Examples of Separates from Service in a sentence
The Deemed Includible Compensation shall continue until the last day of the fifth Taxable Year which begins after the Employee Separates from Service.
The first month in which a former Employee has Deemed Includible Compensation is the month after the Employee Separates from Service.
For purposes of an Award subject to Section 409A of the Code, Good Reason shall exist only if (i) the Participant notifies the Company of the event establishing Good Reason within 90 days of its initial existence, (ii) the Company is provided 30 days to cure such event and (iii) the Participant Separates from Service with the Company (or its successor) within 180 days of the initial occurrence of the event.
Other than as provided in the preceding sentences, if a Participant Separates from Service, his or her rights to all non- vested SARs shall cease immediately.
Payment of benefits for Participants actively employed beyond age 70½ will begin no later than the first January following the calendar year in which the Participant Separates from Service.