Change in Responsibilities definition

Change in Responsibilities means the occurrence of any of the following: (i) a material adverse change in the nature or scope of the Executive’s duties; (ii) any reduction in the Executive’s Base Salary; (iii) any material reduction in bonus opportunity or material withdrawal of benefits from the Executive not having general applicability to comparably situated executives; or (v) any other act which, based on objective considerations, reasonably leads the Executive to believe his employment will be terminated involuntarily within the twelve month period following a Change of Control, provided that the Executive gives written notice to Noram within ten (10) days of the claimed Change in Responsibilities occurring and the action complained of remains uncured after thirty (30) days following such notice;
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Change in Responsibilities means constructive dismissal, including the occurrence of any of the following: (i) a material adverse change in the Executive’s office of employment; (ii) any material change in the nature or scope of the Executive’s duties; (iii) any requirement, without the Executive’s agreement, to change his place of employment; (iv) any reduction in the Executive’s remuneration; (v) any material withdrawal of benefits from the Executive; or (vi) any other act which reasonably leads the Executive to believe his employment will be terminated at the end of the twelve month period following a Change of Control;
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Change in Responsibilities means that the Company's Board of Directors, in circumstances NOT involving a Change in Control, takes action so as to significantly reduce the nature or scope of Employee's authority, power, functions or duties contemplated in Paragraph 2 hereof.
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Examples of Change in Responsibilities in a sentence

  • With respect to termination of employment for Good Reason, as provided in Paragraph 6(h)(i) only (Change in Responsibilities), the unvested VC-PRSUs granted pursuant to TTEC Value Creation Program shall vest as provided in the VC Equity Agreement for termination by the Company without Cause.

  • With respect to termination of employment for Good Reason, as provided in Paragraph 6(h)(i) only (Change in Responsibilities), annual cash bonus described in Paragraph 2(b) (VIP bonus) shall be paid as provided in Paragraph 2(d), in March of the year following the relevant performance year, based on the audited results of TTEC operations for the full performance year, and prorated, in straight line, based on the actual number of days the Executive was with the business during the performance year.

  • Employee may elect to terminate his employment during the Term hereof in the event of a Change in Responsibilities.


More Definitions of Change in Responsibilities

Change in Responsibilities means a material diminution in Employee's duties or job function as described in Section II (including any definitions or modifications provided to Employee pursuant to Section II) or otherwise normally expected of or assigned to a person holding the title of Senior Vice President - General Counsel at a business of Employer's size, nature and industry.
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Related to Change in Responsibilities

  • Change in Duties means: (i) The occurrence, prior to a Change of Control or after the expiration of a Change of Control Period, of any one or more of the following: (1) a material reduction in the nature or scope of Executive’s authorities or duties from those previously applicable to him; (2) a reduction in Executive’s Annual Base Salary; (3) a material diminution in employee benefits (including, but not limited to, medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from those substantially similar to the employee benefits and perquisites provided by WRI to executives with comparable duties; or (4) a change in the location of Executive’s principal place of employment by the Company (including its subsidiaries and the Parent) by more than 60 miles from the location where he was principally employed; provided, however, that such change in the location of Executive’s principal place of employment shall not constitute a Change In Duties if the decision to relocate was mutually acceptable to Executive and the Company prior to such change in location. (ii) The occurrence, within a Change of Control Period, of any one or more of the following: (1) a material reduction in the nature or scope of Executive’s authorities or duties from those applicable to him immediately prior to the date on which a Change of Control occurs; (2) a reduction in Executive’s Annual Base Salary from that provided to him immediately prior to the date on which a Change of Control occurs; (3) a diminution in Executive’s eligibility to participate in bonus, stock option, incentive award and other compensation plans that provide opportunities to receive compensation which are the greater of (A) the opportunities provided by the Company (including its subsidiaries and the Parent) for executives with comparable duties or (B) the opportunities under any such plans under which he was participating immediately prior to the date on which a Change of Control occurs; (4) a material diminution in employee benefits (including, but not limited to, medical, dental, life insurance and long-term disability plans) and perquisites applicable to Executive from the greater of (A) the employee benefits and perquisites provided by the Company (including its subsidiaries and the Parent) to executives with comparable duties or (B) the employee benefits and perquisites to which Executive was entitled immediately prior to the date on which a Change of Control occurs; or (5) a change in the location of Executive’s principal place of employment by the Company (including its subsidiaries and the Parent) by more than 60 miles from the location where he was principally employed immediately prior to the date on which a Change of Control occurs; provided, however, that such change in the location of Executive’s principal place of employment shall not constitute a Change In Duties if the decision to relocate was mutually acceptable to Executive and the Company prior to such change in location.

  • Change in Use means altering the purpose of an existing room, within the facility, that requires structural changes.

  • Change in Management will occur if more than 50% of the Leadership Team is terminated and/or resigns within 12 months after the date of the occurrence of a Change of Control; provided, in each case, that termination and/or resignation of such officer will not include (i) a change in such officer’s status in the ordinary course of succession so long as such officer remains affiliated with the Manager or its Subsidiaries as an officer or director, or in a similar capacity, (ii) retirement of any officer or (iii) death or incapacitation of any officer.

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Change in 1940 Act Law shall have the meaning set forth in the definition of "Investment Company Event."