Involuntary Termination Definition Example with 12 Variations
This page contains an example definition of Involuntary Termination, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Involuntary Termination. Shall mean (i) without the Employee's express written consent, a significant reduction of the Employee's duties, position or responsibilities relative to the Employee's duties, position or responsibilities in effect immediately prior to such reduction, or the removal of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial... reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company of the Employee's base salary as in effect immediately prior to such reduction; (iv) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction, with the result that the Employee's overall benefits package is significantly reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) miles from the Employee's current work location; (vi) any purported termination of the Employee's employment by the Company which is not effected for Cause or for which the grounds relied upon are not valid; or (vii) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below.View More
Involuntary Termination. Shall "Involuntary Termination" shall mean (i) without the Employee's express written consent, a the significant reduction of the Employee's duties, position duties authority or responsibilities relative to the Employee's duties, position authority or responsibilities as in effect immediately prior to such reduction, or the removal assignment to Employee of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable reduced duties, authority or ... class="diff-color-red">greater duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company in the base salary of the Employee's base salary Employee as in effect immediately prior to such reduction; (iv) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits benefits, including bonuses, to which the Employee is was entitled immediately prior to such reduction, reduction with the result that the Employee's overall benefits package is significantly reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) twenty-five (25) miles from the Employee's current work location; then present location, without the Employee's express written consent; (vi) any purported termination of the Employee's employment Employee by the Company which is not effected for Cause Disability or for Cause, or any purported termination for which the grounds relied upon are not valid; or (vii) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. 7(a) below; or (viii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee. View More
Involuntary Termination. Shall shall mean (i) without the Employee's express written consent, a the significant reduction of the Employee's duties, position duties authority or responsibilities relative to the Employee's duties, position authority or responsibilities as in effect immediately prior to such reduction, or the removal assignment to Employee of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable reduced duties, authority or greater duties, position... and responsibilities; (ii) without the Employee's express written consent, a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company in the base salary of the Employee's base salary Employee as in effect immediately prior to such reduction; (iv) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits benefits, including bonuses, to which the Employee is was entitled immediately prior to such reduction, reduction with the result that the Employee's overall benefits package is significantly reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) twenty-five (25) miles from the Employee's current work location; then present location, without the Employee's express written consent; (vi) any purported termination of the Employee's employment Employee by the Company which is not effected for Cause Disability or for Cause, or any purported termination for which the grounds relied upon are not valid; or (vii) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. 7(a) below; or (viii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee. View More
Involuntary Termination. Shall "Involuntary Termination" shall mean (i) without the Employee's express written consent, a the significant reduction of the Employee's duties, position authority or responsibilities relative to the Employee's duties, position authority or responsibilities as in effect immediately prior to such reduction, or the removal assignment to Employee of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable reduced duties, authority or greater... duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company in the base salary of the Employee's base salary Employee as in effect immediately prior to such reduction; (iv) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits benefits, including bonuses, to which the Employee is was entitled immediately prior to such reduction, reduction with the result that the Employee's overall benefits package is significantly reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) twenty-five (25) miles from the Employee's current work location; then present location, without the Employee's express written consent; (vi) any purported termination of the Employee's employment Employee by the Company which is not effected for Cause Disability or for Cause, or any purported termination for which the grounds relied upon are not valid; or (vii) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. 9(a) below; or (viii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee. For avoidance of doubt, the transfer of the Employee's employment to a successor described in Section 9(a) that assumes 5this Agreement, will not by itself constitute any Involuntary Termination. Further for avoidance of doubt, the recovery of compensation pursuant to the Company's clawback policy will not be deemed to be an Involuntary Termination. View More
Involuntary Termination. Shall shall mean the Company's termination of Employee's employment or the Employee's resignation from the Company, as applicable, in either case upon or within 3 months after the occurrence of any of the following events: (i) without the Employee's express written consent, a significant the material reduction of the Employee's duties, position authority, responsibilities or responsibilities reporting relationships relative to the Employee's duties, position authority, responsibilities, job... title, or responsibilities reporting relationships as in effect immediately prior to such reduction, or the removal of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available assignment to the Employee immediately prior to of such reduction; (iii) without the Employee's express written consent, materially reduced duties, authority, responsibilities or reporting relationships; (ii) a material reduction by the Company in the base salary of the Employee's base salary Employee as in effect immediately prior to such reduction; (iv) without (iii) the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction, with the result that the Employee's overall benefits package is significantly reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) miles from the Employee's current work location; (vi) any purported termination of then present location, without the Employee's employment express written consent; (iv) the material breach of this Agreement by the Company Company, which is not effected for Cause or for which the grounds relied upon are not valid; or (vii) shall include the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. 7(a) below and (v) any termination of the Employee by the Company which is not effected for Disability or for Cause, or any actual or purported termination effected by the Company for Disability or for Cause for which the grounds relied upon are not valid. For purposes of clause (i) of the immediately preceding sentence, the Employee's responsibilities shall be deemed to be materially reduced if the Employee is no longer an executive officer (in the case of current executive officers) or on the executive officer management staff (in the case of current E-Staff) of such ultimate parent entity. Notwithstanding the foregoing, an Involuntary Termination only shall be deemed to have occurred upon the Employee's resignation from the Company pursuant to clauses (i) through (iv) if (x) the Employee provides notice to the Company within ninety (90) days after the initial occurrence of the event forming the basis for the resignation, (y) the Company fails to substantially cure the event within thirty (30) days after receiving notice and (z) the Employee terminates his or her employment within sixty (60) days after the conclusion of such cure period. View More
Involuntary Termination. Shall shall mean the Company's termination of Employee's employment or the Employee's resignation from the Company, as applicable, in either case upon or within 3 months after the occurrence of any of the following events: (i) without the Employee's express written consent, a significant the material reduction of the Employee's duties, position authority, responsibilities, job title or responsibilities reporting relationships relative to the Employee's duties, position authority,... responsibilities, job title, or responsibilities reporting relationships as in effect immediately prior to such reduction, or the removal of assignment to the Employee from of such position, duties and reduced duties, authority, responsibilities, unless the Employee is provided with comparable job title, or greater duties, position and responsibilities; reporting relationships; (ii) without the Employee's express written consent, a substantial material reduction, without good business reasons, of the facilities and perquisites (including office space space, secretarial support, other support staff, and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a material reduction by the Company in the base salary of the Employee's base salary Employee as in effect immediately prior to such reduction; (iv) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits benefits, including bonuses, to which the Employee is was entitled immediately prior to such reduction, reduction with the result that the Employee's overall benefits package is significantly materially reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) twenty-five (25) miles from the Employee's current work location; then present location, without the Employee's express written consent; (vi) any purported termination of the Employee's employment Employee by the Company which is not effected for Disability or for Cause, or any actual or purported termination effected by the Company for Disability or for Cause or for which the grounds relied upon are not valid; or (vii) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. 7(a) below; or (viii) any act or set of facts or circumstances which would, under California case law or statute, constitute a constructive termination of the Employee. For purposes of clause (i) of the immediately preceding sentence, the Employee's responsibilities shall be deemed to be materially reduced if the Employee is no longer an executive officer (in the case of current executive officers) or on the executive officer management staff (in the case of current E-Staff) of such ultimate parent entity. Notwithstanding the foregoing, an Involuntary Termination only shall be deemed to have occurred upon the Employee's resignation from the Company if (i) the Employee provides notice to the Company within ninety (90) days after the initial occurrence of the event forming the basis for the resignation and (ii) the Company fails to substantially cure the event within thirty (30) days after receiving notice. View More
Involuntary Termination. Shall shall mean (i) without the Employee's express written consent, a significant reduction of the Employee's duties, position or responsibilities relative to the Employee's duties, position or responsibilities in effect immediately prior to such reduction, or the removal of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent, a ... class="diff-color-red">substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a material reduction by the Company of the Employee's base salary as in effect immediately prior to such reduction; (iv) (iii) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits (including cash and stock bonus plans) to which the Employee is entitled immediately prior to such reduction, with the result that the reduction which results in a material adverse change to Employee's overall benefits package is significantly reduced; (v) employment relationship; (iv) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location that results in an increase in Employee's one-way commute from Employee's residence immediately prior to such relocation by more than fifty (50) miles from the Employee's current work location; (vi) miles; (v) any purported termination of the Employee's employment Employee by the Company which is not effected for Cause Cause; or for which (vi) a material breach of this Agreement by the grounds relied upon are Company, including, but not valid; or (vii) limited to the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. 7. View More
Involuntary Termination. Shall shall mean (i) without the Employee's express written consent, a significant material reduction of the Employee's duties, position or responsibilities relative to the Employee's duties, position or responsibilities in effect immediately prior to such reduction, or the removal of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent,... a substantial reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a material reduction by the Company of the Employee's base salary as in effect immediately prior to such reduction; (iv) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction, with the result that the Employee's overall benefits package is significantly reduced; (v) (iii) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) miles from the Employee's current work location; (vi) (iv) any purported termination of the Employee's employment by the Company which is not effected for Cause or for which the grounds relied upon are not valid; or (vii) (v) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. In order to be considered an Involuntary Termination with regards to parts (i)-(iii) and (v) of this Section 1(c), (1) the Employee's termination from employment must have occurred within six (6) months following the initial existence of the condition giving rise to the Involuntary Termination, (2) within thirty (30) days following the initial existence of the condition giving rise to the Involuntary Termination, the Employee must have provided the Company with notice of the existence of such condition pursuant to Section 8(b), and (3) upon receipt of the notice of the condition from Employee, the Company failed to cure the condition within thirty (30) days. View More
Involuntary Termination. Shall mean (i) without the Employee's express written consent, a significant reduction of the Employee's duties, position or responsibilities relative to the Employee's duties, position or responsibilities in effect immediately prior to such reduction, or the removal of the Employee from such position, duties and responsibilities, unless the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial... reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company of the Employee's base salary as in effect immediately prior to such reduction; (iv) (ii) without the Employee's express written consent, a material reduction by the Company in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction, with the result that the Employee's overall benefits package is significantly reduced; (v) (iii) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) miles from the Employee's current work location; (vi) (iv) any purported termination of the Employee's employment by the Company which is not effected for Cause or for which the grounds relied upon are not valid; or (vii) (v) the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 6 below. View More
Involuntary Termination. Shall shall mean (i) without the Employee's express written consent, a significant the assignment to the Employee of any duties or the reduction of the Employee's duties, either of which results in a significant diminution in the Employee's position or responsibilities relative to with the Employee's duties, position or responsibilities Corporation in effect immediately prior to such reduction, assignment, or the removal of the Employee from such position, duties and responsibilities, unless... the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial reduction, without good business reasons, reduction of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company Corporation in the Base Compensation of the Employee's base salary Employee as in effect immediately prior to such reduction; reduction, other than a uniform reduction applicable to all executives generally; (iv) without the Employee's express written consent, a material reduction by the Company Corporation in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction, reduction with the result that the Employee's overall benefits package is significantly reduced; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) 50 miles from the Employee's current work location; then present location, without the Employee's express written consent; (vi) any purported termination of the Employee's employment Employee by the Company Corporation which is not effected for Cause Disability or for which the grounds relied upon are not valid; Cause; or (vii) the failure of the Company Corporation to obtain the assumption of this Agreement agreement by any successors contemplated in Section 6 7 below. View More
Involuntary Termination. Shall mean (i) shall mean, without the Employee's express written consent, a significant consent: (i) the assignment to the Employee of any duties or the reduction of the Employee's duties, either of which results in a significant diminution in the Employee's position or responsibilities relative to with the Employee's duties, position or responsibilities Corporation in effect immediately prior to such reduction, assignment, or the removal of the Employee from such position, duties and... responsibilities, unless the Employee is provided with comparable or greater duties, position and responsibilities; (ii) without the Employee's express written consent, a substantial reduction, without good business reasons, reduction of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) without the Employee's express written consent, a reduction by the Company Corporation in the Base Compensation of the Employee's base salary Employee as in effect immediately prior to such reduction; reduction, other than a uniform reduction applicable to all executives generally; (iv) without the Employee's express written consent, a material reduction by the Company Corporation in the kind or level of employee benefits to which the Employee is entitled immediately prior to such reduction, reduction with the result that the Employee's overall benefits package is significantly reduced; reduced, other than a uniform reduction applicable to all executives generally; (v) without the Employee's express written consent, the imposition of a requirement for the relocation of the Employee to a facility or a location more than fifty (50) miles from the Employee's current work then present location; (vi) any purported termination of the Employee's employment Employee by the Company Corporation which is not effected for Cause Disability or for which the grounds relied upon are not valid; Cause; or (vii) the failure of the Company Corporation to obtain the assumption of this Agreement agreement by any successors contemplated in Section 6 7 below. View More