Define: Notice of Termination
What does "Notice of Termination" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (AMERICAN INTERNATIONAL GROUP, INC., seen in 1 filing)
Notice of Termination means a notice which indicates a date of termination (the Termination Date), the specific termination provision in this Agreement relied upon and sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive's employment under the provision so indicated.
Source: AMERICAN INTERNATIONAL GROUP, INC. 10-K
Definition 2 (CAPITAL ONE FINANCIAL CORP, seen in 1 filing)
Notice of Termination means a written notice that (1) indicates the specific termination provision in this Agreement relied upon, (2) to the extent applicable, sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of your employment under the provision so indicated, and (3) if the Date of Termination (as defined herein) is other than the date of receipt of such notice, specifies the Date of Termination (which Date of Termination shall be not more than 30 days after the giving of such notice).
Source: CAPITAL ONE FINANCIAL CORP 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.