Nonqualifying Termination Definition Example with 4 Variations

This page contains an example definition of Nonqualifying Termination, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Nonqualifying Termination. A termination of the Executive's employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive's death or (4) by the Company due to the Executive's absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive's incapacity due to physical or mental illness.

Variations

Nonqualifying Termination. A a termination of the Executive's employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive's death or (4) (3) by the Company due to the Executive's absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive's incapacity due to physical or mental illness. The term "Nonqualifying Termination" does not include a termination of the Executive's employment... by the Executive for any reason or no reason following a Change of Control View More Arrow
Nonqualifying Termination. A a termination of the Executive's employment (1) (i) by the Company for Cause, (2) (ii) by the Executive for any reason other than a Good Reason, (3) (iii) as a result of the Executive's death or (4) death, (iv) by the Company due to the Executive's absence from his duties with the Company on a full-time basis for at least 180 one hundred eighty (180) consecutive days as a result of the Executive's incapacity due to physical or mental illness. illness or (v) as a result of the Executive's... Retirement. View More Arrow
Nonqualifying Termination. A a termination of the Executive's employment (1) (i) by the Company for Cause, (2) (ii) by the Executive for any reason other than a Good Reason, (3) (iii) as a result of the Executive's death death, or (4) (iv) by the Company due to the Executive's absence from his duties with the Company on a full-time basis for at least 180 one hundred eighty (180) consecutive days as a result of the Executive's incapacity due to physical or mental illness. illness
Nonqualifying Termination. A a termination of the Executive's employment (1) (i) by the Company for Cause, (2) (ii) by the Executive for any reason other than a Good Reason, (3) (iii) as a result of the Executive's death death, or (4) (iv) by the Company due to the Executive's absence from his duties with the Company on a full-time basis for at least 180 consecutive days in any 365-day period as a result of the Executive's incapacity due to physical or mental illness.
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