Termination with Good Reason means the Executive’s resignation of employment for Good Reason. Subject to Section 9.2, the Date of Termination for a Termination with Good Reason shall be the effective date of the Executive’s resignation for Good Reason as set forth in a written notice to the Company.
Termination with Good Reason means termination following a material breach of Mr. Murphy’s employment agreement by the Company, which breach remains uncured thirty (30) days after written notice thereof is received by the Company.
Termination with Good Reason means termination following a material breach of Dr. Chaplin’s employment agreement by the Company, which breach remains uncured ten (10) days after written notice thereof is received by the Company.
Examples of Termination with Good Reason in a sentence
The termination of Executive’s employment for any reason under this Agreement shall constitute Executive’s resignation from any director position on the Board or on the board of directors of any affiliates of the Company, and Executive agrees that this Agreement shall serve as written notice of resignation in such circumstance.(b) Death; Disability; Termination without Cause by the Company or Termination with Good Reason by Executive.
Assumes none of Mr. Zeeman’s 168 hours of accrued paid time off available for the 2017 year had been used.(9) Under certain circumstances, Illinois, the state where Mr. Zeeman is employed, requires payment of accrued and unused vacation.Kirk Chartier Retirement, Death or Disability Involuntary Termination Other than for Cause Involuntary Termination Other than for Cause/ Voluntary Termination with Good Reason Following a Change-in- Control Severance .............................................
In such case, the Executive must provide written notice of Termination with Good Reason to the Company within 30 days after the event constituting Good Reason.
The equity granted under the PSP is reflected assuming performance at target, pro rata for all events other than those that occur after a Change of Control and full acceleration for either a Termination without Cause or a Termination with Good Reason that occurs after a Change of Control.
Termination of Employment without Cause/Voluntary Termination with Good Reason: Upon the termination of the Executive’s employment without Cause (as defined below), or if the Executive terminates employment with Good Reason, the Executive’s MIP Units shall be subject to the vesting and forfeiture provisions as described in the Incentive Program.
More Definitions of Termination with Good Reason
Termination with Good Reason means the termination by Purchaser of his employment with the Corporation pursuant to Section 8(e), 8(f) or 8(g) of the Executive Employment Agreement between Purchaser and the Corporation of even date herewith (the "Employment Agreement") and "Competitive Activity" shall mean Purchaser's becoming an employee of or consultant to, or acquiring a controlling ownership interest in, any business enterprise that is "directly competitive" (as such term is defined in the Employment Agreement) with the Corporation. From and after the date of Competitive Activity, the Repurchase Right shall arise only with respect to Purchased Shares which remain Unvested Shares on the date of such Competitive Activity.
Termination with Good Reason shall have the meaning ascribed thereto in any employment agreement between the Grantee and the Company or its Affiliate. For the avoidance of doubt, if the Grantee is not party to an employment agreement with the Company or its Affiliate or if such agreement does not provide a definition for “good reason”, then the Grantee will not be eligible for any benefits provided under this Agreement with regard to a Termination With Good Reason.
Termination with Good Reason means, prior to a Change of Control, any termination of Executive's employment on account of a material breach by the Company of any of its material obligations to Executive hereunder. Following a Change of Control, "Termination with Good Reason" shall mean a termination of employment by Executive within 90 days following (i) a material adverse change in Executive's duties and responsibilities as an Executive; (ii) a reduction in Executive's base salary (other than a proportionate adjustment applicable generally to similarly situated Company Executives); or (iii) the relocation of Executive's principal place of business to a location more than thirty-five miles outside of Manhattan; provided that a termination following a Change of Control shall not be treated as a Termination with Good Reason if Executive shall have consented in writing to the occurrence of the event giving rise to the claim of
Termination with Good Reason has the meaning specified in the Employment Agreement.
Termination with Good Reason by the Executive means within 90 days following (i) a material adverse change in Executive’s duties and responsibilities; (ii) a material reduction in Executive’s base salary (other than a proportionate adjustment applicable generally to similarly situated Company Executives); or (iii) the relocation of Executive’s principal place of business to a location more than thirty-five miles outside of Manhattan; provided that a termination shall not be treated as a Termination with Good Reason if Executive shall have consented in writing to the occurrence of the event giving rise to the claim of Termination with Good Reason. A Termination with Good Reason must be effected by a written notice from Executive setting forth in reasonable detail the conduct or event alleged to be the basis for such termination, provided that, Executive shall not have the right to terminate his employment hereunder pursuant to a Termination with Good Reason (A) if, within the 30-day period following receipt of Executive’s written notice, the Company shall have substantially cured the conduct alleged to have caused the activities giving rise to the basis for such Termination with Good Reason and (B) unless Executive actually terminates employment within 30 days following the end of the Company’s cure period.
Termination with Good Reason means my termination of employment at any time after I have actual knowledge of the occurrence, without my written consent, of one of the following events: (i) a reduction in my base compensation or a reduction in the health and welfare insurance, retirement and car benefits available to me as of the commencement of employment, except for reductions in such benefits applicable generally to executives at my level and below: (ii) the reassignment of me to a position resulting in my not being the Company's Chief Financial Officer or a comparable position, or a reporting relationship other than to the CEO, President or COO of the Company; or (iii) the location of my principal office is relocated to a location more than fifty (50) miles from Nashville, Tennessee. It is understood and agreed that in the event of any termination of my employment following a Change in Control (as defined in the Severance Compensation Agreement dated the date hereof between me and the Company (the "Change in Control Severance Agreement")), the provisions of the Change in Control Severance Agreement shall control and the provisions in this Paragraph J shall be void and of no further force or effect. In the event I voluntarily terminate my employment for any reason other than as a result of a Termination with Good Reason or following a Change in Control (as defined in the Change in Control Severance Agreement) prior to the third anniversary of the date of this agreement, I agree to reimburse the Company for any and all amounts reimbursed by the Company or paid by the Company in respect of my relocation to Nashville, Tennessee pursuant to the offer of employment from the Company dated November 8, 2004. The amounts payable to me under this Paragraph J are not eligible earnings under any pension, savings, deferred compensation, bonus, incentive, supplemental retirement benefit or other benefit plan of the Company.
Termination with Good Reason means a termination of employment by Executive within 90 days following (i) a material adverse change in Executive's duties and responsibilities as an Executive; (ii) a reduction in Executive's base salary (other than a proportionate adjustment applicable generally to similarly situated Company Executives); or (iii) the relocation of Executive's principal place of business to a location more than thirty-five miles outside of Manhattan; provided that a termination following a Change of Control shall not be treated as a Termination with Good Reason if Executive shall have consented in writing to the occurrence of the event giving rise to the claim of Termination with Good Reason. A Termination for Good Reason must be effected by a written notice from Executive setting forth in detail the conduct alleged to be the basis for such termination, provided that, prior to the occurrence of a Change of Control, Executive shall not have the right to terminate his employment hereunder pursuant to a Termination with Good Reason (i) if, within the ten-business day period following receipt of Executive's written notice, the Company shall have cured the conduct alleged to have caused the material breach and (ii) unless Executive actually terminates employment within 30 days following the end of the Company's cure period. Notwithstanding the foregoing, if the Company disputes whether a breach has occurred, or whether any breach is material, the Independent Committee shall decide, in good faith, whether the alleged conduct by the Company entitles Executive to quit pursuant to a Termination with Good Reason and the time period referred to in subclause (ii) in the immediately preceding sentence shall not end earlier than 10 days following the date on which the Independent Committee notifies Executive of its decision. Prior to the occurrence of a Change of Control, the determination by the Independent Committee as to Executive's eligibility for a "Termination with Good Reason" shall be final and binding on Executive and the Company.