Common use of Voluntary Resignation by Executive Without Good Reason Clause in Contracts

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time on thirty (30) days’ advance written notice. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package.

Appears in 3 contracts

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

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Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, Reason at any time on thirty time, upon sixty (3060) days’ advance written notice. The effectiveness of any such voluntary resignation may be accelerated by Company in its sole and absolute discretion. In the event of Executive’s resignation without Good Reasonsuch termination or resignation, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period Accrued Obligations and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Packageexcept as required by applicable law.

Appears in 3 contracts

Samples: Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, Reason at any time on thirty time, upon sixty (3060) days’ advance written notice. The effectiveness of any such voluntary resignation may be accelerated by the Company in its sole and absolute discretion. In the event of Executive’s resignation without Good Reasonsuch termination or resignation, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period Accrued Obligations and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Packageexcept as required by applicable law.

Appears in 3 contracts

Samples: Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.)

Voluntary Resignation by Executive Without Good Reason. The Executive may voluntarily resign Executive’s position with terminate employment without Good Reason for any reason upon 30 days prior written notice to the Company; provided that, the Company may waive all or any portion of such notice period without Good Reason, at the obligation to provide compensation in respect of any time on thirty (30) days’ advance written noticewaived portion of the notice period. In such event, after the event effective date of Executive’s resignation without Good Reasonsuch termination, no payments shall be due under this Agreement, except for any payments or benefits to which the Executive will may be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Packageunder Section 6(h).

Appears in 2 contracts

Samples: Employment Agreement (Lifetime Brands, Inc), Employment Agreement (Lifetime Brands, Inc)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time without Good Reason on thirty (30) days’ advance written noticenotice to Company. In the event of Executive’s voluntary resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits the Standard Entitlements for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance PackagePackage described in subsection 7.2 above.

Appears in 2 contracts

Samples: Executive Employment Agreement (FLO Corp), Executive Employment Agreement (FLO Corp)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position terminate his employment with the Company without Good Reason, at any time on thirty with or without notice and without Good Reason (30) days’ advance written noticeas defined below). In the event of Executive’s resignation Executive voluntarily terminates his employment without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance PackageAccrued Benefits.

Appears in 2 contracts

Samples: Employment Agreement (National CineMedia, Inc.), Employment Agreement (National CineMedia, Inc.)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time on thirty (30) days’ advance written notice. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Package.written

Appears in 1 contract

Samples: Executive Employment Agreement (Dts, Inc.)

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Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time on thirty (30) days’ advance written notice. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance PackagePackage described in subsection 7.3 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Constellation Alpha Capital Corp.)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company without Good Reason, at any time on thirty (30) days’ advance written notice. In the event of Executive’s resignation without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amountAccrued Benefits. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Packageextinguished upon termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Dts, Inc.)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position from employment with the Company without Good Reasonfor any reason, at any time time, on thirty (30) days’ advance written notice. In the event of Executive’s resignation without which is not for Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amounthis Accrued Amounts. All other Company obligations to Executive pursuant to this Agreement will become shall be automatically terminated and completely extinguished. In addition, Executive will shall not be entitled to receive the Severance PackageBenefits described in Section 9.2 above.

Appears in 1 contract

Samples: Employment Agreement (Viavi Solutions Inc.)

Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position terminate her employment with the Company without Good Reason, at any time with or without notice and without Good Reason (as defined below). Such voluntary termination shall include, without limitation, Executive’s decision not to renew this Agreement upon expiration of the Employment Period on thirty (30) days’ advance written noticethe then current Base Salary and Target Bonus and for a term at least equal to one year. In the event of Executive’s resignation Executive voluntarily terminates her employment without Good Reason, Executive will be entitled to receive only Executive’s Base Salary and benefits for the thirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance PackageAccrued Benefits.

Appears in 1 contract

Samples: Employment Agreement (National CineMedia, Inc.)

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