Good Reason
Good Reason. Means any of the following: (1) a reduction in Executive's base salary as in effect at the time of the Change of Control; (2) a significant adverse alteration in the nature or status of Executive's responsibilities from those in effect at the time of the Change of Control; or (3) relocation of the place where Executive performs his day-to-day responsibilities at the time of the Change of Control by more than thirty (30) miles.
Good Reason. Shall have the meaning provided in any applicable employment or severance agreement between you and the Company or a Subsidiary, or in the absence of such an agreement that defines the term, “Good Reason” shall mean the occurrence of any of the following without your consent: (i) a material reduction by the Company (or SKYX or an affiliate) of your title, duties, responsibilities or reporting relationship; (ii) a material reduction by the Company (or SKYX or an affiliate) of your annual base...
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Found in
SQL Technologies Corp. contract
Good Reason. Shall mean the occurrence of any of the following without the Executive’s consent (i) a material diminution in the nature or scope of the Executive’s responsibilities, authorities or duties, (ii) a relocation of the Executive’s principal place of employment to a location not within a fifty (50) mile radius of the location from which the Executive served the Company immediately prior to such relocation, (iii) a material reduction in the Executive’s Base Salary and/or Incentive Bonus, or (iv) a...
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Found in
True North Finance Corp contract
Good Reason. (i) any material diminution in Conroy's duties, authority, reporting relationships or responsibilities (whether or not accompanied by a title change); (ii) any material reduction in Conroy's Base Monthly Salary, other than as a result of a Company wide reduction in base salaries; or (iii) the relocation of the Company's executive offices more than 50 miles from its current location; provided however that (A) such Good Reason is not remedied or cured by the Company within thirty (30) days after...
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Good Reason. Shall mean the occurrence of any of the following: (i) a material diminution in the Executive’s title, duties or responsibilities, without the Executive’s prior written consent, or (ii) a reduction of the Executive’s aggregate cash compensation opportunity (including bonus opportunities), benefits or perquisites, without the Executive’s prior written consent, or (iii) any material breach of this Agreement by the Company.
Found in
TransDigm Group contract
Good Reason. A termination of Executive's employment by the Executive for any of the following events, provided that Executive shall have delivered a written notice to the Company or its successor within thirty (30) days of his having actual knowledge of the occurrence of one of such events, stating that he intends to terminate his employment for Good Reason and specifying the factual basis for such termination, and such event shall not have been cured by the Company or its successor within thirty (30) days...
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Found in
Speed Commerce, Inc. contract
Good Reason. (a) shall have the meaning ascribed to such term under an eligible executive's employment agreement with the Company, or (b) if there is no such agreement, shall mean the occurrence of any of the following events or conditions which is not done with the participant's written consent and is not cured within thirty (30) days after the Company receives written notice from the participant setting forth in reasonable detail the basis for the participant's claim of Good Reason: (i) any reduction in...
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Found in
GLOBAL CROSSING LTD contract
Good Reason. (i) a material reduction in your duties that is inconsistent with your position as Chief Financial Officer of Veritas or a change in your reporting relationship such that you no longer report directly to the Chief Executive Officer; (ii) your no longer being Chief Financial Officer of Veritas or, in the case of a Change in Control (as defined below), of the surviving entity or acquiror that results from any Change in Control; (iii) any reduction in your base annual salary or target quarterly or...
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Found in
VERITAS SOFTWARE CORP contract
Good Reason. Shall mean and shall be deemed to exist if, without the prior express written consent of the Employee, (A) the Employee suffers a material reduction in duties, responsibilities or effective authority associated with his title and position as set forth and described in this Agreement or is assigned any duties or responsibilities inconsistent in any material respect therewith; (B) the Company fails to substantially perform any material term or provision of this Agreement; (C) the Employees...
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Found in
TRIAD HOSPITALS INC contract
Good Reason. For termination by the Executive of the Executive’s employment shall mean that David G. Gartzke is no longer the Company’s Chief Executive Officer AND the occurrence (without the Executive’s express written consent) of any one of the following acts by the Company, or failures by the Company to act, unless such act or failure to act is corrected prior to the Date of Termination specified in the Notice of Termination given in respect thereof: (i) a substantial adverse alteration in the nature or...
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Found in
ADESA INC contract