Common use of TERMINATION OF THE OFFICER Clause in Contracts

TERMINATION OF THE OFFICER. Either the Company or the Officer may at any time terminate the Officer's active employment with the Company for any reason, voluntary or involuntary, with or without cause, by providing notice to that effect in writing. The date such notice is received by the other party shall be deemed the "Termination Date." Upon receipt by the Officer of a notice of termination from the Company, and upon the Company's request, the Officer will resign immediately as an Officer and/or Director.

Appears in 4 contracts

Samples: Employment Agreement (Micron Electronics Inc), Employment and Noncompete Agreement (Micron Electronics Inc), Employment Agreement (Micron Electronics Inc)

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TERMINATION OF THE OFFICER. Either the Company or the Officer may at any time terminate the Officer's active employment with the Company for any reason, voluntary or involuntary, with or without cause, by providing notice to that effect in writing. The date such notice is received by the other party shall be deemed "the "Termination Date." Upon receipt by the Officer of a notice of termination from the Company, and or upon the Company's request, the Officer will resign immediately as an Officer and/or Director.

Appears in 1 contract

Samples: Severance Agreement (Micron Technology Inc)

TERMINATION OF THE OFFICER. Either the Company or the Officer may at any time terminate the Officer's active employment with the Company for any reason, voluntary or involuntary, with or without cause, by providing notice to that effect in writing. The date such notice is received by the other party or, if earlier, the date of the Officer's death, shall be deemed the "Termination Date." Upon receipt by the Officer of a notice of termination from the Company, and or at any other time upon the Company's request, the Officer will shall resign immediately as an Officer officer and/or Directordirector of the Company.

Appears in 1 contract

Samples: Severance Agreement (Micron Technology Inc)

TERMINATION OF THE OFFICER. Either the Company or the Officer may at any time terminate the Officer's active employment with the Company for any reason, voluntary or involuntary, with or without cause, by providing notice to that effect in writing. The date such notice is received by the other party shall be deemed the "Termination Date." Upon receipt by the Officer of a notice of termination from the Company, and or upon the Company's request, the Officer will resign immediately as an Officer and/or Director.

Appears in 1 contract

Samples: Severance Agreement (Micron Technology Inc)

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TERMINATION OF THE OFFICER. Either the Company or the Officer may at any time terminate the Officer's active employment with the Company for any reason, voluntary or involuntary, with or without cause, by providing notice to that effect in writing. The date such notice is received by the other party shall be deemed "the "Termination Date." Upon receipt by the Officer of a notice of termination from the Company, and upon the Company's request, the Officer will resign immediately as an Officer and/or Director.

Appears in 1 contract

Samples: Severance Agreement (Micron Technology Inc)

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