Common use of Other Resignation by Employee, Without Severance Clause in Contracts

Other Resignation by Employee, Without Severance. The Employee may resign Employee's position upon providing 90 days advance, written notice to the Corporation. The Corporation may then elect either (a) to have Employee continue performing work for the Corporation throughout the 90 day notice period; or (b) to accept Employee's resignation effective immediately. In the event of Employee's termination of employment with the Corporation under this Paragraph 5.4, Employee shall not be paid any severance pay as provided in Paragraph 5.6, but shall be paid any earned and unpaid bonus or incentive compensation, if any, on a pro rata basis for the period through Employee's termination date.

Other Resignation by Employee, Without Severance. The Employee may resign Employee's ’s position upon providing 90 30 days advance, written notice to the Corporation. The Corporation may then elect either (a) to have Employee continue performing work for the Corporation throughout the 90 30 day notice period; or (b) to accept Employee's ’s resignation effective immediately. In the event of Employee's ’s termination of employment with the Corporation under this Paragraph 5.4, Employee shall not be paid any severance pay receive payment for Base Pay, Incentive Compensation and benefits as provided in Paragraph 5.6, but shall be paid any earned and unpaid bonus or incentive compensation, if any, on a pro rata basis for the period through Employee's termination date.