Common use of Definition of Termination of Employment Clause in Contracts

Definition of Termination of Employment. “Termination of Employment” as used in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.

Appears in 13 contracts

Samples: Employment Agreement (Americas Carmart Inc), Employment Agreement (Americas Carmart Inc), Employment Agreement (Americas Carmart Inc)

AutoNDA by SimpleDocs

Definition of Termination of Employment. “Termination For purposes of Employment” as used determining the time of payment of any amount hereunder in accordance with Section 409A, all references in this Agreement shall have the same meaning to termination of employment or Date of Termination mean a separation from service as set out in, defined under Section 409A and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.thereunder. This provision does not prohibit the vesting of any amount upon a termination of employment, however defined.”

Appears in 2 contracts

Samples: Employment Agreement (Global Payments Inc), Employment Agreement (Global Payments Inc)

Definition of Termination of Employment. “Termination For purposes of Employment” as used determining the time of payment of any amount hereunder in accordance with Section 409A, all references in this Agreement shall have the same meaning to termination of employment mean a separation from service as set out in, defined under Section 409A and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.thereunder. This provision does not prohibit the vesting of any amount upon a termination of employment, however defined.

Appears in 2 contracts

Samples: Employment Agreement (Global Payments Inc), Employment Agreement (Global Payments Inc)

Definition of Termination of Employment. For purposes of this Agreement, the term Termination termination of Employmentemploymentshall mean a separation from service as used defined in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section Treasury Regulation § 1.409A-1(h) of the regulations promulgated under Code Section 409A.).

Appears in 2 contracts

Samples: Share Purchase Agreement (Magellan Health Inc), Employment Agreement (Magellan Health Services Inc)

Definition of Termination of Employment. “Termination For purposes of Employment” as used determining the time of payment of any amount hereunder in accordance with Section 409A, all references in this Agreement shall have the same meaning to termination of employment or Date of Termination mean a separation from service as set out in, defined under Section 409A and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.thereunder. This provision does not prohibit the vesting of any amount upon a termination of employment, however defined.

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

Definition of Termination of Employment. “Termination of Employment” as used in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.409A of the Code, and references to termination of “Employment Term,” as used in this Agreement, are understood to refer to “Termination of Employment.”

Appears in 1 contract

Samples: Release Agreement (Americas Carmart Inc)

Definition of Termination of Employment. For all purposes of the Employment Agreement, Employee’s employment shall be treated as if it were terminated if the termination meets the definition of Termination of Employmentseparation from service” as used set forth in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.Treas. Reg. §1.409A-1(h)(1).

Appears in 1 contract

Samples: Employment Agreement (School Specialty Inc)

Definition of Termination of Employment. “Termination of Employment” as used in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.409A of the Code.

Appears in 1 contract

Samples: Employment Agreement (Americas Carmart Inc)

Definition of Termination of Employment. “Termination For purposes of Employment” as used determining the time of payment of any amount hereunder in accordance with Section 409A, all references in this Agreement shall have the same meaning to termination of employment and Date of Termination mean a separation from service as set out in, defined under Section 409A and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.thereunder. This provision does not prohibit the vesting of any amount upon a termination of employment, however defined.”

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

Definition of Termination of Employment. With respect to the payment of all benefits under Sections 8.1 and 8.2, "Termination of Employment" shall mean "separation from service" as used defined in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) 409A of the Code and regulations promulgated under Code Section 409A.issued thereunder.

Appears in 1 contract

Samples: Employment Agreement (Pulse Electronics Corp)

AutoNDA by SimpleDocs

Definition of Termination of Employment. With respect to the payment of all benefits under Section 8.1 and 8.2, "Termination of Employment" shall mean "separation from service" as used defined in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) 409A of the Code and regulations promulgated under Code Section 409A.issued thereunder.

Appears in 1 contract

Samples: Employment Agreement (Technitrol Inc)

Definition of Termination of Employment. With respect to the payment of all benefits under this Article 8, “Termination of Employment” shall mean “separation from service” as used defined in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.409A and regulations issued thereunder.

Appears in 1 contract

Samples: Employment Agreement (Prestige Brands Holdings, Inc.)

Definition of Termination of Employment. “Termination For purposes of Employment” as used determining the time of payment of any amount hereunder in accordance with Section 409A, all references in this Agreement shall have the same meaning to termination of employment mean a separation from service as set out in, defined under Section 409A and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated under Code Section 409A.thereunder. This provision does not prohibit the vesting of any amount upon a termination of employment, however defined.”

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

Definition of Termination of Employment. For purposes of this Agreement, references to Termination termination of Employmentemploymentand all correlative terms shall mean a separation from service as used defined in this Agreement shall have the same meaning as set out in, and shall occur on the date determined in accordance with, Section Treasury Regulation § 1.409A-1(h) of the regulations promulgated under Code Section 409A.).

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Inc)

Definition of Termination of Employment. For purposes of this Agreement, the term Termination termination of Employmentemploymentshall mean a separation from service as used defined in Treasury Regulation § 1.409A-1(h); provided, however, that if a date for termination of employment is designated by the Company but Employee has a separation from service prior to such designated date, the designated termination date shall be deemed the date of termination for any compensation payable under this Agreement shall have that would fully qualify for the same meaning as set out in, and shall occur on the date determined in accordance with, Section 1.409A-1(h) of the regulations promulgated short-term deferral exception under Code Section 409A.Treasury Regulation §

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.