Terminated Employee definition

Terminated Employee shall have the meaning set forth in Section 6.07(a).

Terminated Employee means an Employee who is terminated pursuant to 14.04(f), or who elects or is deemed to have elected Compensation pursuant to 14.05;

Terminated Employee means an Employee who has experienced an Employment Termination Date.

Examples of Terminated Employee in a sentence

• If the Participant becomes a Terminated Employee, the Company shall have the right to purchase any then-vested Profits Units held by the Participant in accordance with Article IX of the Management LLC Agreement.

• In addition, the Benefit provided hereunder, where applicable, shall constitute consideration for any covenants or agreements contained in the Separation Agreement executed by the Terminated Employee in connection with this Plan.

• Except as otherwise stated in any such Appendix applicable to any Employee or Terminated Employee, the rights of such Employee or Terminated Employee as stated in such Appendix shall supersede the rights provided under the Plan, the Benefit provided under such Appendix shall be in lieu of comparable or stipulated Benefits provided under the Plan, and there shall be no duplication of Benefits.

• In the event that a claim for a Benefit is denied in whole or in part, the Terminated Employee shall be notified of such denial in writing by the Plan Administrator.

• The notice advising of the denial shall specify the reason or reasons for denial, make specific reference to pertinent Plan provisions, describe any additional material or information necessary for the Terminated Employee to perfect the claim (explaining why such material or information is needed), and shall advise the Terminated Employee of the procedure for the appeal of such denial.

More Definitions of Terminated Employee

Terminated Employee has the meaning given such term in Section 3.5(a)(i).

Terminated Employee means a former Employee who has experienced a termination within the meaning of Section 2.08.

Terminated Employee means any Terminated Completion Rig Employee or any Terminated NLN Rig Employee;

Terminated Employee means any person whose employment has terminated for any reason other than death, Disability or Retirement. Leave of absence, temporary layoff, or service in the Armed Forces of the United States, as determined by uniform rules to be adopted by the Company, shall not be considered a termination of employment for purposes of this Plan. All Participants similarly situated shall be similarly treated by the Company in granting leaves of absence.

Terminated Employee means a former Employee who has experienced an involuntary termination of employment within the meaning of Section 2.11.

Terminated Employee means an individual who meets the following criteria:

Terminated Employee means an employee, whose employment with the Company has been terminated, whether voluntarily or involuntarily with or without Cause, during the then current fiscal year.