By the Executive with Good Reason. The Executive may terminate this Agreement effective upon written notice to the Company with Good Reason (as defined below). Such notice must provide a reasonably detailed explanation of the circumstances constituting Good Reason. For purposes of this Agreement, the term “Good Reason” shall mean the occurrence of one of the following events: (a) the Company, without the Executive’s written consent, requires the Executive to relocate to a principal place of employment more than fifty (50) miles from the Executive’s existing place of employment, which materially increases the Executive’s commuting time; (b) the Company, without the Executive’s consent, materially reduces the Executive’s base salary or target annual bonus opportunity, other than a reduction of less than 10% that is made at the same time to the base salary or target annual bonus opportunity, as applicable, of all similarly situated employees; or (c) a requirement that the Executive report to any other person, position or entity other than the CEO. Notwithstanding the foregoing, in the event that the Executive provides written notice of termination with Good Reason in reliance upon this Section 6.06 (such notice to be provided within thirty (30) days of the Executive’s knowledge of the occurrence of the events or circumstances constituting Good Reason), the Company shall have the opportunity to cure such circumstances within thirty (30) business days of receipt of such notice. If the Company shall not have cured such event or events giving rise to Good Reason within thirty (30) business days after receipt of written notice from the Executive, the Executive may terminate employment with Good Reason by delivering a resignation letter to the Company within thirty (30) business days following such thirty (30) business day cure period; provided, that if the Executive has not delivered such resignation letter to the Company within such thirty (30) business day period, or has not provided written notice to the Company within thirty (30) days of the occurrence of the events or circumstances constituting Good Reason, the Executive waives the right to terminate employment with Good Reason.
By the Executive with Good Reason. (i) The Executive may voluntarily terminate his employment for “Good Reason” by notifying the Company in writing, within 90 days after the initial existence of one of the events below, that the Executive intends to terminate his employment for Good Reason, and, if such Good Reason is not cured in accordance with the cure provision set forth below, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason. “
By the Executive with Good Reason. The Executive may terminate this Agreement at any time effective upon written notice to the Company for Good Reason (as defined below). For purposes hereof, the term "Good Reason" shall mean that any one or more of the following has occurred:
By the Executive with Good Reason. Subject to the limitations of Section 1(n) regarding notice and cure, the Executive's employment may be terminated immediately by the Executive at any time during the Employment Period for Good Reason by providing a Notice of Termination.
By the Executive with Good Reason. If the Executive terminates employment with the Company for Good Reason (as defined below), the Executive will be entitled to the same severance to which he would have been entitled had the Company terminated Executive without Cause under Section 7(E) hereof, subject to the terms thereof. For purposes of this Agreement, termination by the Executive for “Good Reason” shall mean the termination of employment by the Executive (i) as a result of a material breach of this Agreement by the Company; (ii) a material reduction in the responsibility or authority of the Executive for the operations of the Company as it exists on the date hereof; or (iii) failure of the Company to pay the Executive’s salary or bonus, if any, in the time and manner contemplated by this Agreement if any; provided, however, that an event described in this sentence shall not constitute Good Reason unless it is communicated by the Executive to the Company in writing within 30 days of the event.
By the Executive with Good Reason. The employment of the Executive by the Company pursuant to this Agreement may be terminated by the Executive at any time with Good Reason by delivery to the Company of a Notice of Termination. In the event the employment by the Company of the Executive is terminated pursuant to this Section 10(f), the Executive shall be entitled to receive (i) all Base Salary and benefits to be paid or provided to the Executive under this Agreement through the Date of Termination, (ii) a pro rated bonus for the year in which the Executive’s termination of employment occurs, which shall be determined and paid in the manner provided in Section 10(a) hereof and (iii) the Base Salary and health, welfare and fringe benefits pursuant to Section 9(a) hereof to be paid or provided to the Executive under this Agreement for thirty-six (36) months following the Date of Termination.
