Detrimental Change definition

Detrimental Change means, without the Employee’s express written consent:
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Detrimental Change means a detrimental change in the nature or scope of the Employee's employment or duties which is substantially inconsistent with those of an executive officer of the Company. Detrimental Change shall include, without limitation, the assignment of the Employee to any duties substantially inconsistent with those of an executive officer of the Company, the removal of the Employee from, or any failure to re-elect him as an officer of the Company, a reduction in Salary or other employee benefits, the failure by the Company to continue to provide the Employee with substantially similar bonus opportunities, the relocation of the Employee's primary office of employment to a location more than fifty (50) miles from the location of such office prior to the relocation, and substantially increased travel requirements. If the Employee fails to notify the Company within thirty (30) days of the relocation that he will terminate his employment with the Company due to the relocation, then such failure to notify shall constitute a waiver and such relocation shall not be deemed a Detrimental Change.
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Detrimental Change means a significant change to Policy Benefits that are reduced or removed as a result of the change.
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Examples of Detrimental Change in a sentence

  • Xxxxx shall provide Trinity, or its successor, as applicable, with advance written notice of his intention to terminate his employment pursuant to a Detrimental Change in Duties specifying the condition causing the Detrimental Change in Duties and Trinity, or is successor, as applicable, shall have ten (10) days to cure the specified condition.

  • Detrimental Change in Duties is defined as (A) without Xxxxx’ written consent, a significant and material reduction in duties, titles, working conditions or responsibilities solely caused by a Change of Control; (B) changes in reporting relationship such that Xxxxx is no longer directly reporting to the CEO; or (C) a material breach of this Agreement by Trinity, or its successor, as applicable.

  • The expenditure capitalized includes the cost of materials, direct labour, overhead costs that are directly attributable to preparing the asset for its intended use, and borrowing costs on qualifying assets for which the commencement date for capitalization is on or after January 1, 2010.

  • In addition, Trinity, or its successor, shall have thirty (30) days to cure the condition specified in such notice of Detrimental Change in Duties.

  • Detrimental Change in Duties is defined as (A) without Xxxxx’x written consent, a significant and material reduction in duties, titles, working conditions or responsibilities solely caused by a Change of Control; (B) changes in reporting relationship such that Xxxxx is no longer directly reporting to the Board or the board of directors of the successor of Trinity; or (C) a material breach of this Agreement by Trinity, or its successor, as applicable.

  • Factors Predicting Detrimental Change in Declarative Memory Among Women With HIV: A Study of Heterogeneity in Cognition.

  • If the Client does not terminate this Agreement in accordance with this clause, it is deemed to have accepted the Detrimental Change.

  • To exercise this right, the Client must give the Supplier notice of its termination within 30 days of the Supplier making the Detrimental Change.

  • Section D.6.b. of the Employment Agreement is hereby modified to provide Xxxxx must provide any advance written notice of this intention to terminate his employment pursuant to a Detrimental Change in Duties within ninety (90) days of the initial occurrence of such a condition.

  • In the event of a Detrimental Change, you may, at no cost, terminate the affected Cloud Services by providing us with written notice of termination within thirty (30) days of receiving your notice of the Detrimental Change.


More Definitions of Detrimental Change

Detrimental Change means a detrimental change in the nature or scope of the Employee's employment or duties which is substantially inconsistent with those of Director Operations or a position of similar responsibility and authority. Detrimental Change shall include, without limitation, the assignment of the Employee to any duties substantially inconsistent with those of Director of Operations or a position of similar responsibility and authority, a reduction in Salary or other employee benefits, the failure by the Company to continue to provide the Employee with substantially similar bonus opportunities, the relocation of the Employee's primary office of employment to a location more than fifty (50) miles from the location of such office prior to the relocation, and substantially increased travel requirements. If the Employee fails to notify the Company within thirty (30) days of the relocation that he will terminate his employment with the Company due to the relocation, then such failure to notify shall constitute a waiver and such relocation shall not be deemed a Detrimental Change.
Sample 1
Detrimental Change means a detrimental change in the nature or scope of the Employee's employment or duties which is inconsistent with those of senior executive management. Detrimental Change shall include, without limitation, the assignment of the Employee to any duties substantially inconsistent with those of senior executive management, the removal of the Employee from, or any failure to re-elect him as an officer of the Company, a reduction in Salary or other employee benefits, the failure by the Company to continue to provide the Employee with substantially similar bonus opportunities, the relocation of the Employee's primary office of employment to a location more than fifty (50) miles from the location of such office prior to the relocation, and substantially increased travel requirements.
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Detrimental Change means the failure of the Company to comply with the material terms of this Agreement, a material reduction in the Employee's duties or responsibilities hereunder or the relocation of the Employee's primary office of employment to a location more than thirty-five (35) miles from the location of such office prior to the relocation or substantially increased travel requirements.
Sample 1
Detrimental Change means a detrimental change in the nature or scope of the Employee's employment or duties which is substantially inconsistent with those of an executive officer of the Company. Detrimental Change shall include, without limitation, the assignment of the Employee to any duties substantially inconsistent with those of an executive officer of the Company, the removal of the Employee from, or any failure to re-elect him as an officer of the Company, the assignment of the Employee to be under the direct supervision of anyone reporting to the Chairman or CEO of the Company (unless the Employee is given written notice of the assignment at least three (3) months and no more than six (6) months prior to the effective date of the assignment and such notice includes a reasonably complete description of the job duties and reporting contemplated by the assignment), a reduction in Salary or other employee benefits, the failure by the Company to continue to provide the Employee with substantially similar bonus opportunities, the relocation of the Employee's primary office of employment to a location more than fifty (50) miles from the location of such office prior to the relocation, and substantially increased travel requirements. If the Employee fails to notify the Company within thirty (30) days of the relocation that he will terminate his employment with the Company due to the relocation, then such failure to notify shall constitute a waiver and such relocation shall not be deemed a Detrimental Change.
Sample 1
Detrimental Change means a detrimental change in the nature or scope of the Employee's employment or duties which is inconsistent with those duties customarily performed by a company's Chief Financial Officer. Detrimental Change shall include, without limitation, the assignment of the Employee to any duties substantially inconsistent with those of senior executive management, the removal of the Employee from, or any failure to re-elect him as an officer of the Company, the assignment of the Employee to be under the direct supervision of anyone reporting directly or indirectly to the Chairman or CEO of the Company, a reduction in Salary or other employee benefits, the failure by the Company to continue to provide the Employee with substantially similar bonus opportunities, the relocation of the Employee's primary office of employment to a location other than New York city and more than fifty (50) miles from the location of such office prior to the relocation, and substantially increased travel requirements.
Sample 1
Detrimental Change means a detrimental change in the nature or scope of the Employee's employment or duties which is inconsistent with those duties customarily performed by a company's Vice President, Sales and Marketing. Detrimental Change shall include, without limitation, the assignment of the Employee to any duties substantially inconsistent with those of senior executive management, a reduction in Salary or other employee benefits, the failure by the Company to continue to provide the Employee with substantially similar bonus opportunities, the relocation of the Employee's primary office of employment to a location other than Lawrenceville, New Jersey and more than fifty (50) miles from the location of such office prior to the relocation, and substantially increased travel requirements.
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Related to Detrimental Change

  • Detrimental Conduct means, as determined by the Company, the Participant’s serious misconduct or unethical behavior, including any of the following: (a) any violation by the Participant of a restrictive covenant agreement that the Participant has entered into with the Company or an Affiliate (covering, for example, confidentiality, non-competition, non-solicitation, non-disparagement, etc.); (b) any conduct by the Participant that could result in the Participant’s Separation from Service for Cause; (c) the commission of a criminal act by the Participant, whether or not performed in the workplace, that subjects, or if generally known would subject, the Company or an Affiliate to public ridicule or embarrassment, or other improper or intentional conduct by the Participant causing reputational harm to the Company, an Affiliate, or a client or former client of the Company or an Affiliate; (d) the Participant’s breach of a fiduciary duty owed to the Company or an Affiliate or a client or former client of the Company or an Affiliate; (e) the Participant’s intentional violation, or grossly negligent disregard, of the Company’s or an Affiliate’s policies, rules, or procedures; or (f) the Participant taking or maintaining trading positions that result in a need to restate financial results in a subsequent reporting period or that result in a significant financial loss to the Company or an Affiliate.

  • Fundamental Change shall be deemed to have occurred at the time after the Notes are originally issued if any of the following occurs:

  • Detrimental Activity means any of the following: (i) unauthorized disclosure of any confidential or proprietary information of any member of the Company Group; (ii) any activity that would be grounds to terminate the Participant’s employment or service with the Service Recipient for Cause; (iii) a breach by the Participant of any restrictive covenant by which such Participant is bound, including, without limitation, any covenant not to compete or not to solicit, in any agreement with any member of the Company Group; or (iv) fraud or conduct contributing to any financial restatements or irregularities, as determined by the Committee in its sole discretion.

  • Potential Change of Control means any public announcement or statement by the Issuer, or by any actual or potential bidder(s) relating to any potential Change of Control of the Issuer.

  • Potential Change of Control Announcement means any public announcement or statement by the Issuer or by any actual or potential bidder or any designated adviser thereto relating to any specific or any near-term potential Change of Control (whereby "near-term" shall mean that such potential Change of Control is reasonably likely to occur, or is publicly stated by the Issuer or by any such actual or potential bidder or any such designated adviser to be intended to occur, within four months of the date of such announcement or statement).

  • Corporate Change means the occurrence of any one or more of the following events:

  • Exempted Fundamental Change means any Fundamental Change with respect to which, in accordance with Section 4.02(I), the Company does not offer to repurchase any Notes.

  • Common Stock Fundamental Change means any Fundamental Change in which more than 50% of the value (as determined in good faith by the Board of Directors of the Company) of the consideration received by holders of Common Stock consists of common stock that, for the 10 Trading Days immediately prior to such Fundamental Change, has been admitted for listing or admitted for listing subject to notice of issuance on a national securities exchange or quoted on Nasdaq National Market, provided, however, that a Fundamental Change shall not be a Common Stock Fundamental Change unless either (i) the Company continues to exist after the occurrence of such Fundamental Change and the outstanding Preferred Stock continues to exist as outstanding Preferred Stock, or (ii) not later than the occurrence of such Fundamental Change, the outstanding Preferred Stock is converted into or exchanged for shares of convertible preferred stock, which convertible preferred stock has powers, preferences and relative, participating optional or other rights, and qualifications, limitations and restrictions substantially similar (but no less favorable) to those of the Preferred Stock.

  • Relevant Potential Change of Control Announcement means any public announcement or statement by the Issuer, any actual or potential bidder or any adviser acting on behalf of any actual or potential bidder relating to any potential Change of Control where within 180 days following the date of such announcement or statement, a Change of Control occurs.

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.

  • Control Transaction means any of the following transactions or any combination thereof:

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Debentures and the Securities issued together with the Debentures), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Substantial Change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Non-Stock Fundamental Change means any Fundamental Change other than a Common Stock Fundamental Change.

  • Fundamental Change Notice has the meaning specified in Section 8.02(a).

  • Change is defined in Section 3.2.

  • Discontinuation Event means (i) when the Commission notifies the Company whether there will be a “review” of such Registration Statement and whenever the Commission comments in writing on such Registration Statement (the Company shall provide true and complete copies thereof and all written responses thereto to each of the Holders); (ii) any request by the Commission or any other Federal or state governmental authority for amendments or supplements to such Registration Statement or Prospectus or for additional information; (iii) the issuance by the Commission of any stop order suspending the effectiveness of such Registration Statement covering any or all of the Registrable Securities or the initiation of any Proceedings for that purpose; (iv) the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any Proceeding for such purpose; and/or (v) the occurrence of any event or passage of time that makes the financial statements included in such Registration Statement ineligible for inclusion therein or any statement made in such Registration Statement or Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires any revisions to such Registration Statement, Prospectus or other documents so that, in the case of such Registration Statement or Prospectus, as the case may be, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

  • Potential Change in Control means the occurrence of any of the following events:

  • Rule change means the changing of fund rules by varying or deleting existing rules and adding new rules.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Material Change in Content means the occurrence since the Launch Date of a material change in the content, composition or constitution of the Futures Contract or the Commodity.

  • Potential Change in Control Period shall commence upon the occurrence of a Potential Change in Control and shall lapse upon the occurrence of a Change in Control or, if earlier (i) with respect to a Potential Change in Control occurring pursuant to Section 18.15(A), immediately upon the abandonment or termination of the applicable agreement, (ii) with respect to a Potential Change in Control occurring pursuant to Section 18.15(B), immediately upon a public announcement by the applicable party that such party has abandoned its intention to take or consider taking actions which if consummated would result in a Change in Control or (iii) with respect to a Potential Change in Control occurring pursuant to Section 18.15(C) or (D), upon the one year anniversary of the occurrence of a Potential Change in Control (or such earlier date as may be determined by the Board).

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.