Common use of Effect of Termination by Employee Clause in Contracts

Effect of Termination by Employee. If Employee terminates his employment pursuant to SECTION 7.5 hereof - (a) Employee shall be entitled to accrued base salary under SECTION 3.1 and accrued vacation pay and other paid time off, each through the date of termination; (b) Employee shall be entitled to reimbursement for expenses accrued through the date of termination in accordance with the provisions of SECTION 4.1 hereof; and (c) Except as provided in ARTICLE XI, this Agreement shall thereupon be of no further force and effect.

Appears in 5 contracts

Samples: Employment Agreement (Z Tel Technologies Inc), Employment Agreement (Z Tel Technologies Inc), Employment Agreement (Z Tel Technologies Inc)

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Effect of Termination by Employee. If Employee terminates his Employee’s employment pursuant to SECTION 7.5 hereof -Section 8.4 hereof: (a) Employee shall be entitled to accrued base salary Base Salary under SECTION Section 3.1 and accrued vacation pay and other paid time off, each through the date of termination; (b) Employee shall be entitled to reimbursement for expenses accrued through the date of termination in accordance with the provisions of SECTION 4.1 Section 4.2 hereof; , and (c) Except as provided in ARTICLE XIArticle X, this Agreement shall thereupon be of no further force and effect.

Appears in 2 contracts

Samples: Employment Agreement (Global Energy Group Inc), Employment Agreement (Global Energy Group Inc)

Effect of Termination by Employee. If Employee terminates his Employee's employment pursuant to SECTION 7.5 hereof -8.5 hereof: (a) Employee shall be entitled to accrued base salary Base Salary under SECTION 3.1 and accrued vacation pay and other paid time off, each through the date of termination; (b) Employee shall be entitled to reimbursement for expenses accrued through the date of termination in accordance with the provisions of SECTION 4.1 4.2 hereof; and (c) Except as provided in ARTICLE XIX, this Agreement shall thereupon be of no further force and effect.

Appears in 2 contracts

Samples: Employment Agreement (Global Energy Group Inc), Employment Agreement (Global Energy Group Inc)

Effect of Termination by Employee. If Employee EMPLOYEE terminates his EMPLOYEE's employment pursuant to SECTION 7.5 hereof -Section 8.5 hereof: (a) Employee EMPLOYEE shall be entitled to accrued base salary Base Salary under SECTION Section 3.1 and accrued vacation pay and other paid time off, each through the date of termination; (b) Employee EMPLOYEE shall be entitled to reimbursement for expenses accrued through the date of termination in accordance with the provisions of SECTION 4.1 Section 4.2 hereof; and (c) Except as provided in ARTICLE XIArticle X, this Agreement shall thereupon be of no further force and effect.

Appears in 1 contract

Samples: Employment Agreement (Nanobac Pharmaceuticals Inc)

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Effect of Termination by Employee. If Employee terminates his Employee’s employment pursuant to SECTION 7.5 hereof -Section 8.5 hereof: (a) Employee shall be entitled to accrued base salary Base Salary under SECTION Section 3.1 and accrued vacation pay and other paid time off, each through the date of termination; (b) Employee shall be entitled to reimbursement for expenses accrued through the date of termination in accordance with the provisions of SECTION 4.1 Section 4.2 hereof; , and (c) Except as provided in ARTICLE XIArticle X, this Agreement shall thereupon be of no further force and effect.

Appears in 1 contract

Samples: Employment Agreement (Global Energy Group Inc)

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