Protected Termination means any termination of Executive's employment with the Company (including, without limitation, a Constructive Termination as provided in Section 2.5 below) other than (i) a voluntary termination of such employment by Executive other than as a result of a Constructive Termination; or (ii) a termination by the Company of such employment for cause, which shall mean, for purposes of this Section 1, a termination of Executive's employment by the Company as a result of the occurrence of one or more of the following with respect to Executive: (w) Chronic alcoholism or drug addiction, to the extent discharge therefor is permitted by applicable law; (X) misappropriation of any money of other assets of properties of the Company or any subsidiary of the Company; (y) the conviction of Executive of any felony, or any lesser crime of offense materially and adversely affecting the property, reputation or goodwill of the Company or any of its subsidiaries; or (z) willful or gross neglect by Executive of his duties, or willful misconduct by Executive in connection with the performance of his duties, which neglect or misconduct shall have an adverse effect on the Company or one of its subsidiaries and which shall remain unremedied for thirty (30) days after written notice (indicating with reasonable specificity the events of neglect and/or misconduct) given to Executive by the Company through its Board of Directors.
Protected Termination means a termination of the Grantee’s employment with the Company or a Subsidiary by the Company or such Subsidiary without Cause or by the Grantee with Good Reason.
Protected Termination means, with respect to a Participant, a termination of such Participant’s Service (i) by the Company without Cause, (ii) due to the Participant’s death or Disability, or (iii) by the Participant with Good Reason.
Examples of Protected Termination in a sentence
Has a minimum inside dimension of 25 feet for residential uses, or 20 feet for non-residential uses; and Note: This proposal was reviewed and recommended by the Planning and Zoning Commission.
Delayed Settlement on Occurrence of a Non- Commencement or Discontinuance of an Exchange-traded Contract:[Applicable/Not applicable][ If applicable: Principal Protected Termination Amount: [Applicable/Not applicable] If Principal Protected Termination Amount is applicable: Protected Amount: [specify] per cent.
Principal Protected Termination Amount: Not applicable.25.Knock-in Event:Applicable.
For the avoidance of doubt, it shall not constitute a Protected Termination if the Company terminates the Executive’s employment without Cause but immediately following such termination the Executive continues to be employed as the Chief Legal Officer of Liberty Interactive and Liberty Interactive has assumed the Company’s obligations under this Agreement and has become the Employer under this Agreement.
Principal Protected Termination Amount: Applicable.25.Knock-in Event:Not applicable.26.Knock-out Event:Not applicable.27.Method of distribution:Non-syndicated.PROVISIONS RELATING TO INTEREST PAYABLE28.Interest:Applicable.
More Definitions of Protected Termination
Protected Termination means termination of Executive’s employment:
Protected Termination has the meaning specified in Section 3(c).
Protected Termination means a termination of Executive’s employment (i) by the Company without Cause or by the Executive for Good Reason, which in either case occurs within twenty four (24) months after a Change in Control or (ii) by the Board without Cause on or before the date of a Change in Control in anticipation of such Change in Control or at the request of a potential acquirer of the Company, or its directors, officers, or agents, which has indicated an intent or taken steps reasonably calculated to effect a Change in Control and a Change in Control actually occurs. A termination of Executive’s employment at any time by reason of death or Total Disability, by the Company for Cause, or by the Executive without Good Reason does not constitute a Protected Termination.
Protected Termination has the meaning specified in the Employment Agreement. “Release Conditions” means the requirements set forth in Section 7.G. of the Employment Agreement that you deliver a “Release” (as defined in the Employment Agreement) in accordance with such Section in order to receive certain benefits upon a termination of your employment under certain circumstances.
Protected Termination has the meaning specified in the Employment Agreement.“QVC” means QVC, Inc., a Delaware corporation that is a wholly-owned subsidiary of the Company.“Release Condition” means the requirements set forth in Section 9.H of the Employment Agreement that you deliver a “Release” (as defined in the Employment Agreement) in accordance with such Section in order to receive certain benefits upon a termination of your employment pursuant to Section 9.A., Section 9.C., Section 9.E. or Section 9.G. of the Employment Agreement. Vesting Terms upon Protected Termination prior to end of Performance Period: Notwithstanding Section 3(d)(i) of the Agreement, if your employment with the Company or its Subsidiaries terminates prior to the end of the Performance Period pursuant to a Protected Termination (other than a Protected Termination pursuant to Section 9.G (Protected Termination Following a Change of Control of QVC) of the Employment Agreement) and the Release Condition is timely met in accordance with the Employment Agreement, the Restricted Stock Units will remain outstanding until the Certification Date and will thereafter vest in accordance with Section 3(a) as if you had remained actively employed with the Company or its Subsidiaries from the Grant Date through the Certification Date to the extent the Plan Administrator certifies they have vested in accordance with such Section. Vesting Terms upon Protected Termination after the end of the Performance Period: Notwithstanding Section 3(d)(ii) of the Agreement, if you remain employed with the Company or a Subsidiary until the last day of the Performance Period, and your employment is then terminated by the Company or a Subsidiary, as applicable, pursuant to a Protected Termination on or after the last day of the Performance Period, but prior to the Certification Date, the Restricted Stock Units will remain outstanding until the Certification Date and will thereafter vest in accordance with Section 3(a) as if you had remained actively employed with the Company or its Subsidiaries from the Grant Date through the Certification Date to the extent the Plan Administrator certifies they have vested in accordance with such Section. Vesting Terms upon Protected Termination Following a Change of Control of QVC: Notwithstanding Section 3(d)(i) or Section 3(d)(v) of the Agreement, if your employment with the Company or its Subsidiaries is terminated prior to the Certification Date in a Protected Termination pursuant to Se...
Protected Termination means either termination of the Holder's employment by the Corporation without Cause or resignation of the Holder from employment with the Corporation with Justification.
Protected Termination means, with respect to a Participant, a termination of such Participant’s Service (i) by the Company without Cause, (ii) due to the Participant’s death or Permanent Disability, or (iii) by the Participant with Good Reason.