Good Leaver Termination definition

Good Leaver Termination with respect to the Participant, means any termination of the Participant’s services to the Company that is: (A) due to the Participant’s death, (B) due to the Participant’s Disability, (C) due to the Participant’s Retirement, or (D) due to a termination of services by the Company without Cause, in the case of each of the foregoing clauses (A) through (D), circumstances constituting Cause do not exist at the time of termination.
Good Leaver Termination. (i) the failure to maintain Executive in the position, or a substantially equivalent or superior position, with the Company and/or with a direct or indirect parent company of the Company that Executive held immediately prior to the Commencement Date, which is not remedied by the Company within 10 calendar days after receipt by the Company of notice from Executive of such failure;
Good Leaver Termination means the termination of the Participant’s service with the Company, or an Affiliate, without Cause or due to the Participant’s resignation with Good Reason;

Examples of Good Leaver Termination in a sentence

  • Any unvested RSUs that do not vest pursuant to the foregoing sentence shall be forfeited immediately and automatically to the Company, without the payment of any consideration to the Participant, effective upon the Good Leaver Termination.

  • All changes in the net position are reported when the underlying event giving rise to the change occurs, regardless of the timing of related cash flows.

  • Any unvested portion of the options that does not vest pursuant to the foregoing sentence shall terminate immediately and automatically effective upon the Good Leaver Termination.

  • The vesting conditions relating to the Performance Rights are as follows: o Each Tranche 1 Performance Right will vest upon the first to occur of: (i) the Company obtaining a credit approved term sheet and committed equity to fund the construction and commissioning of the Company’s Goulamina project, including working capital and cost overruns; (ii) a Change of Control Event; and (iii) a Good Leaver Termination Event.

  • Xxxxx and the Companies mutually agree that Xxxxx'x employment with the Companies shall cease effective the Date of Termination, and that the cessation of Xxxxx'x employment shall be treated as a "Good Leaver Termination" for purposes of the Employment Agreement and a "Qualifying Termination" for purposes of the Severance Plan.


More Definitions of Good Leaver Termination

Good Leaver Termination means any Termination of Duties which occurs further to the death, Invalidity, Dismissal without Cause of the Beneficiary at any time, or Resignation of the Beneficiary after December 31, 2017 resulting from a significant and good faith disagreement with Obligor’s management of the Company’s business.
Good Leaver Termination with respect to the Participant, means any termination of the Participant’s services to the Company that is: (A) due to the Participant’s death, (B) due to the Participant’s Disability, or (C) due to a termination of services by the Company (x) because the Company determines in its sole discretion to eliminate or otherwise restructure the Participant’s position, unless the Participant is offered another position within the Company, or (y) due to the sale of a facility, division, or subsidiary, unless the Participant is offered another position by the purchaser, but only if, in the case of each of the foregoing clauses (A) through (C), circumstances constituting Cause do not exist at the time of termination.
Good Leaver Termination means a termination of the Grantee’s employment with the Company or an Affiliate due to the Grantee’s Retirement, Disability or death.
Good Leaver Termination means the Grantee’s termination of Employment by the Company without Cause, the Grantee’s resignation for Good Reason, or the Grantee’s termination of Employment by reason of his death or Disability.
Good Leaver Termination means any Termination of Duties which occurs further to the death, Invalidity, Dismissal without Cause of the Obligor at any time, or Resignation of the Obligor after December 31, 2017 resulting from a significant and good faith disagreement with Beneficiary’s management of the Company’s business.
Good Leaver Termination means the termination of the RSU Participant’s service with the Corporation, or an Affiliate and its Affiliates, without Cause or due to the RSU Participant’s resignation with Good Reason;
Good Leaver Termination means, with respect to any holder of a New Holdco Stock Option or a New Holdco RSU granted in accordance with Section 1.12(d) or (e), a termination of his or her employment or service under the circumstances described in Section 9(2)(a), 9(3) or 9(4) of the Linde LTIP.