Termination

Termination. Shall mean, with respect to a Grantee, the occurrence of any event following which such Grantee is no longer an employee of the Corporation or any of its Affiliates.

Termination. The Participant's ceasing to be a Director of the Company for any reason whatsoever, whether voluntarily or involuntarily, including by reason of retirement, resignation, removal or death. Notwithstanding the preceding sentence, the date on which a Participant ceases to be a Director of the Company shall be deemed to have not occurred for purposes of this Plan unless such cessation constitutes a "separation from service" within the meaning of Section 409A(a)(2)(A)(i) of the Code and any... regulations or other guidance issued thereunder View More

Termination. Means: i. during the time period beginning on the Change in Control and ending on the first anniversary of the Change in Control, a termination of an Eligible Employee's employment with the Employer (A) by the Employer without Cause or (B) by the Eligible Employee for Good Reason; or ii. during the Potential Change in Control Period and the time period beginning three (3) months preceding the Change in Control, a termination of an Eligible Employee's employment with the Employer by the Employer... without Cause or by the Eligible Employee for Good Reason, which termination is made in connection with the Change in Control; provided that in the case of either clause (i) or clause (ii) of this definition, such employment termination meets the criteria for a "separation from service" as defined in Treas. Reg. 1.409A-1(h). An Eligible Employee whose employment is terminated on account of death or Disability shall not be a Severed Employee. View More

Termination. The termination for any reason of services provided to the Company or to any Subsidiary by a Participant

Termination. The termination of services as an employee of Company and any Subsidiary for any reason

Termination. If the Optionee is an Employee, the last day of any statutory or contractual notice period whether worked or not (provided, only the employer, and not the Optionee, may decide whether the Optionee works during the notice period) and irrespective of whether the termination of the employment agreement is due to resignation or dismissal of the Employee for any reason whatsoever; if the Optionee is a corporate officer as defined in Section 2 of this Appendix A, Termination means the date on which... he or she effectively leaves his or her position as a corporate officer for any reason whatsoever View More

Termination. Termination of the employment or the consulting arrangement of a person with the Company or any Subsidiary. The Company may, in its discretion, determine whether any "leave of absence" constitutes a Termination for purposes of this Plan and the impact, if any, of any such leave of absence on Awards made under this Plan. The Company shall have the right to determine whether the termination of a Participant's employment or consulting arrangement is a dismissal for cause and the date of... Termination in such case, which date the Company may retroactively deem to be the date of the action that constitutes cause for dismissal. Such determinations of the Company shall be final, binding and conclusive. View More

Termination. Termination of Employment means the termination of Employee's employment with the Company. Temporary absences from employment because of illness, vacation or leave of absence and transfers among Waste Management, Inc. and its Subsidiaries and Affiliates will not be considered a Termination of Employment. Any questions as to whether and when there has been a Termination of Employment, and the cause of such termination, shall be determined by the Committee, and its determination will be final.

Termination. The Executive is discharged by Olin other than for Cause; (ii) The Executive terminates his or her employment in the event that: (1) (A) Olin requires the Executive to relocate his or her principal place of employment by more than fifty (50) miles from the location in effect on the Effective Date (excluding, prior to a Change in Control, any relocation due to a change in the location of Olin's corporate headquarters); provided, however, that an Executive whose principal place of employment... (immediately prior to the required relocation) was not located at Olin's corporate headquarters (wherever located) will not have a basis for Termination if he or she is required to relocate his or her principal place of employment to the location of Olin's then-current corporate headquarters or (B) following a Change in Control, Olin requires the Executive to travel on business to a substantially greater extent than, and inconsistent with, the Executive's travel requirements prior to a Change in Control (taking into account the number and/or duration (both with respect to airtime and overall time away from home) of such travel trips following a Change in Control as compared to a comparable period prior to the Change in Control); (2) Olin reduces the Executive's base salary or fails to increase the Executive's base salary on a basis consistent (as to frequency and amount) with Olin's exempt salary system as then in effect or, in the event of a Change in Control, as in effect immediately prior to the Change in Control; (3) Olin fails to continue the Executive's participation in Olin's benefit plans (including, without limitation, short-term and long-term cash and stock incentive compensation) on substantially the same basis, both in terms of (A) the 4 amount of the benefits provided (other than due to Olin's or a relevant operation's or business unit's financial or stock price performance provided such performance is a relevant criterion under such plan) and (B) the level of the Executive's participation relative to other participants as exists on the Effective Date; provided that, with respect to annual and long term incentive compensation plans, the basis with which the amount of benefits and level of participation of the Executive shall be compared shall be the average benefit awarded to the Executive under the relevant plan during the three completed fiscal years immediately preceding the year in which the date of Termination occurs; (4) The Executive suffers a Disability which prevents the Executive from performing the Executive's duties with Olin for a period of at least 180 consecutive days; (5) Following a Change in Control, Olin fails to substantially maintain its benefit plans as in effect at the time of the Change in Control, unless arrangements (embodied in an on-going substitute or alternative plan) are then in effect to provide benefits that are substantially similar to those in effect at the time of the Change in Control; or (6) (A) the Executive is assigned any duties inconsistent in any adverse respect with the Executive's position (including status, offices, titles and reporting lines), authority, duties or responsibilities, or (B) Olin takes any action that results in a diminution in such position (including status, offices, titles and reporting lines), authority, duties or responsibilities or in a substantial reduction in any of the resources available to carry out any of the Executive's authorities, duties or responsibilities; unless the event is described in clause (2), (3), (5) or (6) above and results from an isolated, insubstantial and inadvertent action or omission that is not taken (or omitted to be taken) by Olin in bad faith, and is remedied by Olin promptly after receipt of notice thereof given by the Executive. For purposes solely of clarification, it is understood that (i) if, in connection with the spinoff of an Olin business or Olin's assets as a separate public company to Olin's shareholders, the Executive accepts employment with, and becomes employed at, the spunoff company or its affiliate, the termination of the Executive's employment with Olin shall not be considered a "Termination" for purposes of this Agreement provided a Change in Control shall not have occurred prior to the termination of the Executive's employment with Olin and (ii) except as provided in paragraph 4(f), in connection with the sale of an Olin business or assets to a third party or the transfer or sale of an Olin business or Olin's assets to a joint venture to be owned directly or indirectly by Olin with one or more third parties, if the Executive accepts employment with, and becomes employed by, such buyer or its affiliate or such joint venture or its affiliate in connection with such transaction, such cessation of employment with Olin shall not be considered a "Termination" for purposes of this Agreement provided a Change in Control shall not have occurred prior to the termination of the Executive's employment with Olin. 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Termination. A termination of employment of the Executive by either the Company or the Executive.