Employee’s Right to Terminate for Good Reason. Employee shall have the right to terminate Employee’s employment with the Company at any time for “Good Reason.” For purposes of this Agreement, “Good Reason” shall mean:
Employee’s Right to Terminate for Good Reason. Employee shall have the right to terminate Employee’s employment with the Company at any time for Good Reason. Any assertion by Employee of a termination for Good Reason shall not be effective unless all of the following conditions are satisfied: (i) the condition giving rise to Employee’s termination of employment must have arisen without Employee’s written consent; (ii) Employee must provide written notice to the Board of the existence of such condition(s) within 30 days of the initial existence of such condition(s); (iii) the condition(s) specified in such notice must remain uncorrected for 30 days following the Board’s receipt of such written notice; and (iv) the date of Employee’s termination of employment must occur within 75 days after the initial existence of the condition(s) specified in such notice.
Employee’s Right to Terminate for Good Reason. Employee shall have the right to terminate Employee’s employment with the Company for “Good Reason” (1) at any time pursuant to a condition described in Section 5(c)(i), (ii), (iv) or (v) and (2) for the condition described in Section 5(c)(iii), at any time prior to a Change in Control and, on or following a Change in Control, on or following the date that is at least ninety (90) days after such Change in Control. For purposes of this Agreement, “Good Reason” shall mean:
Employee’s Right to Terminate for Good Reason. Employee shall have the right to terminate Employee’s employment with the Company at any time for Good Reason. For purposes of this Agreement, “Good Reason” shall mean: (i) a material diminution in Employee’s Base Salary other than a general reduction in Base Salary that affects all similarly situated executives of the Company in substantially the same proportion; provided, however, such general reduction may not exceed 20% of Employee’s Base Salary; (ii) a material diminution in Employee’s authority, duties and responsibilities with the Company Group; provided, however, that if Employee is serving as an officer or member of the board of directors (or similar governing body) of any member of the Company Group or any other entity in which a member of the Company Group holds an equity interest, in no event shall the removal of Employee as an officer or board member, regardless of the reason for such removal, constitute Good Reason; or (iii) the relocation of the geographic location of Employee’s principal place of employment by more than seventy-five (75) miles from the location of Employee’s principal place of employment as of the Effective Date. Notwithstanding the foregoing provisions of this Section 7(c) or any other provision of this Agreement to the contrary, any assertion by Employee of a termination for Good Reason shall not be effective unless all of the following conditions are satisfied: (A) the condition giving rise to Employee’s claim of Good Reason must have arisen without Employee’s consent; (B) Employee must provide written notice to the Board of the existence of such condition(s) within thirty (30) days after the initial occurrence of such condition(s); (C) the condition(s) specified in such notice must remain uncorrected for thirty (30) days following the Board’s receipt of such written notice; and (D) the date of Employee’s termination of employment must occur within thirty (30) days after the end of the period referenced in clause (C). Further notwithstanding the foregoing, no suspension of Employee or reduction in Employee’s authority, duties and responsibilities in conjunction with any leave required, or other action taken by the Company as part of any investigation into alleged wrongdoing by Employee shall give rise to Good Reason.
Employee’s Right to Terminate for Good Reason. Employee may terminate this Agreement and his employment with the Company for "Good Reason." In the event of Employee's termination of this Agreement and his employment with the Company for Good Reason, the Company shall continue paying Employee his base salary through the expiration of the then remaining term of this Agreement, but in no event for less than 12 additional months. For purposes of this Paragraph 6.A, "Good Reason" shall be deemed to exist if (i) the Company fails to comply with any material provision of this Agreement and such failure has not been cured within ten (10) days after notice of such noncompliance has been given by Employee to the Board pursuant to the notice provisions of this Agreement specifying the nature of such noncompliance in reasonable detail (ii) Employee is removed from, or is not elected to, the Board after the Effective Date, (iii) Employee is assigned any duties materially inconsistent with Employee's authority, duties or responsibilities on the Effective Date, including without limitation any action of the Company that results in Employee no longer having the title and responsibilities specified in Paragraph 3.A of this Agreement, or (iv) the Company fails to renew the Original Term or any extended term of this Agreement in the manner provided in Paragraph 4.B of this Agreement by the Renewal Notice Date.
Employee’s Right to Terminate for Good Reason. Employee may terminate this Agreement and his employment with the Company for "Good Reason." In the event of Employee's termination of this Agreement and his employment with the Company for Good Reason, the Company shall pay to Employee a cash amount equal to Employee's annual base salary under the terms of the Harper/Sterling Employment Agreement, initially Two Hundred Thousand Xxxxxrs ($200,000). For purposes of this Paragraph 6.A, "Good Reason" shall be deemed to exist if the Harper/Sterling Employment Agreement and Employee's employment therexxxxx is terminated for "Good Reason" (as such term is defined in the Harper/Sterling Employment Agreement) or without "good cause" (as suxx xxxm is defined in the Harper/Sterling Employment Agreement).
Employee’s Right to Terminate for Good Reason. Employee may terminate this Agreement and his employment with the Company for "Good Reason." In the event of Employee's termination of this Agreement and his employment with the Company for Good Reason, the Company shall pay to Employee a cash amount equal to Employee's annual base salary under the terms of the Manning/Sterling Employment Agreement, initially Two Hundred Thousanx Xxxxxrs ($200,000).
