Demotion or Removal

Example Definitions of "Demotion or Removal"
Demotion or Removal. The Executive shall be deemed to have been subjected to "Demotion or Removal" if, during the three year period commencing on the date of a Change of Control, other than by Voluntary Resignation or with the Executive's written consent, the Executive ceases to hold the highest position held by him at any time during the one year period ending on the date of the Change of Control with all of the duties, authority, and responsibilities of that office as in effect at any time during the one year... period ending on the date of the Change of Control. View More
Demotion or Removal. Executive shall be deemed to have been subjected to "Demotion or Removal" if (other than by voluntary resignation or with Executive's written consent) Executive ceases to hold the highest position as an employee/officer of Invacare held by him at any time during the effectiveness of this Agreement with all of the duties, authority, and responsibilities of that office as in effect at any time during the effectiveness of this Agreement.
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