Common use of Cause or Voluntary Resignation Clause in Contracts

Cause or Voluntary Resignation. In the event of Executive’s voluntary resignation without Good Reason or termination for Cause, Executive shall only be entitled to their Accrued Amounts (as defined in Section 13.1 above) and such other amounts as may be provided for under the Company’s plans. Executive shall provide FELLC with 6 months’ written notice of any voluntary termination without Good Reason, but FELLC may waive any portion of such notice period.

Cause or Voluntary Resignation. In the event of Executive’s voluntary resignation without Good Reason or termination for Cause, Executive shall only be entitled to their Accrued Amounts (as defined in Section 13.1 above) and such other amounts as may be provided for under the Company’s plans. Executive shall provide FELLC with 6 12 months’ written notice of any voluntary termination without Good Reason, but FELLC may waive any portion of such notice period.