Qualified employment definition

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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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.

Qualified employment means an employment position meeting the requirements of this chapter.

Examples of Qualified employment in a sentence

Qualified employment (as defined below) within the state of Wisconsin will meet this requirement.
Qualified employment does not include qualified military service (after becoming a Plan member); see page 24 for a definition of qualified military service.
Qualified employment is full-time employment as a law enforcement officer with a U.S. federal, state, or local law enforcement agency other than the City of Aurora Police Department, U.S. military service for which you were honorably discharged (before becoming a Plan member), and any service with the U.S. Public Health Service Commissioned Corp, provided such service does not result in a benefit under another Plan (other than Social Security).
You may purchase one month of credited service for each month of: • Full-time service as a law enforcement officer with the Aurora Police Department before becoming a Plan member • Qualified employment up to 60 months.
You may purchase one month of credited service for each month of: • Full‐time service as a law enforcement officer with the Aurora Police Department before becoming a Plan member • Qualified employment up to 60 months.
Qualified employment is full‐time employment as a law enforcement officer with a U.S. federal, state, or local law enforcement agency other than the City of Aurora Police Department, U.S. military service for which you were honorably discharged (before becoming a Plan member), and any service with the U.S. Public Health Service Commissioned Corp, provided such service does not result in a benefit under another Plan (other than Social Security).

More Definitions of Qualified employment

Qualified employment means employment of a tier I, tier II, or

Qualified employment means the provision of services localized within the State under COMAR 09.42.02.04 by an employee to an employer.

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

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.