Common use of Voluntary Resignation by Executive Clause in Contracts

Voluntary Resignation by Executive. Executive can voluntarily resign his employment at any time, effective thirty-one (31) days following the date on which a written notice to such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefits.

Appears in 6 contracts

Samples: Employment Agreement (Parabel Inc.), Employment Agreement (Parabel Inc.), Employment Agreement (Parabel Inc.)

AutoNDA by SimpleDocs

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonvoluntary resignation, Executive shall will be entitled to payment of receive only Accrued Benefits for the Accrued Benefitsthirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Restated Agreement will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Payment described in subsection 7.2 above.

Appears in 5 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement, Executive Employment Agreement (Paylocity Holding Corp)

Voluntary Resignation by Executive. Executive can voluntarily resign his employment at At any time, effective thirty-one (31) days following Executive has the date on which a right, by written notice to Employer, to terminate his services hereunder ("Voluntary Resignation"), effective as of thirty (30) days after such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefitsnotice.

Appears in 4 contracts

Samples: Agreement Regarding Special Compensation and Post Employment Restrictive Covenants (Sprint Corp), Agreement Regarding Special Compensation and Post Employment Restrictive Covenants (Sprint Corp), Agreement Regarding Special Compensation and Post Employment Restrictive Covenants (Sprint Corp)

Voluntary Resignation by Executive. Executive can voluntarily resign his employment at At any time, effective thirty-one (31) days following Executive has the date on which a right, by written notice to Employer, to terminate his services hereunder (“Voluntary Resignation”), effective as of thirty (30) days after such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefitsnotice.

Appears in 3 contracts

Samples: Agreement Regarding Special Compensation and Post Employment Restrictive Covenants (SPRINT Corp), Special Compensation and Post Employment Restrictive Covenants Agreement (Embarq CORP), Special Compensation and Post Employment Restrictive Covenants Agreement (Embarq CORP)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonvoluntary resignation, Executive shall will be entitled to payment of receive only Accrued Benefits for the Accrued Benefitsthirty-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 Payment described in subsection 7.2 above.

Appears in 3 contracts

Samples: Executive Employment Agreement (Paylocity Holding Corp), Executive Employment Agreement (Paylocity Holding Corp), Executive Employment Agreement (Paylocity Holding Corp)

Voluntary Resignation by Executive. Upon the date specified in a written notice provided by the Executive can to the Board that he is voluntarily resign resigning and terminating his employment employment, which specified date shall be at any time, effective thirty-one least fifteen (3115) business days following the date on which a written notice to such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment delivery of the Accrued Benefitsnotice, unless the parties mutually agree to an earlier or later termination date.

Appears in 3 contracts

Samples: Employment Agreement (Us Airways Group Inc), Employment Agreement (Us Airways Inc), Employment Agreement (Us Airways Inc)

Voluntary Resignation by Executive. At any time during the Employment Term or any Successive Employment Term, Executive can voluntarily resign his employment at any timehas the right, effective thirty-one (31) days following the date on which a by written notice to Employer, to terminate his services hereunder ("Voluntary Resignation"), effective as of thirty (30) days after such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefitsnotice.

Appears in 2 contracts

Samples: Employment Agreement (Iowa First Bancshares Corp), Employment Agreement (Iowa First Bancshares Corp)

Voluntary Resignation by Executive. Executive can may voluntarily resign his from employment with Company for any reason, at any time, effective thirty-one on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment resignation which is terminated as not a result of Executive voluntarily resigning his employment and Resignation for no other reasonGood Reason, Executive shall will be entitled to payment of receive only his Accrued Rights. 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 BenefitsSeverance Benefits described in Section 8.2 above.

Appears in 2 contracts

Samples: Executive Employment Agreement (Mobile Mini Inc), Executive Employment Agreement (Mobile Mini Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time for any reason on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company. If In the event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only the Accrued BenefitsStandard 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. Executive will not be entitled to receive the Severance Payment 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. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company’s Board. If In the event Executive’s employment resignation is terminated as a result of Executive voluntarily resigning his employment and for no other reasonwithout Good Reason, Executive shall be entitled to payment receive only the Annual Base Salary then in effect, prorated to the date of termination and all Stock and Stock Options vested as of the Accrued Benefitsdate of termination. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished.

Appears in 2 contracts

Samples: Employment Agreement (Nexeon Medsystems Inc), Employment Agreement (Nexeon Medsystems Inc)

Voluntary Resignation by Executive. Executive can voluntarily resign shall have the right to terminate his employment without Good Reason (as hereinafter defined) at any time, effective thirty-one (31) time by giving not less than ninety days following the date on which a prior written notice to such effect is delivered of his resignation to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefits.

Appears in 2 contracts

Samples: Employment Agreement (United Rentals Inc /De), Employment Agreement (United Rentals North America Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only Executive’s Base Salary and benefits during the Accrued Benefitsthirty-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, for clarity, Executive will not be entitled to receive any Severance Payment described in subsection 8.2 above upon a voluntary resignation.

Appears in 2 contracts

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

Voluntary Resignation by Executive. Executive can voluntarily resign shall have the right to terminate his employment without Good Reason (as hereinafter defined) at any timetime prior to December 31, effective thirty-one (31) 2006, by giving not less than ninety days following the date on which a prior written notice to such effect is delivered of his resignation to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefits.

Appears in 1 contract

Samples: Employment Agreement (United Rentals North America Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive's position with Company at any time, effective thirty-one time on thirty (3130) days following days' advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason's resignation, Executive shall will be entitled to payment of receive only Executive's Base Salary and Accrued Benefits through the Accrued Benefitsthirty-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 described in subsection 7.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Dts, Inc.)

Voluntary Resignation by Executive. Executive can may voluntarily resign his from employment with Company for any reason, at any time, effective thirty-one on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment resignation which is terminated as not a result of Executive voluntarily resigning his employment Resignation for Good Reason (and for no other reasonthus not an Involuntary Termination), Executive shall will be entitled to payment of receive only Executive’s Accrued Rights. All other Company obligations to Executive pursuant to this Agreement shall be automatically terminated and completely extinguished upon such termination. Executive shall not be entitled to receive the Accrued BenefitsSeverance Benefits described in Section 8.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Criteo S.A.)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time for any reason on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company. If In the event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only the Accrued BenefitsStandard 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. Executive will not be entitled to receive the Severance Package described in subsections 7.2(a) or 7.5(a).

Appears in 1 contract

Samples: Executive Employment Agreement (La Jolla Pharmaceutical Co)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company, at any time, effective thirty-one on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only the Accrued BenefitsBase Salary for the thirty-day notice period. All other Company obligations to Executive pursuant to this Agreement, other than vested retirement and pension benefits, will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Payment described in subsection 6.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Provide Commerce Inc)

Voluntary Resignation by Executive. Executive can voluntarily resign his employment at At any time, effective thirty-one (31) days following Executive has the date on which a right, by written notice to Company, to terminate his services hereunder (“Voluntary Resignation”), effective as of sixty (60) days after such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefitsnotice.

Appears in 1 contract

Samples: Employment Agreement (Hastings Entertainment Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only Executive’s Base Salary, reimbursement for any unreimbursed expenses and any accrued benefits through the Accrued Benefitsthirty-day notice period and no other amount. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished.

Appears in 1 contract

Samples: Executive Employment Agreement (Organovo Holdings, Inc.)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company’s Board. If In the event Executive’s employment resignation is terminated as a result of Executive voluntarily resigning his employment and for no other reasonwithout Good Reason, Executive shall be entitled to payment receive only the Base Salary and vested Stock Options then in effect, prorated to the date of the Accrued Benefitstermination. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished.

Appears in 1 contract

Samples: Executive Employment Contract (Nexeon Medsystems Inc)

AutoNDA by SimpleDocs

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one time on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company’s Board. If In the event Executive’s employment resignation is terminated as a result of Executive voluntarily resigning his employment and for no other reasonwithout Good Reason, Executive shall be entitled to payment receive only the annual base salary then in effect, prorated to the date of termination and all stock and stock options vested as of the Accrued Benefitsdate of termination. All other Company obligations to Executive pursuant to this Agreement will become automatically terminated and completely extinguished.

Appears in 1 contract

Samples: Employment Agreement (Nexeon Medsystems Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company, at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only Executive’s Base Salary and benefits for the Accrued Benefitsthirty-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 described in subsection 7.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Cohu Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive's position with Company, at any time, effective thirty-one time on thirty (3130) days following the date on which a days' advance written notice to such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefitsnotice.

Appears in 1 contract

Samples: Executive Employment Agreement (Sino Green Land Corp)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company, at any time, effective thirty-one on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company. If In the event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment receive only the Base Salary for the thirty-day notice period. All other Company obligations to Executive pursuant to this Agreement, other than vested benefits and stock options, if any, will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Payment described in subsection 6.2 above in the event of the Accrued Benefitsa voluntary resignation.

Appears in 1 contract

Samples: Executive Employment Agreement (Provide Commerce Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his from employment with Company for any reason, at any time, effective thirty-one on thirty (3130) days following days’ advance written notice, which notice period may be waived or shortened by the date on which a written notice to such effect is delivered to Company in its sole discretion. In the Company. If event of Executive’s employment resignation which is terminated as not a result of Executive voluntarily resigning his employment and Resignation for no other reasonGood Reason, Executive shall will be entitled to payment of receive only his Accrued Rights. 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 BenefitsSeverance Benefits described in Section 7.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Inventure Foods, Inc.)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company, at any time, effective thirty-one time on thirty (3130) days following the date on which a days’ advance written notice to such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefitsnotice.

Appears in 1 contract

Samples: Executive Employment Agreement (Sino Green Land Corp)

Voluntary Resignation by Executive. Executive can may voluntarily resign his from employment with Company for any reason, at any time, effective thirty-one on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment resignation which is terminated as not a result of Executive voluntarily resigning his employment Resignation for Good Reason (and for no other reasonthus not an Involuntary Termination), Executive shall will be entitled to payment of receive only his or her Accrued Rights. All other Company obligations to Executive pursuant to this Agreement shall be automatically terminated and completely extinguished upon such termination. Executive shall not be entitled to receive the Accrued BenefitsSeverance Benefits described in Section 8.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Criteo S.A.)

Voluntary Resignation by Executive. The Executive can voluntarily may resign from and ---------------------------------- terminate his employment under this Agreement at any time, effective thirty-one (31) time by giving the Company written notice no less than 30 days following prior to the date on which a written notice to such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive resignation shall be entitled to payment of the Accrued Benefitsbecome effective.

Appears in 1 contract

Samples: Employment Agreement (Catellus Development Corp)

Voluntary Resignation by Executive. Executive can may voluntarily resign from his employment position with Company for any reason, at any timetime after the Effective Date, effective thirty-one on five (315) days following the date on which a days’ advance written notice to such effect is delivered to the Company. If Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reason, Executive shall be entitled to payment of the Accrued Benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (Multimedia Games Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company, at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive Executive’s Base Salary and benefits for the thirty-day notice period and the Accrued 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 benefits described in Sections 8.3 and 8.4 above.

Appears in 1 contract

Samples: Executive Employment Agreement (GenMark Diagnostics, Inc.)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with the Company at any time, effective thirty-one time on thirty (3130) days following days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonvoluntary resignation, Executive shall will be entitled to payment receive only Executive’s base salary then in effect, prorated to the date of termination, and Accrued Benefits for the Accrued Benefitsthirty-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 Payment described in subsection 7.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Paylocity Holding Corp)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company at any time, effective thirty-one (31) days following . In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only Executive’s Base Salary and benefits for the Accrued Benefitsthirty-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 described in subsection 7.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Active Network Inc)

Voluntary Resignation by Executive. Executive can may voluntarily resign his employment Executive’s position with Company, at any time, effective thirty-one on fifteen (3115) days following calendar days’ advance written notice. In the date on which a written notice to such effect is delivered to the Company. If event of Executive’s employment is terminated as a result of Executive voluntarily resigning his employment and for no other reasonresignation, Executive shall will be entitled to payment of receive only the Accrued BenefitsBase Salary for the fifteen-day notice period. All other Company obligations to Executive pursuant to this Agreement, other than vested retirement and pension benefits, will become automatically terminated and completely extinguished. In addition, Executive will not be entitled to receive the Severance Payment described in subsection 5.2 above.

Appears in 1 contract

Samples: Executive Employment Agreement (Provide Commerce Inc)

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