Resignation With or Without Good Reason. Executive may, upon one (1) month’s written notice to Inspire, terminate Executive’s employment at any time for no reason or may, at any time, terminate Executive’s employment for Good Reason (as defined below). Upon receiving such notice, Inspire may, in its sole discretion, opt not to have Executive provide active employment services during some or all of the notice period, and place Executive on a paid leave of absence for some or all of the notice period. If Inspire exercises this option, it shall not convert the resignation to a termination by Inspire. For purposes of this paragraph, “Good Reason” shall mean:
Appears in 1 contract
Sources: Executive Employment Agreement (Inspire Medical Systems, Inc.)
Resignation With or Without Good Reason. Executive may, upon one two (12) month’s weeks’ written notice to Inspire, terminate Executive’s employment at any time for no reason or may, at any time, terminate Executive’s employment for Good Reason (as defined below). Upon receiving such notice, Inspire may, in its sole discretion, opt not to have Executive provide active employment services during some or all of the notice period, and place Executive on a paid leave of absence for some or all of the notice period. If Inspire exercises this option, it shall not convert the resignation to a termination by Inspire. For purposes of this paragraph, “Good Reason” shall mean:
Appears in 1 contract
Sources: Executive Employment Agreement (Inspire Medical Systems, Inc.)