Common use of Resignation by Employee Clause in Contracts

Resignation by Employee. If the Employee shall resign or otherwise terminate his employment with the Company at anytime during the term of this Agreement, the Employee shall only be entitled to receive his accrued and unpaid Salary and vacation pay through the termination date, and the Company shall have no further obligations under this Agreement from and after the date of resignation.

Appears in 5 contracts

Samples: Employment Agreement (Timco Aviation Services Inc), Employment Agreement (Timco Aviation Services Inc), Employment Agreement (Timco Aviation Services Inc)

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Resignation by Employee. If the Employee shall resign or otherwise terminate his employment with the Company at anytime during the term of this Agreement, the Employee shall only be entitled to receive his accrued and unpaid Salary and vacation pay through the termination date, and the Company shall have no further obligations under this Agreement from and after the date of resignation.

Appears in 2 contracts

Samples: Employment Agreement (Timco Engine Center Inc), Employment Agreement (Timco Aviation Services Inc)

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