Termination of Service

Example Definitions of "Termination of Service"
Termination of Service. A cessation of the employee-employer relationship between an Employee and the Company or an Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, Disability, retirement, or the disaffiliation of an Affiliate, but excluding any such termination where there is a simultaneous reemployment by the Company or an Affiliate
Found in RingCentral Inc contract
Termination of Service. A Means (a) in the case of an Associate, a cessation of the employee-employer relationship between an Employee Associate and the Company or an Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, Disability, retirement, Retirement, or the disaffiliation of an Affiliate, but excluding excluding, with the consent of the Committee, any such termination where there is a simultaneous reemployment re-employment by the Company or an... Affiliate or where there is a simultaneous re-engagement of the Associate as a Consultant by the Company or an Affiliate; (b) in the case of a Consultant, a cessation of the service relationship between a Consultant and the Company or an Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, Disability, or the disaffiliation of an Affiliate, but excluding, with the consent of the Committee, any such termination where there is a simultaneous re-engagement of the Consultant by the Company or an Affiliate or where there is a simultaneous re-employment of the Consultant as an Associate by the Company or an Affiliate; and (c) in the case of a Non-Employee Director, a cessation of the Non-Employee Director's service on the Board for any reason. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates (or between Affiliates) shall not be deemed a Termination of Service. View More
Found in Fiserv Inc contract
Termination of Service. A Means (a) in the case of an Employee, a cessation of the employee-employer relationship between an Employee employee and the Company or an Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, Disability, retirement, disability, or the disaffiliation of an Affiliate, affiliate, but excluding any such termination where there is a simultaneous reemployment by the Company or an Affiliate affiliate; and (b) in the case of a Consultant,... a cessation of the service relationship between a Consultant and the Company or an affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, disability, or the disaffiliation of an affiliate, but excluding any such termination where there is a simultaneous re-engagement of the Consultant by the Company or an affiliate. View More
Found in Super Micro Computer, Inc. contract
Termination of Service. A Shall mean (a) in the case of an Employee, a cessation of the employee-employer relationship between an the Employee and the Company or an Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, Disability, disability, retirement, or the disaffiliation of an Affiliate, but excluding any such termination where there is a simultaneous reemployment by the Company or an Affiliate; (b) in the case of a Consultant, a cessation of the... service relationship between the Consultant and the Company or an Affiliate for any reason, including, but not by way of limitation, a termination by resignation, discharge, death, disability, or the disaffiliation of an Affiliate, but excluding any such termination where there is a simultaneous re-engagement of the consultant by the Company or an Affiliate; and (c) in the case of a non-employee Director, a cessation of the Director's service on the Board for any reason, including, but not by way of limitation, a termination by resignation, death, disability, retirement or non-reelection to the Board. View More
Found in Aurum, Inc. contract
View Variations (3)
Termination of Service. The later of the date of (i) the bona fide termination of a Participant's service as a member of the Board and each other board of directors of any Subsidiary which has been designated a participating Subsidiary; and (ii) the Participant's Termination of Employment
Found in PSB Holdings, Inc. contract
Termination of Service. The later of the date of (i) the bona fide termination of a Participant's service services as a member of the Board and each other board of directors of any Subsidiary which has been designated as a participating Subsidiary; and (ii) the Participant's Termination of Employment Subsidiary.
Found in PSB Holdings, Inc. contract
Termination of Service. The later of the date of (i) the bona fide termination of a Participant's service services as a member of the Board and each other board of directors of any Subsidiary which has been designated as a participating Subsidiary; and (ii) the Participant's Termination of Employment Subsidiary.
Found in PSB Holdings, Inc. contract
View Variation
Termination of Service. Means, unless otherwise defined in an applicable Award Agreement, the termination of the Participant's employment, consulting services or directorship with the Company, its Subsidiaries and its Affiliates, as the case may be. A Participant employed by a Subsidiary of the Company or one of its Affiliates shall also be deemed to incur a Termination of Service if the Subsidiary of the Company or Affiliate ceases to be such a Subsidiary or an Affiliate, as the case may be, and the Participant does... not immediately thereafter become an employee or director of, or a consultant to, the Company, another Subsidiary of the Company or an Affiliate. Temporary absences from employment because of illness, vacation or leave of absence and transfers among the Company and its Subsidiaries and Affiliates shall not be considered a Termination of Service. If the Participant has a written employment agreement with the Company, a Subsidiary or Affiliate that defines "Date of Termination", unless otherwise determined by the Committee, the Participant shall be treated as having terminated employment for purposes of this Plan on the Date of Termination. View More
Found in VALIDUS HOLDINGS LTD contract
Termination of Service. Means, unless otherwise defined in an applicable Award Agreement, Means the termination of the Participant's employment, consulting services or directorship with the Company, its Subsidiaries and its Affiliates, as the case may be. A Participant employed by a Subsidiary of the Company or one of its Affiliates shall also be deemed to incur a Termination of Service if the Subsidiary of the Company or Affiliate ceases to be such a Subsidiary or an Affiliate, as the case may be, and the Participant... does not immediately thereafter become an employee or director of, or a consultant to, the Company, another Subsidiary of the Company or an Affiliate. In the event that a Participant who is an employee of the Company, a Subsidiary or an Affiliate becomes a Director or a consultant to the Company, a Subsidiary or an Affiliate upon the Participant's termination of employment, unless otherwise determined by the Committee in its sole discretion, no Termination of Service shall be deemed to occur until such time as such Participant is no longer an employee of, or consultant to, the Company, a Subsidiary or an Affiliate or a Director, as the case may be. If a Participant who is a Director becomes an employee of, or a consultant to, the Company, a Subsidiary or an Affiliate upon such Participant ceasing to be a Director, unless otherwise determined by the Committee in its sole discretion, such termination of the Participant's directorship shall not be treated as a Termination of Service unless and until the Participant's employment or consultancy, as the case may be, terminates. Temporary absences from employment because of illness, vacation or leave of absence and transfers among the Company and its Subsidiaries and Affiliates shall not be considered a Termination of Service. If the Participant has a written employment agreement with the Company, a Subsidiary or Affiliate that defines "Date of Termination", unless otherwise determined by the Committee, the Participant shall be treated as having terminated employment for purposes of this Plan on the Date of Termination. View More
Found in XOMA Corp contract
View Variation
Termination of Service. Ceasing to be a Service Provider. However, for Incentive Stock Option purposes, Termination of Service will occur when the Awardee ceases to be an employee (as determined in accordance with Section 3401(c) of the Code and the regulations promulgated thereunder) of the Company or one of its Related Corporations. The Administrator shall determine whether any corporate transaction, such as a sale or spin-off of a division or business unit, or a joint venture, shall be deemed to result in a... Termination of Service View More
Found in VOLITIONRX LTD contract
Termination of Service. Ceasing to be a Service Provider. However, for Incentive Stock Option purposes, Termination of Service will occur when the Awardee Holder ceases to be an employee (as determined in accordance with Section 3401(c) of the Code and the regulations promulgated thereunder) of the Company or one of its Related Corporations. Company. The Administrator Committee shall determine whether any corporate transaction, such as a sale or spin-off of a division or business unit, or a joint venture, shall be... deemed to result results in a Termination of Service View More
Found in PEN INC. contract
View Variation
Termination of Service. When the Contractor ceases to serve as a contractor of the Company or a subsidiary of the Company for any reason. Except as may be necessary or desirable to comply with applicable federal or state law, a "Termination of Service" shall not be deemed to have occurred when the Contractor becomes an outside director or employee of the Company or vice versa.
Found in NanoVibronix, Inc. contract
Termination of Service. When Occurs when the Contractor Optionee ceases to serve as an employee, an outside director, or a contractor of the Company or a subsidiary of the Company for any reason. Except as may be necessary or desirable to comply with applicable federal or state law, a "Termination of Service" shall not be deemed to have occurred when the Contractor Optionee becomes an outside director or employee of the Company contractor or vice versa.
Found in PeerStream, Inc. contract
View Variation
Termination of Service. Occurs when the Participant ceases to serve as an employee of the Company or a Subsidiary for any reason.
Found in Commercial Metals Company contract
Termination of Service. Occurs when When the Participant ceases to serve as an employee of the Company or a Subsidiary for any reason.
Found in Commercial Metals Company contract
View Variation
Termination of Service. Occurs when a Grantee who is (i) an employee of the Company or any Subsidiary ceases to serve as an employee of the Company and its Subsidiaries, for any reason; (ii) an outside director of the Company or a Subsidiary ceases to serve as a director of the Company and its Subsidiaries for any reason; or (iii) a contractor of the Company or a Subsidiary ceases to serve as a contractor of the Company and its Subsidiaries for any reason. Except as may be necessary or desirable to comply with... applicable federal or state law, a "Termination of Service" shall not be deemed to have occurred when a Grantee who is an employee becomes an outside director or contractor or vice versa. Notwithstanding the foregoing provisions of this Section 2(m), in the event this Agreement is subject to Section 409A of the Code, then, in lieu of the foregoing definition and to the extent necessary to comply with the requirements of Section 409A of the Code, the definition of "Termination of Service" for purposes of this Agreement shall be the definition of "separation from service" provided for under Section 409A of the Code and the regulations or other guidance issued thereunder View More
Found in InspireMD, Inc. contract
Termination of Service. Occurs when a Grantee who is (i) an employee of the Company or any Subsidiary Optionee ceases to serve as an employee of the Company and its Subsidiaries, for any reason; (ii) employee, an outside director of the Company director, or a Subsidiary ceases to serve as a director of the Company and its Subsidiaries for any reason; or (iii) a contractor of the Company or a Subsidiary ceases to serve as a contractor subsidiary of the Company and its Subsidiaries for any reason. Except as may be... necessary or desirable to comply with applicable federal or state law, a "Termination of Service" shall not be deemed to have occurred when a Grantee who is an employee the Optionee becomes an outside director or contractor employee or vice versa. Notwithstanding the foregoing provisions of this Section 2(m), foregoing, in the event this Agreement is and the Stock Option granted hereunder become subject to Section 409A of the Code, then, in lieu of the foregoing definition and to the extent necessary to comply with the requirements of Section 409A of the Code, the definition of "Termination of Service" for purposes of this Agreement shall be the definition of "separation from service" provided for under Section 409A of the Code and the regulations or other guidance issued thereunder thereunder. View More
Found in NanoVibronix, Inc. contract
View Variation
Termination of Service. The date the Participant ceases to be a Service Provider.
Found in Innovex Downhole Solutions, Inc. contract
Termination of Service. The Means the date the Participant ceases to be a Service Provider.
Found in New Home Co Inc. contract
View Variation
Termination of Service. The termination of the Participant's employment, consulting or advisory services or Board membership with the Company or its Subsidiaries, as the case may be. A Participant employed by a Subsidiary of the Company shall also be deemed to incur a Termination of Service if the Subsidiary of the Company ceases to be such a Subsidiary, and the Participant does not immediately thereafter become an employee or Board member of, or a consultant or advisor to, the Company, another Subsidiary of the... Company. In the event that a Participant who is an employee of the Company or a Subsidiary becomes a Board member or a consultant or advisor to the Company or a Subsidiary upon the Participant's termination of employment, unless otherwise determined by the Board in its sole discretion, no Termination of Service shall be deemed to occur until such time as such Participant is no longer an employee of, or consultant or advisor to, the Company or a Subsidiary or a Board member, as the case may be. If a Participant who is a Board member becomes an employee of, or a consultant or advisor to, the Company or a Subsidiary upon such Participant ceasing to be a Board member, unless otherwise determined by the Board in its sole discretion, such termination of the Participant's Board membership shall not be treated as a Termination of Service unless and until the Participant is no longer employed by, or a consultant or advisor to, the Company or a Subsidiary, as the case may be. Temporary absences from employment because of illness, vacation or leave of absence and transfers among the Company and its Subsidiaries shall not be considered a Termination of Service. View More
Found in Colt Defense LLC contract
Termination of Service. Termination of the relationship with the Company so that an individual is no longer a Potential Participant.
Found in American Realty Capital Daily Net Asset Value Trust, Inc. contract
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