Good Reason Event

Example Definitions of "Good Reason Event"
Good Reason Event. A "Good Reason Event" shall be any of the following: (i) without the Executive's express written consent, a material diminution of the Executive's duties, authority or responsibilities; (ii) without the Executive's express written consent, a reduction by the Company of the Executive's base salary; (iii) without the Executive's express written consent, the imposition of a requirement that Executive's primary place of employment be at a facility or a location more than fifty (50) miles from the... Executive's current work location, provided that such requirement to relocate materially increases the Executive's commute; or (iv) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 7 below. View More
Found in PIXELWORKS, INC contract
Good Reason Event. A "Good Reason Event" shall be any of the following: (i) without the Executive's express written consent, a material diminution of the Executive's duties, authority or responsibilities; (ii) without the Executive's express written consent, a reduction by the Company of the Executive's base salary; total compensation (base salary and bonus) and Company-provided benefits;; (iii) without the Executive's express written consent, the imposition of a requirement that Executive's primary place of... employment be at a facility or a location more than fifty (50) miles from the Executive's current work location, provided that such requirement to relocate materially increases the Executive's commute; or (iv) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 7 below. With respect to item (i), continuation of employment as the executive PAGE 2 - Employment Agreementeffectively in charge of delivering results from a continuation of the Company's business (however that continuation may be legally organized) in the hands of a successor owner, shall not constitute a material diminution of Executive's duties, authority, or responsibilities. View More
Found in PIXELWORKS, INC contract
Good Reason Event. A "Good Reason Event" shall be any Any of the following: (i) without the Executive's express written consent, a material diminution reduction of the Executive's duties, authority position or responsibilities; (ii) without the Executive's express written consent, a reduction by the Company of the Executive's base salary; (iii) without the Executive's express written consent, the imposition of a requirement that Executive's primary place of employment be at a facility or a location more than... fifty (50) miles from the Executive's current work location, provided that such requirement to relocate materially increases the Executive's commute; location; or (iv) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 7 8 below. View More
Found in PIXELWORKS, INC contract
View Variations (2)
Good Reason Event. A material breach of this Agreement by the Company and such breach shall not have been cured within thirty (30) days after written notice of such breach that is given by the Employee to the Board no later than thirty (30) days after the initial existence of the breach.
Found in NCS Multistage Holdings, Inc. contract
Good Reason Event. Means, during the Employment Period, (i) a substantial diminution in Executive's professional responsibilities, (ii) the Company's failure to timely pay any amounts due to Executive hereunder or a significant reduction in the Salary or in the aggregate of the services, perquisites, and amenities which Executive was theretofore receiving, (iii) a change in Executive's work location that increases the regular one-way commute distance between Executive's residence and work location prior to such... change by more than 50 miles, (iv) any action or inaction that constitutes a material breach of this Agreement by the Company. View More
Found in Bespoke Extracts, Inc. contract
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