Constructive Termination Without Cause definition

Constructive Termination Without Cause means the termination of the Executive’s employment at his initiative after, without the Executive’s prior written consent, one or more of the following events:
Constructive Termination Without Cause means a termination of Executive's employment initiated by Executive not later than 12 months following the occurrence (not including any time during which an arbitration proceeding referenced below is pending), without Executive's prior written consent, of one or more of the following events (or the latest to occur in a series of events), and effected after giving the Company not less than 10 working days' written notice of the specific act or acts relied upon and right to cure:
Constructive Termination Without Cause shall have the meaning set forth in Section 10(c) below.

Examples of Constructive Termination Without Cause in a sentence

  • Employee may elect to terminate his Employment under this Agreement upon a Constructive Termination Without Cause, as defined below.

  • In the event that: (i) a Constructive Termination Without Cause occurs and (ii) Section 8(F) (change in control) does not apply, then the Executive shall have the same entitlements as provided under Section 8(D) for a termination by the Company without Cause.

  • If there is a Change of Control, termination without Cause, termination for Good Reason or Constructive Termination Without Cause, any awards under the 2007 LTIP or such other plan(s) as Company may adopt from time to time (“Stock Awards”) which Executive has received shall vest immediately.

  • The failure of the Executive to effect a Constructive Termination Without Cause as to any one event described in Section 1(h) shall not affect his entitlement to effect a Constructive Termination Without Cause as to any other such event.

  • In the event, within three years following a Change in Control occurring during the Initial Term, the Executive's employment is terminated by the Company without Cause or there is a Constructive Termination Without Cause, then the Executive shall be entitled to receive the Termination Benefits.


More Definitions of Constructive Termination Without Cause

Constructive Termination Without Cause means a termination of Employee’s employment at his initiative following the occurrence, without Employee’s prior written consent, of one or more of the following events:
Constructive Termination Without Cause shall also mean a termination of the Executive's employment at his initiative as provided in this Section 10(c) following the occurrence, without the Executive's written consent, of a relocation of his principal place of employment outside a 35-mile radius of his principal place of employment as in effect immediately prior to such Change in Control.
Constructive Termination Without Cause means a termination of Employee at Employee’s own initiative within one year following the occurrence, without Employee’s prior written consent, of one or more of the following events not on account of Cause (“Constructive Termination Events”):
Constructive Termination Without Cause means a termination by the Executive of his employment under this Agreement on 30 days’ written notice given by him to Panolam following the occurrence of any of the following events without the Executive’s express prior written consent, unless Panolam shall have fully cured all grounds for such termination within 20 days after the Executive gives notice thereof:
Constructive Termination Without Cause means the termination of your employment at your initiative after, without your prior written consent, one or more of the following events:
Constructive Termination Without Cause means termination by the Executive of his employment at his initiative within 30 days following the occurrence of any of the following events without his consent:
Constructive Termination Without Cause means the Participant’s termination of his or her employment following the occurrence, without the Participant’s written consent, of one or more of (A) an assignment of any duties to the Participant that is materially inconsistent with Participant’s position, (B) a material decrease in Participant’s annual base salary or target annual incentive award opportunity, or (C) a relocation of Participant’s principal place of employment more than thirty-five (35) miles from Executive’s place of employment before such relocation. In all cases, no Constructive Termination Without Cause shall be deemed to have occurred if any such event occurs as a result of a prior termination. In addition, no Constructive termination Without cause shall be deemed to have occurred unless the Participant provides written notice to the Corporation that any such event has occurred, which notice identifies the event and is provided within thirty (30) days of the initial occurrence of such event, a cure period of forty-five (45) days following the Corporation’s receipt of such notice expires and the Corporation has not cured such event within such cure period, and the Participant actually terminates his/her employment within thirty (30) days of the expiration of the cure period.