Good Reason Resignation. Executive may terminate the Employment Period and Executive's employment at any time for Good Reason, effective upon delivery of written notice of termination to the Company. If such termination by Executive is asserted to be for "Good Reason", such termination notice shall state the grounds that Executive claims constitute Good Reason. As used herein, "Good Reason" shall mean a material breach of this Agreement by the Company. A demotion such that Executive does not serve as the Chief Executive Officer, or Co-Chief Executive Officer of the Company shall constitute "Good Reason".
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Samples: Employment Agreement (Cenex Harvest States Cooperatives), Employment Agreement (Farmland Industries Inc)
Good Reason Resignation. Executive may terminate the Employment Period and Executive's resign his employment at any time for Good Reason, effective upon delivery of written notice of termination resignation to the Company. If such termination resignation by Executive is asserted to be for "Good Reason", ," such termination resignation and notice shall state the grounds that Executive claims constitute Good Reason. As used herein, herein "Good Reason" shall mean a material breach of this Agreement by the Company. A , which breach is not cured within thirty (30) days of the Company's receipt of notice of such breach, or a demotion such that Executive does not serve as the Chief Executive Officer, or Co-Chief Executive Officer of the Company shall constitute "Good Reason"Company.
Appears in 2 contracts
Samples: Employment Agreement (Farmland Industries Inc), Employment Agreement (Farmland Industries Inc)
Good Reason Resignation. Executive may terminate the Employment Period and Executive's ’s employment at any time for Good Reason, effective upon delivery of written notice of termination to the Company. If such termination by Executive is asserted to be for "“Good Reason"”, such termination notice shall state the grounds that Executive claims constitute Good Reason. As used herein, "herein “Good Reason" ” shall mean a material breach of this Agreement by the Company. A , or a demotion such that Executive does not serve as the Chief Executive Officer, or Co-Chief Executive Officer of the Company shall constitute "Good Reason"Company. 6.
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