Common use of Separation of Service Clause in Contracts

Separation of Service. For the purposes of this Agreement, the term “termination” means a termination of employment that meets the definition of “separation of service” as defined in Section 409A of the Internal Revenue Code and regulations promulgated thereunder.

Appears in 6 contracts

Samples: Employment Agreement (Umpqua Holdings Corp), Employment Agreement (Umpqua Holdings Corp), Employment Agreement (Umpqua Holdings Corp)

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Separation of Service. For the purposes of this Agreement, the term “termination” or “resignation” means a termination of employment that meets the definition of “separation of service” as defined in Section 409A of the Internal Revenue Code and regulations promulgated thereunder.

Appears in 1 contract

Samples: Employment Agreement (Umpqua Holdings Corp)

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