Common use of Procedure for Resignation for Good Reason Clause in Contracts

Procedure for Resignation for Good Reason. To resign for “Good Reason,” Executive must give the Company: ​ (A) Written notice of the intended resignation and a detailed description of the Good Reason not more than thirty (30) days after Executive becomes aware of the initial existence of the Good Reason; and (B) A reasonable opportunity of at least thirty (30) days in which to cure those circumstances. (C) Good Reason shall not exist if Executive (a) fails to provide such notice within the thirty (30)-day notice period, or (b) the Company cures the specified condition within the thirty (30)-day cure period.

Appears in 2 contracts

Samples: Change in Control Agreement (Riverview Bancorp Inc), Change in Control Agreement (Riverview Bancorp Inc)

AutoNDA by SimpleDocs

Procedure for Resignation for Good Reason. To resign for Good Reason,” , Executive must give the Company: (A) Written notice of the intended resignation and a detailed description of the Good Reason not more than thirty (30) days after Executive becomes aware of the initial existence of the Good Reason; and and (B) A reasonable opportunity of at least thirty (30) days in which to cure those circumstances. (C) Good Reason shall not exist if Executive (a) fails to provide such notice within the thirty (30)-day notice period, or (b) the Company cures the specified condition within the thirty (30)-day cure period.

Appears in 1 contract

Samples: Employment Agreement (Riverview Bancorp Inc)

Procedure for Resignation for Good Reason. To resign for Good Reason,” , Executive must give the Company: ​: (A) Written notice of the intended resignation and a detailed description of the Good Reason not more than thirty (30) days after Executive becomes aware of the initial existence of the Good Reason; and (B) A reasonable opportunity of at least thirty (30) days in which to cure those circumstances. (C) Good Reason shall not exist if Executive (a) fails to provide such notice within the thirty (30)-day notice period, or (b) the Company cures the specified condition within the thirty (30)-day cure period.. 718735.0003/9045901.6 6

Appears in 1 contract

Samples: Employment Agreement (Riverview Bancorp Inc)

Procedure for Resignation for Good Reason. To resign for Good Reason,” , Executive must give the Company: ​: (A) Written notice of the intended resignation and a detailed description of the Good Reason not more than thirty (30) days after Executive becomes aware of the initial existence of the Good Reason; and; (B) A reasonable opportunity of at least thirty (30) days in which to cure those circumstances.; and (C) Good Reason shall not exist if Executive (a) fails to provide such notice within the thirty (30)-day notice period, or (b) the Company cures the specified condition within the thirty (30)-day cure period; or (c) the Executive does not actually resign within six (6) months of the initial existence of the Good Reason condition.

Appears in 1 contract

Samples: Employment Agreement (Riverview Bancorp Inc)

AutoNDA by SimpleDocs

Procedure for Resignation for Good Reason. To resign for Good Reason,” , Executive must give the Company: ​: (A) Written notice of the intended resignation and a detailed description of the Good Reason not more than thirty (30) days after Executive becomes aware of the initial existence of the Good Reason; and (B) A reasonable opportunity of at least thirty (30) days in which to cure those circumstances. (C) Good Reason shall not exist if Executive (a) fails to provide such notice within the thirty (30)-day notice period, or (b) the Company cures the specified condition within the thirty (30)-day cure period.

Appears in 1 contract

Samples: Employment Agreement (Riverview Bancorp Inc)

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