Common use of Qualifying Termination Clause in Contracts

Qualifying Termination. A Qualifying Termination shall occur if: (a) The Executive incurs a Separation from Service because of an involuntary termination of the Executive’s employment by the Company for reasons other than Cause, Disability or death; or (b) The Executive incurs a Separation from Service because of a voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive.

Appears in 17 contracts

Sources: Executive Severance Agreement (Arcadium Lithium PLC), Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp)

Qualifying Termination. A Qualifying Termination shall occur if: Termination” means either (ai) The Executive incurs a Separation from Service because of an involuntary termination of the Company terminates Executive’s employment by with the Company for reasons a reason other than (A) Cause, (B) Executive’s death, or (C) Executive’s Disability or death; or (bii) The Executive incurs a Separation from Service because of a voluntary termination by the Executive resigns for Good Reason pursuant to a Notice of Termination delivered to the Company by the ExecutiveReason.

Appears in 9 contracts

Sources: Change in Control and Severance Agreement (Pacific Biosciences of California, Inc.), Change in Control and Severance Agreement (Pacific Biosciences of California, Inc.), Change in Control and Severance Agreement (Pacific Biosciences of California, Inc.)

Qualifying Termination. A Qualifying Termination Termination” shall occur if: mean (ai) The Executive incurs a Separation from Service because of an Executive’s involuntary termination of the employment without Cause or (ii) Executive’s employment by the Company for reasons other than Cause, Disability or death; or (b) The Executive incurs a Separation from Service because of a voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the ExecutiveReason.

Appears in 8 contracts

Sources: Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.), Employment Agreement (Triumph Bancorp, Inc.)

Qualifying Termination. A "Qualifying Termination Termination" shall occur if: mean the Executive's (ai) The Executive incurs a Separation from Service because of an involuntary termination of the Executive’s employment by the Company for reasons other than without "Cause, Disability ;" or death; or (bii) The Executive incurs a Separation from Service because of a voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive's resignation from employment for "Good Reason."

Appears in 7 contracts

Sources: Executive Retention Agreement (Kinetic Concepts Inc), Executive Retention Agreement (Kinetic Concepts Inc /Tx/), Executive Retention Agreement (Kinetic Concepts Inc /Tx/)

Qualifying Termination. A Qualifying Termination shall occur ifbe the occurrence of any one of the following events: (a) The Executive incurs a Separation from Service because of an involuntary Company’s termination of the Executive’s employment by the Company for reasons other than without Cause, Disability or death; orand (b) The Executive incurs a Separation from Service because termination of a voluntary termination employment by the Executive for Good Reason pursuant to Reason. For purposes of this Agreement, a Notice of Qualifying Termination delivered to the Company by shall not include the Executive’s termination of employment by reason of death or Disability, or the Executive’s voluntary retirement or other voluntary termination for reasons other than as specified in Section 2.2(b), or the Company’s termination for Cause.

Appears in 4 contracts

Sources: Executive Change in Control Severance Agreement (Woodward, Inc.), Executive Change in Control Severance Agreement (Woodward, Inc.), Executive Change in Control Severance Agreement (Woodward Governor Co)

Qualifying Termination. A Qualifying Termination shall occur if: : (a) The Executive incurs a Separation from Service because of an involuntary termination of the Executive’s employment by the Company for reasons other than Cause, Disability or death; or death; or (b) The Executive incurs a Separation from Service because of a voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive.

Appears in 2 contracts

Sources: Severance Agreement (Livent Corp.), Executive Severance Agreement (Livent Corp.)

Qualifying Termination. A Qualifying Termination shall occur if: (a) The Executive incurs a Separation from Service because of an involuntary termination of the Executive’s employment by the Company for reasons other than Cause, Disability or deathdeath ; or (b) The Executive incurs a Separation from Service because of a voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive.

Appears in 1 contract

Sources: Executive Severance Agreement (FMC Corp)

Qualifying Termination. A Qualifying Termination shall occur if: : (a) The Executive incurs a Separation from Service because of an involuntary termination of the Executive’s employment by the Company for reasons other than Cause, Disability or death; or (b) The Executive incurs a Separation from Service because of a voluntary termination by the Executive for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive.

Appears in 1 contract

Sources: Executive Severance Agreement (FMC Corp)

Qualifying Termination. A Qualifying Termination shall occur if: (a) The Executive incurs a Separation from Service because of an involuntary termination of the Executive’s employment by with the Company for reasons shall have occurred if either (i) the Company terminates Executive’s employment other than Cause, for Cause (defined herein) and other than on account of Disability (defined herein) or death; or , or (bii) The Executive incurs a Separation from Service because of a voluntary termination by the Executive terminates his employment for Good Reason pursuant to a Notice of Termination delivered to the Company by the Executive(defined herein).

Appears in 1 contract

Sources: Retention Agreement (Cna Financial Corp)