Prohibited Period Definitions | Business Dictionary

Prohibited Period. The period during which an Eligible Executive is employed by the Company or any of its Affiliates and continuing until the date that is 12 months following the Eligible Executive's Date of Termination.

Found in Cobalt International Energy, Inc. contract

Prohibited Period. The period during which an Eligible Executive is employed by any member of the Company Group and continuing for a period of twelve (12) months (or twenty-four (24) months for the CEO) following the date that the Eligible Executive is no longer employed by any member of the Company Group; provided, that in the event an Eligible Executive is party to an Executive Employment Agreement that is entered into following the Effective Date and such agreement defines prohibited period (or words or a... concept of like import), Prohibited Period shall mean the period set forth in such agreement. For the avoidance of doubt, in the event an Eligible Executive is party to an Executive Employment Agreement that was entered into prior to the Effective Date and such agreement defines prohibited period (or words or a concept of like import), Prohibited Period shall mean the period set forth in the Plan, and no effect shall be given to any definition of prohibited period (or words or a concept of like import) provided for in such agreement. View More

Found in Shoals Technologies Group, Inc. contract

Prohibited Period. The period during which an Eligible Executive is employed by any member of the Company Group and continuing through the date that is 12 months following the Eligible Executive's Date of Termination for any reason or no reason, whether by the Company or by the Eligible Executive and whether with or without Cause.

Found in GigCapital4, Inc. contract

Prohibited Period. The period during which an Eligible Executive is employed by any member of the Company Group and continuing through the date that is 12 months following the Eligible Executive's Date of Termination.

Found in Chesapeake Energy contract

Prohibited Period. The period during which an Eligible Executive is employed by the Company or any of its Affiliates and continuing through the last day of the Eligible Executive's Applicable Period following the Eligible Executive's Date of Termination.

Found in TALOS ENERGY INC. contract