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

Termination by Employee other than for Good Reason. Employee may terminate his employment with Employer other than for Good Reason upon fifteen (15) days’ written notice to Employer, after which Employer shall have no further obligation hereunder to Employee, except for payment of amounts of Base Salary and other benefits accrued through the Termination Date. If Employee so notifies Employer of such termination, Employer shall have the right to accelerate the effective date of such termination to any date after Employer’s receipt of such notice, but such acceleration will not be deemed to constitute a termination of Employee’s employment by Employer without Cause, and the consequences of such termination will continue to be governed by this subsection (d).

Appears in 3 contracts

Samples: Employment Agreement (Summer Energy Holdings Inc), Employment Agreement (Summer Energy Holdings Inc), Employment Agreement (Summer Energy Holdings Inc)

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Termination by Employee other than for Good Reason. Employee may terminate his her employment with Employer other than for Good Reason upon fifteen (15) days’ written notice to Employer, after which Employer shall have no further obligation hereunder to Employee, except for payment of amounts of Base Salary and other benefits accrued through the Termination Date. If Employee so notifies Employer of such termination, Employer shall have the right to accelerate the effective date of such termination to any date after Employer’s receipt of such notice, but such acceleration will not be deemed to constitute a termination of Employee’s employment by Employer without Cause, and the consequences of such termination will continue to be governed by this subsection (d).

Appears in 3 contracts

Samples: Employment Agreement (Summer Energy Holdings Inc), Employment Agreement (Summer Energy Holdings Inc), Employment Agreement (Summer Energy Holdings Inc)

Termination by Employee other than for Good Reason. Employee may terminate his employment with Employer other than for Good Reason upon fifteen sixty (1560) days’ written notice to Employer, after which Employer shall have no further obligation hereunder to Employee, except for payment of amounts of Base Salary and other benefits accrued through the Termination Date. If Employee so notifies Employer of such termination, Employer shall have the right to accelerate the effective date of such termination to any date after Employer’s receipt of such notice, but such acceleration will not be deemed to constitute a termination of Employee’s employment by Employer without Cause, and the consequences of such termination will continue to be governed by this subsection (d).

Appears in 2 contracts

Samples: Employment Agreement (Galaxy Gaming, Inc.), Employment Agreement (Galaxy Gaming, Inc.)

Termination by Employee other than for Good Reason. Employee may terminate his her employment with Employer other than for Good Reason upon fifteen (15) days' written notice to Employer, after which Employer shall have no further obligation hereunder to Employee, except for payment of amounts of Base Salary and other benefits accrued through the Termination Date. If Employee so notifies Employer of such termination, Employer shall have the right to accelerate the effective date of such termination to any date after Employer’s 's receipt of such notice, but such acceleration will not be deemed to constitute a termination of Employee’s 's employment by Employer without Cause, and the consequences of such termination will continue to be governed by this subsection (d).

Appears in 2 contracts

Samples: Employment Agreement (Summer Energy Holdings Inc), Employment Agreement (Summer Energy Holdings Inc)

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Termination by Employee other than for Good Reason. Employee may terminate his or her employment with Employer other than for Good Reason upon fifteen thirty (1530) days’ written notice to Employer, after which Employer shall have no further obligation hereunder to Employee, except for payment of amounts of Base Salary and other benefits accrued through the Termination Date. If Employee so notifies Employer of such termination, Employer shall have the right to accelerate the effective date of such termination to any date after Employer’s receipt of such notice, but such acceleration will not be deemed to constitute a termination of Employee’s employment by Employer without Cause, and the consequences of such termination will continue to be governed by this subsection (d).

Appears in 1 contract

Samples: Employment Agreement (Summer Energy Holdings Inc)

Termination by Employee other than for Good Reason. Employee may terminate his employment with Employer other than for Good Reason upon fifteen (15) days' written notice to Employer, after which Employer shall have no further obligation hereunder to Employee, except for payment of amounts of Base Salary and other benefits accrued through the Termination Date. If Employee so notifies Employer of such termination, Employer shall have the right to accelerate the effective date of such termination to any date after Employer’s 's receipt of such notice, but such acceleration will not be deemed to constitute a termination of Employee’s 's employment by Employer without Cause, and the consequences of such termination will continue to be governed by this subsection (d).

Appears in 1 contract

Samples: Employment Agreement (Summer Energy Holdings Inc)

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