Executive Good Reason

Executive Good Reason. Means (i) Executive is removed as President and CEO or as assigned duties inconsistent with those typically assigned to a President and CEO without his consent, (ii) an actual decrease in the Base Salary and benefits, except for a decrease which is across the board and uniform (in amount and percentage) and less than 15% of such Base Salary or (iii) the failure of the Company to move its headquarters to a location mutually acceptable to Executive and the Board, if, after the second anniversary... of the date hereof, Executive requests that Company headquarters be moved. View More

Executive Good Reason. Means (i) Executive is removed as President and CEO of the Company or Holdings or is assigned duties inconsistent with those typically assigned to a President and CEO without his consent or (ii) any decrease in the Base Salary and benefits, except for a decrease which is across the board and uniform (in amount and percentage) and less than 15% of such Base Salary.