For Good Reason by Executive Sample Clauses

For Good Reason by Executive. Executive may, at his option, terminate Executive’s employment for “Good Reason” by giving a notice of termination to Employer in the event that, in the absence of events that would support a termination of Executive for Cause:
AutoNDA by SimpleDocs
For Good Reason by Executive. During the Contract Period while Executive is employed by DDR, Executive may terminate Executive’s employment under this Agreement forGood Reason” if any of the following circumstances occur:
For Good Reason by Executive. During the Contract Period while Executive is employed by SITE Centers, Executive may terminate Executive’s employment under this Agreement forGood Reason” if any of the following circumstances occur:
For Good Reason by Executive. Executive may, at Executive's option, terminate Executive's employment for "Good Reason" by giving written notice of termination to Employer in the event that there is a failure of Employer (or successor employer) to promptly pay Executive's salary or additional compensation or benefits hereunder in accordance with this Agreement in any material respect. It shall also be considered Good Reason for termination by Executive if, in the event of a Change of Control (as defined below), any successor employer fails to fully assume Employer's obligations under this Agreement. For purposes, of this Agreement, a "Change of Control", shall mean (i) the dissolution or liquidation of Employer, or (ii) the consummation of any merger or consolidation of Employer other than in a transaction in which Employer is the surviving corporation or a majority of the board of directors of the surviving corporation were directors of Employer before such transaction or are designated by the former shareholders of Employer, or (iii) a sale or other disposition of all or substantially all of the then-outstanding capital stock of Employer or a sale or other disposition of all or substantially all of Employer's assets. Good Reason shall also include any requirement that Executive move his principal office to a location outside the Research Triangle area of North Carolina.
For Good Reason by Executive. Executive may, at his option, terminate Executive’s employment for “Good Reason” by giving a notice of termination to Employer within 90 days after the initial existence of the condition in the event that there is: (i) a failure of Employer (or successor employer) to pay Executive’s salary or additional compensation or benefits hereunder in accordance with this Employment Agreement which has not been cured within 30 days after notice of such failure has been given by Executive to Employer; (ii) a material diminution in Executive’s authority, duties or responsibilities without Executive’s prior written consent; or (iii) any other material violation or material breach by Employer of this Employment Agreement which, if curable, has not been cured within 30 days after notice of such breach has been given by Executive to Employer.
For Good Reason by Executive. During the Term, Executive may terminate his employment under this Agreement at any time for "Good Reason." For purposes of this Agreement, "Good Reason" means:
AutoNDA by SimpleDocs
For Good Reason by Executive. Good Reason" will mean that Executive voluntarily resigns within thirty (30) days after the occurrence of any of the following events, without Executive's written consent (i) a material reduction of the duties, authority or responsibilities, relative to Executive's duties, authority or responsibilities as in effect immediately prior to such reduction, provided, however, that for purposes of this subsection (i) a material reduction of the duties, authority or responsibilities shall not exist in the event the Executive shall have authority and responsibility over a division, subsidiary or entity that is substantially similar in size to the division, subsidiary or entity over which Executive had authority and responsibility immediately prior to such reduction; (ii) a material reduction by the Employer of the Base Salary or target bonus as in effect immediately prior to such reduction, provided, however, that if the Employer institutes a Employer-wide reduction in salaries and bonus rates for other executive management team members, such reduction shall not be deemed "material" for this subsection; (iii) the failure of Employer to make any payment that it is required to make hereunder to Executive when such payment is due, with such failure continuing for at least ten (10) days after written demand for payment; (iv) a permanent reassignment of Executive's principal place of employment, without the written consent of Executive, to a location more than fifty (50) miles therefrom; or (v) an act or omission by Employer directed towards Executive that constitutes fraud, criminal misconduct, breach of the fiduciary duty of loyalty, gross negligence, malfeasance or willful misconduct.
For Good Reason by Executive. Executive may terminate this Agreement at any time for Good Reason. “Good Reason” shall mean, in each case to the extent not consented by Executive: (i) a breach by the Company of any material provision of this Agreement; or (ii) a material reduction of Executive’s Base Salary. Notwithstanding the foregoing, no action by the Company shall constitute Good Reason unless and until (A) the Company shall have received, within thirty (30) days of the commencement of the existence of the condition constituting Good Reason, written notice from the Executive alleging that such Good Reason exists and setting forth the basis therefore in reasonable detail; and (B) within thirty (30) days after the receipt of said notice by the Company, the Company shall have failed to cure or correct the circumstances giving rise to such Good Reason.
For Good Reason by Executive. Executive may terminate her employment under this Agreement for Good Reason. “Good Reason” shall mean, in each case to the extent not consented by Executive: (i) a breach by the Company of any material provision of this Agreement or any other written agreement between Executive and the Company; (ii) material a reduction of the Executive’s authority, duties, responsibilities, or requiring Executive to report to any individual or governing body other than the Company’s Board; (iii) a reduction of the Executive’s then-current Base Salary or Annual Bonus Target; (iv) an involuntary relocation of Executive’s principal place of employment by more than 100 miles or two (2) hours one-way driving time, provided that the Executive is required to report to such place in person; (v) the Company’s failure to obtain an agreement from any successor to the Company to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no succession had taken place, except where such assumption occurs by operation of law; (vi) the Company’s Common Stock no longer being publicly traded; or (vii) the Company’s failure to renew this Agreement at the end of the Initial Term or the then-current Renewal Term. Notwithstanding the foregoing, no action by the Company shall constitute Good Reason unless and until (A) the Company shall have received, within thirty (30) days of Executive’s discovery of the existence of the condition constituting Good Reason, written notice from the Executive alleging that such Good Reason exists and setting forth the basis therefore in reasonable detail (the “Good Reason Notice”); and (B) within thirty (30) days after the receipt of said notice by the Company, the Company shall have failed to cure or correct the circumstances giving rise to such Good Reason.
Time is Money Join Law Insider Premium to draft better contracts faster.