Common use of Termination of Employment to Constitute a Separation from Service Clause in Contracts

Termination of Employment to Constitute a Separation from Service. The parties intend that the phrase “termination of employment” and words and phrases of similar import mean a “separation from service” with DDR within the meaning of Section 409A. Executive and DDR will take all steps necessary (including taking into account this Section 13.5 when considering any further agreement regarding provision of services by Executive to DDR after the Termination Date) to ensure that (a) any termination of employment under this Agreement constitutes a “separation from service” within the meaning of Section 409A, and (b) the Termination Date is the date on which Executive experiences a “separation from service” within the meaning of Section 409A.

Appears in 10 contracts

Samples: Employment Agreement (DDR Corp), Employment Agreement (DDR Corp), Employment Agreement (DDR Corp)

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Termination of Employment to Constitute a Separation from Service. The parties intend that the phrase “termination of employment” and words and phrases of similar import mean a “separation from service” with DDR the Company within the meaning of Section 409A. The Executive and DDR the Company will take all steps necessary (including taking into account this Section 13.5 B.5 when considering any further agreement regarding provision of services by the Executive to DDR the Company after the Termination Date) to ensure that (a) any termination of employment under this Employment Agreement constitutes a “separation from service” within the meaning of Section 409A, and (b) the Termination Date is the date on which the Executive experiences a “separation from service” within the meaning of Section 409A.

Appears in 10 contracts

Samples: Employment Agreement (Developers Diversified Realty Corp), Employment Agreement (Developers Diversified Realty Corp), Employment Agreement (Developers Diversified Realty Corp)

Termination of Employment to Constitute a Separation from Service. The parties intend that the phrase “termination of employment” and words and phrases of similar import mean a “separation from service” with DDR within the meaning of Section 409A. Executive and DDR will take all steps necessary (including taking into account this Section 13.5 13.4 when considering any further agreement regarding provision of services by Executive to DDR after the Termination Date) to ensure that (a) any termination of employment under this Agreement constitutes a “separation from service” within the meaning of Section 409A, and (b) the Termination Date is the date on which Executive experiences a “separation from service” within the meaning of Section 409A.

Appears in 3 contracts

Samples: Employment Agreement (DDR Corp), Employment Agreement (DDR Corp), Employment Agreement (DDR Corp)

Termination of Employment to Constitute a Separation from Service. The parties intend that the phrase “termination of employment” and words and phrases of similar import mean a “separation from service” with DDR within the meaning of Section 409A. Executive 000X. Xxxxxxx and DDR will take all steps necessary (including taking into account this Section 13.5 14.5 when considering any further agreement regarding provision of services by Executive Xxxxxxx to DDR after the Termination Date) to ensure that (a) any termination of employment under this Agreement constitutes a “separation from service” within the meaning of Section 409A, and (b) the Termination Date is the date on which Executive Xxxxxxx experiences a “separation from service” within the meaning of Section 409A.

Appears in 1 contract

Samples: Employment Agreement (Developers Diversified Realty Corp)

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Termination of Employment to Constitute a Separation from Service. The parties intend that the phrase “termination of employment” and words and phrases of similar import mean a “separation from service” with DDR within the meaning of Section 409A. Executive 000X. Xxxxxxx and DDR will take all steps necessary (including taking into account this Section 13.5 when considering any further agreement regarding provision of services by Executive Xxxxxxx to DDR after the Termination Date) to ensure that (a) any termination of employment under this Agreement constitutes a “separation from service” within the meaning of Section 409A, and (b) the Termination Date is the date on which Executive Xxxxxxx experiences a “separation from service” within the meaning of Section 409A.

Appears in 1 contract

Samples: Employment Agreement (Developers Diversified Realty Corp)

Termination of Employment to Constitute a Separation from Service. The parties intend that the phrase “termination of employment” and words and phrases of similar import mean a “separation from service” with DDR within the meaning of Section 409A. Executive and DDR will take all steps necessary (including taking into account this Section 13.5 14.4 when considering any further agreement regarding provision of services by Executive to DDR after the Termination Date) to ensure that (a) any termination of employment under this Agreement constitutes a “separation from service” within the meaning of Section 409A, and (b) the Termination Date is the date on which Executive experiences a “separation from service” within the meaning of Section 409A.

Appears in 1 contract

Samples: Employment Agreement (DDR Corp)

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