Common use of Definition of Termination of Employment Clause in Contracts

Definition of Termination of Employment. For all purposes of this Agreement, the determination of whether Executive’s employment has terminated will be made in accordance with Treas. Reg. §1.409A-1(h)(1)(ii), as the same may be amended from time to time, promulgated under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”).

Appears in 3 contracts

Samples: Change of Control Agreement (Marshall & Ilsley Corp), Change of Control Agreement (Marshall & Ilsley Corp), Change of Control Agreement (Marshall & Ilsley Corp)

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Definition of Termination of Employment. For all purposes of this the Employment Agreement, the determination of whether ExecutiveEmployee’s employment has shall be treated as if it were terminated will be made if the termination meets the definition of “separation from service” as set forth in accordance with Treas. Reg. §1.409A-1(h)(1)(ii), as the same may be amended from time to time, promulgated under Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”1.409A-1(h)(1).

Appears in 1 contract

Samples: Employment Agreement (School Specialty Inc)

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