Separation from Employment definition

Separation from Employment means a discontinuance of the Participant's employment relationship with the Company and its Affiliates due to Retirement, Disability, death, or other termination of employment (voluntary or involuntary). For purposes of this provision, the employment relationship with the Company and its Affiliates of a Participant entitled to accrued vacation time and/or severance pay after he ceases to perform services for the Company and its Affiliates shall be deemed to terminate upon the date his accrued vacation time, if any, expires, or if the Participant is entitled to severance pay, then upon the last date on which the Participant is entitled to receive payment of such severance pay from the Company or any Affiliate. The fact that an Employee who is a Participant ceases to elect to have any Tax-Deferred Contributions credited to his Account under the Plan shall not constitute a Separation from Employment, and a Participant's absence from active employment due to military service or Leave of Absence shall not constitute a Separation from Employment.

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Separation from Employment. “termination,” or like terms shall mean “Separation from Service” (excluding death).

Separation from Employment. Your last day of employment with the Company was April 17, 2024 (the “Separation Date”). You will remain a member of the Company’s Board of Directors as a Class I director.

Examples of Separation from Employment in a sentence

Such notice shall be no less than the greater of (a) the notice period applicable to the Participant’s employee level as specified in the Company’s Separation from Employment Policy as it exists at the time the Participant provides such notice or (b) the period specified in any other written agreement between the Participant and the Company.
In no event shall the Option be exercisable after the Option Period, and the Option may expire earlier as set forth in Section 7(b) ("Separation from Employment").
Upon Separation from Employment Due to Retirement or Death Each person who is employed by the District and who subsequently terminates employment due to retirement or death may personally, or through his or her estate in the event of death, elect to convert all eligible, accumulated, unused illness or injury leave days to monetary compensation pursuant to RCW 28A.400.210.
Separation from Employment by the Executive for Good Reason, by the Company Without Cause, or Upon the Death or Disability of the Executive.
Such notice shall be no less than the greater of (a) the notice period applicable to the Recipient’s employee level as specified in the Company’s Separation from Employment Policy as it exists at the time the Recipient provides such notice or (b) the period specified in any other written agreement between the Recipient and the Company.

More Definitions of Separation from Employment

Separation from Employment. We agreed that your last day worked was February 11, 2005. Your status as an employee of the company ended on that date. Because you had reached age 55 with more than 10 years of service with the company as of your termination, your separation is considered a “retirement” for purposes of certain employee benefits, as explained in the following paragraphs.

Separation from Employment means a discontinuance of the Participant's employment relationship with the Company and its Affiliates due to retirement at or after Retirement Age, Disability, death, layoff, or other termination of employment (voluntary or

Separation from Employment means retirement, or termination of employment, pursuant to local policy.

Separation from Employment means the date when the Employee ceases to (a) render services to the City in exchange for remuneration, and (b) be eligible to contribute to one the City’s retirement or pension plans, excluding the Pension Savings Plan, without regard to any

Separation from Employment means a discontinuance of the Participant’s employment relationship with the Company and its Affiliates due to Retirement, Disability, death, or other termination of employment (voluntary or involuntary). For purposes of this provision, the employment relationship with the Company and its Affiliates of a Participant entitled to earned vacation time after he ceases to perform services for the Company and its Affiliates shall be deemed to terminate upon the date his earned vacation time, if any, expires. The fact that an Employee who is a Participant ceases to elect to have any Tax-Deferred Contributions credited to his Account under the Plan shall not constitute a Separation from Employment, and a Participant’s absence from active employment due to military service or Leave of Absence shall not constitute a Separation from Employment.

Separation from Employment means any event in which an

Separation from Employment. As we have discussed, commencing on April 1, 2008 your employment with the Company will be on a part-time basis (the "Part-Time Employment Period"), and your employment will terminate on May 1, 2008 (the "Separation Date"). On or near the Separation Date, you will be paid all outstanding salary amounts and any accrued, but unused, vacation time in accordance with the Company's regular payroll practices. You explicitly agree that any payments due on May 1, 2008 may be deferred to the Company's next regular payroll cycle. You also will be eligible to convert your medical insurance coverage under COBRA, and will receive information from our plan administrator describing this conversion election. If you seek reimbursement of any business expenses, you agree to submit your final expense reimbursement within a reasonable period after incurring the expenses, along with receipts or other supporting documentation. The Company will reimburse valid business expenses in accordance with its standard expense reimbursement policies. Except for the separation terms proposed in this letter agreement (the "Agreement"), you will not be entitled to any compensation, benefits or other perquisites of employment after the Separation Date.