Constructive Termination means:
Constructive Termination means any one or more of the following:
Constructive Termination means that Executive voluntarily terminates employment after any of the following are undertaken without Executive's express written consent:
Examples of Constructive Termination in a sentence
You hereby acknowledge and agree that your removal as Chief Executive Officer of CrossFirst and CrossFirst Bank and your appointment as President and Executive Vice Chairman of the Board reporting to the CEO of the Surviving Corporation and as Chief Executive Officer of Busey Bank, reporting to the Executive Chairman of the Bank Board at the Closing Date, and the associated changes resulting from the Succession Plan will not give rise to a Constructive Termination (as defined in the Severance Plan).
More Definitions of Constructive Termination
Constructive Termination means the voluntary termination of employment by the Employee following a Change in Duties following a Change of Control.
Constructive Termination means any of the following:
Constructive Termination means a resignation of employment and termination of this Agreement by Executive for one or more of the following reasons:
Constructive Termination means, unless otherwise provided in the applicable award agreement, the grantee’s resignation of employment with the Company within ninety (90) days of the occurrence of any of the following: (i) a material reduction in the grantee’s responsibilities; (ii) a material reduction in the grantee’s base salary; or (iii) a relocation of the grantee’s principal office to a location more than 50 miles from the location of the grantee’s existing principal office.
Constructive Termination means any circumstance by which the actions of the Company either reduce or change Executive's title, position, duties, responsibilities or authority to such an extent or in such a manner as to relegate Executive to a position not substantially similar to that which he presently holds; would degrade, embarrass or otherwise make it unreasonable for Executive to remain in the employment of the Company; and includes violation of the employment provisions and conditions of this Agreement.
Constructive Termination means a voluntary termination of employment by Participant after one of the following is undertaken without Participant’s express written consent:
Constructive Termination means any of the following: any breach by the Company of any material provision of this Agreement, including, without limitation, the assignment to the Executive of duties inconsistent with his position specified in Section 2.01 hereof or any breach by the Company of such Section, which is not cured within 60 days after written notice of same by Executive, describing in detail the breach asserted and stating that it constitutes notice pursuant to this Section 5.04.