RESIGNATION FOR CAUSE - CHANGE IN CONTROL OR DIMINUTION IN DUTIES. In the event that there is a change in Control of the Company or in the event that the CEO materially reduces the scope and/or authority of your duties as President and Acting CFO, then you may terminate his employment by giving the Company 30 days advance written notice. In such event, you shall be entitled to payment in accordance with Paragraph 10.c.i and/or 10.c.ii of this Agreement.
Appears in 2 contracts
Samples: Executive Employment Agreement (Explore Anywhere Holding Corp), Restricted Stock Purchase Agreement (ePunk, Inc.)
RESIGNATION FOR CAUSE - CHANGE IN CONTROL OR DIMINUTION IN DUTIES. In the event that there is a change in Control of the Company or in the event that the CEO materially reduces the scope and/or authority of your duties as President and Acting CFOCEO, then you may terminate his employment by giving the Company 30 days advance written notice. In such event, you shall be entitled to payment in accordance with Paragraph 10.c.i and/or 10.c.ii of this Agreement.
Appears in 1 contract
Samples: Executive Employment Agreement (Explore Anywhere Holding Corp)
RESIGNATION FOR CAUSE - CHANGE IN CONTROL OR DIMINUTION IN DUTIES. In the event that there is a change in Control of the Company or in the event that the CEO Board materially reduces the scope and/or authority of your duties as President and Acting CFOCEO, then you may terminate his employment by giving the Company 30 days advance written notice. In such event, you shall be entitled to payment in accordance with Paragraph 10.c.i and/or 10.c.ii of this Agreement.
Appears in 1 contract