Involuntary Termination Definition Example with 14 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. Means: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the Executive's... overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) a material reduction in the Executive's titles, duties, responsibilities, or authority; provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days to cure any curable violation. View More Arrow

Variations

Involuntary Termination. Means: means: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) (iv) a material reduction in the Executive's titles, duties, responsibilities, responsibilities or authority; -5- provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) (iv) a material reduction in the Executive's titles, duties, responsibilities, responsibilities or authority; -5- provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his the Executive's employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) (iv) a material reduction in the Executive's titles, duties, responsibilities, or authority; -5- provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's Employee's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's Employee's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the... result that the Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) (iv) a material reduction in the Executive's titles, Employee's duties, responsibilities, responsibilities or authority; -5- provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive Employee has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive Employee has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's Employee's belief that the Executive Employee should be permitted to terminate his her employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) -5- (iv) a material reduction in the Executive's titles, duties, responsibilities, or authority; provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; -5- (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) (iv) a material reduction in the Executive's titles, duties, responsibilities, responsibilities or authority; provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his her employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's Employee's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's Employee's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive Employee is entitled immediately prior to such reduction... with the result that the Executive's Employee's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) a material reduction in the Executive's Employee's titles, duties, responsibilities, or authority; provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive Employee has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive Employee has delivered to the Company a written explanation which describes the basis for the Executive's Employee's belief that the Executive Employee should be permitted to terminate his her employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days to cure any curable violation. View More Arrow
Involuntary Termination. Means: shall mean: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) 30 days following notice thereof; or (v) a material reduction in the Executive's titles, duties, responsibilities, responsibilities or authority; provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days to cure any curable violation. View More Arrow
Involuntary Termination. Means: shall mean: (i) termination of the Executive's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the result that the... Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) 30 days following notice thereof; or (v) a material reduction in the Executive's titles, duties, responsibilities, or authority; provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive has delivered to the Company a written explanation which describes the basis for the Executive's belief that the Executive should be permitted to terminate his employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days to cure any curable violation. View More Arrow
Involuntary Termination. Means: means: (i) termination of the Executive's Employee's employment by the Company for any reason other than Cause; (ii) a material reduction in the Executive's Employee's salary, other than any such reduction which is part of, and generally consistent with, a general reduction of officer salaries; (iii) a material reduction by the Company in the kind or level of employee benefits (other than salary and bonus) to which the Executive is entitled immediately prior to such reduction with the... result that the Executive's overall benefits package (other than salary and bonus) is substantially reduced (other than any such reduction applicable to officers of the Company generally); (iv) any material breach by the Company of any material provision of this Agreement which continues uncured for thirty (30) days following notice thereof; or (v) (iv) a material reduction in the Executive's titles, Employee's duties, responsibilities, responsibilities or authority; -5- provided that none of the foregoing shall constitute Involuntary Termination to the extent the Executive Employee has agreed thereto. Any purported Involuntary Termination pursuant to Section 6(d)(ii) through 6(d)(v) will not be effective until the Executive Employee has delivered to the Company Company, within sixty (60) days of the initial existence of the Involuntary Termination condition, a written explanation which describes the basis for the Executive's Employee's belief that the Executive Employee should be permitted to terminate his her employment and have it treated as an Involuntary Termination and the Company has been given thirty (30) days following delivery of such notice to cure any curable violation. View More Arrow
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