Posted On: 05/02/2013 8:10:48 AM
Post# of 43066
Re: techisbest #5356
"Good reason" is a defined term.
3.3.3 Good Reason . “Good Reason” shall mean the Employee’s termination of his employment upon the occurrence of a material reduction in the Employee’s duties, authority, or responsibilities relative to the duties, authority, or responsibilities in effect immediately prior to such reduction. Provided, however that, such termination by the Employee shall only be deemed for Good Reason pursuant to the foregoing definition if: (a) the Employee gives the Company written notice of the intent to terminate for Good Reason within thirty (30) days following the first notice to the Employee of the occurrence of the condition(s) that the Employee believes constitutes Good Reason, which notice shall describe such condition(s);and (b) the Company fails to remedy such condition(s) within thirty (30) days following receipt of the written notice.
http://www.sec.gov/Archives/edgar/data/138110...ii_jbi.htm
http://www.sec.gov/Archives/edgar/data/138110...ii_jbi.htm
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