Common use of Good Reason Resignation Clause in Contracts

Good Reason Resignation. In the event of a Good Reason Resignation Employee resigns, Employer shall continue to pay to Employee his salary for a period of one (1) year from the date of Resignation for Good Reason and Employer shall pay to Employee all cash and other compensation which would be due and owing to Employee under paragraph 2.4 of this Employment Agreement if Employee=s employment had been Terminated without Cause by Employer rather than the Good Reason Resignation by Employee.

Appears in 2 contracts

Samples: Employment Agreement (Howell Reese S Jr), Employment Agreement (Davis Roger D)

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Good Reason Resignation. In the event of a Good Reason Resignation Employee resigns, Employer shall continue to pay to Employee his salary for a period of one (1) year from the date of Resignation for Good Reason and Employer shall pay to Employee all cash and other compensation which would be due and owing to Employee under paragraph 2.4 of this Employment Agreement if Employee=s 's employment had been Terminated without Cause by Employer rather than the Good Reason Resignation by Employee.

Appears in 2 contracts

Samples: Employment Agreement (Celtic Investment Inc), Employment Agreement (Celtic Investment Inc)

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Good Reason Resignation. In the event of a Good Reason Resignation Employee resigns, Employer The Company shall continue to pay to Employee his salary for a period of one (1) year from the date of Resignation for Good Reason and Employer the Company shall pay to Employee all cash and other compensation which would be due and owing to Employee under paragraph 2.4 of this Employment Agreement if Employee=s 's employment had been Terminated without Cause by Employer the Company rather than the Good Reason Resignation by Employee.

Appears in 1 contract

Samples: Employment Agreement (Celtic Investment Inc)

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