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)

AutoNDA by SimpleDocs

Termination by Employee for Cause. Employee may, at his option, may terminate this Agreement and Employee's employment hereunder, immediately for Good Reason upon giving 30 days written notice of termination to Company or under this AgreementEmployer setting forth with specificity the grounds for termination. For purposes of this provisionAs used herein, "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 1 contract

Samples: Employment Agreement (Solitron Devices Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!