Washington Uses in Good Reason Clause

Good Reason from Employment Agreement Between

WHEREAS, the Corporation and Employee are parties to an employment agreement dated as of February 23, 2000, which as extended terminates on June 30, 2004 (the Existing Agreement);

Good Reason. means (a) a material reduction by the Corporation of Employees authority or a material change in Employees functions, duties or responsibilities that in any material way would cause Employees position to become less important, (b) a reduction in Employees Base Salary, (c) a requirement that Employee report to anyone other than the Chairman of the Board of Directors, or the appointment by the Corporation of any person other than Employee to the position of President, Deputy Chairman or similar position superior to Employees position and inferior to the position of Chairman of the Corporation, (d) a requirement by the Corporation that Employee relocate his office outside of the Washington, D.C. area, or (e) a breach by the Corporation of any material obligation of the Corporation under this Agreement, unless, within 30 days of the written notice given by Employee and specifying a circumstance constituting Good Reason, the Corporation eliminates such circumstance.

Good Reason from Employment Agreement Between

WHEREAS, the Corporation and Employee are parties to an employment agreement dated as of July 1, 2003, which terminates on June 30, 2004 (the Existing Agreement);

Good Reason. means (a) a material reduction by the Corporation of Employees authority or a material change in Employees functions, duties or responsibilities that in any material way would cause Employees position to become less important, (b) a reduction in Employees Base Salary, (c) a requirement by the Corporation that Employee relocate his office outside of the Washington, D.C. area, or (d) a breach by the Corporation of any material obligation of the Corporation under this Agreement, unless, within 30 days of the written notice given by Employee and specifying a circumstance constituting Good Reason, the Corporation eliminates such circumstance.

Good Reason from Employment Agreement Between

WHEREAS, the Corporation and Employee are parties to an employment agreement dated as of February 23, 2000, which as extended terminates on June 30, 2004 (the Existing Agreement);

Good Reason. means (a) a material reduction by the Corporation of Employees authority or a material change in Employees functions, duties or responsibilities that in any material way would cause Employees position to become less important, (b) a reduction in Employees Base Salary, (c) a requirement that Employee report to anyone other than the Chairman of the Board of Directors, or the appointment by the Corporation of any person other than Employee to the position of President, Deputy Chairman or similar position superior to Employees position and inferior to the position of Chairman of the Corporation, (d) a requirement by the Corporation that Employee relocate his office outside of the Washington, D.C. area, or (e) a breach by the Corporation of any material obligation of the Corporation under this Agreement, unless, within 30 days of the written notice given by Employee and specifying a circumstance constituting Good Reason, the Corporation eliminates such circumstance.