Separation definition

Separation shall have the meaning set forth in the Recitals.

Separation means a “separation from service,” as defined in the regulations under Section 409A of the Code.

Separation has the meaning set forth in the Separation Agreement.

Examples of Separation in a sentence

• If the payment of any such amounts is delayed as a result of the previous sentence, then on the first day of the seventh month following the date of Separation from Service (or such earlier date upon which such amount can be paid under Section 409A without resulting in a prohibited distribution, including as a result of the Executive’s death), the Company shall pay the Executive a lump-sum amount equal to the cumulative amount that would have otherwise been payable to the Executive during such period.

• However, the vested rights of the Employee as of his Separation from Service, including the Accrued Benefits shall not be affected.

• Any payments under this Agreement that may be excluded from Section 409A either as separation pay due to an involuntary Separation from Service or as a short-term deferral will be excluded from Section 409A to the maximum extent possible.

• The Company may, by written notice to the Employee, immediately terminate his employment at any time, resulting in a Separation from Service, for Just Cause.

• The Company will then have thirty (30) days following receipt of such notice to fully correct and cure the basis for the Separation from Service.

More Definitions of Separation

Separation has the meaning set forth in the recitals to this Agreement.

Separation has the meaning set forth in the recitals.

Separation means a “separation from service” as defined in the regulations under Code Section 409A.

Separation has the meaning set forth in the Separation and Distribution Agreement.

Separation means (a) the Internal Transactions, (b) any actions to be taken pursuant to Article II and (c) any other transfers of Assets and assumptions of Liabilities, in each case, between a member of one Group and a member of the other Group, provided for in this Agreement or in any Ancillary Agreement.

Separation means separating wastes into different material types, components and grades.

Separation has the meaning assigned to such term in the Recitals hereto.