Common use of Termination by Employee for Other than Good Reason Clause in Contracts

Termination by Employee for Other than Good Reason. Employee may voluntarily terminate his employment with the Corporation for any reason whatsoever, by providing Corporation written notice thereof. In such event, Employee's employment shall terminate effective on the thirtieth day after the receipt of such notice by Corporation unless the parties mutually agree to an earlier termination. Upon termination for Other Than Good Reason by the Employee, the Employee shall be paid all Base Salary, any applicable Incentive Compensation, and the pro rata portion of any Bonus Compensation that may have then been earned but is unpaid, and all benefits that are then vested or otherwise owned by the Employee, as of such date of termination. Such payments shall be made in accordance with the Corporation's normal payroll practices.