Bad Leaver definition
Bad Leaver means, unless otherwise specified herein, (i) the Owner's ceasing to be a member of the executive management or an employee of the Company or a subsidiary due to the Owner being dismissed because of the Owner's breach of the employment relationship or (ii) the Owner's ceasing to be an employee of the Company or a subsidiary due to being dismissed during the probationary period applicable to the Owner or not being offered continuous employment after the expiry of the probationary period applicable to the Owner. The Owner’s employment shall in case of dismissal be deemed ceased at the time the notice of termination served by the Company or a subsidiary to the Owner expires.
Bad Leaver means a termination of the Participant’s Employment by the Company or its subsidiary, as applicable, for Cause.
Bad Leaver means a person who has ceased to be employed or engaged by the Company or its subsidiary, in circumstances where they are not a Good Leaver.
Examples of Bad Leaver in a sentence
Any unvested portion of the Restricted Share Units shall immediately terminate upon Holder becoming a Bad Leaver.
Any unexercised portion of the Option shall immediately terminate upon Holder becoming a Bad Leaver.
If the Holder is determined to be a Bad Leaver in connection with a Termination Event, then on or after the Termination Date the Calling Party shall have the right at its election (but not the obligation) to purchase the Holder’s vested Option Shares acquired pursuant to this Agreement at a price equal to the Bad Leaver Call Option Price.
More Definitions of Bad Leaver
Bad Leaver means, unless otherwise specified herein, (i) the Owner's ceasing to be a member of the executive management or an employee of the Company or a subsidiary due to the Owner
Bad Leaver means, unless other- wise provided herein, (i) termina- tion of the Holder's employment re- lationship with the Company or any
Bad Leaver means, unless other- wise provided herein, (i) termina- tion of the Holder's employment re- lationship with the Company or any subsidiary which is due to the Com- pany's termination of the Holder's employment for breach of the em- ployment contract or (ii) termina- tion of the Holder's employment re- lationship with the Company or any subsidiary which is due to the Com- pany's termination of the Holder's employment during the probation period. In case of termination of employment, the Holder's employ- ment will be deemed to have termi- nated on the date when the Holder's termination notice, as given by the Company or such subsidiary, ex- pires.
Bad Leaver means a person who: (a) is no longer employed by the Company as a result of being dismissed for Cause; (b) is under notice of termination by the Company in circumstances where the Company is entitled to dismiss the Participant for Cause; (c) has tendered his resignation except for Good Reason; or (d) is no longer employed by the Company as a result of tendering his resignation except for Good Reason.
Bad Leaver means a person who ceases to be an Employee [at any time during the Relevant Period] as a consequence of:
Bad Leaver means a Participant whose Employment terminates as a result of:
Bad Leaver means any situation in which the Manager ceases to be an Eligible Employee, other than the situation defined as Good Leaver.