Good Reason
Good Reason. Means the occurrence of any of the following events without the Executive's prior written consent, unless within 30 days after the Executive gives written notice of such event, the Company cures any such event: (i) the Company's material breach of this Agreement; (ii) a material diminution in the Executive's responsibilities or authorities, or a material adverse change in his position or title; (iii) a material reduction in the Executive's Base Salary, or Target Bonus that is in violation of...
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Found in
SPRINT Corp contract
Good Reason. Means, without the Executive's express consent: (i) a material diminution in the Executive's authority, duties, or responsibilities (other than any such diminution resulting from the Executive's incapacity due to physical or mental illness) excluding for this purpose an isolated, insubstantial or inadvertent action not taken in bad faith and which is remedied by the Company promptly after receipt of notice thereof given by the Executive; (ii) a material reduction in the Executive's Annual Base...
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Found in
National Oilwell Varco Inc. contract
Good Reason. The term 'Good Reason' shall mean any action by the Company which results in: (i) A material diminution of Executive's position or Executive's authority, duties or responsibilities; (ii) Any reduction in Executive's annual base salary; or (iii) A change by the Company in the location at which Executive performs his principal duties for the Company to a new location that is outside a radius of 50 miles from Executive's principal residence and outside a radius of 50 miles from the location at...
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Found in
Eloxx Pharmaceuticals, Inc. contract
Good Reason. The occurrence of any one or more of the following events: (i) the Company or its successor relocates Executive's principal place of employment by more than one hundred (100) miles; (ii) a reduction in Executive's base salary by 25% or more from the base salary in effect on the date of this Agreement; or (iii) Executive's position and duties are materially and adversely changed, resulting in a position of materially less responsibility, and Executive's title does not include "vice president" or...
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Found in
National Instruments Corp contract
Good Reason. After any Change in Control, any one of the following acts by the Company, or failures by the Company to act, if You notify the Company that such act or failure to act has occurred within 90 days of the initial occurrence of such act or failure to act, and if such act or failure to act is not corrected within 30 days after You so notify the Company: (i)the assignment to You of any duties materially inconsistent with Your position as an employee of the Company, or a material adverse alteration...
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Found in
Barnes Group Inc. contract
Good Reason. The same meaning defined in the Employment Agreement
Found in
Destination Maternity Corp contract
Good Reason. (i) a reduction by the Bank or the Holding Company in the employee's Pay, as in effect immediately prior to a Change of Control, or (ii) the failure of the Bank or Holding Company to maintain the employee's principal place of employment within 50 miles, as in effect immediately prior to a Change of Control.
Found in
FLUSHING FINANCIAL CORP contract
Good Reason. What the term is expressly defined to mean in a then-effective written agreement (including, but not limited to the Employment Agreement) between Grantee and the Company or any Affiliate or, in the absence of any such then-effective agreement or definition, means any of the following: (a) a material and adverse change in Grantee's duties, title or position, provided, however, that a change in the Company's status as a publicly held corporation filing reports with the Securities and Exchange...
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Found in
INSIGNIA SYSTEMS INC contract
Good Reason. For purposes of this agreement, "Good Reason" shall mean the Executive's resignation as a result of a material reduction in the Executive's responsibilities from those set forth in this Agreement; provided, however, that no such event shall constitute Good Reason unless (A) the Executive first gives the Company written notice of his intention to resign his employment for Good Reason and the grounds for such resignation, (B) such grounds for resignation (if susceptible to correction) are not...
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Found in
IMAX CORP contract
Good Reason. The Optionee voluntarily terminating his or her employment, following a Change in Control, after the occurrence of any of the following circumstances (in each case, after notice by the Optionee to employer of the circumstance, and failure by the employer to cure and eliminate such circumstance within 15 calendar days of such notice: (i) a requirement that the Optionee work principally from a location that is more than fifty (50) miles from his or her principal place of employment immediately...
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All Definitions
Found in
Orthofix Medical Inc. contract