Termination of Employment. For purposes of this Section 5, the date of Termination of Employment will be the last date that the Grantee is classified as an employee in the payroll system of the Company or applicable Subsidiary, provided that in the case of a Grantee who is subject to U.S. federal income tax (a “U.S. Taxpayer”), the date of Termination of Employment will be the date that the Grantee experiences a “separation from service,” in accordance with the requirements of Code Section 409A. The Company shall have the exclusive discretion to determine when the Grantee is no longer employed for purposes of the RSUs and any Dividend Equivalents, this Agreement and the Plan. Subject to Section 6:
Termination of Employment. For purposes of this Section 5,1, the date of Termination of Employment will be the last date that the GranteeOptionee is classified as ana current employee in the payroll system of the Company or applicable Subsidiary, provided that in the case of a GranteeOptionee who is subject to U.S. federal income tax (a “U.S. Taxpayer”), the date of Termination of Employment will be the date that the GranteeOptionee experiences a “separation from service,” in accordance with the requirements of Code Section 409A. The CompanyCommittee shall have the exclusive discretion to determine when the GranteeOptionee is no longer employed for purposes of the RSUs and any Dividend Equivalents,Options, this Agreement and the Plan. Subject to Section 6:
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