Constructive Dismissal. If one of the following events occur during Employee's employment, then Employee may resign his ASC employment as being constructively dismissed and receive payment of one year's salary. 1. If Employee is demoted from the position of Chief Communication Officer (which title may be changed) without his consent. 2. If Employee's duties are materially reduced or the level of his job responsibilities is materially reduced without his consent. 3. If Employee's base salary is reduced.
Appears in 1 contract
Sources: Key Employee Employment Agreement (Advanced Switching Communications Inc)
Constructive Dismissal. If one of the following events occur during Employee's employment, then Employee may resign his ASC employment as being constructively dismissed and receive payment of one year's base salary.
1. If Employee is demoted from the position of Chief Communication Financial Officer (which title may be changed) without his consent.
2. If Employee's duties are materially reduced or the level of his job responsibilities is materially reduced without his consent.
3. If Employee's base salary is reduced.
Appears in 1 contract
Sources: Key Employee Employment Agreement Addendum (Advanced Switching Communications Inc)
Constructive Dismissal. If one of the following events occur during Employee's employment, then Employee may resign his ASC employment as being constructively dismissed and receive payment of one year's salary.
1. If Employee is demoted from the position of Chief Communication Officer VP, General Counsel (which title may be changed) without his consent.
2. If Employee's duties are materially reduced or the level of his job responsibilities is materially reduced without his consent.
3. If Employee's base salary is reduced.
Appears in 1 contract
Sources: Key Employee Employment Agreement (Advanced Switching Communications Inc)