Common use of Termination Without Cause or Resignation for Good Reason Before A Change of Control Clause in Contracts

Termination Without Cause or Resignation for Good Reason Before A Change of Control. (a) The Company may terminate Executive’s employment at any time without Cause (as defined in Section 3.8) prior to the expiration of the then-current Employment Period from the position in which Executive is employed hereunder upon not less than thirty (30) days’ prior written notice to Executive. The Company shall have the discretion to terminate Executive’s employment during the notice period and pay continued Base Salary in lieu of notice. In addition, Executive may initiate a termination of employment by resigning under this Section 3.1 for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period.

Appears in 4 contracts

Samples: Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc)

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Termination Without Cause or Resignation for Good Reason Before A Change of Control. (a) The Company Employer may terminate Executive’s employment at any time without Cause (as defined in Section 3.8) prior to the expiration of the then-current Employment Period 8) from the position in which Executive is employed hereunder upon not less than thirty (30) days’ prior written notice to Executive. The Company Employer shall have the discretion to terminate Executive’s employment during the notice period and pay continued Base Salary in lieu of notice. In addition, Executive may initiate a termination of employment by resigning under this Section 3.1 by resigning for Good Reason (as defined in, and in accordance with the notice and other provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period3.8(c)).

Appears in 2 contracts

Samples: Executive Employment Agreement (CareMax, Inc.), Executive Employment Agreement (CareMax, Inc.)

Termination Without Cause or Resignation for Good Reason Before A Change of Control. (a) The Company may terminate Executive’s employment at any time without Cause (as defined in Section 3.83.9) prior to the expiration of the then-current Employment Period from the position in which Executive is employed hereunder upon not less than thirty (30) days’ prior written notice to Executive. The Company shall have the discretion to terminate Executive’s employment during the notice period and pay continued Base Salary in lieu of notice. In addition, Executive may initiate a termination of employment by resigning under this Section 3.1 3.2 for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.83.9) prior to the expiration of the then-current Employment Period.

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

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Termination Without Cause or Resignation for Good Reason Before A Change of Control. (a) The Company may terminate Executive’s 's employment at any time without Cause (as defined in Section 3.8) prior to the expiration of the then-current Employment Period from the position in which Executive is employed hereunder upon not less than thirty (30) days' prior written notice to Executive. The Company shall have the discretion to terminate Executive’s 's employment during the notice period and pay continued Base Salary in lieu of notice. In addition, Executive may initiate a termination of employment by resigning under this Section 3.1 for Good Reason (as defined in, and in accordance with the notice provisions set forth in Section 3.8) prior to the expiration of the then-current Employment Period.

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

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