Resignation by Employee Without Good Reason. If the Employee shall resign or otherwise terminate his employment with the Company at anytime during the term of this Agreement, other than for Good Reason (as defined below), the Employee shall only be entitled to receive his accrued and unpaid Salary through the termination date, and the Company shall have no further obligations under this Agreement from and after the date of resignation.
Resignation by Employee Without Good Reason. Employee may resign from his employment hereunder without Good Reason at any time upon written notice to the Company. Following any such notice, the Company may reduce or remove any and all of Employee’s duties, authority or responsibilities with the Company, and any such reduction or removal shall not constitute Good Reason.
Resignation by Employee Without Good Reason. Employee may voluntarily resign his position with the Company without Good Reason at any time on thirty (30) days’ advance written notice. In the event Employee’s resignation is without Good Reason, Employee will be entitled to receive, on Employee’s first regular payday following his Termination Date, a lump sum payment equivalent to the following: (i) the Base Salary then in effect, prorated to the Termination Date; and (ii) accrued unused vacation as of the Termination Date, all of the foregoing to be less required withholding. All other Company obligations to Employee pursuant to this Agreement, except those in Section 8.8 (Dispute Resolution), will automatically terminate and be completely extinguished.
Resignation by Employee Without Good Reason. The Employee shall give the Employer sixty (60) days notice of the resignation of the Employee’s employment hereunder and, subject to the following sentence, the Employee’s employment shall terminate on the date specified in the notice and the Employee agrees to work through such notice period. Upon receipt of the Employee’s notice of resignation, or at any time thereafter, the Employer shall have the right to elect to waive the resignation notice period in whole or in part by providing the Employee with amounts and benefits that he/she would have otherwise been entitled to for the remainder of such notice period, and if the Employer so elects, the Employee’s employment shall cease immediately upon the same. The Employee also agrees that such election by the Employer does not constitute a termination of the Employee’s employment by the Employer.
Resignation by Employee Without Good Reason. If Employee resigns Employee’s employment without Good Reason, Employee shall only be entitled to the Accrued Obligations and shall not be entitled to any severance benefits under the terms of this Agreement.
Resignation by Employee Without Good Reason. (a) Employee may resign from Employee’s employment with the Company at any time by giving notice as described in Section 7.1.
(b) In the event Employee resigns from Employee’s employment with the Company (other than for Good Reason as set forth in Section 6.4), Employee will not receive Severance Benefits, or any other severance compensation or benefits, except that, pursuant to the Company’s standard payroll policies, the Company shall pay to Employee the Accrued Obligations.
Resignation by Employee Without Good Reason. Employee may voluntarily resign position with the Company without Good Reason at any time on thirty (30) days’ advance written notice. In the event Employee’s resignation is without Good Reason, Employee will be entitled to receive, on Employee’s first regular payday following the Termination Date, a lump sum payment equivalent to the Accrued Benefits. All other Company obligations to Employee pursuant to this Agreement other than Employee’s accrued benefits under the Company’s benefit and welfare plans and [his/her] rights to indemnification and continued coverage under the Company’s D&O Policies will automatically terminate and be completely extinguished.
Resignation by Employee Without Good Reason. (a) Employee may resign from Employee’s employment with the Company at any time by giving notice as described in Section 6.6.
(b) In the event Employee resigns from Employee’s employment with the Company other than for Good Reason, Employee will not receive the Severance Benefits, or any other severance compensation or benefit, except that, pursuant to the Company’s standard payroll policies, the Company shall pay to Employee the accrued but unpaid salary of Employee through the date of resignation, together with all compensation and benefits payable to Employee through the date of resignation under any compensation or benefit plan, program or arrangement during such period and Employee shall be eligible for any benefit continuation or conversion rights provided by the provisions of a benefit plan or by law.
Resignation by Employee Without Good Reason. The Employee may voluntarily terminate employment with the Company during the term of this Agreement, upon at least 60 days' prior written notice to the Board of Directors, in which case the Employee shall receive only his compensation, vested rights and Employee benefits up to the date of his termination of employment.
Resignation by Employee Without Good Reason. A. Executive may voluntarily terminate his employment with the Company without Good Reason at any time with one (1) year prior notice. If Executive provides such notice, the Company, at the sole discretion of the Board, may accelerate the termination of Executive's employment to any date after receipt of such notice from Executive and prior to the date of termination specified in the notice from Executive. Any acceleration of the termination of Executive's employment shall be effective on written notice being delivered to Executive by the Company. On any such acceleration by the Company, Executive shall not be entitled to any payment in lieu of notice. If Executive's employment is terminated pursuant to this Section 2(A), Executive shall receive payment for all accrued salary, vacation time, and benefits owed Executive through the Termination Date. For purposes of this Section 2(A), the Termination Date shall be the earlier of the day that the Executive ceases to provide services to the Company or the day that the facts and circumstances indicated that the Executive has permanently reduced the level of services he provides to the Company to twenty percent (20%) or less than the average level of bona fide services performed for the Company over the immediately preceding thirty-six (36) month period (unless otherwise specified in the Code, level of services will be based on hours worked).
B. In case of a resignation without Good Reason by Executive, the Company shall have no further obligation to pay compensation of any kind (except for accrued salary, vacation time and benefits as set forth above) or severance payment of any kind or to make any payment in lieu of notice. All benefits provided by the Company to Executive shall cease on the Termination Date. For the avoidance of doubt, Executive's termination from the Company at the end of the term of the Employment Agreement (currently December 31, 2010) shall not be deemed a resignation without Good Reason and Executive shall be entitled to the severance payment and benefits as set forth in Section 7.
