Common use of DEFINITION OF "FOR GOOD REASON Clause in Contracts

DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "for good reason" means any of the following: (a) Employer's material breach of this Agreement; (b) the assignment of Executive without his consent to a position, responsibilities, or duties of a materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date, (c) the relocation of Executive's place of employment more than 30 miles from its current location without Executive's consent, or (d) a reduction in Executive's base salary or material reduction in his benefits.

Appears in 6 contracts

Samples: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)

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DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "for good reason" means any of the following: (a) Employer's material breach of this Agreement; (b) the assignment of Executive without his consent to a position, responsibilities, or duties of a materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date, (c) the relocation of Executive's place of employment more than 30 miles from its current location without Executive's consent, or (d) a reduction redaction in Executive's base salary or material reduction in his benefits.

Appears in 2 contracts

Samples: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)

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DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "for good reason" means any of the following: (a) Employer's ’s material breach of this Agreement; (b) the assignment of Executive without his consent to a position, responsibilities, or duties of a materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date, (c) the relocation of Executive's ’s place of employment more than 30 miles from its his current location without Executive's ’s consent, or (d) a reduction in Executive's ’s base salary or material reduction in his benefits.

Appears in 2 contracts

Samples: Employment Agreement (Badu Holdings, Inc.), Employment Agreement (Badu Holdings, Inc.)

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