Definition of Involuntary Termination. For purposes hereof, “Involuntary Termination” shall mean Executive’s termination (A) by the Company without Cause, (B) by Executive for Good Reason, (C) due to death or (D) due to permanent and total disability within the meaning of Section 22(e) of the Code (a “Disability”).
Definition of Involuntary Termination. For all purposes under this Agreement, “Involuntary Termination” shall mean termination of employment under Section 4(a)(ii) or Section 4(a)(iv).
Definition of Involuntary Termination. For purposes of this Agreement, Employee shall be considered to have been terminated under circumstances that constitute Involuntary Termination if he is terminated by the Company or its successor without Cause (other than on account of death or disability).
Definition of Involuntary Termination. For all purposes under this Agreement, “Involuntary Termination” shall mean that one of the following events occurs:
Definition of Involuntary Termination. For all purposes under this Agreement, "Involuntary Termination" shall mean the termination of the Employee's Service by reason of:
Definition of Involuntary Termination. For purposes of this Agreement, ------------------------------------- "Involuntary Termination" shall include (a) any termination by the Company other ----------------------- than for Cause, (b) any reduction in Employee's base salary except as part of a general salary reduction applicable to all of the Company's executive officers, and (c) any Voluntary Termination by Employee following a material reduction or change in job duties, responsibilities and requirements inconsistent with Employee's position with the Company and Employee's prior duties, responsibilities, and requirements or a change in Employee's reporting relationship such that Employee is no longer reporting to the Company's Board of Directors, provided that, in the case of subsection (c), Employee provides written notice to the Company within thirty (30) days of the effective date of such reduction or change.
Definition of Involuntary Termination. Notwithstanding the definition of “Involuntary Termination” in the Management Retention Agreement:
Definition of Involuntary Termination. For all purposes under this Agreement, “Involuntary Termination” means termination of the Executive’s service to the Company under the following circumstances: (i) termination without Cause by the Company; or (ii) voluntary termination by the Executive within 60 days following (A) a material reduction in the Executive’s job responsibilities, provided that neither a mere change in title alone nor reassignment following a Change of Control to a position that is substantially similar to the position held prior to the Change of Control shall constitute a material reduction in job responsibilities; (B) relocation by the Company of the Executive’s work site to a facility or location more than 50 miles from the Executive’s principal work site for the Company at the time of the Change of Control; or (C) a reduction in the Executive’s then-current base salary by at least 10%, provided that an across-the-board reduction in the salary level of all other employees in positions similar to the Executive’s by the same percentage amount as part of a general salary level reduction shall not constitute such a salary reduction. Prior to a voluntary termination as defined in this Subsection, the Executive must provide the Company with written notice within fifteen (15) days of the initial existence of (A), (B) or (C) above and the Company will have 30 days after its receipt of such written notice to cure (A), (B) or (C).
Definition of Involuntary Termination. Involuntary Termination" shall mean: (i) termination by the Company of Executive's employment with the Company other than for Just Cause (as defined below); (ii) a five percent (5%) or greater reduction in Executive's Base Compensation; (iii) a significant reduction by the Company in the kind or level of employee benefits in the aggregate (other than salary and bonus) to which Executive is entitled immediately prior to such reduction with the result that Executive's overall benefits package (other than salary and bonus) is reduced; (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; (v) a material reduction in Executive's responsibilities, authority or duties with the Company; (vi) the relocation of Executive's base of employment more than twenty-five (25) miles from Executive's present place of employment; provided, that none of the foregoing shall constitute Involuntary Termination to the extent Executive has agreed thereto.
Definition of Involuntary Termination. For purposes of this Agreement, "Involuntary Termination" shall include any termination by the Company other than for Cause and Employee's voluntary termination, upon thirty (30) days prior written notice to the Company, following: (i) the assignment of any duties, or the removal from on reduction or limitation of duties or responsibilities which in any case is a significant change in position, title, organization level, duties, responsibilities, compensation and status with the Company; (ii) a substantial reduction of the facilities and perquisites provided to Employee (including office space and location); (iii) a reduction in Employee's Base Salary (other than in connection with a general decrease in base salaries for officers of the Company); (iv) a material reduction in the kind or level of employee benefits with the result that the overall benefits package is significantly reduced; or (v) the failure of the Company to obtain the assumption of this Agreement by any successors.
