Termination by Resignation or Retirement. If the Executive's employment is terminated by the Executive's resignation or retirement, other than at the written request of the Company or for Good Reason, the Company shall pay the Executive all base salary, when due, through the date of termination at the then current rate in effect at the time the Notice of Termination is given plus all other amounts and benefits to which the Executive is entitled under any compensation plan, or practice of the Company, pension plan, retirement savings plan, equity participation plan, stock purchase plan, medical benefits and other benefits of the Company or provided by law, at the time such payments are due and the Company shall have no further obligations to the Executive under this Agreement.
Termination by Resignation or Retirement. The Minister may terminate voluntarily by providing ninety (90) days notice in writing to the Chair of the Board, and such termination will become effective at the expiration of the ninety (90) day period or any mutually agreed upon longer period. The Minister agrees to continue to perform all duties during such notice period and to take all necessary steps to effectuate an effective transfer of duties during that time. At its option and discretion, the Board may reduce or eliminate the ninety (90) day notice period and provide pay in-lieu of notice for the time period that the notice is shortened or eliminated.28
Termination by Resignation or Retirement. The Minister may terminate voluntarily by providing 120 days' notice in writing to the Chair of the Board; such termination will become effective at the end of the 120-day period or any mutually agreed upon longer period. The Minister will continue to perform all duties and to provide for an effective transfer of duties during that time. At its option and discretion, the Board may reduce or eliminate the ninety (90) day notice period and provide pay in lieu of notice for duration of time period for which the notice is shortened or eliminated. The rules of UUA benefit plans limit the Congregation's ability to extend benefits after termination. Contact the UUA Office of Church Staff Finances for guidance.
Termination by Resignation or Retirement. The Executive may at any time resign or retire, other than for Good Reason, by Notice of Termination to the Company. The Executive's employment will be terminated 30 days after receipt of the Notice of Termination, unless another date is agreed to by both the Executive and the Company. For purposes of this Agreement, “retirement” shall mean the Executive's resignation, other than for Good Reason, at any time after attaining the age of 65.
