Good Reason Definition Example with 7 Variations

Good Reason. Means Termination by the occurrence of any Executive of the Executive's employment for "Good Reason" shall mean termination by the Executive following conditions: a Change of Control based on: (i) any material breach of this Agreement by the Bank, Employers, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed in Section 2, responsibilities, or (C) a material diminution in the authority, duties or responsibilities of the supervisor officer to whom the Executive is required to report, or (ii) any material change in the geographic location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 Agreement; provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank Employers within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank Employers shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank Employers received the written notice from the Executive. If the Bank remedies Employers remedy the condition within such thirty (30) day cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank does Employers do not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More

Good Reason. Means Termination by the occurrence of any Executive of the following conditions: Executive's employment for "Good Reason" shall mean termination by the Executive based on: (i) any material breach of this Agreement by the Bank, Employer, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed in Section 2, responsibilities, or (C) any... requirement that the Executive report to a material diminution in the authority, duties corporate officer or responsibilities employee of the supervisor Bank other than: (1) the President and CEO of the Bank; (2) the Board of Directors; or (3) from time to whom time with respect to specified matters, a director of either the Executive Corporation or the Bank who is required to report, designated by a majority of the full Board of Directors of the Bank, or (ii) any material change in the geographic Metro Louisville, Kentucky location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 Agreement; provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank received the written notice from the Executive. If the Bank remedies the condition within such thirty (30) day cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More

Good Reason. Means Termination by the Executive of the Executive's employment for 'Good Reason' shall mean termination by the Executive based on the occurrence of any of the following conditions: events: (i) any material breach of this Agreement by the Bank, Employer, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed in Section 2, responsibilities,... or (C) a material diminution in the authority, duties or responsibilities of the supervisor officer to whom the Executive is required to report, or (ii) any material change in the geographic location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 Agreement; provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank Employer within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank Employer shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank Employer received the written notice from the Executive. If the Bank Employer remedies the condition within such thirty (30) day cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank Employer does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More

Good Reason. Means means the occurrence of any of the following conditions: (i) any material breach of this Agreement by the Bank, Corporation, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed in Section 2, or (C) any requirement that the Executive report to a material diminution in the authority, duties corporate officer or responsibilities employee of the supervisor Corporation instead of reporting directly to whom the Executive is required to report, Board of Directors of the Corporation (the "Corporation Board"), or 2 (ii) any material change in the geographic location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank Corporation within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank Corporation shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank Corporation received the written notice from the Executive. If the Bank Corporation remedies the condition within such thirty (30) cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank Corporation does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More

Good Reason. Means means the occurrence of any of the following conditions: (i) any material breach of this Agreement by the Bank, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed in Section 2, or (C) any requirement that the Executive report to a material diminution in the authority, duties corporate officer or responsibilities employee of the ... class="diff-color-red">supervisor Bank instead of reporting directly to whom the Executive is required to report, Board of Directors of the Bank (the "Bank Board"), or 2 (ii) any material change in the geographic location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank received the written notice from the Executive. If the Bank remedies the condition within such thirty (30) cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More

Found in HOME BANCORP, INC. contract

Good Reason. Means means the occurrence of any of the following conditions: (i) any material breach of this Agreement by the Bank, Corporation, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed described in Section 2, or (C) any requirement that the Executive report to a material diminution in the authority, duties corporate officer or ... class="diff-color-red">responsibilities employee of the supervisor Corporation instead of reporting directly to whom the Executive is required to report, Board of Directors of the Corporation (the "Corporation Board"), or (ii) any material change in the geographic location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 Agreement; provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank Corporation within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank Corporation shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank Corporation received the written notice from the Executive. If the Bank Corporation remedies the condition within such thirty (30) cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank Corporation remedies the condition within such thirty (30) day cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Corporation does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More

Found in Home Federal Bancorp, Inc. of Louisiana contract

Good Reason. Means means the occurrence of any of the following conditions: events: (i) any material breach of this Agreement by the Bank, Employer, including without limitation any of the following: (A) a material diminution in the Executive's base compensation, (B) a material diminution in the Executive's authority, duties or responsibilities as prescribed in Section 2, responsibilities, or (C) a material diminution in the authority, duties or responsibilities of the supervisor to whom the Executive is... required to report, or (ii) any material change in the geographic location at which the Executive must perform his services under this Agreement for a period of more than 90 days; 2 Agreement; provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Bank Employer within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Bank Employer shall thereafter have the right to remedy the condition within thirty (30) days of the date the Bank Employer received the written notice from the Executive. If the Bank Employer remedies the condition within such thirty (30) day cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Bank Employer does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period. View More