Common use of By Employee Clause in Contracts

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options will terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, or benefits from the Company following the effective date of such termination.

Appears in 4 contracts

Samples: Employment Agreement (Black Diamond, Inc.), Employment Agreement (Black Diamond, Inc.), Employment Agreement (Clarus Corp)

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By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the The Employee may terminate this Agreement at anytime any time upon providing the Company with six weeks 90 days’ prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i7(d), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any all granted but unvested stock options will terminate and all unvested restricted stock shall be forfeited and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, or benefits from the Company following the effective date of such termination.

Appears in 3 contracts

Samples: Employment Agreement (Clarus Corp), Employment Agreement (Clarus Corp), Employment Agreement (Black Diamond, Inc.)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d10(e), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i10(e)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options and unvested restricted stock awards will terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, or benefits from the Company following the effective date of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Clarus Corp), Employment Agreement (Cadre Holdings, Inc.)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks three (3) months prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options will shall terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, or benefits from the Company following the effective date of such termination, except as provided in the last two sentences of Section 3(c) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (6D Global Technologies, Inc)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks three (3) months prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options will shall terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, or benefits from the Company following the effective date of such termination, except as provided in the last two sentences of Section 3(d) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (6D Global Technologies, Inc)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options and unvested restricted stock awards will terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, or benefits from the Company following the effective date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Black Diamond, Inc.)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the The Employee may terminate this Agreement at anytime upon providing the Company with six weeks 90 days’ prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i7(d), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any all granted but unvested stock options will terminate and unvested restricted stock shall be forfeited and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, Severance Amount or benefits from the Company following the effective date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Black Diamond, Inc.)

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By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime any time upon providing the Company with six weeks three (3) months prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options will shall terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, or benefits from the Company following the effective date of such termination, except as provided in the last two sentences of Section 3(c) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (6D Global Technologies, Inc)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options Stock Options will terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, or benefits from the Company following the effective date of such termination, except as provided in Section 3(d) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Clarus Corp)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks at least 90 days prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits her Accrued Payments through the effective date of such termination, any unvested stock options will and any unvested restricted stock awards shall terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, restricted stock awards or benefits from the Company following the effective date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Black Diamond, Inc.)

By Employee. (i) Subject to the provisions of clause (ii) of this Section 7(d), the Employee may terminate this Agreement at anytime upon providing the Company with six weeks one year prior written notice. If this Agreement is terminated by the Employee pursuant to this Section 7(d)(i), then the Employee shall be entitled to receive his accrued Base Compensation and benefits through the effective date of such termination, any unvested stock options will shall terminate and be null and void and the Employee shall have no further entitlement to Base Compensation, bonus, stock options, or benefits from the Company following the effective date of such termination, except as provided in the last two sentences of Section 3(c) of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Black Diamond, Inc.)

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