Separation Pay Plan definition

Separation Pay Plan means the Separation Pay Plan of The McGraw-Hill Companies, Inc., as amended from time to time (or any successor plan).

Separation Pay Plan means the J. C. Penney Corporation, Inc. Separation Pay Plan, as such plan may be amended from time to time, and any successor plan or program that replaces the plan.

Separation Pay Plan means any plan that provides for Separation Pay, including the portion of any plan that provides for Separation Pay, under Treas. Reg. §§1.409A-1(m). The Employer in its Adoption Agreement will elect whether this Plan is a Separation Pay Plan and will elect whether the plan pays benefits in the event of Involuntary Separation from Service, Voluntary Separation from Service, pursuant to a Window Program or a combination thereof.

Examples of Separation Pay Plan in a sentence

• To avoid duplicate payments, if you are eligible to receive severance under this Agreement, you hereby waive any payments under the X.X. Xxxxxxxxx & Sons Company Separation Pay Plan.

• If, upon ultimate Separation from Service, the separation pay for which you would be eligible under the X.X. Xxxxxxxxx & Sons Company Separation Pay Plan applicable to employees generally, if any, would be greater than the separation pay payable under to this Agreement, then your Severance Pay shall be increased to correspond to the pay you would have been eligible for under such Plan.

• Except as expressly provided in Article V of the Plan with respect to the Company’s Separation Pay Plan, (i) nothing in the Plan shall affect the level of benefits provided to or received by any Participant (or the Participant’s estate or Beneficiaries) as part of any employee benefit plan of the Company, and (ii) the Plan shall not be construed to affect in any way the Participant’s rights and obligations under any other plan maintained by the Company on behalf of employees.

• The benefits provided for herein are intended to be in lieu of, and not in addition to, other separation pay benefits to which the Executive might be entitled, including those under the Corporation’s Separation Pay Plan, or any successor plan or program offered by the Corporation, which the Executive hereby waives.

• This Severance Pay constitutes “Separation Pay” under the terms of the X.X. Xxxxxxxxx & Sons Company Separation Pay Plan (“SPP”) and all provisions of the SPP shall apply thereto and no other amount shall be payable under the SPP; provided, however, that nothing in this sentence is intended to limit your rights to any other payments or benefits to which you are otherwise entitled under this Agreement or applicable law.

• If, upon ultimate termination of employment, the separation pay for which you would be eligible under the X.X. Xxxxxxxxx & Sons Company Separation Pay Plan applicable to employees generally, if any, would be greater than the separation pay payable under to this Agreement, then your Severance Pay shall be increased to correspond to the pay you would have been eligible for under such Plan.

• Economic growth usually attracts urbanization, and in that respect, Perú is no different to other middle-income countries in the world.

• Effective July 1, 2016, (A) LSC Communications US, LLC established the LSC Separation Pay Plan and is solely responsible for any severance Liabilities to any LSC Employee whose employment terminates on or after July 1, 2016 and (B) Donnelley Financial, LLC established the Donnelley Financial Separation Pay Plan and is solely responsible for any severance Liabilities relating to any Donnelley Financial Employee whose employment terminates on or after July 1, 2016.

• For the certified employee beginning employment after January 1, 2000, the Section 1(a) Severance Plan shall replace this Separation Pay Plan.

• Any previous discussions, agreements, commitments, or understandings between the parties hereto or between Executive and NBTB, NBT Bank, or any of their affiliates, whether oral or written, regarding the subject matter hereof, including without limitation the terms and conditions of employment, compensation, benefits, retirement, competition following employment, and the like (including the NBTB Enhanced Separation Pay Plan), are superseded by this Agreement.

More Definitions of Separation Pay Plan

Separation Pay Plan means the X. X. Xxxxxx Corporation, Inc. Separation Pay Plan as such plan may be amended from time to time, including any successor plan or program that replaces the Separation Pay Plan.

Separation Pay Plan has the meaning ascribed to such term in Treas. Reg. §1.409A-1(m).

Separation Pay Plan means the Separation Pay Plan of S&P Global Inc., as amended from time to time (or any successor plan).

Separation Pay Plan means the Transamerica Separation Pay Plan as in ------------------- effect on March 31, 2000. "Statement of Net Assets (Excluding Equipment)" has the meaning set --------------------------------------------- forth in Section 2.8(a).

Separation Pay Plan means the Transamerica Separation Pay Plan as in effect on June 30, 2000.