Common use of Constructive Termination of Employment Clause in Contracts

Constructive Termination of Employment. “Constructive Termination” shall mean and exist if, without the Employee’s prior written consent, one or more of the following events occurs and the Employee shall elect to terminate the Employee’s employment with the Company:

Appears in 5 contracts

Samples: Change in Control Agreement (Qad Inc), Change in Control Agreement (Qad Inc), Change in Control Agreement (Qad Inc)

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Constructive Termination of Employment. For purposes of this Agreement, "Constructive Termination" shall mean and exist if, without the Employee’s 's prior written consent, one or more of the following events occurs and the Employee shall elect to terminate the Employee’s 's employment with the CompanyCompany including, but not limited to, a request by the Company to accept a position below the level currently held by the Employee at the time of a Change in Control:

Appears in 1 contract

Samples: Employee Retention Agreement (Qad Inc)

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