Common use of Resignation of Employee Clause in Contracts

Resignation of Employee. If Employee resigns prior to the end of the term of this Agreement, this Agreement shall terminate immediately, and the Company shall pay to Employee that part of his Base Salary which would otherwise be payable to Employee through the effective date of his resignation. Upon such payment, all obligations in any manner whatsoever of ACG to Employee shall be fully satisfied.

Appears in 4 contracts

Samples: Employment Agreement (Advanced Communications Group Inc/De/), Agreement and Plan of Exchange (Advanced Communications Group Inc/De/), Employment Agreement (Advanced Communications Group Inc/De/)

AutoNDA by SimpleDocs

Resignation of Employee. If Employee resigns prior to the end of the term of this Agreement, this Agreement shall terminate immediately, and the Company shall pay to Employee that part of his Base Salary which would otherwise be payable to Employee through the effective date of his resignation. Upon such payment, all obligations in any manner whatsoever of ACG the Company to Employee shall be fully satisfied.

Appears in 2 contracts

Samples: Agreement and Plan of Exchange (Advanced Communications Group Inc/De/), Employment Agreement (Worldpages Com Inc)

Resignation of Employee. If Employee resigns prior to the end of the term of this Agreement, this Agreement shall terminate immediately, and the Company shall pay to Employee that part of his her Base Salary in addition to her Commission which would otherwise be payable to Employee through the effective date of his her resignation. Upon such payment, all obligations in any manner whatsoever of ACG Company to Employee shall be fully satisfied.

Appears in 1 contract

Samples: Employment Agreement (Advanced Communications Group Inc/De/)

AutoNDA by SimpleDocs

Resignation of Employee. If Employee resigns prior to the end of the term of this Agreement, this Agreement shall terminate immediately, and the Company shall pay to Employee that part of his Base Salary Total Commission which would otherwise be payable to Employee through the effective date of his resignation. Upon such payment, all obligations in any manner whatsoever of ACG Company to Employee shall be fully satisfied.

Appears in 1 contract

Samples: Employment Agreement (Advanced Communications Group Inc/De/)

Time is Money Join Law Insider Premium to draft better contracts faster.