Common use of Termination of Employment Relationship Clause in Contracts

Termination of Employment Relationship. Apache and Employee have agreed to the following terms and conditions concerning Employee’s resignation from Apache. Employee’s last day of work for Apache was October 9, 2014 (“Resignation Date”). Apache and Employee both agree that Employee will “separate from service” (for purposes of section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)) on October 9, 2014.

Appears in 1 contract

Samples: Employee Resignation Agreement (Apache Corp)

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Termination of Employment Relationship. Apache and Employee have agreed to the following terms and conditions concerning that Employee’s resignation from Apache. Employee’s last day of work for employment relationship with Apache was October 9will terminate on August 31, 2014 (the Resignation Termination Date”). Apache and Employee both agree that Employee will “separate from service” (for purposes of section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)) on October 9August 31, 2014.

Appears in 1 contract

Samples: Employee Release and Settlement Agreement (Apache Corp)

Termination of Employment Relationship. Apache and Employee have agreed to the following terms and conditions concerning that Employee’s resignation from Apache. Employee’s last day of work for employment relationship with Apache was October 9will terminate on November 30, 2014 2015 (the Resignation Termination Date”). Apache and Employee both agree that Employee will “separate from service” (for purposes of section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)) on October 9November 30, 20142015.

Appears in 1 contract

Samples: Employee Release and Settlement Agreement (Apache Corp)

Termination of Employment Relationship. Apache and Employee have agreed to the following terms and conditions concerning that Employee’s resignation from Apache. Employee’s last day of work for employment relationship with Apache was October 9will terminate on June 30, 2014 2015 (the Resignation Termination Date”). Apache and Employee both agree that Employee will “separate from service” (for purposes of section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)) on October 9June 30, 20142015.

Appears in 1 contract

Samples: Settlement Agreement (Apache Corp)

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Termination of Employment Relationship. Apache and Employee have agreed to the following terms and conditions concerning that Employee’s resignation from Apache. Employee’s last day of work for employment relationship with Apache was October 9will terminate on March 31, 2014 (the Resignation Termination Date”)): Termination Pay: Apache will pay Employee the following as soon as reasonably practical following the Termination Date: • Employee’s regular monthly salary and his 2013 bonus of $990,000, through the Termination Date. Apache Such amounts shall be subject to all lawful deductions and Employee both agree that Employee will “separate from service” (withholding for purposes of section 409A of the Internal Revenue taxes and any delay in payment required by Tax Code of 1986, as amended (the “Code”)) on October 9, 2014.409A.

Appears in 1 contract

Samples: Employee Release and Settlement Agreement (Apache Corp)

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