Common use of Notice of Termination by Executive Clause in Contracts

Notice of Termination by Executive. It is reasonable and necessary to provide a smooth transition if the Executive chooses to leave the Company. Consequently, the Executive agrees to provide the Company with 90 days prior written notice of his intent to terminate his employment (the “Notice Period”); provided that such Notice Period will not apply if the Executive terminates his employment

Appears in 4 contracts

Samples: Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co)

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Notice of Termination by Executive. It is reasonable and necessary to provide a smooth transition if the Executive chooses to leave the Company. Consequently, the Executive agrees to provide the Company with 90 days prior written notice of his intent to terminate his employment (the “Notice Period”); provided that such Notice Period will not apply if the Executive terminates his employmentemployment for Good Reason (as defined in Section 3(d) below). The Company may elect to place the Executive on paid leave for all or any part of such Notice Period.

Appears in 4 contracts

Samples: Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co)

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Notice of Termination by Executive. It is reasonable and necessary to provide a smooth transition if the Executive chooses to leave the Company. Consequently, the Executive agrees to provide the Company with 90 days prior written notice of his intent to terminate his employment (the “Notice Period”); provided that such Notice Period will not apply if the Executive terminates his employmentemployment for Good Reason (as defined in Section 3(d)). The Company may elect to place the Executive on paid leave for all or any part of such Notice Period.

Appears in 2 contracts

Samples: Employment Agreement (Moelis & Co), Employment Agreement (Moelis & Co)

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