Common use of Definition of Good Reason Other Than Upon Change of Control Clause in Contracts

Definition of Good Reason Other Than Upon Change of Control. For purposes of this Agreement, other than in the event of a Change of Control, “Good Reason” will mean any of the following to which the Employee will not consent in writing: (i) a material reduction of the Employee’s then current Base Salary; (ii) failure by the Company to pay in full on a current basis (A) any of the compensation or benefits described in this Agreement that are due and owing, or (B) any amounts due and owing to the Employee under any long-term or short-term or other incentive compensation plans, agreements or awards; (iii) material breach of any provision of this Agreement by Company; (iv) any material reduction in the Employee’s title, authority or responsibilities as set forth in this Agreement; or (v) a relocation of the Employee’s primary place of employment to a location more than fifty (50) miles from the Company’s future office location in Houston, Texas.

Definition of Good Reason Other Than Upon Change of Control. For purposes of this Agreement, other than in the event of a Change of Control, “Good Reason” will mean any of the following to which the Employee will not consent in writing: (i) a material reduction of the Employee’s then current Base Salary; (ii) failure by the Company to pay in full on a current basis (A) any of the compensation or benefits described in this Agreement that are due and owing, or (B) any amounts due and owing to the Employee under any long-term or short-term or other incentive compensation plans, agreements or awards; (iii) material breach of any provision of this Agreement by Company; (iv) any material reduction in the Employee’s title, authority or responsibilities as set forth in this Agreement; or (v) a relocation of the Employee’s primary place of employment to a location more than fifty (50) miles from the Company’s future office location in Houston, TexasTexas at the Effective Date.

Definition of Good Reason Other Than Upon Change of Control. For purposes of this Agreement, other than in the event of a Change of Control, “"Good Reason” " will mean any of the following to which the Employee will not consent in writing: (i) a material reduction of in the Employee’s then current Base Salary; (ii) failure by the Company to pay in full on a current basis (A) any of the compensation or benefits described in this Agreement that are due and owing, or (B) any amounts due and owing to the Employee under any long-term or short-term or other incentive compensation plans, agreements or awards; (iii) material breach of any provision of this Agreement by Company; (iv) any material reduction in the Employee’s title, authority or responsibilities as set forth in this AgreementExecutive Vice President and Chief Financial Officer; or (v) a relocation of the Employee’s primary place of employment to a location more than fifty (50) miles from the Company’s future office location in Houston, TexasTexas at the Effective Date.

Definition of Good Reason Other Than Upon Change of Control. For purposes of this Agreement, other than in the event of a Change of Control, “Good Reason” will mean any of the following to which the Employee will not consent in writing: (i) a material reduction of in the Employee’s then current Base Salary; (ii) failure by the Company to pay in full on a current basis (A) any of the compensation or benefits described in this Agreement that are due and owing, or (B) any amounts that are due and owing to the Employee under any long-term or short-term or other incentive compensation plans, agreements or awards; (iii) material breach of any provision of this Agreement by Company; (iv) any material reduction in the Employee’s title, authority or responsibilities as set forth in this AgreementChairman of the Board and Chief Executive Officer; or (v) a relocation of the Employee’s primary place of employment to a location more than fifty (50) miles from the Company’s future office location in Houston, TexasTexas at the Effective Date.