Examples of Qualified Position in a sentence
If within six (6) months of a Change in Control, as that term is defined herein, Employee's employment is terminated for other than good cause or Employee refuses to accept or voluntarily resigns from a position other than a Qualified Position, as that term is defined herein, Employee shall receive additional severance compensation in an amount equal to two (2) years of his then current Base Salary plus applicable target bonus.
At all times during the repayment period, the Borrower shall be (1) employed in a Qualified Position, (2) making cash payments, or (3) in a period of Deferment or Forbearance.
Loans that are not forgiven through employment in a Qualified Position must be repaid in cash.
Interest continues to accrue throughout the repayment period, including while the Borrower is employed in a Qualified Position, while the Borrower is making cash payments, and during any period of Deferment or Forbearance..0403.
Within thirty (30) days of beginning employment in a Qualified Position, the Borrower shall submit written verification of that employment to the Authority in a form acceptable to the Authority.