Good Reason
Good Reason. The Participant's resignation on account of (x) a material diminution of the Participant's base salary or incentive compensation opportunity, (y) a material diminution in the Participant's authority, duties or responsibilities or (z) a requirement that the Participant relocate the Participant's principal office to a location more than fifty miles from his then current location. A resignation shall not be with Good Reason unless the Participant gives the Board written notice (within ninety days...
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Good Reason. (i) any material reduction of the Executive's duties, authority or responsibilities relative to the Executive's duties, authority, or responsibilities as in effect immediately before such reduction, except if agreed to in writing by the Executive; (ii) a reduction by the Company in the base salary of the Executive, or of twenty-five percent (25%) or more in the Target Bonus opportunity of such Executive, as in effect immediately before such reduction, except if agreed to in writing by the...
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Found in
CODEXIS INC contract
Good Reason. Executive resigns his employment with the Company (or any successor thereto) if and only if: (i) One of the following actions has been taken without Executive's express written consent: (1) There is a material reduction in Executive's Base Annual Salary from the Base Annual Salary in effect immediately preceding the Change of Control; (2) There is a material change in Executive's position or responsibilities (including the person or persons to whom Executive has reporting responsibilities) that...
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Good Reason. Shall be defined as provided in the Holder's Employment Agreement with the Company dated January 13, 2006, as the same may be amended from time to time, or if expired or superceded, by the then effective employment agreement between Holder and the Company.
Found in
RADIANT LOGISTICS, INC contract
Good Reason. Without the Executive's prior written consent, (i) requiring Executive to relocate his office outside of the Company's headquarters or outside of a 50-mile radius from Tampa, Florida (it being understood that Executive shall be required to travel to the extent necessary to meet the needs of the Company and its business); (ii) Executive is assigned duties which, in the aggregate, represent a material diminution in Executive's title, authority or responsibilities as described by Section 2(a) ;...
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Found in
SYNIVERSE HOLDINGS INC contract
Good Reason. (i) without the Participant's express written consent, a material reduction or alteration of the Participant's duties, position or responsibilities relative to the Participant's duties, position or responsibilities in effect immediately prior to such reduction or alteration, or the removal of the Participant from such position, duties or responsibilities; (ii) without the Participant's express written consent, a material reduction by the Company of the Participant's base salary as in effect...
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Found in
Savara Inc contract
Good Reason. (i) a Change in Control of the Company; (ii) a decrease in the total amount of Executive's Salary below the amount in effect on the date hereof; (iii) a reduction in Executive's title, a material reduction in his authority, duties or job responsibilities, a material adverse change in his working conditions (including the relocation of Executive's office more than 60 minutes of commuting time from the Company's present executive offices), without Executive's consent, as determined by Executive...
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Found in
TAURIGA SCIENCES, INC. contract
Good Reason. For resignation by the Executive means his resignation because of: (i) a reduction in the annual base salary of the Executive, a material reduction in the employee benefits granted to the Executive, or a reduction in the Executive's percentage participation in the MIC Plan prior to the approval and adoption of a New MIC Plan or a reduction in the Executive's percentage participation in any New MIC Plan from the percentage previously awarded to the Executive if and when a New MIC Plan is...
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Good Reason. For purposes of this Agreement, 'Good Reason' for termination by Executive of Executive's employment shall mean the occurrence (without Executive's express written consent) of any of the following: (i) the assignment to Executive of any duties inconsistent with Executive's status as Chief Executive Officer of the Company; any material adverse alteration in Executive's roles, titles, reporting relationship or in the nature or status of Executive's responsibilities; (ii) a reduction by the...
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Found in
VMWARE, INC. contract
Good Reason. (a) a diminution of duties, responsibilities and compensation that are materially inconsistent with Employee's current position as of the date hereof; provided, however, that: (i) a diminution in position, title or working conditions, or (ii) the Employer's failure to continue the Employee's existing authority, duties, reporting relationship and/or responsibilities resulting from the direct or indirect control of the Employer by another company, any sale or transfer of equity, property or other...
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All Definitions
Found in
RTI SURGICAL, INC. contract