Good Cause Definition Example with 6 Variations

Good Cause. : (i) a reduction in Executive's base salary below the rate then in effect in accordance with Paragraph 3.1; (ii) the Employer requiring that Executive be based at a location more than fifty (50) twenty-five (25) miles from the Employer's headquarters as of the Effective Date (excluding travel for Employer business and other temporary relocations of no more than thirty (30) days individually); (iii) a reduction in his title; or (iv) the continuation after a Change of Control, or imposition... within six (6) months after a Change of Control, of a material reduction in the duties or authority of Executive so that he is no longer performing substantially all of the duties of a chief credit financial officer of a community bank. View More

Good Cause. : (i) a reduction in Executive's base salary below the rate then in effect in accordance with Paragraph 3.1; (ii) the Employer Bank requiring that Executive be based 2 at a location more than fifty (50) miles from the Employer's Bank's headquarters as of the Effective Date (excluding travel for Employer Bank business and other temporary relocations of no more than thirty (30) days individually); (iii) a reduction in his title; or (iv) the continuation after a Change of Control, or imposition... within six (6) months after a Change of Control, of a material reduction in the duties or authority of Executive so that he is no longer performing substantially all of the duties of a chief credit officer of a community bank. View More

Good Cause. : means: (i) a reduction in Executive's base salary below the rate then in effect in accordance with Paragraph 3.1; (ii) the Employer Bank requiring that Executive be based at a location more than fifty (50) miles from the Employer's Bank's headquarters as of the Effective Date (excluding travel for Employer Bank business and other temporary relocations of no more than thirty (30) days individually); (iii) a reduction in his title; or (iv) the continuation after a Change of Control, or... imposition within six (6) months after a Change of Control, of a material reduction in the duties or authority of Executive so that he is no longer performing substantially all of the duties of a president and chief credit executive officer of a community bank. View More

Good Cause. : (i) a reduction in Executive's base salary below the rate then in effect in accordance with Paragraph 3.1; (ii) the Employer Bank requiring that Executive be based at a location more than fifty (50) miles from the Employer's Bank's headquarters as of the Effective Date (excluding travel for Employer Bank business and other temporary relocations of no more than thirty (30) days individually); (iii) a reduction in his title; or (iv) the continuation after a Change of Control, 2 or imposition... within six (6) months after a Change of Control, of a material reduction in the duties or authority of Executive so that he is no longer performing substantially all of the duties of a chief credit officer of a community bank. View More

Good Cause. : (i) a reduction in Executive's base salary below the rate then in effect in accordance with Paragraph 3.1; (ii) the Employer Bank requiring that Executive be based at a location more than fifty (50) miles from the Employer's Bank's headquarters as of the Effective Date (excluding travel for Employer Bank business and other temporary relocations of no more than thirty (30) days individually); (iii) a reduction in his title; or (iv) the continuation after a Change of Control, or imposition... within six (6) months after a Change of Control, of a material reduction in the duties or authority of Executive so that he is no longer performing substantially all of the duties of a chief credit officer of a community bank. 2 View More

Good Cause. : means: (i) a reduction in Executive's base salary below the rate then in effect in accordance with Paragraph 3.1; (ii) the Employer requiring that Executive be based at a location more than fifty (50) miles from the Employer's headquarters as of the Effective Date (excluding travel for Employer business and other temporary relocations of no more than thirty (30) days individually); (iii) a reduction in his title; or (iv) the continuation after a Change of Control, or imposition within six (6)... months after a Change of Control, of a material reduction in the duties or authority of Executive so that he is no longer performing substantially all of the duties of a president and chief credit executive officer of a community bank. bank; or (v) a breach by the Employer of this Agreement. View More