DEFINITION OF CONSTRUCTIVE DISCHARGE Clause Samples

DEFINITION OF CONSTRUCTIVE DISCHARGE. Executive's resignation from employment with StarMedia shall be a "constructive discharge" if (i) Executive resigns because StarMedia has made a material reduction in Executive's salary or benefits or otherwise has breached the terms of this Agreement and such breach has not been cured within ten (10) days after Executive has provided notice thereof to StarMedia, or (ii) the Executive's office is relocated more than 50 miles from the Executive's present office.
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DEFINITION OF CONSTRUCTIVE DISCHARGE. For purposes of this ------------------------------------- Agreement, the term "Constructive Discharge" shall mean that one of the following events occurs:
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DEFINITION OF CONSTRUCTIVE DISCHARGE. For all purposes under this -- ------------------------------------ letter agreement, "Constructive Discharge" shall mean that following one of the following events, you resign from the Company:
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DEFINITION OF CONSTRUCTIVE DISCHARGE. Executive's resignation from employment with the Company shall be a "constructive discharge" if Executive resigns because the Board has made a material reduction in Executive's salary or benefits which are not also required of all other senior executives.
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Related to DEFINITION OF CONSTRUCTIVE DISCHARGE

  • Definition of Change of Control For purposes of this Agreement, “Change of Control” shall mean:

  • Definition of Change in Control For purposes of the Agreement, a “Change in Control” shall mean the occurrence of any one of the following events:

  • Definition of Cause For all purposes under this Agreement, “Cause” shall mean any of the following:

  • Constructive Discharge If at any time during the term of this Agreement, except in connection with a termination pursuant to paragraph (c) (TERMINATION FOR CAUSE) of this Section 5, the Executive is Constructively Discharged (as hereinafter defined) then the Executive shall have the right, by written notice to the Employer within sixty (60) days of the initial existence of such Constructive Discharge condition, to terminate his services hereunder, effective as of the thirtieth (30th) day after such notice, and the Executive shall have no rights or obligations under this Agreement other than as provided in Sections 4 and 8 hereof; provided, however, the Employer shall have thirty (30) days from the date of such notice in which to cure the condition giving rise to a Constructive Discharge, if curable. If, during such thirty (30) day period, the Employer cures the condition giving rise to Constructive Discharge, then the Executive’s notice of termination hereunder shall not be effective, the Executive’s employment shall continue until otherwise terminated under this Agreement, and no benefits shall be due under this Agreement with respect to such occurrence. If the Employer fails to cure the condition giving rise to Constructive Discharge within such thirty (30) day period, the Executive shall be entitled to a lump sum payment of compensation and benefits and continuation of all plans and benefits as if such termination of his employment was pursuant to subparagraph (a)(i) of this Section 5 to be paid within thirty (30) days of the Executive’s termination of employment. (i) For purposes of this Agreement, the Executive shall be “Constructively Discharged” upon the occurrence of any one of the following events: (A) The Executive is not re-elected or is removed from the positions with the Employer or any affiliate set forth in Section 1 hereof, other than as a result of the Executive’s election or appointment to positions of equal or superior scope and responsibility; or (B) The Executive shall fail to be vested by the Employer with the powers and authority of his appointed office; or (C) The Employer changes the primary employment location of the Executive to a place that is more than thirty (30) miles from the primary employment location as of the Effective Date of this Agreement; or (D) The Employer otherwise commits a material breach of its obligations under this Agreement.

  • Definition of Good Reason For purposes hereof, “Good Reason” shall mean: