Resignation For Good Reason

Resignation For Good Reason. For the purposes of this Agreement, a resignation for 'Good Reason' means the resignation by Executive of his employment within ninety (90) days of the occurrence of any one or more the following events without Executive's written consent, which consent may be withheld in Executive's sole discretion: a) a reduction by the Company or a successor in Executive's Base Salary and/or Target Bonus, b) a material reduction by the Company or a successor in Executive's benefits, c) a reduction by the... Company or a successor in Executive's title and/or a material reduction in Executive's authority and/or duties, d) a change in Executive's reporting relationship such that he no longer reports directly to the President or CEO of the Company's successor; e) the requirement that Executive relocate more than thirty-five (35) miles from his then-current office location. View More