Leaves of Absence. The employment relationship is treated as continuing intact while the participant is on military leave, sick leave, or other bona fide leave of absence if the period of such leave does not exceed 6 months, or, if longer, so long as the participant retains a right to reemployment with Commerce under an applicable statute or by contract. A leave of absence constitutes a bona fide leave of absence only if there is a reasonable expectation that the participant will return to perform services for Commerce. If the period of leave exceeds 6 months and the participant does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6 month period. Notwithstanding the foregoing, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6 months, where such impairment causes the participant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 month period of absence shall be substituted for such 6 month period.
Leaves of Absence. The employment relationship is treated as continuing intact while the participantExecutive is on military leave, sick leave, or other bona fide leave of absence if the period of such leave does not exceed 6six (6) months, or, if longer, so long as the participantExecutive retains a right to reemployment with Commercethe Company under an applicable statute or by contract. A leave of absence constitutes a bona fide leave of absence only if there is a reasonable expectation that the participantExecutive will return to perform services for Commerce.the Company. If the period of leave exceeds 6six (6) months and the participantExecutive does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6 six (6)-month period. Notwithstanding the foregoing, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6six (6) months, where such impairment causes the participantExecutive to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 twenty-nine (29)-month period of absence shall be substituted for such 6 six (6)-month period.
Leaves of Absence. TheLeaves, etc. A Participant’s employment relationship isshall be treated as continuing intact while the participanthe or she is on military leave, sick leave, or other bona fide leave of absence (such as temporary employment by the government) if the period of such leave does not exceed 6six months, or,or if longer, so long as the participant retains aParticipant’s right to reemployment with Commerce under an applicablethe Employer (or a Subsidiary) is provided either by statute or by contract. A leave of absence constitutes a bona fide leave of absence only if there is a reasonable expectation that the participant will return to perform services for Commerce. If the period of leave exceeds 6six months and the participant does not retain aParticipant’s right to reemployment under an applicableis not provided either by statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6six- month period. Notwithstanding the foregoing, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6 months, where such impairment causes the participant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 month period of absence shall be substituted for such 6 month period.
Leaves of Absence. The employment relationship is treated as continuing intact while the participantGrantee is on military leave, sick leave, or other bona fide leave of absenceabsence, if the period of such leave does not exceed 6 months,six (6) months or, if longer, soas long as the participant retains aemployee’s right to reemployment with Commerce under an applicablethe Company, Bank, a Parent or a Related Entity is provided by statute or by contract. A leave of absence constitutes ais bona fide leave of absence only if there is a reasonable expectation that the participantemployee will return to perform services for Commerce.the Company, Bank, Parent, or Related Entity. If the period of leave exceeds 6six (6) months and the participant does not retain aGrantee’s right to reemployment under an applicableis not provided by statute or by contract, the employment relationship is deemed to terminate on the first dateday immediately following such 6the six (6) month period. Notwithstanding the foregoing, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6 months, where such impairment causes the participant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 month period of absence shall be substituted for such 6 month period.
LeavesA termination of Absence. The employment relationship is treated as continuing intactshall not be deemed to have occurred while the participanta Participant is on military leave, sick leave,leave or other bona fide leave of absence if the period of such leave does not exceed 6six months, or,or if longer, so long as the participantParticipant retains a right to reemployment with Commercethe Corporation or an Affiliate under an applicable statute or by contract. AFor purposes of this subparagraph, a leave of absence constitutes a bona fide leave of absence only if there is a reasonable expectation that the participantParticipant will return to perform services for Commerce.the Corporation or an Affiliate. If the period of leave exceeds 6six months and the participantParticipant does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6 six-month period. Notwithstanding the foregoing,foregoing sentence, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6six months, where such impairment causes the participantParticipant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 29-month period of absence shall beis substituted for such 6 six-month period.period in determining whether a termination of employment shall be deemed to have occurred. A termination of employment with the Corporation or an Affiliate to accept immediate reemployment with the Corporation or an Affiliate likewise shall not be deemed to be a termination of employment for purposes of the Plan. A Participant who is classified as an intermittent employee shall be deemed to have a termination of employment for purposes of the Plan.
LeavesA termination of Absence. The employment relationship is treated as continuing intactshall not be deemed to have occurred while the participanta Participant is on military leave, sick leave,leave or other bona fide leave of absence if the period of such leave does not exceed 6six months, or,or if longer, so long as the participantParticipant retains a right to reemployment with Commercethe Corporation or an Affiliate under an applicable statute or by contract. AFor purposes of this subparagraph, a leave of absenceabsence, including any garden leave or similar leave, constitutes a bona fide leave of absence only if there is a reasonable expectation that the participantParticipant will return to perform services for Commerce.the Corporation or an Affiliate. If the period of leave exceeds 6six months and the participantParticipant does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6 six-month period. Notwithstanding the foregoing, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6 months, where such impairment causes the participant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 month period of absence shall be substituted for such 6 month period.
LeavesA termination of Absence. The employment relationship is treated as continuing intactshall not be deemed to have occurred while the participanta Participant is on military leave, sick leave,leave or other bona fide leave of absence if the period of such leave does not exceed 6six months, or,or if longer, so long as the participantParticipant retains a right to reemployment with Commercethe Corporation or an Affiliate under an applicable statute or by contract. AFor purposes of this subparagraph, a leave of absenceabsence, including any garden leave or similar leave, constitutes a bona fide leave of absence only if there is a reasonable expectation that the participantParticipant will return to perform services for Commerce.the Corporation or an Affiliate. If the period of leave exceeds 6six months and the participantParticipant does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6 six-month period. Notwithstanding the foregoing,foregoing sentence, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6six months, where such impairment causes the participantParticipant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 29-month period of absence shall beis substituted for such 6 six-month period.period in determining whether a termination of employment shall be deemed to have occurred. A termination of employment with the Corporation or an Affiliate to accept immediate reemployment with the Corporation or an Affiliate likewise shall not be deemed to be a termination of employment for purposes of the Plan. A Participant who is classified as an intermittent employee shall be deemed to have a termination of employment for purposes of the Plan.
LeavesA termination of Absence. The employment relationship is treated as continuing intactshall not be deemed to have occurred while the participanta Participant is on military leave, sick leave,leave or other bona fide leave of absence if the period of such leave does not exceed 6six months, or,or if longer, so long as the participantParticipant retains a right to reemployment with Commercethe Corporation or an Affiliate under an applicable statute or by contract. AFor purposes of this subparagraph, a leave of absenceabsence, including any garden leave or similar leave, constitutes a bona fide leave of absence only if there is a reasonable expectation that the participantParticipant will return to perform services for Commerce.the Corporation or an Affiliate. If the period of leave exceeds 6six months and the participantParticipant does not retain a right to reemployment under an applicable statute or by contract, the employment relationship is deemed to terminate on the first date immediately following such 6 six-month period. Notwithstanding the foregoing,foregoing sentence, where a leave of absence is due to any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 6six months, where such impairment causes the participantParticipant to be unable to perform the duties of his or her position of employment or any substantially similar position of employment, a 29 29-month period of absence shall beis substituted for such 6 six-month period.period in determining whether a termination of employment shall be deemed to have occurred. A termination of employment with the Corporation or an Affiliate to accept immediate reemployment with the Corporation or an Affiliate likewise shall not be deemed to be a termination of employment for purposes of the Plan. A Participant who is classified as an intermittent employee shall be deemed to have a termination of employment for purposes of the Plan.
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