Good Reason Separation

Example Definitions of "Good Reason Separation"
Good Reason Separation. The Executive's voluntary Separation from Service within two years after the occurrence without the Executive's consent of one or more of the following events: (i) the material reduction in the Executive's annual base salary; (ii) the material diminution or reduction of the Executive's authority, duties, or responsibilities; (iii) a material change in the geographic location at which the Executive must perform services; or (iv) any material breach by the Employer of any other provision of this... Agreement; provided, however, that an Executive shall not be entitled to a Good Reason Separation unless the Executive shall have furnished written notice to the Employer of the condition claimed to constitute the basis for the Good Reason Separation within 90 days of the initial existence of such condition, and the Employer shall have not remedied such condition within a period of 30 days after its receipt of such notice from the Executive View More
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