Qualifying Termination definition

Qualifying Termination means a termination of the Executive’s employment either (i) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (ii) by the Executive for Good Reason, in either case, during the Change in Control Period (a “Qualifying CIC Termination”) or outside of the Change in Control Period (a “Qualifying Non-CIC Termination”).
Qualifying Termination means a Termination of Service by reason of (i) the Participant’s death, (ii) a termination by the Company, the Partnership or any Subsidiary due to the Participant’s Disability, (iii) a termination by the Company, the Partnership or any Subsidiary other than for Cause, or (iv) a termination by the Participant for Good Reason.
Qualifying Termination means a termination of Executive's employment with the Company for any reason other than:

Examples of Qualifying Termination in a sentence

  • Restrictions in the Event of [a Qualifying Termination][,] [Conflicted Employment] [or] Death.

  • Executive Severance Plan and if the Optionee's employment with the Company, any Subsidiary and/or any Affiliate is terminated due to a Qualifying Termination as such term is defined in the Globe Life Inc.

  • In the event of such Qualifying Termination, there shall be no acceleration of vesting, but the Option shall continue to vest in accordance with its regular schedule and may only be exercised to the extent it is or becomes exercisable prior to such Qualifying Termination.

  • In the event of your [Qualifying Termination][,] [Conflicted Employment] [or] death, [each] as described below, then Paragraph 9[(a)][(b)] will not apply and your Restricted Shares will be treated as described in this Paragraph 12, and, except as set forth in Paragraph 12[(a)][(b)], all other terms of this Award Agreement continue to apply, including the other forfeiture and repayment events in Paragraphs 9 and 10 [and the MRT Appendix].

  • If your Employment terminates when you meet the requirements of a Qualifying Termination, your Restricted Shares that are not yet Vested will become Vested and Transfer Restrictions will cease to apply.


More Definitions of Qualifying Termination

Qualifying Termination means any of the events described in Section 3.2 herein, the occurrence of which triggers the payment of Severance Benefits hereunder.
Qualifying Termination means the termination of your employment after a Change in Control of the Company while this Agreement is in effect, unless such termination is (a) by reason of your death or Disability, (b) by the Company for Cause, or (c) by you other than for Good Reason.
Qualifying Termination means the date on which the Executive’s employment is terminated by the Company without Cause as provided in Section 3(e), or the Executive terminates employment for Good Reason as provided in Section 3(f).
Qualifying Termination means a termination of Employee’s employment by the Company without Cause (excluding by reason of Employee’s death or Disability) outside of the Change in Control Period.
Qualifying Termination means a CIC Qualifying Termination or a Non-CIC Qualifying Termination, as applicable.
Qualifying Termination means a Separation resulting from (i) the Company’s termination of the Executive’s employment for any reason other than Cause within twelve (12) months after a Change in Control or (ii) the Executive’s voluntary resignation of his or her employment for Good Reason between the date that is four (4) months following a Change in Control and the date that is twelve (12) months following a Change in Control, provided however, that the grounds for Good Reason may arise at any time within the twelve (12) months following the Change in Control.
Qualifying Termination means one of the following: