Effective Date of Separation Sample Clauses

Effective Date of Separation. If the Employment ---------------------------- Period is terminated by the Executive without Good Reason, then the termination will be effective sixty (60) days after the date of delivery of written notice of termination. If the Employment Period is terminated by the Board without Cause or by the Executive with Good Reason, then the termination will be effective thirty (30) days after the date of delivery of written notice of termination. If the Employment Period is terminated by the Board with Cause, termination will be effective as of the date of notice of termination.
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Effective Date of Separation. Mxxxxx’x employment with the Company (and any affiliates of the Company) shall terminate on March 16, 2010, (the “Effective Date”).
Sample 1
Effective Date of Separation. The effective date of Mr. Macione's resignation from the Company and each of the Company's xxxxxxxxxxxx is May 7, 2004 (the "Effective Date"). Mr. Macione and the Company are executing this agreement on May 28, 2000. Xxx Xxmpany is accepting Mr. Macione's resignation effective May 7, 2004 and agrees that Mr. Mxxxxxx xxxxx continue to be covered by the Company's health insuxxxxx xxxxx May 6, 2006. Mr. Macione shall have such rights as he may have under applicable lax xx xxxxxxue health coverage at his own expense for such additional periods of time as is available under applicable law or to terminate such coverage or to procure his own separate coverage as he may elect after his company health coverage expires as of midnight on May 6, 2006.
Sample 1
Effective Date of Separation. The Employee’s employment with the Company shall cease on the earlier of: (a) the date on which a new CEO is hired and commences employment as CEO with the Company or (b) January 31, 2011, or such later date as the Company and Employee may mutually agree to in writing (the “Separation Date”). Prior to the Separation Date, the Employee shall continue to devote full-time and skill to his duties and responsibilities as CEO in accordance with the terms and conditions of the Employment Agreement.
Sample 1
Effective Date of Separation. I have agreed that my separation will start on July 1, 2013 (the “Separation Date”) and I will continue to perform my duties as I have historically performed them for ADK up until July 1, 2011.
Sample 1
Effective Date of Separation. Your last day employed with the Company will be recorded as December 31, 2021, you will be paid through this date and your regular benefits (including, but not limited to life, medical and dental insurance coverage) will remain in effect through this date. Between the date this Agreement is presented to you and your last day employed with the Company, you will be required to exhaust all of your unused regular earned vacation and personal days. Between the date this Agreement is presented to you and your last day employed with the Company, you are expected to perform the work associated with your role or otherwise assigned to you by Xxxx Xxxxxxxxxx or Xxxxx Xxxxx. In the event of your willful and continued failure to perform substantially all of your duties with the Company or the willful engaging by you in illegal conduct or gross misconduct, you will no longer be eligible for the terms and conditions (including without limitation the severance payments and benefits referenced in section 2) set forth in this agreement and your last day worked will be determined by the Company and before December 31, 2021.
Sample 1
Effective Date of Separation. Executive’s employment with the Company (and any affiliates of the Company) shall terminate on January 21, 2011 (the “Effective Date”). On the Effective Date, the Employment Agreement dated November 17, 2008 between Executive and the Company (the “Employment Agreement”) shall terminate (other than those provisions which survive the termination of Executive’s employment).
Sample 1
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Effective Date of Separation. The effective date of Mr. Gregory's resignation from his position of Chief Executive Officex xx Xxx 00, 2004 (the "Effective Date"). The effective date of Mr. Gregory's resignation from his positions as Chairman and as a dirxxxxx xx xxx Company's Board of Directors is May 14, 2004. Further, the effective date of Mr. Gregory's resignation from his positions as a director and officex xx xxxx xx the Company's subsidiaries is May 14, 2004. The Company is accepting Mr. Gregory's resignation effective May 14, 2004 and agrees that Mr. Xxxxxxx xxxxx continue to be covered by the Company's health insuxxxxx xxxxx May 14, 2005 or until Mr. Gregory shall become eligible for health care coverage through hix xxxxxxxxxt with another entity, whichever first occurs. Mr. Gregory shall have such rights as he may have under applicable lax xx xxxxxxue health coverage at his own expense for such additional periods of time as is available under applicable law or to terminate such coverage or to procure his own separate coverage as he may elect after his company health coverage expires.
Sample 1

Related to Effective Date of Separation

  • Effective Date of Agreement; Termination This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. The obligations of the several Underwriters hereunder shall be subject to termination in the absolute discretion of the Representative, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Pre-Pricing Prospectuses, the Prospectus and the Permitted Free Writing Prospectuses, if any, there has been any change or any development involving a prospective change in the business, properties, management, financial condition or results of operations of the Company and its subsidiaries taken as a whole, the effect of which change or development is, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the public offering or the delivery of the Securities on the terms and in the manner contemplated in the Registration Statement, the Pre-Pricing Prospectuses, the Prospectus and the Permitted Free Writing Prospectuses, if any, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the American Stock Exchange or the NASDAQ Stock Market; (B) a suspension or material limitation in trading in the Company’s common stock on the NYSE; (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States; (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war; or (E) any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere, if the effect of any such event specified in clause (D) or (E), in your sole judgment, makes it impractical or inadvisable to proceed with the public offering or the delivery of the Securities on the terms and in the manner contemplated in the Registration Statement, the Pre-Pricing Prospectuses, the Prospectus and the Permitted Free Writing Prospectuses, if any, or (3) since the time of execution of this Agreement, there shall have occurred any downgrading, or any notice or announcement shall have been given or made of: (A) any intended or potential downgrading or (B) any watch, review or possible change that does not indicate an affirmation or improvement in the rating accorded any securities of or guaranteed by the Company or any Significant Subsidiary by any “nationally recognized statistical rating organization,” as that term is defined in Rule 436(g)(2) under the Act. If the Representative elects to terminate this Agreement as provided in this Section 7, the Company and each other Underwriter shall be notified promptly in writing. If the sale to the Underwriters of the Securities, as contemplated by this Agreement, is not carried out by the Underwriters for any reason permitted under this Agreement, or if such sale is not carried out because the Company shall be unable to comply with any of the terms of this Agreement, the Company shall not be under any obligation or liability under this Agreement (except to the extent provided in Sections 4(o), 5 and 9 hereof), and the Underwriters shall be under no obligation or liability to the Company under this Agreement (except to the extent provided in Section 9 hereof) or to one another hereunder.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders’ meeting or by the consent of Stockholders owning more than fifty percent (50%) of shares of the Common Stock within twelve months of such adoption.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date of Termination Executive’s employment will terminate on the 30th day after Executive gives written notice to the Company stating that Executive is resigning his employment with the Company for any reason other than Good Reason, unless the Company waives in writing all or part of this notice period (in which case the termination of employment is effective as of the date of the waiver).

  • Separation Any employee who has been employed for at least six (6) continuous months will be entitled to payment for vacation leave credits when they: A. Resign with adequate notice; B. Retire; C. Are laid-off; or D. Are terminated by the Employer. In addition, the estate of a deceased employee will be entitled to payment for vacation leave credits.

  • Effective Date This agreement shall be effective upon its execution, and unless terminated as provided, shall continue in force until May 31, 2006 and thereafter from year to year, provided continuance is approved annually by the vote of a majority of the Board members of the Issuer, and by the vote of those Board members of the Issuer who are not "interested persons" of the Issuer and, if a plan under Rule 12b-1 under the Investment Company Act of 1940 is in effect, by the vote of those Board members of the Issuer who are not "interested persons" of the Issuer and who are not parties to the Distribution and Service Plan or this Agreement and have no financial interest in the operation of the Distribution and Service Plan or in any agreements related to the Distribution and Service Plan, cast in person at a meeting called for the purpose of voting on the approval. This Agreement shall automatically terminate in the event of its assignment. As used in this paragraph, the terms "assignment" and "interested persons" shall have the respective meanings specified in the Investment Company Act of 1940 as now in effect or as hereafter amended. In addition to termination by failure to approve continuance or by assignment, this Agreement may at any time be terminated by either party upon not less than sixty days' prior written notice to the other party.

  • Notice of Separation When an employee’s resignation is presumed in accordance with Section 27.2 above, the Employer will separate the employee by sending a separation notice to the employee by certified mail to the last known address of the employee. Such notice will include information regarding eligibility for continuation of medical benefits.

  • Effective Date of Benefit Termination Medical, dental and life coverage termination will take effect on the first of the month following the loss of eligible employee or dependent status. Disability benefit coverage terminations will take effect on the day following loss of eligible employee status.

  • The Separation Subject to the satisfaction or waiver (in accordance with the provisions of Section 4.3) of the conditions set forth in Section 4.3, each of MII and B&W will use commercially reasonable efforts to take, or cause to be taken, any actions, including the transfer of Assets and the assumption of Liabilities, necessary to effect the Separation on or prior to the Distribution Date. As of and after the Distribution Time, B&W and its Subsidiaries shall, as between the B&W Group and the MII Group, be responsible for all B&W Liabilities, regardless of when or where such B&W Liabilities arose or arise, or whether the facts on which they are based occurred prior to or subsequent to the date hereof, regardless of where or against whom such B&W Liabilities are asserted or determined or whether asserted or determined prior to, at or after the date hereof, and regardless of whether arising from or alleged to arise from negligence, recklessness, violation of statute or Law, fraud or misrepresentation, breach of contract or other theory, by any member of the MII Group or the B&W Group or any of their respective directors, officers, employees, agents, Subsidiaries or Affiliates. As of and after the Distribution Time, MII and its Subsidiaries shall, as between the MII Group and the B&W Group, be responsible for all MII Liabilities, regardless of when or where such MII Liabilities arose or arise, or whether the facts on which they are based occurred prior to or subsequent to the date hereof, regardless of where or against whom such MII Liabilities are asserted or determined or whether asserted or determined prior to, at or after the date hereof, and regardless of whether arising from or alleged to arise from negligence, recklessness, violation of statute or Law, fraud or misrepresentation, breach of contract or other theory, by any member of the MII Group or the B&W Group or any of their respective directors, officers, employees, agents, Subsidiaries or Affiliates. Subject to Section 3.8(f), each of MII and B&W agrees on behalf of itself and each of its Subsidiaries as of the Distribution Time that the provisions of the Tax Sharing Agreement shall exclusively govern the allocation of Assets and Liabilities related to Taxes.

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