Common use of Executive’s Resignation without Good Reason Clause in Contracts

Executive’s Resignation without Good Reason. (a) Executive may resign from employment with Company without Good Reason. (b) If Executive resigns from employment with the Company without Good Reason (as defined below), then, provided that Executive provides at least thirty (30) days prior written notice (or such shorter prior written notice period agreed to in writing by the Company), the Company shall pay Executive any earned but unpaid base salary accrued through the date of termination and all accrued but unused paid time off, at the rates then in effect, less standard deductions and withholdings. Executive will no longer vest in any equity interests and the Company shall thereafter have no further obligations to Executive, except as may otherwise be required by law.

Appears in 4 contracts

Samples: Employment Agreement (In8bio, Inc.), Employment Agreement (In8bio, Inc.), Employment Agreement (In8bio, Inc.)

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Executive’s Resignation without Good Reason. (a) Executive may resign from employment with Company without Good Reason. (b) If Executive resigns from employment with the Company without Good Reason (as defined below), then, provided that Executive provides at least thirty (30) days prior written notice (or such shorter prior written notice period agreed to in writing by tby the Company), the Company shall pay Executive any Executive, in addition to all earned but unpaid base salary Base Salary accrued through the date of termination and termination, all accrued but unused paid time offPTO, at the rates then in effect, less standard deductions and withholdings, and all outstanding expenses. Executive will no longer vest in any equity interests and the Company shall thereafter have no further obligations to Executive, except as may otherwise be required by lawlaw or agreed to by the Company.

Appears in 1 contract

Samples: Employment Agreement (In8bio, Inc.)

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Executive’s Resignation without Good Reason. (a) Executive may resign from employment with Company without Good Reason. (b) If Executive resigns from employment with the Company without Good Reason (as defined below), then, provided that Executive provides at least thirty (30) days prior written notice (or such shorter prior written notice period agreed to in writing by tby the Company), the Company shall pay Executive any earned but unpaid base salary accrued through the date of termination and all accrued but unused paid time off, at the rates then in effect, less standard deductions and withholdings. Executive will no longer vest in any equity interests and the Company shall thereafter have no further obligations to Executive, except as may otherwise be required by law.

Appears in 1 contract

Samples: Employment Agreement (In8bio, Inc.)

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