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.
Any of the following events resulting in a cessation of the Employee's employment by the Company during the Agreement Term shall constitute a "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.
If a Participant’s employment with the Company is terminated due to a Disqualifying Termination, participation hereunder shall cease and all of the Participant’s Awards granted under this 2002 Program shall be automatically forfeited.
Similarly, if a Disqualifying Termination occurs after one (1) year, but less than two (2) years following your start date, you agree to repay to FICO an amount of INR 100000/-.
If a Participant's employment with the Company is terminated due to a Disqualifying Termination, participation hereunder shall cease and all of the Participant's Awards granted under this 2002 Program shall be automatically forfeited.