Common use of Termination of Employment for Good Reason Clause in Contracts

Termination of Employment for Good Reason. If (1) during the term of this Agreement and within one (1) year immediately following a Change of Control or within six (6) months immediately prior to such Change of Control, the status, character, capacity, location, or circumstances of Executive's employment as provided in paragraphs 2, 3, 4 and 6 of this Agreement have been materially and adversely altered by Employers, whether by (i) any material breach of this Agreement by Employers (including the failure of Bank to comply with paragraphs 2, 3, 4, 5 and 6 of this Agreement); (ii) any material and adverse change in the status, responsibilities or prerequisites of Executive; (iii) any assignment of duties materially and adversely inconsistent with Executive's position and duties described in this Agreement; or (iv) the failure of Employers to assign this Agreement to a successor in interest or the failure of the successor in interest to explicitly assume and agree to be bound by this Agreement,

Termination of Employment for Good Reason. If (1) during the term of this Agreement and within one (1) year immediately following a Change of Control or within six (6) months immediately prior to such Change of Control, the status, character, capacity, location, or circumstances of Executive's employment as provided in paragraphs 2, 3, 4 and 6 of this Agreement have been materially and adversely altered by EmployersEmployer, whether by (i) any material breach of this Agreement by Employers Employer (including the failure of Bank Employer to comply with paragraphs 2, 3, 4, 5 and 6 of this Agreement); (ii) any material and adverse change in the status, responsibilities or prerequisites of Executive; (iii) any assignment of duties materially and adversely inconsistent with Executive's position and duties described in this Agreement; or (iv) the failure of Employers Employer to assign this Agreement to a successor in interest or the failure of the successor in interest to explicitly assume and agree to be bound by this Agreement,