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. 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.
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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.
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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”).
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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).
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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.
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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
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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 (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement.

  • Effective Date; Termination This Agreement shall become effective upon execution by all of the Parties and shall continue in force until terminated in accordance with Clause 8.2(a).

  • 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 This Agreement shall become effective upon the execution and delivery hereof by the parties hereto.

  • 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 The Employment Period will continue until (i) Executive's death, Disability or resignation from employment with the Company, Employer and their respective Subsidiaries or (ii) the Company, Employer and their respective Subsidiaries decide to terminate Executive's employment with or without Cause. If (A) Executive's employment is terminated without Cause pursuant to clause (ii) above or (B) Executive resigns from employment with the Company, Employer or any of their respective Subsidiaries for Good Reason, then during the period commencing on the date of termination of the Employment Period and ending on the first anniversary of the date of termination (the "SEVERANCE PERIOD"), Employer shall pay to Executive, in equal installments on the Employer's regular salary payment dates, an aggregate amount equal to (I) his Annual Base Salary, plus (II) an amount equal to the annual bonus, if any, paid or payable to Executive by Employer for the last fiscal year ended prior to the date of termination. In addition, if Executive is entitled on the date of termination to coverage under the medical and prescription portions of the Welfare Plans, such coverage shall continue for Executive and Executive's covered dependents for a period ending on the first anniversary of the date of termination at the active employee cost payable by Executive with respect to those costs paid by Executive prior to the date of termination; PROVIDED, that this coverage will count towards the depletion of any continued health care coverage rights that Executive and Executive's dependents may have pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended ("COBRA"); PROVIDED further, that Executive's or Executive's covered dependents' rights to continued health care coverage pursuant to this SECTION 8(c) shall terminate at the time Executive or Executive's covered dependents become covered, as described in COBRA, under another group health plan, and shall also terminate as of the date Employer ceases to provide coverage to its senior executives generally under any such Welfare Plan. Notwithstanding the foregoing, (I) Executive shall not be entitled to receive any payments or benefits pursuant to this SECTION 8(c) unless Executive has executed and delivered to Employer a general release in form and substance satisfactory to Employer and (II) Executive shall be entitled to receive such payments and benefits only so long as Executive has not breached the provisions of SECTIONS 9 or 10 hereof. The release described in the foregoing sentence shall not require Executive to release any claims for any vested employee benefits, workers compensation benefits covered by insurance or self-insurance, claims to indemnification to which Executive may be entitled under the Company's or its Subsidiaries' certificate(s) of incorporation, by-laws or under any of the Company's or its Subsidiaries' directors or officers insurance policy(ies) or applicable law, or equity claims to contribution from the Company or its Subsidiaries or any other Person to which Executive is entitled as a matter of law in respect of any claim made against Executive for an alleged act or omission in Executive's official capacity and within the scope of Executive's duties as an officer, director or employee of the Company or its Subsidiaries. Not later than eighteen (18) months following the termination of Executive's employment, the Company and its Subsidiaries for which the Executive has acted in the capacity of a senior manager, shall sign and deliver to Executive a release of claims that the Company or its Subsidiaries has against Executive; PROVIDED THAT, such release shall not release any claims that the Company or its Subsidiaries commenced prior to the date of the release(s), any claims relating to matters actively concealed by Executive, any claims to contribution from Executive to which the Company or its Subsidiaries are entitled as a matter of law or any claims arising out of mistaken indemnification by the Company or any of its Subsidiaries. Except as otherwise provided in this SECTION 8(c) or in the Employer's employee benefit plans or as otherwise required by applicable law, Executive shall not be entitled to any other salary, compensation or benefits after termination of Executive's employment with Employer.

  • Effective Date; Revocation Executive acknowledges and represents that he has been given [twenty-one (21)][forty-five (45)] days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on Executive.

  • Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Effective Date of the Merger The Merger shall become effective when a properly executed Certificate of Merger is duly filed with the Secretary of State of the State of Delaware, which filing shall be made concurrently with the closing of the transaction contemplated by this Agreement in accordance with Section 1.12. When used in this Agreement, the term "Effective Date" shall mean the date and time at which such Certificate of Merger is so filed or at such time thereafter as is provided in such Certificate of Merger.

  • The Separation At or prior to the Effective Time, to the extent not already completed and subject to the terms of the Ancillary Agreements:

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