Common use of Resignation by the Executive for Good Reason Clause in Contracts

Resignation by the Executive for Good Reason. For purposes of this Agreement, “Good Reason” shall mean any of the following without the Executive’s prior written consent: (i) assignment of duties materially and adversely inconsistent with the Executive’s position as President of Mill Products and which results in a material diminution in such position, authority, duties or responsibilities as herein contemplated; or (ii) any material diminution in base salary, bonus opportunity or benefits; provided, however, that in each case the Company or GBC Metals, LLC, as applicable, has failed to cure the applicable circumstance within 30 days following written notice from Executive; and provided, further, that Executive must provide written notice of events claimed to constitute Good Reason within 60 days of the initial occurrence of such events. Executive shall not be entitled to terminate his employment for Good Reason with respect to specified events unless Executive tenders resignation for Good Reason within 30 days of the Company’s failure to cure.

Resignation by the Executive for Good Reason. For purposes of this Agreement, “Good Reason” shall mean any of the following without the Executive’s prior written consent: (i) assignment of duties materially and adversely inconsistent with the Executive’s position as President of Mill Products Oster Group and which results in a material diminution in such position, authority, duties or responsibilities as herein contemplated; or (ii) any material diminution in base salary, bonus opportunity or benefits; provided, however, that in each case the Company or GBC Metals, LLCOster Group, as applicable, has failed to cure the applicable circumstance within 30 days following written notice from Executive; and provided, further, that Executive must provide written notice of events claimed to constitute Good Reason within 60 days of the initial occurrence of such events. Executive shall not be entitled to terminate his employment for Good Reason with respect to specified events unless Executive tenders resignation for Good Reason within 30 days of the Company’s failure to cure.

Resignation by the Executive for Good Reason. For purposes of this Agreement, “Good Reason” shall mean any of the following without the Executive’s prior written consent: (i) assignment of duties materially and adversely inconsistent with the Executive’s position as President of Mill Products Chase Brass and which results in a material diminution in such position, authority, duties or responsibilities as herein contemplated; or (ii) any material diminution in base salary, bonus opportunity or benefits; provided, however, that in each case the Company or GBC Metals, LLCChase Brass, as applicable, has failed to cure the applicable circumstance within 30 days following written notice from Executive; and provided, further, that Executive must provide written notice of events claimed to constitute Good Reason within 60 days of the initial occurrence of such events. Executive shall not be entitled to terminate his employment for Good Reason with respect to specified events unless Executive tenders resignation for Good Reason within 30 days of the Company’s failure to cure.

Resignation by the Executive for Good Reason. For purposes of this Agreement, “Good Reason” shall mean any of the following without the Executive’s prior written consent: (i) assignment of duties materially and adversely inconsistent with the Executive’s position as President of Mill Products Xxxx Brass and which results in a material diminution in such position, authority, duties or responsibilities as herein contemplated; or (ii) any material diminution in base salary, bonus opportunity or benefits; provided, however, that in each case the Company or GBC Metals, LLCXxxx Brass, as applicable, has failed to cure the applicable circumstance within 30 thirty (30) calendar days following written notice from the Executive; and provided, further, that the Executive must provide written notice of events claimed to constitute Good Reason within 60 sixty (60) calendar days of the initial occurrence of such events. The Executive shall not be entitled to terminate his employment for Good Reason with respect to specified events unless the Executive tenders resignation for Good Reason within 30 thirty (30) calendar days of the Company’s failure to cure.

Resignation by the Executive for Good Reason. For purposes of this Agreement, “Good Reason” shall mean any of the following without the Executive’s prior written consent: (i) assignment of duties materially and adversely inconsistent with the Executive’s position as President of Mill Products AJO and which results in a material diminution in such position, authority, duties or responsibilities as herein contemplated; or (ii) any material diminution in base salary, bonus opportunity or benefits; provided, however, that in each case the Company or GBC Metals, LLCAJO, as applicable, has failed to cure the applicable circumstance within 30 days following written notice from Executive; and provided, further, that Executive must provide written notice of events claimed to constitute Good Reason within 60 days of the initial occurrence of such events. Executive shall not be entitled to terminate his employment for Good Reason with respect to specified events unless Executive tenders resignation for Good Reason within 30 days of the Company’s failure to cure.