Disqualifying Termination definition

Disqualifying Termination. (i) discharge by the Company with Cause; (ii) the Employee’s resignation without Good Reason; (iii) the Employee’s death; or (iv) the Employee’s Permanent Disability.

Disqualifying Termination means a termination of a Participant’s employment with the Company or an Affiliate due to (i) a material violation of any policy of the Company or such Affiliate, including, without limitation, any of the Company’s Business Conduct Policies, or (ii) embezzlement from or theft of property belonging to the Company or such Affiliate.

Disqualifying Termination means a termination of Executive’s employment (i) by the Company for Cause or (ii) by Executive for any reason prior to the fifth (5th) anniversary of the Effective Date. For the avoidance of doubt, neither Executive’s resignation due to his Disability nor a termination of Executive’s employment due to his death will be a Disqualifying Termination.

Examples of Disqualifying Termination in a sentence

• In the event of a Disqualifying Termination, the Employee shall not be entitled to any payments or benefits after the date of such termination, except for (i) payments or extensions of benefits required under applicable laws and (ii) payments of compensation and reimbursement of expenses (in accordance with the terms hereof and the Company’s customary and reasonable practices) properly accrued as of such date.

• Upon a Participant’s Disqualifying Termination of Employment, any unexercised portion of the Option shall be immediately forfeited, including any portion that was then exercisable.

• Upon a Participant’s Disqualifying Termination of Employment, the Participant will immediately forfeit any unpaid portion of the Performance Award as of the date of such Termination of Employment.

• Upon a Participant’s Disqualifying Termination of Employment (as such term is defined below), any portion of the Restricted Stock subject to the Restrictions shall be immediately forfeited.

• Upon termination of the Executive’s employment resulting from a Disqualifying Termination, the award, to the extent unvested, shall be immediately forfeited.

More Definitions of Disqualifying Termination

Disqualifying Termination means a termination of a Participant's employment with the Company (i) due to a violation of any Company policy, including, without limitation, any policy contained in the Company's Business Conduct Manual, (ii) due to embezzlement from or theft of property belonging to the Company, or (iii) while the Participant is assigned an "Unsatisfactory" level of contribution or similar performance rating.

Disqualifying Termination means a termination of your employment by Petco for cause or as a result of your resignation for any reason (other than your resignation in connection with the appointment of a permanent Chief Executive Officer).

Disqualifying Termination means a termination of a Participant’s employment with the Company (i) due to a material violation of any Company policy, including, without limitation, any policy contained in the Company’s Business Conduct Manual, or (ii) due to embezzlement from or theft of property belonging to the Company.

Disqualifying Termination means a termination of a Participant's employment with the Company (i) due to a violation of any Company policy, including, without limitation, any policy contained in the

Disqualifying Termination means a termination of employment for: (i) an act or acts of dishonesty committed by a Participant; or (ii) violations by a Participant of the policies and procedures of the Company which are either grossly negligent or willful and deliberate.

Disqualifying Termination means a termination of a Participant's employment with the Company or an Affiliate due to (i) a material violation of any policy of the Company or such Affiliate, including, without limitation, any policy contained in the Company's Business Conduct Manual, or

Disqualifying Termination means any retirement or termination from employment other than a Qualifying Termination, and, except as otherwise agreed upon in writing by the Company, will include any retirement or termination from employment that occurs after an individual has elected or been notified of a Qualifying Termination but before the date specified for the Qualifying Termination.