Qualified Termination. “Qualified Termination” means (i) a termination of Executive’s employment by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) outside of the Change in Control Period (a “Non-CIC Qualified Termination”) or (ii) a termination of Executive’s employment either (A) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (B) by Executive for Good Reason, in either case, during the Change in Control Period (a “CIC Qualified Termination”).
Appears in 4 contracts
Samples: Executive Employment Agreement (Nlight, Inc.), Executive Employment Agreement (Nlight, Inc.), Executive Employment Agreement (Nlight, Inc.)
Qualified Termination. “Qualified Termination” means (i) a termination of Executive’s employment by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) outside of the Change in Control Period (a “Non-CIC Qualified Termination”) or (ii) a termination of Executive’s employment either (Ai) by a Company Group member without Cause (excluding by reason of Executive’s death or Disability) or (Bii) by Executive for Good Reason, in either case, during the Change in Control Period (a “CIC Qualified Termination”).
Appears in 3 contracts
Samples: Executive Employment Agreement (Advance Holdings, LLC), Executive Employment Agreement (Advance Holdings, LLC), Executive Employment Agreement (Advance Holdings, LLC)
