Common use of Additional Provisions for Termination for Good Reason Clause in Contracts

Additional Provisions for Termination for Good Reason. Executive is entitled to terminate Executive’s employment for Good Reason only if: (i) one or more of the conditions constituting Good Reason occurs without Executive’s written consent; (ii) Executive provides notice to the Company of the existence of a condition constituting Good Reason within 90 days of the initial occurrence of such condition; (iii) the Company fails to remedy such condition constituting Good Reason within 30 days of being provided notice of such condition by Executive; and (iv) Executive voluntarily terminates Executive’s employment within six months of the initial occurrence of such condition constituting Good Reason.

Appears in 3 contracts

Samples: Change in Control Agreement (Lawson Products Inc/New/De/), Change in Control Agreement (Lawson Products Inc/New/De/), Change in Control Agreement (Lawson Products Inc/New/De/)

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Additional Provisions for Termination for Good Reason. Executive is entitled to terminate Executive’s employment for Good Reason only if: : (i) one or more of the conditions constituting Good Reason occurs without Executive’s written consent; ; (ii) Executive provides notice to the Company of the existence of a condition constituting Good Reason within 90 15 days of the initial occurrence of such condition; ; (iii) the Company fails to remedy such condition constituting Good Reason within 30 days of being provided notice of such condition by Executive; and (iv) Executive voluntarily terminates Executive’s employment within six months of the initial occurrence of such condition constituting Good Reason.

Appears in 2 contracts

Samples: Change in Control Agreement (Lawson Products Inc/New/De/), Change in Control Agreement (Lawson Products Inc/New/De/)

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Additional Provisions for Termination for Good Reason. Executive is entitled to terminate Executive’s employment for Good Reason only if: (i) one or more of the conditions constituting Good Reason occurs without Executive’s written consent; (ii) Executive provides notice to the Company of the existence of a condition constituting Good Reason within 90 15 days of the initial occurrence of such condition; (iii) the Company fails to remedy such condition constituting Good Reason within 30 days of being provided notice of such condition by Executive; and (iv) Executive voluntarily terminates Executive’s employment within six months 15 days of the initial occurrence expiration of such condition constituting Good Reasonthe remedy period specified in clause (iii).

Appears in 1 contract

Samples: Change in Control Agreement (Lawson Products Inc/New/De/)

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