Common use of Resignation by Executive Clause in Contracts

Resignation by Executive. The Executive shall give the Company not less than 60 days written notice of the resignation of the Executive's employment hereunder. If the Executive resigns and terminates this Agreement for any reason, the Company shall have no further obligations or responsibilities hereunder to the Executive, except for (a) payment of any Base Salary due and owing at the time of termination pursuant to Section 3.1; and (b) payment of any unpaid and accrued vacation pay. Nothing herein contained shall be construed to limit or restrict in any way the Company's ability to pursue any remedies it may have at law or equity pursuant to the provisions of this Agreement.

Appears in 4 contracts

Samples: Executive Employment Agreement (Softquad Software LTD), Executive Employment Agreement (Softquad Software LTD), Executive Employment Agreement (Softquad Software LTD)

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Resignation by Executive. The Executive shall give the Company upon delivery of notice may terminate this Agreement therefore upon not less than 60 days written prior notice of such termination. Upon receipt of such notice, the resignation Company may, in its sole discretion, release the Executive of his duties and his employment hereunder prior to the expiration of the Executive's employment hereunder60 day notice period. If Notwithstanding anything contained in this Agreement to the contrary, in the event of a termination by the Executive resigns and terminates pursuant to this Agreement for any reasonSection 5, the Company shall have no further obligations or responsibilities liability hereunder other than for reimbursement for reasonable business expenses incurred prior to the Executive, except for (a) payment of any Base Salary due and owing at the time date of termination pursuant to Section outlined in Sections 3.1; and (b) payment of any unpaid and accrued vacation pay. Nothing herein contained shall be construed to limit or restrict in any way the Company's ability to pursue any remedies it may have at law or equity pursuant to the provisions of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Flint Telecom Group Inc.), Employment Agreement (Flint Telecom Group Inc.), Employment Agreement (Flint Telecom Group Inc.)

Resignation by Executive. The Executive shall give the Company upon delivery of notice may terminate this Agreement therefore upon not less than 60 30 days written prior notice of such termination. Upon receipt of such notice, the resignation Company may, in its sole discretion, release the Executive of his duties and his employment hereunder prior to the expiration of the Executive's employment hereunder30 day notice period. If Notwithstanding anything contained in this Agreement to the contrary, in the event of a termination by the Executive resigns and terminates pursuant to this Agreement for any reasonSection 4.1, the Company shall have no further obligations or responsibilities liability hereunder to other than the Executive, except for (a) payment vested portion of any Base Salary due and owing at the time of termination pursuant to equity set forth in Section 3.1; and (b) payment of any unpaid and accrued vacation pay. Nothing herein contained shall be construed to limit or restrict in any way the Company's ability to pursue any remedies it may have at law or equity pursuant to the provisions of this Agreement2.2.

Appears in 3 contracts

Samples: Employment Agreement (Quamtel, Inc.), Employment Agreement (Voip Inc), Employment Agreement (Voip Inc)

Resignation by Executive. The Executive shall give the Company not less than 60 days two (2) months written notice of the resignation of the Executive's employment hereunder. The Company may waive or abridge any notice period specified in such notice, in its absolute discretion. If the Executive resigns the Executive's employment and terminates this Agreement for any reason, the Company shall have no further obligations or responsibilities hereunder to the Executive, except for (a) payment of any Base Salary due and owing at the time of termination pursuant to Section 3.1; and (b) payment of any unpaid and accrued vacation pay. Nothing nothing herein contained shall be construed to limit or restrict in any way the Company's ability to pursue any remedies it may have at law or equity pursuant to the provisions of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ivanhoe Energy Inc)

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Resignation by Executive. The Executive shall give the Company not less than 60 days Two (2) weeks written notice of the resignation of the Executive's employment hereunder. If the Executive resigns and terminates this Agreement for any reason, the Company shall have no further obligations or responsibilities hereunder to the Executive, except for (a) payment of any Base Salary due and owing at the time of termination pursuant to Section 3.1; and (b) payment of any unpaid and accrued vacation pay. Nothing herein contained shall be construed to limit or restrict in any way the Company's ability to pursue any remedies it may have at law or equity pursuant to the provisions of this Agreement.. --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Executive Employment Agreement (Softquad Software LTD)

Resignation by Executive. The Executive shall give the Company not less than 60 days written 4 weeks notice of the resignation of the Executive's employment hereunder. If the Executive resigns the Executive's employment and terminates this Agreement for any reason, the Company shall have no further obligations or responsibilities hereunder to the Executive, except for (a) payment of any Base Salary due and owing at the time of termination pursuant to Section 3.1; and (b) payment of any unpaid and accrued vacation pay. Nothing nothing herein contained shall be construed to limit or restrict in any way the Company's ability to pursue any remedies it may have at law or equity pursuant to the provisions of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Reink Corp)

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