Common use of Voluntary Termination by Employee for Good Reason Clause in Contracts

Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below) upon 30 days prior written notice thereof to the Company. In such event, the Company shall pay Employee his monthly base salary (subject to standard

Appears in 2 contracts

Samples: Employment Agreement (Rio Vista Energy Partners Lp), Employment Agreement (Rio Vista Energy Partners Lp)

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Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below) upon 30 days prior written notice thereof to the Company). In the event of such event, voluntary termination for "good reason," (a) the Company shall pay Employee Employee, within 15 days of the effective date of such termination, a lump-sum payment equal to (without discounting to present value) one times' his monthly then effective annual base salary under Section 3.1 hereof and (subject to standardb) the Company shall provide the continued benefit coverage described in Section 4. 1. For purposes of this Agreement, "

Appears in 1 contract

Samples: Employment Agreement (Billing Information Concepts Corp)

Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below) upon 30 days prior written notice thereof to the Company). In the event of such event, voluntary termination for "good reason," (a) the Company shall pay Employee his monthly base salary Employee, within 15 days of the effective date of such termination, a lump-sum payment equal to (subject to standardwithout discounting to 1. For purposes of this Agreement, "

Appears in 1 contract

Samples: Employment Agreement (Billing Concepts Corp)

Voluntary Termination by Employee for Good Reason. Employee may at any ------------------------------------------------- time voluntarily terminate his employment for "good reason" (as defined below) upon 30 days prior written notice thereof to the Company. In such event, the Company shall pay Employee his monthly base salary (subject to standard deductions) and per annum payment (subject to standard

Appears in 1 contract

Samples: Employment Agreement (Penn Octane Corp)

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Voluntary Termination by Employee for Good Reason. Employee may at any time voluntarily terminate his employment for "good reason" (as defined below) upon 30 days prior written notice thereof to the Company. In such event, the Company shall pay Employee his monthly base salary (subject to standard deductions) and per annum payment (subject to standard

Appears in 1 contract

Samples: Employment Agreement (Rio Vista Energy Partners Lp)

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