Common use of Qualifying Terminations Clause in Contracts

Qualifying Terminations. The provisions of this Change in Control Schedule apply to any “Qualifying Termination.” A qualifying termination is any of the following from the time of a Change in Control until the two-year anniversary of a Change in Control: (a) The Company terminating your employment without Cause; (b) Your terminating your employment for Good Reason; Also, a Qualifying Termination will include any termination of your employment before a Change in Control for reasons that would have constituted a Qualifying Termination if they had occurred following a Change in Control if (i) the termination (or Good Reason event) was in anticipation of a Change in Control or at the request of a third party who had indicated an intention or taken steps reasonably calculated to effect a Change in Control; and (ii) such Change in Control (or an alternative or competing Change in Control) actually occurs.

Qualifying Terminations. The provisions of this Change in Control Schedule apply to any “Qualifying Termination.” A qualifying termination is any of the following from the time of a Change in Control until the two-year anniversary of a Change in Control: (a) The Company terminating your employment without Cause; (b) Your terminating your employment for Good Reason; Also, a Qualifying Termination will include any termination of your employment before a Change in Control for reasons that would have constituted a Qualifying Termination if they had occurred following a Change in Control if (iA) the termination (or Good Reason event) was in anticipation of a Change in Control or at the request of a third party who had indicated an intention or taken steps reasonably calculated to effect a Change in Control; and (iiB) such Change in Control (or an alternative or competing Change in Control) actually occurs.