Involuntary Termination Definition Example

Involuntary Termination. Shall mean (i) without Employee's express written consent, a significant reduction of Employee's duties, position or responsibilities relative to Employee's duties, position or responsibilities in effect immediately prior to such reduction, or the removal of Employee from such position, duties and responsibilities; (ii) without Employee's express written consent, a material reduction by the Company of Employee's base salary as in effect immediately prior to such reduction; (iii) without... 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 Employee is entitled immediately prior to such reduction which results in a material adverse change to Employee's employment relationship; (iv) without Employee's express written consent, the relocation of 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; (v) any purported termination of Employee by the Company which is not effected for Cause; or (vi) a material breach of this Agreement by the Company, including, but not limited to the failure of the Company to obtain the assumption of this Agreement by any successors contemplated in Section 7. View More