Good Reason Definition Example with 6 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. The occurrence of any of the following without the consent of Executive: (i) a material diminution in the Executive's Base Salary; (ii) a material diminution in the Executive's authority, duties or responsibilities; (iii) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is required to report; (iv) a material diminution in the budget over which the Executive retains authority; (v) a material change in the geographic location at which the... Executive must perform services; or (vi) a material breach by Orion of any provisions of this Agreement or any option agreement with the Company to which the Executive is a party. View More
Found in ORION ENERGY SYSTEMS, INC. contract

Variations

Good Reason. The the occurrence of any of the following without the consent of Executive: (i) a material diminution in the Executive's Base Salary; (ii) a material diminution in the Executive's authority, duties or responsibilities; (iii) (ii) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is required to report; (iv) (iii) a material diminution in the budget over which the Executive retains authority; (v) (iv) a material change in the geographic... location at which the Executive must perform services; or (vi) (v) a material breach by Orion Whiting of any provisions of this Agreement or any option agreement with the Company to which the Executive is a party. Agreement. View More
Found in WHITING PETROLEUM CORP contract
Good Reason. The the occurrence of any of the following without the consent of Executive: (i) a material diminution in the Executive's Base Salary; (ii) a material diminution in the Executive's authority, duties or responsibilities; (iii) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is required to report; (iv) a material diminution in the budget over which the Executive retains authority; (v) a material change in the geographic location at which... the Executive must perform services; (iii) a material diminution in duties; or (vi) (iv) a material breach by Orion of any provisions of this Agreement or any option equity award agreement with the Company Orion to which the Executive is a party. View More
Found in ORION ENERGY SYSTEMS, INC. contract
Good Reason. The occurrence of any means one or more of the following conditions arising without the consent of the Executive: (i) a material diminution in the Executive's Base Salary; (ii) a A material diminution in the Executive's authority, duties duties, or responsibilities; (ii) A material diminution in the Executive's base compensation; (iii) a A material diminution in the authority, duties duties, or responsibilities of the supervisor corporate officer or employee to whom the Executive is required to... report; report, including a requirement that the Executive report to a corporate officer or employee instead of reporting directly to the Board; (iv) a A material diminution in the budget over which the Executive retains authority; (v) a A material change in the geographic location at which the Executive must perform services; the services Executive provides to the Company; or (vi) Any other action or inaction that constitutes a material breach by Orion the Company of any provisions of this Agreement or any option agreement with the Company to under which the Executive is a party. provides services. View More
Found in FBL FINANCIAL GROUP INC contract
Good Reason. The the occurrence of any of the following without the consent of Executive: (i) a material diminution in the Executive's Base Salary; (ii) a material diminution in the Executive's authority, duties or responsibilities; (iii) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is required to report; (iv) a material diminution in the budget over which the Executive retains authority; (v) a material change in the geographic location at which... the Executive must perform services; or (vi) (iii) a material breach by Orion of any provisions of this Agreement or any option agreement with the Company Orion to which the Executive is a party. View More
Found in ORION ENERGY SYSTEMS, INC. contract
Good Reason. The the occurrence of any of the following without the consent of Executive: (i) a material diminution in the Executive's Base Salary; (ii) a material diminution in the Executive's authority, duties or responsibilities; (iii) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is required to report; (iv) a material diminution in the budget over which the Executive retains authority; (v) a material change in the geographic location at which... the Executive must perform services; or (vi) (v) a material breach by Orion of any provisions of this Agreement or any option agreement with the Company to which the Executive is a party. View More
Found in ORION ENERGY SYSTEMS, INC. contract
Good Reason. The the occurrence of any of the following without the consent of the Executive: (i) a material diminution in the Executive's Base Salary; (ii) a material diminution in the Executive's authority, duties or responsibilities; (iii) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is required to report; (iv) report, including a material diminution in the budget over which requirement that the Executive retains authority; (v) report to a... corporate officer or employee instead of reporting directly to the board of directors of the Company; (iv) a material change in the geographic location at which the Executive must perform is primarily performing services; or (vi) (v) a material breach by Orion the Company of any provisions material provision of this Agreement. Notwithstanding the foregoing, the Company's non-renewal of this Agreement or any option agreement with the Company pursuant to which the Executive is a party. Section 1(a) shall not constitute Good Reason. View More
Found in 2 Contracts from EMERGENT CAPITAL, INC.
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