Common use of Employment Termination Date Clause in Contracts

Employment Termination Date. For purposes of this Employment Agreement, “Employment Termination Date” means the effective date of termination of the Employee’s employment hereunder, which date shall be (i) if the Employee’s employment is terminated by his death, the date of his death, (ii) if the Employee’s employment is terminated because of his Disability, the Disability Effective Date, (iii) if the Employee’s employment is terminated by the Company pursuant to a For Cause Termination, the date specified in the Notice of Termination, (iv) if the Employee’s employment is terminated by the Company pursuant to a Without Cause Termination, the date specified in the Notice of Termination, (iv) if the Employee’s employment is terminated by the Employee pursuant to a Good Reason Termination, the date on which the Notice of Termination is given (unless the Company and Employee agree upon any different Employment Termination Date), and (v) otherwise, the date on which the Notice of Termination is given, and if none is given, then the date recorded by the Company as the date of termination for purposes of its payroll records. In addition, Employee’s employment is considered terminated only if it meets the definition of a “separation from service” within the meaning of Code Section 409A, and references to termination of employment shall be deemed to refer to a separation from service.

Appears in 3 contracts

Samples: Employment Agreement (Starboard Resources, Inc.), Employment Agreement (Starboard Resources, Inc.), Employment Agreement (Starboard Resources, Inc.)

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Employment Termination Date. For purposes of this Employment Agreement, “Employment Termination Date” means shall mean the effective date of termination of the Employee’s employment hereunder, which date shall be (i) if the Employee’s employment is terminated by his death, the date of his death, (ii) if the Employee’s employment is terminated because of his Disability, the Disability Effective Date, (iii) if the Employee’s employment is terminated by the Company pursuant to a For Cause Termination, the date specified in the Notice of Termination, which date shall in no event be earlier than the date such notice is given, (iv) if the Employee’s employment is terminated by the Company pursuant to a Without Cause Termination, the date specified in the Notice of Termination, (iv) if the Employee’s employment is terminated by the Employee pursuant to a Good Reason Termination, the date on which the Notice of Termination is given (unless the Company and Employee agree upon any different Employment Termination Date)given, and (vvi) otherwise, if the date on which the Notice of Termination is given, and if none is given, then the date recorded by the Company as the date of termination for purposes of its payroll records. In addition, Employee’s employment is considered terminated only if it meets by the definition of a “separation from service” within the meaning of Code Section 409A, and references to termination of employment shall be deemed to refer Employee pursuant to a separation Without Reason Termination, the date specified in the Notice of Termination, which date shall in no event be earlier than 30 days from servicereceipt of the Notice of Termination.

Appears in 3 contracts

Samples: Employment Agreement (GeoMet, Inc.), Employment Agreement (GeoMet, Inc.), Employment Agreement (GeoMet, Inc.)

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