Example ContractsClausescic qualifying terminationVariants
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It is possible for you to lose eligibility to participate in the Plan by being terminated in a nonqualifying termination after you have received notice that you will be subject to a Qualifying Termination but before the date of that Qualifying Termination. For example, you might be discharged for cause or quit voluntarily before the date that you separate from service pursuant to a Qualifying Termination (hereafter, your “Termination Date”).

ItIf that happens, your termination will no longer be a Qualifying Termination, and you will not be entitled to receive benefits under the Plan. The only exception to this is possible forif you make a decision to lose eligibility to participate in the Plan by being terminated in a nonqualifying terminationretire after you have receivedreceive notice that you will be subject tohave a Qualifying Termination but before the date of that Qualifying Termination. For example,your Termination Date. In this case, you mightwill still be dischargedeligible for cause or quit voluntarily before the date that you separate from service pursuant to a Qualifying Termination (hereafter, your “Termination Date”).Severance Benefits.

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