Hey,
You need to add another OR condition .
In ADF , logical AND and OR are dual operators meaning they accept only 2 parameters. For multiple conditions ,you need to have nested operators.
@or(or(or(contains(createArray('BCO','BED','BSC','BNB'),item().company), equals(item().classcode,'EMP')), not(contains(item().status,'Inactive'))), not(contains(item().status, 'Terminated')))
Note : I might be missing some parenthesis which I can correct once I am at my system by tomm