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Definition of Good Reason
Definition of Good Reason contract clause examples

Voluntary Termination Without Good Reason. In the event that the Executive terminates the Executive’s employment at the Executive’s own volition prior to the expiration of the Employment Term (except as provided in [Subsection 4(e)] above), such termination shall constitute a “Voluntary Termination” and in such event the Executive shall be limited to the same rights and benefits as provided in connection with a termination for Due Cause under [Subsection 4(c)] above.

Termination by the Executive Without Good Reason. The Executive may terminate his employment hereunder at any time without Good Reason.

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