Common use of Termination by the Executive for Good Reason Clause in Contracts

Termination by the Executive for Good Reason. The Executive may terminate this Agreement for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a Notice of Termination.

Appears in 23 contracts

Samples: Employment Agreement, Employment Agreement (ConversionPoint Holdings, Inc.), Employment Agreement (ConversionPoint Holdings, Inc.)

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Termination by the Executive for Good Reason. The Executive may terminate this Agreement the Executive’s employment for Good Reason. To exercise Reason after providing the Company with written notice of the Executive’s right intent to terminate for Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, employment and such notice shall describe the circumstance believed to constitute Good Reasonreason(s) therefor. The Company shall will have thirty (3030 days in which to cure the reason(s) days to remedy any circumstances constituting Good Reasonprovided by the Executive. If not remedied within that At the end of such 30-day period, if the Executive may submit Company has not cured the Good Reason specified in the written notice as the reason for such termination, then the Executive’s employment will terminate following a Notice of Terminationreasonable transition period not to exceed 30 days specified by the Company in written notice to the Executive.

Appears in 12 contracts

Samples: Employment Agreement (TGC Industries Inc), Employment Agreement (Dawson Geophysical Co), Employment Agreement (Dawson Geophysical Co)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement the Executive’s employment for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have upon thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, days’ written notice from the Executive may submit a Notice of Terminationto the Company.

Appears in 4 contracts

Samples: Severance Agreement (Reddy Ice Holdings Inc), Severance Agreement (Reddy Ice Holdings Inc), Form Agreement (Reddy Ice Holdings Inc)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement for Good Reason. To exercise Executive’s right will have the right, at his election, to terminate for Good Reason, his employment with the Executive must provide Company by written notice to the Company to that effect for a period of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have thirty (30) 120 days to remedy following any circumstances occurrence constituting Good Reason. If ; PROVIDED, HOWEVER, that termination for Good Reason will not remedied within be effective until the Executive gives written notice specifying the occurrence constituting Good Reason and, PROVIDED that 30-day periodif such occurrence is curable, the Executive may submit a Notice Company fails to correct it within 10 days after the receipt of Terminationthe applicable notice.

Appears in 4 contracts

Samples: Employment Agreement (K2 Inc), Employment Agreement (K2 Inc), Employment Agreement (K2 Inc)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement the Term for Good Reason. To exercise Executive’s right Reason (such termination to terminate for Good Reasoncomply with the notice, cure and termination provisions of the Executive must provide written notice to the Company definition of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have in Section 8.3 hereof) upon thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, days’ written notice from the Executive may submit a Notice of Terminationto Company and the Board.

Appears in 4 contracts

Samples: Executive Employment Agreement (Finch Therapeutics Group, Inc.), Executive Employment Agreement (Finch Therapeutics Group, Inc.), Executive Employment Agreement (Finch Therapeutics Group, Inc.)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement the Term for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have upon thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, days' written notice from the Executive may submit a Notice of Terminationto the Company.

Appears in 4 contracts

Samples: Employment Agreement (Southern Bottled Water Co Inc), Employment Agreement (Southern Bottled Water Co Inc), Employment Agreement (Southern Bottled Water Co Inc)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement his employment hereunder for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide Reason at any time by delivery of written notice to the Company Bank within the one year period commencing upon the occurrence of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company Unless otherwise agreed to by the Bank, such termination shall have not be effective until thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a Notice of Terminationafter such written notice is delivered.

Appears in 3 contracts

Samples: Employment Agreement (Ipswich Bancshares Inc), Employment Agreement (Ipswich Bancshares Inc), Employment Agreement (Ipswich Bancshares Inc)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement the Term for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have upon thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, days’ written notice from the Executive may submit a Notice of Terminationto the Company.

Appears in 2 contracts

Samples: Employment Agreement (Reddy Ice Holdings Inc), Employment Agreement (Reddy Ice Holdings Inc)

Termination by the Executive for Good Reason. The Notwithstanding any other provision of this Agreement, the Executive may terminate this Agreement his employment hereunder at any time during the Term of Employment for Good Reason. To exercise Executive’s right Reason by giving thirty (30) days’ prior written notice to the Company that the Executive intends to terminate his employment for Good Reason and setting forth the basis of the Good Reason with reasonable specificity. In the event of a termination by the Executive for Good Reason, the Executive must provide written notice to shall be entitled, in consideration of the Company of Executive’s belief that Good Reason existsobligations under Section 8 and in lieu of any other compensation and benefits whatsoever, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a Notice of Termination.to:

Appears in 2 contracts

Samples: Executive Employment Agreement (Ameristar Casinos Inc), Executive Employment Agreement (Ameristar Casinos Inc)

Termination by the Executive for Good Reason. The Executive may shall be entitled to terminate this Agreement his employment and appointment hereunder for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to Reason if the Company of Executive’s belief that fails to remedy the condition creating the Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have within thirty (30) days after receiving written notice from the Executive, and any such termination shall be treated as a termination by the Company without Cause. Written notice of the existence of the condition creating the Good Reason termination must be given by the Executive to remedy any circumstances constituting the Company within ninety (90) days after the first occurrence of the condition. For this purpose, “Good Reason. If not remedied within that 30-day period, the Executive may submit a Notice of Termination.” shall mean:

Appears in 1 contract

Samples: Employment Agreement (Spectrum Brands, Inc.)

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Termination by the Executive for Good Reason. The Executive may terminate his employment under this Agreement for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to Reason by providing the Company with a Notice of Executive’s belief that Termination specifying the actions giving rise to Good Reason existswithin 30 days after the occurrence of such actions; provided, and such notice shall describe however, that the circumstance believed to constitute Good Reason. The Company shall have thirty (30) a period of 30 days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a following receipt of such Notice of TerminationTermination to cure such actions.

Appears in 1 contract

Samples: Employment Agreement (Emtec Inc/Nj)

Termination by the Executive for Good Reason. The Executive may terminate his employment under this Agreement for Good Reason. To exercise Executive’s right to terminate for Good Reason, the Executive must provide written notice to Reason by providing the Company with a Notice of Executive’s belief that Termination specifying the actions giving rise to Good Reason existswithin 30 days after the first occurrence of such actions; provided, and such notice shall describe however, that the circumstance believed to constitute Good Reason. The Company shall have thirty (30) a period of 30 days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a following receipt of such Notice of TerminationTermination to cure such actions.

Appears in 1 contract

Samples: Employment Agreement (Emtec Inc/Nj)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement his employment for Good Reason. To exercise Executive’s right to terminate for Reason if (i) a Good Reason circumstance shall have occurred, and the Executive provides the Company with written notice thereof within ninety (90) days after the occurrence of the Good Reason circumstance, which notice shall specifically identify the circumstance that the Executive believes constitutes Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have thirty ; (30ii) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a Notice of Termination.the

Appears in 1 contract

Samples: Employment Agreement (Physicians Realty Trust)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement for Good Reason. To exercise the Executive’s right to terminate for Good Reason, the Executive must provide 's employment at any time upon thirty (30) days' written notice to the Company Corporation specifying the basis for the claim of Executive’s belief that Good Reason exists, and (if the Corporation fails to cure such notice shall describe event or rectify the circumstance believed to constitute basis for the claim of Good Reason. The Company shall have thirty (30) days to remedy any circumstances constituting Good Reason. If not remedied Reason within that 30such thirty-day period) (any such termination referenced in clauses (i)-(v) below, the Executive may submit a Notice of Termination.constituting termination for "Good Reason"):

Appears in 1 contract

Samples: Employment Agreement (Charter Communications Inc /Mo/)

Termination by the Executive for Good Reason. The Executive may terminate this Agreement her employment for Good Reason. To exercise Executive’s right to terminate for Reason if (i) a Good Reason circumstance shall have occurred, and the Executive provides the Company with written notice thereof within ninety (90) days after the occurrence of the Good Reason circumstance, which notice shall specifically identify the circumstance that the Executive believes constitutes Good Reason, the Executive must provide written notice to the Company of Executive’s belief that Good Reason exists, and such notice shall describe the circumstance believed to constitute Good Reason. The Company shall have thirty ; (30ii) days to remedy any circumstances constituting Good Reason. If not remedied within that 30-day period, the Executive may submit a Notice of Termination.the

Appears in 1 contract

Samples: Employment Agreement (Physicians Realty Trust)

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