Involuntary Termination Date definition

Involuntary Termination Date means Employee's last date of employment by reason of an Involuntary Termination.
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Involuntary Termination Date means the month, day and year in which Involuntary Termination of Employment occurs.
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Examples of Involuntary Termination Date in a sentence

  • The amount of the benefit under this Section 2.2 is the vested Accrual Balance, determined as of the Involuntary Termination Date in accordance with the schedule set forth in Section 2.2.2, and the Executive shall forfeit, for no consideration, the unvested Accrual Balance as of the Involuntary Termination Date and shall be entitled to no further benefits under this Agreement.

  • The Bank shall pay the benefit described in Section 2.2.1, if any, in a single lump-sum payment to the Executive sixty (60) days following the last day of the month in which the Involuntary Termination Date occurs.

  • The annual benefit under this Section 2.2 is the Involuntary Termination Benefit set forth on Schedule A for the Plan Year during which the Involuntary Termination Date occurs.

  • This notice will be effective 90 days after it is given unless the Parties mutually agree to accelerate this termination date ("Involuntary Termination Date).

  • Notwithstanding the foregoing vesting schedule, in the event of a Change of Control, prior to expiration of this option or any option substituted for that option in the Change of Control, and at a time when your Service has terminated for the Company, any unvested stock covered by this option shall become fully and immediately vested on your Involuntary Termination Date.

  • In addition, the unvested portion of any Equity Award will fully vest and GEO will provide Zoley and any of his covered dependents with the Executive Benefits beginning on the date that they are no longer entitled to the Fringe Benefits pursuant to the terms of the Separation Agreement until the ten (10) year anniversary of the Involuntary Termination Date.

  • Notwithstanding the foregoing vesting schedule, in the event of a Change of Control, prior to expiration of this option or any option substituted for this Option in the Change of Control, and at a time when your Service has terminated for the Company or its successor, any unvested stock covered by this option shall become fully and immediately vested on your Involuntary Termination Date.

  • In addition, Employee shall be paid within thirty (30) days of any Involuntary Termination an amount in cash equivalent to the accrued vacation and personal time of Employee through the Involuntary Termination Date plus any unpaid portion of any previously awarded annual bonus.

  • Said amount shall be paid in two installments: (i) the sum of the remainder of one (1) year's base salary within thirty (30) days of the Involuntary Termination Date; and (ii) the remaining sum of one (1) year's base salary twelve (12) months later.

  • With respect to PSUs, the performance period shall be deemed to end on the date of the termination of your employment (the "Involuntary Termination Date"), and you will receive shares of stock based on the Company's performance through the Involuntary Termination Date (i.e., at 100% target, you would receive the number of shares set forth for each award in Exhibit A).