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How is Professional qualification defined in a legal contract?

• Professional qualification means a requirement of attaining an academic degree or acquiring necessary work experience as stipulated in a set of predetermined conditions. Seen in 13 SEC filings.
• Professional qualification means gaining capabilities in a broad range of vocational fields through a combination of professional competency, general education knowledge and skills that are critical for the performance of certain jobs. Seen in 4 SEC filings.
• Professional qualification means a prerequisite to possess specific knowledge and personal skills relevant to a certain profession. Seen in 3 SEC filings.
• Professional qualification means a mandate to possess ample understanding and experience in the finance sector. Seen in 2 SEC filings.
• Professional qualification means an approved qualification, or a qualification in social sciences, humanities, or management from a recognized institution. Seen in 1 SEC filing.
• Professional qualification means a validation of specialized knowledge typically awarded with a Bachelor's or Master's degree, preparing the student for the professional field. Seen in 1 SEC filing.

Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Professional qualification means established expertise or academic achievement emphasizing practical application across diverse fields.

Relevant Contract Types

• Employment Agreement
• Consultancy Agreement
• Partnership Agreement

Relevant Circumstances

• Hiring professionals and experts
• Assigning duties and responsibilities
• Evaluating qualification for a role or project

Relevant Sectors

• Education
• Business Services
• Information Technology

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Genie Definition 2

• Professional qualification means proof of specialized understanding, acquired via formal education or relevant work experience.

Relevant Contract Types

• Vendor Agreement
• Service Level Agreement
• Non-disclosure Agreement

Relevant Circumstances

• Engaging vendors for specialized services
• Guaranteeing a minimum level of service
• Protecting confidential and proprietary information

Relevant Sectors

• Healthcare
• Manufacturing
• Real Estate

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