Qualifying Event definition

Qualifying Event means, during the Participant’s Services with the Company and its Affiliates, the Participant’s death or Disability.
Qualifying Event means, with respect to any covered employee, any of the following events which, but for the continuation coverage required under 42 U.S.C. Chapter 6A, Subchapter XX, would result in the loss of coverage of a qualified beneficiary:
Qualifying Event means one or more of the following:

Examples of Qualifying Event in a sentence

  • If, however, an individual who otherwise qualifies as a Qualified Beneficiary is denied or not offered coverage under the Plan under circumstances in which the denial or failure to offer constitutes a violation of applicable law, then the individual will be considered to have had the coverage and will be considered a Qualified Beneficiary if that individual experiences a Qualifying Event.

  • A Qualifying Event will occur, however, if an Employee does not return to employment at the end of the FMLA leave and all other COBRA continuation coverage conditions are present.

  • The Plan will offer COBRA continuation coverage to Qualified Beneficiaries only after the Plan Administrator or its designee has been timely notified that a Qualifying Event has occurred.

  • The maximum coverage periods are based on the type of the Qualifying Event and the status of the Qualified Beneficiary, as shown below.

  • If the Qualifying Event causes the covered Employee, or the covered Spouse or a Dependent child of the covered Employee, to cease to be covered under the Plan under the same terms and conditions as in effect immediately before the Qualifying Event, the persons losing such coverage become Qualified Beneficiaries under COBRA if all the other conditions of COBRA are also met.


More Definitions of Qualifying Event

Qualifying Event has the meaning accorded such term in Section 3.01.
Qualifying Event means any of the following:
Qualifying Event means any of the following events that, but for COBRA continuation coverage, would result in a Member’s loss of coverage:
Qualifying Event means those matters specified in this Contract as being a Qualifying Event;
Qualifying Event means the termination of Executive’s employment by the Company without Cause (other than by reason of Executive’s death or disability).
Qualifying Event means the occurrence of one of the following within the Change in Control Period:
Qualifying Event shall have the meaning set forth in Section 4.