Cause and Good Reason Sample Clauses

Cause and Good Reason. Unless otherwise defined in a written agreement between the Employee and the Company, for purposes of this Agreement the terms “Cause” and “Good Reason” shall have the following meanings:
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Cause and Good Reason. By notice to the Employee, the President of the Company or the Board may terminate this Agreement for Cause. As used herein, "
Cause and Good Reason. For purposes of this Agreement, “Cause” and “Good Reason” for termination of employment have the meanings set forth in Employee’s employment agreement.
Cause and Good Reason. The Company may terminate Executive’s employment for Cause, and Executive may terminate Executive’s employment for Good Reason (each as defined in Appendix II).
Cause and Good Reason. For purposes of this Agreement, “Cause” shall be deemed to exist if, and only if, the Company notifies the Grantee, in writing, within 60 days of its knowledge that one of the following events have occurred: (1) the Grantee engages in acts or omissions constituting dishonesty, intentional breach of fiduciary obligation or intentional wrongdoing or malfeasance, in each case that results in substantial harm to the Company; or (2) the Grantee is convicted of a criminal violation involving fraud or dishonesty. For purpsoes of this Agreement, “Good Reason” shall be deemed to exist if, and only if, the Company has failed to cure any of the following conditions within 30 days after receipt of advanced written notice of such conditions by the Grantee: (1) a significant diminution in the nature or the scope of the Grantee’s authorities or duties; (2) there is a signficant reduction in the Grantee’s monthly rate of base salary and opportunity to earn a bonus under an incentive bonus compensation plan maintained by the Company; (3) the Company changes by 50 miles or more the principal location at which the Grantee is required to perform services as of the date of a Change in Control; or (4) the Company or any successor materially breaches this Agreement.
Cause and Good Reason. For purposes of this Agreement the terms “Cause” and “Good Reason” shall have the following meanings:
Cause and Good Reason. For purposes of this Agreement, “Cause” and “Good Reason” shall have the same meanings set forth in the Participant’s employment agreement with the Company or any of its Affiliates and which is in effect on the Grant Date and, with respect to a Qualifying Termination for Good Reason, the Participant must follow the Good Reason termination process set forth in the Participant’s employment agreement to terminate due to Good Reason under this Agreement.
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Cause and Good Reason. For purposes of this Agreement, “
Cause and Good Reason. The Company may terminate this Agreement (other than Sections 6(d) and 7 hereof) at any time, with or without "Cause" (as defined below), and the Executive may terminate this Agreement (other than Sections 6(d) and 7 hereof) for "Good Reason" (as defined below). If Executive's employment is terminated pursuant to this Section 6(c), Executive shall be entitled to receive the amounts specified in Section 6 (d) (i) below. Termination of Executive's employment hereunder shall be effective upon delivery of such notice of termination in accordance with Section 15 hereof.
Cause and Good Reason. For purposes of this Agreement, “Cause” shall have the meaning set forth in Section 3(a) of this Agreement. For purposes of this Agreement, “Good Reason” shall mean (i) without the express written consent of the Executive, any reduction of the Executive’s base salary with Corporation or any of its subsidiaries, as the case may be, (ii) without the express written consent of the Executive, Corporation or any of its subsidiaries, as the case may be, requiring the Executive to be based in any office or location other than at which the Executive is based at the date of the Change in Control (except for travel which is reasonably required in the performance of the Executive’s responsibilities and which is substantially similar as to frequency and duration to the travel required of the Executive during the one-year period immediately prior to the date of the Change in Control), or (iii) without the express written consent of the Executive, Corporation or any of its subsidiaries, as the case may be, significantly reduces the duties, responsibilities, authority or title of the Executive. Any termination by Corporation or any of its subsidiaries, as the case may be, for Cause or by the Executive for Good Reason shall be communicated by a Notice of termination to the other party. For purposes of this Agreement, a “Notice of Termination” shall mean a written notice which (i) indicates the specific termination provision of this Agreement relied upon, (ii) sets forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of the Executive’s employment under the provision so indicated, and (iii) specifies the termination date such employment.
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