Qualifying Reason definition

Qualifying Reason means any of the following reasons for which a Covered Individual is eligible for Family or Medical Leave benefits: to bond with a child during the first 12 months after the child’s birth, Adoption, or Foster Care placement; to care for a Family Member’s Serious Health Condition; to care for a family member who is a Covered Servicemember; a Qualifying Exigency arising out of a family member’s active duty or impending call to active duty in the Armed Forces; or the covered individual’s own Serious Health Condition that incapacitates the individual from performing the essential functions of the individual’s job.
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Qualifying Reason means in relation to an Employee ceasing to be employed by the Group Company, ceasing to be employed by reason of:
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Qualifying Reason means death, total and permanent disability, Redundancy, termination of the Employee without cause, or any other reason as determined by the Board in its absolute discretion. For the avoidance of doubt, termination with cause means any right to immediate termination (including for the reasons of fraud, defalcation and/or gross misconduct in relation to the affairs of the Company or any Associated Company (whether or not charged with an offence) or doing any act which in the opinion of the Board brings the Company or any Associated Company into disrepute) and also includes sustained performance below expectations by the Employee.
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Examples of Qualifying Reason in a sentence

  • The purpose of this is to establish a Leave Bank that will provide financial assistance to a Qualified Faculty Member who has exhausted all paid leave time and is facing leave without pay of 5 days or more due to a Qualifying Reason.

  • If Indemnitee is only partially successful in the defense of any Proceeding arising out of a Qualifying Reason, or in the defense of any claim, issue or matter involved therein, whether in the initial adjudication, arbitration or alternate dispute resolution mechanism or on appeal, the Company shall nevertheless indemnify Indemnitee, as a matter of right pursuant to Section 2(b) hereof, to the extent Indemnitee has been partially successful.

  • After receipt of such notice, the Company shall have ten (10) business days to reasonably remedy the event described therein, upon which such event shall no longer constitute "Qualifying Reason" for purposes of this Agreement.

  • You and the Company agree that your termination of employment is for a Qualifying Reason under the Severance Plan.

  • A termination by Executive (a separation, including a voluntary retirement, initiated by Executive other than per a request described in subsection (i) above), other than for Good Reason within twelve (12) months following a Change in Control, shall not be a Qualifying Reason under this Agreement.

  • If INDEMNITEE is only partially successful in ----------------------- the defense of any Proceeding arising out of a Qualifying Reason, or in the defense of any claim, issue or matter involved therein, whether in the initial adjudication, arbitration or alternate dispute resolution mechanism or on appeal, either or both of the Companies shall nevertheless indemnify INDEMNITEE, as a matter of right pursuant to Section 2(b) hereof, to the extent INDEMNITEE has been partially successful.

  • It shall be a Qualifying Reason for purposes of this subsection (b) even if the reason for termination of Executive hereunder differs from the reason for termination of E.

  • In the event the Executive terminates his employment with the Company without a Qualifying Reason, the Executive shall not be entitled to any Severance Amount hereunder.

  • As long as Employee is employed pursuant to this Agreement or his employment has terminated pursuant to Section 6(a)(ii), 6(c) or 6(d) (a "Qualifying Reason"), Employee shall be considered an Employee in Good Standing for purposes of the Merger Agreement.

  • A voluntary program where covered individuals may donate accrued leave time to fund a bank for the benefit of a co-worker experiencing a Qualifying Reason under M.G.L. c.


More Definitions of Qualifying Reason

Qualifying Reason means any of the following reasons for which a Covered Individual is eligible for Family or Medical Leave benefits: to bond with a child during the first 12 months after the child’s birth, Adoption, or Foster Care placement; to care for a Family Member’s Serious Health Condition; to care for a family member who is a Covered Servicemember; a Qualifying Exigency arising out of a family member’s active duty or impending call to active duty in the Armed Forces;
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Qualifying Reason means the occurrence of one or more of the following conditions: (a) (i) the Company’s assignment to the Executive of any duty inconsistent with his then current status with the Company, (ii) a material adverse change in the nature of the Executive’s then current responsibilities or the transfer of a significant portion of such responsibilities to one or more third persons (unless the Executive has consented to such change or transfer or such change or transfer occurs as a result of the Executive’s change in status from Chief Executive Officer to Executive Chairman of the Board), or (iii) a material diminution in the Executive’s compensation (unless the diminution results from the Executive’s change in status from Chief Executive Officer to Executive Chairman of the Board); provided that no Qualifying Reason shall be deemed to have occurred pursuant to this Section 1.1(a) unless the Executive has given the Company notice within 90 days of the first purported occurrence of one of the above conditions, the Company has not remedied the condition within 30 days after receiving such notice, and, if the condition is not remedied, the Executive actually terminates his employment with the Company within 180 days of the first occurrence of such condition; (b) the resignation by the Executive following the failure of the Executive and the Board to reach an agreement on compensation for the Executive following reasonable and good faith efforts by both parties; (c) the Executive’s receipt of an offer of employment or a position with another entity or organization, which offer is conditioned upon the Executive’s voluntary termination of employment with the Company; provided that the Executive has given the Company notice of receiving such an offer and the Executive accepts such offer and actually assumes such employment or position following his termination of employment with the Company; or (d) disability of the Executive, as defined by Section 409A(a)(2)(C) of the Internal Revenue Code of 1986, as amended.
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Qualifying Reason means (1) a reduction in the Continued Employee’s base pay, (2) a requirement that the Continued Employee move more than fifty (50) miles from the location where he or she worked immediately prior to the Closing Date or (3) a material and adverse change in the duties, responsibilities or functions that the Continued Employee’s position included immediately prior to the Closing Date. If a Continued Employee ends his or her employment with Buyer for any reason (other than for “cause” or a “qualifying reason”), he or she is not entitled to any severance benefit. The severance benefit payable pursuant to this Section 9.8(d) shall be a lump sum cash payment (subject to applicable withholding) in an amount equal to the Continued Employee’s base pay for the period beginning on the date such Continued Employee’s employment terminates and ending on the date that is twelve (12) months after the Closing Date.
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Qualifying Reason. For purposes of this provision, a “qualifying reason” is defined as the absence from an employee’s post or duty for any of the reasons enunciated in Section (A) of this Article.
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Related to Qualifying Reason

  • Qualifying week means the 15th week before the expected week of childbirth.

  • Qualifying position means one or more jobs with one or more participating public em-

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Qualifying job means a permanent full-time job that:

  • Qualifying child means an individual who: