Common use of Resignation With Cause Clause in Contracts

Resignation With Cause. If Employee resigns his/her employment because (a) his/her position or duties are modified by the Company to such an extent that his/her duties are substantially no longer consistent with the position for which he/she was employed pursuant to this Agreement, or (b) there has been a material breach by the Company of a material term of this Agreement which continues uncured following fourteen (14) days after written notice by Employee to the Company of such breach, then Employee will be entitled to the severance benefits set forth in subsection 4.2, consistent with the terms of said provision.

Appears in 15 contracts

Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Sys), Employment Agreement (Sys)

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Resignation With Cause. If Employee resigns his/her his employment because (a) his/her his position or duties are modified by the Company to such an extent that his/her his duties are substantially no longer consistent with the position for which he/she he was employed pursuant to this Agreement, or (b) there has been a material breach by the Company of a material term of this Agreement which continues uncured following fourteen (14) days after written notice by Employee to the Company of such breach, then Employee will be entitled to the severance benefits set forth in subsection 4.2, consistent with the terms of said provision.

Appears in 1 contract

Samples: Non Compete and Lockup Agreement (Sys)

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