Common use of Termination Due to Resignation Clause in Contracts

Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's employment, and Employee's right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's termination. If Employee resigns pursuant to this Section 6(a), Employer's only remaining financial obligation to Employee under this Agreement will be to pay: (i) any earned but unpaid Base Salary and accrued Paid Time Off through the effective date of Employee's termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's vested portion of any Magellan deferred compensation or other benefit plan.

Appears in 4 contracts

Samples: Employment Agreement (Magellan Health Services Inc), Employment Agreement (Magellan Health Services Inc), Employment Agreement (Magellan Health Services Inc)

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Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's ’s employment, and Employee's ’s right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's ’s termination. If Employee resigns pursuant to this Section 6(a), Employer's ’s only remaining financial obligation to Employee under this Agreement will be to pay: (i) any earned but unpaid Base Salary and accrued Paid Time Off through the effective date of Employee's ’s termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's ’s vested portion of any Magellan deferred compensation or other benefit plan.

Appears in 4 contracts

Samples: Employment Agreement (Magellan Health Services Inc), Employment Agreement (Magellan Health Services Inc), Employment Agreement (Magellan Health Services Inc)

Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 90 days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's ’s employment, and Employee's ’s right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's ’s termination. If Employee resigns pursuant to this Section 6(a), Employer's ’s only remaining financial obligation to Employee under this Agreement will be to pay, subject to Section 10: (i) any earned but unpaid Base Salary and accrued Paid Time Off through the effective date of Employee's ’s termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's ’s vested portion of any Magellan deferred compensation or other benefit plan.

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Services Inc)

Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 180 days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's ’s employment, and Employee's ’s right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's ’s termination. If Employee resigns pursuant to this Section 6(a), Employer's ’s only remaining financial obligation to Employee under this Agreement will be to pay, subject to Section 10: (i) any earned but unpaid Base Salary and accrued Paid Time Off through the effective date of Employee's ’s termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's ’s vested portion of any Magellan deferred compensation or other benefit plan.

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Services Inc)

Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 thirty (30) days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's employment, and Employee's right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's termination. If Employee resigns pursuant to this Section 6(a), Employer's only remaining financial obligation to Employee under this Agreement will be to pay: (i) any earned but unpaid Base Salary and accrued Paid Time Off through the effective date of Employee's termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's vested portion of any Magellan deferred compensation or other benefit plan.

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Services Inc)

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Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 60 days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's ’s employment, and Employee's ’s right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's ’s termination. If Employee resigns pursuant to this Section 6(a), Employer's ’s only remaining financial obligation to Employee under this Agreement will be to pay, subject to Section 10: (i) any earned but unpaid Base Salary and accrued Paid Time Off paid time off through the effective date of Employee's ’s termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's ’s vested portion of any Magellan deferred compensation or other benefit planplan (the “Accrued Amounts”).

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Services Inc)

Termination Due to Resignation. Employee may resign his or her employment at any time by giving 30 90 days written notice of resignation to Employer. Except as otherwise set forth in this Agreement, Employee's ’s employment, and Employee's ’s right to receive compensation and benefits from Employer, will terminate upon the effective date of Employee's ’s termination. If Employee resigns pursuant to this Section 6(a), Employer's ’s only remaining financial obligation to Employee under this Agreement will be to pay: (i) any earned but unpaid Base Salary and accrued Paid Time Off through the effective date of Employee's ’s termination; (ii) reimbursement of expenses incurred by Employee through the effective date of termination which are reimbursable pursuant to this Agreement; and (iii) the Employee's ’s vested portion of any Magellan deferred compensation or other benefit plan.

Appears in 1 contract

Samples: Employment Agreement (Magellan Health Services Inc)

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