Common use of Involuntary Termination Without Cause Clause in Contracts

Involuntary Termination Without Cause. “Involuntary Termination without Cause” shall mean that an Employee has been notified in writing that his or her position is being eliminated or significantly altered as a result of a substantial diminishment of responsibility or salary or as a result of a structured job elimination program implemented by management of the Company.

Appears in 14 contracts

Samples: Performance Share Agreement (Interstate Power & Light Co), Performance Contingent Restricted Stock Agreement (Interstate Power & Light Co), Performance Share Agreement (Alliant Energy Corp)

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