Procedure for Good Reason. In order to exercise a Good Reason termination of employment the Executive must give the Company notice of termination within 60 days of the occurrence of one of the events included in the definition of Good Reason, following which notice the Company will have a period of 30 days to cure the circumstances constituting Good Reason. Unless the Company cures the circumstances constituting Good Reason within such 30 day period, Executive’s employment will be deemed to terminate on the 30th day following the date such notice is delivered to the Company.
Appears in 6 contracts
Samples: Executive Employment Agreement (CalAmp Corp.), Executive Employment Agreement (CalAmp Corp.), Employment Agreement (CalAmp Corp.)
