Qualifying Termination Event definition

Qualifying Termination Event means a termination of the Grantee’s employment with the Company or any Affiliate (i) by the Grantee for Good Reason, or (ii) by the Company or such Affiliate which is not a Termination for Cause.
Qualifying Termination Event means a termination of the Grantee’s employment with the Company or any Affiliate (i) [by the Grantee for Good Reason,] (ii) by the Company or such Affiliate which is not a Termination for Cause, provided, that such termination by the Company or such Affiliate occurs within twelve months of a Time Warner Transaction, or (iii) by the Company or such Affiliate which is not a Termination for Cause, provided, that such termination by the Company or such Affiliate occurs within twelve months of either a Delisting Event or a Disposition Event.
Qualifying Termination Event means the termination of Participant’s employment by reason of Participant’s death, Disability, Retirement or termination by the Company or an Affiliate other than for Cause (including upon a termination of employment due to the expiration of the term of Participant’s employment as provided under an individual employment agreement between Participant and the Company); provided that Qualifying Termination Event shall include, solely concurrent with and for the two (2) year period following a Change in Control, a voluntary resignation for Good Reason.

Examples of Qualifying Termination Event in a sentence

  • If more than one Qualifying Termination Event occurs with respect to an Eligible Employee, such events shall constitute a single Qualifying Termination Event and the provisions of Section 2.4 shall apply with respect to the Eligible Employee only once.

  • An Eligible Employee’s continued employment shall not constitute a consent to, or a waiver of rights with respect to, any circumstances constituting Good Reason for purposes of determining if a Qualifying Termination Event has occurred with respect to the Eligible Employee.

  • Notwithstanding anything to the contrary in this Agreement, in the event a Change in Control occurs during the initial or any extended term, this Agreement will remain in effect for the longer of: (a) eighteen (18) months beyond the month in which such Change in Control occurred; or (b) if the Executive incurs a Qualifying Termination Event, until all obligations of the Company hereunder have been fulfilled, and until all benefits required hereunder have been paid to the Executive.

  • If an Eligible Employee incurs a Qualifying Termination Event, the Eligible Employee shall be entitled to the benefits described in Sections 2.3.1 through 2.3.6 above, subject to the following subsections of this Section 2.4.

  • Subject to Sections 2.6, 8.2, 10.1, and 10.9, an Eligible Employee shall be entitled to receive the benefits described in Section 2.4 if the Eligible Employee incurs a Qualifying Termination Event.


More Definitions of Qualifying Termination Event

Qualifying Termination Event means the occurrence, upon a Potential Change of Control, of any of one of the events described in sub-sections (i) and (ii) below, and, the occurrence of any one or more of the following events upon a Change in Control, or within the Protected Period following a Change in Control: (i) A termination of the Executive’s employment at the initiation of the Company, without the Executive’s consent, for reasons other than Cause; (ii) A voluntary termination of employment by the Executive for Good Reason; (iii) A successor company fails or refuses to assume by written instrument the Company’s obligations under this Agreement, as contemplated by Article 8; (iv) The Company or any successor company repudiates or breaches any of the provisions of this Agreement.
Qualifying Termination Event means a Participant’s death, Disability, Retirement while in the employ of the Company or an Affiliate, or termination by the Company or an Affiliate other than for Cause.
Qualifying Termination Event means the occurrence of any one or more of the following events: (i) A termination of the Executive’s employment, within the Protected Period, at the initiation of the Company, without the Executive’s consent, for reasons other than Cause; (ii) A voluntary termination of employment by the Executive for Good Reason within the Protected Period; (iii) A successor company fails or refuses to assume by written instrument the Company’s obligations under this Agreement, as contemplated by Article 8 within the Protected Period; (iv) The Company or any successor company repudiates or breaches any of the provisions of this Agreement within the Protected Period.
Qualifying Termination Event means, with respect to a Participant, a Termination Without Cause or a Constructive Termination, as defined below.
Qualifying Termination Event means either: (i) a termination of the Executive’s employment by the Company for any reason other than for Cause, death or Disability (as defined below); or (ii) termination of the Executive’s employment with the Company by the Executive for Good Reason, both as set forth below:
Qualifying Termination Event is any of the following events:
Qualifying Termination Event means a termination of the Optionee’s employment with the Company or any Affiliate (i) by the Company or such Affiliate which is not a Termination for Cause, provided, that such termination by the Company or such Affiliate occurs within twelve months of a Time Warner Transaction, or (ii) by the Company or such Affiliate which is not a Termination for Cause, provided, that such termination by the Company or such Affiliate occurs within twelve months of either a Delisting Event or a Disposition Event.