Common use of Resignation for Good Reason Clause in Contracts

Resignation for Good Reason. The Executive may terminate his employment under this Agreement at any time during the Employment Term for Good Reason (as defined in Section 5.1.5) by giving written notice thereof to the Company at least 30 days before the effective date of such termination. Such notice shall specify in reasonable detail the Good Reason based upon which the Executive intends to terminate his employment. Upon such termination, the Executive shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 of this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (BNP Residential Properties Inc), Employment Agreement (BNP Residential Properties Inc), Employment Agreement (BNP Residential Properties Inc)

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Resignation for Good Reason. The Executive may terminate his employment under termination this Employment Agreement at any time during the Employment Term time, for Good Reason (as defined in Section 5.1.5) by giving below), upon 30 days’ written notice thereof by the Executive to the Company at least 30 days before the effective date of such termination. Such notice shall specify in reasonable detail the Good Reason based upon which the Executive intends to terminate his employment. Upon such terminationand, the Executive shall be entitled to such compensation except as provided in Sections 5.1.3 Section 5(a) hereof and 5.3 the Accrued Amounts. The Executive’s non-renewal of the Term for Good Reason shall be deemed a resignation for Good Reason. For purposes of this Agreement., “Good Reason” shall mean:

Appears in 6 contracts

Samples: Securities Purchase Agreement (1847 Goedeker Inc.), Securities Purchase Agreement (1847 Goedeker Inc.), Employment Agreement (1847 Goedeker Inc.)

Resignation for Good Reason. The Executive may terminate his employment under this Agreement at any time during the Employment Term for Good Reason (as defined in Section 5.1.5) at any time by giving written notice thereof to the Company at least 30 days before the effective date of such termination. Such notice shall specify in reasonable detail the Good Reason based upon which the Executive intends to terminate his employment. Upon such termination, the Executive shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 of this AgreementSection 5.1.3.

Appears in 4 contracts

Samples: Executive Employment Agreement (Telecommunication Systems Inc /Fa/), Executive Employment Agreement (Telecommunication Systems Inc /Fa/), Executive Employment Agreement (Telecommunication Systems Inc /Fa/)

Resignation for Good Reason. The Executive Employee may terminate his employment under this Agreement at any time during the Employment Term for Good Reason (as defined in Section 5.1.5) at any time by giving written notice thereof to the Company at least 30 days before the effective date of such termination. Such notice shall specify in reasonable detail the Good Reason based upon which the Executive Employee intends to terminate his employment. Upon such termination, the Executive Employee shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 of this AgreementSection 5.1.3.

Appears in 4 contracts

Samples: Employment Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Telecommunication Systems Inc /Fa/)

Resignation for Good Reason. The Executive Employee may terminate his employment under this Agreement at any time during the Employment Term for Good Reason (as defined in Section 5.1.5) at any time by giving written notice thereof to the Company at least 30 days before the effective date of such termination. Such notice shall specify in reasonable detail the Good Reason based upon which the Executive Employee intends to terminate his employment. Upon such termination, the Executive Employee shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 of this AgreementSection 5.1.3.

Appears in 4 contracts

Samples: Employment Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Telecommunication Systems Inc /Fa/)

Resignation for Good Reason. The Notwithstanding anything to the contrary in this Agreement, whether express or implied, (i) the Company may, at any time, terminate Executive's employment for any reason other than Cause (as defined below) by giving Executive at least 60 days' prior written notice of the effective date of termination and (ii) the Executive may terminate his employment under this Agreement at any time during the Employment Term resign for Good Reason (as defined in Section 5.1.5below) by giving written notice thereof to the Company at least 30 days before 60 days' prior written notice of the effective date of such termination. Such notice shall specify in reasonable detail In the event Executive's employment hereunder is terminated by the Company other than for Cause or Executive resigns for Good Reason based upon which the Executive intends to terminate his employment. Upon such terminationReason, the Executive shall be entitled Company shall, in accordance with the Company's customary payroll practices, continue to such compensation as provided in Sections 5.1.3 and 5.3 of this Agreement.pay to Executive:

Appears in 1 contract

Samples: Employment Agreement (Eftc Corp/)

Resignation for Good Reason. The Executive may terminate his employment under this Agreement at any time during by the Employment Term Company for Good Reason (as defined in Section 5.1.5below) by giving providing written notice thereof to the Company (the "Resignation Notice") at least 30 45 days before prior to the effective date of such termination. Such the resignation, which notice shall specify set forth in reasonable detail the Good Reason based upon nature of the facts and circumstances which the Executive intends to terminate his employment. Upon such termination, the Executive shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 of this Agreement.constitute Good

Appears in 1 contract

Samples: Executive Employment Agreement (Haynes International Inc)

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Resignation for Good Reason. The Executive may terminate Executive's employment shall be terminated on the date he submits written notice to the Board of his employment under this Agreement at any time during the Employment Term resignation for Good Reason (as defined in Section 5.1.5) by giving written notice thereof to the Company at least 30 days before the effective date of such terminationReason. Such notice shall specify in reasonable detail the Good Reason based upon which the Executive intends to terminate his employment. Upon such termination, the Executive shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 For purposes of this Agreement, Good Reason means a breach by the Company of any material covenant or obligation of this Agreement which has not been cured within thirty (30) days after written notice of such noncompliance has been given by Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Saleslogix Corp)

Resignation for Good Reason. The Executive may terminate his employment under this Agreement at any time during the Employment Term for Good Reason if (as defined in Section 5.1.5i) by giving the Executive provides written notice thereof to the Company at least within 30 days before after the effective date occurrence of such terminationthe event(s) that constitute Good Reason, and (ii) the Company fails to remedy the event(s) within 30 days after receiving written notice of the resignation for Good Reason. Such notice shall specify in reasonable detail the Upon termination of this Agreement for Good Reason based upon which the Executive intends to terminate his employment. Upon such terminationas set out in this section 5( e ), the Executive shall be is entitled to such compensation receive the Termination Payment on the same terms as provided set out in Sections 5.1.3 and 5.3 of this Agreementsection 5(d) above.

Appears in 1 contract

Samples: Executive Employment Agreement (Genius Brands International, Inc.)

Resignation for Good Reason. The Executive may terminate his employment under this Agreement at any time during the Employment Term immediately for Good Reason upon giving the Company written Notice of Termination within sixty (60) days of the occurrence of the event which constitutes “Good Reason” as defined in Section 5.1.5) by giving written notice thereof to the Company at least 30 days before the effective date 1(m). The Notice of such termination. Such notice Termination shall specify set forth in reasonable detail the facts and circumstances which constitute Good Reason based upon which claimed to provide a basis for the Executive intends to terminate his employment. Upon such termination, the Executive shall be entitled to such compensation as provided in Sections 5.1.3 and 5.3 of this AgreementExecutive’s resignation.

Appears in 1 contract

Samples: Employment Agreement (MasterCraft Boat Holdings, Inc.)

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