Qualifying Termination

Qualifying Termination. Means (i) the termination by the Company of the Executive's employment (as defined in Section 5(g)) with the Company and its affiliates without Cause, or (ii) with respect to the Executives identified on Appendix A as Tier One (1) Executives only, the termination by the Executive of the Executive's employment (as defined in Section 5(g)) with the Company and its affiliates for Good Reason.

Qualifying Termination. The involuntary termination of an Employee, but does not include a termination resulting from: (i) the termination of an Employee as a result of the elimination of the Employee's position where the Employee was offered another position with a subsidiary of the Company at a comparable salary and benefit level, or where the termination results from a sale of assets or other corporate acquisition; (ii) the redefinition of an Employee's position to a lower salary rate; (iii) the termination of an... Employee for cause; or (iv) the non-renewal of employment contracts. View More

Qualifying Termination. Qualifying Termination shall mean Participant's termination of employment which meets the definition of a "Qualifying Termination" under a written severance plan sponsored by the Company or a subsidiary of the Company. In the event that no written severance plan exists for the Participant's subsidiary, the definition of "Qualifying Termination" contained in any applicable severance plan for the Company will govern.

Qualifying Termination. For all purposes under this Agreement, "Qualifying Termination" shall mean a Separation resulting from: (i) The Executive's voluntary resignation of his or her employment for Good Reason; or (ii) The Company's termination of the Executive's employment for any reason other than Cause; provided, however, that following a Change in Control the Executive may not voluntarily resign his or her employment for Good Reason for a four (4) month period following such Change in Control.

Qualifying Termination. For all purposes under this Agreement, "Qualifying Termination" shall mean that one of the following events occurs within 18 months after a Change in Control of the Company: (i) The Executive voluntarily resigns his or her employment for Good Reason; or (ii) The Company terminates the Executive's employment for any reason other than Cause.

Qualifying Termination. Means (i) the termination by Cinergy of the Executive's employment with Cinergy during the Employment Period other than a termination for Cause or (ii) the termination by the Executive of the Executive's employment with Cinergy during the Employment Period for Good Reason.

Qualifying Termination. The involuntary termination of a Teammate's employment by the Company under circumstances for which the payment of severance payments and benefits under this Plan is approved by the Senior Vice President of People Services and the Assistant General Counsel – Labor of the Company; provided, however, that a Teammate will not incur a Qualifying Termination and will not receive severance payments and benefits under this Plan if (i) the Teammate's employment is terminated by the Company for any... action which the Company, in its sole discretion, determines is for material cause, including, but not limited to, failure to perform job responsibilities, violation of the Company's policies and procedures, an act of fraud or dishonesty affecting or involving the Company, or a breach of a material provision of the Teammate's employment agreement or other similar agreement with the Company, or (ii) a Teammate in the position of Director is terminated during the first year of the Teammate's employment with the Company. View More

Qualifying Termination. Means termination of the Executive's employment (1) by reason of the discharge of the Executive by the Company other than (A) for Cause, (B) the Executive's death or (C) the Executive's absence from the Executive's 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, or (2) by reason of the resignation of the Executive for Good Reason within six (6) months after an event constituting Good... Reason. View More

Qualifying Termination. An Involuntary Termination or a termination of the Participant's employment by the Participant for Good Reason, in either case within one year following a Change in Control

Qualifying Termination. (a) the involuntary termination of the Executive's employment with the Company and all its subsidiaries by the Company without Cause or (b) the Executive's resignation for Good Reason, in each case on or prior to April 30, 2017.