Good Reason

Example Definitions of "Good Reason"
Good Reason. The meaning assigned to such term under the CIC Plan
Good Reason. Without the prior express written consent of the Executive (a) the Executive suffers a material change in his reporting obligations or title; (b) the Executive suffers a material change in the duties, responsibilities or effective authority associated with his titles and positions, as set forth and described in Section 2 of this Agreement; (c) a reduction by the Company of the Executive's Base Salary; (d) the Executive's office location is moved to a location more than 70 miles from the... Executive's current location of 1089 Eagle Road, Newtown, PA 18940, (e) a foreclosure of the Company's assets by a secured creditor occurs, (f) a material diminution in the budget over which the Executive retains authority occurs, or (g) the Company fails to materially comply with the terms of this Agreement. Good Reason shall not be deemed to exist unless the Executive gives the Company written notice within thirty (30) days after the occurrence of the event which the Executive believes constitutes the basis for Good Reason, specifying the particular act or failure to act which the Executive believes constitutes the basis for Good Reason. If the Company fails to cure such act or failure to act, if curable, within thirty (30) days after receipt of such notice, the Executive may terminate his employment for Good Reason. For the avoidance of doubt, if such act is not curable, the Executive may terminate his employment for Good Reason upon providing such notice. View More
Good Reason. With respect to a Participant, the occurrence of any of the following circumstances, without the Participant's express written consent, unless, if correctable, such circumstances are fully corrected within 30 days of the notice of termination given in respect thereof: (i) a material diminution in the Participant's base compensation; (ii) a material diminution in the Participant's authority, duties, or responsibilities; or (iii) a change in the geographic location at which the Participant must... perform the duties from Sacramento, California; provided further that a resignation shall not be considered to have been on account of Good Reason unless the Participant provides McClatchy not less than 60 days' advance notice in writing within 90 days of the initial occurrence of the condition that is the basis for such Good Reason and McClatchy does not correct the condition in the time frame described above. View More
Good Reason. Without the Employee's express written consent, the occurrence of any one or more of the following: (i) the assignment of Employee to duties materially 1 adversely inconsistent with the Employee's duties as of the date hereof, and failure to rescind such assignment within thirty (30) days of receipt of notice from the Employee; (ii) a material reduction in the Employee's title, executive authority or reporting status; (iii) the Company's requirement that the Employee relocate more than fifty... (50) miles from Employee's then current place of employment; (iv) a reduction by the Company in the Employee's base salary, or the failure of the Company to pay or cause to be paid any compensation or benefits hereunder when due or under the terms of any plan established by the Company, and failure to restore such base salary or make such payments within five (5) days of receipt of notice from the Employee; (v) failure to include the Employee in any new employee benefit plans proposed by the Company or a material reduction in the Employee's level of participation in any benefit plans of the Company; provided that a Company-wide reduction or elimination of such plans shall not give rise to a "Good Reason" termination; or (vi) the failure of the Company to obtain a satisfactory agreement from any successor to the Company with respect to the ownership of substantially all the stock or assets of the Company to assume and agree to perform this Agreement; provided that, in each case, (A) within sixty (60) days of the initial occurrence of the specified event the Employee has given the Company written notice giving the Company at least thirty (30) days to cure the Good Reason, (B) the Company has not cured the Good Reason within the (30) thirty day period and (C) the Employee resigns within ninety (90) days from the initial occurrence of the event giving rise to the Good Reason. View More
Good Reason. That any one or more of the following has occurred without Member's specific written consent, (i) any material diminution in Member's responsibilities, authorities or duties or in Member's title, (ii) any reduction in Member's Base Compensation or target bonus opportunity, (iii) a transfer of Member's principal place of service by more than thirty-five (35) miles from its then current location, or (iv) any breach or violation by the Company of any material provisions of this Agreement;... provided, that no event described in clause (i), (ii), (iii) or (iv) shall constitute Good Reason unless (A) Member has given the Company written notice of the termination, setting forth the conduct of the Company that is alleged to constitute Good Reason, within sixty (60) days following the occurrence of such event, (B) Member has provided the Company at least thirty (30) days following the date on which such notice is provided to cure such conduct and the Company has failed to do so, and (C) a termination of service by Member for Good Reason is effective on the day following the expiration of such cure period. View More
Good Reason. The meaning set forth in the Participant's employment agreement with the Company or any of its subsidiaries
Good Reason. You are a party to an employment agreement or offer letter or any other individual agreement with the Company Group, including but not limited to a severance protection agreement, and such agreement provides for a definition of Good Reason, the definition therein contained. If no such agreement or definition exists, it means any of the following conditions, in each case, without your written consent: (i) a reduction in your base salary, (ii) an adverse change in your title, or (iii) a... relocation of your principal place of employment as of the Effective Date by more than thirty (30) miles. Notwithstanding the foregoing, a condition will constitute Good Reason only if you have provided written notice to LVI of the existence of the condition within thirty (30) days following the initial existence of the condition and LVI fails to remedy the condition on or before the 30th day following its receipt of such notice from you and you terminate your employment within the five (5)-day period following the expiration of the Company Group's thirty (30)-day cure period. View More
Good Reason. Shall have the meaning ascribed to such term in the Executive Severance Agreement or Executive Severance Policy, as applicable
Good Reason. Shall exist in the event any of the following actions are taken without an Eligible Individual's consent: (i) a material reduction, in absolute terms, in the nature and scope of the Eligible Individual's position, authority, power, functions, duties and responsibilities, taking into account the Company's size, status as a public company and capitalization; (ii) the Company or any of its Affiliates materially reduces the Eligible Individual's Base Salary (unless the base salaries of... substantially all other similarly situated executives of the Company are similarly reduced); or (iii) if the Eligible Individual is a party to an employment agreement with the Company, any material breach of such employment agreement by the Company. View More
Good Reason. The meaning set forth in the SOPIP
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