DEFINITION OF "FOR GOOD REASON Sample Clauses

DEFINITION OF "FOR GOOD REASON. For purposes of Section 6, the phrasefor good reason” means: (a) the Employer’s material breach of this Agreement; or (b) a material reduction in Executive’s position, duties and responsibilities from those described in Section 2.3 of this Agreement.
AutoNDA by SimpleDocs
DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "for good reason" means any of the following: (a) the Employer's material breach Section 2.4, 3.1 or 3.2 or of this Agreement or its obligations under the Stockholder's Agreement for the benefit of Employee; or (b) the assignment of the Employee without the Employee's consent to a position, responsibilities, or duties of a materially lesser status or degree of responsibility than the Employee's position, responsibilities, or duties at the Effective Date.
DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "for good reason" means any of the following: (a) Employer's material breach of this Agreement; (b) the assignment of Executive without his consent to a position, responsibilities, or duties of a materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date, (c) the relocation of Executive's place of employment more than 30 miles from its current location without Executive's consent, or (d) a reduction in Executive's base salary or material reduction in his benefits.
DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "For Good Reason" means any of the following:
DEFINITION OF "FOR GOOD REASON. For purposes of Section 5.1, the phrasefor good reason” means: (a) the Executive’s material breach of this Agreement; (b) the Executive’s failure to adhere to any Company policy if the Executive has been given a reasonable opportunity to comply with such policy or cure his failure to comply; (c) the appropriation (or attempted appropriation) of a material business opportunity of the Company, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Company; (d) the misappropriation (or attempted misappropriation) of any of the Company’s funds or property having a material value; or (e) the conviction of or the entering of a guilty plea or plea of no contest with respect to, a felony or the equivalent thereof.
AutoNDA by SimpleDocs
DEFINITION OF "FOR GOOD REASON. For purposes of Section 5.1, the phrase "for good reason" means (a) the Employee's material breach of this Agreement; (b) the Employee's failure to adhere to any written Employer policy if the Employee has been given a reasonable opportunity to comply with such policy or cure his failure to comply; (c) the appropriation (or attempted appropriation) of a material business opportunity of the Employer, including attempting to secure or securing any personal profit in connection with any transaction entered into on behalf of the Employer; (d) the misappropriation (or attempted misappropriation) of any of the Employer's funds or property having a material value; or (e) the conviction of or the entering of a guilty plea or plea of no contest with respect to, a felony or the equivalent thereof.
DEFINITION OF "FOR GOOD REASON. For purposes of Section 6.1, the phrase "for good reason" means the Employer's material breach of this Agreement which is not cured within 30 days from the date of notice from the Executive.
DEFINITION OF "FOR GOOD REASON. For purposes of this Agreement, the phrase for “Good Reason” shall mean only, and without Executive’s prior written consent, the occurrence of any of the following events or actions:
Time is Money Join Law Insider Premium to draft better contracts faster.