Common use of PERIOD OF SERVICE Clause in Contracts

PERIOD OF SERVICE. The term “Period of Service” means the continuous period of the Participant’s Employment up to the Termination Date, and also includes any prior period of Employment separated by: (i) any break in Employment as a result of a leave of absence authorized by the Company or by law; and (ii) any break in Employment not authorized by the Company or by law lasting twelve (12) months or less.

Appears in 29 contracts

Samples: Performance Share Unit Agreement (Catalent, Inc.), Restricted Stock Unit Agreement (Catalent, Inc.), Option Agreement (Catalent, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!