Comparable Position

Comparable Position. Comparable Position means a position where: (a) the primary work location is within 50 miles of Participant's primary work location prior to the Qualifying Involuntary Separation, and (b) the compensation rate (salary and target bonus) is not more than 10% below Participant's compensation rate at the time of the Qualifying Involuntary Separation.

Comparable Position. Means a position which (A) requires skills and knowledge similar to those required in the Covered Employee's position immediately prior to the Change in Control and (B) involves a work schedule that is substantially similar to the work schedule followed by the Covered Employee immediately prior to the Change in Control. A position shall not fail to be a Comparable Position solely as a result of a change following a Change in Control in the Covered Employee's (A) title, (B) supervisory authority... or (C) reporting responsibilities. View More

Comparable Position. Comparable Position means a position where: (a) Participant's primary work location would be within 50 miles of Participant's current primary work location, and (b) Participant's compensation rate (salary and target bonus) would be no more than 10% below Participant's current compensation rate.