Date of Separation definition

Date of Separation means the earlier of: (a) the date an Employee's employment with the Companies terminates by reason of a quit, discharge, retirement (including disability retirement) or death; or (b) the first anniversary of the first date of a period in which the Employee remains absent from active employment with the Companies for some reason other than a quit, discharge, retirement, death, approved leave of absence or military service.
Date of Separation means, with respect to a Participant, the date on which a Participant incurs a termination of employment.
Date of Separation means, with respect to a Participant, the date on which a Participant incurs a termination of employment that is a “separation from service” within the meaning of Section 409A of the Code.

Examples of Date of Separation in a sentence

  • If the Executive’s employment is terminated due to Disability, the Executive will receive the Executive’s Base Salary through the Date of Separation from Service, and the Executive’s benefits will be determined in accordance with the Company’s disability, retirement, survivor’s benefits, insurance and other applicable plans and programs then in effect.

  • In the event of a Separation from Service by the Corporation for Cause, all options, vested and unvested, shall terminate and be of no further force and effect as of Date of Separation from Service and neither any period of notice nor any payment in lieu thereof upon Separation from Service hereunder shall be considered as extending the period of employment for the purposes of vesting of options notwithstanding anything to the contrary in any other agreement between the Corporation and the Executive.

  • The Employment Period shall expire on the Date of Separation from Service.

  • The aggregate benefits accrued by the Executive as of the Date of Separation from Service under the FMC Corporation Salaried Employees’ Retirement Program, the FMC Corporation Savings and Investment Plan, the FMC Corporation Salaried Employees’ Equivalent Retirement Plan, the FMC Corporation Non-Qualified Savings and Investment Plan and other savings and retirement plans sponsored by the Company will be distributed pursuant to the terms of the applicable plan.

  • In the event of a Separation from Service other than by the Corporation for Cause, the Executive shall have the right to exercise any options which are vested as at the Date of Separation from Service for ninety (90) days following such date at which time such unexercised options will expire.


More Definitions of Date of Separation

Date of Separation means the date the married parents ceased to cohabit.
Date of Separation means Provider’s last day of physical operation at the Veterans Cemetery under this Contract.
Date of Separation means the date on which the individual was laid off or otherwise separated from employment, so as to make the individual a dislocated employee.
Date of Separation means, with respect to any Participant, the date on which the Participant separates from service with the Company.
Date of Separation means the last date of employment at the College.
Date of Separation means Operator’s last physical day of operation under this Agreement.
Date of Separation means (i) if the Corporation notifies the Participant that a Separation from Service has been incurred for disability, thirty (30) days after a Notice of Separation is given (provided that the Participant shall not have returned to the performance of duties on a full-time basis during such thirty (30) day period), (ii) if the Corporation terminates the Participant's employment by Summary Dismissal, the date on which a Notice of Separation is given, and (iii) if a Separation from Service occurs for any other reason, the date that the Separation from Service occurs.