Qualifying Associate

Qualifying Associate. Shall mean any U.S. based employee of the Company with at least one full year of employment, as measured from the date of hire, employed by the Company at the time of a Liquidity Event. A "Qualifying Associate" shall exclude (i) all members of the Company's Executive Committee, (ii) any member of management or any other employee who either has an ownership interest in the Company or who at any time has been formally offered... an ownership interest or opportunity to invest in the Company, and (iii) all employees whose customary employment is 20 hours or less per week. View More