Qualifying Termination

Qualifying Termination. A Termination of Employment that is either: (i) initiated by the Company for any reason other than the Executive's Disability or for Cause; or (ii) initiated by the Executive for Good Reason

Qualifying Termination. The term "Qualifying Termination" means (i) the termination of Executive's employment due to either termination by the Company or Subsidiary without Cause or by Executive for Good Reason and (ii) Executive's last day of employment occurs on or after the Announcement and before the first anniversary of the Change in Control.

Qualifying Termination. (u) "Qualifying Termination" means a termination of an Eligible Employee's employment by the Company without Cause. Termination due to death or disability shall not be treated as a Qualifying Termination. For the avoidance of doubt, neither (i) the transfer of an Eligible Employee's employment from Ligand to the Company or a Subsidiary prior to or in connection with the Distribution, (ii) the consummation of the Distribution or the Merger or (iii) an Eligible Employee's objection to the... transfer of employment from Ligand to the Company or a Subsidiary and the subsequent termination of employment by Ligand, shall, in any such case, constitute a Qualifying Termination. View More

Qualifying Termination. (i) an Termination Without Cause or resignation for Good Reason that does not occur on or within twelve (12) months after a Change in Control, or (ii) a Change in Control Termination.

Qualifying Termination. A termination of the Participant's employment with the Company by the Company without Cause (other than by reason of death or Disability) or by the Participant for Good Reason. If the Participant is primarily providing services to a business unit, as determined by the Committee, which is directly or indirectly sold, licensed or transferred resulting in a termination of the Participant's employment with the Company, a Qualifying Termination will not be deemed to occur if upon or within 120 days... following the closing of such sale, license or transfer, the Participant (i) accepts any position with the purchaser or any of its affiliates or (ii) is offered employment with the purchaser that does not require a relocation of the Participant's principal place of employment by more than 50 miles and does not result in a material diminution in the Participant's base salary, even if the Participant does not accept such offer of employment View More

Qualifying Termination. (i) a termination by the Participant of the Participant's employment with Company for Good Reason, or (ii) a termination of the Participant's employment without Cause by the Company. Neither a termination of the Participant's employment due to Permanent Disability nor a termination of the Participant's employment due to death shall constitute a Qualifying Termination.

Qualifying Termination. (i) the termination of an Eligible Individual's employment or service relationship by the Company other than due to death, Disability or for Cause or (ii) the termination of an Eligible Individual's employment or service relationship due to a resignation by the Eligible Individual for Good Reason

Qualifying Termination. The termination of Executive's employment with the Company Group (i) by the Company Group without Cause, (ii) by Executive with Good Reason, or (iii) due to Executive's death or Disability.

Qualifying Termination. The same meaning as set forth in the Letter Agreement

Qualifying Termination. Termination of Service Provider's Service with the Company either (i) by the Company without Cause and other than due to Service Provider's death or Disability, or (ii) by Service Provider for Good Reason.