BY EMPLOYEE FOR CAUSE. The Employee shall have the right to terminate his employment under this Agreement for cause immediately upon sending written notice to the Company in the event the Company fails, within thirty (30) days of written notice from the Employee, to cure any breach of its obligations under this Agreement.
Appears in 3 contracts
Samples: Employment Agreement (5th Avenue Channel Corp), Employment Agreement (5th Avenue Channel Corp), Employment Agreement (5th Avenue Channel Corp)
BY EMPLOYEE FOR CAUSE. The Employee shall have the right to terminate his employment under this Agreement for cause immediately upon sending written notice to the Company in the event the Company fails, within thirty (30) days of written notice from the Employee, to cure any material breach of its obligations under this Agreement. If the Employee terminates this Agreement pursuant to this provision, the Company shall pay the Employee one million dollars ($1,000,000.00) within ten (10) days of the effective date of this Agreement's termination.
Appears in 2 contracts
Samples: Employment Agreement (Chicken Kitchen Corp), Employment Agreement (Chicken Kitchen Corp)
BY EMPLOYEE FOR CAUSE. The Employee shall have the right to terminate his employment under this Agreement for cause immediately upon sending written notice to the Company in the event the Company fails, within thirty (30) days of written notice from the Employee, to cure any breach of its obligations under this Agreement.
Appears in 1 contract
Samples: Employment Agreement (Ocean Optique Distributors Inc)
