Common use of Voluntary Resignation without Good Reason Clause in Contracts

Voluntary Resignation without Good Reason. Should you desire to resign from your employment with the Company without Good Reason, you will provide the Company with one (1) month’s prior written notice of termination. Upon such resignation, you will receive only (i) accrued and unpaid Base Salary through your termination date, (ii) unused but accrued vacation as of your termination date in accordance with company policy, (iii) any unpaid or unreimbursed business expenses incurred as of your termination date in accordance with company policy, and (iv) any benefits as provided under the terms of any employee benefit plan of the Company Group in which you participate (collectively, the “Accrued Obligations”). The Company in its discretion may choose to waive all or any portion of the notice period, in which case you will receive only the Accrued Obligations through the earlier termination date agreed upon by you and the Company, and if no agreement is reached, through your last date of employment as determined solely by the Company.

Appears in 7 contracts

Samples: Letter Agreement (BrightView Holdings, Inc.), Letter Agreement, Letter Agreement

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Voluntary Resignation without Good Reason. Should you desire to resign from your employment with the Company without Good Reason, you will provide the Company with one (1) month’s prior written notice of termination. Upon such resignation, you will receive only (i) accrued and unpaid Base Salary through your termination date, (ii) unused but accrued vacation as of your termination date in accordance with company policy, (iii) any unpaid or unreimbursed business expenses incurred as of your termination date in accordance with company policy, and (iv) any benefits as provided under the terms of any employee benefit plan of the Company Group in which you participate (collectively, the “Accrued Obligations”). The Company Company, in its discretion discretion, may choose to waive all or any portion of the notice period, in which case you will receive only the Accrued Obligations through the earlier termination date agreed upon by you and the Company, and if no agreement is reached, through your last date of employment as determined solely by the Company.

Appears in 1 contract

Samples: Letter Agreement (BrightView Holdings, Inc.)

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Voluntary Resignation without Good Reason. Should you desire to resign from your employment with the Company without Good Reason, you will provide the Company with one sixty (160) month’s days prior written notice of termination. Upon such resignation, you will receive only (i) accrued and unpaid Base Salary through your termination date, (ii) unused but accrued vacation as of your termination date in accordance with company policy, (iii) any unpaid or unreimbursed business expenses incurred as of your termination date in accordance with company policy, and (iv) any benefits as provided under the terms of any employee benefit plan of the Company Group in which you participate (collectively, the “Accrued Obligations”). The Company in its discretion may choose to waive all or any portion of the notice period, in which case you will receive only the Accrued Obligations through the earlier termination date agreed upon by you and the Company, and if no agreement is reached, through your last date of employment as determined solely by the Company.

Appears in 1 contract

Samples: Letter Agreement (BrightView Holdings, Inc.)

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