Employer Breach definition
Examples of Employer Breach in a sentence
Executive may upon written notice to the Corporation terminate this Agreement (including paragraphs 8, 9, 10 and 11) in the event of the breach by the Corporation of any material provision of this Agreement, and if such breach is susceptible of cure, the failure to effect such cure within 20 days after written notice of such breach is given to the Corporation (an "Employer Breach").
Within thirty (30) days after notification that this Agreement has been terminated, the terminating party shall deliver to the other party hereto a written explanation, which shall specify in reasonable detail the basis for such termination and shall indicate whether termination is being made for Cause, Without Cause or for Disability (if Employer has terminated the Agreement) or for Employer Breach or Without Good Reason (if Executive has terminated the Agreement).
Termination "Without Good Reason" shall mean termination of the Executive's employment by the Executive other than termination for Employer Breach or resulting from the death of Executive.
If the Executive terminates his employment for Employer Breach based upon a material reduction by Employer of the Executive's Salary, then for purposes of this subsection 6.2(d), the Executive's Salary as of the Date of Termination shall be deemed to be the Executive's Salary immediately prior to the reduction that the Executive claims as grounds for Employer Breach.
Within thirty (30) days after notification that the Agreement has been terminated, the terminating party shall deliver to the other party hereto a written explanation, which shall state in reasonable detail the basis for such termination and shall indicate whether termination is being made for Cause, Without Cause or for Disability (if Employer has terminated the Agreement) or for Employer Breach or Without Good Reason (if the Executive has terminated the Agreement).
The Executive may terminate his employment hereunder for Employer Breach.
The termination of this Agreement by Executive by reason of Employer Breach shall not constitute a waiver by Executive of any of his rights to compensation of any kind hereunder.
Termination "Without Good Reason" shall mean termination of the Executive's employment by the Executive other than termination for Employer Breach.
Executive may upon written notice to the Corporation terminate this Agreement (a termination for "Employer Breach") in the event of the breach by the Corporation of any material provision of this Agreement and if such breach and is susceptible of cure, the failure to effect such cure within 30 days after written notice of such breach is given to the Corporation.
Executive may upon written notice to the Corporation terminate this Agreement (a termination for "Employer Breach") in the event of the breach by the Corporation of any material provision of this Agreement and if such breach is susceptible of cure, the failure to effect such cure within 30 days after written notice of such breach is given to the Corporation.