Define: Date of Termination
What does "Date of Termination" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (ANALOG DEVICES INC, seen in 1 filing)
Date of Termination means the earlier of (1) the date the Participant's employment with the Employer is terminated for any reason or (2) the date the Participant receives written notice of termination from the Employer and shall not include or be extended by any period following such day during which the Participant is in receipt of or eligible to receive any notice of termination, pay in lieu of notice of termination, severance pay or any other payments or damages, whether arising under statute, contract or at common law.
Source: ANALOG DEVICES INC 10-Q
Definition 2 (Chubb Ltd, seen in 1 filing)
Date of Termination means with respect to an employee, the date on which the Participant's employment with the Company and Subsidiaries terminates for any reason, and with respect to a Director, the date immediately following the last day on which the Participant serves as a Director.
Source: Chubb Ltd 10-Q
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.