Employee Termination Event definition

Employee Termination Event means the Termination of Employment of the Employee (including a decision to retire if eligible under The 1984 Retirement Plan for Salaried Employees of The Timken Company, or any successor plan (the “Retirement Plan”)) by the Employee in any of the following events:
Sample 1Sample 2Sample 3
Employee Termination Event means termination by Employee, as a consequence of any of the following events, if such event occurs without Employee's prior consent:
Sample 1Sample 2Sample 3
Employee Termination Event means the Termination of Employment of the Employee (including a decision to retire under the requirements provided by French law and the applicable collective bargaining agreement if eligible) by the Employee in any of the following events:
Sample 1Sample 2

Examples of Employee Termination Event in a sentence

  • If Employee terminates his employment as a result of the Employee Termination Event defined in Section 8(ii)(g) below, then the second installment of the signing bonus (if it has not already been paid) shall be due and payable to the Employee within ten (10) days following the effective date of such termination.

  • If Employee voluntarily terminates his employment with the Parent or the Company (other than upon an Employee Termination Event) or is terminated for Cause (as defined in Section 8 of this Agreement) within one year of the Effective Date, Employee agrees to repay promptly such signing bonus to the Parent.

  • If Employee voluntarily terminates his employment with the Parent or the Company (other than upon an Employee Termination Event) or is terminated for Cause within the second year following the Effective Date, Employee agrees to repay promptly one-half of the signing bonus.

  • Employee acknowledges that if the Company fails to fulfill any of its obligations under this Section 3, Employee’s only recourse is to cause such failure to be considered an Employee Termination Event if the breach is considered a material breach of this Agreement.

  • Mr Durance was concerned about the outcome of the pending prosecution against him in respect of alleged violence against Ms Hayward and was determined that he would not be imprisoned for it.


More Definitions of Employee Termination Event

Employee Termination Event means the Termination of Employment of the Employee (including retirement) by the Employee in any of the following events:
Sample 1Sample 2
Employee Termination Event has the meaning specified in Section 8.6(i).
Sample 1
Employee Termination Event means (A) the closing of a Sale of the Company, (B) immediately upon the occurrence of any of the events in Section 9.2, (C) the termination of a Key Seller’s employment with the Company and its Subsidiaries (i) by the Company or any of its Subsidiaries other than for Cause, (ii) by such Key Seller voluntarily for Good Reason, or (iii) due to death or Disability of such Key Seller, or (D) the closing of a Sale of the Purchaser.
Sample 1
Employee Termination Event means (A) immediately upon the occurrence of any of the events in Section 9.2, or (B) the termination of a Rollover Equityholder’s (or for purposes of this definition, with respect to the Xxxxxx Trust, Xxxxxxx Xxxxxx’x) employment with the Company or its Subsidiaries or with Parent or its Affiliates (i) by the Company or any of its Subsidiaries or by Parent or any of its Affiliates other than for Cause, or (ii) by such Rollover Equityholder voluntarily for Good Reason, or (iii) due to an Incapacity or Disability of the Rollover Equityholder that commences at any time on or after December 31, 2023.
Sample 1

Related to Employee Termination Event

  • Company Termination Event means any of the following:

  • ERISA Termination Event means (i) a “Reportable Event” described in Section 4043 of ERISA and the regulations issued thereunder (other than a “Reportable Event” not subject to the provision for 30-day notice to the PBGC under such regulations), or (ii) the withdrawal of a Borrower or any of its ERISA Affiliates from a “single employer” Plan during a plan year in which it was a “substantial employer”, both of such terms as defined in Section 4001(a) of ERISA, or (iii) the filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under Section 4041 of ERISA, or (iv) the institution of proceedings to terminate a Plan by the PBGC or (v) any other event or condition which might constitute grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan or (vi) the partial or complete withdrawal of a Borrower or any ERISA Affiliate of such Borrower from a “multiemployer plan” as defined in Section 4001(a) of ERISA.

  • Potential Termination Event means an event which but for the lapse of time or the giving of notice, or both, would constitute a Termination Event.

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

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

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

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

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Consultation Termination Event shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

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

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • 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.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Swap Termination Event means the occurrence of a “Termination Event” under the Swap Agreement, as defined in the Swap Agreement.]

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

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Agreement Termination Date is defined in Section 7.4.

  • 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.

  • Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Unmatured Termination Event means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event.

  • Termination Upon a Change in Control means a termination of Officer’s employment with Corporation within 12 months following a “Change in Control” that constitutes a Termination Other Than For Cause described in Section 2.1(b).

  • Series Termination Date means, with respect to any Series of Notes, the date specified as such in the applicable Series Supplement.

  • Share Termination Settled” in relation to the Transaction means that Share Termination Alternative is applicable to the Transaction.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.