Year of Termination definition

Year of Termination means the Year in which Executive’s Termination Date occurs.

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Year of Termination means the Year in which Executive’s Termination Date occurs. “Year” means a fiscal year of the Company.

Year of Termination means the fiscal year for the applicable Performance Period during which the Grantee’s Date of Termination occurs. As used herein with respect to the Stock Units, the Stock Units shall be earned based on performance and shall vest based on Section 4 below, and the term “vest” means that the restrictions on the right to receive payment pursuant to the Stock Units lapse in whole or in specified part.

Examples of Year of Termination in a sentence

If any cash bonus pursuant to an Annual Incentive Plan in respect of a Performance Period which ended before the Year of Termination shall not have been paid to Executive on or before the Termination Date, the Company will pay Executive such bonus in the amount of Executive’s award earned for the Performance Period in the form of a single lump sum cash payment on the later of the 15th day following the Termination Date or the date that is 2-1/2 months following the end of the Performance Period.
The Pro Rata Bonus shall be payable when annual cash bonuses with respect to the Year of Termination are paid to other executives of your Employer.
In the event the Executive’s employment is terminated pursuant to Section 3(c), the Executive shall be required to repay the portion of the Draw that Executive received for the year in which the Date of Termination occurred (“Year of Termination”) minus any Outstanding Commission for the Year of Termination.
If under any Bonus Plan no cash award shall have been granted to Executive for the last Performance Period ended before the Year of Termination, on the Commencement Date Executive will receive a lump sum amount equal to the sum of the Target Awards under each such Bonus Plan which would have been payable to Executive for such Performance Period.
Whether an adjustment is reasonable shall be a matter for the sole discretion of the State, however a disagreement about such an adjustment will constitute a basis for termination of this Agreement by ACO with the right to receive Shared Savings through the Performance Year of Termination as described by Section 7.

More Definitions of Year of Termination

Year of Termination means the Year in which the Executive’s Termination Date occurs.

Year of Termination means the fiscal year for the applicable Performance Period during which Optionee’s Date of Termination occurs. As used herein with respect to the Option, the Option shall be earned based on performance and shall vest based on Section 3 below, and the term “vest” means to become exercisable in whole or in specified part.

Year of Termination means the calendar year during which Participant’s employment with the Company or any Affiliate is terminated.

Year of Termination means the fiscal year during which the final distribution of assets is completed.

Year of Termination means the fiscal year for the applicable Performance Period during which the Grantee’s Date of Termination occurs.

Year of Termination means the calendar year during which the Grantee’s Date of Termination occurs;

Year of Termination means the fiscal year of the Company in which the Termination Date occurs.