Common use of Other Termination by the Employee Clause in Contracts

Other Termination by the Employee. The Employee may terminate the Employee’s employment for any reason other than one specified in Section 4(e) upon at least 30 days’ prior written notice to the Company, which notice shall specify the effective date of the termination. In the event the Employee shall terminate the Employee’s employment pursuant to this Section 4(f), the Company shall not have any further obligation or liability under this Agreement, except that the Company shall pay to the Employee: (i) any portion of the Employee’s Base Salary for the period up to the date of termination that has been earned but remains unpaid; and (ii) any benefits that have accrued to the Employee under the terms of the employee benefit plans of the Company, which benefits shall be paid in accordance with the terms of those plans.

Appears in 12 contracts

Samples: Employment Agreement (Marinus Pharmaceuticals, Inc.), Employment Agreement (Marinus Pharmaceuticals Inc), Employment Agreement (Marinus Pharmaceuticals Inc)

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Other Termination by the Employee. The Employee may terminate the Employee’s employment and this Agreement for any reason other than one specified in Section 4(e) upon at least 30 days’ prior written notice to the Company, which notice shall specify the effective date of the termination. In the event the Employee shall terminate the Employee’s employment pursuant to this Section 4(f), the Company shall not have any further obligation or liability under this Agreement, except that the Company shall pay to the Employee: (i) any portion of the Employee’s Base Salary for the period up to the date of termination that has been earned but remains unpaid; and (ii) any benefits that have accrued to the Employee under the terms of the employee benefit plans of the Company, which benefits shall be paid in accordance with the terms of those plans.

Appears in 2 contracts

Samples: Employment Agreement (Beyond Air, Inc.), Employment Agreement (Beyond Air, Inc.)

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Other Termination by the Employee. The Employee may terminate the Employee’s his employment for any reason other than one specified in Section 4(e) hereof upon at least 30 days’ prior written notice to the Company, which notice shall specify the effective date of the termination. In the event that the Employee shall terminate the Employee’s his employment pursuant to this Section 4(f), the Company shall not have any further obligation or liability under this Agreement, except that the Company shall pay to the Employee: (i) any portion of the Employee’s Base Salary for the period up to the date of termination that has been earned but remains unpaid; and (ii) any benefits that have accrued to the Employee under the terms of the employee benefit plans of the Company, which benefits shall be paid in accordance with the terms of those plans.

Appears in 2 contracts

Samples: Employment Agreement (Marinus Pharmaceuticals Inc), Employment Agreement (Marinus Pharmaceuticals Inc)

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