Common use of Termination by Executive Clause in Contracts

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be provided.

Appears in 10 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Cleco Corp), Executive Employment Agreement (Cleco Corp)

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Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without Cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company specifying an effective date of such termination ninety (90) days after the date of such notice, during which time the Executive may use remaining accrued vacation days, or at the Company’s option, be paid for such shorter period as may be agreed upon days. In the event this Agreement is terminated by the Chief Executive, neither the Company nor the Executive Officer and Executive. In such eventwill have any further obligations hereunder including, no additional without limitation, any obligation of the Company to provide any further payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedthe Executive after the effective date of such termination.

Appears in 9 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Termination by Executive. Executive may terminate this Agreement ------------------------ and his employment hereunder by at least thirty (30) days advance written notice to Xxxxxxxx, except that in the event of any material breach of this Agreement by Xxxxxxxx, Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, hereunder immediately upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedXxxxxxxx.

Appears in 8 contracts

Samples: Employment Agreement (Stilwell Financial Inc), Employment Agreement (Stilwell Financial Inc), Employment Agreement (Stilwell Financial Inc)

Termination by Executive. Executive may terminate this Agreement and his or her Executive’s employment hereunder, other than on account of Constructive Termination, hereunder upon 30 days prior thirty (30) days’ written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedCompany.

Appears in 8 contracts

Samples: Merger Agreement (Dpac Technologies Corp), Employment Agreement (Dpac Technologies Corp), Employment Agreement (Dpac Technologies Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement such compensation arrangement or other benefit plan or as may be required by law to be providedlaw.

Appears in 7 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days thirty (30) days' prior written notice to the Company. Executive may at his election and subject to the Company's consent, perform his duties through to the termination date and the Company or such shorter period as may be agreed upon by shall continue to pay and provide Executive with all of the Chief compensation and benefits set forth in Section 3) through to the termination date, but Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providednot receive any severance allowance.

Appears in 6 contracts

Samples: Executive Employment Agreement (Genius Products Inc), Executive Employment Agreement (Genius Products Inc), Employment Agreement (Genius Products Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior at any time by providing written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executiveof not less than thirty (30) days. In such event, no additional payments or benefits event Executive shall be due hereunder, except as may be provided entitled under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law this Agreement solely to be providedsalary and benefits accrued through the date of termination.

Appears in 5 contracts

Samples: Merger Agreement (Simon Robert J), Employment Agreement (Foilmark Inc), Merger Agreement (Holopak Technologies Inc)

Termination by Executive. Executive may terminate this Agreement (1) due to the Executive's retirement; provided that Executive provides Employer with thirty (30) days written notice, pursuant to Section 4(I), prior to the effective date of such retirement, as shall be stated in such notice, and his or her employment hereunder, (2) for any reason other than on account of Constructive Termination, upon 30 Executive's retirement; provided that the Executive provides Employer with sixty (60) days prior written notice prior to the Company or effective date of such shorter period termination, as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedstated in such notice.

Appears in 4 contracts

Samples: Executive Employment Agreement (Todhunter International Inc), Executive Employment Agreement (Todhunter International Inc), Executive Employment Agreement (Todhunter International Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no the Company shall pay to Executive the compensation described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement such compensation arrangement or other benefit plan or as may be required by law to be providedlaw.

Appears in 4 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC)

Termination by Executive. Notwithstanding any provision contained in this Agreement to the contrary, Executive may shall be entitled to terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 thirty (30) days prior advance written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedEmployer.

Appears in 4 contracts

Samples: Employment Agreement (MEDCAREERS GROUP, Inc.), Employment Agreement (MEDCAREERS GROUP, Inc.), Employment Agreement (Generation Zero Group, Inc.)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 90 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum as soon as practicable following Executive’s Termination Date. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement such compensation arrangement or other benefit plan or as may be required by law to be providedlaw.

Appears in 4 contracts

Samples: Executive Employment Agreement (Renasant Corp), Executive Employment Agreement (Renasant Corp), Merger Agreement (Renasant Corp)

Termination by Executive. Executive may terminate his obligations pursuant to this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 by giving Employer at least thirty (30) days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executivein advance. In such event, no additional payments or benefits the event Executive terminates his obligations said termination shall be due hereunder, except treated as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be provided.for cause

Appears in 4 contracts

Samples: Employment Agreement (Performance Capital Management LLC), Employment Agreement (Performance Capital Management LLC), Employment Agreement (Performance Capital Management LLC)

Termination by Executive. At any time after 180 days have elapsed from the date of this Agreement, Executive may shall have the right to terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 90 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and ExecutiveCompany. In the event of such eventtermination, no additional payments or benefits Executive shall be due hereunderentitled to, except and the Company shall pay, such compensation that is equal to the For Cause Termination Compensation provided herein as may if there had been a For Cause Termination. Executive shall be provided under entitled to all of the remedies he would have as if there had been a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedFor Cause Termination.

Appears in 4 contracts

Samples: Employment Agreement (Allstates Worldcargo Inc), Employment Agreement (Allstates Worldcargo Inc), Employment Agreement (Allstates Worldcargo Inc)

Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company specifying an effective date of such termination thirty (30) days after the date of such notice, during which time Executive may use remaining accrued vacation days, or at the Company's option, be paid for such shorter period as may be agreed upon days. In the event this Agreement is terminated by the Chief Executive, neither the Company nor the Executive Officer and Executive. In such eventwill have any further obligations hereunder including, no additional payments or benefits shall be due hereunderwithout limitation, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be provided.any obligation of the

Appears in 3 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement such compensation arrangement or other benefit plan or as may be required by law to be providedlaw.

Appears in 3 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Corp)

Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company specifying an effective date of such termination sixty (60) days after the date of such notice, during which time Executive may use remaining accrued vacation days, or at the Company's option, be paid for such shorter period as may be agreed upon days. In the event this Agreement is terminated by the Chief Executive, neither the Company nor the Executive Officer and Executive. In such eventwill have any further obligations hereunder including, no additional without limitation, any obligation of the Company to provide any further payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedthe Executive after the effective date of such termination.

Appears in 3 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, at any time upon 30 days prior written calendar days’ notice (“Executive Notice Period”) to the Company, whether or not such termination is for Good Reason as described below. The Company may elect whether or such shorter period as may be agreed upon by not Executive shall perform duties under this Agreement during all or a portion of the Chief Executive Officer and Executive. In such event, no additional payments or benefits Notice Period but shall be due hereunder, except required to pay Executive all wages and other compensation as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedfor in Section 3 until the end of the Executive Notice Period.

Appears in 3 contracts

Samples: Employment Agreement (Osi Systems Inc), Employment Agreement (Osi Systems Inc), Employment Agreement (Osi Systems Inc)

Termination by Executive. Executive may terminate his obligations pursuant to this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 by giving Employer at least thirty (30) days prior written notice. The time shall run from the date the notice to the Company or such shorter period as may be agreed upon is received by the Chief Executive Officer and ExecutiveChair or Co-Chairs of the Board of Directors. In such event, no additional payments or benefits the event Executive terminates his obligations said termination shall be due hereunder, except treated as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedfor cause.

Appears in 3 contracts

Samples: Employment Agreement (Performance Capital Management LLC), Employment Agreement (Performance Capital Management LLC), Employment Agreement (Performance Capital Management LLC)

Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without Cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company specifying an effective date of such termination ninety (90) days after the date of such notice, during which time Executive may use remaining accrued vacation days, or at the Company's option, be paid for such shorter period as may be agreed upon days. In the event this Agreement is terminated by the Chief Executive, neither the Company nor the Executive Officer and Executive. In such eventwill have any further obligations hereunder including, no additional without limitation, any obligation of the Company to provide any further payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedthe Executive after the effective date of such termination.

Appears in 2 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer Board of Directors and Executive. In such event, no the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum not later than three days after such termination. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement such compensation arrangement or other benefit plan or as may be required by law to be providedlaw.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cleco Power LLC), Executive Employment Agreement (Cleco Corp)

Termination by Executive. The Executive may terminate this Agreement and his or her employment hereundermay, other than on account of Constructive Termination, upon 30 days prior written by providing four (4) weeks’ notice in writing to the Company or Company, terminate his employment and this Agreement. Upon receipt of such shorter period as may be agreed upon notice, the Company, in its sole discretion, may, by notice in writing, specify an earlier termination date. All other entitlements, including coverage under the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate Company’s benefit plan, policy or program evidencing a retirement or other benefit plan or if any, shall cease as may be required by law to be providedof the termination date.

Appears in 2 contracts

Samples: Employment Agreement (Golden Queen Mining Co LTD), Employment Agreement (Golden Queen Mining Co LTD)

Termination by Executive. This Agreement may be terminated by Executive may terminate this Agreement and his or her employment hereunder, other upon not less than on account of Constructive Termination, upon 30 thirty (30) days prior written notice to the Company or Company. If this Agreement is terminated pursuant to this paragraph, Executive will be entitled to only the compensation as described in Section 2 through the effective date of such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedtermination.

Appears in 2 contracts

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

Termination by Executive. The Executive may terminate this Agreement Agreement, and his or her employment hereunderthe contract created herein, other than on account of Constructive Termination, upon 30 by giving at least Ninety (90) days prior written notice of such intention to the Company or Corporation. After the expiry of such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such eventnotice, no additional payments or benefits shall be due hereunderall obligations, except for the obligations of the Executive under Articles 6, 7 and 8 hereof, which shall continue as may be provided in those Articles, of the Corporation and the Executive under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedthis Agreement shall cease.

Appears in 2 contracts

Samples: Personal Services Agreement (Skye International, Inc), Personal Services Agreement (Skye International, Inc)

Termination by Executive. The Executive may terminate this Agreement and his employment at any time, for any reason or her employment hereunderno reason, other than on account of Constructive Terminationwith or without Cause (as defined below), upon 30 days prior written notice to by providing the Company or with 30-days advance written notice. Thereafter, all obligations of the Company under this Agreement shall cease except that Executive will be entitled to wages earned through the effective date of such shorter period termination as may be agreed upon by well as the Chief Executive Officer severance compensation and Executive. In such eventbenefits provided in Sections 4 and 5 below, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedif applicable.

Appears in 2 contracts

Samples: Employment Agreement (Pure Bioscience, Inc.), Employment Agreement (Pure Bioscience, Inc.)

Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company or specifying a Termination Date no sooner than thirty (30) days after the date of such shorter period as may be agreed upon notice. The Company reserves the right to end the employment relationship at any time after the notice date and to pay Executive through the notice date. If this Agreement is terminated by the Chief Executive Officer and Executive. In such eventin accordance with this paragraph, no additional payments or benefits shall the obligations of the parties will be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required controlled by law to be providedparagraph 6.6.

Appears in 2 contracts

Samples: Employment Agreement (Chesapeake Midstream Partners, L.P.), Employment Agreement (Chesapeake Midstream Partners, L.P.)

Termination by Executive. Notwithstanding any otherprovisions of this Agreement, Executive may terminate this Agreement and his Executive's employmenteither (i) in the event of a "Change in Control" or her employment hereunder, other than on account of Constructive Termination, (ii) by written noticeserved upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief within thirty (30) calendar days after Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedhasknowledge of an event constituting "Good Reason."

Appears in 2 contracts

Samples: Employment Agreement (Palomar Medical Technologies Inc), Employment Agreement (Palomar Medical Technologies Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior by delivering a written notice to Company at least hundred and twenty (120) days in advance of the Original Expiration Date or the Renewal Date, as the case may be. Company or such shorter period may terminate this Agreement for the reasons as may be agreed upon by the Chief Executive Officer and Executiveset forth in this Section IV. In such eventeach case, no additional payments or benefits Executive's last day of employment shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedthe "Termination Date."

Appears in 2 contracts

Samples: Asset Purchase Agreement (Bridge Technology Inc), Agreement of Purchase and Sale of Assets (Bridge Technology Inc)

Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company or specifying a Termination Date no sooner than thirty (30) days after the date of such shorter period as may be agreed upon notice. The Company reserves the right to end the employment relationship at any time after the notice date and to pay Executive through the notice date. If this Agreement is terminated by the Chief Executive Officer and Executive. In such eventin accordance with this paragraph, no additional payments or benefits shall the obligations of the parties will be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required controlled by law to be providedparagraph 6.5 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Mid-States Oilfield Supply LLC), Employment Agreement (Mid-States Oilfield Supply LLC)

Termination by Executive. The Executive may voluntarily terminate this Agreement and his with or her employment hereunder, other than on account without cause by the service of Constructive Termination, upon 30 days prior written notice of such termination to the Company or specifying a Termination Date no sooner than thirty (30) days after the date of such shorter period as may be agreed upon notice. The Company reserves the right to end the employment relationship at any time after the notice date and to pay Executive through the notice date. If this Agreement is terminated by the Chief Executive Officer in accordance with this paragraph, the obligations of the parties will be controlled by paragraphs 6.3 and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be provided6.6 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Chesapeake Midstream Partners Lp)

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Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account at any time by delivery of Constructive Termination, upon 30 days prior a written notice of resignation to Company ("notice of Resignation") thirty (30) prior to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executivedate of termination. In such eventthe event of termination by Executive pursuant to this provision, no additional payments or benefits Executive shall be due hereunderentitled to (i) the Base Salary paid or provided to Executive under this Agreement through the date of termination, except and (ii) exercise the Options, as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedabove.

Appears in 1 contract

Samples: Employment Agreement (Intermost Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, at any time upon 30 days prior twelve (12) months written notice to the Company or upon three (3) months written notice if such shorter period termination is for Good Reason as defined below (the “Executive Notice Period”). The Company may be agreed upon by elect whether or not Executive shall perform duties under this Agreement during all or a portion of the Chief Executive Officer and Executive. In such event, no additional payments or benefits Notice Period but shall be due hereunder, except required to pay Executive all wages and other compensation as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedfor in Section 3 until the end of the Executive Notice Period.

Appears in 1 contract

Samples: Employment Agreement (Osi Systems Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company Board, or such shorter period as may be agreed upon by the Chief Executive Officer Board and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be provided.

Appears in 1 contract

Samples: Executive Employment Agreement (Cleco Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days thirty (30) days' prior written notice to the Company or such shorter period as . Executive may be agreed upon by at his election and subject to the Chief Company 's consent, perform his duties through to the termination date and the Company shall continue to pay and provide Executive Officer with all of the compensation and Executive. In such eventbenefits set forth in Section 2) through to the termination date, no additional payments or benefits but Executive shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providednot receive any severance allowance.

Appears in 1 contract

Samples: Executive Employment Agreement (Genius Products Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 90 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer Board and Executive. In such event, no the Company shall pay or provide to Executive only such amounts and benefits as are required by law to be paid. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or in which Executive participates as may be required by law to be providedof his Termination Date.

Appears in 1 contract

Samples: Executive Employment Agreement (Britton & Koontz Capital Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, at any time upon 30 days prior twelve (12) months written notice to the Company, or upon three (3) months written notice if such termination is for Good Reason as defined below. The Company may elect whether or such shorter period as may be agreed upon by not Executive shall perform duties under this Agreement during all or a portion of the Chief Executive Officer and Executive. In such event, no additional payments or benefits Notice Period but shall be due hereunder, except required to pay Executive all wages and other compensation as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedfor in Section 3 until the end of the Executive Notice Period.

Appears in 1 contract

Samples: Employment Agreement (Osi Systems Inc)

Termination by Executive. The Executive may may, by providing four (4) weeks’ notice in writing to the Company, terminate this Agreement and his or her employment hereunderand this Agreement. Upon receipt of such notice, the Company, in its sole discretion, may, by notice in writing, specify an earlier termination date. All other than on account of Constructive Terminationentitlements, upon 30 days prior written notice to including coverage under the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate Company’s benefit plan, policy or program evidencing a retirement or other benefit plan or if any, shall cease as may be required by law to be providedof the termination date.

Appears in 1 contract

Samples: Employment Agreement (Golden Queen Mining Co LTD)

Termination by Executive. Executive may terminate this Agreement and his without cause or her employment hereunder, other than on account of Constructive Termination, upon reason by giving one (1) month’s (30 days prior calendar days) written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and ExecutiveCompany. In such eventthe event Executive provides written notice of termination of this Agreement, no additional payments or Company may reduce the time period set forth in this Section. In the event Company reduces the time period set forth herein, Company shall only be obligated to provide Executive with Base Compensation and other benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedthrough the actual date upon which Executive’s employment is terminated.

Appears in 1 contract

Samples: Compensation Agreement (Sparbar, Inc.)

Termination by Executive. Executive may for any reason terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to the Company. On or before the last date of his employment, the Company or such shorter period as may shall make the payment provided for in Article IV (.3)(a) hereof and no further payments shall be agreed upon required to be made by the Chief Executive Officer and Company to Executive. In such eventIf Executive terminates his employment for any reason before February 16, no additional payments or benefits 2005, the amount any Signing Bonus shall be returned by Executive to the Company, or offset against any sums due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required to Executive by law to be providedthe Company.

Appears in 1 contract

Samples: Executive Employment Agreement (First Aviation Services Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days at any time by giving ninety (90) days' prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and ExecutiveCompany. In such event, Executive shall receive no additional payments or benefits further compensation hereunder after the Termination Date as defined herein other than the health insurance opportunity provided in Xxxxxxxxx 0X hereof, but that the Non-Compete contained in the Letter Agreement and this Agreement shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law continue to be providedapply in accordance with their terms.

Appears in 1 contract

Samples: Retirement Agreement (Marshall & Ilsley Corp/Wi/)

Termination by Executive. This Agreement may be terminated at the ------------------------ discretion of the Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 thirty (30) days prior written notice to the Company, in which event the Company or shall pay Executive all amounts due hereunder through the date of termination set forth in such shorter period as may be agreed upon notice, including, without limitation, incentive compensation earned by the Chief Executive Officer and Executive. In under the executive bonus plan for a prior calendar year but unpaid by the Company as of the date of termination set forth in such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providednotice.

Appears in 1 contract

Samples: Employment Agreement (Fairfield Communities Inc)

Termination by Executive. The Executive may terminate this Employment Agreement and his or her employment hereunderat any time, other than on account of Constructive Terminationwithout Cause, upon 30 days prior sixty (60) days’ written notice by the Executive to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunderand, except as may be provided under a separate planin Section 5(f) hereof, policy the Executive shall have no right to receive any compensation or program evidencing a retirement or other benefit plan or as may be required by law to be providedhereunder after such termination.

Appears in 1 contract

Samples: Employment Agreement (20/20 GeneSystems, Inc.)

Termination by Executive. Executive may may, with or without cause, terminate his engagement under this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 days by giving the Company at least 60 days' prior written notice to the Company or of such shorter period as termination (which may be agreed upon waived by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedCompany).

Appears in 1 contract

Samples: Services Agreement (Cedar Group Inc)

Termination by Executive. Executive may has the right to terminate this Agreement and his or her the Executive's employment hereunder, other than on account of Constructive Termination, upon 30 days prior written notice to hereunder by providing the Company with written notice, which shall provide for an effective date of termination (the "Voluntary Termination Date"). The Executive shall receive the remuneration, benefits and expenses contemplated by this Agreement with respect to periods prior to such Voluntary Termination Date and any options to acquire common stock which may have vested up to and including the Voluntary Termination Date and the Executive shall not be entitled to any other remuneration, reimbursement or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunder, payment except as may be otherwise provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be providedin this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Futurelink Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment separate from service hereunder, other than on account of his Constructive Termination, upon 30 days 60 days’ prior written notice to the Company Company, or such shorter period as may be agreed upon by the Chief Executive Officer Company and Executive. In such event, the Company shall pay or provide the Mandated Amounts and shall have no additional payments or benefits shall be due further obligation hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law to be provided.

Appears in 1 contract

Samples: Executive Employment Agreement (Renasant Corp)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 hereunder by at least thirty (30) days prior advance written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer and Executive. In such event, no additional payments or benefits shall be due hereunderXxxxxxxx, except as that in the event of any material breach of this Agreement by Xxxxxxxx, Executive may be provided under a separate plan, policy or program evidencing a retirement or other benefit plan or as may be required by law terminate this Agreement and her employment hereunder immediately upon notice to be providedXxxxxxxx.

Appears in 1 contract

Samples: Employment Agreement (Stilwell Financial Inc)

Termination by Executive. This Agreement may be voluntarily terminated by Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, at any time upon 30 days prior sixty (60) days' written notice to the Company Corporation or upon such shorter period as may be agreed upon by between Executive and the Chief Executive Officer and ExecutiveBoard. In the event of such eventtermination, no additional payments or benefits the Corporation shall be due hereunder, except as obligated only to continue to pay Executive his salary up to the date of termination and the Corporation shall have no obligations to Executive under the terms of this Agreement with respect to those retirement and/or employee benefits or bonus or severance amounts which may be provided under a separate plan, policy have been earned or program evidencing a retirement or other benefit plan or as may be required by law to be providedbecome payable through and including the date of such termination.

Appears in 1 contract

Samples: Employment Agreement (Davel Communications Inc)

Termination by Executive. Executive may terminate this Agreement and his or her employment hereunder, other than on account of Constructive Termination, upon 30 90 days prior written notice to the Company or such shorter period as may be agreed upon by the Chief Executive Officer Board and Executive. In such event, no the Company shall pay to Executive the amount described in Section 3.1a hereof. Payment shall be made in the form of a single-sum as soon as practicable following Executive’s Termination Date. No additional payments or benefits shall be due hereunder, except as may be provided under a separate plan, policy or program evidencing a retirement such compensation arrangement or other benefit plan or as may be required by law to be providedlaw.

Appears in 1 contract

Samples: Executive Employment Agreement (Renasant Corp)

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