Qualified Employment definition

Qualified Employment means an employment position meeting the requirements of this chapter.
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Qualified Employment means employment or engagement as an officer, employee, consultant or independent contractor in a comparable executive level position consistent with Executive's background and experience.
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Qualified Employment means Optionee’s employment with the Company and its Affiliates. Unless the Administrator provides otherwise, a change in the entity by which the Optionee is employed will not be deemed a termination of Qualified Employment so long as the Optionee continues providing services as an employee to the Company or one of its Affiliates. For the avoidance of doubt, providing consulting services pursuant to the terms of Optionee’s employment agreement shall not constitute Qualified Employment. If Optionee’s relationship is with an Affiliate and that entity ceases to be an Affiliate, the Optionee will be deemed to cease Qualified Employment when the entity ceases to be an Affiliate unless the Optionee transfers Qualified Employment to the Company or its remaining Affiliates.
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Examples of Qualified Employment in a sentence

  • Stage 3: For loans considered credit-impaired, the Company recognizes the lifetime expected credit losses for these loans.

  • Qualified employment (as defined below) within the state of Wisconsin will meet this requirement.

  • Upon graduation from the higher education institution, engages in qualified employment; (3) "Qualified employment", employment as a teacher in a school located in a school district that is not classified as accredited by the state board of education at the time the eligible applicant signs their first contract to teach in such district.

  • Qualified employment position" means a permanent full- time employee employed in the eligible investment project during the entire tax year.

  • Periyakkal’s case (supra), a pro­ perty was auctioned in pursuance of a decree which was purchased by the decree-holder.

  • Qualified employment does not include qualified military service (after becoming a Plan member); see page 24 for a definition of qualified military service.

  • Participate in the ongoing evaluation and review of Physiotherapy services and resources including the identification of Physiotherapy service needs and forward planning to develop the Physiotherapy service.

  • Effective date—2008 c 15: See note following RCW 82.82.010.RCW 82.82.050 Qualified employment positions - Requirements.The qualified employment positions must be filled by the end of the calendar year following the year in which the project is certified as operationally complete.

  • Qualified employment position" means a permanent full-time employee employed in the eligible investment project during the entire tax year.

  • Qualified employment positions do not include those posi­ tions filled by persons hired in excess of the ratio of one employee per required dollar of investment for which a deferral is granted.


More Definitions of Qualified Employment

Qualified Employment means employment of a tier I or tier II
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Qualified Employment means employment that is performed in the State. In addition, employment that is performed partly in the State will be considered qualified in its entirety if the out-of-State employment is incidental to the State employment, including temporary or transitory
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Qualified Employment means continued employment following a Change of Control (i) with total remuneration including benefits and Compensation being substantially the same value as the Employee’s total remuneration immediately before a Change of Control and with a base salary for the first year following a Change of Control in an amount equal to at least ninety-five percent (95%) of the Employee’s Compensation from the Company immediately before the effective date of a Change of Control; (ii) that does not require relocation more than 25 miles from the Employee’s normal working location immediately prior to a Change of Control; (iii) that provides immediate eligibility under an active employees’ medical benefits plan, with medical benefits comparable to benefits provided under the Company’s plans; (iv) that provides some form of paid time off for vacation and illness; (v) that is in a position with duties and responsibilities substantially the same as those applicable to the individual immediately prior to a Change of Control; and (vi) that provides that if the Employee is terminated (other than by reason of death or disability) within eighteen (18) months of a Change of Control through no fault of the Employee, the Employee will be eligible for Severance Benefits under the Plan taking into account the Employee’s prior service with the Company.In no event will a continuation of employment constitute Qualified Employment if the employment fails to provide an Employee with total compensation and benefits that, in the aggregate, are comparable to the Employee’s compensation and benefits immediately prior to a Change of Control.
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Qualified Employment means the employment of a Participant by any Participating Company or Affiliated Company in such a capacity that the Participant receives pay for or is entitled to be paid for at least 40 Hours of Service (not including Hours of Service credited as a result of back pay) during a calendar month.
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Related to Qualified Employment

  • Qualified employee means an individual who:

  • Qualified employer means the federal government.

  • Qualified employment position means a permanent full-time

  • Specified Employee means an employee who at the time of Separation from Service is a key employee of the Bank, if any stock of the Bank is publicly traded on an established securities market or otherwise. For purposes of this Agreement, an employee is a key employee if the employee meets the requirements of Code Section 416(i)(1)(A)(i), (ii), or (iii) (applied in accordance with the regulations thereunder and disregarding section 416(i)(5)) at any time during the twelve (12) month period ending on December 31 (the “identification period”). If the employee is a key employee during an identification period, the employee is treated as a key employee for purposes of this Agreement during the twelve (12) month period that begins on the first day of April following the close of the identification period.

  • Classified employee means a member of the unit.

  • Separation from Service or “Separates from Service” means a “separation from service” within the meaning of Section 409A of the Code.

  • Specified Employees means Xxxxxx X. Xxxxx, Xxxxxx X. Xxxxxx, Xxxx X. XxXxxxx, Xxxxx X. Xxxxxx, Xxxxx X. Xxxxxxxx, Xxxxxx X. Xxxxx, Xxxxxx Uyermatsu, Xxxxxx X. XxXxxx, Xxxxx Xxxxxxx, Xx., Xxxxxx Xxxxxxx, Xx., Xxxxxx X’Xxxxx, Xxxxx Xxxxxx and Xxxx Xxxxxxxxx.

  • Covered employment means employment in a covered position.

  • Salaried Employee means an employee who is not covered by the Fair Labor Standards Act who regularly receives each pay period a predetermined amount constituting all or part of compensation. This base salary cannot be reduced because of variations in the quality or quantity of work performed.

  • Qualified individual with a disability means an individual with a disability who satisfies the requisite skill, experience, education and other job-related requirements of the employment position such individual holds or desires, and who, with or without reasonable accommodation, can perform the essential functions of such position.

  • Ceased employment means anyone who has exited the organisation for whatever reason, including resignations, redundancies and dismissals.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Severance from Service Date means the earlier of:

  • Gainful employment means paid employment for not less than 30 hours in each week for a period of not less than 12 months;

  • Section 409A Change in Control means a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the Company’s assets, as provided in Section 409A(a)(2)(A)(v) of the Code and Treasury Regulations Section 1.409A-3(i)(5) (without regard to any alternative definition thereunder).

  • Separates from Service or “Separation from Service” means the Participant’s termination of service as a non‑employee director and as an employee of UGI for any reason other than death and shall be determined in accordance with section 409A of the Code.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Disability retirement for plan 1 members, means the period

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

  • Severance from Employment means severance from employment with the Employer and any Related Entity. However, a Severance from Employment also occurs on any date on which an Employee ceases to be an employee of a public school, even though the Employee may continue to be employed by a Related Employer that is another unit of the State or local government that is not a public school or in a capacity that is not employment with a public school (e.g., ceasing to be an employee performing services for a public school but continuing to work for the same State or local government employer).

  • 409A Change in Control means a “Change in Control” which also constitutes a change in ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company, all within the meaning of § 409A of the Internal Revenue Code of 1986, as amended (the “Code”).

  • Total Disability means a “permanent and total disability” within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions or conditions as the Committee by rule may include.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Active Employment means you must be actively at work for the Sponsor:

  • Short-Term Disability means short-term disability as defined in the Corporation’s short-term disability plan.

  • Involuntary Termination of Employment means the Termination of Service by the Company or Subsidiary other than a termination for Cause, or termination of employment by a Participant Employee for Good Reason.