Separation Program definition

Separation Program means the Air Products & Chemicals, Inc., Corporate Executive Committee Separation Program, as amended as of December 1, 2013.

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Separation Program means a special program offering financial incentives that are introduced to meet downsizing or reorganizing objectives.

Separation Program means the Air Products & Chemicals, Inc., Corporate Executive Committee Separation Program, as amended as of October 1, 2022 (and, for the avoidance of doubt, for purposes of this Agreement, no amendment or termination of the Separation Program shall adversely impact Executive’s benefits or rights under this Agreement).

Examples of Separation Program in a sentence

• Executive Separation Program (the “Program”) and the Administrator of the Program determines you are entitled to the benefits of the Program, your outstanding Awards under this Agreement shall be treated in accordance with the Program.

• Executive Separation Program (the “Program”) determines that you are eligible for the benefits of the Program, Cause shall have the meaning set forth in the Program.

• In the event of your Termination of Employment by your Employer other than for Cause, by you for Good Reason or Retirement, or through participation in the Officer Separation Program component of the Executive Severance Plan of Tyson Foods, Inc.

• At the conclusion of the Special Assignment Period, you will separate from employment with the Company and you will be eligible for separation benefits pursuant to the Company's Involuntary Separation Program ("ISEP") or its equivalent as then in effect, subject to any applicable release requirements.

• A teacher who applies for and receives pay from the Early Separation Program forfeits the right to return to full time employment in any capacity in USD 500.

More Definitions of Separation Program

Separation Program means the (i) Separation Benefits Plan, (ii) provisions described in this Brochure applicable to Merck’s options, RSUs and PSUs, and (iii) provisions described in this Brochure applicable to payment in lieu of AIP/EIP. A signed Separation Letter is not required for the benefits described in clause (ii).

Separation Program means the (i) Separation Benefits Plan, and (ii) provisions described in this Brochure applicable to (A) eligibility for retiree healthcare benefits for Separated Retirement Eligible Employees who are Retiree Healthcare Bridge Eligible, (B) deferred commencement of retiree healthcare benefits for Separated Retirement Eligible Employees who are Retiree Healthcare Eligible, (C) eligibility for the Rule of 85 Transition Benefit under the Retirement Plan (for those who are not eligible on their Separation Dates would have attained it within 2 years of their Separation Dates), and (D) payment in lieu of AIP/EIP.

Separation Program means the (i) Separation Pay applicable to Rebadged Employees under the Separation Benefits Plan, (ii) provisions described in this Brochure applicable to (A) eligibility for retiree medical benefits at subsidized rates for those who are Retiree Healthcare Bridge Eligible, (B) treatment under Merck’s options, RSUs and PSUs (i) as retired for those who are Pension Retirement Eligible, and (ii) as involuntarily terminated, and (C) payment in lieu of AIP/EIP. A signed Separation Letter is not required for the benefits described in clause ((B).

Separation Program means the (i) Separation Benefits Plan, and (ii) provisions described in this Brochure applicable to (A) eligibility for retiree medical benefits at subsidized rates for Separated Retirement Eligible Employees who are Retiree Healthcare Bridge Eligible, (B) deferred commencement of retiree medical benefits for Separated Retirement Eligible Employees who are Retiree Healthcare Eligible, and (C) payment in lieu of AIP/EIP.

Separation Program means the program referred to in Schedule 1 Part 2 (d) to this Agreement and as described in the Borrower’s Private Sector Policy Statement;

Separation Program means the (i) Separation Benefits Plan, and (ii) provisions described in this Brochure applicable to (A) eligibility for retiree healthcare benefits for Bridged Employees who are Retiree Healthcare Bridge Eligible, (B) Merck’s options, RSUs and PSUs, and (C) payment in lieu of AIP/EIP. A signed Separation Letter is not required for the benefits described in clause (ii)(B).

Separation Program means the (i) Separation Pay applicable to Rebadged Employees under the Separation Benefits Plan, (ii) provisions described in this Brochure applicable to (A) eligibility for retiree healthcare benefits for those who are Retiree Healthcare Bridge Eligible, (B) eligibility for the Pension Bridge for those who are Pension Bridge Eligible, (C) eligibility for the Rule of 85 Transition Benefit under the Retirement Plan for those who are Pension Retirement Eligible but not eligible for the benefit on their Separation Dates or Pension Bridge Eligible and, in each case, who would have attained it within two years of their Separation Dates (D) treatment under Merck’s options, RSUs and PSUs (i) as retired for those who are Pension Bridge Eligible, (ii) as retired for those who are