Common use of Termination by Employee Without Cause Clause in Contracts

Termination by Employee Without Cause. Employee may terminate his employment at any time and for any reason, and if such termination is not as the result of a Constructive Discharge as provided in Section 8.4. Employee agrees to provide at least two (2) weeks' notice prior to the date of a termination for other than Constructive Discharge. In the event of a termination by Employee other than for Constructive Discharge, Employee shall be entitled to all Base Compensation and Incentive Compensation earned by or accrued for the benefit of Employee through the date of termination, but shall not be entitled to any Severance Benefit.

Appears in 2 contracts

Samples: Merger Agreement (Celerity Group Inc), Merger Agreement (Celerity Group Inc)

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Termination by Employee Without Cause. Employee may terminate his her employment at any time and for any reason, and if such termination is not as the result of a Constructive Discharge as provided in Section 8.4. Employee agrees to provide at least two (2) weeks' notice prior to the date of a termination for other than Constructive Discharge. In the event of a termination by Employee other than for Constructive Discharge, Employee shall be entitled to all Base Compensation and Incentive Compensation earned by or accrued for the benefit of Employee through the date of termination, but shall not be entitled to any Severance Benefit.

Appears in 2 contracts

Samples: Merger Agreement (Celerity Group Inc), Merger Agreement (Celerity Group Inc)

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