Limitations on Good Reason. Notwithstanding the foregoing provisions of this Section 3.4, no act or omission shall constitute a material breach of this Agreement by the Company, nor grounds for “Good Reason”: (i) unless the Executive gives the Company a Notice of Termination at least 30 days’ prior to the Termination Date and the Company fails to cure such act or omission within the 30-day period; (ii) if the Executive first acquired knowledge of such act or omission more than 90 days before the Executive gives the Company and the Employer such Notice of Termination; or (iii) if the Executive has consented in writing to such act or omission.
Appears in 4 contracts
Samples: Change in Control Employment Agreement (Baltimore Gas & Electric Co), Change in Control Employment Agreement (Exelon Corp), Change in Control Employment Agreement (Exelon Corp)
Limitations on Good Reason. Notwithstanding the foregoing provisions of this Section 3.4, no act or omission shall constitute a material breach of this Agreement by the Company, nor grounds for “Good Reason”:
(i) unless the Executive gives the Company a Notice of Termination at least 30 days’ prior to the Termination Date and the Company fails to cure such act or omission within the 30-day period;
(ii) if the Executive first acquired knowledge of such act or omission more than 90 180 days before the Executive gives the Company and the Employer such Notice of Termination; or
(iii) if the Executive has consented in writing to such act or omission.
Appears in 3 contracts
Samples: Change in Control Employment Agreement, Change in Control Employment Agreement (Exelon Corp), Change in Control Employment Agreement (Exelon Corp)
Limitations on Good Reason. Notwithstanding the foregoing provisions of this Section 3.4, no act or omission shall constitute a material breach of this Agreement by the Company, nor grounds for “"Good Reason”":
(i) unless the Executive gives the Company a Notice of Termination at least and the Employer 30 days’ ' prior to the Termination Date notice of such act or omission and the Company fails to cure such act or omission within the 30-day period;
(ii) if the Executive first acquired knowledge of such act or omission more than 90 days 12 months before the Executive gives the Company and the Employer such Notice of Terminationnotice; or
(iii) if the Executive has consented in writing to such act or omissionomission in a document that makes specific reference to this Section.
Appears in 1 contract
Samples: Change in Control Employment Agreement (Commonwealth Edison Co)
