Change in Duties Definition Example with 7 Variations

This page contains an example definition of Change in Duties, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Change in Duties. Shall mean the occurrence of any one or more of the following: (i) A significant change in the nature or scope of Executive's authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (ii) A reduction in Executive's base salary from that provided to him immediately prior to the date on which a Change of Control occurs; (iii) A diminution in Executive's eligibility to participate in bonus, stock option, incentive award and... other compensation plans which provide opportunities to receive compensation which are the greater of (A) the opportunities provided by the Company (including its subsidiaries) for employees with comparable duties or (B) the opportunities under any such plans under which he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries) to employees with comparable duties or (B) the employee benefits and perquisites to which he was entitled immediately prior to the date on which a Change of Control occurs; or (v) A change in the location of Executive's principal place of employment by the Company (including its subsidiaries) by more than 50 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs. View More Arrow

Variations

Change in Duties. Shall mean shall mean: (i) The occurrence, within two years after the occurrence date upon which a Change of Control occurs, of any one or more of the following: (i) (1) A significant change in the nature or scope of Executive's authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (ii) (2) A reduction in Executive's base salary from that provided to him immediately prior to the date on which a Change of Control occurs; (iii) (3) A... diminution in Executive's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are the greater of (A) the opportunities provided by the Company (including its subsidiaries) for employees executives with comparable duties or (B) the opportunities under any such plans under which he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries) to employees with comparable duties or (B) the employee benefits and perquisites to which he was entitled immediately prior to the date on which a Change of Control occurs; or (v) A change in the location of Executive's principal place of employment by the Company (including its subsidiaries) by more than 50 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs. View More Arrow
Change in Duties. Shall mean the occurrence occurrence, on the date upon which a Change in Control occurs or within two years thereafter, of any one or more of the following: (i) A significant change reduction in the nature or scope of Executive's authorities or duties from those applicable to him Executive immediately prior to the date on which a Change of in Control occurs; (ii) A reduction in Executive's annual base salary or target opportunity under any applicable bonus or incentive compensation plan or... arrangement from that provided to him Executive immediately prior to the date on which a Change of in Control occurs; (iii) A diminution in Executive's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are the greater of (A) the opportunities provided pro-vided by the Company (including its subsidiaries) for employees executives with comparable duties or (B) the opportunities under any such plans under which he Executive was participating immediately prior to the date on which a Change of in Control occurs; Confidential 1 (iv) A diminution in employee benefits (including but not limited to medical, dental, life insurance insurance, and long-term long--term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries) to employees executives with comparable duties or (B) the employee benefits and perquisites to which he Executive was entitled immediately prior to the date on which a Change of in Control occurs; or -1- (v) A change in the location of Executive's principal place of employment by the Company (including its subsidiaries) by more than 50 100 miles from the location where he Executive was principally employed immediately prior to the date on which a Change of in Control occurs. View More Arrow
Change in Duties. Shall mean shall mean: (i) The occurrence, prior to a Change of Control or after the occurrence date which is two years after a Change of Control occurs, of any one or more of the following: (i) (1) A significant change in the nature or scope of Executive's authorities or duties from those previously applicable to him; (2) A reduction in Executive's base salary from that provided to him immediately prior to the effective date of this Agreement (or the effective date of any extension of this... Agreement pursuant to Paragraph 7(a)); or (3) A diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from those substantially similar to the employee benefits and perquisites provided by the Company (including its subsidiaries) to executives with comparable duties; or (ii) The occurrence, within two years after the date upon which a Change of Control occurs, of any one or more of the following: (1) A significant change in the nature or scope of Executive's authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (ii) (2) A reduction in Executive's base salary from that provided to him immediately prior to the date on which a Change of Control occurs; (iii) (3) A diminution in Executive's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are the greater of (A) the opportunities provided by the Company (including its subsidiaries) for employees executives with comparable duties or (B) the opportunities under any such plans under which he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) (4) A diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries) to employees executives with comparable duties or (B) the employee benefits and perquisites to which he was entitled immediately prior to the date on which a Change of Control occurs; or (v) (5) A change in the location of Executive's principal place of employment by the Company (including its subsidiaries) by more than 50 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs. View More Arrow
Change in Duties. Shall shall mean the occurrence of any one or more of the following: (i) A i) a significant change in the nature or scope of Executive's the Employee's authorities or duties from those applicable to him her/him immediately prior to the date on which a Change of Control occurs; (ii) A ii) a reduction in Executive's base salary the Employee's Annual Salary from that provided to him her/him immediately prior to the date on which a Change of Control occurs; (iii) A iii) a diminution in Executive's the Employee's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are compensation, from the greater of (A) of: the opportunities provided by the Company (including its subsidiaries) for employees executives with comparable duties duties; or (B) the opportunities under any such plans under which he she/he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A iv) a diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive the Employee, from the greater of (A) of: the employee benefits and perquisites provided by the Company (including its subsidiaries) subsidiaries), to employees executives with comparable duties duties; or (B) the employee benefits and perquisites to which he the Employee was entitled immediately prior to the date on which a Change of Control occurs; or (v) A v) a change in the location of Executive's the Employee's principal place of employment by the Company (including its subsidiaries) by more than 50 fifty miles from the location where he she/he was principally employed immediately prior to the date on which a Change -3- of Control occurs; or vi) a reasonable determination by the Employee that, as a result of a Change of Control and a change in circumstances thereafter significantly affecting her/his position, she/he is unable to exercise the authorities, powers, functions or duties attached to her/ his position immediately prior to the date on which a Change of Control occurs. View More Arrow
Change in Duties. Shall shall mean the occurrence of any one or more of the following: (i) A i) a significant change in the nature or scope of Executive's the Employee's authorities or duties from those applicable to him her/him immediately prior to the date on which a Change of Control occurs; (ii) A ii) a reduction in Executive's base salary the Employee's Annual Salary from that provided to him her/him immediately prior to the date on which a Change of Control occurs; (iii) A iii) a diminution in Executive's the Employee's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are compensation, from the greater of (A) of: the opportunities provided by the Company (including its subsidiaries) for employees executives with comparable duties duties; or (B) the opportunities under any such plans under which he she/he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A iv) a diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive the Employee, from the greater of (A) of: the employee benefits and perquisites provided by the Company (including its subsidiaries) subsidiaries), to employees executives with comparable duties duties; or (B) the employee benefits and perquisites to which he the Employee was entitled immediately prior to the date on which a Change of Control occurs; or (v) A v) a change in the location of Executive's the Employee's principal place of employment by the Company (including its subsidiaries) by more than 50 fifty miles from the location where he she/he was principally employed immediately prior to the date on which a Change of Control occurs; or -3- vi) a reasonable determination by the Employee that, as a result of a Change of Control and a change in circumstances thereafter significantly affecting her/his position, she/he is unable to exercise the authorities, powers, functions or duties attached to her/ his position immediately prior to the date on which a Change of Control occurs. View More Arrow
Change in Duties. Shall shall mean the occurrence of any one or more of the following: (i) A i) a significant change in the nature or scope of Executive's the Employee's authorities or duties from those applicable to him her/him immediately prior to the date on which a Change of Control occurs; (ii) A ii) a reduction in Executive's base salary the Employee's Annual Salary from that provided to him her/him immediately prior to the date on which a Change of Control occurs; (iii) A iii) a diminution in Executive's the Employee's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are compensation, from the greater of (A) of: the opportunities provided by the Company (including its subsidiaries) for employees executives with comparable duties duties; or (B) the opportunities under any such plans under which he she/he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A iv) a diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive the Employee, from the greater of (A) of: the employee benefits and perquisites provided by the Company (including its subsidiaries) subsidiaries), to employees executives with comparable duties duties; or (B) the employee benefits and perquisites to which he the Employee was entitled immediately prior to the date on which a Change of Control occurs; or (v) A v) a change in the location of Executive's the Employee's principal place of employment by the Company (including its subsidiaries) by more than 50 fifty miles from the location where he she/he was principally employed immediately prior to the date on which a Change of Control occurs; or -3- vi) a reasonable determination by the Employee that, as a result of a Change of Control and a change in circumstances thereafter significantly affecting her/his position, she/he is unable to exercise the authorities, powers, functions or duties attached to her/ his position immediately prior to the date on which a Change of Control occurs. View More Arrow
Change in Duties. Shall shall mean the occurrence of any one or more of the following: (i) A i) a significant change in the nature or scope of Executive's the Employee's authorities or duties from those applicable to him her/him immediately prior to the date on which a Change of Control occurs; (ii) A ii) a reduction in Executive's base salary the Employee's Annual Salary from that provided to him her/him immediately prior to the date on which a Change of Control occurs; (iii) A iii) a diminution in Executive's the Employee's eligibility to participate in bonus, stock option, incentive award and other compensation plans which provide opportunities to receive compensation which are compensation, from the greater of (A) of: the opportunities provided by the Company (including its subsidiaries) for employees executives with comparable duties duties; or (B) the opportunities under any such plans under which he she/he was participating immediately prior to the date on which a Change of Control occurs; Confidential 1 (iv) A iv) a diminution in employee benefits (including but not limited to medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive the Employee, from the greater of (A) of: the employee benefits and perquisites provided by the Company (including its subsidiaries) subsidiaries), to employees executives with comparable duties duties; or (B) the employee benefits and perquisites to which he the Employee was entitled immediately prior to the date on which a Change of Control occurs; or (v) A v) a change in the location of Executive's the Employee's principal place of employment by the Company (including its subsidiaries) by more than 50 fifty miles from the -3- location where he she/he was principally employed immediately prior to the date on which a Change of Control occurs; or vi) a reasonable determination by the Employee that, as a result of a Change of Control and a change in circumstances thereafter significantly affecting her/his position, she/he is unable to exercise the authorities, powers, functions or duties attached to her/ his position immediately prior to the date on which a Change of Control occurs. View More Arrow
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