RESIGNATION WITHOUT CAUSE Clause Samples

RESIGNATION WITHOUT CAUSE. The Executive may resign his employment without Cause upon 6 months advance written notice to the Company; provided that the Company may waive the notice period.

RESIGNATION WITHOUT CAUSE. Upon 30-day written notice to TLHD, Employee may resign her position as Chief Executive Officer, with no further obligation to TLHD except as set forth in this Agreement or as required by law. In any event, TLHD shall have no cause of action or claim against Employee based on or related to any expenditure by TLHD directly attributable to Employee’s exercise of her rights under this Section 3(d), whether related to TLHD’s recruitment and/or selection of Employee’s replacement, or as a result of any salary increase or recruitment cost, as applicable, attributable to Employee’s replacement.”

RESIGNATION WITHOUT CAUSE. You may resign your employment without cause by providing at least thirty days and not more than 60 days advance notice of your intended resignation date. Upon effective resignation without cause, you shall be paid your salary earned and owing up to the date of resignation and any accrued vacation pay. Your eligibility for benefits other than earned pay and vacation payout, if any, shall be determined according to then applicable plan documents and applicable law. You shall not be entitled to severance pay. Upon receipt of your notice of intent to resign, the Company may terminate your employment at any time prior to the designated resignation date and pay you the balance of what you would have earned according to your base salary, had you continued employment up to the resignation date and any accrued vacation pay.

RESIGNATION WITHOUT CAUSE. (i) Executive shall be entitled to terminate this Agreement by providing the Bank with a written notice of resignation at least ninety (90) days prior to the intended resignation date. Any resignation by Executive which is not for cause, as defined above in Section 5(e), shall be deemed to be a resignation without cause. In lieu of having Executive work for the Bank through the effective date of the resignation without cause, the Bank may terminate this Agreement immediately; provided, however, that the Bank shall still pay Executive amounts to which he would otherwise be entitled through the effective date of such resignation. Upon the effective date of Executive’s resignation, Executive shall not be entitled to receive any other compensation or benefits as provided in the Bank’s benefit plans or agreements, except as provided in Section 3(h)(i). (ii) In the event of termination pursuant to this Section 5(g), the Bank shall be relieved of all its obligations under this Agreement, except as provided in Section 3(h)(i).

RESIGNATION WITHOUT CAUSE. The Executive may terminate his employment by providing the Company at least thirty (30) days advance written notice; provided that in such event, the Executive will cease performing any duties and responsibilities immediately or at any time during such thirty (30) day period, if so requested by the Company. Executive's termination of employment shall not be deemed to be voluntary and shall be deemed to be a resignation with "Good Reason" if it is based upon one more of the following, without Executive's prior written consent: (i) a material diminution in Executive's title, duties or salary; (ii) a reduction in benefits which is not part of an across-the-board reduction in benefits of all senior executive personnel; (iii) a direction by the Board of Directors that Executive report to anyone other than the Board of Directors or (iv) a material breach of this Agreement by the Company. It shall also constitute Good Reason for Executive to resign if he no longer serves on the Board of Directors, unless the Executive declines to so serve.

RESIGNATION WITHOUT CAUSE. The Independent Contractor may terminate his engagement by providing the Company at least thirty (30) days advance written notice; provided that in such event, the Independent Contractor will cease performing any duties and responsibilities immediately or at any time during such thirty (30) day period, if so requested by the Company and shall forfeit all benefits to which he is entitled under the terms of this Agreement.