Common use of Material Change in Responsibilities Clause in Contracts

Material Change in Responsibilities. Should the Company materially change Executive's responsibilities, Executive may provide the Company thirty (30) days written notice of her objection to such change. The Company shall be afforded sixty (60) days from receipt of such notice to respond to and cure Executive's objection(s). Should the Company fail to restore Executive's responsibilities in full during this sixty (60) day period, Executive shall be entitled to resign and such resignation for purposes of salary and benefit continuation and vesting, shall be treated as a termination without cause as defined in Section 6(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her duties or authority.

Appears in 2 contracts

Samples: Employment Agreement (Apache Medical Systems Inc), Employment Agreement (Apache Medical Systems Inc)

AutoNDA by SimpleDocs

Material Change in Responsibilities. Should Notwithstanding any other provision of this Agreement, should the Company materially change Executive's responsibilities, Executive may provide the Company thirty (30) days written notice of her objection to such change. The Company shall be afforded sixty (60) days from receipt of such notice to respond to and cure Executive's objection(s). Should the Company fail to restore Executive's responsibilities in full during this sixty (60) day period, Executive shall be entitled to resign and such resignation for purposes of salary and benefit continuation and vesting, shall be treated as a termination without cause as defined in Section 6(b7(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her duties or authority.

Appears in 1 contract

Samples: Employment Agreement (Apache Medical Systems Inc)

Material Change in Responsibilities. Should Notwithstanding any other provision of this Agreement, should the Company materially change Executive's ’s responsibilities, Executive may provide the Company thirty (30) days written notice of her his objection to such change. The Company shall be afforded sixty thirty (6030) days from receipt of such notice to respond to and cure Executive's ’s objection(s). Should the Company fail to restore Executive's ’s responsibilities in full during this sixty thirty (6030) day period, Executive shall be entitled to resign resign; and such resignation for purposes of salary and benefit continuation continuation, and vesting, shall be treated as a termination without cause as defined in Section 6(b5(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her Executive’s duties or authority.

Appears in 1 contract

Samples: Employment Agreement (Regen Biologics Inc)

Material Change in Responsibilities. Should Notwithstanding any other provision of this Agreement, should the Company materially change Executive's responsibilities, Executive may provide the Company thirty (30) days written notice of her objection to such change. The Company shall be afforded sixty (60) days from receipt of such notice to respond to and cure Executive's objection(s). Should the Company fail to restore Executive's responsibilities in full during this sixty (60) day period, Executive shall be entitled to resign and such resignation for purposes of salary and benefit continuation and vesting, shall be treated as a termination without cause as defined in Section 6(b7(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her duties or authority.in

Appears in 1 contract

Samples: Employment Agreement (Apache Medical Systems Inc)

Material Change in Responsibilities. Should Notwithstanding any other provision of this Agreement, should the Company materially change Executive's responsibilities, Executive may provide the Company thirty (30) days written notice of her objection to such change. The Company shall be afforded sixty (60) days from receipt of such notice to respond to and cure Executive's objection(s). Should the Company fail to restore Executive's responsibilities in full during this sixty (60) day period, Executive shall be entitled to resign and such resignation for purposes of salary and benefit continuation and vesting, shall be treated as a termination without cause as defined in Section 6(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her duties or authority.

Appears in 1 contract

Samples: Employment Agreement (Apache Medical Systems Inc)

AutoNDA by SimpleDocs

Material Change in Responsibilities. Should Notwithstanding any other provision of this Agreement, should the Company materially change Executive's responsibilities, Executive may provide the Company thirty sixty (3060) days written notice of her his objection to such change. The Company shall be afforded sixty forty-five (6045) days from receipt of such notice to respond to and cure Executive's objection(s). Should the Company fail to restore Executive's responsibilities in full during this sixty forty-five (6045) day period, Executive shall be entitled to resign and such resignation for purposes of salary and benefit continuation and vesting, shall be treated as a termination without cause as defined in Section 6(b8(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her his duties or authority.

Appears in 1 contract

Samples: Employment Agreement (Apache Medical Systems Inc)

Material Change in Responsibilities. Should Notwithstanding any other provision of this Agreement, should the Company materially change Executive's responsibilities, Executive may provide the Company thirty (30) days written notice of her his objection to such change. The Company shall be afforded sixty thirty (6030) days from receipt of such notice to respond to and cure Executive's objection(s). Should the Company fail to restore Executive's responsibilities in full during this sixty thirty (6030) day period, Executive shall be entitled to resign and such resignation for purposes of salary and benefit continuation and vesting, shall be treated as a termination without cause as defined in Section 6(b7(b). For purposes of this Section, a "material change in responsibility" shall mean a material change in her Executive's duties or authority.

Appears in 1 contract

Samples: Employment Agreement (Aros Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!