Cessation Date

Example Definitions of "Cessation Date"
Cessation Date. Means the last day of active employment of the Participant with the Corporation or an affiliate, as the case may be, regardless of the reason for the termination of employment or whether it was lawful, and does not include any period of statutory, contractual or reasonable notice of termination of employment or any period of salary continuance or deemed employment. A transfer of employment or services between the Corporation and an affiliate or between affiliates of the Corporation shall not be... considered an interruption or termination of the employment of the Participant for any purpose of this Award Agreement; View More
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