Good Reason Event. In the event Participant believes a Good Reason event has been triggered, Participant must give the Board written notice of the purported Good Reason event within ten (10) business days of the first occurrence of such triggering event. The Company shall have the right to cure such purported Good Reason event within thirty (30) days of receipt of said notice. To the extent that the Company does not cure such event within this thirty (30) day period, Participant shall be required to terminate his Employment within thirty (30) days thereafter in order to have his termination of Employment treated as a Good Reason termination hereunder.
Appears in 2 contracts
Sources: Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Performance Based Restricted Stock Unit Agreement (Hanover Insurance Group, Inc.)