Common use of Termination by Employee for Cause Clause in Contracts

Termination by Employee for Cause. Employee may, at his option, terminate this Agreement and Employee's employment hereunder, immediately upon giving written notice of termination to Company or under this Agreement. For purposes of this provision, "Cause" for termination by Employee means the occurrence of any of the following if not corrected with Company within 15 days of receipt of Employee's specific written demand for correction:

Appears in 4 contracts

Samples: Employment Agreement (Offshore Tool & Energy Corp), Employment Agreement (Offshore Tool & Energy Corp), Employment Agreement (Offshore Tool & Energy Corp)

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