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, upon sixty (60) 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 such termination or resignation, Executive will be entitled to the Accrued Obligations and no other amount, except as required by applicable law.

Appears in 2 contracts

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

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Voluntary Resignation by Executive Without Good Reason. Executive may voluntarily resign Executive’s position with the Company at any time without Good Reason at any time, upon sixty on thirty (6030) days’ advance written notice. The effectiveness of any such voluntary resignation may be accelerated by the Company in its sole and absolute discretionnotice to Company. In the event of such termination or resignationExecutive’s voluntary resignation without Good Reason, Executive will be entitled to receive only the Accrued Obligations Standard Entitlements for the thirty-day notice period and no other amount, except as required by applicable law. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished. Executive will not be entitled to receive the Severance Package 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. The Executive may voluntarily resign Executive’s position with the Company terminate employment without Good Reason at for any timereason upon 30 days prior written notice to the Company; provided that, upon sixty (60) days’ advance written notice. The effectiveness the Company may waive all or any portion of such notice period without the obligation to provide compensation in respect of any waived portion of the notice period. In such voluntary resignation event, after the effective date of such termination, no payments shall be due under this Agreement, except for any payments or benefits to which the Executive may be accelerated by the Company in its sole and absolute discretion. In the event of such termination or resignation, Executive will be entitled to the Accrued Obligations and no other amount, except as required by applicable lawunder 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 at any time without Good Reason at any timeReason, upon sixty on sixtey (60) days’ advance written noticenotice to the Company. The effectiveness of any such voluntary resignation may be accelerated by the Company in its sole and absolute discretion. In the event of such termination or resignationIf Executive’s employment is terminated pursuant to this Section 7.4, Executive will shall, in full discharge of all of the Company’s obligations to Executive, be entitled to receive, and the Company’s sole obligation under this Agreement or otherwise shall be to pay or provide to Executive, the following (collectively, the “Accrued Obligations and no other amount, except as required by applicable law.Obligations”):

Appears in 1 contract

Samples: Employment Agreement (SmartKem, 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, upon sixty time on thirty (6030) 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 such termination or resignationExecutive’s resignation without Good Reason, Executive will be entitled to the receive only Executive’s Accrued Obligations Benefits. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and no other amount, except as required by applicable lawcompletely extinguished upon termination.

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 terminate her employment with the Company 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 the then current Base Salary and Target Bonus and for a term at any time, upon sixty (60) days’ advance written notice. The effectiveness of any such voluntary resignation may be accelerated by the Company in its sole and absolute discretionleast equal to one year. In the event of such termination or resignationExecutive voluntarily terminates her employment without Good Reason, Executive will be entitled to only the Accrued Obligations and no other amount, except as required by applicable lawBenefits.

Appears in 1 contract

Samples: 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 Reason, at any time, upon sixty time on thirty (6030) 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 such termination or resignation, Executive will be entitled to the Accrued Obligations and no other amount, except as required by applicable law.written

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 Reason for any reason, at any time, upon sixty on thirty (6030) 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 such termination or resignationExecutive’s resignation which is not for Good Reason, Executive will be entitled to receive only his Accrued Amounts. All other Company obligations to Executive pursuant to this Agreement shall be automatically terminated and completely extinguished. Executive shall not be entitled to receive the Accrued Obligations and no other amount, except as required by applicable lawSeverance Benefits described in Section 9.2 above.

Appears in 1 contract

Samples: Employment Agreement (Viavi Solutions Inc.)

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