Resignation for Good Cause. The termination of his employment under this Agreement by Employee following a substantial reduction in Employee's position or duties or material breach of this Agreement by Employer shall be deemed a termination by employee for reasons other than cause as set forth in paragraph 10 hereof.
Appears in 4 contracts
Samples: Employment Agreement (Photoloft Com), Employment Agreement (Photoloft Com), Employment Agreement (Photoloft Com)
Resignation for Good Cause. The termination of his her employment under this Agreement by Employee following a substantial reduction in Employee's position or duties or material breach of this Agreement by Employer shall be deemed a termination by employee for reasons other than cause as set forth in paragraph 10 hereof.
Appears in 2 contracts
Samples: Employment Agreement (Photoloft Com), Employment Agreement (Photoloft Com)
Resignation for Good Cause. The termination of his Employee's employment under this Agreement by Employee following a substantial reduction in Employee's position or duties or material breach of this Agreement by Employer shall be deemed a termination by employee Employer for reasons other than cause as set forth if:
(i) removal of the Employee from the Executive Committee or a similar reduction in paragraph 10 hereofposition or duties; and
(ii) Employer materially breaches its obligations to Employee under this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Photoloft Com)