Period of Separation definition

Period of Separation means, for an Employee, the period of time commencing with the date such Employee separates from service with the Companies and ending with the date such Employee resumes his employment with the Companies.

Period of Separation means a period of time commencing with the date a person separates from service with the Group and ending with the date that person resumes employment with the Group.

Period of Separation means a period of time beginning on an Employee's Separation Date and ending on the date, if any, on which he again performs an Hour of Service with an Employer or with any Related Company that has not adopted the Plan.

Examples of Period of Separation in a sentence

• In the case of any Participant whose Period of Separation is at least five (5) years, all service after such Period of Severance shall be disregarded for the purpose of vesting the Company Contributions Account balance that accrued before such Period of Severance.

• A Participant or Eligible Employee who is rehired as an Eligible Employee after a Period of Separation becomes an active Participant by filing with the Administrator a Pre-Tax Contribution Election or After-Tax Contribution Election.

• A Period of Service for these purposes includes a Period of Separation of less than 12 consecutive months.

• One-Year Period of Separation means a 12-consecutive-month period beginning on the date an Employee incurs a Separation from Service and ending on each anniversary of such date, provided that the Employee does not perform an Hour of Service (as defined in section 3.2(e)(1))for the Company or an Affiliate during such period.

• The amount of the repayment will be based on the number of days between the participant’s separation date and the date of reemployment (“Period of Separation”), and will be an amount equal to the difference between (i) the Severance Payment received; and (ii) that portion of the Severance Payment that is calculated based on the Period of Separation.

More Definitions of Period of Separation

Period of Separation means a period of time commencing with the date an Employee separates from Service and ending with the date such Employee resumes employment with the Employer.

Period of Separation means a continuous period of time when the -------------------- Employee is not employed by the Company or an Affiliate. A Period of Separation begins on the date an Employee retires, dies, separates from service due to Disability, quits or is discharged, or, if earlier, on the 12-month anniversary of the date the Employee was otherwise first absent from service. Notwithstanding the foregoing, a Period of Separation does not begin if the Employee is:

Period of Separation means a period of time commencing with the date an Employee separates from service with the Employer and ending with the date such Employee resumes employment with the Employer.

Period of Separation means the period of time commencing with the date an Employee incurs a Break in Employment and ending with his Reemployment Date.

Period of Separation means, for an Employee, the period of -------------------- time commencing with the date such Employee separates from service with the Group and ending with the date such Employee resumes his employment with the Group.

Period of Separation means the period of time commencing with the date an Employee incurs a Break in Employment and ending with the date such Employee is first credited with an Day of Service by the Employer or an Affiliated Employer.

Period of Separation means a period commencing on an Associate’s Severance from Employment Date and ending on the date on which an Associate again performs an Hour of Service.