Date of Termination of Employment definition

Date of Termination of Employment means (i) if Employee’s employment with the Company is terminated by his death, the date of Employee’s death, or (ii) if Employee’s employment with the Company is terminated for any reason whatsoever other than Employee’s death, the earlier of the date indicated in the Notice of Termination of Employment or the date specified by the Company pursuant to Section 7.02.

Date of Termination of Employment means, with respect to an Employee who is terminating employment with the Corporation, (i) the last day such Employee performs actual services for the Corporation as an Employee, (ii) the 91st day of a bona fide leave of absence when such Employee's right to continue employment with the Corporation is not guaranteed by law or contract or, if later, on the date that such legal or contractual guarantee lapses, (iii) the date that such Employee is deemed to have a Disability, or (iv) the date of such Employee's death, as applicable.

Date of Termination of Employment means the date upon which a Participant is no longer employed by, or ceases to hold salaried office in, any Employer Company; provided that, where a Participant's employment is terminated without notice or on terms in lieu of notice, the Date of Termination of Employment shall be deemed to occur on the date on which the termination takes effect, and where such employment is terminated with notice, the Date of Termination of Employment shall be deemed to occur upon the date on which that notice expires;

Examples of Date of Termination of Employment in a sentence

• A Notice of Termination of Employment submitted by the Company may provide for a Date of Termination of Employment on the date Employee receives the Notice of Termination of Employment, or any date thereafter elected by the Company in its sole discretion.

• Unless the Committee determines otherwise, any such outstanding Options will be forfeited on the expiration date of such Options or within three years after the Date of Termination of Employment, whichever period is shorter.

• Base Salary shall mean the highest annualized rate of Employee’s base compensation in effect at any time during the ninety (90) day period prior to the Date of Termination of Employment, and shall include all amounts of Employee’s base compensation that are reported as income, provided however, that Base Salary shall not include any bonus or any other payment contingent on performance.

• These transactions can be entered into for one or several of the following purposes: (i) risk reduction, (ii) cost reduction and (iii) achieving an increase in capital or earnings at a degree of risk that corresponds to the risk profile of the Fund and the provisions on risk diversification applicable to the Fund.

• During such period, the number of shares of Stock with respect to which this Option shall be exercisable shall not be determined in accordance with paragraph A.2(b) but shall be determined in accordance with the following formula: Shares Exercisable = [ Total Shares Covered by This Option X Days Elapsed From Date of Grant to Date of Termination of Employment* ] – Prior Exercises 1,095 * Not to exceed 1,095 days.

More Definitions of Date of Termination of Employment

Date of Termination of Employment means the date on which the cessation of permanent employment or office of a Participant with any Employer Company takes effect;

Date of Termination of Employment means the date when the Executive ceases to be in active employment with the Company, or the date when the Company instructs him to stop reporting to work;

Date of Termination of Employment means the date on which the cessation of permanent employment of a Participant with an Employer Company takes effect, which excludes, for the avoidance of doubt, circumstances where an Employee is to be transferred to another Group Entity where the Employee will again be permanently employed;

Date of Termination of Employment means, with respect to an Employee who is terminating employment with the Corporation, (i) the last day such Employee performs actual services for the Corporation as an Employee, (ii) the 91st day of a bona fide leave of absence when such Employee’s right to continue

Date of Termination of Employment means the date on which the permanent employment of a Participant terminates with any entity within the Group. Where a Participant’s employment is terminated without notice, the Date of Termination of Employment shall be deemed to occur on the date on which termination takes effect and, where such employment is terminated with notice, the Date of Termination of Employment shall be the date on which that notice is given. For the avoidance of doubt, the provision excludes circumstances where an Employee is to be transferred to a member of the Group where the Employee will again be permanently employed;

Date of Termination of Employment means the date upon which a Participant is no longer employed by, or ceases to hold salaried office in, any Employer Company; provided that:

Date of Termination of Employment means the date upon which a Participant ceases to be employed by the Company, provided that in the event of a resignation by a Participant, the date shall be the effective date of the resignation of the Participant as stated in his notice;