Common use of By the Executive Clause in Contracts

By the Executive. The Executive may terminate the Employment at any time with a prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 46 contracts

Samples: Employment Agreement (Decent Holding Inc.), Employment Agreement (Decent Holding Inc.), Employment Agreement (NetClass Technology Inc)

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By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 1 months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 26 contracts

Samples: Employment Agreement (TD Holdings, Inc.), Employment Agreement (TD Holdings, Inc.), Employment Agreement (Bit Digital, Inc)

By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 3 months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 16 contracts

Samples: Employment Agreement (TuanChe LTD), Employment Agreement (Meiwu Technology Co LTD), Employment Agreement (Meiwu Technology Co LTD)

By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 13 contracts

Samples: Employment Agreement (Dunxin Financial Holdings LTD), Employment Agreement (Color Star Technology Co., Ltd.), Employment Agreement (Huitao Technology Co., Ltd.)

By the Executive. The Executive may terminate the Employment at any time with a prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary that he she is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 6 contracts

Samples: Employment Agreement (Park Ha Biological Technology Co., Ltd.), Employment Agreement (Park Ha Biological Technology Co., Ltd.), Employment Agreement (Park Ha Biological Technology Co., Ltd.)

By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salarysalary before the next annual salary review. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary cash compensation that he he/she is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 3 contracts

Samples: Employment Agreement (Vipshop Holdings LTD), Employment Agreement (Xunlei LTD), Employment Agreement (RDA Microelectronics, Inc.)

By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary that he or she is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 3 contracts

Samples: Employment Agreement (Greenland Technologies Holding Corp.), Employment Agreement (Greenland Technologies Holding Corp.), Employment Agreement (Greenland Technologies Holding Corp.)

By the Executive. The Executive may terminate the Employment at any time with a prior written notice to the Company, if (1) there this is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there this is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 2 contracts

Samples: Employment Agreement (TMSR HOLDING Co LTD), Employment Agreement (TMSR HOLDING Co LTD)

By the Executive. The Executive Officer may terminate the Employment employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the ExecutiveExecutive Officer’s authority, duties and responsibilities, or (2) there is a material reduction in the ExecutiveExecutive Officer’s annual salary. Upon the ExecutiveExecutive Officer’s termination of the Employment employment due to either of the above reasons, the Company shall provide compensation to the Executive Officer equivalent to 12 one months of the ExecutiveExecutive Officer’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement Expiration Date if such resignation is approved by the Board board of director of the Company or an alternative arrangement with respect to the Employment employment is agreed to by the Board.

Appears in 2 contracts

Samples: Executive Officer Agreement (Carbon Zero Technologies International Inc.), Executive Officer Agreement (Wetouch Technology Inc.)

By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 twelve (12) months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 2 contracts

Samples: Employment Agreement (China Commercial Credit Inc), Employment Agreement (China Commercial Credit Inc)

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By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction any significant change in the Executive’s authority, duties authorities and responsibilitiesresponsibilities inconsistent in any material and adverse respect with his/her title and position, or (2) there is a material reduction in the Executive’s annual salarysalary before the next annual salary review. Upon the Executive’s termination of the Employment due to either of the above reasonsUnder such circumstances, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s base salary that he is entitled to immediately prior to such terminationthe same severance benefits as in the situation of termination by the Company without cause as set forth in Section 8(a) above. In addition, the Executive may resign prior to the expiration of the this Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 1 contract

Samples: Employment Agreement (AutoNavi Holdings LTD)

By the Executive. The Executive may terminate the Employment at any time with a prior written notice to the Companytime, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 1 months of the Executive’s base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign at any time prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 1 contract

Samples: Employment Agreement (Happiness Development Group LTD)

By the Executive. The Executive may terminate the Employment at any time with a one-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salary. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 3 months of the Executive’s base salary that he she is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 1 contract

Samples: Employment Agreement (Sino Fortune Holding Corp)

By the Executive. The Executive may terminate the Employment at any time with a prior written notice to the Company, if (1) there is a material reduction in the Executive’s 's authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s 's annual salary. Upon the Executive’s 's termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 months of the Executive’s 's base salary that he is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board.

Appears in 1 contract

Samples: Employment Agreement (Advanced Biomed Inc.)

By the Executive. The Executive may terminate the Employment at any time with a two-month prior written notice to the Company, if (1) there is a material reduction in the Executive’s authority, duties and responsibilities, or (2) there is a material reduction in the Executive’s annual salarysalary before the next annual salary review. Upon the Executive’s termination of the Employment due to either of the above reasons, the Company shall provide compensation to the Executive equivalent to 12 three months of the Executive’s base salary cash compensation that he he/she is entitled to immediately prior to such termination. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation is approved by the Board or an alternative arrangement with respect to the Employment is agreed to by the Board, and the Executive shall not be entitled to any severance payments or benefits upon his/her voluntary resignation.

Appears in 1 contract

Samples: Employment Agreement (AdChina Ltd.)

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