Qualified Termination Event definition

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Qualified Termination Event means termination of the Executive’s employment by the Company under the circumstances set forth below in Section 4(d)(i) (Termination by the Company without Cause) or Section 4(d)(ii) (“The Executive’s Resignation for Good Reason”), in any event subject to provisions in Section 4(e).

Qualified Termination Event means (i) a termination of the Covered Executive’s employment by the Company (or its Subsidiary, as applicable) other than for Cause, death or Disability or (ii) the Covered Executive’s resignation from the Company (or its Subsidiary, as applicable) for Good Reason.

Examples of Qualified Termination Event in a sentence

In the event of the Executive’s death after a Qualified Termination Event but prior to the completion by the Company of all payments due to the Executive under this Agreement, the Company shall continue such payments to the Executive’s beneficiary designated in writing to the Company prior to his death (or to the Executive’s estate, if the Executive fails to make such designation).
In the event that a Qualified Transaction is consummated within forty-five (45) days after a Qualified Termination Event, Employee shall be entitled to receive 100% of the Success Bonus.
During the Retention Period, the Executive will continue to participate in the Company’s Amended and Restated Executive Severance Plan (the “Severance Plan”) and shall be entitled to any benefits and payments thereunder in the event of a Qualified Termination Event (as defined in the Severance Plan) subject to the terms and conditions of the Severance Plan, provided that any change to the Executive’s duties set forth herein shall not constitute Good Reason for purposes of the Severance Plan.
In the event of any Qualified Termination Event (whether or not occurring within the Change in Control Period), other than as set expressly forth in the Plan and this Exhibit B, any outstanding equity awards held by an Eligible Executive shall be governed by the terms of the applicable plan and award agreement pursuant to which each such award was granted.
Executive Severance Plan (the “ESP”) and the Participant experiences a Qualified Termination Event (as defined in the ESP) under the ESP, the Options granted hereunder will be treated in accordance with the terms of the ESP.
Notwithstanding Section 3 of the Agreement or Section 5 of the Agreement, as amended by this letter, if after the Trigger Point has been reached and before you are otherwise 100 percent vested pursuant to Section 3 of the Agreement, a Qualified Termination Event occurs after the Company or an affiliate of the Company continuously employs you from March 16, 2000 through the Qualified Termination Event, the Award will be 100 percent vested on the date of the Qualified Termination Event.
Executive Severance Plan (the “ESP”) and the Participant experiences a Qualified Termination Event (as defined in the ESP) under the ESP, then the RSUs granted hereunder will be treated in accordance with the terms of the ESP.
In the event of the Executive’s death after a Qualified Termination Event but prior to the completion by the Company of all payments due to the Executive under this Agreement, the Company shall continue such payments to the Executive’s beneficiary designated in writing to the Company prior to her death (or to the Executive’s estate, if the Executive fails to make such designation).
A Qualified Termination Event shall be your retirement after attaining age 65, your death, or your receiving benefits under the Remington Oil and Gas Corporation Long-Term Disability Plan.

More Definitions of Qualified Termination Event

Qualified Termination Event means the termination of your employment:

Qualified Termination Event means (i) a termination of the Eligible Executive’s employment by the Company other than for Cause, death, or Disability or (ii) for Tier 1 Executive and Tier 2 Executives, the Eligible Executive’s resignation from any member of the Company Group for Good Reason.

Qualified Termination Event means (i) outside of the Change in Control Period, a termination of the Executive’s employment by the Company other than for Cause, death or Disability or (ii) during the Change in Control Period, (x) a termination of the Executive’s employment by the Company other than for Cause, death or Disability or (y) the Executive’s resignation from the Company for Good Reason; provided, however, that if Executive is offered another position with the Company or a Subsidiary at substantially the same or higher base salary and within 50 miles of Executive’s primary office location, and Executive declines to accept such position, the resulting termination of Executive’s employment with the Company shall not be considered a Qualified Termination Event.

Qualified Termination Event means (i) a termination of the Covered Executive’s employment by the Company other than for Cause, death or Disability or (ii) the Covered Executive’s resignation from the Company for Good Reason, in each case, provided that he or she is actively at work or on an approved disability leave, military leave, or leave under the Family and Medical Leave Act as of the Date of Termination.