Termination at Employee’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Employee may terminate his employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 11 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, the Company may terminate Employee’s employment immediately and pay Employee thirty (30) days’ Base Salary in lieu of notice.
Termination at Employee’s Election. Employee may resign from employment with the Company for any reason by providing written notice to the Company prior to the date selected for resignation. If Employee resigns from employment, Employee shall be entitled to receive only the following: (i) payment of Employee’s Base Salary through and including the date of resignation; (ii) payment of any earned but unpaid Incentive Compensation for the prior fiscal year pursuant to the terms of Section 3.2; (iii) payment for all accrued and unused vacation time existing as of the date of resignation, which will be made at a rate calculated in accordance with Employee’s Base Salary at the time of resignation; and (iv) reimbursement of business expenses incurred prior to the date of resignation in accordance with Section 3.4.4. Except as expressly set forth in this Section 4.3, in the event Employee resigns from employment, Employee shall not be entitled to receive any Base Salary, Incentive Compensation, Fringe Benefits or other items, except that Employee may continue to participate in the Employee Benefit Plans to the extent permitted by and in accordance with the terms thereof or as otherwise required by law.
Termination at Employee’s Election. In the event that Employee resigns (including, without limitation any resignation given under Section 7 below), he shall not be entitled to any Severance and, the obligations of the Company under the Amendment shall terminate. The Company may, in its sole discretion, shorten or eliminate the notice period contained in Employee's notice of termination, and terminate Employee's employment at an earlier date. Provided, however, that in the event the Company shortens or eliminates the Employee's Notice Period, the Company shall pay Employee compensation in lieu of notice equal to the balance he would have received during Employee's Notice Period, plus car allowance
Termination at Employee’s Election. Employee may resign from employment with the Company for any reason by providing written notice to the Company prior to the date selected for resignation. If Employee resigns from employment, Employee shall be entitled to receive only the following: (i) payment of Employee’s Base Salary through and including the date of resignation; (ii) payment of any earned but unpaid Incentive Compensation for the prior fiscal year pursuant to the terms of Section 3.2; and (iii) reimbursement of business expenses incurred prior to the date of resignation in accordance with Section 3.4.3. Except as expressly set forth in this Section 4.3, in the event Employee resigns from employment, Employee shall not be entitled to receive any Base Salary, Incentive Compensation, Fringe Benefits or other items, except that Employee may continue to participate in the Employee Benefit Plans to the extent permitted by and in accordance with the terms thereof or as otherwise required by law.
Termination at Employee’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Employee may terminate his employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 8 of this Agreement (“Voluntary Resignation”), provided that upon receipt of notice of resignation, the Company may terminate Employee’s employment immediately and pay Employee all monies owed. Employee may terminate this Agreement upon written notice to the Company for cause and for purposes of this Agreement the term “for cause” under this Section 5 (a) (iii) shall mean Company’s failure to pay Employee within 14 days of any normal pay due date or any breach hereunder this Agreement by Company of any material term or condition each of which remain uncured by Company within ten (10) days of Employees notice to Company and any for cause termination.
Termination at Employee’s Election. In the Event of a termination of the Employee's employment at his election upon not less than one hundred and twenty (120) days' advance written notice to the Company, the Employee shall be entitled to only: (a) base salary through date of termination; (b) payment for accrued but unused vacation time through the termination date; and (c) statutory benefit continuation rights in accordance with COBRA, provided the Employee makes the appropriate and timely voluntary contribution payments and subject to applicable law and the requirements of the Company's health insurance plans then in effect.
Termination at Employee’s Election
