Termination by Xx. Xxxxxx for Good Reason Sample Clauses

Termination by Xx. Xxxxxx for Good Reason. Xx. Xxxxxx may, at any time at his option within sixty (60) days following an event or condition that constitutes Good Reason (as defined below), resign for Good Reason as Chairman and CEO and from all other positions with Sun and its direct and indirect subsidiaries by written notice to Sun at least thirty (30) days prior to the date of termination specified in such notice; provided, however, that Sun has not substantially corrected the event or condition that would constitute Good Reason prior to the date of termination. Payment to Xx. Xxxxxx upon a termination for Good Reason is set forth in Section 6(b).
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Termination by Xx. Xxxxxx for Good Reason. In the event Xx. Xxxxxx terminates this Agreement with at least ninety (90) days’ written notice and for “Good Reason,” as defined below, during the Term, he shall be entitled to receive the benefits provided in Section 4(a) above. For purposes of this Section 4(b), “Good Reason” shall be provided by the occurrence of any of the following events: i) Xx. Xxxxxx’x removal as President and Chief Executive Officer of the Company or any other material adverse change by the Company in Xx. Xxxxxx’x duties, authority or responsibilities as President and Chief Executive Officer of the Company; ii) a reduction of more than twenty percent (20%) of Xx. Xxxxxx’x base salary, unless made with Xx. Xxxxxx’x express written consent; iii) a material reduction in the kind or level of employee benefits such that Xx. Xxxxxx’x overall benefits package is significantly reduced, unless made with Xx. Xxxxxx’x express written consent; iv) if as a result of a relocation of the Company to a facility more than fifty (50) miles from the Company’s current location, Xx. Xxxxxx is required to relocate his residence, unless made with Xx. Xxxxxx’x express written consent; v) a material breach of this Agreement by the Company that has not been cured within thirty (30) days after written notice thereof by Xx. Xxxxxx to the Company; or vi) a change of control (as defined in Section 4(c)) of the Company that materially changes Xx. Xxxxxx’x duties, title or responsibility.
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Termination by Xx. Xxxxxx for Good Reason. Xx. Xxxxxx may, at any time at his option within sixty (60) days following the initial existence of the particular event or condition that constitutes Good Reason (as defined below), resign for Good Reason as Chairman, CEO and President and from all other positions with Sabra and its direct and indirect subsidiaries by written notice to Sabra at least thirty (30) days prior to the date of termination specified in such notice; provided, however, that Sabra has not substantially corrected the event or condition that would constitute Good Reason prior to the date of termination. Payment to Xx. Xxxxxx upon a termination for Good Reason is set forth in Section 5(b). Xx. Xxxxxx’ continued employment shall not, by itself, constitute consent to or a waiver of rights with respect to any circumstances constituting Good Reason hereunder.
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Termination by Xx. Xxxxxx for Good Reason. Xx. Xxxxxx may, at any time at her option within sixty (60) days following an event or condition that constitutes Good Reason (as defined below), resign for Good Reason as an officer and employee and from all other positions with SHSS, SHG and any other related entity by written notice to SHG at least thirty (30) days prior to the date of termination specified in such notice; provided, however, that SHG and/or SHSS has not substantially corrected the event or condition that would constitute Good Reason prior to the date of termination. Payment to Xx. Xxxxxx upon a termination for Good Reason is set forth in Section 6(b).
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Termination by Xx. Xxxxxx for Good Reason. Xx. Xxxxxx may terminate this Agreement, and his employment with Employer, for "good reason" upon the occurrence of any of the following:
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Termination by Xx. Xxxxxx for Good Reason. In the event Xx. Xxxxxx terminates this Agreement for “Good Reason” (as defined below) during the Term, he shall be entitled to receive the benefits provided in Section 4(a) above. For purposes of this Section 4(b), “Good Reason” shall mean the occurrence of any of the following events, without Xx. Xxxxxx’x express written consent: i) a material diminution by the Company of Xx. Xxxxxx’x duties, authority or responsibilities, including without limitation, any removal of Xx. Xxxxxx as President and Chief Executive Officer of the Company, except in connection with promotion to a higher position; ii) any material diminution in Xx. Xxxxxx’x base compensation, which, for purposes of this Agreement, means a reduction of more than twenty percent (20%) of Xx. Xxxxxx’x Base Salary then in effect; iii) any material change in the geographic location at which Xx. Xxxxxx must perform services under this Agreement, which, for purposes of this Agreement, means relocation of the Company’s headquarters to a facility more than fifty (50) miles from the Company’s current location, which requires Xx. Xxxxxx to relocate his residence; or iv) any action or inaction that constitutes a material breach of this Agreement by the Company. Xx. Xxxxxx shall not have Good Reason for termination unless Xx. Xxxxxx gives written notice of the event that constitutes Good Reason to the Company within ninety (90) days of the initial occurrence of such event, the Company fails to cure the event within thirty (30) days after the date on which Xx. Xxxxxx gives written notice thereof, and Xx. Xxxxxx terminates employment within thirty (30) days after the end of the cure period. In addition to the foregoing, if a Change of Control of the Company occurs that materially changes Xx. Xxxxxx’x duties, title or responsibilities, Xx. Xxxxxx may elect to terminate employment during the thirty (30)-day period beginning one (1) year after the closing of the Change of Control, and such termination shall be considered termination for Good Reason.
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Termination by Xx. Xxxxxx for Good Reason. Subject to the provisions of Section 8(d), and at his option, Xx. Xxxxxx may terminate his employment hereunder for Good Reason. For purposes of this Agreement, the termination of this Agreement by Xx. Xxxxxx because of the occurrence of any one or more of the following events shall be deemed to have occurred for “Good Reason”:
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Related to Termination by Xx. Xxxxxx for Good Reason

  • Termination by Xxxxxxx (a) SORACOM may terminate the Agreement in the following situations, in which case SORACOM will give the Subscriber reasonable notice of such termination.

  • Termination by Xxxxxx Xilinx may terminate this Agreement for material breach by Licensee, provided that Xilinx has given written notice to Licensee of such breach and Licensee fails to cure such breach within thirty (30) days thereof; provided, however, in the event of a breach of confidentiality under Section 7 whereby unauthorized disclosure and/or dissemination by electronic or other means is likely to cause undue harm to Xilinx, then Xilinx may, at its discretion, immediately terminate this Agreement and seek other appropriate equitable and legal remedies as deemed necessary to protect its interests hereunder.

  • Termination by Employee for Good Reason Employee may terminate his employment hereunder for "Good Reason." As used herein, "Good Reason" shall mean the continuance of any of the following after ten (10) days' prior written notice by Employee to the Company, specifying the basis for such Employee's having Good Reason to terminate this Agreement:

  • Termination by Xxxxx Subject to Section 5.2, the CAISO may terminate this Agreement by giving written notice of termination in the event that the Participating Load commits any material default under this Agreement and/or the CAISO Tariff which, if capable of being remedied, is not remedied within thirty (30) days after the CAISO has given, to the Participating Load, written notice of the default, unless excused by reason of Uncontrollable Forces in accordance with Article X of this Agreement. With respect to any notice of termination given pursuant to this Section, the CAISO must file a timely notice of termination with FERC, if this Agreement was filed with FERC, or must otherwise comply with the requirements of FERC Order No. 2001 and related FERC orders. The filing of the notice of termination by the CAISO with FERC will be considered timely if: (1) the filing of the notice of termination is made after the preconditions for termination have been met, and the CAISO files the notice of termination within sixty (60) days after issuance of the notice of default; or (2) the CAISO files the notice of termination in accordance with the requirements of FERC Order No. 2001. This Agreement shall terminate upon acceptance by FERC of such a notice of termination, if filed with FERC, or thirty (30) days after the date of the CAISO’s notice of default, if terminated in accordance with the requirements of FERC Order No. 2001 and related FERC orders.

  • Termination by Executive with Good Reason Executive may terminate Executive’s employment with Good Reason by providing the Company fifteen (15) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such fifteen (15) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the date immediately following the expiration of the fifteen (15) day notice period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination without Cause, it being agreed that Executive’s right to any such payments and benefits shall be subject to the same terms and conditions as described in Section 8(d) above. Following termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement.

  • Termination by Employee with Good Reason Employee may terminate his employment with Good Reason by providing the Company thirty (30) days’ written notice setting forth with reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such thirty (30) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Employee’s termination will be effective upon the date immediately following the expiration of the thirty (30) day notice period, and Employee shall be entitled to the same payments and benefits as provided in Section 8(d) above for a termination without Cause, it being agreed that Employee’s right to any such payments and benefits shall be subject to the same terms and conditions as described in Section 8(d) above. Following such termination of Employee’s employment by Employee with Good Reason, except as set forth in this Section 8(e), Employee shall have no further rights to any compensation or any other benefits under this Agreement.

  • Termination by Employee without Good Reason Employee may terminate Employee’s employment under this Agreement at any time without Good Reason, upon thirty (30) days’ prior written notice to Employer. In the event of a termination described in this Section 4(d), Employer shall pay to Employee all of Employee’s Accrued Obligations.

  • Termination by the Employee for Good Reason The Employee may terminate the Employee’s employment by providing written notice to the Company of a breach constituting Good Reason. “Good Reason” shall be deemed to exist with respect to any termination of employment by the Employee for any of the following reasons: (i) a reassignment of the Employee to a location outside the Greater Philadelphia area; (ii) any material failure by the Company to comply with any material term of this Agreement; (iii) the demotion of the Employee to a lesser position than described in Section 1 hereof or a substantial diminution of the Employee’s authority, duties or responsibilities as in effect on the date of this Agreement or as hereafter increased; or (iv) a material diminution of the Executive’s Base Salary and benefits, in the aggregate, unless such reduction is part of a Company-wide reduction in compensation and/or benefits for all of its senior executives. If the Employee shall terminate the Employee’s employment hereunder for Good Reason, the Employee shall be entitled to receive the same payments and benefits on the same terms and conditions as would be applicable upon a termination of the Employee’s employment by the Company without Cause, as provided in Section 4(d) and subject to the satisfaction of the other provisions of this Section 4(e). The Employee may not resign with Good Reason pursuant to this Section 4(e), and shall not be considered to have done so for any purpose of this Agreement, unless (A) the Employee, within 60 days after the initial existence of the act or failure to act by the Company that constitutes “Good Reason” within the meaning of this Agreement, provides the Company with written notice that describes, in particular detail, the act or failure to act that the Employee believes to constitute “Good Reason” and identifies the particular clause of this Section 4(e) that the Employee contends is applicable to such act or failure to act; (B) the Company, within 30 days after its receipt of such notice, fails or refuses to rescind such act or remedy such failure to act so as to eliminate “Good Reason” for the termination by the Employee of the Employee’s employment relationship with the Company, and (C) the Employee actually resigns from the employ of the Company on or before that date that is six calendar months after the initial existence of the act or failure to act by the Company that constitutes “Good Reason.” If the requirements of the preceding sentence are not fully satisfied on a timely basis, then the resignation by the Employee from the employ of the Company shall not be deemed to have been for “Good Reason,” the Employee shall not be entitled to any of the benefits to which the Employee would have been entitled if the Employee had resigned from the employ of the Company for “Good Reason,” and the Company shall not be required to pay any amount or provide any benefit that would otherwise have been due to the Employee under this Section 4(e) had the Employee resigned with “Good Reason.”

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

  • Termination by Company without Cause or by Executive for Good Reason If Executive's employment is terminated by the Company without Cause or by Executive for Good Reason:

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