Qualifying Termination definition: Copy, customize, and use instantly
Introduction
The term "Qualifying Termination" refers to a specific type of employment termination that meets predefined conditions in a contract. It is essential for determining severance eligibility, benefits continuation, and rights under employment agreements.
Below are various examples of how "Qualifying Termination" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Qualifying Termination" as termination without cause
This definition ties "Qualifying Termination" to an employer-initiated termination without cause.
"Qualifying Termination" means the termination of an employee’s employment by the employer without cause, excluding cases of resignation, misconduct, or voluntary retirement.
Definition of "Qualifying Termination" as termination for good reason
This definition connects "Qualifying Termination" to an employee's right to resign under specific conditions.
"Qualifying Termination" refers to an employee’s resignation for good reason, as defined in the employment agreement, following a material adverse change in employment terms.
Definition of "Qualifying Termination" as termination after a change in control
This definition links "Qualifying Termination" to situations where a company undergoes a change in control.
"Qualifying Termination" means an employee’s termination by the employer without cause or by the employee for good reason within twelve months following a change in control.
Definition of "Qualifying Termination" as qualifying for severance benefits
This definition applies "Qualifying Termination" to eligibility for severance compensation.
"Qualifying Termination" refers to any termination event that makes the employee eligible for severance payments under the terms of the applicable severance plan or agreement.
Definition of "Qualifying Termination" as termination due to disability
This definition ties "Qualifying Termination" to disability-related employment termination.
"Qualifying Termination" means the termination of an employee’s employment due to a disability that prevents the continued performance of job duties, as determined by the employer in accordance with company policies.
Definition of "Qualifying Termination" as layoff under workforce reduction
This definition connects "Qualifying Termination" to reductions in workforce or restructuring.
"Qualifying Termination" refers to an involuntary termination resulting from a company-wide reduction in force, restructuring, or elimination of the employee’s position.
Definition of "Qualifying Termination" as resignation after relocation requirement
This definition links "Qualifying Termination" to resignation caused by employer-mandated relocation.
"Qualifying Termination" means an employee’s resignation following an employer-imposed relocation of more than fifty miles from the employee’s principal work location, provided the employee gives proper notice.
Definition of "Qualifying Termination" as executive termination
This definition applies "Qualifying Termination" specifically to executive employment agreements.
"Qualifying Termination" refers to the termination of an executive officer by the company without cause or by the executive for good reason, subject to the terms of the executive’s employment agreement.
Definition of "Qualifying Termination" as involuntary termination with extended benefits
This definition ties "Qualifying Termination" to extended benefits eligibility.
"Qualifying Termination" means any involuntary termination of employment that entitles the employee to extended health benefits, stock vesting, or other specified benefits under a company-sponsored plan.
Definition of "Qualifying Termination" as termination due to plant closure
This definition connects "Qualifying Termination" to job losses caused by operational shutdowns.
"Qualifying Termination" refers to termination of employment resulting from the permanent closure of a facility or discontinuation of operations at a specific location.
Definition of "Qualifying Termination" as early retirement under a plan
This definition links "Qualifying Termination" to early retirement eligibility.
"Qualifying Termination" means a voluntary resignation that qualifies the employee for early retirement benefits under the company’s retirement plan.
Definition of "Qualifying Termination" as termination following a hostile takeover
This definition applies "Qualifying Termination" to employment consequences after a hostile acquisition.
"Qualifying Termination" refers to the termination of employment without cause following a hostile takeover or acquisition of the company by another entity.
Definition of "Qualifying Termination" as termination due to contract non-renewal
This definition ties "Qualifying Termination" to employer decisions not to renew employment agreements.
"Qualifying Termination" means the termination of an employee due to the employer’s decision not to renew the employee’s fixed-term employment contract.
Definition of "Qualifying Termination" as triggered by salary reduction
This definition connects "Qualifying Termination" to resignation due to pay cuts.
"Qualifying Termination" refers to an employee’s resignation following an employer-imposed salary reduction of more than 20%, provided the employee notifies the employer within the required period.
Definition of "Qualifying Termination" as termination after demotion
This definition links "Qualifying Termination" to an employer’s unilateral demotion decision.
"Qualifying Termination" means an employee’s voluntary resignation following a significant demotion or material reduction in job responsibilities.
Definition of "Qualifying Termination" as termination due to expiration of work authorization
This definition applies "Qualifying Termination" to immigration-related employment terminations.
"Qualifying Termination" refers to the termination of employment resulting from the expiration of an employee’s work authorization where the employer cannot legally continue employment.
Definition of "Qualifying Termination" as automatic termination under contract terms
This definition ties "Qualifying Termination" to contractually defined termination triggers.
"Qualifying Termination" means the automatic termination of an employee’s employment upon the occurrence of a contractually specified event, such as the loss of a required professional license.
Definition of "Qualifying Termination" as resignation after hostile work environment
This definition connects "Qualifying Termination" to employee departures due to workplace conditions.
"Qualifying Termination" refers to an employee’s resignation due to a documented hostile work environment, provided the employer has failed to take corrective action.
Definition of "Qualifying Termination" as triggered by benefits withdrawal
This definition links "Qualifying Termination" to employment benefits withdrawal.
"Qualifying Termination" means the termination of an employee’s employment following the employer’s unilateral withdrawal of previously agreed benefits, such as health insurance or bonus eligibility.
Definition of "Qualifying Termination" as termination for business downturn
This definition ties "Qualifying Termination" to financial difficulties faced by the employer.
"Qualifying Termination" means the termination of employment due to a significant business downturn, financial distress, or company insolvency.
Definition of "Qualifying Termination" as termination following management restructuring
This definition connects "Qualifying Termination" to organizational changes affecting leadership roles.
"Qualifying Termination" refers to the termination of an employee’s employment due to corporate restructuring or executive leadership changes that eliminate the employee’s position.
Definition of "Qualifying Termination" as termination after project completion
This definition links "Qualifying Termination" to contract roles tied to a specific project.
"Qualifying Termination" means the termination of employment upon the successful completion of a designated project where the employee was hired for a fixed duration.
Definition of "Qualifying Termination" as termination due to merger-related redundancies
This definition applies "Qualifying Termination" to job losses resulting from corporate mergers.
"Qualifying Termination" refers to the termination of employment due to role redundancy following a corporate merger or consolidation.
Definition of "Qualifying Termination" as voluntary resignation after bonus non-payment
This definition ties "Qualifying Termination" to employer failures to fulfill compensation agreements.
"Qualifying Termination" means an employee’s resignation following an employer’s failure to pay an earned and contractually obligated bonus within the specified period.
Definition of "Qualifying Termination" as termination due to employer relocation abroad
This definition connects "Qualifying Termination" to situations where a company moves its operations internationally.
"Qualifying Termination" refers to termination of employment resulting from an employer’s decision to relocate company operations to a different country, making continued employment unfeasible.
Definition of "Qualifying Termination" as resignation due to job misrepresentation
This definition links "Qualifying Termination" to misleading job descriptions or expectations.
"Qualifying Termination" means an employee’s resignation after discovering that the actual job duties materially differ from those represented during hiring.
Definition of "Qualifying Termination" as termination due to regulatory compliance changes
This definition applies "Qualifying Termination" to changes in industry regulations affecting employment.
"Qualifying Termination" refers to the termination of an employee’s employment due to regulatory changes rendering the employee’s position legally ineligible.
Definition of "Qualifying Termination" as triggered by significant work-hour reductions
This definition ties "Qualifying Termination" to involuntary reductions in work schedules.
"Qualifying Termination" means an employee’s resignation following an employer-imposed reduction of work hours by at least 30%, provided the employee notifies the employer in writing.
Definition of "Qualifying Termination" as termination following non-renewal of funding
This definition connects "Qualifying Termination" to the expiration of employer funding sources.
"Qualifying Termination" refers to termination of employment due to the expiration of grant funding or loss of financial sponsorship supporting the employee’s position.
Definition of "Qualifying Termination" as resignation after non-payment of wages
This definition links "Qualifying Termination" to employer failures to pay compensation.
"Qualifying Termination" means an employee’s resignation following an employer’s failure to pay base wages for two consecutive pay periods.
Definition of "Qualifying Termination" as termination under a voluntary exit program
This definition applies "Qualifying Termination" to employer-sponsored voluntary separation programs.
"Qualifying Termination" refers to an employee’s termination as part of a company-approved voluntary exit or buyout program.
Definition of "Qualifying Termination" as termination due to contract breach
This definition ties "Qualifying Termination" to violations of employment agreements by the employer.
"Qualifying Termination" means an employee’s resignation due to the employer’s material breach of an employment contract, provided proper notice is given.
Definition of "Qualifying Termination" as termination after unpaid leave expiration
This definition connects "Qualifying Termination" to job loss after an extended unpaid leave.
"Qualifying Termination" refers to the termination of employment when an employee fails to return to work after exhausting an approved unpaid leave of absence.
Definition of "Qualifying Termination" as resignation following workplace policy changes
This definition links "Qualifying Termination" to significant shifts in workplace rules.
"Qualifying Termination" means an employee’s resignation due to a unilateral employer change in workplace policies that materially affect the employee’s terms of employment.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.