Disqualifying Termination of Employment means a Participant’s Termination of Employment by the Company for Cause.]
Disqualifying Termination of Employment means an Executive Officer Participant’s Termination of Employment by the Company for Cause.
Disqualifying Termination of Employment means a Participant’s Termination of Employment by the Company for Cause.
Examples of Disqualifying Termination of Employment in a sentence
Upon a Participant’s Disqualifying Termination of Employment, the Participant’s PRSUs shall be immediately forfeited.
Upon a Participant’s Disqualifying Termination of Employment, the Participant will immediately forfeit any unpaid portion of the Performance Award as of the date of such Termination of Employment.
Upon a Participant’s Disqualifying Termination of Employment (as such term is defined below), any portion of the Restricted Stock subject to the Restrictions shall be immediately forfeited.
More Definitions of Disqualifying Termination of Employment
Disqualifying Termination of Employment means an Executive Officer Participant’s Termination of Employment by the Company for Cause. (C)“Qualifying Termination of Employment” means an Executive Officer Participant’s Termination of Employment (1) by the Company without Cause or (2) due to death or Disability. (D) For purposes of this Section 7(b)(ii), if an Executive Officer Participant incurs a Termination of Employment by reason of (1) a voluntary resignation (including the Termination of Employment by the Participant if he or she is employed by an Affiliate at the time the Company sells or otherwise divests itself of such Affiliate) or (2) Retirement, the Restrictions shall lapse and be of no further force or effect on the date there is a payout under the Profit Sharing Program as if such Executive Officer Participant’s employment had continued through such date.
Disqualifying Termination of Employment means an Executive Officer Participant's Termination of Employment by the Company for Cause. (A)“Qualifying Termination of Employment” means an Executive Officer Participant's Termination of Employment (1) by the Company without Cause; or (2) due to death or Disability. (D) For purposes of this Section 7(b)(ii), if an Executive Officer Participant incurs a Termination of Employment by reason of (1) a voluntary resignation (including the Termination of Employment by the Participant if he is employed by an Affiliate at the time the Company sells or otherwise divests itself of such Affiliate); or (2) Retirement, the Restrictions shall lapse and be of no further force or effect on the date there is a payout under the Profit Sharing Program as if such Executive Officer Participant's employment had continued through such date. (E) For purposes of the MIP, “Retirement” means a Termination of Employment (other than for Cause or death) either: (1) on or after a Participant's 62nd birthday provided that such Participant has completed at least 5 years service since his or her most recent hire date with the Company (or an Affiliate or former Affiliate); or (2) on or after a Participant's 52nd birthday provided that such Participant has completed at least 10 years service since his or her most recent hire date with the Company (or an Affiliate or former Affiliate).
Disqualifying Termination of Employment means an Executive Officer Participant’s Termination of Employment (1) by reason of a voluntary resignation; or (2) by the Company for Cause.
Disqualifying Termination of Employment is termination of employment due to intentional and continuous failure to perform, misconduct that materially injures the Company, gross negligence, conviction of a felony, resignation, or inability, with reasonable accommodation, to perform the essential functions of your job position. Period, then you will be entitled to payment of an amount equivalent to no less than your target award (55%) under the GenOn Energy, Inc. Annual Incentive Compensation Plan or any successor plan (“AICP”) applicable to your position for the calendar year in which your termination occurs (the “Termination Year”), prorated based on the number of calendar days that you were employed by the Company (and its parents, subsidiaries and affiliates) during the Termination Year.