Common use of Termination by the Executive Clause in Contracts

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to the Company (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good Reason.

Appears in 14 contracts

Samples: Employment Agreement (Amc Entertainment Holdings, Inc.), Employment Agreement (Amc Entertainment Inc), Employment Agreement (Delcath Systems Inc)

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Termination by the Executive. The During the Period of Employment, the Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 8 contracts

Samples: Employment Agreement (Semtech Corp), Employment Agreement (AFC Gamma, Inc.), Employment Agreement (AFC Gamma, Inc.)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, Company may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 7 contracts

Samples: Employment Agreement (Cepton, Inc.), Employment Agreement (Cepton, Inc.), Employment Agreement (Growth Capital Acquisition Corp.)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with Good ReasonConstructive Termination (as defined herein), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not fails to, or cannot, reasonably cured cure the circumstances event that gave gives rise to the basis for the termination with Good ReasonConstructive Termination.

Appears in 7 contracts

Samples: Employment Agreement (Tibet Pharmaceuticals, Inc.), Employment Agreement (Nobao Renewable Energy Holdings LTD), Employment Agreement (China Kanghui Holdings)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good ReasonReason or a Change of Control event as defined herein, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 7 contracts

Samples: Employment Agreement (Spectrum Global Solutions, Inc.), Employment Agreement (Spectrum Global Solutions, Inc.), Employment Agreement (Spectrum Global Solutions, Inc.)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not fails to, or cannot, pursuant to Section 5.5(d) reasonably cured cure the circumstances event that gave rise to the basis for the termination with constitutes Good Reason.

Appears in 5 contracts

Samples: Stock Option Agreement (Seracare Life Sciences Inc), Nonqualified Stock Option Agreement (Seracare Life Sciences Inc), Nonqualified Stock Option Agreement (Seracare Life Sciences Inc)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with Good ReasonConstructive Termination, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good ReasonConstructive Termination) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonConstructive Termination.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement (Norwegian Cruise Line Holdings Ltd.), Employment Agreement (NCL CORP Ltd.)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, under this Agreement may be terminated by the Executive with no less than ninety (90) days’ advance by written notice to the Company Board of Directors within sixty (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with 60) days following an event constituting “Good Reason.” The Executive’s termination of employment shall become effective on the thirty-first (31st) day following such notice, provided the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company Bank has not reasonably cured remedied the circumstances that gave condition giving rise to the basis for the termination with event of “Good Reason.” For purposes of this Agreement, “Good Reason” shall mean:

Appears in 4 contracts

Samples: Employment Agreement (Meridian Bancorp, Inc.), Employment Agreement (Meridian Bancorp, Inc.), Employment Agreement (Meridian Interstate Bancorp Inc)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, Company may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 4 contracts

Samples: Employment Agreement (Next Bridge Hydrocarbons, Inc.), Employment Agreement (Next Bridge Hydrocarbons, Inc.), Employment Agreement (Next Bridge Hydrocarbons, Inc.)

Termination by the Executive. The Executive’s Executive may terminate his employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to Employer 60 days in advance, whether with or without Good Reason. If the Company (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination Executive terminates with Good Reason, the Executive may provide immediate written termination will take effect at the conclusion of the 60-day period unless the event or circumstance constituting Good Reason is cured by Employer or unless the notice of termination once the applicable cure period (as contemplated for Good Reason is revoked by the definition Executive within the 60-day period. For purposes of this Employment Agreement, “Good Reason) has lapsed if ” means any of the Company has not reasonably cured following events occur without the circumstances that gave rise to the basis for the termination with Good Reason.Executive’s written consent –

Appears in 3 contracts

Samples: Employment Agreement (Crescent Financial Corp), Employment Agreement (Crescent Financial Corp), Employment Agreement (Crescent Financial Corp)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 3 contracts

Samples: Employment Agreement (Huayue Electronics, Inc.), Employment Agreement (Intercloud Systems, Inc.), Employment Agreement (Intercloud Systems, Inc.)

Termination by the Executive. The Executive’s Executive may terminate employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to the Company (such notice to be delivered Bank 60 days in accordance advance, whether with Section 17); provided, however, that in or without Good Reason. If the case of a termination Executive terminates with Good Reason, the Executive may provide immediate written termination will take effect at the end of the 60-day period unless the event or circumstance constituting Good Reason is cured by the Employer or unless the notice of termination once the applicable cure period (as contemplated for Good Reason is revoked by the definition Executive within the 60-day period. For purposes of this Agreement, “Good Reason) has lapsed if ” means any of the Company has not reasonably cured following events occur without the circumstances that gave rise to the basis for the termination with Good Reason.Executive’s written consent –

Appears in 3 contracts

Samples: Employment Agreement (First Reliance Bancshares Inc), Employment Agreement (First Reliance Bancshares Inc), Employment Agreement (First Reliance Bancshares Inc)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if upon the Company failing to cure the event that constitutes Good Reason after the Executive has not reasonably cured provided the circumstances that gave rise Company written notice of the event constituting Good Reason and at least a 30-day period to the basis for the termination with Good Reasoncure.

Appears in 3 contracts

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

Termination by the Executive. The Executive’s Executive may terminate his employment hereunder with or without Good Reason (as defined below) by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to the Company Board of Directors of the Employer effective thirty (30) days after receipt of such notice to be delivered in accordance with Section 17); provided, however, that in by the case Board of a termination with Directors. In the event the Executive terminates his employment hereunder for Good Reason, the Executive may provide immediate written notice shall be entitled to the benefits specified in Section 4(d) and the Executive shall not be required to render any further services to the Employer. Upon termination of termination once the applicable cure period (as contemplated employment by the definition of Executive without Good Reason) has lapsed if , the Company has not reasonably cured the circumstances that gave rise Executive shall be entitled to the basis for the termination with no further compensation or benefits under this Agreement. “Good Reason.” includes:

Appears in 2 contracts

Samples: Employment Letter Agreement (Access National Corp), Employment Agreement (Access National Corp)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive Executive, with no or without Good Reason, upon not less than ninety thirty (9030) days’ advance days prior written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with for Good ReasonReason (as such term is defined in Exhibit A), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 2 contracts

Samples: Employment Agreement (Bowlero Corp.), Employment Agreement (Bowlero Corp.)

Termination by the Executive. The Executive’s employment by the Company, Company and the Period of Employment, may be terminated by the Executive Executive, with no or without Good Reason, upon not less than ninety thirty (9030) days’ advance days prior written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with for Good ReasonReason (as such term is defined in Exhibit A), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 2 contracts

Samples: Employment Agreement (Isos Acquisition Corp.), Employment Agreement (Isos Acquisition Corp.)

Termination by the Executive. (i) The Executive’s Executive may terminate his employment hereunder (A) for Good Reason by giving the Company, and the Period Company a Notice of Employment, may be terminated by the Executive with no less than Termination within ninety (90) days’ advance written notice to days of the Company (such notice to be delivered in accordance with Section 17); provided, however, that in initial existence of the case of a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave condition giving rise to the basis Executive’s termination of employment for Good Reason or (B) other than for Good Reason by giving the termination with Good ReasonCompany a Notice of Termination at least thirty (30) days prior to the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (New York Mortgage Trust Inc), Employment Agreement (New York Mortgage Trust Inc)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with Good ReasonConstructive Termination, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good ReasonConstructive Termination) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonConstructive Termination.

Appears in 2 contracts

Samples: Employment Agreement (Mariner, LLC), Employment Agreement (Mariner, LLC)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 2 contracts

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

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not fails to, or cannot, reasonably cured cure the circumstances event that gave rise to the basis for the termination with constitutes Good Reason.

Appears in 2 contracts

Samples: Employment Agreement (Exar Corp), Employment Agreement (NTN Buzztime Inc)

Termination by the Executive. The Executive’s Executive may terminate his employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to the Company Bank thirty (such notice to be delivered 30) days in accordance advance, whether with Section 17); provided, however, that in or without Good Reason. If the case of a termination Executive terminates with Good Reason, the Executive may provide immediate written termination will take effect at the conclusion of the 30-day period unless the event or circumstance constituting Good Reason is cured by the Bank or unless the notice of termination once the applicable cure period (as contemplated for Good Reason is revoked by the definition Executive within the 30-day period. For purposes of this Agreement, "Good Reason) has lapsed if " means the Company has not reasonably cured occurrence of any of the circumstances that gave rise to the basis for the termination with Good Reason.following events:

Appears in 2 contracts

Samples: Employment Agreement (Citizens South Banking Corp), Employment Agreement (Citizens South Banking Corp)

Termination by the Executive. The Executive’s 's employment by the Company, and the Period of Employment, under this Agreement may be terminated by the Executive with no less than ninety (90) days’ advance by written notice to the Company Board of Directors within sixty (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with 60) days following an event constituting "Good Reason." The Executive's termination of employment shall become effective on the thirty-first (31st) day following such notice, provided the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company Bank has not reasonably cured remedied the circumstances that gave condition giving rise to the basis for the termination with event of "Good Reason." For purposes of this Agreement, "Good Reason" shall mean:

Appears in 2 contracts

Samples: Employment Agreement (Meridian Interstate Bancorp Inc), Employment Agreement (Meridian Interstate Bancorp Inc)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with Good ReasonConstructive Termination (as defined herein), the Executive may provide immediate written notice of termination once if the applicable Company fails to, or cannot, reasonably cure the event that gives rise to the Constructive Termination within the time period (as contemplated by prescribed for such cure in the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonConstructive Termination below.

Appears in 2 contracts

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

Termination by the Executive. The Executive’s employment by with the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 2 contracts

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

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with for Good ReasonReason (as defined in Section 5.5), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 1 contract

Samples: Employment Agreement (KI NutriCare, Inc.)

Termination by the Executive. (1) The Executive’s Executive may resign from his employment by hereunder in the Company, and the Period event of Employment, may be terminated by "Good Reason" after thirty (30) days' written notice from the Executive with no less than ninety (90) days’ advance written notice to the Company (Board describing in detail the "Good Reason," if not cured within such notice to be delivered in accordance with Section 17)30-day period; provided, however, that in such notice shall be given no later than ninety (90) days after the case of a termination with Good Reason, time that the Executive may provide immediate written notice has actual knowledge of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave event or condition purportedly giving rise to the basis for the termination with Good Reason.to

Appears in 1 contract

Samples: Employment Agreement (Gart Sports Co)

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Termination by the Executive. The Executive’s 's employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with Good ReasonConstructive Termination (as defined herein), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not fails to, or cannot, reasonably cured cure the circumstances event that gave gives rise to the basis for the termination with Good ReasonConstructive Termination.

Appears in 1 contract

Samples: Form of Employment Agreement (Mindray Medical International LTD)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17)Company; provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if upon the Company failing to cure the event that constitutes Good Reason after the Executive has not reasonably cured provided the circumstances that gave rise Company written notice of the event constituting Good Reason and at least a thirty (30)-day period to the basis for the termination with Good Reasoncure.

Appears in 1 contract

Samples: Employment Agreement (Exar Corp)

Termination by the Executive. The Executive’s 's employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good ReasonReason or a Change of Control event as defined herein, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 1 contract

Samples: Employment Agreement (Intercloud Systems, Inc.)

Termination by the Executive. The During the Period of Employment, the Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good Reasonlapsed.

Appears in 1 contract

Samples: Employment Agreement (Kilroy Realty, L.P.)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 1721); provided, however, that in the case of a termination resignation by the Executive with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination resignation with Good ReasonReason have not been cured as provided in Section 5.5(h), below. No termination of the Executive’s employment hereunder by either Party in accordance with the provisions of this Section 5.2 shall be deemed a breach of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Athene Holding LTD)

Termination by the Executive. (i) The Executive’s Executive may terminate her employment hereunder (A) for Good Reason by giving the CompanyCompany a Notice of Termination and terminating her employment, and the Period of Employmentin each case, may be terminated by the Executive with no less than within ninety (90) days’ advance written notice to days of the Company (such notice to be delivered in accordance with Section 17); provided, however, that in initial existence of the case of a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave condition giving rise to the basis Executive’s termination of employment for Good Reason or (B) other than for Good Reason by giving the termination with Good ReasonCompany a Notice of Termination at least thirty (30) days prior to the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (New York Mortgage Trust Inc)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good ReasonConstructive Termination) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Smile Brands Group Inc.)

Termination by the Executive. The Executive’s employment by with the CompanyCorporation, and the Period of Employment, may be terminated by the Executive with no less than ninety thirty (9030) days’ days advance written notice to the Company Corporation (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good ReasonReason (as defined in Section 5.5), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company Corporation has not reasonably cured the circumstances that gave rise to the basis termination for the termination with Good Reason.

Appears in 1 contract

Samples: Employment Agreement (International Rectifier Corp /De/)

Termination by the Executive. The Executive’s Executive may terminate his employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to the Company (such notice to be delivered Employer 60 days in accordance advance, whether with Section 17); provided, however, that in or without Good Reason. If the case of a termination Executive terminates with Good Reason, the Executive may provide immediate written termination will take effect at the conclusion of the 60-day period unless the event or circumstance constituting Good Reason is cured by the Employer or unless the notice of termination once the applicable cure period (as contemplated for Good Reason is revoked by the definition of Good Reason) has lapsed if Executive within the Company has not reasonably cured 60-day period. Upon such event, the circumstances that gave rise to the basis for the termination with Good Reason.compensation and benefits

Appears in 1 contract

Samples: Employment Agreement (Southern Community Financial Corp)

Termination by the Executive. The Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good Reason.

Appears in 1 contract

Samples: Employment Agreement (Delcath Systems Inc)

Termination by the Executive. (i) The Executive’s Executive may terminate his employment hereunder (A) for Good Reason by giving the CompanyCompany a Notice of Termination and terminating his employment, and the Period of Employmentin each case, may be terminated by the Executive with no less than within ninety (90) days’ advance written notice to days of the Company (such notice to be delivered in accordance with Section 17); provided, however, that in initial existence of the case of a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave condition giving rise to the basis Executive’s termination of employment for Good Reason (and so long as the termination with cure opportunity requirements set forth in the “Good Reason” definition below have been satisfied) or (B) other than for Good Reason by giving the Company a Notice of Termination at least thirty (30) days prior to the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement of Nicholas Mah (New York Mortgage Trust Inc)

Termination by the Executive. The Executive’s Executive may terminate his employment hereunder at any time for Good Reason or without Good Reason by giving the Company prior written notice of termination, which notice of termination shall be effective not less than thirty (30) days after it is given to the Company, and the Period of Employment, may be terminated . A termination for “Good Reason” shall mean termination by the Executive with no less than ninety (90) days’ advance written notice to the Company (such notice to be delivered in accordance with Section 17); providedwithin 60 days following, however, that in the case of and as a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good Reason.result of:

Appears in 1 contract

Samples: Executive Employment Agreement (Lifetime Brands, Inc)

Termination by the Executive. (i) The Executive’s Executive may terminate his employment hereunder (A) for Good Reason by giving the CompanyCompany a Notice of Termination and terminating his employment, and the Period of Employmentin each case, may be terminated by the Executive with no less than within ninety (90) days’ advance written notice to days of the Company (such notice to be delivered in accordance with Section 17); provided, however, that in initial existence of the case of a termination with Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave condition giving rise to the basis Executive’s termination of employment for Good Reason or (B) other than for Good Reason by giving the termination with Good ReasonCompany a Notice of Termination at least thirty (30) days prior to the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (New York Mortgage Trust Inc)

Termination by the Executive. (1) The Executive’s Executive may resign from his employment by hereunder in the Company, and the Period event of Employment, may be terminated by "Good Reason" after thirty (30) days' written notice from the Executive with no less than ninety (90) days’ advance written notice to the Company (Board describing in detail the "Good Reason," if not cured within such notice to be delivered in accordance with Section 17)30-day period; provided, however, that in such notice shall be given no later than ninety (90) days after the case time that the Executive has actual knowledge of a termination with the event or condition purportedly giving rise to Good Reason. In the event of any such resignation, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise Company's obligations to the basis for Executive shall be the termination with Good Reasonsame as set forth in Section 7(a)(2) above.

Appears in 1 contract

Samples: Employment Agreement (Gart Sports Co)

Termination by the Executive. The Executive’s 's employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety (90) days’ days advance written notice to the Company (such notice to be delivered in accordance with Section 17); provided, however, that in the case of a termination with for Good ReasonReason (as defined in Section 5.5), the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 1 contract

Samples: Employment Agreement (Allergy Research Group Inc)

Termination by the Executive. The During the Period of Employment, the Executive’s employment by the Company, and the Period of Employment, may be terminated by the Executive with no less than ninety sixty (9060) days’ advance written notice to the Company (such notice to be delivered in accordance with Section 1718); provided, however, that in the case of a termination with for Good Reason, the Executive may provide immediate written notice of termination once the applicable cure period (as contemplated by the definition of Good Reason) has lapsed if the Company has not reasonably cured the circumstances that gave rise to the basis for the termination with Good ReasonReason termination.

Appears in 1 contract

Samples: Stock Option Agreement (Cti Biopharma Corp)

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