Qualifying Involuntary Separation

Example Definitions of "Qualifying Involuntary Separation"
Qualifying Involuntary Separation. Qualifying Involuntary Separation means Company's involuntary Termination of Employment of Participant without Cause; provided, however, that Qualifying Involuntary Separation does not include the elimination of Participant's position where Participant was offered a Comparable Position with Company or with a party (or a subsidiary or an affiliate of such a party) that acquires any asset from Company. In order to qualify as a Qualifying Involuntary Separation, the involuntary separation without... Cause must occur no more than 90 days before or 18 months after a Change in Control. View More
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