For Good Reason definition

For Good Reason as defined in Section 6.4.

For Good Reason shall have the meaning set forth in Section 6.4.

For Good Reason as defined in Section 5.4.

Examples of For Good Reason in a sentence

• Termination Without Cause or For Good Reason (Other Than in Connection with a Change in Control).

• Effect of Termination of Employment by the Company Without Cause or by the Grantee For Good Reason on Exercisability of Options.

• Represents the estimated value of 164,762 unvested RSUs held by Mr. Keating, which, in the case of “Death or Disability,” would become fully vested upon termination due to death or Disability, and in the case of “Termination Not For Cause or For Good Reason Within Two Years of Change in Control,” would become fully vested on the date that the Release becomes effective.

• In the case of “Termination Not For Cause or For Good Reason Following Modified Change in Control,” represents the estimated value of 328,061 unearned and unvested Special PSUs held by Mr. Keating, which would become fully vested at a target award level upon termination following a Modified Change in Control but prior to May 18, 2024.

• In the case of “Termination Not For Cause,” “Termination For Good Reason,” and “Termination Not For Cause or For Good Reason Following Modified Change in Control,” represents the short-term annual incentive payout actually earned by Mr. Keating for fiscal 2021 under the AIP, which would be paid at the same time as annual bonuses are paid to other senior executives of the Company.

More Definitions of For Good Reason

For Good Reason means any voluntary termination by written resignation of the Active Status of a Participant 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 materially inconsistent with the Partner’s role at the Company (including its Subsidiaries) prior to the Change of Control, (3) a material 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; or (5) the relocation of the Partner’s primary work location more than 50 miles from the Partner’s primary work location prior to the Change of Control. Notwithstanding the foregoing, a Participant shall not be deemed to have Resigned for Good Reason unless the Participant, within one year after a Change of Control, (i) notifies the Company of the existence of the condition giving rise to a Resignation for Good Reason within 90 days of the initial existence of such condition, (ii) gives the Company at least 30 days following the date on which the Company receives such notice (and prior to termination) in which to remedy the condition, and (iii) if the Company does not remedy such condition within such 30-day period, actually terminates employment within 60 days after the expiration of such 30-day period (and before the Company remedies such condition). If the Company remedies such condition within such 30-day period (or at any time prior to the Participant’s actual termination), then any Resignation for Good Reason by the Participant on account of such condition will not be a Resignation for Good Reason.

For Good Reason means the Grantee’s termination of employment with the Company as a result of the initial occurrence, without the Grantee’s consent, of one or more of the following events:

For Good Reason means: (a) the Employer’s material breach of this Agreement; or (b) a material reduction in Executive’s position, duties and responsibilities from those described in Section 2.3 of this Agreement.

For Good Reason means:

For Good Reason. For purposes of this Agreement, the phrase "for good reason" and variations of it shall mean because of:

For Good Reason means (A) any reduction in duties, responsibility, position or compensation; (B) relocation of the Employee from the Atlanta, Georgia area or the Dallas, Texas area; (C) Employer’s material breach of this Agreement; or (D) Employer’s refusal or failure to establish and follow lawful policies and practices.

For Good Reason shall have the following meaning: