Common use of Resignation by the Executive Clause in Contracts

Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) days’ written notice to the Company. A termination by the Executive for good reason pursuant to Subsection 6.B.(2) shall not be considered a resignation pursuant to this Subsection 6.C.(1). (2) In the event the Term is terminated pursuant to Subsection 6.C.(1), the provisions of Subsections 5.C.(1) and 5.C.

Appears in 37 contracts

Samples: Employment Agreement (Celldex Therapeutics, Inc.), Employment Agreement (Celldex Therapeutics, Inc.), Employment Agreement (Celldex Therapeutics, Inc.)

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Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) days’ written notice to the Company. A termination by the Executive for good reason pursuant to Subsection 6.B.(26.C.(2) shall not be considered a resignation pursuant to this Subsection 6.C.(16.D.(1). (2) In the event the Term is terminated pursuant to Subsection 6.C.(16.D.(1), the provisions of Subsections 5.C.(15.C.(2) and 5.C. (3) shall continue to apply for one year after the conclusion of the Term.

Appears in 8 contracts

Samples: Employment Agreement (Medarex Inc), Employment Agreement (Avant Immunotherapeutics Inc), Employment Agreement (Avant Immunotherapeutics Inc)

Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) days’ written notice to the Company. A termination by the Executive for good reason Good Reason pursuant to Subsection 6.B.(2Section 6.D(2) shall not be considered a resignation pursuant to this Subsection 6.C.(1Section 6.E(1). (2) In the event If the Term is terminated pursuant to Subsection 6.C.(1Section 6.E(1), the Executive’s entire right to salary and benefits hereunder shall cease at the effective date of the termination of the Term, but the provisions of Subsections 5.C.(1Section 5.B shall continue to apply for twelve (12) and 5.C.months following the conclusion of the Term.

Appears in 4 contracts

Samples: Employment Agreement (Medarex Inc), Employment Agreement (Medarex Inc), Employment Agreement (Medarex Inc)

Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) days' written notice to the Company. A termination by the Executive for good reason pursuant to Subsection 6.B.(26.C.(2) shall not be considered a resignation pursuant to this Subsection 6.C.(16.D.(1). (2) In the event the Term is terminated pursuant to Subsection 6.C.(16.D.(1), the provisions of Subsections 5.C.(15.C.(2) and 5.C. (3) shall continue to apply for one year after the conclusion of the Term.

Appears in 3 contracts

Samples: Employment Agreement (Celldex Therapeutics Inc), Employment Agreement (Celldex Therapeutics Inc), Employment Agreement (Celldex Therapeutics Inc)

Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) days’ written notice to the Company. A termination by the Executive for good reason pursuant to Subsection 6.B.(25.C.(2) shall not be considered a resignation pursuant to this Subsection 6.C.(15.D.(1). (2) In the event the Term is terminated pursuant to Subsection 6.C.(15.D. (1), the provisions of Subsections 5.C.(14.C.(1), 4.C.(2) and 5.C.4.C. (3) shall continue to apply for one year after the conclusion of the Term.

Appears in 1 contract

Samples: Employment Agreement (Avant Immunotherapeutics Inc)

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Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) 90 days' written notice to the Company. A termination by the Executive for good reason pursuant to Subsection 6.B.(2) shall not be considered a resignation pursuant to this Subsection 6.C.(1). (2) In the event the Term is terminated pursuant to Subsection 6.C.(1subsection 6D(1), the provisions of Subsections 5.C.(1subsection 5C shall continue to apply for one year after the conclusion of the Term. (3) In the event the Term is terminated pursuant to subsection 6D(1), the Executive's entire right to salary and 5.C.benefits hereunder shall cease at the conclusion of the Term.

Appears in 1 contract

Samples: Employment Agreement (Sun Hill Industries Inc)

Resignation by the Executive. (1) The Executive shall have the right to terminate the Term, by way of resignation, upon ninety (90) days’ written notice to the Company. A termination by the Executive for good reason pursuant to Subsection 6.B.(25.C.(2) shall not be considered a resignation pursuant to this Subsection 6.C.(15.D.(1). (2) In the event the Term is terminated pursuant to Subsection 6.C.(15.D. (1), the provisions of Subsections 5.C.(14.C. (1), 4.C.(2) and 5.C.4.C. (3) shall continue to apply for one year after the conclusion of the Term.

Appears in 1 contract

Samples: Employment Agreement (Avant Immunotherapeutics Inc)

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