Good Reason Before A Change of Control
Good Reason Before A Change of Control. The occurrence of any of the following events or conditions, unless the Executive has expressly consented in writing thereto or unless the event is remedied by the Company within 30 days after receipt of notice thereof given by the Executive: (1) Any reduction in the Executive's annual base salary, other than as part of an across the board reduction in salaries of management personnel of less than 20%; (2) A material reduction of the Executive's duties or responsibilities hereunder, other than...
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Found in
Actua Corp contract