Voluntarily by the Executive Sample Clauses

Voluntarily by the Executive. The Executive may terminate his employment by giving written notice thereof to the Company, provided, however, that if Executive terminates his employment for Good Reason, such termination shall not be considered a voluntary termination by Executive and Executive shall be treated as if he had been terminated by the Company pursuant to paragraph 5(a) below. “Good Reason” means any of the following:
Sample 1Sample 2Sample 3See All (20)
AutoNDA by SimpleDocs
Voluntarily by the Executive. The Executive may terminate his employment by giving written notice thereof to the Company.
Sample 1Sample 2Sample 3See All (12)
Voluntarily by the Executive. The Executive may voluntarily terminate his employment at any time during the Employment Period by giving not less than sixty (60) days prior written notice thereof to the Company.
Sample 1Sample 2See All (6)
Voluntarily by the Executive. The Executive may terminate his employment at any time during the Employment Period by giving not less than 60 days prior written notice thereof to the Company; provided, however, that Executive may terminate his employment immediately and without notice upon either: (i) the occurrence of any of the events listed in Section 3(b)(i) or (ii) of this Agreement, or (ii) the occurrence of an event constituting Good Reason (as defined below).
Sample 1
Voluntarily by the Executive. The Executive may voluntarily terminate the Employment Period; or
Sample 1Sample 2
Voluntarily by the Executive. By the Executive upon thirty (30) days advance written notice to the Company, for any reason. In the event of a termination of this Agreement by the Executive, the Company shall pay to the Executive, in a lump-sum within thirty (30) days of the date of termination, (A) any accrued but unpaid pro rata Annual Salary provided for in Section 2(a) above for services rendered through the date of termination, (B) any accrued but unpaid expenses required to be reimbursed under Section 3 above and (C) any unused vacation under Section 4 above as of the date of termination. Equity and annual incentive compensation, outstanding at the time of such termination, shall be addressed in accordance with the terms of the applicable equity and annual incentive compensation plans (including retirement eligibility respecting equity and annual incentive compensation awarded prior to the Effective Date), unless such resignation occurs on or after July 1, 2022 in which case, the Executive's rights with respect to such equity and annual incentive compensation awarded on and after the Effective Date shall be deemed retirement-eligible under terms no less favorable to the Executive than are in effect for retirement-eligible participants on the date hereof. Notwithstanding the terms of any plan, in the event that the Executive's voluntarily resignation occurs prior to July 1, 2022 the Performance Options shall not vest and will be forfeited without any payment or compensation of any kind.
Sample 1
Voluntarily by the Executive. By the Executive upon thirty (30) days advance written notice to the Company, for any reason. In the event of a termination of this Agreement by the Executive, the Company shall pay to the Executive, in a lump-sum within thirty (30) days of the date of termination, (A) any accrued but unpaid prorata Annual Salary provided for in Section 2(a) above for services rendered through the date of termination, (B) any accrued but unpaid expenses required to be reimbursed under Section 3 above and (C) any unused vacation under Section 4 above as of the date of termination. Equity compensation, outstanding at the time of such termination, shall be addressed in accordance with the terms of the applicable plan terms except as provided in Section 13 below.
Sample 1
AutoNDA by SimpleDocs
Voluntarily by the Executive. The Executive may voluntarily terminate his employment at any time during the Employment Period by giving not less than 90 days prior written notice thereof to the Company. The Executive may also terminate his employment hereunder after giving the Company written notice of not less than 90 days after an occurrence or an event which constitutes Good Reason. Good Reason shall mean: (i) a reduction in annual base salary; (ii) a failure by the Company to provide fringe benefits comparable to those offered the Executive’s peer executives at the Company; (iii) the failure of the Company to obtain by operation of law or otherwise the assumption of its obligations to perform this Agreement from any successor to the Company or to all or substantially all of the assets of the Company; or (iv) a relocation of the Executive’s worksite by the Company to a location which increases the distance from the Executive’s home to his worksite by more than 50 miles.
Sample 1
Voluntarily by the Executive. The Executive may voluntarily terminate his employment at any time during the Employment Period either for Good Reason, or without Good Reason, by giving not less than 60 days prior written notice thereof to the Company. For purposes of this Agreement, “Good Reason” means the resignation by the Executive after the occurrence of one or more of the following conditions without the Executive’s consent:
Sample 1

Related to Voluntarily by the Executive

  • Termination by the Executive The Executive may terminate employment hereunder at any time for any reason, including but not limited to, Good Reason. For purposes of this Agreement, “Good Reason” shall mean that the Executive has completed all steps of the Good Reason Process (hereinafter defined) following the occurrence of any of the following events without the Executive’s consent (each, a “Good Reason Condition”):

  • By the Executive The Executive may terminate the Employment at any time with a three-month prior written notice to the Company or by payment of three months’ salary in lieu of notice. In addition, the Executive may resign prior to the expiration of the Agreement if such resignation or an alternative arrangement with respect to the Employment is approved by the Board.

  • Voluntary Termination by the Executive The Executive may voluntarily terminate his employment with the Company at any time prior to the expiration of the term of this Agreement. Such termination shall constitute a voluntary termination and, in such event, the Executive shall be limited to the same rights and benefits as applicable to the termination for Cause, as described in Section 10(c) above.

  • Resignation by the Executive Executive may voluntarily resign from his employment with the Company, provided that Executive shall provide the Company with thirty (30) days advance written notice (which notice requirement may be waived, in whole or in part, by the Company in its sole discretion) of his intent to resign. If Executive so terminates his employment with the Company, other than in accordance with Section 4.5, the Company shall have no obligation other than the payment of the Accrued Obligations to the effective date of such termination.

  • Termination by the Employee The Employee may terminate this Agreement at any time, for any reason or for no reason at all, by giving notice thereof to the Corporation at least thirty (30) days before the effective date of such termination. The Employment Period shall terminate as of the date of such termination of employment.

  • Voluntary Termination by the Employee The Employee may voluntarily terminate the Employee's status as employee for other than Good Reason.

  • Termination by the Executive Without Good Reason The Executive may terminate his employment on his own initiative for any reason upon 30 days’ prior written notice to the Company; provided, however, that during such notice period, the Executive shall reasonably cooperate with the Company (at no cost to the Executive) in minimizing the effects of such termination on the Company Group. Such termination shall have the same consequences as a termination for Cause under Section 6.2.

  • Termination by the Employer The Employer may terminate the Employment Period (i) immediately upon the delivery of a Notice of Termination (as defined in Section 4.01(d) of this Agreement) by the Employer to the Executive setting forth the facts that indicate that a determination has been made that the Executive has a Disability in accordance with Section 4.02 of this Agreement; (ii) immediately upon delivery of a Notice of Termination by the Employer to the Executive setting forth the facts that indicate that an event constituting Cause (as defined in Section 4.03 of this Agreement) has occurred, or on such later date as may be set forth in such Notice of Termination; or (iii) at any time without Cause effective as of the 30th day following the delivery of a Notice of Termination by the Employer to the Executive, or on such later date as may be set forth in such Notice of Termination.

  • Voluntary Termination by the Executive Without Good Reason If the Executive terminates employment without Good Reason, the Executive shall receive the Base Salary and expense reimbursement to which the Executive is entitled through the date on which termination becomes effective.

  • By the Employee This Agreement and the obligations created hereunder may not be assigned by the Employee, but all rights of the Employee hereunder shall inure to the benefit of and be enforceable by his heirs, devisees, legatees, executors, administrators and personal representatives.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!