Good Reason
Good Reason. As used in the Grant Notice or in this Restricted Stock Unit Agreement shall have the meanings set forth in the Executive Severance Agreement, dated as of November 22, 2022, between the Participant and the Company
Found in
US Foods Holding Corp. contract
Good Reason. The term "Good Reason" means the occurrence (in which the initial existence occurs on or after the Announcement) of any one or more of the items (each a "Good Reason Event") enumerated in subsections 1.15(a) through 1.15(c) without the prior written consent of the Executive. Executive must give the Company written notice of the alleged Good Reason Event within 90 days of its initial existence and the Company shall then have 30 days to cure the Good Reason Event. If the Company does not timely...
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Found in
First Foundation Inc. contract
Good Reason. Shall mean the occurrence of any of the following events or conditions without Executive's written consent: (i) a decrease in Executive's Base Amount, other than a reduction in Executive's Base Amount of less than 10% that is implemented in connection with a contemporaneous reduction in annual base salaries affecting all other senior executives of the Company, (ii) a material decrease in Executive's Bonus Amount, (iii) a material decrease in Executive's authority (including ceasing to report to...
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Found in
Axalta Coating Systems Ltd. contract
Good Reason. Means: i. Any removal of the Recipient from his position with the Company as of the Date of Grant without his being appointed to a comparable or higher position in the Company; ii. The assignment to the Recipient of duties materially inconsistent with the status of the position he holds with the Company as of the Date of Grant, and the Company fails to rescind such assignment within thirty (30) days following receipt of written notice to the Board of Directors of the Company from Recipient,...
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Good Reason. Will have the meaning ascribed to such term in any written agreement between the Participant and the Company or a successor corporation defining such term and, in the absence of such agreement, such term means, with respect to a Participant, any of the following actions taken without Cause without Participant's consent: (i) A material reduction of the Participant's base compensation, other than a reduction that applies generally to all executives; (ii) A material reduction in the Participant's...
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Found in
Iterum Therapeutics plc contract
Good Reason. The occurrence of any of the following without the Participant's written consent: (i) a material reduction in the Participant's Base Salary, other than a general reduction in Base Salary that affects all similarly situated employees in substantially the same proportions; (ii) a material reduction in the Participant's Bonus opportunity; (iii) a relocation of the Participant's principal place of employment by more than 50 miles; (iv) any material breach by the Company of any material provision of...
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Found in
CM Life Sciences II Inc. contract
Good Reason. Shall have the meaning set forth in your change in control agreement, if applicable.
Found in
Winnebago Industries, Inc. contract
Good Reason. The occurrence of any of the following events without the Covered Employee's prior written consent: (A) a material diminution in the Covered Employee's base compensation; (B) a material diminution in the Covered Employee's authority, duties or responsibilities (this determination will include an analysis of whether the Covered Employee maintains at least the same level, scope and type of duties and responsibilities with respect to the management, strategy, operations and business of the...
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Found in
AGIOS PHARMACEUTICALS INC contract
Good Reason. Unless the applicable Award Agreement states otherwise: (a) If an Employee or Consultant is a party to an employment or service agreement with the 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: (i) any material, adverse change in the Participant's duties, responsibilities, authority, title,...
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Good Reason. Means the occurrence of one of the following without the Employee's prior written consent, provided that the procedures described herein are followed: (i) The Employee's base salary is materially reduced (defined as a 10% or more reduction); (ii) The criteria for determining the Employee's annual bonus payment results in a potential annual bonus that is materially reduced (defined as a 10% or more reduction); (iii) The Employee's benefits are materially reduced (defined as a 10% or more...
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All Definitions
Found in
Whitestone REIT contract