RESIGNATION (OR RESIGN) FOR GOOD REASON

RESIGNATION (OR RESIGN) FOR GOOD REASON. (bb) "RESIGNATION (OR RESIGN) FOR GOOD REASON" shall mean any voluntary termination by written resignation of the Active Status of any Partner after a Change of Control because of: (1) a material reduction in the Partner's authority, responsibilities or scope of employment; (2) an assignment of duties to the Partner inconsistent with the Partner's role at the Company or Subsidiary prior to the Change of Control; (3) a reduction in the Partner's base salary or total incentive compensation; (4) a... material reduction in the Partner's benefits unless such reduction applies to all Partners of comparable rank; and (5) the relocation of the Partner's primary work location more than fifty (50) miles from the Partner's primary work location prior to the Change of Control; provided that the Partner's written notice of voluntary resignation must be tendered within one (1) year of the Change of Control, and shall specify which of the events described in clauses (1) through (5) above resulted in the resignation. View More