CHANGE IN POSITION definition
CHANGE IN POSITION means, as determined by the Committee in its discretion with respect to any Participant, a significant change in such Participant’s employment relationship with the Company, including but not limited to any or all of the following: (i) such Participant’s involuntary termination of employment or services; (ii) a significant reduction in such Participant’s duties, responsibilities, compensation and/or fringe benefits, or the assignment to such Participant of duties inconsistent with his or her position (all as in effect immediately prior to a Change in Control), whether or not such Participant voluntarily terminates employment or services as a result thereof; or (iii) a significant change in the geographic location of the Participant’s primary workplace.
CHANGE IN POSITION means, with respect to any Participant: (i) such Participant's involuntary termination of employment; or (ii) a significant reduction in such Participant's duties, responsibilities, compensation and/or fringe benefits, or the assignment to such Participant of duties inconsistent with his position (all as in effect immediately prior to a Change in Control), whether or not such Participant voluntarily terminates employment as a result thereof.
CHANGE IN POSITION means, as defined in Section 1.3(e) of the Plan, with respect to the Grantee: (i) the Grantee's involuntary termination of employment; or (ii) a significant reduction in the Grantee's duties, responsibilities, compensation and/or fringe benefits, or the assignment to the Grantee of duties inconsistent with Grantee's position (all as in effect immediately prior to a Change in Control), whether or not the Grantee voluntarily terminates employment as a result thereof;
More Definitions of CHANGE IN POSITION
CHANGE IN POSITION means (a) a change in the title, nature or status of responsibilities and reporting obligations of the Participant; (b) a reduction by the Employer in the Participant's annual base salary; or (c) a failure by the Employer to increase the Participant's compensation at a rate commensurate with that of other key executives of the Employer.
CHANGE IN POSITION means, as defined in Section 1.3(e) of the Plan, with respect to the Optionee: (i) the Optionee's involuntary termination of employment; or (ii) a significant reduction in the Optionee's duties, responsibilities, compensation and/or fringe benefits, or the assignment to the Optionee of duties inconsistent with Optionee's position (all as in effect immediately prior to a Change in Control), whether or not the Optionee voluntarily terminates employment as a result thereof;
CHANGE IN POSITION means, as defined in Section 1.4(g) of the Plan, with respect to the Grantee: (i) the Grantee's involuntary [termination of employment] [ceasing to provide services to the Corporation]; or (ii) a significant reduction in the Grantee's duties, responsibilities, compensation and/or fringe benefits, or the assignment to the Grantee of duties inconsistent with Grantee's position (all as in effect immediately prior to a Change in Control), whether or not the Grantee voluntarily terminates [employment] [providing Grantee's services] as a result thereof;