Qualifying Change in Control Termination definition

Qualifying Change in Control Termination means, in the context of any Participant other than a Nonemployee Director, a Participant’s Termination of Employment during the Protection Period due to: (i) a termination of employment by the Company for any reason other than Cause, death or Disability; or (ii) a termination of employment by the Participant due to Constructive Termination.
Qualifying Change in Control Termination means that: (i) your Termination Date occurred on or within three (3) months before or twelve (12) months after a Change in Control; and (ii) your termination was because the Company terminated your employment without Cause or because you resigned your employment for Good Reason.
Qualifying Change in Control Termination means any of the events described in Section 5.3 herein, the occurrence of which triggers the payments of Change-in-Control Severance Benefits hereunder.

Examples of Qualifying Change in Control Termination in a sentence

  • Upon a Qualifying Change in Control Termination, our CEO will be entitled to receive continued salary payments for 18 months and each other NEO will be entitled to receive continued salary payments for 12 months.

  • If a Participant holds any nonvested Restricted Stock or Performance Cash Awards upon a Termination of Employment due to death, Disability, Retirement, Impaction or a Qualifying Change in Control Termination, the vesting of the Restricted Stock or Performance Cash Awards upon such Termination of Employment shall be determined in accordance with the terms of the Award Document for such Awards.

  • If the Participant’s Separation from Service due to death, Disability, Retirement, Impaction or a Qualifying Change in Control Termination occurs during the period of time during which the Restricted Stock Rights are subject to restrictions based on meeting performance requirements, the Participant’s Restricted Stock Rights shall vest and become payable as described in Section 11.1(a)(iii)(2).

  • The overall goal emphasises that these dimensions need to be addressed.

  • For certain roles in the industry communication, time management, client handling, and professionalism play a key part in representing a brand and providing reliable service.


More Definitions of Qualifying Change in Control Termination

Qualifying Change in Control Termination means a Participant’s Termination by the Employer without Cause (and other than as a result of the Participant’s death or during the Participant’s Disability) or by the Participant as a result of a Constructive Termination during the two-year period beginning on the date of a Change in Control; provided, however, it shall not be considered a Qualifying Termination if:
Qualifying Change in Control Termination means a Participant’s Termination by the Employer without Cause (and other than as a result of the Participant’s death or during the Participant’s Disability) or by the Participant as a result of a Constructive Termination, in each case, within the period beginning 90 days prior to the consummation of a Change in Control and ending on the second anniversary of the date of such Change in Control; provided, however, it shall not be considered a Qualifying Change in Control Termination if:
Qualifying Change in Control Termination means a termination of employment as described in Section 3 below that occurs within the period beginning ninety (90) days prior to a Change in Control and ending on the second anniversary of such Change in Control.
Qualifying Change in Control Termination means either (i) Executive’s employment is terminated by the Company without Cause, at the request of a party (other than the Company) involved in a Change in Control, within three (3) months prior to the Change in Control (or, if longer, during the period from the date of the signing of the applicable transaction agreement(s) through the Change in Control), or (ii) Executive’semployment by the Company ceases due to a termination by the Company without Cause or a resignation by Executive for Good Reason during the twelve (12) month period following a Change in Control. In the event of a Qualifying Change in Control Termination under clause (i), the changes to Executive’s equity awards shall be effective as of the Change in Control, subject to the other terms and conditions herein.
Qualifying Change in Control Termination means a termination of the Executive’s employment, by the Company, or any successor to the Company, or by the Executive due to Good Reason, that occurs within the period beginning ninety (90) days prior to a Change in Control and ending on the second anniversary of such Change in Control.
Qualifying Change in Control Termination means a termination of employment under the following circumstances:
Qualifying Change in Control Termination means a termination of employment from the Company and its Affiliates under the following circumstances: