By Employee Without Cause. The Employee may terminate his employment under this Agreement upon at least 120 days' prior notice to the Board of the Company. Upon termination of his employment and upon experiencing a "qualifying event", as defined in Section 4980B(f)(3) of the Internal Revenue Code of 1986, as amended, COBRA coverage shall be made available to the Employee in compliance with federal law.
Appears in 5 contracts
Samples: Employment Agreement (Cei Systems Inc), Employment Agreement (Condor Systems Inc), Employment Agreement (Condor Systems Inc)
By Employee Without Cause. The Employee may terminate his employment under this Agreement upon at least 120 days' prior notice to the Board of the Company. Upon termination of his employment and upon experiencing a "qualifying event", as defined in Section 4980B(f)(3) of the Internal Revenue Code of 1986, as amended, COBRA coverage shall be made available to the Employee in compliance with federal law.
Appears in 4 contracts
Samples: Employment Agreement (Condor Systems Inc), Employment Agreement (Condor Systems Inc), Employment Agreement (Condor Systems Inc)
By Employee Without Cause. The Employee may terminate his employment under this Agreement upon at least 120 days' ’ prior notice to the Board of the Company. Upon termination of his employment and upon experiencing a "“qualifying event"”, as defined in Section 4980B(f)(3) of the Internal Revenue Code of 1986, as amended, COBRA coverage shall be made available to the Employee in compliance with federal law.
Appears in 1 contract
