Common use of Termination by Executive Without Good Reason Clause in Contracts

Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by Executive without Good Reason, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this Agreement.

Appears in 13 contracts

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

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Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by Executive without Good Reason, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within promptly following the time provided by law effective date of such termination and the Company shall have no further obligations with respect to any benefit or compensation under this Agreement to Executive under this Agreementhereunder.

Appears in 9 contracts

Samples: Executive Employment Agreement (Spero Therapeutics, Inc.), Executive Employment Agreement (Spero Therapeutics, Inc.), Executive Employment Agreement

Termination by Executive Without Good Reason. If Upon termination of Executive’s employment hereunder is terminated by Executive without Good Reason, then the Company all obligations to pay or provide Executive compensation and benefits under this Agreement shall pay terminate, except Executive shall be paid the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this AgreementObligations.

Appears in 6 contracts

Samples: Employment Agreement (Global Aviation Holdings Inc.), Employment Agreement (Global Aviation Holdings Inc.), Employment Agreement (Global Aviation Holdings Inc.)

Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by the Executive terminates this Agreement without Good Reason, then the Company shall pay Executive his Salary and other benefits earned or accrued through the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this Agreementdate of termination.

Appears in 5 contracts

Samples: Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Realbiz Media Group, Inc), Employment Agreement (Realbiz Media Group, Inc)

Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by Executive without Good Reason, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this Agreement.

Appears in 5 contracts

Samples: Executive Employment Agreement (Evofem Biosciences, Inc.), Executive Employment Agreement (Evofem Biosciences, Inc.), Executive Employment Agreement (Evofem Biosciences, Inc.)

Termination by Executive Without Good Reason. If Executive’s Executive terminates his/her employment hereunder is terminated by Executive without Good Reason, then the Company will pay Executive all Accrued Compensation earned through the date of such resignation. Nothing herein shall pay prohibit the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for Company, in its discretion, from effectuating Executive’s resignation sooner than the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this Agreementdate set forth in Executive’s Notice of Termination.

Appears in 3 contracts

Samples: Executive Severance Agreement (Akebia Therapeutics, Inc.), Executive Severance Agreement (Akebia Therapeutics, Inc.), Executive Severance Agreement (Akebia Therapeutics, Inc.)

Termination by Executive Without Good Reason. If In the event Executive’s employment hereunder is voluntarily terminated by Executive without Good ReasonReason (and Executive may terminate this Agreement without Good Reason upon fifteen (15) days prior notice), then the Company shall pay the not be obligated to make any further payments to Executive hereunder other than Accrued Base Obligations and any accrued and unpaid Annual Performance Accrued Bonus for Obligations through the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this AgreementTermination Date.

Appears in 2 contracts

Samples: Employment Agreement (Harris Interactive Inc), Employment Agreement (Harris Interactive Inc)

Termination by Executive Without Good Reason. If In the event Executive’s employment hereunder is voluntarily terminated by Executive without Good Reason, then the Company shall pay the not be obligated to make any further payments to Executive hereunder other than Accrued Base Obligations and any accrued and unpaid Annual Performance Accrued Bonus for Obligations through the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this AgreementTermination Date.

Appears in 2 contracts

Samples: Employment Agreement (Harris Interactive Inc), Employment Agreement (Harris Interactive Inc)

Termination by Executive Without Good Reason. If Executive’s In the event Executive terminates his employment hereunder is terminated by Executive without Good Reason, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations obligation to make any payments to Executive except, subject to Executive's compliance with his obligations under this AgreementSection 4 hereof, for any portion of his salary through the date of such termination, provided that Executive executes a release agreement satisfactory to the Company pursuant to which he agrees, among other things, not to make any claims, whether at law or in equity, against the Company.

Appears in 2 contracts

Samples: Employment Agreement (Champions Biotechnology, Inc.), Employment Agreement (Champions Biotechnology, Inc.)

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Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by Executive without Good Reason, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within promptly following the time provided by law effective date of such termination, and the Company shall have no further obligations with respect to any benefit or compensation under this Agreement to Executive under this Agreementhereunder.

Appears in 2 contracts

Samples: Executive Employment Agreement (Spero Therapeutics, Inc.), Executive Employment Agreement (Spero Therapeutics, Inc.)

Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by Executive without Good Reason, within the time period provided by law, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year 2022 Bonus, if termination pursuant to Executive within the time provided by law this subsection occurs following December 31, 2022 and the 2022 Bonus is unpaid (the “Accrued Bonus”). The Company shall have no further obligations to Executive under this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (XL Fleet Corp.)

Termination by Executive Without Good Reason. If In the event Executive’s 's employment hereunder is voluntarily terminated by Executive without Good ReasonReason (and Executive may terminate this Agreement without Good Reason upon fifteen (15) days prior notice), then the Company shall pay the not be obligated to make any further payments to Executive hereunder other than Accrued Base Obligations and any accrued and unpaid Annual Performance Accrued Bonus for Obligations through the prior fiscal year to Executive within the time provided by law and the Company shall have no further obligations to Executive under this AgreementTermination Date.

Appears in 1 contract

Samples: Employment Agreement (Harris Interactive Inc)

Termination by Executive Without Good Reason. Executive may terminate his employment hereunder without Good Reason. If Executive’s 's employment hereunder is terminated by Executive without Good Reason, then then, on the Company Termination Date, Executive shall pay the Accrued Obligations and receive (A) any accrued and unpaid Annual Performance Bonus for Salary through the prior fiscal year Termination Date, (B) bonuses declared to be payable to Executive within the time provided by law and for any fiscal periods of the Company shall have no further obligations ending prior to Executive under this Agreementthe Termination Date, and (C) the Retirement Compensation pursuant to Section 5(g) hereof, determined as of the Termination Date.

Appears in 1 contract

Samples: Employment Agreement (Be Aerospace Inc)

Termination by Executive Without Good Reason. If Executive’s employment hereunder is terminated by Executive without Good Reason, then the Company shall pay the Accrued Obligations and any accrued and unpaid Annual Performance Bonus for the prior fiscal year to Executive within promptly following the time provided by law effective date of such termination and the Company shall have no further obligations with respect to any benefit or compensation under this Amended Agreement to Executive under this Agreementhereunder.

Appears in 1 contract

Samples: Executive Employment Agreement (Spero Therapeutics, Inc.)

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