Employee Termination Date definition

Employee Termination Date has the meaning set forth in Section 4.9 hereof.
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Employee Termination Date means (a) with respect to any Employee based in England or Germany, the Closing Date; (b) with respect to any Employee based in France, the French Operative Date; or (c) with respect to any Employee based in the United States, the later of (i) June 15, 1998, or if applicable, (ii) the date upon which such employee has received a valid U.S. Visa from the U.S. Department of Justice naming Purchaser as the employer of such person.
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Employee Termination Date has the meaning set forth in Section 6.4(a).
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Examples of Employee Termination Date in a sentence

  • If so agreed, the parties agree that the transfer of employment of the Working Day Relevant Employees to the Purchaser or one of its Affiliates shall take effect on and from the day following the Working Day Employee Termination Date which applies to the relevant Working Day Relevant Employee.

  • The Purchaser acknowledges that it will be responsible for the total amount actually paid by the Seller or its Affiliate for compensation and benefits, including any withholding taxes and payroll taxes paid by the Seller’s Group, to or in respect of the Working Day Relevant Employees in relation to their ordinary course of employment for the period on and from the Effective Time to (and including) the Working Day Employee Termination Date which applies to the relevant Working Day Relevant Employee.

  • Subject to Section 4.2 and to any resolution passed by the Board providing otherwise, all Options held by an officer or employee of the Corporation or any Subsidiary (an “Employee Optionee”) shall expire and terminate, and any such Employee Optionee shall cease to be an Eligible Person, immediately upon the Employee Termination Date for such Employee Optionee or the date of such Employee Optionee’s death, Disability or Retirement.

  • Employee agrees that, for a period of 12 months after the Employee Termination Date, neither Employee nor any Employee Controlled Entity, shall engage in any Competitive Activity.

  • As these trees are close to roads and houses, removing the ivyis paramount.

  • The noncompetition covenant set forth in Section 1(b) above shall not apply where Employee's employment is terminated by the Company without Cause (as hereinafter defined) or where the Employee has been Constructively Terminated (as hereinafter defined), unless, (i) on or before 10 Business Days following the Employee Termination Date, the board of directors of the Company or OptiMark Holdings, Inc.

  • Effective as of the Employee Termination Date, all Stock Option Agreements, if any, between Vision 21 and any Employees or any professional employees of the Practice shall be deemed to be terminated except that any stock options which are fully vested as of the Employee Termination Date may be exercised within ninety days after the Employee Termination Date, in accordance with the terms of the applicable Stock Option Agreement.

  • Subject to the Transition Services Agreement, except for claims incurred under the Assumed Union Benefit Plans and except as provided in Section 5.2(f) above, claims incurred under the Seller’s group health plans on or prior to, as applicable, the Closing Date or the Leased Employee Termination Date as related to the type of Employee (union vs.

  • The Purchaser Benefit Plans shall be liable for any and all claims for benefits by the Hired Employees upon hiring of such Leased Employees by the Purchaser (or any dependent or beneficiary thereof) for covered expenses incurred on and after the Leased Employee Termination Date, except as provided in Section 5.2(f) above.

  • Within five (5) business days after the Outside Employee Termination Date, the Escrow Agent shall terminate the Escrow Benefits Fund and deliver to Sellers' Agent (after taking into account all disbursement obligations pursuant to written instructions of Buyer received by the Escrow Agent on or prior to the Outside Employee Termination Date) any remaining balance therein.


More Definitions of Employee Termination Date

Employee Termination Date means the earlier of the Date of Retirement or the date that Employee ceases to be employed by Employer other than as a result of his retirement.
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Related to Employee Termination Date

  • Employment Termination Date means the date as of which the Executive incurs a Termination of Employment determined in accordance with the provisions of Section 5.2.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Initial Termination Date shall have the meaning set forth in Section 7.1(b).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Scheduled Termination Date means the date which is 364 days after the date of this Agreement or such later date specified by the Standby Redraw Facility Provider pursuant to clause 2.3.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Accrual Termination Date Not applicable.

  • Escrow Termination Date has the meaning set forth in Section 11.7.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Event Termination Date See Section 2(e) hereof.

  • Lease Termination Date means the last day of the Lease Term.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Employment Termination means the effective date of: (i) Executive’s voluntary termination of employment with the Company with Good Reason, or (ii) the termination of Executive’s employment by the Company without Good Cause.

  • Post-Employment Period means the eighteen month period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary or against public policy, such covenant shall be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, shall be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive shall, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identify of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

  • Loan Termination Date means each day on which a deposit is made into the Collateral Account in respect of Terminated Loans.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.