Common use of Good Reason. “Good Reason Clause in Contracts

Good Reason. “Good Reason. for the Executive to terminate the Executive’s employment hereunder shall mean the occurrence of any of the following events without the Executive’s consent; provided however, that any resignation by the Executive due to any of the following conditions shall only be deemed for Good Reason if: (i) the Executive gives the Company written notice of the intent to terminate for Good Reason within ninety (90) days following the first occurrence of the condition(s) that the Executive believes constitutes Good Reason, which notice shall describe such condition(s); (ii) the Company fails to remedy, if remediable, such condition(s) within thirty (30) days following receipt of the written notice (the “Cure Period”) of such condition(s) from the Executive; and (iii) Executive actually resigns his employment within the first fifteen (15) days after expiration of the Cure Period.

Appears in 4 contracts

Samples: Employment Agreement (Dot Hill Systems Corp), Executive Employment Agreement (Ardea Biosciences, Inc./De), Employment Agreement (Dot Hill Systems Corp)

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Good Reason. “Good Reason. for the Executive to terminate the Executive’s employment hereunder shall mean the occurrence of any of the following events without the Executive’s consent; provided however, that any resignation by the Executive due to any of the following conditions shall only be deemed for Good Reason if: (i) the Executive gives the Company written notice of the intent to terminate for Good Reason within ninety (90) 90 days following the first occurrence of the condition(s) that the Executive believes constitutes Good Reason, which notice shall describe such condition(s); (ii) the Company fails to remedy, if remediable, remedy such condition(s) within thirty (30) 30 days following receipt of the written notice (the “Cure Period”) of such condition(s) from the Executive; and (iii) Executive actually resigns his Executive’s employment within the first fifteen (15) 15 days after expiration of the Cure Period.:

Appears in 2 contracts

Samples: Employment Agreement (Bionano Genomics, Inc.), Employment Agreement (Bionano Genomics, Inc.)

Good Reason. “Good Reason. for the Executive to terminate the Executive’s employment hereunder shall mean the occurrence of any of the following events without the Executive’s consent; provided however, that any resignation by the Executive due to any of the following conditions shall only be deemed for Good Reason if: (i) the Executive gives the Company written notice of the intent to terminate for Good Reason within ninety (90) 90 days following the first occurrence of the condition(s) that the Executive believes constitutes Good Reason, which notice shall describe such condition(s); (ii) the Company fails to remedy, if remediable, such condition(s) within thirty (30) 30 days following receipt of the written notice (the “Cure Period”) of such condition(s) from the Executive; and (iii) Executive actually resigns his employment within the first fifteen (15) 15 days after expiration of the Cure Period.:

Appears in 1 contract

Samples: Employment Agreement (BioNano Genomics, Inc)

Good Reason. “Good Reason. for the Executive to terminate the Executive’s 's employment hereunder shall mean the occurrence of any of the following events without the Executive’s 's consent; provided however, that any resignation by the Executive due to any of the following conditions shall only be deemed for Good Reason if: (i) the Executive gives the Company written notice of the intent to terminate for Good Reason within ninety (90) 90 days following the first occurrence of the condition(s) that the Executive believes constitutes Good Reason, which notice shall describe such condition(s); (ii) the Company fails to remedy, if remediable, such condition(s) within thirty (30) 30 days following receipt of the written notice (the "Cure Period") of such condition(s) from the Executive; and (iii) Executive actually resigns his employment within the first fifteen (15) 15 days after expiration of the Cure Period.:

Appears in 1 contract

Samples: Employment Agreement (S&W Seed Co)

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Good Reason. “Good Reason. for the Executive to terminate the Executive’s employment hereunder shall mean the occurrence of any of the following events without the Executive’s consent; provided however, that any resignation by the Executive due to any of the following conditions shall only be deemed for Good Reason if: (i) the Executive gives the Company written notice of the intent to terminate for Good Reason within ninety (90) 90 days following the first occurrence of the condition(s) that the Executive believes constitutes Good Reason, which notice shall describe such condition(s); (ii) the Company fails to remedy, if remediable, such condition(s) within thirty (30) 30 days following receipt of the written notice (the “Cure Period”) of such condition(s) from the Executive; and (iii) Executive actually resigns his employment within the first fifteen (15) 15 days after expiration of the Cure Period.:

Appears in 1 contract

Samples: Employment Agreement (Regulus Therapeutics Inc.)

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