Severance Eligible Termination means the executive's termination by the Company without cause or by the executive for good reason.
Severance Eligible Termination means a termination by the Company or its Affiliates of Recipient’s employment with or services to the Company and its Affiliates prior to a Change in Control if under the circumstances of such termination Recipient is eligible to participate in the Company’s then-standard severance plans.
Severance Eligible Termination means an involuntary Termination of Employment without Cause due to organizational changes and reduction in personnel implemented by the Employer through the elimination or modification of job function and reduction in headcount or such other involuntary Termination of Employment without Cause for which severance is payable by the Employer.
Examples of Severance Eligible Termination in a sentence
Although questionnaires yield general information rather than rich data it was felt that a small scale survey would yield an effective insight into the learner’s current position.
Section 4.7 Impact of Termination of Employment due to Severance Eligible Termination .
The Committee shall have the authority to determine which, if any, severance plans of the Company or its Affiliates apply toward the existence of a Severance Eligible Termination.
A Participant who has involuntarily terminated employment with the Company through a Severance Eligible Termination may be paid, at the discretion of the Committee, a prorated portion of the Award based upon the Participant’s period of service.
More Definitions of Severance Eligible Termination
Severance Eligible Termination means the executive’s termination of employment by the Company without cause or by the executive for good reason.
Severance Eligible Termination means the executive’s termination of employment by the Company (or the acquiring or surviving entity) without cause or by the executive for good reason. For purposes of a “Severance Eligible Termination” within six months preceding the change in control, “Severance Eligible Termination” means the executive’s termination of employment initiated by the Company or an affiliate in anticipation of the change in control and other than for cause, and in the case of PSUs granted to our NEOs in 2023, other than a separation from service due to death or disability.
Severance Eligible Termination means the executive’s termination by the Company without cause or by the executive for good reason. “Change of Control” means a change of control occurs without the executive’s termination.
Severance Eligible Termination means, with respect to a SpinCo Employee, a termination of employment by the Clover Group or the SpinCo Group without Cause or by the SpinCo Employee with Good Reason. SpinCo has the meaning specified in the preamble to this Agreement.
Severance Eligible Termination means the executive's termination by the Company without cause or by the executive for good reason. In order to avoid double counting, amounts reflected in the Severance Eligible Termination column are not reflected again in the Severance Eligible Termination and Change of Control within 12 Months column.
Severance Eligible Termination means (i) if you are covered under the Northern Trust Corporation Severance Plan, a covered termination where you have executed on or prior to your Termination Date, an effective settlement agreement, waiver and release, or (ii) if you are not covered under the Northern Trust Corporation Severance Plan, a covered termination pursuant to a redundancy/termination indemnity program established or otherwise contributed to by your Employer where you have executed on or prior to your Termination Date, but in effect as of your Termination Date, a settlement agreement and release.
Severance Eligible Termination means termination of employment under circumstances that entitle the Participant to severance benefits under the Northern Trust Corporation Severance Plan (the “Severance Plan”), and the Participant has executed and returned on or prior to his or her termination of employment, and not revoked, a settlement agreement, waiver and release under the Severance Plan.