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

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason.

Appears in 10 contracts

Samples: Employment Agreement (Steinway Musical Instruments Inc), Employment Agreement (Steinway Musical Instruments Inc), Employment Agreement (Steinway Musical Instruments Holdings, Inc.)

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Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for Good Reason” by notifying the Company in writing, within Reason if (i) not later than ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, any act or omission that the Executive is terminating his employment for constitutes Good Reason, provided that the Executive provides the Company shall have forty-five with a written notice setting forth in reasonable detail the acts or omissions that constitute Good Reason, (45ii) the Company fails to correct or cure the acts or omissions within thirty (30) days to cure. If after it receives such Good Reason is not curedwritten notice, and (iii) the Executive must actually terminate terminates his employment no with the Company after the expiration of such cure period but not later than six months following sixty (60) days after the initial existence expiration of such Good Reasoncure period.

Appears in 7 contracts

Samples: Employment Agreement (First Person Ltd.), Employment Agreement (Immunic, Inc.), Employment Agreement (First Person Ltd.)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for Good Reason” by notifying the Company in writing, within Reason if (i) not later than ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, any act or omission that the Executive is terminating his employment for constitutes Good Reason, provided that the Executive provides the Company shall have forty-five with a written notice setting forth in reasonable detail the acts or omissions that constitute Good Reason, (45ii) the Company fails to correct or cure the acts or omissions within thirty (30) days to cure. If after it receives such Good Reason is written notice, and (iii) Executive terminates his employment with the Company after the expiration of such cure period but not cured, the Executive must actually terminate employment no later than six months following sixty (60) days after the initial existence expiration of such Good Reasoncure period.

Appears in 7 contracts

Samples: Employment Agreement (Clever Leaves Holdings Inc.), Employment Agreement (Amber Road, Inc.), Employment Agreement (Clever Leaves Holdings Inc.)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for shall have good reason (“Good Reason” by notifying the Company in writing, ”) as defined below to resign his employment within ninety sixty (9060) days after following notice and receive the same payments as provided under Section 5(d) (and subject to the same release requirement), provided the Executive has first obtains knowledge provided written notice to the Employer of conduct warranting termination of the occurrence of one of the events below, that the Executive is terminating his Executive’s employment for Good Reason, Reason and provided that the Company shall have forty-five Employer a period of not less than thirty (4530) days to cure. If cure such Good Reason is not curedconduct, without the Executive must actually terminate employment no later than six months following written consent of the initial existence of such Good Reason.Executive:

Appears in 5 contracts

Samples: Executive Employment Agreement (SAExploration Holdings, Inc.), Executive Employment Agreement (SAExploration Holdings, Inc.), Executive Employment Agreement (SAExploration Holdings, Inc.)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his Executive’s employment for Good Reason, provided that Reason after providing the Company shall with written notice of the Executive’s intent to terminate the Executive’s employment and the reason(s) therefor. The Company will have forty30 days in which to cure the reason(s) provided by the Executive. At the end of the 30-five (45) days to cure. If such day period, if the Company has not cured the Good Reason is not curedcause of the Executive’s termination, the Executive must actually Executive’s employment will terminate employment no later than six months following a reasonable transition period specified by the initial existence of such Good ReasonCompany not to exceed 30 days.

Appears in 3 contracts

Samples: Employment Agreement (Dawson Geophysical Co), Voting Agreement (TGC Industries Inc), Voting Agreement (Dawson Geophysical Co)

Termination by the Executive for Good Reason. i. 10.10. The Executive’s employment may be terminated by the Executive may voluntarily terminate for Good Reason by his employment for “Good Reason” by notifying giving the Company six months’ notice in writing, within ninety (90) days after . In the Executive first obtains knowledge of the occurrence of one of the events below, event that the Executive is terminating terminates his employment for Good ReasonReason the Executive shall, provided that the Company shall have forty-five (45) Executive has signed a General Release within 5 business days to cure. If such Good Reason is not curedfrom the date that notice expires, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason.be eligible for:

Appears in 3 contracts

Samples: Employment Agreement (Ipc Holdings LTD), Employment Agreement (Ipc Holdings LTD), Employment Agreement (Ipc Holdings LTD)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for Good Reason” by notifying the Company in writing, Reason at any time within ninety (90) days after the Executive first obtains has actual knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason.. For purposes of this Agreement, the term “Good Reason” shall mean:

Appears in 2 contracts

Samples: Employment Agreement (Spheric Technologies, Inc.), Employment Agreement (Spheric Technologies, Inc.)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his Executive's employment for Good Reason, provided that Reason after providing the Company shall have forty-five (45) with written notice within 60 days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following of the initial existence of such Good ReasonReason of the Executive's intent to terminate the Executive's employment and the reason(s) therefor. The Company will have 30 days in which to cure the reason(s) provided by the Executive. At the end of such 30-day period, if the Company has not cured the Good Reason specified in the written notice as the reason for such termination, then the Executive's employment will terminate following a reasonable transition period not to exceed 30 days specified by the Company in written notice to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Dawson Geophysical Co), Employment Agreement (Dawson Geophysical Co)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for Good Reason” by notifying the Company in writing, within ninety Reason if (90i) not later than sixty (60) days after the Executive first obtains knowledge of the occurrence of one of the events below, any act or omission that the Executive is terminating his employment for constitutes Good Reason, provided that the Executive provides the Company shall have forty-five with a written notice setting forth in reasonable detail the acts or omissions that constitute Good Reason, (45ii) the Company fails to correct or cure the acts or omissions within thirty (30) days to cure. If after it receives such Good Reason is not curedwritten notice, and (iii) Executive terminates his employment with the Executive must actually terminate employment no later than six months following Company during the initial existence sixty (60) day period commencing upon the expiration of such Good Reasoncure period.

Appears in 2 contracts

Samples: Employment Agreement (Vislink Technologies, Inc.), Employment Agreement (Vislink Technologies, Inc.)

Termination by the Executive for Good Reason. i. The Executive’s employment may be terminated by the Executive may voluntarily terminate his by written notice to the Board of Directors within sixty (60) days following an event constituting “Good Reason.” The Executive’s termination of employment for shall become effective on the thirty-first (31st) day following such notice, provided the Bank, or its successor, has not remedied the condition giving rise to the event of “Good Reason.” For purposes of this Agreement, “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason.mean:

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Meridian Interstate Bancorp Inc), Supplemental Executive Retirement Agreement (Meridian Bancorp, Inc.)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his the Executive’s employment at any time upon at least thirty (30) days’ written notice to the Corporation specifying the basis for the claim of Good Reason (if the Corporation fails to cure such event or rectify the basis for the claim of Good Reason within such thirty-day period) (any such termination referenced in clauses (i)-(v) below, constituting termination for “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason.”):

Appears in 1 contract

Samples: Employment Agreement (Charter Communications Inc /Mo/)

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Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment under this Agreement for Good Reason” Reason by notifying providing the Company in writing, with a Notice of Termination specifying the actions giving rise to Good Reason within ninety (90) [30] days after the Executive first obtains knowledge of the occurrence of one of the events belowsuch actions; provided, that the Executive is terminating his employment for Good Reasonhowever, provided that the Company shall have forty-five (45) a period of [30] days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence receipt of such Good Reason.Notice of Termination to cure such actions

Appears in 1 contract

Samples: Employment Agreement (Emtec Inc/Nj)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his the Executive’s employment for Good Reason” by notifying the Company in writing, Reason at any time within ninety (90) days after the Executive first obtains has actual knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence of such Good Reason.. For purposes of this Agreement, the term “Good Reason” shall mean:

Appears in 1 contract

Samples: Employment Agreement (Spheric Technologies, Inc.)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his Executive’s employment for Good Reason, provided that Reason after providing the Company shall have forty-five (45) with written notice within 60 days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following of the initial existence of such Good ReasonReason of the Executive’s intent to terminate the Executive’s employment and the reason(s) therefor. The Company will have 30 days in which to cure the reason(s) provided by the Executive. At the end of such 30-day period, if the Company has not cured the Good Reason specified in the written notice as the reason for such termination, then the Executive’s employment will terminate following a reasonable transition period not to exceed 30 days specified by the Company in written notice to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Dawson Geophysical Co)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment for “Good Reason” by notifying the Company in writing, within ninety (90) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six (6) months following the initial existence of such Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Steinway Musical Instruments Inc)

Termination by the Executive for Good Reason. i. The Executive may voluntarily terminate his employment hereunder for "Good Reason” by notifying ," provided that the Company in writing, Executive shall have delivered a Notice of Termination within ninety (90) days after the Executive first obtains knowledge occurrence of the event of Good Reason giving rise to such termination. For purposes of this Agreement, "Good Reason" shall mean the occurrence of one or more of the events belowfollowing circumstances, that without the Executive is terminating his employment for Good ReasonExecutive's express written consent, provided that and which are not remedied by the Company shall have forty-five within thirty (4530) days to cure. If such Good Reason is not cured, of receipt of the Executive must actually terminate employment no later than six months following Executive's Notice of Termination except in the initial existence event of such Good Reason.a Change in Control:

Appears in 1 contract

Samples: Employment Agreement (Quest Diagnostics Inc)

Termination by the Executive for Good Reason. i. The Executive's employment may be terminated by the Executive may voluntarily terminate his employment for “Good Reason” by notifying written notice to the Company in writing, Board of Directors within ninety sixty (9060) days after the Executive first obtains knowledge of the occurrence of one of the events below, that the Executive is terminating his employment for Good Reason, provided that the Company shall have forty-five (45) days to cure. If such Good Reason is not cured, the Executive must actually terminate employment no later than six months following the initial existence of such an event constituting "Good Reason." The Executive's termination of employment shall become effective on the thirty-first (31st) day following such notice, provided the Bank, or its successor, has not remedied the condition giving rise to the event of "Good Reason." For purposes of this Agreement, "Good Reason" shall mean:

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Meridian Interstate Bancorp Inc)

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