Termination

Termination. The termination of a Management Unitholder's employment or service, as applicable, with the Service Recipient for any reason (including death or Disability)

Termination. Means the termination of a Participant's employment or service, as applicable, with the Service Recipient; provided, however, that, if so determined by the Committee at the time of any change in status in relation to the Service Recipient (e.g., a Participant ceases to be an employee and begins providing services as a consultant, or vice versa), such change in status will not be deemed a Termination hereunder. Unless otherwise determined by the Committee, in the event that the Service Recipient... ceases to be an Affiliate of the Company (by reason of sale, divestiture, spin-off, or other similar transaction), unless a Participant's employment or service is transferred to another entity that would constitute the Service Recipient immediately following such transaction, such Participant shall be deemed to have suffered a Termination hereunder as of the date of the consummation of such transaction. Notwithstanding anything herein to the contrary, a Participant's change in status in relation to the Service Recipient (for example, a change from employee to consultant) shall not be deemed a Termination hereunder with respect to any Awards constituting "nonqualified deferred compensation" subject to Section 409A of the Code that are payable upon a Termination unless such change in status constitutes a "separation from service" within the meaning of Section 409A of the Code. Any payments in respect of an Award constituting nonqualified deferred compensation subject to Section 409A of the Code that are payable upon a Termination shall be delayed for such period as may be necessary to meet the requirements of Section 409A(a)(2)(B)(i) of the Code. On the first business day following the expiration of such period, the Participant shall be paid, in a single lump sum without interest, an amount equal to the aggregate amount of all payments delayed pursuant to the preceding sentence, and any remaining payments not so delayed shall continue to be paid pursuant to the payment schedule applicable to such Award. View More

Termination. For purposes of this Plan with respect to a Participant, that the Participant no longer is providing services as any of an employee, officer, Director or consultant to the Corporation. For determining whether and when a Participant has incurred a Termination of Employment for cause, "cause" will mean any act or omission defined in any employment agreement or arrangement in existence on the date of Termination of Employment between the Participant and the Corporation or Affiliate which permits... the Corporation or Affiliate to terminate the employment agreement or arrangement between the Participant and the Corporation or Affiliate, for cause. In the event there is no employment agreement or arrangement in existence between the Participant and the Corporation or Affiliate at Termination of Employment, or if the term "cause" is not defined in the employment agreement or arrangement, then "cause" will mean (a) any act or omission of a criminal nature, or any act of malfeasance or wrongdoing affecting the Corporation or an Affiliate the result of which is detrimental to the interests of the Corporation or an Affiliate; (b) the material breach of a fiduciary duty owing to the Corporation or Affiliate, including without limitation, fraud and embezzlement; (c) conduct or the omission of conduct on the part of the Participant which constitutes a material breach of any statutory or common-law duty of loyalty to the Corporation or its Affiliate; (d) the breach of any covenant not to compete with the Corporation or its Affiliate; or (e) engaging in any act of disloyalty or any conduct clearly tending to bring discredit upon the Corporation or its Affiliate, or any conduct which causes or reasonably could cause substantial harm to the Corporation or its Affiliate, as determined by the Board of Directors in their sole discretion. View More

Termination. For purposes of this Plan with respect to a Participant, that the Participant no longer is providing services to the Corporation as an employee, officer, director or consultant

Termination. The termination of the Manager's services to the Company and its Affiliates under the Management Agreement

Termination. Shall mean termination of the Employee's employment with the Bank during the Employment Period either (where such termination constitutes a "separation from service" pursuant to Code Section 409A): (i) by the Bank or its successor, as the case may be, other than a Termination for Cause or any termination as a result of death or Disability; or (ii) by the Employee for Good Reason.

Termination. The termination of Executive's employment hereunder for any of the following reasons unless the context indicates otherwise: (i) Retirement by Executive; (ii) Death of Executive; (iii) Disability; (iv) Expiration; (v) Resignation for Good Reason; (vi) Resignation other than Resignation for Good Reason; (vii) Termination Without Cause; and (viii) Termination for Cause