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

Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time for any reason or no reason at all, upon three (3) months' advance written notice. During such notice period the Executive shall continue to diligently perform all of the Executive's duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's termination effective at any time prior to the end of such notice period as long as the Company pays the Executive all compensation under Section 3 hereof to which the Executive is entitled up through the last day of the three (3) months' notice period. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his employment for Good Reason, as provided in Section 5.2, no severance or other separation benefits shall be paid to the Executive.

Appears in 20 contracts

Samples: Executive Employment Agreement (Fincera Inc.), Executive Employment Agreement (Fincera Inc.), Executive Employment Agreement (Fincera Inc.)

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Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time for any reason or no reason at all, upon three (3) months' advance written notice. During such notice period the Executive shall continue to diligently perform all of the Executive's duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's termination effective at any time prior to the end of such notice period as long as the Company pays the Executive all compensation under Section 3 hereof to which the Executive is entitled up through the last day of the three (3) months' notice periodactual termination date. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his her employment for Good Reason, as provided in Section 5.2, no severance Severance or other separation benefits shall be paid to the Executive.

Appears in 7 contracts

Samples: Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., LTD)

Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time for any reason or no reason at all, upon three (3) months' advance written notice. During such notice period the Executive shall continue to diligently perform all of the Executive's duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's termination effective at any time prior to the end of such notice period as long as the Company pays the Executive all compensation under Section 3 hereof to which the Executive is entitled up through the last day of the three (3) months' notice periodactual termination date. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his employment for Good Reason, as provided in Section 5.2, no severance Severance or other separation benefits shall be paid to the Executive.

Appears in 3 contracts

Samples: Executive Employment Agreement (NFT LTD), Executive Employment Agreement (Takung Art Co., LTD), Executive Employment Agreement (Takung Art Co., LTD)

Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time for any reason or no reason at all, upon three two (32) months' advance written notice. During such notice period the Executive shall continue to diligently perform all of the Executive's ’s duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's ’s termination effective at any time prior to the end of such notice period as long as the Company pays the Executive all compensation under Section 3 hereof to which the Executive is entitled up through the last day of the three two (32) months' notice period. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his employment for Good Reason, as provided in Section 5.2, no severance or other separation benefits shall be paid to the Executive.

Appears in 2 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Baidu.com, Inc.)

Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time time, for any reason or no reason at all, upon three with four (34) months' weeks’ advance written noticenotice of any termination by Executive other than for Good Reason (as defined below). During such notice period the Executive shall continue to diligently perform all of the Executive's ’s duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's ’s termination effective at any time prior to the end of such notice period as long as but not less than two (2) weeks after the Company pays the date such notice is provided, in which case Executive all would receive compensation under Section 3 hereof to which the Executive is entitled only up through the last day effective date of the three (3) months' notice periodtermination of his employment. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his employment for Good Reason, as provided in Section 5.2, no severance or other separation benefits shall be paid to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Arch Therapeutics, Inc.)

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Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time for any reason or no reason at all, upon three (3) months' advance written notice. During such notice period the Executive shall continue to diligently perform all of the Executive's duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's termination effective at any time prior to the end of such notice period as long Jong as the Company pays the Executive all compensation under Section 3 hereof to which the Executive is entitled up through the last day of the three (3) months' notice periodactual termination date. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his employment for Good Reason, as provided in Section 5.2, no severance Severance or other separation benefits shall be paid to the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Takung Art Co., Ltd.)

Termination by Executive other than for Good Reason. The Executive may terminate employment with the Company at any time for any reason or no reason at all, upon three (3) months' advance written notice. During such notice period the Executive shall continue to diligently perform all of the Executive's ’s duties hereunder. The Company shall have the option, in its sole discretion, to make the Executive's ’s termination effective at any time prior to the end of such notice period as long as the Company pays the Executive all compensation under Section 3 hereof to which the Executive is entitled up through the last day of the three (3) months' notice periodactual termination date. Thereafter all obligations of the Company shall cease. Unless the Executive terminates his employment for Good Reason, as provided in Section 5.2, no severance Severance or other separation benefits shall be paid to the Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Takung Art Co., LTD)

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