Good Standing
Good Standing. A Participant who has received a performance rating of a 3 (Good Performer) or better for each year of the Performance Period and who remains employed at the same level in the same or a similar role throughout the Performance Period.
Found in
Innospec Inc. contract
Good Standing. Means that Executive remains actively employed and (i) has not been given notice of the termination of employment; (ii) has not given notice of resignation or resigned; (iii) is not suspended by the Company for violation of its material policies and/or procedures and (iv) is not under investigation for conduct that could, in the Company's good faith determination, result in a suspension or termination for Cause.
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