Common use of Voluntary Resignation by Executive Clause in Contracts

Voluntary Resignation by Executive. Executive may voluntarily terminate her employment with the Company at any time with or without notice and with or without reason. Such voluntary termination by Executive shall include, without limitation, Executive’s decision not to renew this Agreement upon expiration of the Employment Period if the Company offers to renew this Agreement on economic terms and conditions at least equal to this Agreement and for a term at least equal to one year. In the event Executive voluntarily terminates her employment, Executive’s salary shall cease on the termination date and Executive will not be entitled to severance pay, pay in lieu of notice, or any other compensation other than payment of the Accrued Benefits.

Appears in 3 contracts

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

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Voluntary Resignation by Executive. Executive may voluntarily terminate her his employment with the Company at any time with or without notice and with or without reason. Such voluntary termination by Executive shall include, without limitation, Executive’s decision not to renew this Agreement upon expiration of the Employment Period if the Company offers to renew this Agreement on economic terms and conditions at least equal to this Agreement and for a term at least equal to one year. In the event Executive voluntarily terminates her his employment, Executive’s salary shall cease on the termination date and Executive will not be entitled to severance pay, pay in lieu of notice, or any other compensation other than payment of the Accrued Benefits.

Appears in 3 contracts

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

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