Continuous Status as a Participant

Example Definitions of "Continuous Status as a Participant"
Continuous Status as a Participant. Shall mean (i) for Employees, the absence of any interruption or termination of service as an Employee, (ii) for Directors, the absence of any interruption or termination of service as a Director, and (iii) for Consultants, the absence of any interruption, expiration, or termination of such person's consulting or advisory relationship with the Company or the occurrence of any termination event as set forth in such person's Award Agreement. Continuous Status as a Participant shall not be... considered interrupted (A) for an Employee on leave under any recognized form of leave under policies of the Company or any applicable Subsidiary as may be in effect from time to time, and (B) for a Consultant, in the case of any temporary interruption in such person's availability to provide services to the Company which has been authorized in writing by a vice president of the Company prior to its commencement. View More Arrow
Found in FLOW INTERNATIONAL CORP contract
Continuous Status as a Participant. Shall mean (i) for Employees, the absence of any interruption or termination of service as an Employee, (ii) for Directors, the absence of any interruption or termination of service as a Director, and (iii) for Consultants, the absence of any interruption, expiration, or termination of such person's consulting or advisory relationship with the Company or the occurrence of any termination event as set forth in such person's Award Agreement. Continuous Status as a Participant shall not be... considered interrupted (A) for an Employee on in the case of sick leave, maternity leave, infant care leave, medical emergency leave, military leave, or any other leave under any recognized form of absence in each case so long as such leave under has been properly approved and taken in accordance with the policies of the Company or any applicable Subsidiary as may be in effect from time to time, and (B) for a Consultant, in the case of any temporary interruption in such person's availability to provide services to the Company which has been authorized in writing by a vice president of the Company prior to its commencement. In the event a Subsidiary ceases to be a Subsidiary, such event will constitute termination of Continuous Status as a Participant with respect to Participants providing services as an Employee, Consultant or Director of such Subsidiary. View More Arrow
Found in WESTERN WIRELESS CORP contract
Continuous Status as a Participant. Shall mean (i) for Employees, the absence of any interruption or termination of service as an Employee, (ii) for Directors, the absence of any interruption or termination of service as a Director, and (iii) for Consultants, the absence of any interruption, expiration, or termination of such person's consulting or advisory relationship with the Company or the occurrence of any termination event as set forth in such person's Award Agreement. Continuous Status as a Participant shall not be... considered interrupted (A) for an Employee on in the case of sick leave, maternity leave, infant care leave, medical emergency leave, military leave, or any other leave under any recognized form of leave under absence properly taken in accordance with the policies of the Company or any applicable Subsidiary as may be in effect from time to time, and (B) for a Consultant, in the case of any temporary interruption in such person's availability to provide services to the Company which has been authorized in writing by a vice president an authorized officer of the Company prior to its commencement. Whenever a mandatory severance period applies under applicable law with respect to a termination of services as an Employee shall be considered terminated upon such Employee's receipt of notice of termination in whatever form prescribed by applicable law. View More Arrow
Found in CLEAR CHOICE FINANCIAL, INC. contract
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Continuous Status as a Participant. Means (1) for an Employee, that the employment relationship with the Company or a Parent, or any Subsidiary of the Company has not been terminated or interrupted, and (2) for a Consultant, the absence of any interruption, expiration, or termination of such person's consulting or advisory relationship with the Company or a Parent or any Subsidiary of the Company or the occurrence of any termination event as set forth in such person's Award Agreement.
Found in PAYMENT DATA SYSTEMS INC contract
Continuous Status as a Participant. The Awardee's continuation as an Employee, Consultant, or Director, as provided in the regulations under Section 409A of the Code. Continuous Status as a Participant shall not be considered interrupted (i) for an Employee in the case of sick leave, maternity leave, infant care leave, medical emergency leave, military leave, or any other leave of absence for which Continuous Status is not considered interrupted in accordance with the Company's policies on such matters, and (ii) for a Consultant,... in the case of any temporary interruption in such person's availability to provide services to the Company which has been authorized in writing by a Vice President of the Company prior to its commencement View More Arrow
Found in SANDRIDGE ENERGY INC contract
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