Special Involuntary Termination

Example Definitions of "Special Involuntary Termination"
Special Involuntary Termination. Means the occurrence of (1) or (2) below within 60 days prior to, or at any time after, a Change in Control, where (1) is termination of your employment with the Company (including Subsidiaries of the Company) by the Company (or any Subsidiary) for any reason other than Cause and (2) is your resignation from employment with the Company (including Subsidiaries of the Company) within 90 days after an Adverse Change by the Company (including Subsidiaries of the Company) in the terms of your... employment. View More
Found in HollyFrontier Corp contract
Special Involuntary Termination. Means (i) the occurrence of (1) (A) or (2) (B) below within 60 days prior to, or at any time after, a Change in Control, where (1) (A) is termination of your employment with the Company (including Subsidiaries of the Company) by the Company (or any Subsidiary) for any reason other than Cause and (2) (B) is your resignation from employment with the Company (including Subsidiaries of the Company) within 90 days after an Adverse Change by the Company (including Subsidiaries of the Company) in the... terms of your employment or (ii) the occurrence of (A) or (B) below within 60 days prior to, or within 90 days after, a Sale of a Division, where more than 50% of your full-time service to the Company is attributable to services to the Division being sold, as determined by the Company in its sole discretion, and provided that the purchaser in any Sale of a Division has not agreed to assume this Award or to substitute a similar award under the purchaser's equity compensation plan for your Award and where (A) is termination of your employment with the Company (including Subsidiaries of the Company) by the Company (or any Subsidiary) for any reason other than Cause and (B) is your resignation from employment with the Company (including Subsidiaries of the Company) within 90 days after an Adverse Change by the Company (including Subsidiaries of the Company) in the terms of your employment. View More
Found in HollyFrontier Corp contract
View Variation
All Definitions