Good Leaver

Example Definitions of "Good Leaver"
Good Leaver. A Participant whose Termination Date occurs due to (i) death; (ii) disability; (iii) the Employer Company's termination of the Participant's employment without Cause (with Cause being determined by the Committee in its sole discretion consistent with Section 2(f)), including due to a redundancy; or (iv) the Participant's retirement. The determination of whether a Participant is a Good Leaver shall be made by the Committee in its sole discretion and no Participant shall have any rights as a Good... Leaver prior to the date that such determination is made by the Committee. View More
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