Termination By the Executive For a Good Reason Condition Sample Clauses

Termination By the Executive For a Good Reason Condition. Notwithstanding anything to the contrary herein, in the event that the Executive provides notice to the Company of his intent to terminate his employment based upon a Good Reason Condition pursuant to paragraph 6.1.1, the Company shall promptly notify the Special Committee and, if the Company does not cure the Good Reason Condition in accordance with paragraph 6.1.1, the Special Committee may cause the MLP Employer to offer the Executive a position with and/or base salary from the MLP Employer that, along with assignment of this Agreement to the MLP Employer, would cure such Good Reason Condition within the time frame specified in paragraph 6.1.1 and, in such event, the Company shall assign this Agreement to the MLP Employer effective as of the proposed Termination Date or such earlier date as the parties may agree. If the Special Committee declines to cause the MLP Employer to accept an assignment of this Agreement and offer the Executive a position with or base salary from the MLP Employer that would cure such Good Reason Condition within the time frame specified in paragraph 6.1.1, the Executive may terminate his employment effective as of the proposed Termination Date and the Company shall have no obligation to any party under this Agreement except as provided in paragraph 6.1.1.
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Related to Termination By the Executive For a Good Reason Condition

  • Termination by the Executive for Good Reason Termination by the Executive of the Executive’s employment with the Company for Good Reason. For purposes of this Agreement, “Good Reason” shall mean that the Executive has complied with the “Good Reason Process” (hereinafter defined) following, the occurrence of any of the following events:

  • Resignation by the Executive for Good Reason The Executive shall have the right to terminate his employment for Good Reason by written notice to the Company specifying the particulars of the circumstances forming the basis for such Good Reason.

  • Termination by the Employee for Good Reason The Employee may terminate this Agreement at any time upon the occurrence of any of the following events (each a "Good Reason"), if such occurrence takes place without the express written consent of the Employee:

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • Termination by the Executive Without Good Reason The Executive may terminate his employment on his own initiative for any reason upon 30 days’ prior written notice to the Company; provided, however, that during such notice period, the Executive shall reasonably cooperate with the Company (at no cost to the Executive) in minimizing the effects of such termination on the Company Group. Such termination shall have the same consequences as a termination for Cause under Section 6.2.

  • Termination by the Executive other than for Good Reason The Executive may terminate this Agreement and Executive’s employment hereunder other than for Good Reason, provided that the Executive gives the Company no less than thirty (30) days prior written notice of such termination.

  • Termination by the Company without Cause; Termination by the Executive for Good Reason (a) For purposes of this Agreement, “Good Reason” shall mean, unless otherwise consented to by the Executive,

  • Termination by the Company for Cause; Termination by the Executive without Good Reason (a) For purposes of this Agreement, “

  • Termination by Employee for Good Reason Employee may terminate his employment hereunder for "Good Reason." As used herein, "Good Reason" shall mean the continuance of any of the following after ten (10) days' prior written notice by Employee to the Company, specifying the basis for such Employee's having Good Reason to terminate this Agreement:

  • By the Executive for Good Reason The Executive may terminate his employment during the Employment Period for Good Reason. For purposes of this Agreement, "Good Reason" means the following:

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