Common use of Termination by Executive with Good Reason Clause in Contracts

Termination by Executive with Good Reason. Executive may terminate Executive’s employment with Good Reason during the Term of Employment by providing the Company ten (10) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such ten (10) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 2 contracts

Samples: Employment Agreement (Vine Resources Inc.), Employment Agreement (Vine Resources Inc.)

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Termination by Executive with Good Reason. Executive may terminate Executive’s his employment with Good Reason during the Term of Employment by providing the Company ten thirty (1030) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such ten thirty (1030) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d7(e) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d7(e) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e7(f), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 2 contracts

Samples: Employment Agreement (Kodiak Gas Services, Inc.), Employment Agreement (Kodiak Gas Services, Inc.)

Termination by Executive with Good Reason. Executive may terminate Executive’s employment with Good Reason during the Term of Employment by providing the Company ten thirty (1030) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such ten thirty (1030) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 2 contracts

Samples: Employment Agreement (Medassets Inc), Employment Agreement (Medassets Inc)

Termination by Executive with Good Reason. Executive may terminate Executive’s employment with Good Reason during the Term of Employment by providing the Company ten (10) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such ten (10) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section ‎Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section ‎Section 8(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section ‎Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefitspayments and benefits set forth in Section 8(d) hereof.

Appears in 2 contracts

Samples: Employment Agreement (Rumble Inc.), Employment Agreement (Rumble Inc.)

Termination by Executive with Good Reason. Executive may terminate Executive’s his employment with Good Reason during the Term of Employment by providing the Company ten thirty (1030) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty thirty (6030) days of the occurrence of such event. During such ten thirty (1030) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d7(e) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d7(e) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e7(f), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 2 contracts

Samples: Employment Agreement (Certara, Inc.), Employment Agreement (Certara, Inc.)

Termination by Executive with Good Reason. Executive may terminate Executive’s his employment with Good Reason during the Term of Employment by providing the Company ten thirty (1030) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty thirty (6030) days of the Executives knowledge of occurrence of such event. During such ten (10) day notice period, the Company shall have a cure right (if curable)right, and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d7(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d7(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e7(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 1 contract

Samples: Employment Agreement (Essent Group Ltd.)

Termination by Executive with Good Reason. Executive may terminate Executive’s employment with Good Reason during the Term of Employment by providing the Company ten twenty (1020) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty ninety (6090) days of the occurrence of such event. During such ten twenty (1020) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section ‎Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section ‎Section 8(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section ‎Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 1 contract

Samples: Employment Agreement (AdaptHealth Corp.)

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Termination by Executive with Good Reason. Executive may terminate Executive’s her employment with Good Reason during the Term of Employment by providing the Company ten thirty (1030) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such ten thirty (1030) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 1 contract

Samples: Employment Agreement (AssetMark Financial Holdings, Inc.)

Termination by Executive with Good Reason. Executive may terminate Executive’s his employment with Good Reason during the Term of Employment by providing the Company ten (10) 30 days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) 60 days of the occurrence of such event. During such ten (10) 30 day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section 8(d7(e) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section 8(d7(e) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section 8(e7(f), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 1 contract

Samples: Employment Agreement (Kodiak Gas Services, Inc.)

Termination by Executive with Good Reason. Executive may terminate Executive’s employment with Good Reason during the Term of Employment by providing the Company ten (10) days’ written notice setting forth in reasonable specificity the event that constitutes Good Reason, which written notice, to be effective, must be provided to the Company within sixty (60) days of the occurrence of such event. During such ten (10) day notice period, the Company shall have a cure right (if curable), and if not cured within such period, Executive’s termination will be effective upon the expiration of such cure period, and Executive shall be entitled to the same payments and benefits as provided in Section ‎Section 8(d) hereof for a termination by the Company without Cause, subject to the same conditions on payment and benefits as described in Section ‎Section 8(d) hereof. Following such termination of Executive’s employment by Executive with Good Reason, except as set forth in this Section ‎Section 8(e), Executive shall have no further rights to any compensation or any other benefits under this Agreement. For the avoidance of doubt, unless otherwise mutually agreed to by the parties at the time of Executive’s termination, Executive’s sole and exclusive remedy upon a termination of employment with Good Reason shall be receipt of the Severance Benefits.

Appears in 1 contract

Samples: Employment Agreement (Rumble Inc.)

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