Severance Policy definition

Severance Policy means the Company’s Severance Policy for Key Executives as adopted on July 21, 2014 and as may be amended from time to time.

Severance Policy means the policy providing for severance payments to salaried employees set forth in the Corporation's Policy Manual as in effect on the date of Executive's termination of employment.

Severance Policy means the Company’s Severance Policy for Executives, as it may be amended from time to time.

Examples of Severance Policy in a sentence

• If any such termination is later deemed an Anticipatory Termination, the terms of this Section 3 shall apply, but the payments and benefits provided in this Section 3 shall be offset and reduced for any payments or benefits you have already received under the Regular Severance Policy.

• However, any payments or benefits provided (or to be provided) under this Agreement shall be reduced and offset by payments or benefits of the same type that are received by you from the Company under the Severance Policy or any other severance arrangement.

• Notwithstanding the foregoing and for avoidance of doubt, this Agreement does not supersede or replace the Severance Policy.

• You will be provided a participation agreement under the Severance Policy outlining the payments and benefits for which you will be eligible.

• Executive hereby acknowledges that the Company has heretofore rescinded and terminated the Company's Executive Severance Policy, as amended from time to time, which policy was originally adopted on January 1, 1994, and Executive hereby waives any and all rights Executive may have under such policy.

More Definitions of Severance Policy

Severance Policy means the Xxx. A. Bank Policy Regarding Severance for Key Associates, adopted December 9, 2013 and as may be amended pursuant to Section 6.1(b)(viii).

Severance Policy shall have the meaning set forth in Section 11.4(b).

Severance Policy means the Company's severance policy as disclosed on Schedule 4.10(a) of the Company Disclosure Letter.

Severance Policy means the Company’s Severance Policy as defined in the Employment Agreement.

Severance Policy means the Company’s Executive Severance and Change in Control Policy, as may be amended from time to time.

Severance Policy has the meaning set forth in Section 12.2(b).

Severance Policy has the meaning set forth in Section 5.7(a).