Common use of Termination on Account of Employee’s Voluntary Resignation Clause in Contracts

Termination on Account of Employee’s Voluntary Resignation. Employee may terminate this Agreement and his or her employment hereunder, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the parties hereto. In such event, the Company shall pay to Employee the amount of his or her accrued but unpaid Base Compensation. No additional payments or benefits shall be due hereunder, except as may be required under a separate plan, policy or program maintained by the Company or as may be required by law to be provided. If Employee voluntarily terminates this Agreement and his or her employment hereunder on or after the date on which he or she attains age 65 and has completed at least three years of service with the Company, then notwithstanding any provision of any plan, policy, contract or arrangement to the contrary, he or she shall receive the following amounts and benefits, in addition to any amount or benefit payable under a separate plan, policy or program maintained by the Company:

Appears in 3 contracts

Samples: Employment Agreement (Isle of Capri Casinos Inc), Employment Agreement (Isle of Capri Casinos Inc), Employment Agreement (Isle of Capri Casinos Inc)

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Termination on Account of Employee’s Voluntary Resignation. Employee may terminate this Agreement and his or her employment hereunder, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the parties hereto. In such event, the Company shall pay to Employee the amount of his or her accrued but unpaid Base Compensation. No additional payments or benefits shall be due hereunder, except as may be required under a separate plan, policy or program maintained by the Company or as may be required by law to be provided. If Employee voluntarily terminates this Agreement and his or her employment hereunder on or after the date on which he or she attains age 65 and has completed at least completes three years of service with the Company, then notwithstanding any provision of any plan, policy, contract or arrangement to the contrary, he or she shall receive the following amounts and benefits, in addition to any amount or benefit payable under a separate plan, policy or program maintained by the Company:

Appears in 3 contracts

Samples: Employment Agreement (Isle of Capri Casinos Inc), Employment Agreement (Isle of Capri Casinos Inc), Employment Agreement (Isle of Capri Casinos Inc)

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Termination on Account of Employee’s Voluntary Resignation. Employee may terminate this Agreement and his or her employment hereunder, upon 30 days prior written notice to the Company or such shorter period as may be agreed upon by the parties hereto. In such event, the Company shall pay to Employee the amount of his or her accrued but unpaid Base Compensation. No additional payments or benefits shall be due hereunder, except as may be required under a separate plan, policy or program maintained by the Company or as may be required by law to be provided. If Employee voluntarily terminates this Agreement and his or her employment hereunder on or after the date on which he or she attains age 65 and has completed at least three ten (10) years of service with the Company, then notwithstanding any provision of any plan, policy, contract or arrangement to the contrary, he or she shall receive the following amounts and benefits, in addition to any amount or benefit payable under a separate plan, policy or program maintained by the Company:

Appears in 1 contract

Samples: Employment Agreement (Isle of Capri Casinos Inc)

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