Severance Period
Severance Period. The period of (a) eighteen (18) months immediately following the effective date of termination of employment minus (b) the number of months that the Employee continued to be employed by the Company after the Sale Date.
Found in
Geno LLC contract
Severance Period. Shall mean (i) a period of eighteen (18) months after the Termination Date if the Termination Date occurs within twelve (12) months after the Commencement Date, and (ii) a period of twelve (12) months after the Termination Date if the Termination Date occurs more than twelve (12) months after the Commencement Date.
Found in
DIGITAL RIVER INC contract
Severance Period. Period of time commencing on the date of the first occurrence of a Change of Control and continuing until the earlier of (i) eighteen (18) months after such date or (ii) the Covered Employee's death.
Found in
NII HOLDINGS INC contract
Severance Period. The one-year period following the termination of Executive's employment with the Company
Found in
HC2 HOLDINGS, INC. contract
Severance Period. (i) for Executives reporting directly to the Chief Executive Officer (the "CEO Direct Reports"), 18 months following the Date of Termination and (ii) for all other Executives, 6 months plus 2 weeks per year of completed service
Found in
Humana Inc. contract
Severance Period. Shall, with respect to any Covered Employee, commence upon such Covered Employee's termination of employment and end after the lapse of: (1) If such Covered Employee is the Company's Chief Executive Officer, eighteen (18) months; and (2) If such Covered Employee is between the level of Vice President and Chief Executive Officer, twelve (12) months; and (3) If such Covered Employee is at the level of Vice President, six (6) months or, if such Covered Employee terminates employment or resigns...
View More
Severance Period. (i) with respect to the Chief Executive Officer, the period commencing on the Termination Date and ending thirty (30) months after the Termination Date, and (ii) with respect to an Executive Vice President, the period commencing on the Termination Date and ending twenty-four (24) months after the Termination Date
Found in
Synchrony Financial contract
Severance Period. The period commencing on a Participant's Termination Date and ending, (i) with respect to a Group One Participant, six (6) months after the Termination Date; (ii) with respect to a Group Two Participant, twelve (12) months after the Termination Date; and (iii) with respect to a Group Three Participant, eighteen (18) months after the Termination Date.
Found in
Synchrony Financial contract
Severance Period. Shall mean twelve (12) months.
Found in
Shutterstock, Inc. contract
Severance Period. The time period set forth on Exhibit A with respect to the Covered Employee's position or job classification beginning on the date of a Covered Employee's Separation from Service as a result of an Involuntary Termination or the Covered Employee's job prospects being Materially Altered as a result of a Change in Control
All Definitions
Found in
NPS PHARMACEUTICALS INC contract