Approved Reason definition

Approved Reason means a reason for terminating employment with the Company which, in the opinion of the Committee, is in the best interest of the Company.
Approved Reason means, with regard to all Participants other than a Participant who is subject to Section 16 of the Exchange Act or a Covered Employee, a reason for terminating employment which, in the opinion of the CEO, is in the best interests of the Company. With regard to a Participant who is subject to Section 16 of the Exchange Act or is a Covered Employee, “Approved Reason” means a reason for terminating employment which, in the opinion of the Committee, is in the best interests of the Company.
Approved Reason means a reason for terminating employment with the Company, which, in the opinion of the Committee, is in the best interests of the Company. The Committee must specifically designate that a Participant has been terminated for an Approved Reason. Absent such determination by the Committee, a Participant cannot be found to have terminated for an Approved Reason.

Examples of Approved Reason in a sentence

  • Yes Name No Phone Make Ready Construction Estimate $ Email Signature Permit # Request Approved Reason for Denial: Denied Capitalized terms used in this request, but not defined, have the meaning set forth in the applicable Addendum to Pole Attachment License Agreement for Attachment of Wireless Facilities or Pole Attachment License Agreement.

  • A(1) and/or (2)): (Attach documentation) I request that the above courses be applied for a lane change in accordance with the labor agreement between the State of Minnesota and the S.R.S.E.A. Signature Date Submitted Approved Date Received Not Approved Reason If Not Approved: Appointing Authority or Designee Date Approved Employee Name: College, University, or Sponsor: Department: Course or program and criterion or criteria under which request being made (refer to Article 25, Section 7, Subd.

  • Name: Address: Phone: I am requesting a reasonable accommodation on behalf of: (Name of Person with Disability or “Self”) Please describe the reasonable accommodation you are requesting and the disability- related reason for your request: Date: Signature: This form, along with any additional information, should be submitted to: If you have any questions, please contact at [ ] Approved Reason: [ ] Denied Sec.

  • It is understood that the Executive Compensation and Development Committee of the Board of Directors of Kodak has deemed an Approved Reason to exist with regard to your restricted stock award dated September 28, 2009, such that 32,608 stock units (less applicable taxes) will be awarded to you as soon as administratively practicable following September 28, 2012.

  • Subject to your satisfaction of the terms of this letter agreement, your termination of employment will, for purposes of any stock options held by you upon your termination, be treated as an "Approved Reason." Thus, you will not forfeit any stock options you hold on the Last Day of Work as a result of your termination of employment under this letter agreement.

  • Subject to your satisfaction of the terms of this letter agreement, Kodak management will recommend to the Compensation Committee that your termination of employment be treated as for an "Approved Reason" pursuant to the terms of Kodak's Leadership Stock Program.

  • The Committee shall have the authority to promulgate rules and regulations to determine the treatment of a Participant under the Plan in the event of such Participant’s death, Disability, Retirement, termination for an Approved Reason and other termination.

  • A(1) and/or (2)): (Attach documentation) I request that the above courses be applied for a lane change in accordance with the labor agreement between the State of Minnesota and the S.R.S.E.A. Signature Date Submitted Approved Date Received Not Approved Reason If Not Approved: Appointing Authority or Designee Date Approved Employee Name: College, University, or Sponsor: Department: Course or program and criterion or criteria under which request being made (refer to Article 24, Section 7, Subd.


More Definitions of Approved Reason

Approved Reason means a reason for terminating employment which the CEO of Kodak determines, in his or her sole and absolute discretion, is in the best interests of the Company.
Approved Reason means a reason for terminating Board membership with the Company which, in the opinion of the Committee, is in the best interests of the Company. Grantee Rights The Grantee shall not have the right to exercise any of the rights or privileges of a shareholder with respect to the shares of Common Stock underlying the RSUs, whether or not vested, until such shares are actually issued to the Grantee. Dividend Equivalent Rights This Award shall include dividend equivalent rights pursuant to Article 10 of the Plan. In the event of the payment of any cash dividend on the Company’s Common Stock with a record date occurring after the Grant Date but before a Vesting Date, the number of unvested RSUs subject to this Award will be credited with additional RSUs subject to the terms of this Award Agreement and to the applicable vesting requirements of the RSUs on which such dividend equivalent rights are paid. The number of RSUs that shall be credited shall be computed by multiplying the dollar value of the dividend paid upon a single share of Common Stock by the number of RSUs on the record date for such dividend and dividing the product thereof by the Fair Market Value of the Common Stock on the payment date for such dividend. In the event of the payment of any stock dividend on the Company’s Common Stock with a record date occurring after the Grant Date but before a Vesting Date, the number of RSUs subject to this Award will be adjusted pursuant to the terms of the Plan, with any additional RSUs from such an adjustment subject to the terms of this Award Agreement and to the applicable vesting requirements of the RSUs on which such adjustment is made. For the avoidance of doubt, if the Grantee makes a timely election to defer payment of the RSUs pursuant to a Company plan that allows for such deferral, the adjustment, if any, for a cash dividend paid on the Company’s Common Stock with a record date occurring after a Vesting Date shall be made pursuant to the terms of the applicable Company plan under which the payment of the RSUs was deferred. Delivery Date Within 30 days after the applicable Vesting Date, but in no event later than March 15 of the calendar year immediately following the calendar year in which the RSUs are no longer subject to a substantial risk of forfeiture for Section 409A purposes, the Company shall issue to the Grantee one Share (or, at the election of the Company, cash equal to the Fair Market Value thereof) for each RSU that vests on such date....
Approved Reason means a reason for terminating Board membership with the Company which, in the opinion of the Committee, is in the best interests of the Company. Grantee Rights The Grantee shall not have the right to exercise any of the rights or privileges of a shareholder with respect to the shares of Common Stock underlying the RSUs, whether or not vested, until such shares are actually issued to the Grantee. Delivery Date Within 30 days after the applicable Vesting Date, but in no event later than March 15 of the calendar year immediately following the calendar year in which the RSUs are no longer subject to a substantial risk of forfeiture for Section 409A purposes, the Company shall issue to the Grantee one Share (or, at the election of the Company, cash equal to the Fair Market Value thereof) for each RSU that vests on such date. Notwithstanding the foregoing, if the Grantee make a timely election to defer payment of the RSUs pursuant to a Company plan that allows for such deferral, then on the date that payment of the RSUs would otherwise have been made to the Grantee, the Company shall instead credit the shares that otherwise would have been paid to the Grantee on such date to a bookkeeping account maintained under the applicable Company plan and payment shall from the Company plan will be made in accordance with its terms. Transferability The RSUs will not in any manner be subject to alteration, anticipation, sale, transfer, assignment, pledge or encumbrance. Continued Service The Grantee’s receipt of this Award does not give the Grantee right to remain in the service of the Company or as a member of the Board.

Related to Approved Reason

  • Good Reason Process means that (i) the Executive reasonably determines in good faith that a “Good Reason” condition has occurred; (ii) the Executive notifies the Company in writing of the first occurrence of the Good Reason condition within 60 days of the first occurrence of such condition; (iii) the Executive cooperates in good faith with the Company’s efforts, for a period not less than 30 days following such notice (the “Cure Period”), to remedy the condition; (iv) notwithstanding such efforts, the Good Reason condition continues to exist; and (v) the Executive terminates his employment within 60 days after the end of the Cure Period. If the Company cures the Good Reason condition during the Cure Period, Good Reason shall be deemed not to have occurred.