Termination by Employee Without Cause. Employee may terminate this Agreement and his employment with the Company without cause upon thirty (30) days prior written notice to the Company. Employee may be required to perform his job duties and will be paid his regular compensation up to the date of the termination. At the option of the Company, the Company may require Employee to immediately terminate employment upon receiving said thirty (30) days’ notice from Employee of the termination of this Agreement. In such event, the Company will pay to Employee an amount equal to thirty (30) calendar days of his Base.
Appears in 4 contracts
Samples: Employment Agreement (Vicor Technologies, Inc.), Employment Agreement (Vicor Technologies, Inc.), Employment Agreement (Vicor Technologies, Inc.)
Termination by Employee Without Cause. Employee may terminate this Agreement and his employment with the Company without cause upon thirty (30) days prior written notice to the Company. Employee may be required to perform his job duties and will be paid his regular compensation up to the date of the termination. At the option of the Company, the Company may require Employee to immediately terminate employment upon receiving said thirty (30) days’ ' notice from Employee of the termination of this Agreement. In such event, the Company will pay to Employee an amount equal to thirty (30) calendar days of his Base.
Appears in 3 contracts
Samples: Employment Agreement (Vicor Technologies, Inc.), Employment Agreement (Vicor Technologies, Inc.), Employment Agreement (Vicor Technologies, Inc.)