Common use of Adequate Justification Clause in Contracts

Adequate Justification. The occurrence after a Change in Control of any of the following events or conditions: (i) a material failure of the Employer to comply with the terms of this Agreement; (ii) any relocation of the Executive outside the Territory, as amended from time to time, that is not approved by the Board of Directors; or (iii) other than as provided for herein, any substantial diminution in the Executive's authority or the Executive's responsibilities that is not approved by the Board of Directors.

Appears in 5 contracts

Samples: Employment Agreement (First Community Banking Services Inc), Employment Agreement (First Community Banking Services Inc), Employment Agreement (First Community Banking Services Inc)

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