Benefit Period

Benefit Period. The period beginning on Employee's Termination Date and ending on the first to occur of (a) the second anniversary of the Commencement Date or (b) the first date on which Employee is employed by another employer and is eligible to participate in a health plan of Employee's new employer.

Benefit Period. For the purposes of Section 5, the period commencing on the first day of the next succeeding calendar month following the Separation from Service of Employee and ending one hundred eighty (180) months thereafter.

Benefit Period. The period of time either in months or years over which the Emeritus Director or his Beneficiary will receive Director Emeritus Fees; provided however, in the case of a Participant who is a Specified Employee, in no event will the Benefit Period commence prior to the earlier of his death or six months after his Termination without Cause for any reason other than death