-1(h)(1)(ii), and for purposes of any such provision of this Agreement, references to a “termination”, “termination of the Employment Period”, “termination of employment” or similar terms shall mean “separation from service.”
Definition of Termination. For the purpose of any payments or reimbursements to be made, or any benefits to be continued, by the Company to the Employee under this Section 4 as a result of the Employee’s termination, “termination” shall mean a “separation of service” (as such term is defined in Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)).
Definition of Termination. The term "termination" for purposes of this Agreement shall mean:
(i) The termination by the Company of the Executive's full-time employment with the Company for any reason other than Cause; or
(ii) Any (A) failure to elect or re-elect the Executive to an office and position at least equal to the office and position he held immediately prior to such failure, or removal of the Executive from such office or position, (B) material change by the Company of the Executive's functions, duties or responsibilities without his express written consent as a result of which change the Executive's position with the Company shall be or become of less dignity, responsibility, importance or scope than the position he held at the time of such material change, and any such material change shall be deemed a continuing breach of this Agreement, (C) reduction in the monthly base salary of the Executive below the highest monthly base salary paid from and after October 18, 1990, (D) liquidation, dissolution, consolidation or merger of the Company, or transfer of all or substantially all of its assets, other than in compliance with the provisions of paragraph 8 below, or (E) breach of this Agreement by the Company, or breach of the Agreement Relating to Legal Expenses between the Company and the Executive dated October 18, 1990 (the "Legal Expense Agreement"); provided that in any such event the Executive elects to terminate his employment under this Agreement upon not less than sixty days' advance written notice given within a reasonable period of time not to exceed, except in case of a continuing breach, four calendar months after the event giving rise to the election.
Definition of Termination. For the purposes of this Agreement, the term "Termination" shall mean termination by the Corporation of the employment of
