Common use of Termination at Executive’s Election Clause in Contracts

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, the Company may terminate Executive’s employment immediately and pay Executive thirty (30) days’ Base Salary in lieu of notice.

Appears in 5 contracts

Samples: Employment Agreement (NeoVolta Inc.), Employment Agreement (NeoVolta Inc.), Employment Agreement (NeoVolta Inc.)

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Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, The Executive may terminate his employment hereunder (a) at any time and for Good Reason or (b) for any other reason, upon thirty (30) days’ prior advance written notice given pursuant to Section 12 of this Agreement the Company (“Voluntary Resignation”), provided that upon notice of resignationVoluntary Resignation, the Company may terminate the Executive’s employment immediately and pay the Executive thirty (30) days’ Base Salary pay in lieu of notice.

Appears in 5 contracts

Samples: Employment Agreement (Fibrocell Science, Inc.), Employment Agreement (Fibrocell Science, Inc.), Employment Agreement (Fibrocell Science, Inc.)

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, the Company may terminate Executive’s employment immediately and pay Executive thirty (30) days’ Base Salary in lieu of noticeimmediately.

Appears in 4 contracts

Samples: Employment Agreement (Bluejay Diagnostics, Inc.), Employment Agreement (Bluejay Diagnostics, Inc.), Employment Agreement (Bluejay Diagnostics, Inc.)

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, resignation the Company may terminate Executive’s employment immediately and pay Executive thirty (30) days’ Base Salary in lieu of noticeimmediately.

Appears in 3 contracts

Samples: Employment Agreement (Volcon, Inc.), Employment Agreement (Volcon, Inc.), Employment Agreement (Volcon, Inc.)

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty fifteen (3015) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, the Company may terminate Executive’s employment immediately and pay Executive thirty fifteen (3015) days’ Base Salary in lieu of notice.

Appears in 2 contracts

Samples: Employment Agreement (Holly Brothers Pictures, Inc.), Employment Agreement (Holly Brothers Pictures, Inc.)

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty reason whatsoever or for no reason at all in Executive’s sole discretion by giving (30) days’ prior days written notice given to the Board pursuant to Section 12 10 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, the Company may terminate Executive’s employment immediately and pay Executive thirty (30) days’ Base Salary in lieu of notice.

Appears in 1 contract

Samples: Employment Agreement (Forward Industries Inc)

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Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his their employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, resignation the Company may terminate Executive’s employment immediately and pay Executive thirty (30) days’ Base Salary in lieu of noticeimmediately.

Appears in 1 contract

Samples: Employment Agreement (Volcon, Inc.)

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty (30) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), ; provided that upon in the event that Executive gives written notice of resignationhis Voluntary Resignation to the Company, the Company may terminate unilaterally accelerate Executive’s employment immediately termination date and pay Executive thirty (30) days’ Base Salary such acceleration shall not result in lieu a termination by the Company for purposes of noticethis Agreement.

Appears in 1 contract

Samples: Employment Agreement (Bluejay Diagnostics, Inc.)

Termination at Executive’s Election. Notwithstanding anything contained elsewhere in this Agreement to the contrary, Executive may terminate his employment hereunder at any time and for any reason, upon thirty ninety (3090) days’ prior written notice given pursuant to Section 12 of this Agreement (“Voluntary Resignation”), provided that upon notice of resignation, the Company may terminate Executive’s employment immediately and pay Executive thirty ninety (3090) days’ Base Salary in lieu of notice.

Appears in 1 contract

Samples: Employment Agreement (Fibrocell Science, Inc.)

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