Good Reason Definition Example with 4 Variations

This page contains an example definition of Good Reason, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Good Reason. Means, except as otherwise provided in an Award Agreement or a Participant's employment agreement with the Company, the occurrence of one or more of the following without the Participant's express written consent, which circumstances are not remedied by the Company within thirty (30) days after its receipt of a written notice from the Participant describing the applicable circumstances (which notice must be provided by the Participant within ninety (90) days after the Participant's knowledge of... the applicable circumstances): (i) any material, adverse change in the Participant's duties, responsibilities, authority, title, status or reporting structure; (ii) a material reduction in the Participant's base salary; or (iii) a geographical relocation of the Participant's principal office location by more than fifty (50) miles; provided that, in each case, the Participant must actually terminate his or her employment within thirty (30) days following the Company's thirty (30)-day cure period specified herein. View More
Found in James River Group Holdings, Ltd. contract

Variations

Good Reason. Means, means, except as otherwise provided in an Award Agreement or a Participant's employment agreement with the Company, Agreement, the occurrence of one or more of the following without the Participant's express written consent, following, which circumstances are not remedied by the Company within thirty (30) days after its receipt of a written notice from the Participant describing the applicable circumstances (which notice must be provided by the Participant within ninety (90) days after... the Participant's knowledge of the applicable circumstances): (i) any material, adverse change a material diminution in the a Participant's duties, duties and responsibilities, authority, title, status or reporting structure; (ii) a material reduction decrease in the a Participant's base salary; salary or bonus opportunity or (iii) a geographical relocation of the Participant's principal office location by more than fifty (50) miles; miles, in each case, without written consent; provided that, that in each case, the Participant must actually terminate his or her employment within thirty (30) days following the Company's thirty (30)-day cure period specified herein. View More
Found in BELLRING BRANDS, INC. contract
Good Reason. Means, except as otherwise provided in an unless the applicable Award Agreement states otherwise: (a) If an Employee or Consultant is a Participant's party to an employment or service agreement with the Company, Company or its Affiliates and such agreement provides for a definition of Good Reason, the definition contained therein; or (b) If no such agreement exists or if such agreement does not define Good Reason, the occurrence of one or more of the following without the Participant's express... written consent, which circumstances are not remedied by the Company within thirty (30) days after of its receipt of a written notice from the Participant describing the applicable circumstances (which notice must be provided by the Participant within ninety (90) days after of the Participant's knowledge of the applicable circumstances): (i) any material, adverse change in the Participant's duties, responsibilities, authority, title, status or reporting structure; (ii) a material reduction in the Participant's base salary; salary or bonus opportunity; or (iii) a geographical relocation of the Participant's principal office location by more than fifty (50) miles; provided that, in each case, the Participant must actually terminate his or her employment within thirty (30) days following the Company's thirty (30)-day cure period specified herein. miles. View More
Found in 2 Contracts from Sharps Technology Inc.
Good Reason. Means, means, except as otherwise provided in an Award Agreement or a Participant's employment agreement with the Company, Agreement, the occurrence of one or more of the following without the Participant's express written consent, following, which circumstances are not remedied by the Company within thirty (30) days after its receipt of a written notice from the Participant describing the applicable circumstances (which notice must be provided by the Participant within ninety (90) 90 days... after the Participant's knowledge of the applicable circumstances): (i) any material, adverse a material diminution in a Participant's duties and responsibilities other than a change in the such Participant's duties, responsibilities, authority, title, status or reporting structure; duties and responsibilities that results from becoming part of a larger organization following a Change in Control, (ii) a material reduction decrease in a Participant's base salary, bonus opportunity or benefits other than a decrease in benefits that applies generally to all employees of the Employer or its Subsidiaries otherwise eligible to participate in the Participant's base salary; affected plan, or (iii) a geographical relocation of the a Participant's principal office primary work location by more than fifty (50) miles; 50 miles from the work location immediately prior to the Change in Control, in each case, without written consent; provided that, that in each case, the Participant must actually terminate his or her employment within thirty (30) days following the Company's thirty (30)-day cure period specified herein. View More
Found in SunEdison Semiconductor Ltd contract
Good Reason. Means, except as otherwise provided in (x) if the Participant is a party to an Award Agreement employment or a Participant's employment service agreement with the Company, Company or its Affiliates and such agreement provides for a definition of Good Reason, the definition contained therein; or (y) if no such agreement exists or if such agreement does not define Good Reason, the occurrence of one or more of the following without the Participant's express written consent, which circumstances are... not remedied by the Company within thirty (30) sixty (60) days after of its receipt of a written notice from the Participant describing the applicable circumstances (which notice must be provided by the Participant within ninety (90) thirty (30) days after the Participant's knowledge of the applicable circumstances): (i) any material, adverse change in the Participant's duties, responsibilities, authority, title, status or reporting structure; (ii) a material reduction in the Participant's base salary; salary or bonus opportunity; or (iii) a geographical relocation of the Participant's principal office location by more than fifty (50) miles; provided that, in each case, miles. If the Participant must actually does not terminate his or her employment or service for Good Reason within thirty (30) ninety (90) days following after the Company's thirty (30)-day cure period specified herein. first occurrence of the applicable grounds, then the Participant will be deemed to have waived his or her right to terminate for Good Reason with respect to such grounds View More
Found in ASV HOLDINGS, INC. contract
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