Permissible Immigration Termination

Permissible Immigration Termination. Has the meaning specified in the Employment Agreement.

Permissible Immigration Termination. Means a termination of the Executive's employment as a result of failure to obtain or renew the necessary Immigration Approval, to the extent applicable, at any time after October 1, 2009, where (A) the Executive has taken in good faith all reasonable actions to ensure obtainment or renewal of the Immigration Approval, (B) as a result of such failure, the Executive is required to relocate outside of the United States (the conditions in clauses (A) and (B), the "PIT Conditions") and (C)... Blackstone or one of its portfolio companies has failed to offer or caused to be offered to the Executive Comparable Non-U.S. Employment by the date that is 90 days following the later of (1) the date that the Executive notifies the Company that such Immigration Approval has not been renewed or (2) the date that the Executive is required to relocate outside the United States as a result of the fact that the Immigration Approval has not been renewed (such 90-day period, the "Comparable Non-U.S. Employment Offer Period"). View More