DEFINITION OF "FOR GOOD REASON. For purposes of Section 6, the phrase “for good reason” means: (a) the Employer’s material breach of this Agreement; or (b) a material reduction in Executive’s position, duties and responsibilities from those described in Section 2.3 of this Agreement.
Appears in 8 contracts
Samples: Employment Agreement (Security With Advanced Technology, Inc.), Employment Agreement (A4s Technologies Inc), Employment Agreement (A4s Technologies Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “"for good reason” means" means any of the following: (a) the The Employer’s 's material breach of this Agreement; or (b) the assignment of the Executive without his consent to a material reduction in Executive’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreementa materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date.
Appears in 3 contracts
Samples: Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Integrated Communication Networks Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “"for good reason” means" means any of the following: (a) the Employer’s 's material breach of this Agreement; or (b) the assignment of the Executive without his consent to a material reduction in Executive’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreementa materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date.
Appears in 3 contracts
Samples: Employment Agreement (Firstcity Financial Corp), Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Firstcity Financial Corp)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “for good reason” meansmeans any of the following: (a) the The Employer’s material breach Section 2.4, 3.1 or 3.2 or of this Agreement; or (b) the assignment of the Employee without the Employee’s consent to a material reduction in Executiveposition, responsibilities, or duties of a materially lesser status or degree of responsibility than the Employee’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreementat the Effective Date.
Appears in 2 contracts
Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 6section 6.1, the phrase “"for good reason” means" means any of the following: (a) the The Employer’s 's material breach of this Agreement; or (b) the assignment of the Executive without his consent to a material reduction in Executive’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreementa materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date.
Appears in 2 contracts
Samples: Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Integrated Communication Networks Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “"for good reason” means" means any of the following: (a) the The Employer’s 's material breach Section 2.4, 3.1 or 3.2 or of this AgreementAgreement or its obligations under the Stockholder's Agreement for the benefit of Executive; or (b) the assignment of the Executive without the Executive's consent to a material reduction in Executive’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreementa materially lesser status or degree of responsibility than the Executive's position, responsibilities, or duties at the Effective Date.
Appears in 2 contracts
Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “for good reason” meansmeans any of the following: (a) the Employer’s material breach of this Agreement; or (b) the assignment of Executive without his consent to a material position, responsibilities, or duties of a materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date or a reduction in Executive’s position, duties and responsibilities from those described in Section 2.3 of this AgreementSalary or Incentive Compensation.
Appears in 2 contracts
Samples: Employment Agreement (Semco Energy Inc), Employment Agreement (Semco Energy Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 6------------------------------ 6.1, the phrase “"for good reason” means" means any of the following: (a) the The Employer’s 's material breach Section 2.4, 3.1 or 3.2 or of this AgreementAgreement or its obligations under the Stockholder's Agreement for the benefit of Executive; or (b) the assignment of the Executive without the Executive's consent to a material reduction in Executive’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreementa materially lesser status or degree of responsibility than the Executive's position, responsibilities, or duties at the Effective Date.
Appears in 1 contract
Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “"for good reason” means" means any of the following: (a) the The Employer’s 's material breach Section 2.4, 3.1 or 3.2 or of this AgreementAgreement or its obligations under the Stockholder's Agreement for the benefit of Executive; or (b) a material reduction in the assignment of the Executive without the Executive’s position, duties and responsibilities from those described in Section 2.3 of this Agreement.'s consent
Appears in 1 contract
Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 66.1, the phrase “for good reason” meansmeans any of the following: (a) the The Employer’s material breach Section 2.4, 3.1 or 3.2 or of this Agreement; or (b) the assignment of the Executive without the Executive’s consent to a material reduction in position, responsibilities, or duties of a materially lesser status or degree of responsibility than the Executive’s position, responsibilities, or duties and responsibilities from those described in Section 2.3 of this Agreement.at the Effective Date; or
Appears in 1 contract
Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc)
DEFINITION OF "FOR GOOD REASON. For purposes of Section 65.1, the phrase “"for good reason” means" means any of the following: (a) the The Employer’s 's material breach of this Agreement; or (b) the assignment of the Executive without his consent to a material reduction in Executive’s position, responsibilities, or duties and responsibilities from those described of a materially lesser status or degree of responsibility than his position, responsibilities, or duties at the Effective Date; or (c) a Change in Section 2.3 Control of this Agreementthe Employer.
Appears in 1 contract
Samples: Employment Agreement (Innovative Software Technologies Inc)