Common use of Termination by Consultant without Good Reason Clause in Contracts

Termination by Consultant without Good Reason. The Consultant may terminate his agreement without Good Reason by providing the Company thirty (30) days’ written notice of such termination. In the event of a termination of agreement by the Consultant under this Section 6(g), the Consultant shall be entitled only to the Accrued Obligations. In the event of termination of the Consultant’s employment under this Article 6(g), the Company may, in its sole and absolute discretion, by written notice, accelerate such date of termination and still have it treated as a termination without Good Reason.

Appears in 3 contracts

Samples: Consultant Agreement (Feigeda Electronic Technology, Inc.), Consultant Agreement (Abakan, Inc), Consultant Agreement (Simple Tech, Inc.)

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Termination by Consultant without Good Reason. The Consultant may (a) This Agreement will terminate his agreement without Good Reason by providing immediately upon delivery to the Company thirty (30) days’ of written notice of such termination. In the event of a termination of agreement by the Consultant under this Section 6(g), the Consultant shall be entitled only to the Accrued Obligations. In the event of termination of the Consultant’s employment under this Article 6(g), the Company may, in its sole and absolute discretion, by written notice, accelerate such date of termination and still have it treated as a termination without Good Reason. (b) Upon termination of this Agreement pursuant to this Section 7.4, the Company will pay to Consultant, on the Termination Date, a lump sum payment of the Accrued Compensation. The Company will have no further obligation to Consultant pursuant to this Agreement.

Appears in 3 contracts

Samples: Consulting Agreement (Vca Antech Inc), Consulting Agreement (Vca Antech Inc), Consulting Agreement (Vca Antech Inc)

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Termination by Consultant without Good Reason. The Consultant may (a) This Agreement will terminate his agreement without Good Reason by providing immediately upon delivery to the Company thirty (30) days’ of written notice of such termination. In the event of a termination of agreement by the Consultant under this Section 6(g), the Consultant shall be entitled only to the Accrued Obligations. In the event of termination of the Consultant’s employment under this Article 6(g), the Company may, in its sole and absolute discretion, by written notice, accelerate such date of termination and still have it treated as a termination without Good Reason. (b) Upon termination of this Agreement pursuant to this Section 7.4, the Company will pay to Consultant, on the Termination Date, a lump sum payment of

Appears in 1 contract

Samples: Consulting Agreement (Vca Antech Inc)

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