Common use of Termination by Executive for Good Reason Clause in Contracts

Termination by Executive for Good Reason. Executive’s employment with the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5, Executive shall be entitled to receive the same benefits as if his employment had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:

Appears in 9 contracts

Samples: Employment Agreement, Employment Agreement (Change Healthcare Inc.), Employment Agreement (Change Healthcare Inc.)

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Termination by Executive for Good Reason. Executive’s Executive may terminate his employment with the Company may be terminated by Executive under this Agreement for "Good Reason Reason" (as defined below). If Executive terminates his employment pursuant to this ) in accordance with the procedures specified in Section 4.5, Executive shall be entitled to receive the same benefits as if his employment had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:4.6.2 below.

Appears in 6 contracts

Samples: Employment Agreement (Cardionet Inc), Employment Agreement (Cardionet Inc), Employment Agreement (Cardionet Inc)

Termination by Executive for Good Reason. Executive’s employment with The Executive may terminate the Company may be terminated by Executive Term of Employment for Good Reason (as defined below). If Executive terminates his employment pursuant upon written notice to this the Company if all of the requirements for a Good Reason set forth in Section 4.51(v) hereof have been met, and the Executive shall be entitled to receive the same payments and benefits as if his employment had been terminated by the Company provided in Section 6(e) above for a termination without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:Cause.

Appears in 5 contracts

Samples: Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc), Employment Agreement (Insmed Inc)

Termination by Executive for Good Reason. Executive may terminate Executive’s 's employment with the Company may be terminated under this Agreement for Good Reason pursuant to Sections 4.4.1 through 4.4.6 hereof only following a Change in Control (regardless of whether an Anticipatory Change, as hereinafter defined, has occurred) and pursuant to Sections 4.4.7 through 4.4.9 hereof either before or following a Change in Control. Termination by Executive for Good Reason (as defined below). If Executive terminates his "GOOD REASON" shall mean termination of employment pursuant to this Section 4.5, Executive shall be entitled to receive the same benefits as if his employment had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means based on any one or more of the following:

Appears in 4 contracts

Samples: Executive Employment Agreement (Funco Inc), Executive Employment Agreement (Funco Inc), Executive Employment Agreement (Funco Inc)

Termination by Executive for Good Reason. Executive’s employment with the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5for Good Reason, Executive shall will be entitled to receive the same benefits as if his employment had been terminated by involuntarily under Article I, Section 5(a). Any benefits provided under this section are conditioned on Executive giving written notice to the Company without Cause under Section 4.4 subsection (subject to a) below and meeting the provisions and conditions requirements for a satisfactory release as set forth herein). For purpose of this in Article III, Section 4.5, the term “Good Reason” means any of the following:2.

Appears in 3 contracts

Samples: Employment Agreement (Mueller Water Products, Inc.), Employment Agreement (Mueller Water Products, Inc.), Employment Agreement (Mueller Water Products, Inc.)

Termination by Executive for Good Reason. Executive’s Executive shall have the right to terminate his employment with the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5Reason, Executive in which event he shall be entitled to receive the same payments and benefits as if his employment had been terminated by the Company without Cause under specified in Section 4.4 (subject to the provisions and conditions set forth herein). For purpose 5.4 of this Section 4.5, the term Agreement. “Good Reason” means shall mean the occurrence of any of the following:following without Executive’s prior express written consent: (a) the Company, or a successor as contemplated in Section 6.1

Appears in 3 contracts

Samples: Employment Agreement (American Defense Systems Inc), Employment Agreement (American Defense Systems Inc), Employment Agreement (American Defense Systems Inc)

Termination by Executive for Good Reason. Executive’s employment with The Executive may terminate the Company may be terminated by Executive Term of Employment for Good Reason (as defined below). If Executive terminates his employment pursuant upon written notice to this the Company if all of the requirements for a Good Reason set forth in Section 4.51(q) hereof have been met, and the Executive shall be entitled to receive the same payments and benefits as if his employment had been terminated by the Company provided in Section 6(e) above for a termination without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:Cause.

Appears in 3 contracts

Samples: Employment Agreement (Reven Housing REIT, Inc.), Employment Agreement (Reven Housing REIT, Inc.), Employment Agreement (Reven Housing REIT, Inc.)

Termination by Executive for Good Reason. Executive’s During the Term, the Executive may resign her employment with the Company may be terminated by Executive for Good Reason (as defined below)Reason. If Executive terminates his employment pursuant to this Section 4.5Upon such a termination, the Executive shall be entitled to receive those benefits described in Section 6(c) as though the same benefits as if his employment Executive had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth herein)Cause. For purpose purposes of this Section 4.5Agreement, the term “Good Reason” means the occurrence of any of the followingfollowing circumstances:

Appears in 3 contracts

Samples: Employment Agreement (Egalet Corp), Employment Agreement (Egalet Corp), Employment Agreement (Egalet Corp)

Termination by Executive for Good Reason. Executive’s employment with the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5for Good Reason, Executive shall will be entitled to receive the same benefits as if his employment had been terminated by involuntarily under Article I, Section 5. Any benefits provided under this section are conditioned on Executive giving written notice to the Company without Cause under Section 4.4 subsection (subject to a) below and meeting the provisions and conditions requirements for a satisfactory release as set forth herein). For purpose of this in Article III, Section 4.5, the term “Good Reason” means any of the following:2.

Appears in 3 contracts

Samples: Employment Agreement (Mueller Water Products, Inc.), Employment Agreement (Mueller Water Products, Inc.), Employment Agreement (Mueller Water Products, Inc.)

Termination by Executive for Good Reason. Executive’s (a) Employee may terminate his employment with the Company may be terminated by Executive for Good Reason (as defined below)Reason. If Executive Employee voluntarily terminates his employment pursuant to this Section 4.5with the Company for Good Reason, Executive Employee shall be entitled to receive the same benefits as Base Salary and health benefit continuation that he would have been entitled to receive under Section 5.3 if his employment had been were terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:Cause.”

Appears in 2 contracts

Samples: Amendment and Assumption Agreement, Amendment and Assumption Agreement (Netscreen Technologies Inc)

Termination by Executive for Good Reason. Executive’s Executive may terminate his employment with under this Agreement for Good Reason, in which event the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5, Executive shall be entitled to receive still have the same benefits obligations to Executive under this Agreement as if his employment had been terminated by the Company without Cause under provided for in Section 4.4 (subject to the provisions and conditions set forth herein4(b). For purpose of this Section 4.5, the term “Good Reason” means any of the following:.

Appears in 2 contracts

Samples: Employment Agreement (Stant Corp), Employment Agreement (Stant Corp)

Termination by Executive for Good Reason. Executive’s The Executive may terminate her employment with the Company may be terminated by Executive under this Agreement for Good Reason (as defined below)) by written notice to the Company. If Executive terminates his employment Any termination for Good Reason pursuant to this Section 4.5, Executive 5(d) shall be entitled deemed to receive the same benefits as if his employment had been terminated be a termination by the Company without Cause and Executive shall be eligible for the payments and benefits under Section 4.4 (5(c) of this Agreement, subject to the provisions terms and conditions set forth herein)thereof. For purpose purposes of this Section 4.5Agreement, the term “Good Reason” means any of the followingmeans:

Appears in 1 contract

Samples: Employment Agreement (Ulta Salon, Cosmetics & Fragrance, Inc.)

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Termination by Executive for Good Reason. Executive’s employment with The Executive may terminate the Company may be terminated by Executive Term of Employment for Good Reason (as defined below). If Executive terminates his employment pursuant upon written notice to this the Company if all of the requirements for a Good Reason set forth in Section 4.51(r) hereof have been met, and the Executive shall be entitled to receive the same payments and benefits as if his employment had been terminated by the Company provided in Section 6(e) above for a termination without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:Cause.

Appears in 1 contract

Samples: Employment Agreement (Reven Housing REIT, Inc.)

Termination by Executive for Good Reason. (a) Executive’s 's ---------------------------------------- employment with the Company may be terminated at any time by Executive for Good Reason (as defined below)Reason. If Executive terminates his employment pursuant to this Section 4.5for Good Reason, Executive the Company shall be entitled to receive have the same benefits as obligations to Executive that it would have had under Section 4.4 if his Executive's employment had been with the Company were terminated by the Company without Cause under Section 4.4 Cause. (subject to the provisions and conditions set forth herein). b) For purpose purposes of this Section 4.5Agreement, the term "Good Reason” means " shall mean ----------- any of the followingfollowing conditions or events which condition(s) or event(s) remain in effect 20 days after written notice is provided by Executive to the Company detailing such condition or event:

Appears in 1 contract

Samples: Employment Agreement (Careinsite Inc)

Termination by Executive for Good Reason. Executive’s employment with the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5for Good Reason, Executive shall will be entitled to receive the same benefits as if his employment had been terminated by involuntarily under Article I, Section 5. Any benefits provided under this section are conditioned on Executive satisfying the Company without Cause under Section 4.4 (subject to the provisions and conditions Good Reason requirements set forth herein). For purpose of below in this Section 4.56 and meeting the requirements for a satisfactory release as set forth in Article III, the term “Good Reason” means any of the following:Section 2.

Appears in 1 contract

Samples: Employment Agreement (Mueller Water Products, Inc.)

Termination by Executive for Good Reason. Executive’s employment with the Company may be terminated by Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5for Good Reason, Executive shall will be entitled to receive the same benefits as if his employment had been terminated by involuntarily under Article I, Section 5. Any benefits provided under this section are conditioned on Executive satisfying the Company without Cause under Section 4.4 (subject to the provisions and conditions Good Reason requirements set forth herein). For purpose of below in this Section 4.56 and meeting the requirements for a satisfactory release as set forth in Article III, the term “Good Reason” means any of the following:Section 2.

Appears in 1 contract

Samples: Employment Agreement (Mueller Water Products, Inc.)

Termination by Executive for Good Reason. (a) The Executive’s 's employment with the Company may be terminated by the Executive for Good Reason (as defined below). If Executive terminates his in Subsection 1.2(c) herein. (b) In the event the Executive's employment pursuant to is terminated under this Section 4.53.3, Executive shall be entitled to receive the same benefits as if his employment had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth herein). For purpose of this Section 4.5, the term “Good Reason” means any of the following:Subsections 3.2(b) through (e) will apply.

Appears in 1 contract

Samples: Employment Agreement (Amoco Corp)

Termination by Executive for Good Reason. Executive’s Executive may resign from and terminate his employment with the Company may be terminated by Executive for Good Reason (as defined belowherein). If Executive terminates his employment pursuant to this Section 4.5resigns for Good Reason, Executive shall be entitled to receive the same Base Salary and benefits as if his employment had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth hereinin Section 2.1 and Section 2.2(a). For purpose , respectively, through the effective date of this such termination, and such post termination benefits as are specified in Section 4.52.2(b) or 2.2(c), the term “Good Reason” means any of the following:as

Appears in 1 contract

Samples: Employment Agreement (Westell Technologies Inc)

Termination by Executive for Good Reason. Executive may at any time terminate his employment hereunder immediately for Good Reason. If the Executive’s 's employment with the Company may be is terminated by the Executive for Good Reason (as defined below). If Executive terminates his employment pursuant to this Section 4.5Reason, the Executive shall be entitled to receive the same payments and benefits as if his employment had been terminated by the Company without Cause under Section 4.4 (subject to the provisions and conditions set forth hereincalled for in Article IV .3(b). For purpose of this Section 4.5, the term “Good Reason” means any of the following:.

Appears in 1 contract

Samples: Executive Employment Agreement (First Aviation Services Inc)

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