Change in Employment. For purposes of this Agreement a "Change in Employment" shall be deemed to have occurred (a) if (i) Executive's duties are materially and adversely changed without Executive's prior consent, (ii) Executive's salary or benefits are reduced other than as a general reduction of salaries and benefits by United HealthCare, (iii) without terminating Executive's employment United HealthCare terminates this Agreement, or (iv) the geographic location for the performance of Executive's duties hereunder is moved more than 50 miles from the geographic location at the Effective Date without Executive's prior consent, and (b) if in each case under subsections (a) (i), (ii), (iii) and (iv), in the period beginning 90 days before the time the Change in Employment occurs, Cause does not exist or if Cause does exist United HealthCare has not given Executive written notice that Cause exists. Notwithstanding the foregoing, an isolated, insubstantial or inadvertent action by United HealthCare, which is remedied by United HealthCare within 30 days after receipt of notice thereof by Executive, shall not constitute a Change in Employment. Executive may elect to treat a Change in Employment as a termination of this Agreement and Executive's employment hereunder. To do so Executive shall send written notice of such election to United HealthCare within 90 days after the date Executive receives notice from United HealthCare or otherwise is definitively informed of the events constituting the Change in Employment. No Change in Employment shall be deemed to have occurred if Executive fails to send the notice of election within the 90 day period. Executive's failure to treat a particular Change in Employment as a termination of employment shall not preclude Executive from treating a subsequent Change in Employment as a termination of employment. The effective date of a Change in Employment termination shall be the date 30 days after United HealthCare receives the written notice of election.
Change in Employment. I agree that any subsequent change in my duties, title, salary or compensation will not affect in any respect the validity, enforceability, or scope of this Agreement.
Change in Employment. The Option or Options granted hereunder shall not be affected by any change of employment (or by any temporary leave of absence approved by the Committee or by the Board itself), so long as the Employee continues to be in the employ of the Company or of a subsidiary of the Company.
Change in Employment. In the event that (A) C&M (i) assigns Employee any duty materially inconsistent with Employee’s position, (ii) reduces Employee’s base annual salary, (iii) materially breaches this Agreement, or (iv) relocates Employee’s primary work location by more than 50 miles, in each case without the consent of Employee, (B) Employee provides at least ten (10) business days’ written notice to the Company of such event, (C) the Company fails to reasonably cure such event within thirty (30) days following its receipt of such written notice and (D) Employee resigns from C&M within ten (10) business days following the end of such thirty (30) day period, then Employee shall have all the same rights and remedies under this Agreement as if C&M had terminated Employee’s employment without Cause.
Change in Employment. As of February 21, 2000, it is agreed that Wenich will no longer serve as Senior Vice President and Chief Financial Officer of H&R Block, Inc. or hold any other officer and director position now held with Block, its parents, subsidiaries and affiliates; however, his employment with Block will continue through his retirement on August 31, 2000 (the "Employment Termination Date"). During the period February 21, 2000, through the Employment Termination Date, Wenich will work on such projects and assignments as are mutually agreed upon by Block and Wenich, provided that, unless otherwise agreed to by Wenich, all such projects and assignments shall relate to the transition to new management. Wenich shall make himself available for deposition and trial testimony in matters of litigation involving Block and its affiliates through the Employment Termination Date. He shall continue to be a regular, full-time Block employee through the Employment Termination Date for the purposes of salary and certain benefits, as set forth in this Agreement. Wenich shall have no set hours of work and services shall be provided by Wenich from his home, except to the extent that such work must be performed at Block's offices or another location, as mutually agreed by Block and Wenich. As Wenich continues as an employee through the Employment Termination Date, Wenich's salary will be at the same annual rate as his annual rate of salary in effect on the Agreement Date and will be paid semi-monthly on the 15th and last day of each month. During the period February 21, 2000, through the Employment Termination Date any accrued and available vacation, floating holidays, personal days or paid time off benefits to which Wenich is eligible as of February 21, 2000, shall not be applied to any and all periods during which Wenich is not actively pursuing projects, tasks or functions on Block's behalf, and Wenich shall be paid for such days and benefits in accordance with Paragraph 3 of this Agreement. Wenich will resign (a) as Senior Vice President and Chief Financial Officer of H&R Block, Inc. and (b) from any and all officer and director positions held with Block, its parents, affiliates and subsidiaries effective as of February 21, 2000 (a complete list of all positions held on the date of this Agreement (collectively, the "Executive Positions") is attached hereto as Exhibit A). Such resignations shall not affect Wenich's status as an employee of Block or affect Wenich's participation in, or ...
Change in Employment. If you leave your employment during the period of your Agreement you are free to continue until the end of the term. Please note once your Agreement has ended you will not be allowed to take another car on the scheme.
Change in Employment. The Employee’s duties, title, salary and/or benefits may be modified by the Employer from time to time. Where the Employer modifies the Employee’s duties, salary and/or benefits, the Employee agrees that any such minor modification to any or all of the above, shall be deemed not to constitute a termination of this Agreement or the employment of the Employee hereunder or constitute Good Reason which terminates this Agreement in accordance with Section 5.6 and that all other aspects of this Agreement shall remain in full force and effect.
Change in Employment. Xxxxxx shall resign his position as Quixote’s Chief Executive Officer and President effective December 31, 2008. From January 1, 2009 through June 30, 2009 (the “Transition Period”), Xxxxxx shall remain employed as an officer of Quixote in his position as the Chairman of Quixote’s Board of Directors. Effective June 30, 2009, Xxxxxx shall retire and resign his employment with Quixote (the “Separation Date”). Following the Separation Date, Xxxxxx shall continue to serve as a Director for the remainder of his term, and, if so elected by the Board of Directors, shall continue as the Chairman of the Board, but not as an employee of Quixote.
Change in Employment. Notwithstanding any other provision of any other agreement, the RA is hereby amended to provide that Pxxxxx shall resign as, and cease to be, CEO of the Company and an employee of the Company effective as of the date of the Company Shareholder Approval and shall commence service as a “Senior Advisor to the Company” and as a member of the Board of Directors of the Company following the date of the Company Shareholder Approval.
Change in Employment. 1.01 By this Amendment, the Company employs West and West accepts employment with the Company (a) from the date hereof until the date of the “Company Shareholder Approval” (as defined in the Agreement and Plan of Share Exchange (the “Share Exchange Agreement”), dated as of November 4, 2005, between the Company and Cap Rock Holding Corporation (the “Holding Company”)), as its President, and (b) from and after the date of the Company Shareholder Approval, as its President and Chief Executive Officer (“CEO”).
