JCPenney 2015 Annual Report Download - page 127

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resulting from any of the actions listed below taken by the Company
that is directed at You without Your consent:
(a) a material decrease in Your salary or incentive compensation
opportunity (the amount paid at target as a percentage of
salary under the Corporation’s Management Incentive
Compensation Program or any successor program then in
effect); or
(b) failure by the Company to pay You a material portion of Your
current base salary, or incentive compensation within seven
days of its due date; or
(c) a material adverse change in reporting responsibilities, duties,
or authority; or
(d) a material diminution in the authority, duties, or
responsibilities of the supervisor to whom You are required to
report without a corresponding increase in Your authority,
duties or responsibilities; or