Severance Pay Period has the meaning set forth in Section 6(c)(i).

Severance Pay Period means the period commencing on the effective date of the termination of Employee's employment under Section 13(d) and ending on the earlier to occur of Employee's commencement of employment for another employer, or six months subsequent to the date of Employee's termination. During the "Severance Pay Period," Employee will be available to consult with the Company without the payment of additional compensation by the Company, and Employee will promptly notify the Company if Employee commences employment with another employer.

Severance Pay Period means the period, commencing from the date of termination of the employee’s employment under the MOP(S) Act, which corresponds to the number of weeks’ pay of the relevant gross benefit in clause 64.2.

Examples of Severance Pay Period in a sentence

At the expiration of the Severance Pay Period, the Employee will cease being paid a car allowance.
If Employee is receiving a car allowance at the time of the Employee’s termination, such car allowance will continue to be paid through the Severance Pay Period.
At the expiration of the Severance Pay Period, Employee must return the leased vehicle to ARAMARK unless the Employee elects to purchase the vehicle in accordance with the Executive Leadership Council policy then in effect.
At the expiration of the Severance Pay Period, Employee must return the leased vehicle to Aramark unless the Employee elects to purchase the vehicle in accordance with the Executive Leadership Council policy then in effect.
You shall qualify for full COBRA health benefit continuation coverage upon the expiration of the Severance Pay Period.

More Definitions of Severance Pay Period

Severance Pay Period means the period commencing on the effective date of the termination of my employment under Section 4(d) or 4(e) and ending on earlier of (a) the twenty-six-week anniversary of the termination of my employment under Section 4(d) or 4(e), (b) the twelve-week anniversary of my voluntary termination of my employment under Section 4(f) above or (c) the date on which I commence employment in another position that offers similar compensation and benefits. As a condition to the Company’s obligation to make such payments to me or on my behalf, during the Severance Pay Period I will be available to consult with the Company on such matters as the Company may reasonably request without the payment of additional compensation to me by the Company; provided, however, that I will not provide more than forty (40) hours of such consulting services in any calendar month.

Severance Pay Period means the period of time following an Employee’s termination of employment date with respect to which an Employee is scheduled to receive Severance Pay installments under the Plan. In the event that an alternate method of Severance Pay payment is used by the Company in accordance with Section VI of the Plan for any Employee, the Severance Pay Period will be calculated as if the Employee received Severance Pay installments.

Severance Pay Period means the period commencing on the effective date of the Employee’s letter giving notice of his resignation and ending twenty-four (24) months subsequent to the date of such resignation letter.

Severance Pay Period means (i) with respect to payment of salary or the provision of benefits, the period commencing on the day following termination of employment through the end of the Employment Period (disregarding any Additional Term that has not yet commenced), and (ii) with respect to the calculation of the bonus amount payable following termination of employment, the period commending on the day following termination of employment through the remaining Employment Period (disregarding any Additional Term that has not yet commenced). As used herein, the term “Non-Compete Period” shall mean the period from the date of termination of employment with the Company (which for purposes of Section 8 (b) shall be a termination whether or not pursuant to this Agreement) through and including the six month anniversary of such date of termination.

Severance Pay Period means the period beginning upon the Executive’s Involuntary Termination and lasting the number of months for which the Executive receives severance pay, as set forth in Section III below.

Severance Pay Period means the number of months of severance pay that the Employee receives from the Employer pursuant to the terms of Sections 2. or 3. of this Agreement.