Examples of Separation Benefit in a sentence
In the event that the employment of the Executive is terminated in connection with, or during the six (6) month period following, a Change of Control by the Company or its successors without Cause, or by Executive for Good Reason, the Company or its successor, as applicable, will pay to Executive the Separation benefit except that the Separation Benefit shall include twelve(12) months of the Base Salary in effect at the time of such termination.
Separation benefit" means the amount, if any, pursuant to section 59-1359, Idaho Code.
The Superintendent is entitled to the Separation benefit included as Appendix E to the APSA Memorandum of Understanding effective July 1, 2012.
The District clarifies that the Superintendent is entitled to the Separation benefit included as Appendix E to the APSA Memorandum of Understanding effective July 1, 2012.