Specified Reason definition

Specified Reason means Retirement, Total and Permanent Disablement, Redundancy or death;
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Specified Reason means termination of your employment by reason of your resignation or by the Company for a reason specified in clause 15.3 for any other reason entitling the Company to terminate your employment summarily; and
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Specified Reason means Retirement, Permanent Disablement, Redundancy or death;
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Examples of Specified Reason in a sentence

  • If this Agreement is terminated by the Board of Directors of AMCE pursuant to Section 6.4 for a Specified Reason or Without Cause, DI shall pay and be responsible for all of its Expenses and 50% of AMCE's Expenses.

  • If the Merger is not consummated for any reason (other than as a result of the Board of Directors of AMCE terminating this Agreement pursuant to Section 6.4 for a Specified Reason (as defined below) or Without Cause (as defined below)), DI shall pay and be responsible for all of its Expenses and all of AMCE's Expenses.


More Definitions of Specified Reason

Specified Reason means Methodist is in an material breach of the License Agreement that would allow the Company to terminate the License Agreement in accordance with its terms and the Company is not in material breach of the License Agreement, unless before the end of the thirty (30) day period following written notice from the Company to Methodist of such material breach (the “Outside Date”), Methodist has cured the breach and so notifies the Company, stating the manner of the cure.
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Specified Reason means Retirement, Disability, Redundancy or death.
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Specified Reason means any of the following bases for a determination by the Board of Directors of AMCE to terminate this Agreement pursuant to Section 6.4: (i) that it is in the best interests of AMCE to pursue an unrelated transaction and the transactions contemplated by this Agreement would adversely impact such unrelated transaction, (ii) that a condition set forth in Sections 4.5 or 4.6 hereof has failed due to facts or circumstances unknown on the date of this Agreement to, and beyond the control of, AMCE, DI or any member of the ▇▇▇▇▇▇▇ Family, (iii) that a condition set forth in Section 4.7 has failed (unless DI or any member of the ▇▇▇▇▇▇▇ Family is a plaintiff (or is otherwise involved in a role adverse to AMCE, the Board of Directors of AMCE or the Special Committee) in any litigation, action or proceeding described therein), or (iv) that a condition set forth in Section 4.15 has failed as a result of facts or circumstances unknown on the date of this Agreement to, and beyond the control of, AMCE, DI or any member of the ▇▇▇▇▇▇▇ Family and (y) "WITHOUT CAUSE" shall mean a determination of the Board of Directors of AMCE to terminate this Agreement pursuant to Section 6.4 without having a reasonable basis for such action.
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Specified Reason means retirement, total and permanent disablement , redundancy or death, as those terms are defined in the Plan.
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Related to Specified Reason

  • For Good Reason as defined in Section 6.4.

  • Voluntary Termination for Good Reason means the Employee voluntarily resigns after the occurrence of any of the following (i) without the Employee’s express written consent, a material reduction of the Employee’s duties, title, authority or responsibilities, relative to the Employee’s duties, title, authority or responsibilities as in effect immediately prior to such reduction, or the assignment to Employee of such reduced duties, title, authority or responsibilities; provided, however, that a reduction in duties, title, authority or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Senior Vice-President of a business unit of the Company remains as such following a Change of Control) shall not by itself constitute grounds for a “Voluntary Termination for Good Reason;” (ii) without the Employee’s express written consent, a material reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) a reduction by the Company in the base salary of the Employee as in effect immediately prior to such reduction; (iv) a material reduction by the Company in the aggregate level of employee benefits, including bonuses, to which the Employee was entitled immediately prior to such reduction with the result that the Employee’s aggregate benefits package is materially reduced (other than a reduction that generally applies to Company employees); (v) the relocation of the Employee to a facility or a location more than thirty-five (35) miles from the Employee’s then present location, without the Employee’s express written consent; (vi) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 7(a) below; or (vii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee.

  • Termination for Good Reason means a Termination of Employment during the Employment Period by Executive for Good Reason.

  • Good Reason Event means (1) fraud, criminal conduct or willful misconduct by or on the part of the Company, (2) a representation or warranty made by the Company herein proving to be untrue in any material respect, or (3) a default in the due performance or observance by the Company of any covenant or agreement contained in this Agreement and such default continuing unremedied for a period of 30 days after written notice thereof to the Company by the Dealer Manager.

  • Good Reason means: