Severance

Example Definitions of "Severance"
Severance. The termination of the Participant's Service, whether by reason of death, disability, or any other reason
Severance. As used in this Agreement, "Severance" shall mean an amount equal to twelve months of Plantinga's Base Salary (as that term is defined above), (the "Severance Period"). Severance will also include additional items listed in Paragraph 2.1. In addition, the Company shall continue to provide full health, medical and dental benefits to Plantinga with the same or similar coverage during the Severance Period unless Plantinga is provided comparable health, dental and medical benefits under another... employer's plan during the Severance Period, at which point the Company shall cease providing such health and medical benefits. View More
Severance. The aggregate director fees (retainer fees and meeting fees) paid to the Director's for the nine-month period immediately preceding the date of the Director's Separation from Service (or, if the Director's fees were reduced during the two-year period following the Change in Control, the Director's fees paid to the Director for the nine-month period immediately prior to the date of such reduction in fees)
Severance. Means termination of employment with the Company, and qualified for participation in and entitlement to benefits under the McKesson Corporation Severance Pay Plan, in accordance with the terms and conditions of such plan.
Severance. With respect to a Participant, collectively, such Participant's Cash Severance and Continued Benefits, if any
Severance. (1) the involuntary termination of the Eligible Employee's employment by the Employer, other than for Cause, death or Disability or (2) a termination of the Eligible Employee's employment by the Eligible Employee for Good Reason, in each case, during the Change in Control Protection Period; provided, however, that in each case the termination constitutes a separation from service within the meaning of Section 409A(a)(2)(A)(i) of the Code and Treasury Regulations thereunder
All Definitions