Qualifying Event. A Qualifying Event is defined as a loss of coverage as a result of any one of the following occurrences.
Qualifying Event. If a Member has been added or terminated as a result of a Qualifying Event, the addition or termination will be handled according to the statutory requirement for the Qualifying Event. Premiums will be determined in accordance with the provision outlined in Section G.4.a and G.4.b above.
Qualifying Event. Employees may make changes to their insurance as allowable under IRS regulations and in conjunction with the health plan.
Qualifying Event. A Qualifying Event is defined as a loss of cover- age as a result of any one of the following occur- rences.
Qualifying Event. Employees eligible for health insurance who wish to make a change in coverage can do so within thirty (30) calendar days of a qualifying event as allowable under IRS regulations and in conjunction with the health plan (i.e. birth, adoption, change in marital status or loss of present coverage).
Qualifying Event. Venue understands the logistics and planning necessary to carry out the Qualifying Event and agrees to work with TDTD and Xxxxx’s local Convention Visitors Bureau/tourism entity to execute a successful event.
Qualifying Event. Any one of the following events that, but for the Continuation Coverage provisions of the Plan, would result in the loss of a person’s coverage under the Plan:
a. The death of a covered Employee;
b. The termination (other than by reason of a covered Employee’s gross misconduct), or reduction in hours, of the covered Employee’s employment;
c. The divorce or legal separation of the covered Employee from the Employee’s spouse;
d. The covered Employee becoming entitled to benefits under Medicare;
e. A dependent child ceasing to be eligible.
Qualifying Event. Employees eligible for health insurance coverage who are not currently covered, may enroll in either single or family coverage within thirty (30) calendar days of a qualifying event as allowable under IRS regulations and in conjunction with the health plan (i.e. birth, adoption, change in marital status or loss of present coverage).
Qualifying Event. The employee who experiences a qualifying event as defined above and received an Opt-Out cash payment shall repay the City the pro-rated share beginning January 1 through the date in which enrollment in the City’s insurance coverage begins. The repayment amount shall be calculated by the Finance Department and approved by the City Administrator. In the event that the employee does not have sufficient funds to repay the City, a payment plan may be approved by the City Administrator and the pro-rated amount will be repaid no later than 3 months after enrollment in the City’s insurance plan.
Qualifying Event. The Executive shall be deemed to have had a “Qualifying Event” if prior to attaining age 65:
(a) the Executive has an Involuntary Termination or Constructive Involuntary Termination on, or within 36 months after, the date of a Change of Control Event;
(b) the Executive has an Involuntary Termination or Constructive Involuntary Termination within three months prior to the date of a Change of Control Event; or
(c) the Executive has an Involuntary Termination or Constructive Involuntary Termination (i) less than twelve months prior to the date of a Change of Control Event or (ii) while a Change of Control Event is under serious consideration (whether or not it actually occurs), unless (in either case) the Company can establish that the Executive’s Involuntary Termination or Constructive Involuntary Termination was for reasons unrelated to such Change of Control Event. Whether a Qualifying Event has occurred shall be determined separately with respect to each Change of Control Event and each event constituting a Constructive Involuntary Termination or Involuntary Termination. If the event constituting a Constructive Involuntary Termination is a failure by the Company to obtain assumption of this Agreement by any successor as contemplated by Section 12 of this Agreement, the date on which the succession became effective shall be deemed the date of the Qualifying Event. Amounts shall not be paid under Sections 6 and 7 of this Agreement for more than one Qualifying Event. For purposes of subsection (c) above, a Change of Control Event shall be deemed to be “under serious consideration” at any time after negotiations with respect to the possible Change of Control Event have commenced (including, but not limited to, negotiations prior to the execution of a non-binding letter of intent) and at any time after the Company receives direct or indirect notice of a Person’s intent to cause an event that would, if it occurred, result in a Change of Control Event. Serious consideration as described in the preceding sentence shall be deemed to end on the earliest of the date on which such negotiations are abandoned, the Company receives direct or indirect notice that such Person has abandoned efforts to cause the event that would be a Change of Control Event, or the relevant Change of Control Event actually occurs.
