Qualifying Offer. The term "Qualifying Offer" shall mean a written ---------------- offer of employment to Executive which: (i) shall be for a period of not less than five years from the Scheduled Termination Date, (ii) shall include the types of compensation contained in this Agreement, (iii) shall constitute a reasonable offer taking into account Executive's compensation set forth in this Agreement; (iv) the Company's financial and operating performance during the term of this Agreement; (v) any other then-current circumstances relevant to the determination of Executive's compensation by Company for the period specified in (i); (vi) shall not contain any terms or provisions which reduce Executive's title or duties as stated herein, and (vii) shall state that it is irrevocable for 30 days from the date of delivery thereof.
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Samples: Employment Agreement (Divot Golf Corp), Employment Agreement (Divot Golf Corp), Employment Agreement (Divot Golf Corp)
Qualifying Offer. The term "Qualifying Offer" shall mean a ---------------- written ---------------- offer of employment to Executive which: (i) shall be for a period of not less than five years from the Scheduled Termination Date, (ii) shall include the types of compensation contained in this Agreement, (iii) shall constitute a reasonable offer taking into account Executive's compensation set forth in this Agreement; (iv) the Company's financial and operating performance during the term of this Agreement; (v) any other then-current circumstances relevant to the determination of Executive's compensation by Company for the period specified in (i); (vi) shall not contain any terms or provisions which reduce Executive's title or duties as stated herein, and (vii) shall state that it is irrevocable for 30 days from the date of delivery thereof.
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