Common use of Definition of “Constructive Termination Clause in Contracts

Definition of “Constructive Termination. A "Constructive Termination" -------------------------------------- shall be deemed to occur if without Employee's express written consent (a) either (i) there is a material adverse change in Employee's position, title, stature, duties or responsibilities which remains uncorrected for thirty (30) days or more following Employee's written notice to the Company, or (ii) a reduction of Employee's Base Salary and (b) within 90 days of the occurrence of any event listed in clause (a), Employee provides the Company written notice that Employee is electing to terminate his employment with the Company.

Definition of “Constructive Termination. A "Constructive Termination" -------------------------------------- shall be deemed to occur if without Employee's express written consent (a) either (i) there is a material adverse change in Employee's position, title, stature, duties or responsibilities which remains uncorrected for thirty (30) days or more following Employee's written notice to the Company, or (ii) a reduction of Employee's Base Salary and (b) within 90 days of the occurrence of any event listed in clause (a), Employee provides the Company written notice that Employee is electing to terminate his her employment with the Company.

Definition of “Constructive Termination. A "Constructive Termination" -------------------------------------- shall be deemed to occur if without Employee's express written consent (ai) either (i1) there is a material adverse change in Employee's position, title, stature, duties or responsibilities which remains uncorrected for thirty (30) days or more following Employee's written notice to the Company, or (ii2) a reduction of Employee's Base Salary and (bii) within 90 30 days of the occurrence of any event listed in clause (ai), Employee provides the Company written notice that Employee is electing to terminate his her employment with the Company.

Definition of “Constructive Termination. A "Constructive Termination" -------------------------------------- shall be deemed to occur if without Employee's express written consent (a) either (i) there is a material adverse change in Employee's position, title, stature, duties or responsibilities which remains uncorrected for thirty (30) days or more following Employee's written notice to the Company, or (ii) a reduction of Employee's Base Salary and (b) within 90 days of the occurrence of any event listed in clause (a), Employee provides the Company written notice that Employee is electing to terminate his employment with the Company.