Common use of Termination by Executive for Good Reason Clause in Contracts

Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive may terminate her employment with both the Company and the Bank if the Executive has Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall mean:

Appears in 4 contracts

Samples: Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc), Executive Employment Agreement (Community Financial Group Inc)

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Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive pursuant to this Agreement may terminate her employment with both prior to the Company and expiration of the Bank if Term in the event Executive has Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, a "Good Reason" to terminate his employment, which shall meanmean the following:

Appears in 4 contracts

Samples: Employment Agreement (Enzon Inc), Employment Agreement (Enzon Pharmaceuticals Inc), Employment Agreement (Enzon Pharmaceuticals Inc)

Termination by Executive for Good Reason. During the term of Executive may terminate Executive's employment hereunder, under this Agreement for Good Reason in accordance with the Executive may terminate her employment with both the Company and the Bank if the Executive has Good Reason, as defined belowensuing provisions of this paragraph 4.3. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, for "Good Reason" shall meanmean termination of employment based on any one or more of the following:

Appears in 4 contracts

Samples: Employment Agreement (Ivdesk Holdings, Inc.), Executive Employment Agreement (Illuminated Media Inc), Employment Agreement (Photran Corp)

Termination by Executive for Good Reason. During the term of Executive may terminate Executive's employment hereunder, the Executive may terminate her employment with both the Company and the Bank if the Executive has under this Agreement for Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, for "Good Reason" shall meanmean termination of employment based on any one or more of the following:

Appears in 3 contracts

Samples: Executive Employment Agreement (Xata Corp /Mn/), Executive Employment Agreement (Xata Corp /Mn/), Executive Employment Agreement (Xata Corp /Mn/)

Termination by Executive for Good Reason. During the term of It is expressly acknowledged and agreed that if Executive's ’s employment hereunder, shall be terminated because the Executive may terminate her employment with both resigns for Good Reason, then all of the obligations under Sections 1 through 5 of the Company and Executive shall cease except that the Bank if Company shall pay, or provide the following benefits, to Executive has Good Reason, as defined below. Termination by without further recourse or liability to the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall meanCompany:

Appears in 3 contracts

Samples: Employment Agreement (Brooks Automation Inc), Employment Agreement (Brooks Automation Inc), Employment Agreement (Brooks Automation Inc)

Termination by Executive for Good Reason. During Executive’s employment pursuant to this Agreement shall terminate in the term of Executive's employment hereunder, the event Executive may terminate her employment with both the Company and the Bank if the Executive has shall determine that there is “Good Reason” to terminate Executive’s employment, as defined below. Termination by which shall mean the Executive following: (i) Employer’s material breach of Executive's employment with either entity shall be deemed termination with both. For purposes the terms of this Agreement, "Good Reason" shall mean:Agreement or any other written agreement between Executive and Employer; or

Appears in 3 contracts

Samples: Executive Employment Agreement (Biolife Solutions Inc), Executive Employment Agreement (Biolife Solutions Inc), Executive Employment Agreement (Biolife Solutions Inc)

Termination by Executive for Good Reason. During Executive’s employment pursuant to this Agreement may be terminated by Executive for “good reason” if Executive voluntarily terminates his employment as a result of any of the term of Executive's employment hereunder, the Executive may terminate her employment with both the Company and the Bank if the Executive has Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall meanfollowing:

Appears in 2 contracts

Samples: Executive Employment Agreement (Trizetto Group Inc), Executive Employment Agreement (Trizetto Group Inc)

Termination by Executive for Good Reason. During the term of The Executive's ’s employment hereunder, may be terminated by the Executive may terminate her employment with both the Company and the Bank for “Good Reason” if the Executive has Good Reason, as defined below. Termination by the Executive of Executive's resigns from his employment with either entity shall be deemed termination the Company in accordance with both. For purposes the following sentence after the occurrence of this Agreementany of the following events, "Good Reason" shall meanwithout the Executive’s consent:

Appears in 2 contracts

Samples: Employment Agreement (Establishment Labs Holdings Inc.), Employment Agreement (Establishment Labs Holdings Inc.)

Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive may terminate her his employment with both at any time for Good Reason and, in such event, Employer shall continue to be obligated to pay Executive the Company amounts and the Bank if the Executive has Good Reason, as defined below. Termination by the Executive benefits set forth in Sections 11 and 12 of Executive's employment with either entity shall be deemed termination with boththis Agreement. For purposes of this Agreement, "Good Reason" shall shall, without Executive's express written consent, mean:

Appears in 2 contracts

Samples: Employment Agreement (Wolverine World Wide Inc /De/), Employment Agreement (Wolverine World Wide Inc /De/)

Termination by Executive for Good Reason. During the term of Executive's ’s employment hereunder, the pursuant to this Agreement may be terminated by Executive may terminate her employment with both the Company and the Bank if the Executive has for “Good Reason, ” if Executive voluntarily terminates Executive’s employment as defined below. Termination by a result of any of the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall meanfollowing:

Appears in 2 contracts

Samples: Executive Employment Agreement (AV Homes, Inc.), Form of Executive Employment Agreement (AV Homes, Inc.)

Termination by Executive for Good Reason. During Executive’s employment pursuant to this Agreement shall terminate in the term of Executive's employment hereunder, the event Executive may terminate her employment with both the Company and the Bank if the Executive has shall determine that there is “Good Reason” to terminate his employment, as defined below. Termination by which shall mean the Executive following: a Employer’s material breach of Executive's employment with either entity shall be deemed termination with both. For purposes the terms of this Agreement, "Good Reason" shall mean:Agreement or any other written agreement between Executive and Employer;

Appears in 1 contract

Samples: Executive Employment Agreement (Biolife Solutions Inc)

Termination by Executive for Good Reason. During the term of The Executive's ’s employment hereunder, may be terminated by the Executive may terminate for “Good Reason” if the Executive resigns from her employment with both the Company and in accordance with the Bank if following sentence after the Executive has Good Reasonoccurrence of any of the following events, as defined below. Termination by without the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall mean’s consent:

Appears in 1 contract

Samples: Employment Agreement (Establishment Labs Holdings Inc.)

Termination by Executive for Good Reason. During the term of Executive's employment hereunder, pursuant to this Agreement may be terminated by Executive prior to the Executive may terminate her employment with both expiration of the Company and Term in the Bank if the event Executive has Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, a "Good Reason" to terminate his employment, which shall meanmean the following:

Appears in 1 contract

Samples: Employment Agreement (Enzon Pharmaceuticals Inc)

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Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive may terminate her his employment with both the Company and the Bank if of the Executive has Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall mean:

Appears in 1 contract

Samples: Executive Employment Agreement (Community Financial Group Inc)

Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive may terminate her his employment with both the Company and the Bank if the Executive has Good Reason, as defined below. Termination by the Executive of Executive's ' s employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall mean:

Appears in 1 contract

Samples: Executive Employment Agreement (Community Financial Group Inc)

Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive may terminate her employment with both the Company and the Bank if the Executive has hereunder at any time for Good Reason, such termination to be effective as defined below. Termination of the date stated in a written notice of termination delivered by Executive to the Executive Company (or such earlier date after the delivery of Executive's employment with either entity shall be deemed termination with bothsuch notice as the Company may elect). For purposes of this Agreement, "Good Reason" shall mean:“Good

Appears in 1 contract

Samples: Executive Employment Agreement (Nexstar Media Group, Inc.)

Termination by Executive for Good Reason. During the term of Executive's ’s employment hereunder, pursuant to this Agreement shall be deemed terminated by the Executive may terminate her employment with both the Company and the Bank for “Good Reason” if the Executive has Good Reason, voluntarily terminates his employment as defined below. Termination by a result of any of the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall meanfollowing:

Appears in 1 contract

Samples: Executive Employment Agreement (Sonic Environmental Solutions Inc/Can)

Termination by Executive for Good Reason. During the term of Executive's employment hereunder, the Executive may terminate her his employment with both hereunder for Good Reason. In the event Executive terminates his employment for Good Reason at any time during the Term, in addition to any severance payments to which Executive is otherwise entitled, the Company and shall pay to Executive the Bank if the Executive has Good Reason, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall mean:Full Term Compensation.

Appears in 1 contract

Samples: Employment Agreement (Bell Industries Inc /New/)

Termination by Executive for Good Reason. During Executive’s employment pursuant to this Agreement may be terminated by Executive prior to the term expiration of Executive's employment hereunder, the Executive may terminate her employment with both Term in the Company and the Bank if the event Executive has a “Good Reason” to terminate his employment, as defined below. Termination by which shall mean the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall meanfollowing:

Appears in 1 contract

Samples: Employment Agreement (Enzon Pharmaceuticals Inc)

Termination by Executive for Good Reason. During Executive’s employment pursuant to this Agreement shall terminate in the term event Executive shall determine that there is “Good Reason” to terminate Executive’s employment, which shall mean the following: (i) Employer’s material breach of the terms of this Agreement or any other written agreement between Executive and Employer; or (ii) The occurrence of any of the following conditions, without Executive’s consent: (A) a significant diminution in the nature or scope of Executive's employment hereunder’s authority, the Executive may terminate her employment with both the Company and the Bank if the Executive has Good Reasontitle, as defined below. Termination by the Executive of Executive's employment with either entity shall be deemed termination with both. For purposes of this Agreement, "Good Reason" shall mean:function or duties;

Appears in 1 contract

Samples: Employment Agreement (Biolife Solutions Inc)

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