Rehire Date definition
Examples of Rehire Date in a sentence
Fahlman acknowledges and agrees that under the terms of any applicable Stock Option Plan or Stock Option Agreement, his “Service” (as defined therein) shall cease on the Resignation Date notwithstanding employment by the Company on or after the Rehire Date pursuant to this Agreement.
Example: Date of Hire January 1, 1990 Resignation Date March 1, 1999 Rehire Date June 1, 1999 Anniversary Date Becomes April 1, 1990 An employee who resigns/retires and is rehired more than one year after separation will be considered a new hire.
The post-retirement benefit plan liability under this Section 7(j) shall be determined as of the BCH Rehire Date using the actuarial methods and assumptions described in Schedule E and shall be subject to the actuarial reporting/dispute resolution mechanism in Sections 8.3 and 8.4.
Commencing on the Rehire Date, Fahlman agrees to perform any and all tasks requested by the Company to transition his duties to his successor(s) within the Company (the “Services”).
Fahlman further acknowledges and agrees that will not be granted any stock option grants or other Company equity after the Rehire Date.