Common use of Termination by Resignation Clause in Contracts

Termination by Resignation. If Executive resigns other than due to an Effective Termination Without Cause, Executive will be entitled to receive only accrued but unpaid Base Salary, accrued unpaid prior year bonuses and accrued benefits (including vested equity awards) through the effective date of Executive’s resignation. Upon termination of Executive’s employment by resignation, the obligations of the Company under this Agreement to make any further payments or to provide any further benefits to Executive will cease and terminate.

Appears in 8 contracts

Samples: Employment Agreement (Enservco Corp), Employment Agreement (Enservco Corp), Employment Agreement (Enservco Corp)

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Termination by Resignation. If Except as set forth below, if Executive resigns other than due to an Effective Termination Without Causefor any reason, Executive will be entitled to receive only accrued but unpaid Base Salary, accrued unpaid prior year bonuses Salary and accrued benefits (including vested equity awardsoptions pursuant to subsection 3.c. above) through the effective date of Executive’s resignation. Upon termination ; provided, however, in the event that Executive resigns with an effective date not more than 180 days following a Change of Executive’s employment by resignationControl, the obligations of the Company under this Agreement to make any further payments or to provide any further benefits to Executive will cease and terminate.be entitled to the following severance benefits:

Appears in 3 contracts

Samples: Employment Agreement (Enservco Corp), Employment Agreement (Enservco Corp), Employment Agreement (Enservco Corp)

Termination by Resignation. If Except as set forth below, if Executive resigns other than due to an Effective Termination Without Causefor any reason, Executive will be entitled to receive only accrued but unpaid Base Salary, accrued unpaid prior year bonuses Salary and accrued benefits (including vested equity awardsoptions pursuant to subsection 3.c. above) through the effective date of Executive’s resignation. Upon termination of Executive’s employment by resignation; provided, however, in the obligations of the Company under this Agreement to make any further payments event that Executive resigns with an effective date not more than 90 days following a Management Change or to provide any further benefits to Ownership Change, Executive will cease and terminate.be entitled to the following severance benefits:

Appears in 1 contract

Samples: Employment Agreement (Aspen Exploration Corp)

Termination by Resignation. If Except as set forth below, if Executive resigns other than due to an Effective Termination Without Causefor any reason, Executive will be entitled to receive only accrued but unpaid Base Salary, accrued unpaid prior year bonuses Salary and accrued benefits (including vested equity awardsoptions pursuant to subsection 3.c. above) through the effective date of Executive’s resignation. Upon termination of Executive’s employment by resignation, the obligations of the Company under this Agreement to make any further payments or to provide any further benefits to Executive will cease and terminate.

Appears in 1 contract

Samples: Employment Agreement (Aspen Exploration Corp)

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Termination by Resignation. If Except as set forth below, if Executive resigns other than due to an Effective Termination Without Causefor any reason, Executive will shall be entitled to receive only accrued but unpaid Base Salary, accrued unpaid prior year bonuses bonus and accrued benefits (including vested equity awards) through the effective date of Executive’s resignation. Upon termination of Executive’s employment by resignation, except for the obligations set forth in this subsection b., the obligations of the Company under this Agreement to make any further payments or to provide any further benefits to Executive will shall cease and terminate.

Appears in 1 contract

Samples: Employment Agreement (Aspen Exploration Corp)

Termination by Resignation. If Except as set forth below, if Executive resigns other than due to an Effective Termination Without Causefor any reason, Executive will be entitled to receive only accrued but unpaid Base Salary, accrued unpaid prior year bonuses bonus payments as applicable if agreed to in writing by the Company, and accrued benefits (including vested equity awardsoptions pursuant to subsection 3.c. above) through the effective date of Executive’s resignation. Upon termination of Executive’s employment by resignation, the obligations of the Company under this Agreement to make any further payments or to provide any further benefits to Executive will cease and terminate.

Appears in 1 contract

Samples: Employment Agreement (Enservco Corp)

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