Common use of Definition of Good Reason Clause in Contracts

Definition of Good Reason. For the purposes of this Agreement, “Good Reason” shall mean: without the Executive’s express written consent, a material reduction by the Company in the Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.

Appears in 10 contracts

Samples: Employment Agreement (Kindred Biosciences, Inc.), Employment Agreement (Kindred Biosciences, Inc.), Employment Agreement (Kindred Biosciences, Inc.)

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Definition of Good Reason. For the all purposes of under this Agreement, “Good Reason” shall mean: , with respect to the Executive, the occurrence of one or more of the following, without the Executive’s express written consent, a material reduction by consent and for which the Executive has given the Company express written notice within thirty (30) days following such occurrence (provided that no advance written notice shall be required in the Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.case of an occurrence contemplated by Section 2(c)(iv) below):

Appears in 7 contracts

Samples: Change in Control Severance Agreement (SGX Pharmaceuticals, Inc.), Change in Control Severance Agreement (SGX Pharmaceuticals, Inc.), Change in Control Severance Agreement (SGX Pharmaceuticals, Inc.)

Definition of Good Reason. For the purposes of this Agreement, “Good Reason” shall mean: means that one or more of the following is undertaken without the Executive’s express written consent, : (i) a material reduction by the Company in the Executive’s total Base Salary, bonus (if any) or benefits that would substantially diminish the aggregate value of Executive’s compensation as and benefits without Executive’s consent; or (ii) the assignment to Executive of duties that are substantially and materially inconsistent with the position held by Executive prior to the Change in effect on Control and that are not a reasonable advancement of Executive’s position within the date hereof or as the same may be increased from time to timeCompany.

Appears in 7 contracts

Samples: Employment Agreement (Newlink Genetics Corp), Employment Agreement (Newlink Genetics Corp), Employment Agreement (Newlink Genetics Corp)

Definition of Good Reason. For the purposes of this Agreement, “Good Reason” shall mean: without the Executive’s express written consent, a material reduction by the Company in the absence of the prior written consent of Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.:

Appears in 6 contracts

Samples: Employment Agreement (Niocorp Developments LTD), Employment Agreement (GX Acquisition Corp. II), Employment Agreement (Niocorp Developments LTD)

Definition of Good Reason. For the purposes of this Agreement, Agreement “Good Reason” shall mean: means any of the following occur without the Executive’s express written consent, a material reduction by the Company except in connection with termination of the Executive’s total compensation as in effect on employment for Cause or because of death or disability or termination of the date hereof or as Executive’s employment by the same may be increased from time to time.Executive without Good Reason –

Appears in 4 contracts

Samples: Employment Agreement (Silver State Bancorp), Employment Agreement (Silver State Bancorp), Employment Agreement (Silver State Bancorp)

Definition of Good Reason. For the purposes of this Agreement, “Good Reason” shall mean: mean without the Executive’s express prior written consent, a material reduction by the Company in consent of the Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.:

Appears in 2 contracts

Samples: Employment Agreement (Tapimmune Inc), Employment Agreement (Tapimmune Inc)

Definition of Good Reason. For the purposes of this Agreement, “Good Reason” shall mean: (i) without the Executive’s express written consent, any material reduction in Executive’s title, status or responsibilities, or (ii) without the Executive’s express written consent, a material reduction by the Company in the Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Kindred Biosciences, Inc.), Employment Agreement (Kindred Biosciences, Inc.)

Definition of Good Reason. For the purposes of this Agreement, "Good Reason" shall mean: mean without the Executive’s express prior written consent, a material reduction by the Company in consent of the Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.:

Appears in 2 contracts

Samples: Employment Agreement (Tapimmune Inc.), Employment Agreement (Tapimmune Inc)

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Definition of Good Reason. For the purposes of this Agreement, "Good Reason” shall mean: " means without the Executive’s 's express prior written consent, a material reduction by the Company in occurrence of any one or more of the following events during the term of this Agreement and which is not corrected to Executive’s total compensation as in effect on 's reasonable satisfaction within 60 days after he gives notice to the date hereof Chairman of the Company's Board of the circumstance that he believes does or as the same may be increased from time to time.constitute Good Reason:

Appears in 1 contract

Samples: Employment Agreement (Value City Department Stores Inc /Oh)

Definition of Good Reason. For the purposes of this Agreement, "Good Reason” shall mean: " means without the Executive’s 's express prior written consent, a material reduction by the Company in occurrence of any one or more of the following events during the term of this Agreement and which is not corrected to the Executive’s total compensation as in effect on 's reasonable satisfaction within 60 days after he gives notice to the date hereof Chairman of the Company's Board of the circumstance that he believes does or as the same may be increased from time to time.constitute Good Reason:

Appears in 1 contract

Samples: Employment Agreement (Retail Ventures Inc)

Definition of Good Reason. For the purposes of this Agreement, "Good Reason” shall mean: " means without the Executive’s 's express prior written consent, a material reduction by the Company in occurrence of any one or more of the following events during the term of this Agreement and which is not corrected to Executive’s total compensation as in effect on 's reasonable satisfaction within 60 days after he gives notice to the date hereof Chief Executive Officer of the circumstance that he believes does or as the same may be increased from time to time.constitute Good Reason:

Appears in 1 contract

Samples: Employment Agreement (Value City Department Stores Inc /Oh)

Definition of Good Reason. For the purposes of this Agreement, "Good Reason" shall mean: mean the occurrence, without the Executive’s express 's written consent, a material reduction by of any of the following circumstances unless such circumstances are fully corrected within ten (10) business days after written notice thereof to the Company in from the Executive’s total compensation as in effect on the date hereof or as the same may be increased from time to time.:

Appears in 1 contract

Samples: Severance Agreement (Pfizer Inc)

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