By the Officer. The Officer may terminate the Officer’s employment hereunder for “Good Reason” with 180 days notice. For purposes of this Agreement, “Good Reason” shall mean (i) the Company’s failure to perform or observe any material terms or provisions of this Agreement, and the continued failure of the Company to cure such default within thirty (30) days after written demand for performances has been given to the Company by the Executive, which demand shall describe specifically the nature of the alleged failure to perform or observe such material terms or provisions; or (ii) a material reduction in the scope of the Officer’s responsibilities and duties. The termination notice will be 180 days.
By the Officer. The Officer may terminate his employment (and the Term) hereunder if any of the following, occur without the Officer’s consent:
(i) a material diminution in the nature or scope of the Officer’s duties, authority or responsibilities;
(ii) a reduction in the Base Salary as set forth in Section 5(a) hereof;
(iii) the Company requiring the Officer to be based as a location in excess of fifty (50) miles from the location of the Subsidiary’s principal executive offices in Warsaw, Poland as of the effective date of this Agreement; or
By the Officer. The Officer may terminate the Officer’s employment hereunder for “Good Reason.” For purposes of this Agreement, “
By the Officer. The Officer may terminate the Employment at any time with a three-month prior written notice to the Company or by payment of three months’ salary in lieu of notice. In addition, the Officer may resign prior to the expiration of the Agreement if such resignation or an alternative arrangement with respect to the Employment is approved by the Board.
