Common use of “Constructive Termination” Defined Clause in Contracts

“Constructive Termination” Defined. “Constructive Termination” shall mean, the occurrence of one or more of the following events without Employee’s consent, provided that Employee first gives the Company written notice of her intention to terminate and of the grounds for such termination within ninety (90) days of the initial occurrence of such event, the Company has not cured such event within thirty (30) days of its receipt of such notice, and Employee actually terminates her employment for such reason within thirty (30) days of the Company’s failure to cure:

Appears in 3 contracts

Samples: Employment Agreement (Raptor Pharmaceutical Corp), Employment Agreement (Raptor Pharmaceutical Corp), Employment Agreement (Raptor Pharmaceutical Corp)

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“Constructive Termination” Defined. Constructive Termination" shall mean, the occurrence of one or more of the following events without Employee’s 's consent, provided that Employee first gives the Company written notice of her intention to terminate and of the grounds for such termination within ninety (90) days of the initial occurrence of such event, the Company has not cured such event within thirty (30) days of its receipt of such notice, and Employee actually terminates her employment for such reason within thirty (30) days of the Company’s 's failure to cure:

Appears in 1 contract

Samples: Employment Agreement (Raptor Pharmaceutical Corp)

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