Employee’s Termination Clause Samples

Employee’s Termination. As mentioned above, this document will seek to place some conditions on an Employee’s at-will termination. Thus, when the Employee has determined a termination date, he or she must inform the Employer a certain number of days beforehand. This number of days should be documented as the notice that must be given before the Employee’s determined termination date. Additionally, the amount of time making up the pay period used to calculate the Employee’s severance pay must be dispensed.

Employee’s Termination. Some further definition should be provided regarding termination underneath a fixed term of employment. If the Employee shall be allowed to terminate this contract prematurely, then select the checkbox “Shall” to solidify this. If not, then select the “Shall Not” check box.

Employee’s Termination. Employee may terminate this Agreement and the employment: (Check one) at any time by giving days' notice in writing to Employer at any time and for any reason in accordance with applicable local, state, and federal labor laws. During the notice period, Employee and Employer agree to continue diligently fulfilling their duties and obligations in good faith with best efforts. ☐ ☐ If Employee’s employment is terminated other than for cause, Employee shall be entitled to severance in the amount of . Employee is NOT entitled to severance. At the time of termination, Employee agrees to return all Employer property, including but not limited to computers, cell-phones, and any other electronic devices. Employee shall reimburse Employer for any Employer property lost or damaged in an amount equal to the market price of such property. The rights and obligations of the Parties set forth in ( ☐ Non-Compete, ☐ Confidentiality), Ownership of Work Product, Termination and Miscellaneous are intended to survive termination, and will survive termination of this Agreement.

Employee’s Termination. Employee may terminate his employment at any time upon (90) days prior written notice to Hauppauge. Simultaneously with such notice, Employee shall inform Hauppauge in writing as to his employment plans following the termination of his employment with Hauppauge. In the event Employee terminates his employment because, there has been: 1) a material downgrading in Employee's duties or responsibilities, 2) a permanent change in Hauppauge's principal office to a location not within 20 miles of its present locationor 3) any permanent relocation of Employee to a place of business more than 20 miles of its present location. Employee shall be entitled to the compensation provided for in Par. 2(g) upon such termination.

Employee’s Termination. Employee may terminate this Agreement upon sixty (60) day written notice to Company for any reason, including but not limited to if Employee is for any reason not re-elected or reappointed to any position for which he is employed under this Agreement. Employee shall receive termination benefits as set forth in Section 14 or as parties may otherwise agree.

Employee’s Termination. In the event that an Eligible Employee's employment with the Corporation is terminated for any reason other than his/her Disability, the Corporation's obligations and the Eligible Employee's rights to participate and receive salary continuation benefits under the Plan shall cease. In the event of the discontinuance of this Plan or the termination of an Eligible Employee's employment with the Corporation or the termination of an employee as an Eligible Employee, such insured employee shall have the right to continue any Policy covering him/her by the personal payment of premiums.

Employee’s Termination. Unless Employee is a "specified employee" (as determined in accordance with Internal Revenue Code Section 409A), the cash equivalents payable pursuant to this subparagraph (ii) shall be payable in equal monthly installments over the 36-month period that begins on the first day of the month following Employee's separation from service. If Employee is a "specified employee" (as determined in accordance with Internal Revenue Code Section 409A), then installment payments during the first six months of the 36-month installment period shall be limited to the extent required by Internal Revenue Code Section 409A, any unpaid installment amounts shall be paid immediately after such six-month period and installment payments due during the remaining 30 months shall be paid as scheduled.

Employee’s Termination. The provisions of this Section 5 shall supersede Section 13(a)(iii) and (v) of the Program.

Employee’s Termination. If it becomes known that this Agreement will be terminated by Employee in accordance with its provisions, the Bank may, in its sole discretion but subject to its other obligations under this Agreement, relieve Employee of his duties under this Agreement, and assign Employee other reasonable duties and responsibilities to be performed until the termination becomes effective.