Common use of Definition of Resignation for Good Reason Clause in Contracts

Definition of Resignation for Good Reason. For purposes of this Agreement, resigning for “Good Reason” shall mean if Employee resigns because: (i) there has been a diminution in his Base Salary; (ii) he is required to be based in an office that is more than 50 miles from the current location of the office; (iii) he is assigned duties that are materially inconsistent with his position as Vice President and General Counsel; or (iv) there is a material diminution of his status, office, title, responsibility, or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

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Definition of Resignation for Good Reason. For purposes of this Agreement, resigning Resignation for Good Reason” Reason shall mean if Employee resigns because: (i) there has been a diminution in his Base Salary; (ii) he is required to be based in an office that is more than 50 75 miles from the current location of the office; (iii) he is assigned duties that are materially inconsistent with his position as Vice President and General CounselPresident, Operations; or (iv) there is a material diminution of his status, office, title, responsibility, title or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

Definition of Resignation for Good Reason. For purposes of this Agreement, resigning for “Good Reason” shall mean if Employee resigns because: (i) there has been a diminution in his Base Salary; (ii) he is required to be based in an office that is more than 50 miles from the current location of the office; (iii) he is assigned duties that are materially inconsistent with his position as Vice President Chief Financial Officer and General Counselthe senior financial and accounting employee of the Company; or (iv) there is a material diminution of his status, office, title, responsibility, or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

Definition of Resignation for Good Reason. For purposes of this Agreement, resigning for “Good Reason” shall mean if Employee resigns because: (ia) there has been a diminution in his Base Salary; (iib) he is required to be based in an office that is more than 50 miles from the current location of the office; (iiic) he is assigned duties that are materially inconsistent with his position as Vice President and General CounselChief Executive Officer of the Company; or (ivd) there is a material diminution of his status, office, title, responsibility, or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

Definition of Resignation for Good Reason. For purposes of this Agreement, resigning Resignation for Good Reason” Reason shall mean if Employee resigns because: (i) there has been a diminution in his Base Salary; (ii) he is required to be based in an office that is more than 50 75 miles from the current location of the office; (iii) he is assigned duties that are materially inconsistent with his position as Executive Vice President and General CounselChief Technology Officer; or (iv) there is a material diminution of his status, office, title, responsibility, title or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

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Definition of Resignation for Good Reason. For purposes of this Agreement, resigning Resignation for Good Reason” Reason shall mean if Employee resigns because: (i) there has been a diminution dimunition in his Base Salary; (ii) he is required to be based in an office that is more than 50 75 miles from the current location of the office; (iii) he is assigned duties that are materially inconsistent with his position as Executive Vice President and General CounselChief Financial Officer; or (iv) there is a material diminution dimunition of his status, office, title, responsibility, title or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

Definition of Resignation for Good Reason. For purposes of this Agreement, resigning Resignation for Good Reason” Reason shall mean if Employee resigns because: (i) there has been a diminution in his Base Salary; (ii) he is required to be based in an office that is more than 50 75 miles from the current location of the office; (iii) he is assigned duties that are materially inconsistent with his position as Executive Vice President and General CounselChief Financial Officer; or (iv) there is a material diminution of his status, office, title, responsibility, title or reporting requirements.

Appears in 1 contract

Samples: Employment Agreement (Glowpoint Inc)

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