Extraordinary Termination definition

Extraordinary Termination means a termination of the ------------------------- Grantee's employment with the Company and the Subsidiaries by reason of the Grantee's death, Disability or Retirement.

Extraordinary Termination means a termination of a Participant's employment with the Company and the Subsidiaries by reason of the Participant's death, Permanent Disability or Retirement.

Extraordinary Termination means (i) termination by the Company of the employment of Executive with the Company for any reason other than as set forth in Section 8 hereof, within three years after a Control Transaction, or (ii) resignation of Executive upon the occurrence of any of the following events within two years after a Control Transaction:

Examples of Extraordinary Termination in a sentence

• Extraordinary Termination This Agreement shall terminate forthwith in the event of an order being made or resolution passed for the winding up, dissolution, liquidation or bankruptcy of either party (otherwise than for the purpose of reconstruction or amalgamation) or if a receiver is appointed, or if it suspends payment, ceases to carry on business or makes any special arrangement or composition with its creditors.

• Unless otherwise determined by the Committee, during a Performance Period, an Award shall be payable under this Plan to the Participant who incurs an Extraordinary Termination of Employment or a Termination of Employment by the Company without cause, which shall be adjusted, pro rata, for the period of time during the year the Participant actually worked.

• Notwithstanding the termination of this Agreement by reason of Employee's disability under Section 8.1, for cause under Section 8.3 or upon an Extraordinary Termination of Employment under Section 9, his obligations under Sections 3, 4, 5 and 6 hereof shall survive and remain in full force and effect indefinitely, or for such shorter period therein provided, and the provisions for equitable relief against Employee in Section 7 hereof shall likewise continue in force.

• In the event of an Extraordinary Termination during the Agreement Term, as defined in Section 9.1(b), the following provisions shall apply.

• In individual cases, the supervisory board of the General Partner with regard to Options of the members of the management board of the General Partner and the General Partner with respect to Options of the other Participants, can waive or amend the provisions according to Clause 12.1 (Leaving on Age Grounds) to Clause 12.4 (Extraordinary Termination).

• Unless otherwise provided by the Committee, a Participant who incurs a Termination of Employment other than an Extraordinary Termination of employment or a Termination of Employment by the Company with Cause prior to the end of the Performance Period shall not be entitled to any Award under the Performance Period.

• In the event of an Extraordinary Termination of Employment or a Termination of Employment by the Company without Cause during a Performance Period, the Participant shall receive a prorated payout with respect to the Performance Shares relating to such Performance Period.

• Extraordinary Termination shall have the meaning given to such term in Section 6.02(e).

• Any Options held by the Participant that are not exercisable at the date of the Extraordinary Termination shall terminate and be cancelled immediately upon such Extraordinary Termination, and any Options or Stock Appreciation Rights described in the preceding sentence that are not exercised within the period described in such sentence shall terminate and be cancelled upon the expiration of such period.

• Any Options held by the Participant that are not exercisable at the date of the Extraordinary Termination shall terminate and be cancelled immediately upon such Extraordinary Termination, and any Options described in the preceding sentence that are not exercised within the period described in such sentence shall terminate and be cancelled upon the expiration of such period.

More Definitions of Extraordinary Termination

Extraordinary Termination means a termination of this Agreement for reasons other than on the Expiry Date;

Extraordinary Termination means, unless otherwise provided in the Option Agreement, a termination of a Participant's employment with a member of the CDRJ Group by reason of the Participant's death, Disability or Retirement.

Extraordinary Termination means a termination of a Participant’s employment with the Company and the Subsidiaries by reason of the Participant’s death, Permanent Disability or Retirement.

Extraordinary Termination means a termination of this Concession Agreement other than on the Expiry Date in accordance with Article 18 (3);

Extraordinary Termination means a termination of the ------------------------- Grantee's employment with the CDRJ Group by reason of the Grantee's death, Disability or Retirement, by the CDRJ Group other than for Cause or by the Grantee for Good Reason.