Qualifying Distribution Event definition

Qualifying Distribution Event means (i) the Separation from Service of the Participant, (ii) the date the Participant becomes Disabled, (iii) the death of the Participant, (iv) the time specified by the Participant for an In-Service or Education Distribution, (v) a Change in Control Event, or (vi) an Unforeseeable Emergency, each to the extent provided in Section 5.
Qualifying Distribution Event means (i) the separation from Service of the Participant, (ii) the date the Participant becomes Disabled, (iii) the death of the Participant, (iv) the time specified by the Participant for an in-service or education distribution, or (v) an Unforeseeable Emergency, each to the extent provided in Section 5.
Qualifying Distribution Event means the Participant's Retirement or the termination of Participant's Service with the Company for any reason, including as a result death or Disability.

Examples of Qualifying Distribution Event in a sentence

  • A Participant's becoming Disabled shall be a Qualifying Distribution Event and the Deferred Compensation Account shall be paid by the Employer as provided in Section 7.1 of the Plan.

  • Payment shall be made in the manner elected by the Participant and shall commence as soon as practicable after the distribution date specified for the Qualifying Distribution Event.

  • If the Participant elects to receive installment payments upon a Qualifying Distribution Event, the payment of each installment shall be made on the anniversary of the date of the first installment payment, and the amount of the installment shall be adjusted on such anniversary for credits or debits to the Participant's account pursuant to Section 8 of the Plan.

  • A Participant's death shall be a Qualifying Distribution Event and the Deferred Compensation Account shall be paid by the Employer as provided in Section 7.1 of the Plan.

  • Distribution shall be no later than within 60 days following the day after the Qualifying Distribution Event.


More Definitions of Qualifying Distribution Event

Qualifying Distribution Event means (i) a Participant’s Separation from Service, (ii) the Vesting Date, or, if later, the Distribution Date, if applicable, (iv) the date a Participant becomes Disabled or (v) the date of the Participant’s death.
Qualifying Distribution Event means (i) the Separation from Service of the Participant, (ii) the date the Participant becomes Disabled, (iii) the death of the Participant, (iv)
Qualifying Distribution Event means (i) a Participant’s Separation from Service, (ii) the death of a Participant, (iii) the date a Participant becomes Disabled, (iv) the applicable Distribution Date, (v) a Change in Control Event, or (vi) a Hardship, each to the extent provided in Section 6.2.
Qualifying Distribution Event means (i) the Separation from Service of the Participant, (ii) the date the Participant becomes Disabled (if elected in the Adoption Agreement), (iii) the death of the Participant, or (iv) a Change in Control Event (if elected in the Adoption Agreement).
Qualifying Distribution Event means a cash dividend by the Company (whether effective directly or through one or more Affiliates) to the shareholders of the Company. “Qualifying Event” shall mean the occurrence of either a Qualifying Sale Event or a Qualifying Distribution Event. For the avoidance of doubt, Qualifying Events include any such events that occur on or after July 2, 2021, even if prior to the Grant Date. “Qualifying Sale Event” shall mean a sale (whether effected directly or indirectly, or through a merger or similar transaction) of (i) some or all of the capital stock of the Company by the Platinum Investors (but excluding in all events a sale of common stock by the Company); or (ii) all or substantially all of the assets of the Company the proceeds of which sale are distributed to shareholders of the Company in a Qualifying Distribution Event; provided, however, that in no event shall a Qualifying Sale Event (or a Qualifying Event) occur upon a sale to an Affiliate of the Company.
Qualifying Distribution Event means an event described in Section 5.
Qualifying Distribution Event means (i) the