Qualifying Employee definition
Examples of Qualifying Employee in a sentence
Grantee accepts as binding, conclusive and final all decisions or interpretations of the applicable Administrator of the Plan upon any question arising under the Plan, this Agreement (including, without limitation, the date of any termination of Grantee’s employment with the Company and/or termination of Qualifying Employee status).
In the event that the Company shall issue any shares of Common Stock to, or repurchase any shares of Common Stock from, any Affiliate, other than Qualifying Employee Stock, such issuance or repurchase shall be on terms no less favorable to the Company than those obtainable by a party who is not such an Affiliate.
The Grantee accepts as binding, conclusive and final all decisions or interpretations of the applicable Administrator of the Plan upon any question arising under the Plan, this Agreement (including, without limitation, the date of any termination of the Grantee’s employment with the Company and/or termination of Qualifying Employee status).
The Trustees shall acquire Shares on behalf of the Qualifying Employee using the Partnership Share Money.
Qualifying Employee, for the purposes of this section, will be a regularly employed Bus Driver/Attendant who works at least twenty (20) hours per week on a scheduled set of routs.