Common use of Voluntary Resignation by Employee Clause in Contracts

Voluntary Resignation by Employee. Employee may voluntarily resign Employee’s position with Company for any reason, at any time with thirty (30) days’ advance written notice to the Board. In the event of Employee’s resignation, Employee will be entitled to receive only the Accrued Benefits. All other Company obligations to Employee pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Employee will not be entitled to receive the Severance Payments described in Section 6.2.

Appears in 2 contracts

Samples: Executive Employment Agreement (Sow Good Inc.), Executive Employment Agreement (Sow Good Inc.)

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Voluntary Resignation by Employee. Employee may voluntarily resign Employee’s 's position with Company for any reason, at any time with on thirty (30) days' advance written notice to the Boardnotice. In the event of Employee’s such resignation, Employee will be entitled to receive only the Accrued Benefits. All other Company obligations to Employee pursuant to this Agreement will become automatically terminated Base Salary, and completely extinguished. In additionfringe benefits for the thirty-day notice period, and Employee will not be entitled to receive the Severance Payments Payment described in Section 6.2subsection 7.2 above.

Appears in 2 contracts

Samples: Employment Agreement (Cynosure Inc), Employment Agreement (Cynosure Inc)

Voluntary Resignation by Employee. Employee may voluntarily resign Employee’s position with Company for any reason, at any time with on thirty (30) days’ advance written notice to the Boardnotice. In the event of Employee’s resignation, Employee will be entitled to receive only the Accrued BenefitsBase Salary then in effect for the thirty-day notice period, accrued but unused vacation, and no other amount. All other Company obligations to Employee pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Employee will not be entitled to receive the Severance Payments severance payment described in Section 6.2subsection 9.2 above or 9.4 below.

Appears in 1 contract

Samples: Employment Agreement (InterDigital, Inc.)

Voluntary Resignation by Employee. Employee may voluntarily resign Employee’s 's position with Company for any reason, at any time with on thirty (30) days' advance written notice to the Boardnotice. In the event of Employee’s such resignation, Employee will be entitled to receive only the Accrued Benefits. All other Company obligations to Employee pursuant to this Agreement will become automatically terminated Base Salary, accrued bonus and completely extinguished. In additionfringe benefits for the thirty-day notice period, and Employee will not be entitled to receive the Severance Payments Payment described in Section 6.2subsection 7.2 above.

Appears in 1 contract

Samples: Employment Agreement (Cynosure Inc)

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Voluntary Resignation by Employee. Employee may voluntarily resign Employee’s position with Company for any reasonCompany, at any time with on thirty (30) days’ advance written notice to (which notice may be waived in writing by the BoardCompany). In the event of Employee’s resignation, Employee will be entitled to receive only the Accrued Benefits. All other Company obligations to Employee pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Employee will not be entitled to receive the Severance Payments described in Section 6.2subsection 62 above.

Appears in 1 contract

Samples: Employment Agreement (Puredepth, Inc.)

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