Common use of Resignation by Executive Clause in Contracts

Resignation by Executive. Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide the Company with 60 days' advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary to the effective date of such resignation.

Appears in 4 contracts

Samples: Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/), Employment Agreement (Labone Inc/)

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Resignation by Executive. Upon thirty (30) days prior notice, Executive may resign or voluntarily resign from his employment with leaves the employ of Company, provided that other than under circumstances treated as Resignation for Good Reason. In the event of Executive’s resignation under this Section 7(c), Executive shall provide the Company with 60 days' advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of paid any accrued and unpaid salary and accrued and unused paid time off through his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary to the effective date of such resignation.

Appears in 4 contracts

Samples: Employment Agreement (Square 1 Financial Inc), Employment Agreement (Square 1 Financial Inc), Employment Agreement (Square 1 Financial Inc)

Resignation by Executive. Executive may voluntarily resign from his elect to terminate Executive's employment with at any time during the Company, provided that Executive shall provide the Company with 60 Term by providing one hundred eighty (180) days' advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid resignation to the Company. Executive shall be entitled in such event to receive only his Base Salary to and benefits through the effective date of such Executive's resignation.

Appears in 3 contracts

Samples: Employment Agreement (Engenavis, Inc.), Employment Agreement (Engenavis, Inc.), Employment Agreement (Engenavis, Inc.)

Resignation by Executive. The Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide by providing the Company with 60 30 days' advance written notice in writing (which notice requirement the "Resignation Notice Period"). The Company may be waivedelect to waive such notice, in whole or in part, and have the Executive's employment terminate prior to the end of the Resignation Notice. In such circumstances, the Company will pay the Executive an amount equal to the pro-rata Base Salary he would have received had be remained actively employed by the Company in its sole discretion) until the end of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary to the effective date of such resignationResignation Notice Period.

Appears in 2 contracts

Samples: Executive Employment Agreement (Algernon Pharmaceuticals Inc.), Executive Employment Agreement (Algernon Pharmaceuticals Inc.)

Resignation by Executive. The Executive may voluntarily resign from terminate his employment with the Companyhereunder at any time, provided that Executive shall provide by giving to the Company with 60 days' advance two (2) months written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent intention to resign. Upon such resignation, the The Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary to the effective date may waive all or a part of such notice provided, however, that the Executive shall be paid the amount of any salary, bonus and benefits that would have been earned by him, had he continued to work until the expiry of such two (2) months notice of resignation.

Appears in 2 contracts

Samples: Employment Agreement (Firstgold Corp.), Employment Agreement (Firstgold Corp.)

Resignation by Executive. Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide the Company with 60 under this Agreement by giving 30 days' advance written notice (which notice requirement the “Executive Notice Period”) to the Board’s Lead Independent Director. Executive may be waived, in whole relieved of some or in part, by the Company in its sole discretion) of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary all duties prior to the effective date expiration of such resignationthe 30 day Executive Notice Period in the sole discretion of the Board and his compensation reduced accordingly.

Appears in 1 contract

Samples: Limited Term Employment Agreement (Arctic Cat Inc)

Resignation by Executive. Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide the Company with 60 days' thirty (30) days advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resignterminate. Upon such resignationa termination, the Company shall have no obligation other than the payment of Executive's ’s earned but unpaid Base Salary compensation to the effective date of such resignationtermination.

Appears in 1 contract

Samples: Employment Agreement (Webmd Corp /New/)

Resignation by Executive. Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide the Company with 60 days' advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's ’s earned but unpaid Base Salary to the effective date of such resignation.

Appears in 1 contract

Samples: Employment Agreement (Quest Diagnostics Inc)

Resignation by Executive. The Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide by providing the Company with 60 90 days' advance written notice in writing (which notice requirement the "Resignation Notice Period"). The Company may be waivedelect to waive such notice, in whole or in part, and have the Executive's employment terminate prior to the end of the Resignation Notice. In such circumstances, the Company will pay the Executive an amount equal to the pro-rata Base Salary he would have received had be remained actively employed by the Company in its sole discretion) until the end of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary to the effective date of such resignationResignation Notice Period.

Appears in 1 contract

Samples: Executive Employment Agreement (Algernon Pharmaceuticals Inc.)

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Resignation by Executive. Executive may voluntarily resign from his elect to terminate Executive’s employment with at any time during the Term by providing one hundred eighty (180) days’ written notice of Executive’s resignation to the Company, provided that . Executive shall provide the Company with 60 days' advance written notice (which notice requirement may be waived, entitled in whole or in part, by the Company in its sole discretion) of such event to receive only his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary to and benefits through the effective date of such Executive’s resignation.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

Resignation by Executive. Resignation shall require thirty (30) days’ written notice to the Chief Executive may voluntarily resign from his employment with the Company, provided that Officer. Executive shall provide the Company with 60 days' advance written notice (which notice requirement may be waived, in whole or in part, continue to perform his job fully until such resignation becomes effective unless otherwise stipulated by the Company Chief Executive Officer in its sole discretion) writing and shall do nothing to damage the interests of his intent Company. Executive’s failure to resign. Upon such resignation, the Company shall have no obligation other than the payment provide adequate notice of Executive's earned but unpaid Base Salary resignation to the effective date Chief Executive Officer, or to perform his job fully prior to his termination of such resignationemployment, shall constitute grounds for immediate termination for Cause.

Appears in 1 contract

Samples: Employment Agreement (Riggs National Corp)

Resignation by Executive. Executive may voluntarily has the right to resign from his Executive’s employment with the Company, Company at any time and for any reason no less than ninety (90) days from the date that written notice is given by the Executive that the Executive desires to terminate this Agreement. The Company retains the right to dismiss the Executive at any time following receipt of such resignation notice provided that Executive shall provide the Company with 60 days' advance written notice (which notice requirement may will be waived, in whole or in part, by the Company in its sole discretion) of his intent entitled to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid Base Salary for the period prior to the effective date of such the resignation.

Appears in 1 contract

Samples: Employment Agreement (PureBase Corp)

Resignation by Executive. Executive may voluntarily resign from his elect to terminate Executive's employment with at any time during the Company, provided that Executive shall provide the Company with 60 Term by providing one hundred eighty (180) days' advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid resignation to the Company. Executive shall be entitled in such event to receive only her Base Salary to and benefits through the effective date of such Executive's resignation.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

Resignation by Executive. Executive may voluntarily resign from his elect to terminate Executive's employment with at any time during the Company, provided that Executive shall provide the Company with 60 Term by providing one hundred eighty (180) days' advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resign. Upon such resignation, the Company shall have no obligation other than the payment of Executive's earned but unpaid resignation to the Company. Executive shall be entitled in such event to receive only his Base Salary to and benelits through the effective date of such Executive's resignation.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

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