Just Reason definition
Just Reason means: (i) any breach by Employer of any of the material terms of, or the failure to perform any material covenant contained in, this Agreement and following written notice thereof from Employee to Employer (describing in reasonable detail the alleged breach and stating that it is a notice under this Section 7), Employer does not cure such breach or failure within fifteen (15) days thereafter; provided, however, that Employer will not be entitled to cure any such breach or failure more than one time in any consecutive six month period; or (ii) a material reduction in Employee's duties and responsibilities without Employee's consent.
Just Reason means that, following a Change in Control, without Executive’s express written consent the occurrence of any one or more of the following: (i) a material diminution in the Executive’s salary, (ii) a material diminution in the Executive’s benefits, (iii) a material diminution in Executive’s authority, duties or responsibilities or (iv) a material change in the geographic location at which the Executive must perform services. For purposes of this Policy, Executive shall not be entitled to assert that a termination is for Just Reason unless (i) Executive gives the Compensation Committee written notice of the event or events which are the basis for such assertion within ninety (90) days after the event or events occur (“Event Date”), (ii) the Company has not cured or fully remedied such event or events within thirty (30) days after receiving such written notice and (iii) Executive’s termination of employment is no later than one-hundred twenty (120) days after the Event Date.
Just Reason means any of the following events with respect to the Employee: