Common use of Voluntary Resignation by Executive Clause in Contracts

Voluntary Resignation by Executive. Executive may terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' written notice of his intention to resign to Company's Chairman, which Company may accept immediately. In the event of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the date of termination.

Appears in 3 contracts

Samples: Employment Agreement (American Eagle Outfitters Inc), Employment Agreement (American Eagle Outfitters Inc), Employment Agreement (American Eagle Outfitters Inc)

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Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention any such intended resignation. The Company’s obligation to resign to Company's Chairmanpay Executive’s Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the ’s date of terminationseparation. Executive shall not be entitled to any Severance Benefits if she resigns.

Appears in 2 contracts

Samples: Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.), Executive Employment and Noncompetition Agreement (RSC Holdings Inc.)

Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention to resign to any such intended resignation. The Company's Chairmanobligation to pay Executive's Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the date of terminationseparation. Executive shall not be entitled to any Severance Benefits if he resigns (other than for Good Reason).

Appears in 2 contracts

Samples: Employment Agreement (RSC Holdings Inc.), Employment Agreement (RSC Holdings III, LLC)

Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention any such intended resignation. The Company’s obligation to resign to Company's Chairmanpay Executive’s Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the ’s date of terminationseparation. Executive shall not be entitled to any Severance Benefits if he resigns other than for Good Reason.

Appears in 2 contracts

Samples: Executive Employment and Noncompetition Agreement (RSC Holdings Inc.), Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.)

Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention any such intended resignation. The Company’s obligation to resign to Company's Chairmanpay Executive’s Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the ’s date of terminationseparation. Executive shall not be entitled to any Severance Benefits if he resigns (other than for Good Reason).

Appears in 2 contracts

Samples: Employee Stock Subscription Agreement (RSC Holdings Inc.), Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.)

Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention any such intended resignation. The Company’s obligation to resign to Company's Chairmanpay Executive’s Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the ’s date of terminationseparation. Executive shall not be entitled to any Severance Benefits if she resigns other than for Good Reason.

Appears in 1 contract

Samples: Executive Employment and Noncompetition Agreement (RSC Equipment Rental, Inc.)

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Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention any such intended resignation. The Company’s obligation to resign to Company's Chairmanpay Executive’s Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the ’s date of terminationseparation. Executive shall not be entitled to any Severance Benefits if he resigns (other than for Good Reason). ARTICLE III CONFIDENTIAL INFORMATION Section 3.1.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement

Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention any such intended resignation. The Company’s obligation to resign to Company's Chairmanpay Executive’s Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the ’s date of termination.separation. Executive shall not be entitled to any Severance Benefits if he resigns other than for Good Reason. (e)

Appears in 1 contract

Samples: Employment and Noncompetition Agreement

Voluntary Resignation by Executive. Executive may shall have the right to terminate this Agreement by his voluntary resignation at any time. Executive shall give at least 60 calendar days' agrees to provide the Company with thirty (30) days prior written notice of his intention to resign to any such intended resignation. The Company's Chairmanobligation to pay Executive's Base Salary, which Company may accept immediately. In the event variable compensation and other benefits shall cease as of Executive's resignation, Company will have no further obligations or liability hereunder except for the payment of any salary accrued and unpaid at the date of terminationseparation. Executive shall not be entitled to any Severance Benefits if he resigns other than for Good Reason.

Appears in 1 contract

Samples: Employment and Noncompetition Agreement (RSC Holdings Inc.)

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