Common use of Constructive Termination of Employment Clause in Contracts

Constructive Termination of Employment. The term “Constructive Termination of Employment” means termination of Employment by Executive because the working conditions are so intolerable or aggravated that a reasonable person in the Executive’s position would be compelled to resign, provided that the Executive advised the Bank of the conditions and the Bank failed to take timely reasonable actions to remedy the conditions.

Constructive Termination of Employment. The term “Constructive Termination of Employment” means shall mean termination of Employment by Executive because the working conditions are so intolerable or aggravated that a reasonable person in the Executive’s position would be compelled to resign, provided that the Executive advised the Bank of the conditions and the Bank failed to take timely reasonable actions to remedy the conditions.

Constructive Termination of Employment. The term “"Constructive Termination of Employment” means " shall mean termination of Employment by Executive because the working conditions are so intolerable or aggravated that a reasonable person in the Executive’s 's position would be compelled to resign, provided that the Executive advised the Bank of the conditions and the Bank failed to take timely reasonable actions action to remedy the conditions. Following a Change in Control, a material adverse change in the Executive's position, responsibilities, duties, salary, benefits or location of employment are per se intolerable working conditions."

Constructive Termination of Employment. The term “"Constructive Termination of Employment” " means termination of Employment by Executive because the working conditions are so intolerable or aggravated that a reasonable person in the Executive’s 's position would be compelled to resign, provided that the Executive advised the Bank Bank/Employer of the conditions and the Bank Bank/Employer failed to take timely reasonable actions to remedy the conditions.

Constructive Termination of Employment. The term “"Constructive Termination of Employment” means " shall mean termination of Employment by Executive because the working conditions are so intolerable or aggravated that a reasonable person in the Executive’s 's position would be compelled to resign, provided that the Executive advised the Bank of the conditions and the Bank failed to take timely reasonable actions to remedy the conditions.

Constructive Termination of Employment. The term “Constructive Termination of Employment” means shall mean termination of Employment by Executive because the working conditions are so intolerable or aggravated that a reasonable person in the Executive’s position would be compelled to resign, provided that the Executive advised the Bank of the conditions and the Bank failed to take timely reasonable actions action to remedy the conditions. Following a Change in Control, a material adverse change in the Executive’s position, responsibilities, duties, salary, benefits or location of employment are per se intolerable working conditions.”