Termination by Employee without Good Reason. Employee may elect to terminate Employee’s employment at any time and for any reason, upon thirty (30) days’ prior written notice to the Company. Employee agrees to continue to perform the duties of Employee’s position and to otherwise cooperate with the Company throughout this entire notice period. The Company may, however, upon receiving such notice of termination, elect to make the termination effective at any earlier time during the notice period. In either case if such termination is without Good Reason, salary and benefits shall be paid to Employee through Employee’s effective termination date only, and the Company shall have no further obligation to Employee. Employee’s continuing obligations to the Company under this Agreement, however, shall remain in full force and effect, including without limitation with respect to non-disclosure, non-competition, and non-solicitation.
Appears in 8 contracts
Samples: Senior Management Severance and Change in Control Agreement (Mosaic Co), Senior Management Severance and Change in Control Agreement (Mosaic Co), Senior Management Severance and Change in Control Agreement (Mosaic Co)
Termination by Employee without Good Reason. Employee may elect to terminate Employee’s employment at any time and for any reason, upon thirty (30) days’ days prior written notice to the Company. Employee agrees to continue to perform the duties of Employee’s position and to otherwise cooperate with the Company throughout this entire notice period. The Company may, however, upon receiving such notice of termination, elect to make the termination effective at any earlier time during the notice period. In either case if such termination is without Good Reasoncase, salary and benefits shall be paid to Employee through Employee’s effective termination date only, and the Company shall have no further obligation to Employee. Employee’s continuing obligations to the Company under this Agreement, however, shall remain in full force and effect, including without limitation particularly with respect to non-disclosure, non-competition, and non-solicitation.
Appears in 4 contracts
Samples: Senior Management Severance Agreement, Senior Management Severance Agreement (Mosaic Co), Senior Management Severance Agreement (Mosaic Co)
Termination by Employee without Good Reason. Employee may elect to terminate Employee’s employment at any time and for any reason, upon thirty (30) days’ prior written notice to the Company. Employee agrees to continue to perform the duties of Employee’s position and to otherwise cooperate with the Company throughout this entire notice period. The Company may, however, upon receiving such notice of termination, elect to make the termination effective at any earlier time during the notice period. In either case if such termination is without Good Reason, salary and benefits shall be paid to Employee through Employee’s effective termination date only, and the Company shall have no further obligation to Employee. Employee’s continuing obligations to the Company under this AgreementAgreement and the Non-Competition, Non-Solicitation, Non-Defamation and Confidentiality Agreement independently executed by Employee, however, shall remain in full force and effect, including without limitation with respect to non-disclosure, non-competition, and non-solicitation.
Appears in 1 contract
Samples: Senior Management Severance and Change in Control Agreement (Mosaic Co)
Termination by Employee without Good Reason. Employee may elect to terminate Employee’s employment at any time and for any reason, upon thirty (30) days’ prior written notice to the Company. Employee agrees to continue to perform the duties of Employee’s position and to otherwise cooperate with the Company throughout this entire notice period. The Company may, however, upon receiving such notice of termination, elect to make the termination effective at any earlier time during the notice period. In either case if such termination is without Good Reason, salary and benefits shall be paid to Employee through Employee’s effective termination date only, and the Company shall have no further obligation to EmployeeEmployee under this Agreement. Employee’s continuing obligations to the Company under this Agreement, the Restrictive Covenants Agreement and the Employee Confidential Information, Inventions, and Original Works of Authorship Agreement however, shall remain in full force and effect, including without limitation with respect to non-disclosure, non-competition, and non-solicitation.
Appears in 1 contract
Samples: Senior Management Severance and Change in Control Agreement (Mosaic Co)
Termination by Employee without Good Reason. Upon termination of employment by Employee may elect without Good Reason pursuant to terminate Section 8(e), the Company shall pay any Accrued Base Salary and any Accrued Obligations. In addition, if Employee enters into and does not revoke the Release within sixty (60) days following termination, then the Company shall pay to Employee on the Payment Date, if payable, any Unpaid Prior Year Bonus. If the Company terminates Employee’s employment at any time and for any reason, immediately upon thirty (30) days’ prior written notice to the Company. Employee agrees to continue to perform the duties or after receipt of Employee’s position and to otherwise cooperate with notice of termination (such termination by the Company throughout this entire shall not be deemed a termination by the Company without Cause), the Company shall also pay any Base Salary for the remaining portion of the ninety (90) day notice periodadvance period as described in Section 8(f). The Company may, however, upon receiving such notice of termination, elect to make the termination effective at any earlier time during the notice period. In either case if such termination is without Good Reason, salary and benefits shall be paid to Employee through Employee’s effective termination date only, and the Company shall have no further obligation to Employee. Employee’s continuing obligations to the Company Employee upon such termination under this Agreement, however, shall remain in full force and effect, including without limitation with respect to non-disclosure, non-competition, and non-solicitation.
Appears in 1 contract
Samples: Employment Agreement (Clear Channel Outdoor Holdings, Inc.)