Document ID: 11306

Text:
(d)Termination by Founder for Cause. The Founder shall have the right to terminate this Agreement in the event of (i) the Employer's intentional breach of any covenant or term of this Agreement, but only if the Employer fails to cure such breach within twenty (20) days following the receipt of notice from Founder setting forth the conditions giving rise to such breach; (ii) an assignment to the Founder of any duties inconsistent with, or a significant change in the nature or scope of, the Founder 's authorities or duties from those authorities and duties held by the Founder as of the date hereof and as increased from time to time in accordance with the terms of Section 1.3; or (iii) the failure by the Employer to obtain the assumption of the commitment to perform this Agreement by any successor corporation.

Named Entities:

Tokenized Text:
(
d
)
Termination
by
Founder
for
Cause
.
The
Founder
shall
have
the
right
to
terminate
this
Agreement
in
the
event
of
(
i
)
the
Employer
'
s
intentional
breach
of
any
covenant
or
term
of
this
Agreement
,
but
only
if
the
Employer
fails
to
cure
such
breach
within
twenty
(
20
)
days
following
the
receipt
of
notice
from
Founder
setting
forth
the
conditions
giving
rise
to
such
breach
;
(
ii
)
an
assignment
to
the
Founder
of
any
duties
inconsistent
with
,
or
a
significant
change
in
the
nature
or
scope
of
,
the
Founder
'
s
authorities
or
duties
from
those
authorities
and
duties
held
by
the
Founder
as
of
the
date
hereof
and
as
increased
from
time
to
time
in
accordance
with
the
terms
of
Section
1
.
3
;
or
(
iii
)
the
failure
by
the
Employer
to
obtain
the
assumption
of
the
commitment
to
perform
this
Agreement
by
any
successor
corporation
.