Define: Date of Cessation

How is ‘Date of Cessation’ defined in a legal contract?

• Date of Cessation means the effective date when a service ceases.
  Seen in 16 SEC filings.
• Date of Cessation means the time when an employee-employer relationship ends, or a contractual relationship between a contractor or consultant and the [organization] expires or is terminated, or if a person serving as a director, ends their service as a director.
  Seen in 13 SEC filings.
• Date of Cessation means the day when a Participant ends their office or employment with [organization].
  Seen in 1 SEC filing.
• Date of Cessation means the point in time when an individual stops their position as an employee with the [organization], or a non-employee’s relationship with the [organization] that qualifies them as an eligible person ends.
  Seen in 1 SEC filing.
• Date of Cessation means the date when a Governing Employee ceases to be an employee of any member of the [organization] and does not immediately become an employee of another member of the [organization].
  Seen in 1 SEC filing.
• Date of Cessation means the day on which an individual ceases to be an employee of any member of the [organization] and does not immediately become an employee of another group member.
  Seen in 1 SEC filing.

Please note: Definitions have been simplified for an average business user and care has been taken not to change their semantic meaning. Specific legal terms and reference to sections or clauses have been replaced with general words for better understanding, preserving their essence.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for ‘Definitions of date of cessation’ yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Date of Cessation means the effective point when an employee’s service, directorship, or contractor’s agreement with the [organization] ends.

Relevant Contract Types

• Employment Contracts
• Consulting Agreements
• Staff Leasing Services Agreement
• Independent Contractor Agreement
• Director Service Agreement

Relevant Circumstances

• Contract renewal negotiations
• Performance reviews
• Contract terminations or end of contract periods
• Changes in employment or directorship status within the organization

Relevant Sectors

• Human Resources
• Legal
• Consulting
• Corporate Management

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