Termination by the Executive Contract Clauses (43)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Termination by the Executive clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Termination by the Executive. 10.1 Without Good Reason. Any termination of the employment of the Executive hereunder other than as a result of an Involuntary Termination, a Termination for Cause, a Termination without Cause or a Termination for Good Reason (as defined below) will be referred to hereinafter as a "Voluntary Termination". A Voluntary Termination will be deemed to be effective following reasonable notice hereof. 10.2 With Good Reason. The Executive may terminate the services of such Executive hereunder at any ti...me for Good Reason by giving the Company written notice of such termination, provided that such notice specifies: (i) the basis for termination and (ii) the effective date of termination (such termination being hereinafter referred to as a "Termination for Good Reason"). For purposes of this Agreement, the term "Good Reason" shall mean (a) any material diminution of the Executive's duties or responsibilities hereunder (except in each case in connection with the Termination for Cause or pursuant to Section 7.1) or the assignment to the Executive of duties or responsibilities that are materially inconsistent with the Executive's then current position; (b) any material breach of the Agreement by the Company which is not cured within ten (10) business day days after written notice thereof is given to the Company; or (c) a relocation of the Executive (other than any relocation requested by the Executive) from the place of initial assignment of the Executive by the Company to a location more than thirty (30) kilometers from such location, other than on a temporary basis not to exceed a period equal to six (6) calendar months. View More
Found in LianBio contract
Termination by the Executive. 10.1 9.1 Without Good Reason. Any termination of the employment service of the Executive hereunder other and under the Service Agreement otherwise than as a result of an Involuntary Termination, a Termination for Cause, a Termination without For Cause or a Termination for Good Reason (as defined below) Without Cause will be referred to hereinafter as a "Voluntary Termination". A Voluntary Termination will be deemed to be effective following reasonable notice hereof. 10.2 by the appropriate party... 9.2 With Good Reason. The Executive may terminate the services of such Executive hereunder and under the Service Agreement at any time for Good Reason (as defined below) by giving the Company written notice of such termination, provided that such notice specifies: (i) the basis for termination and (ii) the effective date of termination (such termination being hereinafter referred to as a "Termination for Good Reason"). For purposes of this Agreement, the term "Good Reason" shall mean (a) (x) any material diminution of the Executive's duties or responsibilities hereunder (except in each case in connection with the Termination for Cause or pursuant to Section 7.1) as a result of the Executive's death or disability), or, the assignment to the Executive of duties or responsibilities that are materially inconsistent with the Executive's then current position; (b) (y) any material breach of the Agreement by the Company which is not cured within ten (10) 15 business day days after written notice thereof is given to the Company; or (c) (z) a relocation of the Executive (other than any relocation requested by the Executive) from the place of initial assignment of the Executive by the Company Company's principal office to a location more than thirty (30) kilometers 35 miles from such location, the location of the Company's principal office as of the Commencement Date, other than on a temporary basis not to exceed a period equal to six (6) two calendar months. View More
Found in GLYCOMIMETICS INC contract
View Variation
Termination by the Executive. The Executive may terminate his employment with the Company (a) for Good Reason (as defined below) or (b) without Good Reason, in each case, upon not less than thirty (30) days prior written notice to the Company; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive. Termination of the Executive's employment by the Executive shall terminate the Employment Term ...but shall not affect the Executive's obligations under Section 9 hereof, which obligations shall remain in effect for the period therein provided. As used herein, "Good Reason" means (i) any reduction in the Executive's Base Salary, (ii) any material reduction to the Executive's employment duties and responsibilities, (iii) any material breach by the Company of any material term of this Agreement, other than a breach which is remedied by the Company within 10 days after receipt of written notice given by the Executive, (iv) a change in the Executive's direct reporting duty to a person other than the CEO of the Company or the Board of Directors; or (v) the relocation of the Executive's principal office to a location more than fifty (50) miles from Frisco, Texas. View More
Found in Addus HomeCare Corp contract
Termination by the Executive. The Executive may terminate his employment with the Company (a) for Good Reason (as defined below) or (b) without Good Reason, in each case, upon not less than thirty (30) days prior written notice to the Company; provided, however, that after the receipt of such notice, the Company may, in its discretion accelerate the effective date of such termination at any time by written notice to the Executive. Termination of the Executive's employment by the Executive shall terminate the Employment Term ...Term, but shall not affect the Executive's obligations under Section 9 hereof, which obligations shall remain in effect for the period therein provided. As used herein, "Good Reason" means (i) any reduction in the Executive's Base Salary, (ii) any material reduction to the Executive's employment duties and responsibilities, (iii) removal by the Company of the Executive as Chief Executive Officer or as a member of the Board, (iv) any material breach by the Company of any material term of this Agreement, other than a breach which is remedied by the Company within 10 days after receipt of written notice given by the Executive, (iv) (v) a change in the Executive's direct reporting duty to a person other than the CEO of the Company or the Board of Directors; or (v) Directors, (vi) the relocation of the Executive's principal office to a location more than fifty (50) miles from Frisco, Texas. Texas, or (vii) if both (x) by any means Addus HomeCare becomes a direct or indirect wholly-owned subsidiary of a single operating company or other entity (the "Operating Company") and (y) the Executive is not employed as the Chief Executive Officer and a member of the board of directors (or other analogous governing body) of the Operating Company. View More
Found in Addus HomeCare Corp contract
View Variation
Termination by the Executive. (a) At his option, and provided the foregoing occurrences satisfy "Good Reason" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), and Section 1.409A-1(n)(2)(ii) of the Treasury Regulations promulgated thereunder, the Executive may terminate his employment without any breach of this Agreement only under the following circumstances: (i) In the event of a material breach of the Agreement by the Company, which breach, if curable, is not cured within th...irty (30) days after written notice specifying such breach; (ii) If the Executive is required to be based and essentially render services in other than the New York City metropolitan area at the principal office of the Company in such area; or (iii) A material diminution in the Executive's job description, title, authority, duties or responsibility. (b) Any Good Reason termination of his employment by the Executive shall be communicated by a written Notice of Termination to the Company within ninety (90) days of the condition giving rise to such Good Reason first occurring, and the Company shall have thirty (30) days from such notice to cure the condition giving rise to such Good Reason, as set forth in Section 1.409A-1(n)(2)(C) of the Treasury Regulations. View More
Found in News Corp. contract
Termination by the Executive. (a) At his the Executive's option, and provided the foregoing occurrences satisfy "Good Reason" within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), and Section 1.409A-1(n)(2)(ii) of the Treasury Regulations promulgated thereunder, the Executive may terminate his the Executive's employment without any breach of this Agreement only under the following circumstances: (i) In in the event of a material breach of the Agreement by the Company, which breach,... if curable, is not cured within thirty (30) days after the Chief Human Resources Officer and the Chief Executive Officer of the Company each receive written notice specifying such breach; (ii) If if the Executive is required to be based and essentially render services in areas other than within 50 miles of the New York City metropolitan area at the principal office of the Company in such area; or (iii) A if there is a material diminution in the Executive's job description, title, authority, duties or responsibility. thereby diminishing the Executive's role. (b) Any Good Reason termination of his the Executive's employment by the Executive shall be communicated by a written Notice of Termination to the Company within ninety (90) days of the condition giving rise to such Good Reason first occurring, and the Company shall have thirty (30) days from such notice to cure the condition giving rise to such Good Reason, as set forth in Section 1.409A-1(n)(2)(C) of the Treasury Regulations. View More
Found in News Corp. contract
View Variation