Severance Event

Example Definitions of "Severance Event"
Severance Event. A termination of Executive's employment with the Company and its subsidiaries during the Term of this Agreement, either (1) by the Company without Cause, or (2) by Executive for Good Reason.
Severance Event. Either: (i) the effective date of the termination of Executive's employment by the Company for any reason other than for Cause, or (ii) the effective date of the termination of Executive's employment for Good Reason. A Severance Event shall not include a termination of Executive's employment as a result of Executive's death. The term "termination of employment" and other similar terms used in this Agreement shall be construed to have the same meaning as is given to the term "separation from... service" in Section 409A of the Code View More
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