Change in Opportunity

Change in Opportunity. Means, without your express written consent, any of the following: (i) the assignment to you of any duties materially inconsistent with your position, authority, duties or responsibilities as contemplated hereby, or any other action by the Company that results in a material diminution of such position, authority, duties or responsibilities; (ii) the Company's requirement that you move your personal ... residence or perform your principal executive functions outside of Manhattan; (iii) the Company's requirement that you report to an executive other than the Chairman or the Company's Board of Directors; or (iv) the failure of the Company to provide you with a total compensation package substantially equivalent to that set forth in this letter or any other material breach by the Company of the terms herein; provided, in each case, that you shall not be deemed to have terminated your employment for "Change of Opportunity" unless there shall have been delivered to the Company a copy of a notice of termination from you (no less than 30 days prior to the effective date of such termination) providing, in reasonable detail, a description of the reasons therefor, and unless the Company shall have had an opportunity to cure any events causing such Change of Opportunity. View More