Notice; Effective Date of Termination. (a) Termination of Employee’s employment pursuant to this Agreement shall be effective on the earliest of: (i) immediately after the Company gives notice to Employee of Employee’s termination, with or without Cause; (ii) immediately upon Employee’s death; (iii) ten (10) days after the Company gives notice to Employee of Employee’s termination on account of Employee’s Disability; (iv) ten (10) days after Employee gives written notice to the Company of Employee’s resignation, provided that the Company may set a termination date at any time between the date of notice and the date of resignation, in which case Employee’s resignation shall be effective as of such other date. Employee will receive compensation through any required notice period (even if the Company accepts Employee’s resignation prior to the end of such notice period); or (v) for a termination for Good Reason, immediately upon Employee’s full satisfaction of the requirements of Section 6.1(g). (b) In the event notice of a termination under subsections (a)(i) and (iii) is given orally, at the other party’s request, the party giving notice must provide written confirmation of such notice within five (5) business days of the request in compliance with the requirement of Section 7.1
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Samples: Employment Agreement (Apex Technology Acquisition Corp), Employment Agreement (Apex Technology Acquisition Corp), Employment Agreement (Apex Technology Acquisition Corp)
Notice; Effective Date of Termination. (a) Termination of EmployeeExecutive’s employment pursuant to this Agreement shall be effective on the earliest of:
(i) immediately after the Company gives notice to Employee Executive of EmployeeExecutive’s terminationTermination for Cause or Termination Without Cause unless the Company specifies a later date, with or without Causein which case, termination shall be effective as of such later date;
(ii) immediately upon EmployeeExecutive’s death;
(iii) ten (10) days immediately after the Company gives notice to Employee Executive of EmployeeExecutive’s termination on account of EmployeeExecutive’s Disability;, unless the Company specifies a later date, in which case, termination shall be effective as of such later date, provided that Executive has not returned to the full time performance of Executive’s duties prior to such date; or
(iv) ten (10) 10 days after Employee Executive gives written notice to the Company of EmployeeExecutive’s resignation, resignation for a Voluntary Termination or Resignation for Good Reason; provided that the Company may set a termination date at any time between the date of notice and the date of resignation, in which case EmployeeExecutive’s resignation shall be effective as of such other date. Employee Executive will receive compensation through any required notice period (even if the Company accepts Employee’s resignation prior to the end of such notice period); or
(v) for a termination for Good Reason, immediately upon Employee’s full satisfaction of the requirements of Section 6.1(g).
(b) In the event notice of a termination under subsections (a)(i), (iii) and (iiiiv) is given orally, at the other party’s request, the party giving notice must provide written confirmation of such notice within five (5) 5 business days of the request in compliance with the requirement of Section 7.110.1 below.
Appears in 3 contracts
Samples: Executive Employment Agreement (Glycomimetics Inc), Executive Employment Agreement (Glycomimetics Inc), Executive Employment Agreement (Glycomimetics Inc)
Notice; Effective Date of Termination. (a) Termination of EmployeeExecutive’s employment pursuant to this Agreement shall be effective on the earliest of:
(i) immediately after the Company gives notice to Employee Executive of EmployeeExecutive’s termination, with or without Cause (except for a termination for “Cause” under Section 6.2(b)(iv)), unless the Company specifies a later date, in which case, termination shall be effective as of such later date;
(ii) immediately upon EmployeeExecutive’s death;
(iii) ten (10) days after the Company gives notice to Employee Executive of EmployeeExecutive’s termination on account of EmployeeExecutive’s Disability;, unless the Company specifies a later date, in which case, termination shall be effective as of such later date, provided that Executive has not returned to the full time performance of Executive’s duties prior to such date; or
(iv) ten thirty (1030) days after Employee Executive gives written notice to the Company of EmployeeExecutive’s resignation, provided that the Company may set a termination date at any time between the date of notice and the date of resignation, in which case EmployeeExecutive’s resignation shall be effective as of such other date. Employee Executive will receive compensation through any required notice period (even if the Company accepts Employee’s resignation prior to the end of such notice period); or
(v) for a termination for Good Reason, immediately upon Employee’s full satisfaction of the requirements of Section 6.1(g).
(b) In the event notice of a termination under subsections (a)(i) and (iii) ), is given orally, at the other party’s request, the party giving notice must provide written confirmation of such notice within five (5) business days of the request in compliance with the requirement of Section 7.17.1 below.
Appears in 1 contract
Samples: Executive Employment Agreement (Cara Therapeutics, Inc.)
Notice; Effective Date of Termination. (a) Termination of EmployeeExecutive’s employment pursuant to this Agreement shall be effective on the earliest of:
(i) immediately after the Company gives notice to Employee Executive of EmployeeExecutive’s terminationTermination for Cause or Termination Without Cause unless the Company specifies a later date, with or without Causein which case, termination shall be effective as of such later date;
(ii) immediately upon EmployeeExecutive’s death;
(iii) ten (10) days immediately after the Company gives notice to Employee Executive of EmployeeExecutive’s termination on account of EmployeeExecutive’s Disability;, unless the Company specifies a later date, in which case, termination shall be effective as of such later date, provided that Executive has not returned to the full time performance of Executive’s duties prior to such date; or
(iv) ten (10) days after Employee Executive gives written notice to the Company of EmployeeExecutive’s resignation, resignation for a Voluntary Termination or Resignation for Good Reason; provided that the Company may set a termination date at any time between the date of notice and the date of resignation, in which case EmployeeExecutive’s resignation shall be effective as of such other date. Employee Executive will receive compensation through any required notice period (even if the Company accepts Employee’s resignation prior to the end of such notice period); or
(v) for a termination for Good Reason, immediately upon Employee’s full satisfaction of the requirements of Section 6.1(g).
(b) In the event notice of a termination under subsections (a)(i), (iii) and (iiiiv) is given orally, at the other party’s request, the party giving notice must provide written confirmation of such notice within five (5) business days of the request in compliance with the requirement of Section 7.110.1 below.
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