Define: Qualifying Termination

What does "Qualifying Termination" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.

Definition 1 (EQT Corp, seen in 1 filing)

Qualifying Termination means (A) the involuntary termination by the Company (or, as applicable, its successor) of a Participant's employment without Cause, (B) the voluntary termination of employment by a Participant due to Retirement or (C) such Participant's Disability.

Source: EQT Corp 10-K

Definition 2 (EQUINIX INC, seen in 1 filing)

Qualifying Termination means a Separation resulting from (a) involuntary discharge for any reason other than Cause within 12 months after a Change in Control or (b) your voluntary resignation for Good Reason, between the date that is four months following a Change in Control and the date that is 12 months following a Change in Control provided, however, that the grounds for Good Reason may arise at any time within the 12 months following the Change in Control.

Source: EQUINIX INC 10-Q

Data extracted from 4 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 4
Companies: 2
Keywords:
Qualifying Terminationdefinitioncontract languagelegal termSEC filing

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