Common use of Involuntary Resignation Clause in Contracts

Involuntary Resignation. “Involuntary Resignation” shall mean Employee’s voluntary resignation within 60 days of the occurrence of any of the following events which occurs without his consent and after having provided to the Company written notice of such event and as least thirty (30) days to cure it: (i) a reduction of Employee’s then total current compensation by more than 10%, or (ii) Employee’s refusal to relocate to a location more than 30 miles from the Company’s current location.”

Involuntary Resignation. “Involuntary Resignation” shall mean Employee’s voluntary resignation within 60 resignation, upon 30 days of the occurrence of any of the following events which occurs without his consent and after having provided prior written notice to the Company written notice of such event and as least thirty (30) days to cure it: Company, following (i) a reduction of Employee’s then current total current compensation by more than 10%, or (ii) Employee’s refusal to relocate to a location more than 30 miles from the Company’s current location.”

Involuntary Resignation. “Involuntary Resignation” shall mean Employee’s voluntary resignation within 60 resignation, upon 30 days of the occurrence of any of the following events which occurs without his consent and after having provided prior written notice to the Company written notice of such event and as least thirty (30) days to cure it: Company, following (i) a reduction of Employee’s then current total current compensation by more than 10%, or (ii) Employee’s refusal to relocate to a location more than 30 miles from the Company’s current location.”