Common use of Voluntary Resignation Clause in Contracts

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreement. The Employee’s benefits will be terminated under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 9 contracts

Samples: Change of Control Agreement (Conceptus Inc), Change of Control Agreement (Conceptus Inc), Change of Control Agreement (Conceptus Inc)

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Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 6 contracts

Samples: Control Agreement (Conceptus Inc), Change of Control Agreement (Resound Corp), Change of Control Agreement (Metra Biosystems Inc)

Voluntary Resignation. If the Employee voluntarily resigns --------------------- from the Company (other than as an Involuntary Termination (as defined below) ), or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 5 contracts

Samples: Change of Control Agreement (Connect Inc), Change of Control Agreement (Connect Inc), Change of Control Agreement (Connect Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 3 contracts

Samples: Change of Control Agreement (Sitesmith Inc), Change of Control Agreement (Sitesmith Inc), Change of Control Agreement (Sitesmith Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Companytermination.

Appears in 3 contracts

Samples: Management Continuity Agreement (Laserscope), Management Continuity Agreement (Laserscope), Management Continuity Agreement (Laserscope)

Voluntary Resignation. If the Employee --------------------- voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) ), or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (Connect Inc), Change of Control Agreement (Connect Inc)

Voluntary Resignation. If the Employee voluntarily --------------------- resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the terms of the Employee Agreement and the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (Keravision Inc /Ca/), Change of Control Agreement (Keravision Inc /Ca/)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the terms of the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (Conceptus Inc), Change of Control Agreement (Conceptus Inc)

Voluntary Resignation. If the Employee voluntarily --------------------- resigns from the Company (other than as an Involuntary Termination (as defined below) ), or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (Connect Inc), Change of Control Agreement (Connect Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s benefits will be terminated under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Companytermination.

Appears in 2 contracts

Samples: Management Continuity Agreement (Laserscope), Form of Management Continuity Agreement (Laserscope)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (Company, other than as an Involuntary Termination (as defined below) ), or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.. (j)

Appears in 2 contracts

Samples: Change of Control Agreement (Connect Inc), Change of Control Agreement (Connect Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Subject to Section 3(b), the Employee’s benefits will be terminated under the terms of the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Change of Control Agreement (Conceptus Inc), Change of Control Agreement (Conceptus Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s then 's then-existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 2 contracts

Samples: Key Employee Retention Agreement (Accelgraphics Inc), Key Employee Retention Agreement (Accelgraphics Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreement. The Employee’s 's benefits will be terminated under the Company’s terms of the Company`s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of in accordance with Employee's employment agreement with the Company.

Appears in 1 contract

Samples: Control Agreement (Ribogene Inc / Ca/)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below)) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the terms of the offer letter, if applicable, and the Company’s then 's then-existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (General Surgical Innovations Inc)

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Voluntary Resignation. If the Employee voluntarily resigns --------------------- from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Xylan Corp)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below)) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Employment Agreement (Visioneer Inc)

Voluntary Resignation. If the Employee --------------------- voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Keravision Inc /Ca/)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s benefits will be terminated under the Company’s then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with the terms of the Employee’s Offer Letter/Employment Agreement or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Concentric Medical Inc)

Voluntary Resignation. If the Employee voluntarily --------------------- resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Keravision Inc /Ca/)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreement. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of in accordance with Employee's employment agreement with the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Ribogene Inc / Ca/)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (Company, other than as an Involuntary Termination (as defined below) ), or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Connect Inc)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination and in accordance with the terms of the Employee's Offer Letter/Employment Agreement or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Netro Corp)

Voluntary Resignation. If the Employee voluntarily resigns from the Company (other than as an Involuntary Termination (as defined below) or if the Company terminates the Employee’s 's employment for Cause (as defined below)), then the Employee shall not be entitled to receive severance payments under this Agreementpayments. The Employee’s 's benefits will be terminated under the terms of the Employee Agreement and the Company’s 's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination or as otherwise determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Change of Control Agreement (Keravision Inc /De/)

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