Common use of CIC Qualifying Termination Clause in Contracts

CIC Qualifying Termination. “CIC Qualifying Termination” means your termination of employment with the Company (or any parent or subsidiary of the Company) within the Change in Control Period by (i) you for Good Reason, or (ii) the Company (or any parent or subsidiary of the Company) without Cause (excluding by reason of your death or Disability) such that, as a result of any termination described in this definition, you are no longer employed by the Company or any of its affiliates.

Appears in 5 contracts

Samples: Appointment as Temporary Chief Executive Officer (Solid Power, Inc.), Executive Change in Control and Severance Plan Participation Agreement (Solid Power, Inc.), Confirmatory Employment Letter (Solid Power, Inc.)

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CIC Qualifying Termination. CIC Qualifying Termination" means your termination of employment with the Company (or any parent or subsidiary of the Company) within the Change in Control Period by (i) you for Good Reason, or (ii) the Company (or any parent or subsidiary of the Company) without Cause (excluding by reason of your death or Disability) such that, as a result of any termination described in this definition, you are no longer employed by the Company or any of its affiliates.

Appears in 1 contract

Samples: Confirmatory Employment Letter (Solid Power, Inc.)

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CIC Qualifying Termination. “CIC Qualifying Termination” means your termination of employment with the Company (or any parent or subsidiary of the Company) within the Change in Control Period by (i) you for Good Reason, or (ii) the Company (or any parent or subsidiary of the Company) without Cause (excluding by reason of your death or Disability) such that, as a result of any termination described in this definition, you are no longer employed by the Company or any of its affiliates.. ​

Appears in 1 contract

Samples: Confirmatory Employment Letter (Solid Power, Inc.)

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