Alteration of Duties. The Duties may be altered, amended, modified or revoked only by a writing signed by all of the parties hereto.
Alteration of Duties. If the Board of Directors of the Corporation or the Chief Executive Officer, in either of their sole discretion, takes action which substantially changes or alters Xxxxxx'x authority or duties so as to effectively prevent him from performing the duties of the Executive Vice President of Quality Assurance and Research & Development as defined in this Agreement, or requires that his office be located at and/or principal duties be performed at a location more than forty-five (45) miles from the present Corporation office located in Parsippany, New Jersey, then Xxxxxx may, at his option and upon written notice to the Board of Directors within thirty (30) days after the Board's or Chief Executive Officer's action, consider himself terminated without cause and entitled to the benefits set forth in Paragraph 7(a), unless within thirty (30) days after delivery of such notice, Xxxxxx'x duties have been restored.
Alteration of Duties. If the Board of Directors or the Chief Executive Officer of the Corporation, in either of their sole discretion, takes action which substantially changes or alters Executive’s authority or duties so as to effectively prevent him from performing the duties of the Executive Vice President of Finance and Chief Financial Officer as defined in this Agreement, or requires that his office be located at and/or principal duties be performed at a location more than forty-five (45) miles from the present Corporation office located in Parsippany, New Jersey, then Executive may, at his option and upon written notice to the Board of Directors within thirty (30) days after the Board’s or Chief Executive Officer’s action, consider himself terminated without cause and entitled to the benefits set forth in Paragraph 7(a), unless within thirty (30) days after delivery of such notice, Executive’s duties have been restored.
Alteration of Duties. If the Board of Directors of the Corporation or the Chief Executive Officer, in either of their sole discretion, takes action which substantially changes or alters Herbes’ authority or duties so as to effectively prevent him from performing the duties of the Executive Vice President of Operations as defined in this Agreement, or requires that his office be located at and/or principal duties be performed at a location more than forty-five (45) miles from the present Corporation office located in Parsippany, New Jersey, then Herbes may, at his option and upon written notice to the Board of Directors within thirty (30) days after the Board’s or Chief Executive Officer’s action, consider himself terminated without cause and entitled to the benefits set forth in Paragraph 7(a), unless within thirty (30) days after delivery of such notice, Herbes’ duties have been restored.
Alteration of Duties. The duties or the responsibilities of any position in the bargaining unit will not be substantially altered or increased without prior negotiation with the Association.
Alteration of Duties. The duties of the Escrow Agent may be altered, amended, modified or revoked only by a writing signed by all of the parties hereto.
Alteration of Duties. If the Board of Directors of the Corporation, in its sole discretion, takes action which substantially changes or alters Xxxxxx’x authority or duties so as to effectively prevent him from performing the duties of the Chief Executive Officer as defined in this Agreement, or requires that his office be located at and/or principal duties be performed at a location more than forty-five (45) miles from the present Corporation office located in Parsippany, New Jersey, then Xxxxxx may, at his option and upon written notice to the Board of Directors within thirty (30) days after the Board’s action, consider himself terminated without cause and entitled to the benefits set forth in subparagraph 7(a), unless within fifteen (15) days after delivery of such notice, Xxxxxx’x duties have been restored.
Alteration of Duties. If the Board of Directors of the Corporation, in its sole discretion, takes action which substantially changes or alters Executive’s authority or duties so as to effectively prevent Executive from performing the duties of the President and Chief Executive Officer as defined in this Agreement, or requires that his office be located at and/or principal duties be performed at a location more than forty-five (45) miles from the present corporate headquarters of the Corporation located in Parsippany, New Jersey, then Executive may, at his option and upon written notice to the Board of Directors within thirty (30) days after the Board’s action, consider Executive terminated without Cause and, subject to the Release requirement of Paragraph 8(b), become entitled to the benefits set forth in Paragraph 8(a), unless within thirty (30) days after delivery of such notice, Executive’s duties have been restored or the Corporation’s actions have otherwise been cured.
Alteration of Duties. This Escrow Agreement may be altered, amended, -------------------- modified or revoked only by a writing signed by the Escrow Agent, Parent, the Shareholder Representative and Shareholders holding a majority of the Escrow Shares.
Alteration of Duties. The duties of the Security Trustee may be altered, amended, modified or revoked only by a written document signed by all Parties including the Security Trustee.
