Define: Termination Date
the date upon which the Founder concerned ceases to be a director or employee of or a consultant to, the Company whichever is the latest;
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
the date this agreement terminates for whatever reason.
the date of termination of your employment.
Relevant Circumstances
- When the precise end of a contract or appointment needs to be fixed
- If post-termination obligations are timed by reference to a specific date
- Where a founder's leaver status depends on when their last role ended