Qualified Position definition

Qualified Position means a position that:
Qualified Position is an executive officer position with the entity surviving the Change in Control with substantially the same responsibilities as those held by the Executive on the date of the Change in Control. Also, notwithstanding the foregoing, if the Company determines that the amounts payable to Executive under this employment agreement, when considered together within the other amounts payable to Executive as a result of a Change in Control, cause such payments to be treated as excess parachute payments within the meaning of Section 280G of the Internal Revenue Code, the Company shall reduce the amount payable to Executive under this Section 4(d) to an amount that will not subject Executive to the imposition of tax under Section 4999 of the Internal Revenue Code; provided, however, that this provision shall apply only to payments to be made under this employment agreement and shall not cause the reduction of any other payments to be made to Executive by the Company.
Qualified Position means a position of employment in North Carolina that meets the criteria for Loan forgiveness for a designated Approved Education Program that are established annually by the Authority.

Examples of Qualified Position in a sentence

  • For all Prizes: No cash equivalent for the prize, prize is non-transferable and no substitution will be made except as provided herein at the Sponsor’s sole discretion.

  • Qualified position" means at least half-time employment by a public or participating private institution of higher education, of which a majority of the time includes the classroom, clinical, and lab instruction required to earn a degree or certificate in nursing.

  • A Language Qualified Flight Attendant who works in a designated Language Qualified position will be provided an override of $2 .50 for each block hour actually flown and for all credited time in the designated Language Qualified position except sick/occupational leave and vacation .

  • The Judicial Pardon will remain in the minor’s criminal record until they reach the age of 21.Because of the focus on rehabilitation, enabled by alternative sentencing options, particularly Probation, Italy’s rate of youth recidivism (both as youths and then once they are adults) is incredibly low and only a small percentage of offenders go on to reoffend.

  • Flight Attendants designated as Language Qualified may bid on any Flight Attendant position and all positions will be filled in seniority order, except that only those qualified in the designated language will be eligible to be awarded a Language Qualified position.


More Definitions of Qualified Position

Qualified Position is an Employee officer position with the entity surviving the Change in Control with substantially the same responsibilities as those held by the Employee on the date of the Change in Control. Also, notwithstanding the foregoing, if the Company determines that the amounts payable to Employee under this employment agreement, when considered together within the other amounts payable to Employee as a result of a Change in Control, cause such payments to be treated as excess parachute payments within the meaning of Section 280G of the Internal Revenue Code, the Company shall reduce the amount payable to Employee under this Section 4(d) to an amount that will not subject Employee to the imposition of tax under Section 4999 of the Internal Revenue Code; provided, however, that this provision shall apply only to payments to be made under this employment agreement and Employee by the Company.
Qualified Position means a person occupying a position who is qualified to attest, at a minimum to: (1) the validity and appropriateness of the PHA performed pursuant to Section 2760.2; (2) the completeness of a risk management plan; and (3) the relationship between the corrective steps taken by the owner or operator following the PHAs and those hazards which were identified in the analyses.
Qualified Position means a person occupying a position who is qualified to attest, at a minimum to: (1) the validity and appropriateness of the PHA performed pursuant to Section 2760.2; (2) the completeness of a risk management plan; and (3) the relationship
Qualified Position means an employment position with Buyer having substantially similar duties, responsibilities and compensation as the position held by such employee with Seller prior to the Effective Time and which position is located in Seattle, Washington.
Qualified Position means at least half-time employment by a public or participating private institution of higher education, of which a majority of the time includes the classroom, clinical, and lab instruction required to earn a degree or certificate in nursing.
Qualified Position is an executive officer position with the entity surviving the Change in Control with substantially the same responsibilities as those held by the Executive on the date of the Change in Control. Also, notwithstanding the foregoing, if the Company determines that the amounts payable to Contractor under this Agreement, when considered together within the other amounts payable to Contractor as a result of a Change in Control, cause such payments to be treated as excess parachute payments within the meaning of Section 280G of the Internal Revenue Code, the Company shall reduce the amount payable to Contractor under this Section 4(d) to an amount that will not subject Contractor to the imposition of tax under Section 4999 of the Internal Revenue Code; provided, however, that this provision shall apply only to payments to be made under this Agreement and shall not cause the reduction of any other payments to be made to Contractor by the Company.
Qualified Position is an executive officer position with the entity surviving the Change in Control, with substantially the same responsibilities as those held by the Vice President and Chief Financial Officer of Fiberite as of the date of this Agreement, which position reports directly to the Chief Executive Officer of Fiberite in place immediately prior to the Change of Control. Also notwithstanding the foregoing, if Fiberite determines that the amounts payable to Employee under this Agreement, when considered together with any other amounts payable to Employee as a result of a Change in Control, cause such payments to be treated as excess parachute payments within the meaning of Section 280G of the Internal Revenue Code, Fiberite shall reduce the amount payable to Employee under this Section 6.3 to an amount that will not subject Employee to the imposition of tax under Section 4999 of the Internal Revenue Code. For purposes of this Section 6.3, the term "Fiberite" includes both Fiberite, Inc. and Fiberite Holdings, Inc., in that Employee will receive the aforementioned additional severance compensation upon: (1) a Change of Control of either Fiberite, Inc. or Fiberite Holdings, Inc. and (2) the other conditions set forth herein are met.