Common use of By Executive with Good Reason Clause in Contracts

By Executive with Good Reason. The Executive may terminate the Executive’s employment with the Company for Good Reason, upon not less than 30 days’ advance written notice to the Company, which notice shall specify, in reasonable detail, the Executive’s basis for alleging Good Reason; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive so long as the Company continues to pay the Base Salary to the Executive for a number of days equal to the number of days by which the Company accelerated the effective date of the Executive’s termination.

Appears in 3 contracts

Samples: Employment Agreement (INVACARE HOLDINGS Corp), Employment Agreement (INVACARE HOLDINGS Corp), Employment Agreement (INVACARE HOLDINGS Corp)

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By Executive with Good Reason. The Executive may terminate the Executive’s his employment with the Company for with Good Reason, upon not less than 30 days’ thirty (30) days advance written notice to the Company, which notice shall specify, in reasonable detail, the Executive’s basis for alleging Good Reason; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive so long as the Company continues to pay the Base Salary to the Executive for a number of days equal to the number of days by which the Company accelerated the effective date of the Executive’s termination.

Appears in 2 contracts

Samples: Employment Agreement (Invacare Corp), Employment Agreement (Invacare Corp)

By Executive with Good Reason. The Executive may terminate the Executive’s his employment with the Company for with Good Reason, Reason upon not less than 30 days’ thirty (30) days advance written notice to the Company, which notice shall specify, in reasonable detail, the Executive’s basis for alleging Good Reason; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive so long as the Company continues to pay the Base Salary to the Executive for a number of days equal to the number of days by which the Company accelerated the effective date of the Executive’s termination.

Appears in 1 contract

Samples: Employment Agreement (Invacare Corp)

By Executive with Good Reason. The Executive may terminate the Executive’s employment at any time with Good Reason (as defined below), provided that Executive has provided the Company at least thirty (30) days advance written notice stating the specific reason for such resignation and provided that such reason has not been cured by the Company within such notice period. In the event that Executive terminates employment with Good Reason, upon not less than 30 days’ advance written notice Executive shall be entitled to the Company, which notice shall specify, severance benefits provided in reasonable detail, the Executive’s basis for alleging Good Reason; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive so long as the Company continues to pay the Base Salary to the Executive for a number of days equal to the number of days by which the Company accelerated the effective date of the Executive’s terminationSection 5.7 below.

Appears in 1 contract

Samples: Executive Employment Agreement (National American University Holdings, Inc.)

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By Executive with Good Reason. The During the Term or any Renewal Term, Executive may terminate the Executive’s employment at any time with Good Reason (as defined below), provided that Executive has provided the Company at least thirty (30) days advance written notice stating the specific reason for such resignation and provided that such reason has not been cured by the Company within such notice period. In the event that Executive terminates employment with Good Reason, upon not less than 30 days’ advance written notice Executive shall be entitled to the Company, which notice shall specify, severance benefits provided in reasonable detail, the Executive’s basis for alleging Good Reason; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive so long as the Company continues to pay the Base Salary to the Executive for a number of days equal to the number of days by which the Company accelerated the effective date of the Executive’s terminationSection 5.6 below.

Appears in 1 contract

Samples: Executive Employment Agreement (National American University Holdings, Inc.)

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